Press release
Latest Report on Gallium Nitride Semiconductor Devices Market to Attain US$ 12,187.4 Million by 2032, Showing a 23.7% CAGR
๐๐ข๐ญ๐ก ๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ ๐จ๐ 23.7%, ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ ๐๐ฅ๐ฅ๐ข๐ฎ๐ฆ ๐ง๐ข๐ญ๐ซ๐ข๐๐ ๐ฌ๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก ๐ ๐ฏ๐๐ฅ๐ฎ๐ ๐จ๐ ๐จ๐ฏ๐๐ซ ๐๐๐ 12,187.4 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2032 ๐๐ซ๐จ๐ฆ ๐๐ง ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐๐๐ 1,379.2 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2022.Gallium nitride is an extremely rigid, mechanically secure, binary III/V instant bandgap semiconductor. With elevated malfunction robustness, elevated thermal conductance, and lesser nonaversion power, devices dependent on GaN notably exceed silicon-dependent gadgets. Gallium nitride crystals can be expanded on an assortment of substrates involving sapphire, silicon carbide, and silicon. By developing a GaN epilayer on the apex of silicon, the prevailing silicon manufacture framework can be utilized abolishing the requirement for expensive restricted production areas and manipulating willingly obtainable substantial diameter silicon wafers at economical costs.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/gan-gallium-nitride-semiconductor-devices-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ:
Many critical elements are thrusting the global market, which involves an escalating swift rising in power electronics, the rise in vast bandgap technology acquisition covering a broad gamut of applications, the move from traditional silicon-dependent technology to the course of diminishing printed circuit board wafer magnitude or lessening in electronics and progressive gallium nitride dependent technology.
The devices provide structured presentation in escalated temperature surroundings and are appropriate for intricate circuits. They have triumphant applications in LEDs, photonics, and RF constituents.
๐๐๐๐๐ข๐ง๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The firms generally hold the largest market share and command industry trends. A list of key companies profiled in the gallium nitride semiconductor devices market are:
โข Efficient Power Conversion Corporation
โข Fujitsu Ltd.
โข ST Micro Electronics
โข MACOM Technology Solutions
โข GaN Systems Inc.
โข Qorvo Inc.
โข Infineon Technologies AG
โข Cree Inc.
โข Nexgen Power Systems
โข Texas Instruments Incorporated; NXP Semiconductor
โข Toshiba Corporation
โข Sumitomo Electric Industries
โข Analog Devices Inc.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/gan-gallium-nitride-semiconductor-devices-market/request-for-discount-pricing
๐๐๐ฅ๐ฅ๐ข๐ฎ๐ฆ ๐๐ข๐ญ๐ซ๐ข๐๐ ๐๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข In 2022, the Opto-semiconductors segment accounted for the highest market share due to their superior performance to traditional technologies like silicon. Historically, the opto-semiconductors segment has witnessed strong growth, driven by the increasing adoption of LED lighting solutions in the residential, commercial, and automotive sectors. The higher efficiency and better color rendering of GaN-based LEDs have played a crucial role in their market dominance.
โข In 2022, the Transistors segment held the largest market share due to its exceptional performance characteristics. GaN transistors have applications in various fields, including power electronics, radio frequency (RF) amplification, and wireless communications. Their ability to operate at higher voltages and frequencies than traditional silicon-based transistors has been a key factor driving their market adoption.
โข In 2022, North America dominated the semiconductor industry, including developing and adopting Gallium Nitride Semiconductor Devices. It is due to companies specializing in GaN technology, robust research and development activities, a supportive regulatory environment, and strong demand from the automotive, telecommunications, and defense industries.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
โข By Product:
o GaN Radio Frequency Devices
o Opto-semiconductors
o Power Semiconductors
โข By Component
o Transistor
o Diode
o Rectifier
o Power IC
o Others
โข By Wafer Size
o 2-inch
o 4-inch
o 6-inch
o 8-inch
โข By End-Use
o Aerospace & Defense
o Automotive
o Consumer Electronics
o Healthcare
o Information & Communication Technology
o Industrial & Power
o Others
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/gan-gallium-nitride-semiconductor-devices-market
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
The regions covered in the report are Europe, North America, Asia Pacific, Middle East & Africa, and Latin America. Also, according to the study, North America held the largest gallium nitride semiconductor devices market share. This is due to notable funding made in technologies and extensive approval of progressive electronics covering many industry verticals in the region. Moreover, due to the growing demand for consumer electronics driven by speedy urbanization, the Asia Pacific region is anticipated to expand at the fastest rate during the research period, with an optimum compound annual growth rate.
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐ข๐ฅ๐ข๐๐จ๐ง ๐จ๐ง ๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/silicon-on-insulator-market
๐๐ข๐ซ๐๐ฎ๐ข๐ญ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/circuit-protection-market
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ฅ๐จ๐ฐ๐๐ซ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/north-america-blower-market
๐๐๐ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/led-lighting-market
๐๐จ๐ง๐ญ๐๐๐ญ:
๐๐ข๐ค๐ก๐ข๐ฅ ๐
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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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