Press release
GaN Power Device Market Share, Size, Growth, Trends, Opportunities and Forecast Till 2026
According to IMARC Group's latest report, titled "GaN Power Device Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global GaN power device market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 19% during 2021-2026.We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request a Free PDF Sample of the Report: https://www.imarcgroup.com/gan-power-device-market/requestsample
The gallium nitride (GaN) power device refers to a wide bandgap semiconductor that is used for high-efficiency power transistors and integrated circuits. This high electron mobility transistor (HEMT) is produced by combining a thin layer of aluminum gallium nitride (AIGan) and GaN crystal, which induces a two-dimensional electron gas (2DEG). As compared to silicon-based metal-oxide-semiconductor field-effect transistor (MOSFET), the GaN power device offers higher breakdown strength, faster-switching speed, stronger thermal conductivity, and lower on-resistance. Apart from this, GaN devices improve efficiency and reduce the costs of power conservation systems.
Market Trends and Drivers:
The GaN power device market is primarily being driven by the widespread product application in the automotive sector to be utilized in the lighting and braking control systems of electric vehicles (EVs) and hybrid electric vehicles (HEVs). Moreover, GaN power devices are employed in radars to improve navigation and facilitate real-time air traffic, which is catalyzing the market growth. Additionally, these devices are extensively utilized in the manufacturing of healthcare scanning and diagnostic equipment and wireless charging technologies, which is positively influencing the market growth. Besides this, the integration of the internet of things (IoT) and fifth generation (5G) technology is acting as another growth-inducing factor.
GaN Power Device Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the GaN power device market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Efficient Power Conversion
GaN Systems Inc.
IQE
Koninklijke Philips N.V.
MACOM Technology Solutions
Microsemi Corporation (Microchip Technology Inc.)
Mitsubishi Electric Corporation
Navitas Semiconductor Inc.
Qorvo Inc.
Sumitomo Electric Industries Ltd.
Texas Instruments Incorporated
Toshiba Corporation
Wolfspeed Inc. (Cree Inc.)
Key Market Segmentation:
The report has segmented the global GaN power device market on the basis of device type, voltage range, application, end-use industry and region.
Breakup by Device Type:
Power Device
Discrete Power Device
Integrated Power Device
RF Power Device
Discrete RF Power Device
Integrated RF Power Device
Breakup by Voltage Range:
600 Volt
Breakup by Application:
Power Drives
Power Supply Systems
Radio Frequency Based Systems
Breakup by End-Use Industry:
Telecommunications
Automotive
Renewable Power Generation
Military
Aerospace and Defense
Consumer Electronics
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2281&flag=C
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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 Share, Size, Growth, Trends, Opportunities and Forecast Till 2026 here
News-ID: 2643233 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
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…