Gallium Nitride Semiconductor Devices Market Size, Share, and Growth Analysis

Global Gallium Nitride Semiconductor Devices Market By Component (Power ICs, Rectifiers), By Application (Radio Frequency (RF), Supplies & Inverters), By Wafer Size (4-inch, 6-inch), By Region -Industry Forecast 2025-2032


Report ID: SQMIG45I2238 | Region: Global | Published Date: January, 2025
Pages: 197 |Tables: 152 |Figures: 72

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Gallium Nitride Semiconductor Devices Market Insights

Global Gallium Nitride Semiconductor Devices Market size was valued at USD 2.6 Billion in 2023 and is poised to grow from USD 3.29 Billion in 2024 to USD 21.41 Billion by 2032, growing at a CAGR of 26.4% during the forecast period (2025-2032).

Surging demand for electronics and electric devices and rising emphasis on use of high-performance electronics are slated to boost the sales of gallium nitride (GaN) semiconductor devices over the coming years. Rapidly increasing popularity and sales of electric vehicles around the world are also estimated to bolster the demand for gallium nitride semiconductor devices going forward. High investments in GaN semiconductor R&D around the world and surging demand for power semiconductors are slated to present new opportunities for gallium nitride semiconductor device companies in the future. High emphasis on energy efficiency, rising use of GaN semiconductors in renewable energy applications, and rapid expansion of consumer electronics industry are other factors contributing to the global gallium nitride semiconductor devices market growth. However, limited substrate availability, high initial costs of production and acquisition, competition from other silicon-based technologies, and lack of standardization are estimated to be key constraints for gallium nitride semiconductor device companies across the forecast period and beyond.

Market snapshot - (2025-2032)

Global Market Size

USD 2.6 Billion

Largest Segment

Power ICs

Fastest Growth

Rectifiers

Growth Rate

26.4% CAGR

Global Gallium Nitride Semiconductor Devices Market ($ Bn)
Country Share for North America Region (%)

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Gallium Nitride Semiconductor Devices Market Segments Analysis

Global gallium nitride semiconductor devices Market is segmented by component, product, application, end-use industry, wafer size, and region. Based on component, the market is segmented into d power ICs, transistors, rectifiers, diodes, and others. Based on product, the market is segmented into GaN radio frequency devices, opto-semiconductors, power semiconductors. Based on application, the market is segmented into lighting & lasers, power drives, supplies and inverters, and radio frequency (RF). In terms of wafer size, the market is segmented into 2-inch, 4-inch, 6-inch, and 8-inch. Based on end-user industry, the market is segmented into automotive, consumer electronics, defense & aerospace, healthcare, industrial & power, information & communication technology, and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and the Middle East & and Africa.

Analysis by Component

Power ICs (integrated circuits) are projected to account for the highest share of the global gallium nitride semiconductor devices market forecast. Surging demand for energy efficient yet high-performance electronics is expected to help boost sales of power ICs in the future. Extensive use of GaN-based power ICs in electric vehicles, telecommunications, IT, and other applications are also slated to help bolster the dominance of this segment. Rising emphasis on R&D of compact and miniaturized power ICs is also anticipated to present new opportunities for gallium nitride semiconductor device companies focusing on this segment over the coming years.

However, the demand for rectifiers is slated to rise at an impressive pace across the study period. Growing demand for efficient power conversion technologies across multiple industry verticals is expected to help generate new opportunities via this segment. GaN-based rectifiers offer lower conduction and switching losses, which make them highly preferred for efficient energy conversion use in automotive, consumer electronics, and telecommunications industry verticals. Surging demand for renewable energy and the need for electronics capable of offering faster switching speeds at higher voltages are also expected to bolster the sales of GaN-based rectifiers over the coming years.

Analysis by Application

Radio frequency (RF) segment is forecasted to account for a prominent chunk of the global gallium nitride semiconductor devices market share in the future. Surging adoption of radio frequency devices across multiple industry verticals and advancements in RF technologies are expected to cement the dominance of this segment going forward. Higher power density, enhanced efficiency, and improved thermal management capabilities offered by gallium nitride semiconductor devices makes them highly suitable for radio frequency applications. Reduced system design complexity offered by gallium nitride semiconductor devices is also a key factor promoting their adoption in RF devices and technologies in the long run.

Meanwhile, the demand for gallium nitride semiconductor devices in supplies and inverters is slated to rise at a robust pace across the study period and beyond. Extensive use of gallium nitride semiconductor devices in electric vehicles and renewable energy systems is projected to help make this segment highly opportune in the future. Surging demand for cost-effective power conversion and management solutions in renewable energy industry are also estimated to favor the global gallium nitride semiconductor devices industry development via this segment. The Asia Pacific and Europe regions are slated to emerge as highly opportune markets for gallium nitride semiconductor device suppliers targeting this segment through 2032 and beyond.

