GaN Power Device Market by Device Type (Power, RF Power), Voltage Range, Application (Power Drives, Supply & Inverter, and RF), Vertical (Telecommunications, Consumer, Automotive, Military, Defense, Aerospace), and Geography - Global Forecast to 2023
The GaN power device market was valued at USD 327.3 Million in 2016 and is expected to reach USD 1,890.2 Million by 2023, at a CAGR of 29.1% during the forecast period. The base year considered for the study is 2016 and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market on the basis of device type, voltage range, application, vertical, and geography. The report also provides information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market, along with the detailed value chain. In addition, the key players for GaN power device are strategically profiled, and their market rank and core competencies are comprehensively analyzed, along with detailing the competitive landscape for market players and describing the product launches, product developments, acquisitions, partnerships, expansions, agreements, and collaborations in the market.
This GaN power device research study involves the extensive use of secondary sources, directories, and databases (such as annual reports, press releases, journals, company websites, and paid databases) to identify and collect information useful for this study. The entire procedure includes the study of the financial reports of the top market players. After arriving at the overall market size, the total GaN power device market has been split into several segments and subsegments and confirmed with key industry experts such as CEOs, VPs, directors, and marketing executives. The following figure shows the breakdown of primaries on the basis of the company type, designation, and region:
To know about the assumptions considered for the study, download the pdf brochure
The GaN power device market comprises business entities such as Cree (US), Qorvo (US), MACOM (US), Microsemi Corporation (US), Analog Devices US), Efficient Power Conversion (US), Integra Technologies (US), Transphorm (US), Navitas Semiconductor (US), Texas Instruments (US), Sumitomo Electric (Japan), Northrop Grumman Corporation (US), Qromis (US), Polyfet (US), TOSHIBA (Japan), Sumitomo Electric (Japan), Mitsubishi Electric (Japan), Panasonic (Japan), GaN Systems (Canada), VisIC Technologies (Israel), GaNPower (Canada), Infineon (Germany), Exagan (France), Ampleon (Netherlands), and EpiGaN (Belgium).
Scope of the Report:
|
Report Metric |
Details |
|
Base year |
2016 |
|
Forecast period |
20172023 |
|
Units |
Value (USD) |
|
Segments covered |
Type, End User, Offerings, and Region |
|
Geographic regions covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
Cree (US), Qorvo (US), MACOM (US), Microsemi Corporation (US), Analog Devices US), Efficient Power Conversion (US), Integra Technologies (US), Transphorm (US), Navitas Semiconductor (US), Texas Instruments (US), Sumitomo Electric (Japan), Northrop Grumman Corporation (US), Qromis (US), Polyfet (US), TOSHIBA (Japan), Sumitomo Electric (Japan), Mitsubishi Electric (Japan), Panasonic (Japan), GaN Systems (Canada), VisIC Technologies (Israel), GaNPower (Canada), Infineon (Germany), Exagan (France), Ampleon (Netherlands), and EpiGaN (Belgium) |
Target Audience:
- End users of the GaN power device
- Wafer equipment manufacturers
- Integrated devices manufacturers (IDMs)
- Distributors and traders
- Technology providers
- Research organizations and consulting companies
- Associations, organizations, forums, and alliances related to the GaN power device
- Venture capitalists, private equity firms, and start-up companies
The market in this report has been segmented as follows:
GaN Power Device Market, by Device Type
- Power
- RF power
GaN Power Device Market, by Voltage Range
- <200 Volt
- 200600 Volt
- >600 Volt
GaN Power Device Market, by Application
- Power Drivers
- Supply & Inverter
- Radio Frequency
GaN Power Device Market, by Vertical
- Telecommunications
- Industrial
- Automotive
- Renewables
- Consumer and Enterprise
- Military, Defense, and Aerospace
- Medical
GaN Power Device Market, by Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Rest of Europe
- Asia Pacific (APAC)
- China
- Japan
- South Korea
- Rest of APAC
- Rest of the World (RoW)
- South America
- Middle East and Africa
Available Customizations:
With the given GaN power device market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional GaN power device market players on the basis of various blocks of the value chain
Product Analysis
- Further breakdown of each product with respect to key regions and countries
Application Analysis
- Further breakdown of the application segment, by vertical
The GaN power device market is expected to reach USD 1,890.2 Million by 2023 from USD 408.3 Million in 2017, at a CAGR of 29.1% between 2017 and 2023. The major factors driving the growth of the market include huge revenue generation from the consumer electronics and automotive verticals, wide bandgap property of GaN material encouraging innovation, success of GaN in RF-power electronics, and increasing adoption of GaN RF power device in military, defense, and aerospace verticals.
