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Automotive GaN Technology Market Reflect Impressive Growth Rate to 2030 | Transparency Market Research
GaN devices help increase the battery performance of an electric vehicle and also help increase its range. This is likely to propel the automotive GaN technology market across the globe.
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Key Drivers of Automotive GaN Technology Market
Rise in production of vehicles integrated with increasing number of safety features, across the globe, is estimated to boost the automotive GaN technology market. Increase in demand for connected vehicles across the globe is anticipated to enhance the use of GaN technology in vehicles. Major vehicle manufacturers are focusing on the research and development of advance safety features in vehicles, which is projected to boost the automotive GaN technology market across the globe.
Rise in integration of infotainment systems in vehicles is likely to propel the automotive GaN technology market across the globe. Growing penetration of electric steering, electric suspension system, high intensity headlights, and wireless charging systems in vehicles is anticipated to augment the automotive GaN technology market across the globe.
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Europe & Asia Pacific to hold significant share of global automotive GaN technology market
Europe is projected to account for a major share of the global automotive GaN technology market due to a rise in the demand for connected and autonomous vehicles. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Robert Bosch GmbH, Infineon Technologies, and TE Connectivity who have major facilities that undertake research & development on semiconductor devices, which is likely to propel the automotive GaN technology market across Europe.
Followed by Europe, Asia Pacific is projected to hold a significant share of the global automotive GaN technology market due to an increase in sale of vehicles across the region. Presence of major automotive electronics parts manufacturing industries across China, India, and Japan is anticipated to propel the automotive GaN technology market across Asia Pacific.
Key Players Operating in Automotive GaN Technology Market
The automotive GaN technology market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive GaN technology market are:
TE Connectivity
Infineon Technologies
STMicroelectronics
Robert Bosch GmbH
Qorvo Inc.
Nvitas Semiconductor
Toshiba Electric Corporation
Mitsubishi Electric Corporation
Texas Instrument
GaN Systems
Pioneer Corporation
Transphorm Inc.
Lear Corporation
VisIC Technologies
Calsonic Kansei Corporation
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Global Automotive GaN Technology Market: Research Scope
Global Automotive GaN Technology Market, by Propulsion
Internal Combustion Engine (ICE)
Battery Electric Vehicle(BEV)
Hybrid Electric Vehicle (HEV)
Global Automotive GaN Technology Market, by Vehicle Type
Passenger Vehicle
Commercial Vehicle
Global Automotive GaN Technology Market, by Device Type
600 V
Global Automotive GaN Technology Market, by Voltage Range
Power
RF Power
Global Automotive GaN Technology Market, by Operation
Manual
Autonomous
Global Automotive GaN Technology Market, by Application
On Battery Charger
DC/AC Converter
Traction Inverter
Wireless Battery Charger
LIDAR Sensor
Electric Power Steering
48V Power System
Others
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
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