GaN Power Devices Market Is Projected To Grow At A CAGR Of Over 29%, In Value Terms, During Forecast Period 2024 | TechSci Research
Global GaN Power Devices market is projected to grow at a CAGR of over 29%, in value terms, during 2014-2024. Growing requirement of GaN devices for commercial applications, increasing demand for GaN devices in wireless charging, rising R&D activities by major players in the market, rising number of new entrants the market and increase in government expenditure on electronic sector are some factors, that will propel the demand for GaN Power Devices over the next five years. APAC is anticipated to remain a strong contributor in the GaN Power Devices market in the forecast period, owing to strong awareness and use of the product. APAC is expected to register faster CAGR than any other region, backed by increased focus on R&D activities by the emerging players and developing economies.
Years considered for this report:
Historical Year : 2014 - 2017
Base Year : 2018
Estimated : 2019
Forecast : 2020 - 2024
Objective of the Study:
- To
analyze and forecast market size of the global GaN power devices market,
in terms of value & volume.
- To
define, classify and forecast the global GaN power devices on the basis of
device type, voltage range, application, end user and region.
- To
scrutinize the detailed market segmentation and forecast the market size,
in terms of value, on the basis of region by segmenting global GaN power
devices into five regions, namely, North America, South America, Europe,
Asia Pacific and MEA.
- To
identify tailwinds and headwinds for the global GaN power devices market.
- To
examine competitive developments such as expansions, new product launches,
contracts and mergers & acquisitions in the global GaN power devices
market.
- To
evaluate competitor and trends in the global GaN power devices market.
- To
strategically profile the leading players, which are involved in of GaN
power devices market globally.
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Some of the major players operating in the global GaN Power
Devices are Cree , Qorvo , MACOM , Microsemi Corporation , Analog
Devices, Efficient Power Conversion , Integra Technologies , Transphorm ,
Navitas Semiconductor , Texas Instruments , Sumitomo Electric, Northrop Grumman
Corporation , Qromis etc.
TechSci Research performed primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of GaN power devices manufactures globally. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research was able to include manufactures and
suppliers that could not be identified due to the limitations of secondary
research. TechSci Research analysed type, form, processing, application and
regional presence of all major GaN power devices manufacturers across the
globe.
TechSci Research calculated the market size for the global
GaN power devices using a bottom-up approach, where manufacturers’ value data
for different type of (power and RF power), GaN power devices was recorded as
well as forecast for the future years was made. TechSci Research sourced these
values from industry experts and company representatives, and externally
validated through analyzing historical
sales data of respective manufactures to arrive at the overall market size.
Various secondary sources such as company annual reports, white papers,
investor presentations and financial reports were also used by the TechSci
Research.
Key Target Audience:
- Global
GaN power devices manufacturers
- Research
organizations and consulting companies
- Organizations,
associations and alliances related to GaN power devices
- Government
bodies such as regulating authorities and policy makers.
- Industry
associations
- Market
research and consulting firms
The study is useful in providing answers to several critical
questions that are important for industry stakeholders, such as manufacturers,
suppliers and policy makers, which market segments should be targeted over
the GaN power devices coming years (next five years) in order to strategize
investments and capitalize on growth of the market.
Report Scope:
In this report, global GaN power devices have been segmented
into following categories, in addition to the industry trends which have also
been detailed below:
- Market,
by Device Type:
- Global
GaN Power Devices Market
- Power
- RF
Power
- Market,
by Volt Range:
- <200
Volt
- 200-600
Volt
- >600
Volt
- Market,
by Application:
- Power
Drivers
- Supply
and Inverter
- Radio
Frequency
- Market,
by End User:
- Telecommunication
- Industrial
- Automotive
- Renewables
- Consumer
& Enterprise
- Military
Defense
- Aerospace
& Medical
- Market,
by Geography:
- North
America
- United
States
- Canada
- Mexico
- Rest
of North America
- Europe
- United
Kingdom
- Germany
- France
- Italy
- Spain
- Rest
of Europe
- Asia
Pacific
- China
- Japan
- South
Korea
- Australia
- India
- Rest
of APAC
- South
America
- Brazil
- Argentina
- Colombia
- Rest
of South America
- MEA
- Saudi
Arabia
- UAE
- Israel
- South
Africa
- Rest
of MEA
Competitive Landscape
Competition Benchmarking: Benchmarking of
leading 10 players
Company Profiles: Detailed analysis of the major
companies present in the global GaN power devices market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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