Press Release

GaN Semiconductor Device Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

GaN

The “GaN Semiconductor Device Market” research report 2019-2024 delivers comprehensive information and valuable insights about the GaN Semiconductor Device industry. The information available in the GaN Semiconductor Device market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. GaN Semiconductor Device market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the GaN Semiconductor Device Market:

  • Toshiba Corporation
  • Panasonic Corporation
  • Cree Inc.
  • GaN Systems Inc.
  • Infineon Technologies AG
  • OSRAM GmbH
  • Efficient Power Conversion Corporation
  • NXP Semiconductors NV
  • Texas Instruments
  • NTT Advanced Technology Corporation

    Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/14244242

    Market Overview:

  • The GaN semiconductor device market valued at USD 833.73 million in 2018, and is expected to reach USD 2162.45 million by 2024, registering a CAGR of 17.21% over the forecast period of 2019-2024. Growing demand for radio frequency in the semiconductor market, and a prospering consumer electronics industry, particularly in LED-based lighting and displays and rise in electric vehicles, power delivery, and photovoltaic inverters are some of the major market driving factors for the GaN semiconductor devices market.
  • – The various benefits of GaN such as its cost effective nature and elimination of cooling requirements have propelled its reach as compared to its contemporaries like silicon and gallium arsenide. The increasing adoption is also reinforced by the increase in demand for energy-efficient semiconductor devices in the recent years.
  • – Increasing demand for smartphones, gaming devices, laptops, and TVs is expected to drive the GaN semiconductor devices market in the consumer electronics sector.
  • – With the introduction of the 5G standard, there is an increase in demand for high-power transistors and base stations, which is augmenting the demand for GaN power semiconductors in the ICT segment.

    Scope of the Report:

  • GaN is an emerging technology that shows promise to replace silicon MOSFETs. The various devices considered in the market studied are transistors, diodes, rectifier and diodes. The several end-user industries covered in the report are automotive, consumer electronics, aerospace and defense, medical and information & communication technology.

    Reasons for Buying GaN Semiconductor Device Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

    For More Information or Query or Customization Before Buying, Visit at – https://www.industryresearch.co/enquiry/pre-order-enquiry/14244242

    Key Market Trends:

    Consumer Electronic segment is expected to Hold Largest Market Share

    – With the decrease in the price of GaN semiconductor technologies owing to increasing innovations, the rate of adoption of GaN is expected to increase over the years.
    – The data consumption rate, number of applications installed on a device, faster processors, improved RAM/ROM, robust displays consume battery more than what earlier specifictaions would use. With such technological advancements the ability of batteries needs to increase. GaN semiconductors are revolutionizing the charging technologies in the existing electronic devices. The semiconductors are being employed in wireless charging, fast charging, etc.
    – Wider applications of GaN semiconductor device are ranging to other computer parts as well, for instance switching mode power supply, an efficient energy converter.
    – With 5G wireless communication on its way, the usage of electronic devices would increase mulifold, thereby growing demand for GaN semiconductors.

    Asia-Pacific Region is expected to witness the Fastest Growth Rate

    – Increasing production and export of consumer electronics and automobiles from China, Japan and India are driving the GaN market in Asia-Pacific.
    – Low labour and production costs in the region are essential factors fuelling the growth of the market.
    – China has 330,000 public charging points, compared with 67,500 in the U.S., according to MIT study. Shenzhen City has a 100 per cent electric fleet of 16,000 buses and is switching its 22,000 taxis to EVs. The resort island of Hainan plans for 100 per cent adoption of EVs by 2030.
    – On 7 March 2019, the Indian government officially announced a 15% import subsidy on lithium. This indicates the ease of electric vehicle production in the country. Policy negotiations between the Prime Minister’s Office and the Department of Heavy Industry (DHI), the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles scheme, was passed to make India ride on the path to electric mobility.
    – Various state governments in India, are pushing for mass adoption of electric buses. For instance, Mahindra and Tata are signing tenders with government bodies like Energy Efficiency Services Limited to provide EVs for government use.

    GaN Semiconductor Device Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

    Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/14244242

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of GaN Semiconductor Device Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Growth of New Industries (Virtual Reality, Wireless Charging etc.)
    4.3.2 Increasing Push towards Renewable Energy Forms
    4.4 Market Restraints
    4.4.1 Competition from Silicon Carbide Technology
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Power Semiconductor
    5.1.2 Opto-Semiconductor
    5.1.3 RF Semiconductor
    5.2 Devices
    5.2.1 Transistors
    5.2.2 Diodes
    5.2.3 Rectifier
    5.2.4 Power ICs
    5.3 End User Industry
    5.3.1 Automotive
    5.3.2 Consumer Electronics
    5.3.3 Aerospace & Defense
    5.3.4 Medical
    5.3.5 Information Communication & Technology
    5.3.6 Other End-User Industries
    5.4 Geography
    5.4.1 North America
    5.4.2 Europe
    5.4.3 Asia-Pacific
    5.4.4 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Toshiba Corporation
    6.1.2 Panasonic Corporation
    6.1.3 Cree Inc.
    6.1.4 GaN Systems Inc.
    6.1.5 Infineon Technologies AG
    6.1.6 OSRAM GmbH
    6.1.7 Efficient Power Conversion Corporation
    6.1.8 NXP Semiconductors NV
    6.1.9 Texas Instruments
    6.1.10 NTT Advanced Technology Corporation

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

    Our Other Reports:

    Global Powertrain Market Size 2019 | Emerging Trends, Industry Share, Future Demands, Market Potential, Traders, Regional Overview and SWOT Analysis till 2024

    Dish Washer Market 2019: Global Industry Trends, Future Growth, Regional Overview, Market Share, Size, Revenue, and Forecast Outlook till 2026

    Outdoor LED Displays Market Size and Share Analysis 2019: Report Contains R&D, Designing, Manufacturing and Forecast Model 2025

    Desalination Plants Market Size and Share Analysis 2019: Report Contains R&D, Designing, Manufacturing and Forecast Model 2025

    Tags
  • Alfredoo Epps

    Alfredo Epps is a finance expert heading the petroleum column. He joined the group last year as an associate writer. But his thorough research skills and ability to seamlessly putting numerical data into words helped him get a senior position. Apart from a column head, Alfredo is a dancer and a violinist.

    Related Articles

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Close