Gallium Nitride Semiconductor Devices Market Growth, Trends, Analysis and Forecast to 2027

GaN semiconductor devices market size was valued at USD 1.44 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 19% from 2021 to 2027.

A growing number of electronic products, technological developments, an increasing number of applications of gallium nitride in semiconductor devices are some of the major factors contributing to market growth. With the advent of nanoelectronics devices, the market is estimated to generate opportunities in the nanotechnology sector. IoT devices are one such instance that is estimated to create an opportunistic market. IoT devices are increasing rapidly with the evolution of technology which as a result augmenting the growth rate for global gallium nitride semiconductor devices market.

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Global gallium nitride semiconductor devices market comprises of various companies such as ALLOS Semiconductor GmbH, Qorvo, Inc., Epigallium nitride nv, Aixtron SE, Toshiba Corp., Texas Instruments Inc., Transphorm, Inc., Mersen S.A., gallium nitride Systems, Inc., and others.

Product Outlook

  • GaN Radio Frequency Devices
  • Opto-semiconductors
  • Power Semiconductors

Component Outlook

  • Transistor
  • Diode
  • Rectifier
  • Power IC
  • Others

A full report of Global Gallium Nitride Semiconductor Devices Market is available at: https://www.orionmarketreports.com/gallium-nitride-semiconductor-devices-market/11470/


Scope of the Report

The research study analyzes the global Gallium Nitride Semiconductor Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Gallium Nitride Semiconductor Devices Market Report

1. What was the Gallium Nitride Semiconductor Devices Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).

  1. What will be the CAGR of Gallium Nitride Semiconductor Devices Market during the forecast period (2021-2027)?
    3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
    4. Which manufacturer/vendor/players in the Gallium Nitride Semiconductor Devices Market was the market leader in 2018?
    5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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