Global Gallium Nitride Semiconductor Devices Market By Component

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Gallium Nitride Semiconductor Devices Market Regional Insights

North America is estimated to account for a sizeable share of the global gallium nitride semiconductor devices industry going forward. The presence of a developed technological infrastructure, high investments in semiconductor technology R&D, and growing demand for energy efficient electronics are slated to bolster the dominance of this region in the future. Increasing emphasis of organizations to commercialize novel GaN semiconductor technologies in this region are also expected to create new opportunities for market players over the coming years. The United States is projected to lead revenue generation followed by Canada. Efforts of governments in this region to improve their semiconductor manufacturing capacity to reduce reliance on imports from Asia is also expected to favor the sales of gallium nitride semiconductor devices.

The Asia Pacific region is slated to emerge as the fastest expanding market for gallium nitride semiconductor devices companies across the study period. The presence of leading semiconductor manufacturers, availability of a robust semiconductor manufacturing infrastructure, and surging sales of consumer electronics are forecasted to bolster the demand for gallium nitride semiconductor devices in this region going forward. China and Japan are anticipated to be the leading markets in the Asia Pacific region followed by Taiwan and India through 2032. Supportive government initiatives coupled with high demand for efficient electronics are also estimated to favor the adoption of gallium nitride semiconductor devices in this region going forward.

Global Gallium Nitride Semiconductor Devices Market By Region
  • Largest
  • Fastest

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Gallium Nitride Semiconductor Devices Market Dynamics

Drivers

High Demand from Electric Vehicles

  • Electric vehicles are gaining massive popularity on a global level as emphasis on emission reduction increases. Extensive use of gallium nitride semiconductor devices in these electric vehicle components such as power converters, inverters, and chargers is also expected to favor the global gallium nitride semiconductor devices market outlook in the long run.

Surge in Demand for High-performance Electronics

  • Rapidly surging demand for high-performance electronics in almost all industry verticals is projected to primarily drive the sales of gallium nitride semiconductor devices over the coming years. Superior efficiency, high breakdown voltage, and faster switching speeds offered by gallium nitride semiconductor devices as compared to traditional semiconductors make them highly suitable for high-performance applications.

Restraints

Limited Availability of Substrates

  • Gallium nitride semiconductor device manufacturing is highly dependent on availability of substrate materials such as silicon carbide (SiC) or sapphire. However, these raw materials are scarce in availability and often have high costs. All of these factors result in disruptions in the demand and supply chain for gallium nitride semiconductor devices.

Competition from Silicon-based Semiconductors

  • Silicon-based semiconductor technologies have been around much longer than gallium nitride semiconductors, which is why they have an established infrastructure and are much cheaper to produce. Gallium nitride semiconductor devices face stiff competition from these established silicon-based semiconductor technologies thereby resulting in slowed market development as well.

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Gallium Nitride Semiconductor Devices Market Competitive Landscape

Gallium nitride semiconductor device suppliers should focus on ensuring proper supply of raw materials to avoid disruptions to supply chains. Investing in R&D of novel GaN semiconductor technologies is also a key opportunity for gallium nitride semiconductor device companies to explore in the future. Collaborations and new product launches are also expected to be popular strategies for companies as per this global gallium nitride semiconductor devices market analysis.

Top Players in Gallium Nitride Semiconductor Devices Market

  • Fujitsu Ltd.
  • Efficient Power Conversion Corporation
  • Transphorm, Inc
  • Osram Opto-Semiconductors
  • Infineon Technologies AG
  • NXP Semiconductors
  • Qorvo Inc.
  • Panasonic Corporation
  • Cree Inc.
  • Texas Instruments Incorporated
  • ROHM Company Ltd.
  • Toshiba Corporation
  • GaN Systems
  • NTT Advanced Technology Corporation

Recent Developments

  • In December 2024, ROHM, a leading semiconductor manufacturer joined hands with TSMC through a strategic partnership agreement for the development of gallium nitride (GaN) power devices. The partnership is expected to focus on developing products for electric vehicle applications by leveraging semiconductor expertise from both companies.
  • In November 2024, Infineon, a leading German semiconductor manufacturer announced the launch of a new range of GaN power discretes. The launch of CoolGaN™ Transistors 650 V G5 helped Infineon strengthen its gallium nitride semiconductor device portfolio and also expand its sales potential as well.
  • In November 2024, Power Integrations, a renowned electric component manufacturing organization announced the launch of a new 1700 V GaN Switcher IC. The product is an addition to the company’s InnoMux™-2 family and capable of delivering efficiency of up to 90% from a 1000 VDC bus.

