GaN Semiconductor Devices Market to Increase by Magnificent CAGR of 48.34% - To Reach $2579 Million by 2022

Market Insights –“The Global GaN Semiconductors Market” is valued at USD 242.10 million in 2016 and is expected to reach a value of USD 2579 million by the end of 2022, growing at a projected CAGR of 48.34% during the forecast period of 2017 - 2022. This technology shall revolutionize the semiconductors industry owing to its compatibility with the development of high-power and high-frequency devices.

Market Dynamics:

GaN semiconductor devices find applications in LED's and magnetic semiconductors due to their low heat dissipation, even at high power. Their higher band gap allows for applications in optoelectronics and solar cells. Owing to their efficiency in managing high-frequency transmission, they are used in combat vehicles, wartime communication devices, and space technology.

Market Drivers:

• Growth of New Industries (Virtual Reality, Wireless Charging etc.)
• Increased Focus on Automation
• High-Cost and Heat Dissipation of Alternative ( GaAs) .. and Continued

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The market is restrained by troubles with manufacturing, as GaN dust is an irritant to human eyes, skin, and lungs. This increases the cost of protective gear used in the manufacturing units. The industry also faces stiff competition from SiC-based semiconductors, which are more compatible with present day Si-based technology.

Market Segmentation

The market segment by technology indicates that GaN on Si is the most preferred way of manufacturing owing to less quantity of GaN required on top of a Si plate. By devices, MOSFET is the most widely adapted technology, but HMET is catching up fast. The market is further segmented by industry and geography. The USA and South Korea are the biggest markets for GaN semiconductor devices in the world, as per present reports. Japan, Taiwan, and China are seen as emerging markets, with growth expected from India in the future.

Market Segmentation By Technology: GaN with SiC, GaN on sapphire, GaN on Si, GaN on AlN

Market Segmentation By Device: HEMT, MOSFET, MESFET, Diodes and Rectifiers

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Key Market Players : Notable companies in the GaN semiconductors industry mentioned in the report are:

1. Toshiba
2. Texas Instruments
3. Aixtron SE
4. Fujitsu Ltd.
5. International Rectifier Corporation
6. GaN Systems Incorporated
7. RF Micro Devices Corporation
8. ROHM Company Limited
9. Efficient Power Conservation Corporation
10. Freescale Semiconductor Corporation
11. Cree Incorporated
12. Nichia Corporation

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Key Deliverables in the Study:

• Market analysis for the global GaN semiconductor devices market, with region specific assessments and competition analysis on global and regional scales.
• Market definition along with the identification of key drivers and restraints.
• Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
• Extensively researched competitive landscape section with profiles of major companies along with their market.
• Identification and analysis of the macro and micro factors that affect the global GaN semiconductors devices market on both global and regional scales.
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
• A wide-ranging knowledge and insights into the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
• Insights into the major countries/regions in which this industry is growing and identifying the regions which are still untapped.

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Table of Contents:

1. Introduction
2. Overview
3. Market Dynamics by Drivers, Restaints, Opportunities and Industry Attractiveness
4. Market Dynamics by Technology, Device, Industry and Geography
5. Vendor Market Share
6. Competitive analysis - Company Profiles
7. Future of Global GaN Semiconductor devices

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