What is Gan Devices?
GaN (Gallium Nitride) devices are mostly power devices, LEDs and RF components. These devices provide perfect alternative to Silica Carbide and are widely used in consumer electronics. Various properties such as high thermal conductivity, heat capacity and mechanical stability makes it a suitable alternative to SiC. GaN devices have been extensively used in nanotechnology and further it is expected to gain traction as consumer electronics market flourishes.
The market study is broken down by Type (Power, Opto and RF) and major geographies with country level break-up. and may see market size of USD3.4 Billion by 2026.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Gan Devices market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sumitomo Electric Device Innovations (Japan), ST-Ericsson (Switzerland), United Monolithic Semiconductors (UMS) (France), WIN Semiconductors (Taiwan), NTT Advanced Technology Corporation (Japan), Qorvo (United States), Texas Instruments (United States), MACOM (United States), Toshiba (Japan), Fujitsu Semiconductor (Japan), Broadcom Limited (United States), RFHIC (South Korea), Efficient Power Conversion (EPC) (United States), INTEGRA Technologies (India), Infineon Technologies (Germany) and NXP Semiconductor (Netherlands) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Wolfspeed (Cree) (United States), GAN Systems (Canada), Microsemi (United States) and Northrop Grumman (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Gan Devices market by Type, Application and Region.
On the basis of geography, the market of Gan Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Consumer Electronics will boost the Gan Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Device Type, the sub-segment i.e. Transistors will boost the Gan Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Growth Use of GaN in Nano-technology
- Emergence of High-powered Electronic Devices
Market Drivers
- Rising Use of Gallium Nitride in Consumer Electronics
- Growing Adoption of GaN in RF-Power Electronics
Opportunities
- Rise in Sales of Electric and Hybrid Vehicles
- Potential Use of GaN in 5g Infrastructure
Restraints
- High Production Cost Involved in Gallium Nitride
- Tough Competition from Silicon carbide (SiC)
Challenges
- Health and Environmental Hazards Associated with GaN Devices
- Complexity Involved in Design of GaN Devices
Key Target Audience
GaN Devices Manufacturers, Suppliers/Distributors, Market and Research Firms, Potential Investors, Government Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.