Gallium Nitride Semiconductor Devices Key Market Trends

Gallium Nitride Semiconductor Devices Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, surging demand for high-performance electronics and rising sales of electric vehicles are projected to uplift the demand for gallium nitride semiconductor devices. However, limited availability of substrates and competition from silicon-based technologies are forecasted to impede gallium nitride semiconductor devices market growth in the future. North America is estimated to spearhead the global gallium nitride semiconductor device sales outlook owing to rising demand for high-performance and energy-efficient electronics. Gallium nitride semiconductor device companies can explore renewable energy applications and miniaturize their offerings to stand out in the global gallium nitride semiconductor devices industry going forward.

Report Metric Details
Market size value in 2023 USD 2.6 Billion
Market size value in 2032 USD 21.41 Billion
Growth Rate 26.4%
Base year 2024
Forecast period (2025-2032)
Forecast Unit (Value) USD Billion
Segments covered
  • Component
    • Power ICs, Transistors, Rectifiers, Diodes, Others
  • Product
    • GaN Radio Frequency Devices, Opto-semiconductors, Power Semiconductors
  • Application
    • Lighting & Lasers, Power Drives, Supplies and Inverters, Radio Frequency (RF)
  • Wafer Size
    • 2-inch, 4-inch, 6-inch, 8-inch
  • End-use Industry
    • Automotive, Consumer Electronics, Defense & Aerospace, Healthcare, Industrial & Power, Information & Communication Technology, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Fujitsu Ltd.
  • Efficient Power Conversion Corporation
  • Transphorm, Inc
  • Osram Opto-Semiconductors
  • Infineon Technologies AG
  • NXP Semiconductors
  • Qorvo Inc.
  • Panasonic Corporation
  • Cree Inc.
  • Texas Instruments Incorporated
  • ROHM Company Ltd.
  • Toshiba Corporation
  • GaN Systems
  • NTT Advanced Technology Corporation
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Gallium Nitride Semiconductor Devices Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Gallium Nitride Semiconductor Devices Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Gallium Nitride Semiconductor Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Gallium Nitride Semiconductor Devices Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Gallium Nitride Semiconductor Devices Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Gallium Nitride Semiconductor Devices Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Gallium Nitride Semiconductor Devices Market size was valued at USD 2.6 Billion in 2023 and is poised to grow from USD 3.29 Billion in 2024 to USD 21.41 Billion by 2032, growing at a CAGR of 26.4% during the forecast period (2025-2032).

Gallium nitride semiconductor device suppliers should focus on ensuring proper supply of raw materials to avoid disruptions to supply chains. Investing in R&D of novel GaN semiconductor technologies is also a key opportunity for gallium nitride semiconductor device companies to explore in the future. Collaborations and new product launches are also expected to be popular strategies for companies as per this global gallium nitride semiconductor devices market analysis. 'Fujitsu Ltd.', 'Efficient Power Conversion Corporation', 'Transphorm, Inc', 'Osram Opto-Semiconductors', 'Infineon Technologies AG', 'NXP Semiconductors', 'Qorvo Inc.', 'Panasonic Corporation', 'Cree Inc.', 'Texas Instruments Incorporated', 'ROHM Company Ltd.', 'Toshiba Corporation', 'GaN Systems', 'NTT Advanced Technology Corporation'

Electric vehicles are gaining massive popularity on a global level as emphasis on emission reduction increases. Extensive use of gallium nitride semiconductor devices in these electric vehicle components such as power converters, inverters, and chargers is also expected to favor the global gallium nitride semiconductor devices market outlook in the long run.

Miniaturization of Power Electronics: Gallium nitride semiconductor device companies should focus on the power electronics miniaturization trend to create new business scope in the long run. High demand for compact and lightweight devices around the world is forecasted to bolster the sales of miniaturized gallium nitride semiconductor devices going forward. Substantial investments in R&D would be required to achieve the desired miniaturization.

North America is estimated to account for a sizeable share of the global gallium nitride semiconductor devices industry going forward. The presence of a developed technological infrastructure, high investments in semiconductor technology R&D, and growing demand for energy efficient electronics are slated to bolster the dominance of this region in the future. Increasing emphasis of organizations to commercialize novel GaN semiconductor technologies in this region are also expected to create new opportunities for market players over the coming years. The United States is projected to lead revenue generation followed by Canada. Efforts of governments in this region to improve their semiconductor manufacturing capacity to reduce reliance on imports from Asia is also expected to favor the sales of gallium nitride semiconductor devices.

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Gallium Nitride Semiconductor Devices Market

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