Press release
Wide Bandgap Semiconductors Market | Trends and Opportunities with Forecast up to 2027
Wide-bandgap semiconductors are semiconductor materials which allows devices to operate at much high temperatures, voltages, and frequencies considering that of traditional semiconductor materials such as gallium arsenide and silicon.
Wide-bandgap semiconductors are the main component used to make blue & green LEDs and lasers. This type of semiconductors is also used in certain radio frequency applications such as notably military radars. Further, the wide bandgap semiconductors are also categorized under next-generation semiconductors, and the featured properties make it suitable for the various range of roles
View Report –
https://www.futuremarketinsights.com/reports/wide-bandgap-semiconductors-market
Wide Bandgap Semiconductors Market: Drivers and Restraints
To extend the battery life and to improve the power efficiency in electronic and electrical gadgets such as portable media players, desktop computers, flat panel displays, notebooks, smartphones wide bandgap semiconductors are used. So increasing demand of above-mentioned goods is spurring the demand for wide bandgap semiconductors market during the forecast period.
To produce the ultraviolet LEDs with wavelengths ranging from 200–250 nm and to make blue LEDs and lasers wide bandgap semiconductors are used. So increasing demand of LED lights is influencing the growth of the wide bandgap semiconductors market. On the other hand, the high cost of manufacturing of wide bandgap semiconductor is the major challenge restraining the growth of the wide bandgap semiconductors market over the forthcoming years.
Wide Bandgap Semiconductors Market: Segmentation
Wide bandgap semiconductors market is segmented into product, application, and region.
By product, the wide bandgap semiconductors market can be segmented into diamond and silicon carbide (SiC), Aluminum nitride (AlN), Gallium nitride (GaN) and Boron nitride (BN).
By application, the wide bandgap semiconductors market can be segmented into Defense and Aerospace, Information and Communication Technology, Consumer Electronics, Automotive, and others
Regionally wide bandgap semiconductors can be segmented into Asia-Pacific excluding Japan, the Middle East and Africa, Western Europe, North America, Eastern Europe, Latin America, and Japan.
Wide Bandgap Semiconductors Market: Regional Outlook
North America dominated the wide bandgap semiconductors market was owing to increase in applied demand of wide bandgap semiconductors in automobile sectors. Therefore the demand for wide bandgap semiconductors in the respective region is expected to spur over the forecast period.
Asia Pacific countries such as India and China are expected to witness the fastest growth due to increasing demand of efficient semiconductors in various sectors such as automotive, computer, consumer goods and others. Further lucrative business opportunities in India such as “Make In India” is encouraging investors to invest in the country owing to avail benefits of supportive government regulation and easy availability of cheap labors are the other factors influencing the growth of the Wide Bandgap Semiconductors market in the India.
Request a sample of this report -
https://www.futuremarketinsights.com/reports/sample/rep-gb-4517
Wide Bandgap Semiconductors Market: Competition Landscape
The major player operating in the wide bandgap semiconductors market are Efficient Power Conversion Corporation, Mersen S.A., Everlight Electronics Co, Avogy, Inc., Toshiba Corporation, Fujitsu Limited, Renesas Electronics Corporation, GaN Systems Inc., NXP Semiconductors N.V., and Cree Inc.
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
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 Wide Bandgap Semiconductors Market | Trends and Opportunities with Forecast up to 2027 here
News-ID: 859455 • Views: …
More Releases from Future Market Insights
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,…
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry…
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033.
The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable…
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute…
More Releases for Wide
Open Wide: Dental Malpractice
In most cases when something thinks about dental care, the last thing they think about is the need for surgery. However, when surgery is necessary in order to adjust or resolve a dental issue, there is a possibility that the dentist may leave some part of his or her equipment in the jaw or mouth, if the dentist is not as attentive as he or she ought to be. This…
Software Defined Wide Area Network Market -
Wide area network (WAN) covers large geographical area compared to Local Area Network (LAN). Public network such as a telephone system is used by WAN for connectivity. Software defined WAN (SDWAN) opens options to enterprises in order to configure their network. Hardware devices working in the network are managed and controlled with the help of SDWAN.
PDF Brochure For Future Advancements@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11849
Enterprises worldwide strive to improve the operational efficiency. SDWAN…
World Wide Hybrid Electric Bus Market
Hybrid Electric Bus Market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Global Hybrid Electric Bus Market, provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Hybrid Electric Bus Market analysis is provided for the international Industry including development trends, competitive landscape analysis,…
Rutronik Becomes Europe-Wide Intel Distributor
Ispringen (Germany), February 23, 2016 – As of now, Rutronik Elektronische Bauelemente GmbH is an Embedded Distributor for Intel in the EMEA region. The distribution agreement covers the entire Intel product range, excluding the former Altera products.
Rutronik and Intel officially sealed their distribution agreement at the Embedded World event, making Rutronik an Embedded Distributor for Intel throughout the entire EMEA region. Rutronik as such primarily addresses the industrial market.…
Lambeth Wide Open
An annual independent open studios' event which will see studio artists open their doors to the public in November 2010.
Date: 27th – 28th November 2010
Time: 11.00 to 18.00 (Please, check opening times with independent studios as they might vary)
Locations: Borough-wide
‘Lambeth Wide Open’, Lambeth’s annual open artists’ studio fair led by independent artist studio groups from around the borough, will be opening their doors to welcome the public into their…
ESCHA stops short-time company-wide
Halver, 07.06.2010 - Good news for all ESCHA staff: short-time since February 2009 is over. All company divisions of the German connector- and housing specialist will be back to full time operations as of 1st June 2010.
"Time and again and during the short-time period we always assured our staff that we were determined to get back to business as usual as soon as possible", said Dietrich Turck, Managing Director of…
