GaN Industrial Devices Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Report Code: ZMR-3140 | Report Format : | Status : Upcoming |

Abstract

Global GaN Industrial Devices Market: Overview

Gallium Nitride (GaN) posses a wide band gap and has excellent characteristics such as high switching frequencies, high conduction, high breakdown voltage, thermal stability, and enhanced power efficiency thus it is being used in several end-user sectors. Owing to these beneficial characteristics the GaN-based power semiconductors have increased applications such as they are used in inverters for trains, power converter circuits, heavy and industrial electrical systems, home appliances, turbines, and others.

Global GaN Industrial Devices Market: Growth Factors

The growing penetration of the GaN industrial devices in the market for the mid-voltage power electronics is the key factor that will drive the GaN industrial devices market. Majority of the demand for the GaN industrial devices is from the ICT sector owing to the growing replacements of the Si-based equipment with the GaN. GaN industrial devices are increasingly used in systems such as power distribution systems, heavy machinery, heavy electrical systems, advanced industrial control systems, industrial systems, and in electro-mechanical computing systems. Furthermore, the applications in the high-voltage direct current, solar power systems, wind power systems, smart grid power systems, and wind turbines are increasing the popularity of the GaN industrial devices market. The GaN industrial devices also find utilization in the automobile sector for the manufacturing of the electric and hybrid vehicles thus increasing the demand for the GaN industrial devices. By type, it is attributed that there is an increased popularity of the optoelectronics owing to the growing demand for the laser diodes in various end-user sectors.

Global GaN Industrial Devices Market: Segmentation

The global GaN industrial devices market is segregated on the basis of its applications and type. On the basis of application, the market is divided into a light-emitting diode (LED), power devices, radio frequency (RF), and others. Based on the type, the GaN industrial devices market is divided into GaN optoelectronics devices, GaN power devices, and others.

Global GaN Industrial Devices Market: Regional Analysis

The geographical diversification of the GaN industrial devices market includes Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Among all the regions, North America is expected to dominate the GaN industrial devices market. This development is owing to the increased utilization of the GaN-based devices for the satellite communications that are of high frequency coupled with the increased performance of the GaN-based transistors in the end-use applications such as military and defense. In addition, the increased integration of the GaN-based industrial devices is fuelling owing to the increasing demand for the computers, televisions, mobile tablets, laptops, and others.

Global GaN Industrial Devices Market: Competitive Players

Some of the most important market players in the GaN industrial devices market are GaN Systems Inc., International Rectifier Corporation, Efficient Power Conversion Corporation, Renesas Electronics Corporation, Texas Instruments Inc., Nichia Corporation, Fujitsu Limited, Freescale Semiconductors Incorporated, RF Micro Devices Inc., NXP Semiconductors N.V., Toshiba Corporation, International Quantum Epitaxy, and Cree Inc.

Global GaN Industrial Devices Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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