GaN RF Devices Market Size to Grow by USD 1.19 billion, Driven by Increasing Use in Broadcasting Applications - Technavio
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- The GaN RF devices market will be dominated by APAC during the forecast period. The region is expected to account for 56% of the market's growth. This growth is attributed to factors such as increased defense and military expenditure for technologically advanced equipment. However, market growth in this region will be slower than the growth of the market in other regions. China, Japan, and South Korea are the key countries for the GaN RF devices market in APAC.
Get a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format
Ampleon Netherlands BV, Broadcom Inc., Fujitsu Ltd., GaN Systems Inc., Infineon Technologies AG, Integra Technologies Inc., MACOM Technology Solutions Holdings Inc., Microchip Technology Inc., Mitsubishi Electric Corp., Nippon Telegraph and Telephone Corp., Northrop Grumman Corp., NXP Semiconductors NV, Panasonic Corp., Qorvo Inc., Raytheon Technologies Corp., Renesas Electronics Corp., RFHIC Corp., STMicroelectronics International NV, Sumitomo Electric Industries Ltd., Texas Instruments Inc., Toshiba Corp., and United Monolithic Semiconductors Holding SAS are the main players in the market. The key offerings of some of these vendors are listed below:
Driver and Challenge
The increasing use in broadcasting applications is driving the growth of the market. GaN is used in commercial applications owing to its unique material properties. GaN devices provide a solution for simultaneous high power, high frequency, and high-temperature operations. Hence, several vendors are widening their product portfolio and offering GaN RF.
The high cost of raw materials and the production process is challenging the market growth. GaN RF has a high ASP due to the relative novelty of the GaN RF semiconductor components technology. Thus, it is difficult for vendors to achieve economies of scale with the sale of GaN RF devices.
GaN RF Devices Market Application Outlook (Revenue, USD bn, 2021-2026)
GaN RF Devices Market Material Outlook (Revenue, USD bn, 2021-2026)
GaN RF Devices Market Geography Outlook (Revenue, USD bn, 2021-2026)
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
RFID Market for Industrial Applications Market by Application and Geography - Forecast and Analysis 2022-2026
Radio Frequency Filters Market by Application, Technology, and Geography - Forecast and Analysis 2022-2026
Browse Information Technology Market Research Reports
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Market Segmentation by Material
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View original content to download multimedia:https://www.prnewswire.com/news-releases/gan-rf-devices-market-size-to-grow-by-usd-1-19-billion-driven-by-increasing-use-in-broadcasting-applications---technavio-301599084.html