GaN Epitaxial Wafers Market Press Release 2021: Increase Future Opportunities and Develop Manufacturing Strategy 2027

GaN is widely implemented in radio frequency devices, light-emitting diodes (LEDs), and power electronics, due to its ability to operate at high frequency and high temperature. Increasing adoption of LEDs is a major factor boosting growth of the GaN epitaxial wafers market. Furthermore, advancement in GaN technology has led to the development of efficient GaN substrates with free macro defect density and low defect density. Hence, GaN substrates can increasingly be used for realizing LEDs with a wafer diameter from 2 inch up to 6 and 8 inch. Increasing adoption of LEDs is expected to drive growth of the GaN epitaxial wafers market during the forecast period. However, competition from Sic in high-voltage semiconductor applications and high product cost are factors which are expected to hinder growth of the global GaN epitaxial wafers market during the forecast period.

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To provide information on the competitive landscape, this report includes detailed profiles of major key players of the GaN Epitaxial Wafers Market Industry: RF Globalnet, Aixtron, EpiGaN nv, Sciocs, Semiconductor Wafer Inc. IGSS GaN, SweGaN, NTT Advanced Technology Corporation, Infineon Technologies AG, Mitsubishi Electric Corporation, Toshiba Infrastructure Systems & Solutions Corporation, Koninklijke Philips N.V., and ALLOS Semiconductors GmbH among others.

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• This report covers product portfolios of the top company players.
• Review on competitive assessment, new products launch, and geographical development.

Market Dynamics Drivers and Restraints Opportunities:-
The increased sales of automobiles all across the globe are expected to augment the growth of the global GaN Epitaxial Wafers Market market. Moreover, an increase in disposable income among individuals especially in developing nations is expected to create propulsion in the global market. In addition, the Optical research report also offers a deep analysis of the recently adopted growth strategies and development plans of the industry. This report explores all the key factors affecting the growth of the GaN Epitaxial Wafers Market market including supply and demand scenario, pricing structure, profit margins.

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This release was published on openPR.