Power GaN Devices Market Witnessing Steady Growth with 25.6% CAGR Through 2031 | Infineon (GaN Systems), Navitas (GeneSiC), Innoscience

Los Angeles, United State: A newly published report titled "Global Power GaN Devices Market Insights, Forecast 2025 to 2031" by QY Research throws light on the industry dynamics and current and future trends that play a key role in determining the business expansion. The Power GaN Devices report also highlights the key driving factors and restraints that are impacting the growth. For a comprehensive understanding, the professionals have reviewed the regulatory scenario, market entry strategies, best industry practices, pricing strategy, technology landscape, and consumption, sales, and demand outlook.

The global Power GaN Devices market was valued at US$ 406 million in 2024 and is anticipated to reach US$ 2241 million by 2031, witnessing a CAGR of 25.6% during the forecast period 2025-2031.

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Power GaN (Gallium Nitride) devices are used in high-efficiency power electronics, especially where compact, high-performance systems are needed. They are increasingly popular in applications that require high power density, fast switching speeds, and high efficiency, such as in electric vehicles (EVs), data centers, consumer electronics, and renewable energy systems.

The GaN Power Devices include GaN HEMT Discretes, GaN SiP, and SoC, etc.

The global key manufacturers of GaN Power Devices include Infineon (GaN Systems), Navitas (GeneSiC), Innoscience, Power Integrations, Inc., Renesas Electronics (Transphorm), Efficient Power Conversion Corporation (EPC), etc. In 2024, the global top five players occupied for a share approximately 88% in terms of revenue.

2025 is shaping up as an exciting year for GaN, we are still early in the GaN revolution with huge opportunities still ahead in the short, medium, and long term.

Short term, GaN has just begun to penetrate the power supply market, and adoption is accelerating across a wide range of low-power applications, including several mentioned above-metering, appliances, TVs, automotive and residential networking.

In the medium term, we believe that the opportunity for GaN at high power levels is massive, nowhere more so than in AI data centers. While data center operators are eager for innovative power solutions for AI, adoption of GaN has been inhibited by the challenges of using discrete GaN in high reliability systems.

Longer term, we believe GaN can achieve power levels sufficient for EV drivetrains at much lower cost than silicon carbide, the incumbent technology in many EVs.

Featured Companies: -

Innoscience
Navitas (GeneSiC)
Efficient Power Conversion Corporation (EPC)
Power Integrations Inc.
Infineon (GaN Systems)
Renesas Electronics (Transphorm)
Texas Instruments
Rohm
STMicroelectronics
Nexperia
China Resources Microelectronics Limited
CorEnergy
Qingdao Cohenius Microelectronics
Hangzhou Silan Microelectronics
Runxin Microelectronics
GaNext
GaNPower
CloudSemi

Why This Report is a Must-Have -

> Historical Analysis (2020-2024) & Forecasts (2025-2031): Gain a clear understanding of market trends and future growth potential.

> Comprehensive Market Segmentation: Detailed breakdown by Type, Application, and Region to identify lucrative opportunities.

> Competitive Landscape: Insights into key players, their market share, and strategic developments like mergers, acquisitions, and expansion plans.

> Drivers & Restraints: Understand the factors shaping the market's growth and the challenges that could impact your strategy.

> Expert Opinions & Market Dynamics: Benefit from expert analysis to navigate market risks and capitalize on emerging trends.

Detailed of Power GaN Devices Market Segmentation: -

Segmentation By Type :-

Below 200V
200V to 600V
Above 600V

Segmentation By Application : -

Mobile and Consumer
Telecom and Infrastructure
Automotive and Mobility
Industrial
Defense & Aerospace
Others

Power GaN Devices Market Regional Insights -

United States

-Canada
-Mexico
-Brazil

APAC

-Japan
-South Korea
-China
-ASEAN
-India

EMEA

-Europe
-Middle East
-Africa

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What You'll Gain from This Report -

> In-Depth Regional Analysis: Explore market potential across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

> Competitive Intelligence: Profiles of key players, including their sales, revenue, product portfolios, and recent developments.

> Market Dynamics: Understand the latest trends, driving factors, and risks impacting the industry.

> Actionable Insights: Make informed business decisions with data-driven strategies and forecasts.

How Can the Research Study Help your Business?

(1) The information presented in the Power GaN Devices report helps your decision makers to become prudent and make the best business choices.

(2) The report enables you to see the future of the global Power GaN Devices market and accordingly take decisions that will be in the best interest of your business.

(3) It offers you a forward-looking perspective of the global Power GaN Devices market drivers and how you can secure significant market gains in the near future.

(4) It provides SWOT analysis of the global Power GaN Devices market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.

(5) It also assesses the changing competitive dynamics of the global Power GaN Devices market using pin-point evaluation.

This Power GaN Devices Market Research Report Contains Answers to your following Questions -

(A) Which Manufacturing Technology is Used for Power GaN Devices? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?

(B) Who Are the Global Key Players in This Power GaN Devices Market? What's Their Company Profile, Their Product Information, and Contact Information?

(C) What Was Global Market Status of Power GaN Devices Market? What Was Capacity, Production Value, Cost and PROFIT of Power GaN Devices Market?

(D) What Is Current Market Status of Power GaN Devices Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Power GaN Devices Market by Taking Applications and Types in Consideration?

(E) What Are Projections of Global Power GaN Devices Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

(F) What Is Power GaN Devices Market Chain Analysis by Upstream Raw Materials and Downstream Industry?

(G) What Is Economic Impact On Power GaN Devices Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?

(H) What Are Market Dynamics of Power GaN Devices Market? What Are Challenges and Opportunities?

(I) What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Power GaN Devices Industry?

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Power GaN Devices manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Sales, revenue of Power GaN Devices in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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