The GaN Power Device Market for RF power devices held the largest market share in 2016. The need for high power in the very high frequency (VHF), ultrahigh frequency (UHF), and microwave bands has led to the demand for these devices, which can supply tens to hundreds of watts at RF frequencies up to 10 GHz and beyond. Most of these devices are made from GaN. Initially developed for improvised explosive device (IED) jammers in Iraq, GaN RF power has emerged as the technology of choice for all new microwave and millimeter-wave electronics including radar, satellite, communications, and electronic warfare.
The GaN power device market for GaN-based power drives is expected to grow significantly during the forecast period. This is attributed to its characteristics such as high breakdown voltage and low conduction resistance characteristics that enable high-speed switching and miniaturization. Moreover, the large total addressable markets such as power distribution systems, industrial systems, heavy electrical systems, turbines, heavy machinery, advanced industrial control systems, and electromechanical computing/computer systems, as well as several new power applications (clean-tech) such as high-voltage direct current (HVDC), smart grid power systems, wind turbines, wind power systems, solar power systems, and electric and hybrid electric vehicles are among the prime reasons for its faster growth of GaN power device.
Asia Pacific (APAC) is expected to hold the largest share of the GaN Power Device Market during the forecast period owing to the growing demand for power devices in the industrial, computing, telecommunications, automotive and military, and aerospace and defense verticals in emerging Asian countries such as China, Japan, Taiwan, the Philippines, and India. Moreover, the EV charging and electric vehicle production markets, as well as increasing renewable energy generation are driving the growth of the market in APAC.
APAC held the largest share of the overall GaN power device market in 2016 owing to the growing demand for these devices in numerous applications such as industrial, computing, telecommunications, consumer and enterprise, automotive and military, and aerospace and defense in Asian countries such as China, Japan, Taiwan, the Philippines, and India.
However, competition from silicon carbide (SiC) in high-voltage semiconductor applications is expected to be one of the key factors restraining the market growth.
Dominant players in the GaN power device market include Cree (US), Qorvo (US), MACOM (US), Microsemi Corporation (US), Analog Devices US), Efficient Power Conversion (US), Integra Technologies (US), Transphorm (US), Navitas Semiconductor (US), Texas Instruments (US), Sumitomo Electric (Japan), Northrop Grumman Corporation (US), Qromis (US), Polyfet (US), TOSHIBA (Japan), Sumitomo Electric (Japan), Mitsubishi Electric (Japan), Panasonic (Japan), GaN Systems (Canada), VisIC Technologies (Israel), GaNPower (Canada), Infineon (Germany), Exagan (France), Ampleon (Netherlands), and EpiGaN (Belgium).
