20th September 2019 – Global Gallium
Nitride (GaN) Semiconductor Devices Market is projected to grow considerably
in the forecast period owing to the increasing demand for energy efficient
power electronics. Gallium Nitride is a semiconductor used in the production of
semiconductor power devices, RF (Radio Frequency) components and light emitting
diodes (LEDs). Gallium nitride has the potential to act as displacement
technology for silicon conductors in power consumption, analog applications and
radio frequency components. GaN semiconductors hold dynamic chemical and
electrical properties like high-voltage breakdown and saturation velocity that
make the semiconductors perform proficiently in different switching devices.
The key factors that drive the growth of
gallium nitride (GaN) semiconductor devices industry comprise the wide band gap
feature of gallium nitride material that encourages innovative applications,
the vast market for gallium nitride in consumer electronics and automotive
devices, success of gallium nitride in radio frequency power electronics.
Gallium nitride (GaN) semiconductor devices are broadly used in industries like
defense, military, aerospace, telecommunication and medical sectors. GaN is
also extensively used in blue light-emitting diodes and blue laser diodes in
Blu-ray disc players which contributes to the growth of the market.
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The wide band gap semiconductor
material, Gallium nitride has the ability to operate at high temperature, high
power density, and high frequency along with other operating voltages, driving
the growth of the market. The rising penetration of gallium nitride in radio
frequency power application is predicted to be a major growth driver for
gallium nitride semiconductor devices market in future. The RF based switching
is growing widely in the developed electrical energy systems especially in the
renewable energy like solar power. Besides the reliability factor, gallium
nitride (GaN) semiconductor devices play an important role in reducing overall
system costs. Conversely, gallium nitride lacks cost effectiveness in
applications with low gigahertz like CATV (community access television) which
reduces the market penetration. This is expected to hinder the growth of the
industry to some extent.
Nevertheless, the rise in demand for
wireless devices, the speedy progress of automated devices and cost effective
manufacturing is predicted to drive the gallium nitride semiconductor devices
industry in the years to come. Conversely, the waste created during the
manufacturing of gallium nitride (GaN) semiconductor is a serious issue to
human health like human skin, eyes and lungs which ultimately increases the
shielding outfit expenses for manufacturing needs which are projected to
obstruct the market growth in the coming years.
Gallium nitride (GaN) semiconductor
devices market is categorized on the basis of product, device, application and
geography. On the basis of product, the market is divided into
opto-semiconductors and power semiconductors. The power semiconductors are estimated
to hold larger share of the market due to its ability to minimize power loss
and obtain high speed switching with features like miniaturization, high speed
switching and high breakdown voltage.
In terms of device, gallium nitride
(GaN) semiconductor devices industry is divided into GAN Power Discrete Market,
GAN Power Transistors Market, GAN Diodes & Rectifiers Market, and GAN Power
ICs Market. On the basis of application, the market is segmented into
Computers, Industrial power, solar, and wind sectors (IPSW), Consumer
Electronics sector, Automotive sector, Military, Defense, Aerospace and Medical
sector. Consumer electronic sector is projected to dominate the market owing to
the high penetration of gallium nitride in LED-based lighting and LED-based
display.
Geographically, gallium nitride (GaN)
semiconductor devices market is segmented as North America, Asia Pacific,
Europe and RoW. North America is expected to dominate larger share of the
market due to the increasing demand for LEDs in consumer electronic products
like gaming devices, personal computers, laptops, tablets, etc. Asia Pacific
region is also estimated to witness faster growth due to the presence of large
number of raw material suppliers in this region.
The prominent gallium nitride (GaN)
semiconductor devices industry players profiled here are Aixtron SE, Cree
Incorporated, Panasonic Semiconductors, Texas Instruments, Fujitsu Ltd, RF
Micro Devices Corporation, Toshiba, Infineon Technologies,
OsramOpto-semiconductors, Gallia Semiconductor, ROHM Company Ltd. NXP
Semiconductors, Koninklijke Philips N.V., Qorvo and Nichia Corporation.
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