Market Research and Statistics

Gallium Nitride (GaN) Semiconductor Devices Market Size to reach $2.8 billion by 2023

Press release   •   Mar 09, 2018 01:31 EST

According to a new report Global Gallium Nitride (GaN) Semiconductor Devices Market, published by KBV research, the Global Gallium Nitride (GaN) Semiconductor Devices Market size is expected to reach $2.8 billion by 2023, rising at a market growth of 16% CAGR during the forecast period.

The North America market holds the largest market share in Global Opto Gallium Nitride Semiconductor DevicesMarket by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 13.3 % during the forecast period. The Europe market is expected to witness a CAGR of 17.2% during (2017 – 2023) in Global Power Gallium Nitride Semiconductor Devices Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 19.7% during (2017 – 2023) in Global GaN Radio Frequency Gallium Nitride Semiconductor Devices Market.

The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. Based on the Analysis presented in the Cardinal matrix, Texas Instruments Inc. and Toshiba Corporation are the forerunners in the Gallium Nitride (GaN) Semiconductor Devices market.

KBV Cardinal Matrix – Gallium Nitride (GaN) Semiconductor Devices Market

Gallium Nitride (GaN) Semiconductor Devices Market Size

The 4 inch market holds the largest market share in Global Gallium Nitride Semiconductor Devices Market by Wafer Size in 2016, and would continue to be a dominant market till 2023. The 8 inch market is expected to witness a CAGR of 16.9% during (2017 – 2023). Additionally, the 6 inch market would garner market size of $502.1 million by 2023.

The Information & Communication Technology market holds the largest market share in Global Gallium Nitride Semiconductor Devices Market by Application in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 14.4 % during the forecast period. The Automotive market is expected to witness a CAGR of 15.5% during (2017 – 2023).

Full Report: https://kbvresearch.com/gallium-nitride-gan-semiconductor-devices-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Gallium Nitride (GaN) Semiconductor Devices Market have been discussed in the report with the competitive analysis and elaborated company profiles of NextGen Power Systems, Inc., Cree, Inc. (Wolfspeed), Efficient Power Conversion Corporation, Inc., GaN Systems, Inc., Toshiba Corporation,Fujitsu Limited,NXP Semiconductors N.V., Texas Instruments Incorporated, Infineon Technologies AG, and Qorvo, Inc.

Global Gallium Nitride (GaN) Semiconductor Devices Market Size Segmentation

By Product Type

  • Opto-Semiconductors
  • Power Semiconductors
  • GaN Radio Frequency Devices

By Wafer Size

Market Research & Statistics (MRAS) is a Market Research brand owned solely by Marqual IT Solutions Pvt. Ltd., an India based IT company. With years of experience in the research field, we have gained grass root knowledge about the gaps prevailing within the research industry. With innovative products and solutions such as Market Research and Analytics Tool, Sales intelligence reports, R&D intelligence, Industry wide Investment trends, etc. we are growing to be a leading Market Research Company within the landscape of Market Research sector. Each of our innovative products is offered through individualistic brand name and with Market Research & Statistics, we specialize in publisher model.