These players adopted various strategies such as product developments, acquisitions, partnerships, expansions, agreements, and contracts to achieve growth in the market.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 15)
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 18)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 26)
4 Premium Insights (Page No. - 32)
4.1 Attractive Opportunities for GaN Power Device Market
4.2 Market, By Device Type
4.3 Market, By Voltage Range
4.4 Market, By Application
4.5 Market, By Vertical
4.6 Market in APAC, By Vertical and By Country
4.7 Market, By Geography
5 Market Overview (Page No. - 36)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Huge Revenue Generation From the Consumer Electronics and Automotive Verticals
5.2.1.2 Wide Bandgap Property of GaN Material Encouraging Innovation
5.2.1.3 Success of GaN in RF-Power Electronics
5.2.1.4 Increasing Adoption of GaN RF Power Device in Military, Defense, and Aerospace Vertical
5.2.2 Restraints
5.2.2.1 Competition From Sic Devices in High-Voltage Power Applications
5.2.3 Opportunities
5.2.3.1 Potential Use of GaN in 5g Infrastructure
5.2.3.2 Applications in Electric and Hybrid Electric Vehicles
5.2.4 Challenges
5.2.4.1 High Material and Fabrication Costs
5.2.4.2 Design Challenges and Complexity
5.3 Value Chain Analysis
5.4 Supply Chain Analysis
6 Market, By Device Type (Page No. - 46)
6.1 Introduction
6.2 Power Device
6.2.1 Discrete Power Device
6.2.2 Integrated Power Device
6.3 RF Power Device
6.3.1 Discrete RF Power Device
6.3.2 Integrated RF Power Device
7 GaN Power Device Market, By Voltage Range (Page No. - 68)
7.1 Introduction
7.2 <200 Volt
7.3 200600 Volt
7.4 >600 Volt
8 GaN Power Device Market, By Application (Page No. - 72)
8.1 Introduction
8.2 Power Drives
8.2.1 EV Drives
8.2.2 Industrial Drives
8.2.3 Light Detection and Ranging
8.3 Supply and Inverter
8.3.1 Switch-Mode Power Supply
8.3.2 Inverter
8.3.3 Wireless Charging
8.3.4 EV Charging
8.4 Radio Frequency
8.4.1 Radio Frequency Front-End Module
8.4.2 Repeater/Booster/Das
8.4.3 Radar and Satellite
9 Market, By Vertical (Page No. - 83)
9.1 Introduction
9.2 Telecommunications
9.3 Industrial
9.4 Automotive
9.5 Renewables
9.6 Consumer and Enterprise
9.7 Military, Defense, and Aerospace
9.8 Medical
10 Geographic Analysis (Page No. - 94)
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Rest of Europe
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 Rest of APAC
10.5 RoW
10.5.1 South America
10.5.2 Middle East and Africa
11 Competitive Landscape (Page No. - 109)
11.1 Overview
11.2 Market Ranking Analysis, 2016
11.3 Competitive Scenario
11.3.1 Product Launches and Developments
11.3.2 Partnerships, Contracts, Acquisitions, and Agreements
12 Company Profiles (Page No. - 113)
(Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships)*
12.1 Key Players
12.1.1 Cree
12.1.2 Infineon
12.1.3 Qorvo
12.1.4 Macom
12.1.5 Microsemi
12.1.6 Mitsubishi Electric
12.1.7 Efficient Power Conversion (EPC)
12.1.8 GaN Systems
12.1.9 Navitas Semiconductor
12.1.10 Toshiba
*Details on Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.
12.2 Key Innovators
12.2.1 Exagan
12.2.2 Visic Technologies
12.2.3 Integra Technologies.
12.2.4 Transphorm
12.2.5 Qromis
12.3 Other Key Players
12.3.1 Ganpower
12.3.2 Analog Devices
12.3.3 Panasonic
12.3.4 Texas Instruments
12.3.5 Ampleon
12.3.6 Sumitomo Electric
12.3.7 Northrop Grumman Corporation
12.3.8 Dialog Semiconductor
12.3.9 Epigan
12.3.10 Polyfet
13 Appendix (Page No. - 161)
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details
List of Tables (70 Tables)
Table 1 GaN Power Device Market, By Device Type, 20142023 (USD Million)
Table 2 Market, By Device Type, 20142023 (Million Units)
Table 3 Market for Power Device, By Vertical, 20142023 (USD Million)
Table 4 Market for Power Devices in North America, By Vertical, 20142023 (USD Million)
Table 5 Market for Power Devices in Europe, By Vertical, 20142023 (USD Million)
Table 6 Market for Power Device in APAC, By Vertical, 20142023 (USD Million)
