According to a new market report published by Lucintel, the future of the RF GaN semiconductor device market looks promising with opportunities in the aerospace & defense, IT & telecom, consumer electronics, automotive industries. The global RF GaN semiconductor device market is expected to grow with a CAGR of 22% from 2020 to 2025. The major drivers for this market are increase in demand for gallium nitride in automotive and consumer electronics, the success of gallium nitride in RF power electronics, and wide bandgap property of gallium nitride material encouraging innovative applications.
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In this market, GaN-On-SiC, GaN-On-Silicon, GaN-On-Diamond are the major material used.
Within this market, wireless infrastructure is expected to witness the highest growth over the forecast period due to increasing technological advancements in 5G infrastructure networks, growing adoption of 4G and 5G mobile devices, and rising implementation of RF GaN solutions in wireless infrastructure applications such as in radio, MRI machines, radar, television broadcasting, and others.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the growing market for telecommunication and the electronics industry across the region.
Cree, Hitachi, Infineon, Mitsubishi, Panasonic, STMicroelectronics, Sumitomo, and Toshiba are among the major suppliers in the global RF GaN semiconductor device market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global RF GaN semiconductor device market by material, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global RF GaN Semiconductor Device Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global RF GaN semiconductor device market by material, application, end use industry, and region as follows:
By Material [Value ($ Million) shipment analysis for 2014 – 2025]:
GaN-On-SiC
GaN-On-Silicon
GaN-On-Diamond
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Wireless Infrastructure
Power Storage
Satellite Communication
PV Inverter
Others
By End Use Industry [Value ($ Million) shipment analysis for 2014 – 2025]:
Aerospace and Defense
IT and Telecom
Consumer Electronics
Automotive
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Spain
Germany
France
Asia Pacific
China
India
Japan
South Korea
The Rest of the World
A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.