With 12.9% CAGR, RF Gallium Nitride Market Growth to Surpass USD 2.8 billion

The global RF gallium nitride market was valued at USD 1.3 billion in 2022 and is projected to reach USD 2.8 billion by 2028; it is expected to register a CAGR of 12.9% during the forecast period. The advantage of GaN over traditional SI heightened demand from consumers and enterprises and automotive verticals for power electronics devices, and continuous emergence of technologies in the GaN ecosystem are attributed to the ever-increasing demand for RF GaN devices.

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The Integrated RF device accounted for the larger market share in 2022 and a similar trend is during the forecast period. Integrated RF devices are made smaller and lighter as they do not require separate components for the gate driver, protection circuitry, and other auxiliary functions. This is important for applications where size and weight are critical, such as smartphones and drones. Also, these devices are manufactured at a lower cost as they require fewer components and assembly steps. These factors are attributed to the growth of the segment.

The less than 200 mm wafer size accounted for the largest market in 2022. The larger share is attributed as they are more cost-effective than larger wafer sizes, which makes them a more attractive option for many manufacturers. This is because the cost of producing a wafer decreases as the wafer size decreases. Also, the major factor can be the availability of wafers of larger size.

The telecom infrastructure segment accounted for the largest market share in 2022 and a similar trend is expected during the forecast period. The larger share is attributed to the growing demand for higher data transmission speeds in telecom networks, RF GaN allows for the deployment of advanced communication technologies like 5G and beyond. It enables the delivery of higher bandwidths, lower latency, and improved overall network performance.

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Asia Pacific held the largest share of the RF gallium nitride market in 2022 and the same trend is expected during the forecasted year. The growth in this region is attributed to growing telecom infrastructure with the growing adoption of 5G technology. The rollout of 5G networks in the Asia Pacific has been proceeding rapidly. 5G networks require advanced RF technologies to efficiently utilize the available spectrum and deliver high-speed, low-latency wireless communication. Rf GAN devices can enhance the performance of 5G networks by generating and optimizing RF signals for better coverage and capacity. RF GaN devices are used in 5G base stations and other 5G infrastructure.

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This release was published on openPR.