Gallium Nitride Market Trends, Forecast 2027

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Gallium Nitride Market Size Worth USD 320.4
Million by 2027
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Growing demand for gallium nitride devices in
consumer electronics is one of the significant
factors influencing the market growth.
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Market Summary
The global gallium nitride market is projected to
be worth USD 320.4 Million by 2027, according to
a current analysis by Emergen Research. The
gallium nitride market is observing high demand
attributed to the growing demand for gallium
nitride devices in consumer electronics. Gallium
nitride is garnering significant traction in the
market and is replacing silicon for use in fast
chargers for laptops and smart devices. In the
last couple of years, the screen and battery size
of smartphones have witnessed a significant
increase, which, in turn, is causative of
increased power consumption for smartphones,
thereby pushing the market for fast chargers. 
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Market Summary
Some Key Highlights From the Report In September
2019, Mitsubishi Electric Corporation declared
the development of GaN-HEMT in a multi-cell
structure in partnership with the National
Institute of Advanced Industrial Science and
Technology (AIST) and Research Center for
Ubiquitous MEMS and Micro Engineering. The
transistor is attached directly to a high thermal
conductivity single-crystal heat-dissipating
diamond substrate. Gallium nitride finds
application in smaller electronics,
high-performance EVs and is the primary material
for modern-day LED lighting solutions. Gallium
nitride is of immense significance in
photovoltaic cells by enabling them to realize
much higher power density than the silicon-based
photovoltaic cell. Key participants include DOWA
Electronics Materials Co. Ltd., Cree Inc.,
American Elements, Furukawa Co. Ltd., Mitsubishi
Chemical Corporation, Kyma Technologies Inc.,
Soitec, IQE PLC, Infineon Technologies, and
Nitride Semiconductors Co. Ltd., among
others. Request Free Sample Copy_at_
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Market Summary
Emergen Research has segmented the global gallium
nitride market on the basis of substrate type,
distribution channel, application, and
region Substrate Type Outlook (Revenue, USD
Billion 2017-2027) GaN-on-SiC GaN-on-Si GaN-on-Sa
pphire Others Distribution Channel Outlook
(Revenue, USD Billion 2017-2027) Online Offline
Application Outlook (Revenue, USD Billion
2017-2027) Radio Frequency Devices Wireless
Infrastructure Satellite Communication Military
Defense Others
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Market Summary
Power Electronics Power Supply Electric
Vehicle LiDAR Servers Data Centers Wireless
Power Solar Photovoltaic Technology Envelope
Tracking Others Optoelectronics LED LASER Others
Read more _at_ https//www.emergenresearch.com/indust
ry-report/gallium-nitride-market
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Parameter Details
Market Size Estimation Period 2022-2030
Base Year Considered 2021
Historical Data 2019-2020
Forecast Period 2022-2030
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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