Gallium Nitride (GaN) Semiconductor Devices Market to grow by USD 5.26 billion from 2022 to 2027 | Efficient Power Conversion Corp., Fujitsu Ltd., Infineon Technologies AG, and more among key companies - Technavio
NEW YORK, Nov. 24, 2023 /PRNewswire/ -- The gallium nitride (GaN) semiconductor devices market is expected to grow by USD 5.26 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 24.5% during the forecast period, according to Technavio. The increase in demand for GaN semiconductor devices is notably driving the gallium nitride (GaN) semiconductor devices market. However, factors such as high material and fabrication costs may impede market growth. The market is segmented by product (opto semiconductors and power semiconductors), end-user (defense and aerospace, consumer electronics, ICT, automotive, and industrial and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the gallium nitride (GaN) semiconductor devices market including Efficient Power Conversion Corp., Fujitsu Ltd., Infineon Technologies AG, MACOM Technology Solutions Holdings Inc., Microchip Technology Inc., Mitsubishi Electric Corp., Nexgen Power Systems Inc., Nichia Corp., Nippon Telegraph and Telephone Corp., Northrop Grumman Systems Corp., NXP Semiconductors NV, OSRAM GmbH, Panasonic Holdings Corp., Texas Instruments Inc., Toshiba Corp., Wolfspeed Inc., Qorvo Inc., and Transphorm Inc.
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Gallium Nitride (GaN) Semiconductor Devices Market 2023-2027: Company Analysis
Fujitsu Ltd. - The company offers a high gallium nitride GaN called a high electron mobility transistor HEMT power amplifier.
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Gallium Nitride (GaN) Semiconductor Devices Market 2023-2027: Segmentation
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View Free PDF Sample Report
Gallium Nitride (GaN) Semiconductor Devices Market 2023-2027: Key Highlights
The semiconductor materials market size is estimated to grow by USD 19.25 billion at a CAGR of 4.8% between 2022 and 2027.
The silicon carbide market for semiconductor application market size is estimated to grow by USD 3,336.31 million at a CAGR of 22.1% between 2022 and 2027.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Geography
Drivers, Challenges, & Trends
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