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The future of the GaN power device market looks promising with opportunities in the telecommunication; industrial; automotive; renewable; consumer and enterprise; military, defense, & aerospace; and medical industries. The global GaN power device market is expected to grow with a CAGR of 27% to 29% from 2021 to 2026. The major drivers for this market are growth in electric vehicle production and government regulations for increasing renewable energy generation.
 
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of GaN power device market report download the report brochure.

 
 GaN power device


 GaN power device
 
The study includes trends and forecast for the global GaN power device market by device, end use industry, and region as follows:
 
By Device [$M shipment analysis for 2015 – 2026]:
  • Power Devices
  • Discrete Power Devices
  • Integrated Power Devices
  • RF Power Devices
  • Discrete Power Devices
  • Integrated Power Devices
By End Use Industry [$M shipment analysis for 2015 – 2026]:
  • Telecommunications
  • Industrial
  • Automotive
  • Renewables
  • Consumer and Enterprise
  • Military, Defense, and Aerospace
  • Medical
By Region [$M shipment analysis for 2015 – 2026]:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • The Rest of the World
GaN power devices will remain the largest segment due to increasing use of GaN transistors in various consumer, medical, industrial, and automotive applications. Cost-effective GaN devices are in high demand in wireless charging applications.
 
Within the GaN power device market, telecommunications will remain the largest end use industry during the forecast period due to the potential use of GaN devices in 5G infrastructure. 
 
Asia Pacific will remain the largest region during the forecast period due to increasing electric vehicle demand, advancements in 5G network applications, and growth in demand for consumer electronics and automotive markets. 
 
GaN power devices will remain the largest segment due to increasing use of GaN transistors in various consumer, medical, industrial, and automotive applications. Cost-effective GaN devices are in high demand in wireless charging applications.
 
Telecommunications will remain the largest end use industry during the forecast period due to the potential use of GaN devices in 5G infrastructure. 
 
Asia Pacific will remain the largest region during the forecast period due to increasing electric vehicle demand, advancements in 5G network applications, and growth in demand for consumer electronics and automotive markets. 
 
Some of the GaN power device companies profiled in this report include CREE, Infineon, Qorvo, Macom, Microsemi,  Mitsubishi Electric, Efficient Power Conversion, GaN Systems.
 
 
Features of GaN Power Device  Market
  • Market Size Estimates: GaN power device market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
  • Segmentation Analysis: Market size by device and end use industry
  • Regional Analysis: GaN power device market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different end use industries, device, and regions for GaN power device market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the GaN power device market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
 
 
 
This report answers following 11 key questions
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global GaN power device market by device (power devices and RF power devices), end use industry (telecommunications, industrial, automotive, renewables, consumer and enterprise; military, defense, & aerospace, and medical), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the GaN power device market?
Q.5 What are the business risks and threats to the GaN power device market?
Q.6 What are the emerging trends in the GaN power device market and the reasons behind them?
Q.7 What are some changing demands of customers in the GaN power device market?
Q.8 What are the new developments in the GaN power device market? Which companies are leading these developments?
Q.9 Who are the major players in the GaN power device market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the GaN power device market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the GaN power device market?
 

Table of Contents
 
  • Executive Summary
  • Market Background and Classifications
    • Introduction, Background, and Classifications
    • Supply Chain
    • Industry Drivers and Challenges
  • Market Trends and Forecast Analysis from 2015 to 2026
    • Macroeconomic Trends (2015-2020) and Forecast (2021-2026)
    • Global GaN Power Device Market Trends (2015-2020) and Forecast (2021-2026)
    • Global GaN Power Device Market by End Use Industry
      • Telecommunications
      • Industrial
      • Automotive
      • Renewables
      • Consumer and Enterprise
      • Military, Defense, and Aerospace
      • Medicals
    • Global GaN Power Device Market by Device
      • Power Device
        1. Discrete Power Device
        2. Integrated Power Device
      • RF Power Device
        1. Discrete Power Device
        2. Integrated Power Device
  • Market Trends and Forecast Analysis by Region from 2015 to 2026
    • Global GaN Power Device  Market by Region
    • North American GaN Power Device  Market
      • Market by End Use Industry
      • Market by Device
      • The US GaN Power Device  Market
      • The Canadian GaN Power Device  Market
      • The Mexican GaN Power Device  Market
    • European GaN Power Device  Market
      • Market by End Use Industry
      • Market by Device
      • German GaN Power Device  Market
      • United Kingdom GaN Power Device  Market
      • French GaN Power Device  Market
      • Italian GaN Power Device  Market
    • APAC GaN Power Device  Market
      • Market by End Use Industry
      • Market by Device
      • Chinese GaN Power Device  Market
      • Japanese GaN Power Device  Market
      • Indian GaN Power Device  Market
      • South Korean GaN Power Device  Market
    • ROW GaN Power Device  Market
      • Market by End Use Industry
      • Market by Device
  • Competitor Analysis
    • Product Portfolio Analysis
    • Geographical Reach
    • Porter’s Five Forces Analysis
  • Growth Opportunities and Strategic Analysis
    • Growth Opportunity Analysis
      • Growth Opportunities for the Global GaN Power Device Market by End Use Industry
      • Growth Opportunities for the Global GaN Power Device Market by Device
      • Growth Opportunities for the Global GaN Power Device Market by Region
    • Emerging Trends in the Global GaN Power Device  Market
    • Strategic Analysis
      • New Product Development
      • Capacity Expansion of the Global GaN Power Device  Market
      • Mergers and Acquisitions in the Global GaN Power Device  Industry
  • Company Profiles of Leading Players
    • CREE
    • Infineon
    • Qorvo
    • Macom
    • Microsemi
    • Mitsubishi Electric
    • Efficient Power Conversion
    • GaN Systems

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Below is a brief summary of the primary interviews that were conducted by job function for this report.