Gallium Nitride (GaN) Semiconductors for Power Electronics Market is projected to grow at a Compound Annual Growth Rate (CAGR) of approximately 23% during the forecast period 2025 to 2034.

Global Data Insights Consultancy announces the release of the report "Global Gallium Nitride (GaN) Semiconductors for Power Electronics Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2034”. This report provides a detailed overview of the market scenario, including a thorough analysis of the market size, sales quantity, average price, revenue, gross margin and market share. The report provides an in-depth analysis of the competitive landscape, manufacturer's profiles, regional and national market dynamics, and the opportunities and challenge that the market may be exposed to in the near future. Global Gallium Nitride (GaN) Semiconductors for Power Electronics Market research report is a comprehensive analysis of the current market trends, future prospects, and other pivotal factors that drive the market.

The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.

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Competitive Landscape: Gallium Nitride (GaN) Semiconductors for Power Electronics Market

Some of the major players in the Gallium Nitride (GaN) Semiconductors for Power Electronics Market are:

1.      Infineon Technologies AG

2.      Texas Instruments Incorporated

3.      STMicroelectronics N.V.

4.      NXP Semiconductors N.V.

5.      Qorvo, Inc.

6.      Wolfspeed, Inc.

7.      GaN Systems Inc.

8.      Efficient Power Conversion (EPC) Corporation

9.      ROHM Semiconductor

10.   ON Semiconductor Corporation

11.   Toshiba Corporation

12.   Panasonic Corporation

13.   Transphorm Inc.

14.   Microchip Technology Inc.

15.   Navitas Semiconductor

16.   VisIC Technologies

17.   NexGen Power Systems

18.   Dialog Semiconductor

19.   MACOM Technology Solutions Holdings, Inc.

20.   Raytheon Technologies Corporation

Recent Development:

September 11, 2024: Infineon Technologies AG announced a significant advancement by producing GaN chips on 300mm wafers, a world first. This development allows for 2.3 times more GaN chips per wafer compared to the standard 200mm wafers, substantially reducing production costs and positioning GaN chips to become more cost-competitive with silicon counterparts.

January 11, 2024: Renesas Electronics Corporation acquired Transphorm Inc., a GaN power semiconductor provider, for approximately USD 339 million. This strategic acquisition aims to enhance Renesas’ offerings in power semiconductors and capitalize on the growing demand for wide bandgap materials like GaN, essential for efficient power systems in electric vehicles, computing, renewable energy, and industrial applications.

April 2024: Transphorm, Inc., in collaboration with Weltrend Semiconductor Inc., introduced two new GaN SiPs: WT7162RHUG24C and WT7162RHUG24B. These SiPs integrate Weltrend’s high-frequency multi-mode Flyback PWM controller with Transphorm’s SuperGaN FETs, offering on-resistances of 480 mΩ and 150 mΩ respectively. This marks the establishment of the first SiP product family based on Transphorm’s SuperGaN platform.

March 2024: EPC introduced the EPC2361, a groundbreaking GaN field-effect transistor (FET) with the lowest on-resistance on the market at 100V, 1mΩ. This innovation promises to double the power density compared to EPC’s previous-generation products. The EPC2361 features a thermally enhanced QFN package with an exposed top, occupying a compact footprint of 3mm x 5mm.

Segmentation of Gallium Nitride (GaN) Semiconductors for Power Electronics Market

By Device Type Outlook (Revenue, USD Billion, 2020 – 2034)

GaN Power Discrete Devices

GaN Power ICs

GaN Modules

By Voltage Range Outlook (Revenue, USD Billion, 2020 – 2034)

Low Voltage (<200V)

Medium Voltage (200V–600V)

High Voltage (>600V)

By Wafer Size Outlook (Revenue, USD Billion, 2020 – 2034)

2-inch

4-inch

6-inch

8-inch

12-inch (emerging)

By Application Outlook (Revenue, USD Billion, 2020 – 2034)

Power Supplies

Motor Drives

Inverters

RF Power

Lighting Systems

Wireless Power Transfer

Power Conversion

By End-Use Industry Outlook (Revenue, USD Billion, 2020 – 2034)

Consumer Electronics

Automotive (EVs, Charging Infrastructure)

Industrial

Aerospace & Defense

Telecommunications (5G Infrastructure)

Renewable Energy (Solar Inverters, Wind Turbines)

Data Centers

By Material Type Outlook (Revenue, USD Billion, 2020 – 2034)

GaN-on-Silicon

GaN-on-Sapphire

GaN-on-SiC (Silicon Carbide)

GaN-on-GaN

Gallium Nitride (GaN) Semiconductors for Power Electronics Market Regional Analysis

North America (USA and Canada)

Europe (UK, Germany, France and rest of Europe)

Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

Middle East and Africa (GCC and Rest of the Middle East and Africa)

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Important Features of the reports:

- Detailed analysis of the Gallium Nitride (GaN) Semiconductors for Power Electronics Market

- Fluctuating market dynamics of the industry

- Detailed Gallium Nitride (GaN) Semiconductors for Power Electronics Market segmentation

- Historical, current and projected market size in terms of volume and value

- Recent industry trends and developments

- Competitive landscape of the Gallium Nitride (GaN) Semiconductors for Power Electronics Market

- Strategies of key players and product offerings

- Potential and niche segments/regions exhibiting promising growth

- A neutral perspective towards Gallium Nitride (GaN) Semiconductors for Power Electronics Market performance.

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