GaN Semiconductor Device Market 2019 – Comprehensive Analysis by Industry Growth Rate, Size, Share, Price and Revenue Forecast to 2024

GaN Semiconductor Device

The “GaN Semiconductor Device Market” report 2019 provides a comprehensive analysis of GaN Semiconductor Device industry by types, applications, key players and regions. It shows the GaN Semiconductor Device market 2019-2024 by production, consumption, supply, gross margin, the revenue of the industry. Additionally, the GaN Semiconductor Device market report covers the details of market size, share, and growth rate of the market with respect to regions.

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Competitor Analysis:

GaN Semiconductor Device market includes the following leading manufacturers on the basis of sales, revenue, price, and gross margin.

  • 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

    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.

    GaN Semiconductor Device market report presents in-depth analysis regarding the development, current trends, industry policies and regulations implemented in each of the geographical region. It includes analysis of upstream raw materials, downstream demand, and current market dynamics. Furthermore, the GaN Semiconductor Device market report provides in-depth insight of GaN Semiconductor Device industry during 2019-2024.

    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.

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    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.

    Reasons to Buy GaN Semiconductor Device Market Report:

    • Analysis of GaN Semiconductor Device market including revenues, future growth, market outlook
    • Historical data and forecast of GaN Semiconductor Device industry
    • GaN Semiconductor Device market report covers regional analysis including growth estimates
    • To analyze the end user markets including growth estimates
    • Profiles on laboratory balance including products, sales/revenues, and market position
    • Includes GaN Semiconductor Device market structure, market drivers, opportunities, and restraints.

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    GaN Semiconductor Device Market Report Covers the Following Questions:

    • What trends, challenges and barriers are influencing its growth?
    • What is the and regional outlook for GaN Semiconductor Device market?
    • Who are the key players, and what are their strategies?
    • What is the status of GaN Semiconductor Device status worldwide?
    • What are the GaN Semiconductor Device market challenges to market growth? 
    • What are the GaN Semiconductor Device market challenges to market growth? 
    • What are the types and applications of GaN Semiconductor Device?
    • What is the market share of each type and application? 

    Detailed TOC of GaN Semiconductor Device Market 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    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

    5.1 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

    6.1 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



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