Table 7 Market for Power Device in RoW, By Vertical, 20142023 (USD Million)
Table 8 Market for Power Device, By Region, 20142023 (USD Million)
Table 9 Market for Power Device in Telecommunications, By Region, 20142023 (USD Million)
Table 10 Market for Power Device in Industrial, By Region, 20142023 (USD Million)
Table 11 Market for Power Device in Automotive, By Region, 20142023 (USD Million)
Table 12 Market for Power Device in Renewables, By Region, 20142023 (USD Million)
Table 13 Market for Power Device in Consumer and Enterprise, By Region, 20142023 (USD Million)
Table 14 Market for Power Device in Military, Defense, and Aerospace, By Region, 20142023 (USD Million)
Table 15 Market for Power Device in Medical, By Region, 20142023 (USD Million)
Table 16 Market for Power Device in Telecommunications, By Application, 20142023 (USD Million)
Table 17 Market for Power Device in Industrial, By Application, 20142023 (USD Million)
Table 18 Market for Power Device in Automotive, By Application, 20142023 (USD Million)
Table 19 Market for Power Device in Consumer and Enterprise, By Application, 20142023 (USD Million)
Table 20 Market for Power Device in Military, Defense, and Aerospace, By Application, 20142023 (USD Million)
Table 21 Market for Power Device in Medical, By Application, 20142023 (USD Million)
Table 22 Market for Power Device, By Type, 20142023 (USD Million)
Table 23 Market for RF Power Device, By Vertical, 20142023 (USD Million)
Table 24 Market for RF Power Device in North America, By Vertical, 20142023 (USD Million)
Table 25 Market for RF Power Device in Europe, By Vertical, 20142023 (USD Million)
Table 26 Market for RF Power Device in APAC, By Vertical, 20142023 (USD Million)
Table 27 Market for RF Power Device in RoW, By Vertical, 20142023 (USD Million)
Table 28 Market for RF Power Device, By Region, 20142023 (USD Million)
Table 29 Market for RF Power Device in Telecommunications, By Region, 20142023 (USD Million)
Table 30 Market for RF Power Device in Industrial, By Region, 20142023 (USD Million)
Table 31 Market for RF Power Device in Automotive, By Region, 20142023 (USD Million)
Table 32 Market for RF Power Device in Renewables, By Region, 20142023 (USD Million)
Table 33 Market for RF Power Device in Consumer and Enterprise, By Region, 20142023 (USD Million)
Table 34 Market for RF Power Device in Military, Defense, and Aerospace, By Region, 20142023 (USD Million)
Table 35 Market for RF Power Device in Telecommunications, By Application, 20142023 (USD Million)
Table 36 Market for RF Power Device in Automotive, By Application, 20142023 (USD Million)
Table 37 Market for RF Power Device in Renewables, By Application, 20142023 (USD Million)
Table 38 Market for RF Power Device in Consumer and Enterprise, By Application, 20142023 (USD Million)
Table 39 Market for RF Power Device in Military, Defense, and Aerospace, By Application, 20142023 (USD Million)
Table 40 Market for RF Power Device, By Type, 20142023 (USD Million)
Table 41 Market, By Voltage Range, 20142023 (USD Million)
Table 42 Market, By Application, 20142023 (USD Million)
Table 43 Market for Power Drives, By Application, 20142023 (USD Million)
Table 44 Market for Lidar, By Vertical, 20142023 (USD Million)
Table 45 Market for Supply and Inverter, By Application, 20142023 (USD Million)
Table 46 Market for Smps, By Vertical, 20142023 (USD Million)
Table 47 Market for Inverters, By Vertical, 20142023 (USD Million)
Table 48 Market for Wireless Charging, By Vertical, 20142023 (USD Million)
Table 49 Market for Radio Frequency, By Application, 20142023 (USD Million)
Table 50 Market for RF Fem, By Vertical, 20142023 (USD Million)
Table 51 Market for Repeater/Booster/Das, By Vertical, 20142023 (USD Million)
Table 52 Market for Radar and Satellite, By Application, 20142023 (USD Million)
Table 53 Market, By Vertical, 20142023 (USD Million)
Table 54 Market for Telecommunications, By Region, 20142023 (USD Million)
Table 55 Market for Industrial, By Region, 20142023 (USD Million)
