Press release
GaN Power Device Market 2021 Global Industry Analysis, Size, Segmentation, Trends Challenges, Growth Factors and Leading Players To 2027
global GaN Power device market was estimated at $110.3 million in 2019 and is expected to hit $1.24 billion by 2027, registering a CAGR of 35.4% from 2020 to 2027. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.Decrease in prices of GaN devices, increase in demand for GaN devices for wireless charging, and rise in adoption of GaN devices in electric vehicle have boosted the growth of the global GaN power device market. In addition, increase in requirement of GaN devices for commercial RF applications augments the growth of the market. On the other hand, lack of availability of GaN material hampers the market growth to some extent. Moreover, government initiatives in HVDC and smart grid are expected to create an array of opportunities in the industry.
Download Research Sample with Industry Insights (200+ Pages PDF Report) @ https://www.alliedmarketresearch.com/request-sample/1997
Allied Market Research recently published a report titled, “GaN Power Device Market: Global Opportunity Analysis and Industry Forecast 2020-2027’’.The market report presents the top factors and market trends that are real behind the growth of the market. It also offers an extensive study of evolving market dynamics, top investment pockets, key sections, competitive scenarios, value chain, and major investment prospects. These figures and data are helpful for startups, stakeholders, investors, and the key market players to obtain useful understandings and visions on the market and implement necessary strategies based on the same.
GaN Power Device Market Competitive Analysis:
The key market players analyzed in the global GaN power device market report are GaN Systems, Efficient Power Conversion Corporation (EPC), Panasonic Corporation, On Semiconductors, Texas Instruments Inc., VisIC, Fujitsu Limited, Toshiba Corporation, Taiwan Semiconductor Manufacturing Company, and Infineon Technologies AG. These market players have taken recourse to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their stand in the industry.
Covid-19 Impact on the Global GaN Power Device Market:
GaN Power Device Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2024). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.
COVID 19 scenarios:
The increase in storage demand from data centers due to remote working boosted the growth of the market.
In addition, the supporting sectors including healthcare and medical devices, and telecommunications fuel the market growth amid COVID 19.
Get detailed COVID-19 impact analysis on the GaN Power Device Market @ https://www.alliedmarketresearch.com/request-for-customization/1997?reqfor=covid
GaN Power Device Market Segmentation:
Based on product, the GaN power modules segment contributed to nearly half of the total market revenue in 2019, and is anticipated to rule the roost by the end of 2027. Whereas, the GaN power ICs segment is projected to manifest the fastest CAGR of 38.6% throughout the forecast period.
Based on end user, the IT and telecommunication segment accounted for around one-third of the global market share in 2019, and is expected to dominate during the study period. At the same time, the automotive segment would portray the fastest CAGR of 38.7% through 2027.
GaN Power Device Market Geographical Analysis:
The report also provides a regional analysis of the market along with the competitive setting in each region. The research report encompasses regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These segmentations aid the market players in framing respective tactics, thus leading way to lucrative opportunities to attain their objectives.
Based on geography, North America held the lion’s share in 2019, accounting for nearly half of the total market share and is anticipated to lead the trail from 2020 to 2027. Simultaneously, Asia-pacific would showcase at the fastest CAGR of 37.5% during the period. The report also analyzes the market across Europe and LAMEA.
Make A Purchase Enquiry at : https://www.alliedmarketresearch.com/purchase-enquiry/1997
Key Market Segments
By Device
GaN Power Discrete Devices
GaN Power ICs
GaN Power Module
By Application
Consumer Electronics
IT & Telecommunication
Automotive
Aerospace & Defense
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
Taiwan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings
2.1.1.Top impacting factors
2.1.2.Top investment pockets
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key forces shaping GaN power device market
3.3.Market dynamICs
3.3.1.Drivers
3.3.1.1.Decrease in prices of GaN devices
3.3.1.2.Rise in demand for GaN devices for wireless charging
3.3.1.3.Increase in adoption of GaN devices in electric vehicle
3.3.1.4.Increase in requirement of GaN devices for commercial RF applications
3.3.2.Restraint
3.3.2.1.Lack of availability of GaN material
3.3.3.Opportunities
3.3.3.1.Government initiatives in HVDC and smart grid
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us
AMR (Allied Market Research) is an end-to-end market research and business-consulting annex of Allied Analytics LLP based in Portland, Oregon. AMR takes pride in offering global enterprises as well as SMEs with market research reports and business intelligence solutions that are nonpareil in nature. AMR comes up with a well-targeted view to deliver rich business insights help its clientele make tactical business choices and accomplish viable growth in their respective market sphere.
We share professional corporate affairs with a number of renowned organizations that helps us in digging out proper market data which, in turn, gives way to utmost accuracy in our market forecasting. Each and every data presented in our reports is exclusively hauled out through primary discussions with top representatives from the leading organizations of the respective domains.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release GaN Power Device Market 2021 Global Industry Analysis, Size, Segmentation, Trends Challenges, Growth Factors and Leading Players To 2027 here
News-ID: 2298079 • Views: …
More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…

Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…

Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…

Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for GaN
Gan On Gan Devices Market Expected to Grow at 19.75% CAGR by 2032
The Gallium Nitride on Gallium Nitride (GaN on GaN) devices market is emerging as a crucial segment in the semiconductor industry, driven by the need for high-efficiency power devices and advanced optoelectronic components. GaN technology offers several advantages over traditional silicon-based devices, including higher efficiency, faster switching speeds, and greater thermal conductivity, making it an attractive option for various applications.
Key Companies in the Gan On Gan Devices Market Include:
Roche, Thermo…
Increasing Adoption of GaN-based Devices in Automotive and Consumer Electronics …
[San Francisco, USA] - Trouve360Reports, a leading market research firm, has added a new report on the Global GaN Substrate and GaN Wafer Market. The report reveals that the market is expected to reach $XX billion by 202X, with a CAGR of XX% during the forecast period.
The Global GaN Substrate and GaN Wafer Market is witnessing significant growth due to the rising demand for high-efficiency power electronics and the increasing…
Global Gallium Nitride (Gan) Substrates Market COVID-19 Updated Analysis By Prod …
Gallium Nitride (Gan) Substrates Industry Overview - Competitive Analysis, Regional and Global Analysis, Segment Analysis, Market Forecasts 2026
An updated report on the global Gallium Nitride (Gan) Substrates market is published by the Market Research Store. The report study gives you each and every detail about the Gallium Nitride (Gan) Substrates market. It helps you to understand the Gallium Nitride (Gan) Substrates market in a comprehensive way. Some of the industry…
GaN Power Device Market by Device (GaN Power Discrete Devices, GaN Power ICs, Ga …
At present, North America and Europe combined together lead the GaN power device market and are expected to maintain dominance over the next few years as well. Moreover, the increase in investment from the Europe Space Agency (ESA) on GaN power devices for several space projects and increase in the usage of GaN-based transistors in the defense operations in North America will help the GaN power devices market gain traction…
GaN RF Devices Market: GAN Systems, Infineon Technologies, NXP Semiconductors, T …
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global GaN RF Devices Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This report studies the global GaN RF Devices market status and forecast, categorizes the global GaN RF Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South…
Global GaN Industrial Devices Market 2017 - Fujitsu, Toshiba, Panasonic, GaN Sys …
The report studies GaN Industrial Devices in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
The study Global GaN Industrial Devices Industry 2017 is a detailed report scrutinizing statistical data related to the Global GaN Industrial Devices industry. Historical data available in the report elaborates on the development of the…