Visiongain has published a new report on Gallium Nitride Materials Market Report 2021-2031: Forecasts by Device (Opto-Semiconductor Device, Power Semiconductor Device, RF Semiconductor Device), by Component (Transistor, Diode, Rectifier, Power IC, Others), by Wafer Size (2”, 4”, 6”, 8”), by Applications (Radio Frequency, Power Diodes, Light Detection and Ranging), by Vertical (Automotive, Consumer Electronics, Defence & Aerospace, Healthcare, Information & Communication Technology, Industrial & Power, Others), by Substrate (GaN-on-Si, GaN-on-Sapphire, GaN-on-SiC, GaN-on-GaN) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Gallium Nitride Materials Companies AND COVID-19 Recovery Scenarios.
The Global Gallium Nitride Materials market was valued at US$ 90.0 million in 2019 and is projected to reach a market value of US$ 1,294.5 million by 2031. The advent of fast processing power processors and high-frequency radio-frequency devices generated a significant demand for this excellent wide-bandgap semiconductor material in the global electronics industry.
Download Exclusive Sample of Report @ https://www.visiongain.com/report/gallium-nitride-materials-market-2021/#download_sampe_div
COVID-19 Impact on Global Gallium Nitride Materials Market
The Covid-19 pandemic had a negative impact on the overall supply chain of the gallium nitride materials market. Due to nationwide lockdowns worldwide, the demand for consumer electronics, automotive, and telecommunication industry also suffered. Several countries delayed the auction dates of frequency allocation for 5G network and applications. The slowdown in the commercialization of the 5G network in 2020 caused a stagnant demand ratio across the world.
Market Drivers
Growing Adoption of 5G Technology and Infrastructure
GaN is a promising technology set to replace Silicon-FETs, which were earlier functional in many end-user industries such as automotive, consumer electronics, military & defence, telecom, etc.
The need for higher consumption, a faster rate, and reduced latency of data worldwide has fueled the adoption of GaN in the 5G space. 5G could very well be the driving factor for the growth of GaN by 2025. GaN is more power-efficient for 5G RF devices. Especially in mmWave 5G networks, it can effectively handle higher voltages in a smaller area while powering a more comprehensive range of mmWave frequencies.
Growing Demand for GaN Devices in Consumer Electronics
One of gallium nitride's most significant advantages over silicon is its bandgap, which gives it different electrical properties that equip it for higher strength applications. By increasing energy consumption, minimizing size and system costs, and providing the ability to introduce new features that include wireless charging and professional sound quality, GaN power transistors improve the performance and usefulness of consumer electronic devices. Gallium Nitride transistors can turn high voltages and currents over 100 times faster than the best-selling commercial silicon MOSFET to ensure stable operation. As GaN transistors in everything from consumer electronics chargers, data servers, and solar panel inverters begin to replace silicon. It will help to change the future through this technology.
Market Opportunities
Electric Vehicle Industry is Generating Demand for GaN Devices
Another industry with a visible impact from GaN is the automobile industry, especially the Electric Vehicle (EV) sector. With the increasing number of EVs on roads, it is fair to say that EVs will amount to substantial global power consumption. GaN evidently shall be very efficient in improving the said vehicles' efficiency, enhanced charging infrastructure, and fast charging solution. GaN devices will enable manufacturing solutions for high performance, high power, cost-effective, and heavy-duty electric and hybrid vehicles. GaN devices also improve the efficiency of the traction inverter present in the EVs. The traction inverter's responsibility is to convert the DC from the battery of the vehicle to AC, which the motor can use for the drive. The increased efficiency will result in lesser charging cycles, greater distance range, and longer battery life in the EVs.
Get Detailed TOC @ https://www.visiongain.com/report/gallium-nitride-materials-market-2021/#download_sampe_div
SatCom Sector Driving the Growth Potential for GaN RF Devices
SatCom sector has always desired faster transmission. High-power amplifiers and upconverter blocks are required to generate powerful signals to offset path loss and spreading. In a conventional satellite communication link, mm-frequency radio signals are transmitted to the satellite situated in a geostationary orbit from a point station on earth. Higher-power transmitters are more extensive, heavier, and less efficient as they need more power to operate and dissipate more heat. GaN solves this as it enables compact yet powerful transmission. GaN enables solid-state power amplifiers to combine high efficiencies with impressive output powers while maintaining very close form factors. And as GaN technology matures, this trend is sure to continue. Wolfspeed, a Cree Company, offers high-efficiency and high-gain GaN on SiC components that support full video bandwidth for multi-carrier streaming.
Competitive Landscape
Some of the companies profiled in the report include Cree, Inc., Infineon Technologies, SweGaN, Soitec, IQE PLC, and GaN Systems.
- In September 2020, NXP Semiconductors N.V. inaugurated their new RF gallium nitride wafer lab. The fabrication lab will be developing GaN wafers of 150mm (6” inch) in the U.S.
- In May 2019, Soitec acquired EpiGaN. The acquisition helped the company to strengthen its engineered substrate portfolios into GaN and thus accelerate its penetration across telecom industry, power electronics and sensor applications etc.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.
To access the data contained in this document please email contactus@visiongain.com
Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Gallium Nitride Materials Market and leading companies. You will find data, trends and predictions.
Find more Visiongain research reports on Construction Sector click on the following links:
- Ball Valves Market
- Safety Valves Market
- Graphite Electrode Market
- Building Thermal Insulation Market
- Autoclaved Aerated Concrete (AAC) Market
- High Temperature Composite Resin Market
- Carbon Fibre Reinforced Plastic (CFRP) Composites Market
Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: catherine.walker@visiongain.com
About Visiongain
Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports means that you can have a bespoke piece of market intelligence customized to your very own business needs.
Contact:
Catherine Walker
PR at Visiongain Inc.
Tel: + 44 0207 336 6100
USA Tel: + 1 718 682 4567
EU Tel: + 353 1 695 0006
Toll Free: 00-1-646-396-5129
Email: catherine.walker@visiongain.com
Web: https://www.visiongain.com
Follow Us: LinkedIn | Twitter
-
SOURCE Visiongain Limited.