Table 56 Market for Automotive, By Region, 20142023 (USD Million)
Table 57 Market for Renewables, By Region, 20142023 (USD Million)
Table 58 Market for Consumer and Enterprise, By Region, 20142023 (USD Million)
Table 59 Market for Military, Defense, and Aerospace, By Region, 20142023 (USD Million)
Table 60 Market for Medical, By Region, 20142023 (USD Million)
Table 61 Market, By Region, 20142023 (USD Million)
Table 62 Market in North America, By Country, 20142023 (USD Million)
Table 63 Market in North America, By Vertical, 20142023 (USD Million)
Table 64 Market in Europe, By Country, 20142023 (USD Million)
Table 65 Market in Europe, By Vertical, 20142023 (USD Million)
Table 66 Market in APAC, By Country, 20142023 (USD Million)
Table 67 Market in APAC, By Vertical, 20142023 (USD Million)
Table 68 Market in RoW, By Vertical, 20142023 (USD Million)
Table 69 10 Most Recent Product Launches in the market
Table 70 Partnerships, Contracts, and Agreements in the market
List of Figures (51 Figures)
Figure 1 GaN Power Device Market: Segmentation
Figure 2 Market: Research Design
Figure 3 Bottom-Up Approach to Arrive at the Market Size
Figure 4 Top-Down Approach to Arrive at the Market Size
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Market Snapshot, 20142023 (USD Million)
Figure 8 GaN Power Device, By Device Type, 20142023 (USD Million)
Figure 9 GaN Power Device, By Voltage Range, 20142023 (USD Million)
Figure 10 GaN Power Device, By Application, 20142023 (USD Million)
Figure 11 Market for Power Drives Expected to Grow at Highest CAGR During Forecast Period
Figure 12 Market, By Vertical (USD Million)
Figure 13 Market, By Region
Figure 14 Telecommunications to Drive Growth of market During Forecast Period
Figure 15 Power Expected to Hold Larger Share of market By 2023
Figure 16 200600 Volt Expected to Hold Largest Share of market By 2023
Figure 17 Radio Frequency is Expected to Hold Largest Share of market During Forecast Period
Figure 18 Telecommunications Expected to Hold Largest Share of market During Forecast Period
Figure 19 Telecommunications Held Largest Share of market in China in 2017
Figure 20 APAC Expected to Witness Highest CAGR in market Between 2017 and 2023
Figure 21 Drivers, Restraints, Opportunities, & Challenges for Market
Figure 22 Value Chain Analysis: Major Value is Added During R&D, Design, & Manufacturing Phases
Figure 23 Supply Chain Analysis
Figure 24 Market Segmentation: By Device Type
Figure 25 Power Expected to Witness Highest CAGR in market During Forecast Period
Figure 26 Automotive Expected to Witness Highest CAGR in market During Forecast Period
Figure 27 Discrete Power Expected to Hold Larger Share of Market During Forecast Period
Figure 28 Consumer and Enterprise Expected to Witness Highest CAGR in Market During Forecast Period
Figure 29 Market Segmentation, By Voltage Range
Figure 30 >600 Voltage Expected to Witness Highest CAGR in Market During Forecast Period
Figure 31 Market Segmentation: By Application
Figure 32 Power Drives Expected to Witness Highest CAGR in market During Forecast Period
Figure 33 EV Charging Expected to Witness Highest CAGR in market During Forecast Period
Figure 34 RF Fem Expected to Hold Larger Share of Market During Forecast Period
Figure 35 Market Segmentation, By Vertical
Figure 36 Medical Expected to Witness Highest CAGR in Market During Forecast Period
Figure 37 Market: By Geography
Figure 38 Geographic Snapshot of Market
Figure 39 North America: Snapshot of market
Figure 40 Europe: Snapshot of market
Figure 41 APAC: Snapshot of market
Figure 42 RoW: Snapshot of market
Figure 43 Companies in the Market Adopted Product Launches as the Key Growth Strategy Between January 2014 and October 2017
Figure 44 Market Evaluation Framework
Figure 45 Cree: Company Snapshot
Figure 46 Infineon: Company Snapshot
Figure 47 Qorvo: Company Snapshot
Figure 48 Macom: Company Snapshot
Figure 49 Microsemi: Company Snapshot
Figure 50 Mitsubishi Electric: Company Snapshot
Figure 51 Toshiba: Company Snapshot
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