GaN Power Device Market

GaN Power Device Market Size, Share, Growth Analysis, By Device(GaN Power Discrete Devices, GaN Power ICs, GaN Power Module), By Application(Consumer Electronics, IT & Telecommunication, Automotive, Aerospace & Defense), By Region(North America, U.S., Canada, Mexico) - Industry Forecast 2024-2031


Report ID: UCMIG45N2079 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

GaN Power Device Market Insights

Market Overview:

Power semiconductor devices are used in electronic circuits to regulate the system's energy transfer. Most of these devices take the form of a switch; for example, a switched mode power supply (SMPS) is a type of power semiconductor device. GaN power devices are power devices made of Gallium Nitride (GaN), a semiconductor material. The GaN power device reduces the system's overall energy loss. Unlike conventional transistors, which require more chip space to reduce on-resistance, GaN devices are compact in size and thus provide high speed switching and overall system size reduction.

GaN Power Device Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Semiconductor Equipment by segment aggregation, the contribution of the Semiconductor Equipment in Semiconductors & Semiconductor Equipment and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for GaN Power Device was estimated to be valued at US$ XX Mn in 2021.

The GaN Power Device Market is estimated to grow at a CAGR of XX% by 2028.

The GaN Power Device Market is segmented on the basis of Device, Application, Region.

Based on region, the GaN Power Device Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the GaN Power Device Market are Efficient Power Conversion Corporation (EPC), Fujitsu Limited, GaN Systems, On Semiconductors, Panasonic Corporation, VisIC, Texas Instruments Inc., Toshiba Corporation,, Fujitsu Limited, Infineon Technologies AG, Taiwan Semiconductor Manufacturing Company.

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GaN Power Device Market

Report ID: UCMIG45N2079

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