Detailed Report on Gallium Nitride Market - by BIS Research

  • Gallium nitride (GaN) is a very hard and mechanically stable wide bandgap (WBG) semiconductor, as it has a hexagonal crystal structure. The critical factors of gallium nitride material responsible for its adoption in the market are reliability, compact size, high efficiency, fast switching speed, low on-resistance, and high thermal conductivity, among other types of semiconductors such as silicon (Si) and silicon carbide (Sic).

    The Gallium Nitride Market has been developing significantly since 1990, and much can be attributed to the technological advancements in this field. The ecosystem of the gallium nitride market comprises GaN wafers manufacturers, GaN epitaxy producers, GaN device processing companies, GaN module manufacturers, and end users. The market is still developing, with North America at the forefront, followed by Europe, Asia-Pacific, the U.K., China, and Rest-of-the-World.

    Gallium Nitride Industry Overview

    The global Gallium Nitride Market was valued at $270.00 million in 2020 and is expected to reach $2,956.03 million by 2031, growing at a CAGR of 24.65% between 2021 and 2031. The gallium nitride market is driven by several factors such as use of GaN in electric vehicles to increase their efficiency, continuous technological advancement in GaN ecosystem, suitability of GaN in radio frequency (RF) applications, and its property which can sweep off silicon from the market.

    Market Segmentation

    Gallium Nitride Market by Application

    Among different gallium nitride applications, RF devices dominate the market and are expected to be the largest application during the forecast period. The growing use of gallium nitride in the RF devices application segment is majorly subjected to its high-performance, high-efficiency delivery, and reliable semiconductor material for these devices. Companies working on GaN-based RF devices are investing heavily in the research and development of gallium nitride technology.

    Gallium Nitride Market by Substrate Type

    Among different gallium nitride substrate types, GaN-on-Si dominates the market and is expected to be the largest substrate type during the forecast period. The dominance of GaN-on-Si substrate is attributed to wide use in the applications of gallium nitride such as RF devices (wireless infrastructure, aerospace and defense, satellite communication, point-to-point-radio, others), optoelectronics (LED, laser, others), power electronics (power supply, EV/HEV, LiDAR, server and data centers, wireless power, solar photovoltaic, envelop tracking, UV detector, others).

    This substrate is widely accepted by the electronic industry, which prefers bulk substrates for commercializing its GaN-based products. However, GaN-on-Si is being preferred over GaN-on-SiC. Ongoing research work is being conducted to remove cost restraints, to deliver high-quality devices based on Si substrate material. GaN-on-Si devices offer high voltage features on appreciably reduced chip sizes.

    Gallium Nitride Market by Region

    The demand for gallium nitride varies according to various regions. The gallium nitride market holds a prominent share in various countries of North America, Asia-Pacific and Japan, Europe, the U.K., China, and Rest-of-the-World, among which North America was the largest region for gallium nitride market in 2020 in terms of value.

    Industrial advancements, extensive investments for dedicated R&D facilities, and the development of different application products that require gallium nitride are some of the major drivers that are currently propelling the growth of the global gallium nitride market in North America.

    Key Market Players and Competition Synopsis

    Wolfspeed, Inc., Furukawa Co., Ltd., IQE PLC, Infineon Technologies AG, Mitsubishi Chemical Corporation, SOITEC, FUJITSU, Qorvo, Inc., Semiconductor Components Industries, LLC, American Elements, Taiwan Semiconductor Manufacturing Company Limited, DOWA Electronics Materials Co., Ltd., Kyma Technologies, Inc., Powdec K.K., Shanghai Famous Trade Co., Ltd.

    The companies that are profiled in the report have been selected based on a selective pool of players, primarily Tier-1 (holding 50-60% of the market) and mid-segment players (comprising 30-40% share), and small and emerging companies (holding the balance 10-20% share), based on various factors such as product portfolios, annual revenues, market penetrations, research, and development initiatives, along with a domestic and international presence in the gallium nitride industry.

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    How This Report Can Add Value -

    This report will help with the following objectives :

    •   A dedicated section focusing on the futuristic trends adopted by the key players operating in the global gallium nitride market
    •   Extensive competitive benchmarking of top 15 players (including producers and component providers) offering a holistic view of the global gallium nitride landscape
    •   Qualitative and quantitative analysis of gallium nitride industry at country level granularity based on region, application, and substrate type segments

    Market by Product: Analysis and Forecast: The product segment helps the reader in understanding different types of substrate types (GaN-on-Si, GaN-on-Sapphire, GaN-on-SiC, others) associated with gallium nitride.

    Market by Application: Analysis and Forecast: The report also includes a thorough qualitative and quantitative analysis of various application areas such as RF devices (wireless infrastructure, aerospace and defense, satellite communication, point-to-point-radio, others), optoelectronics (LED, laser, others), power electronics (power supply, EV/HEV, LiDAR, server and data centers, wireless power, solar photovoltaic, envelope tracking, UV detector, others).

    Key Questions Answered in the Report :

    •   What are the major factors and trends that are impacting the gallium nitride market, and how the COVID-19 has affected the market?
    •   What are the steps taken by the existing players to improve their market positioning, and is there any substitute used in the end-use industry for gallium nitride?
    •   Which are the leading types and applications in the market, and how are they expected to perform in the coming years?
    •   What are the latest developments across the globe with respect to research and development, and what would be the trending technology used in the gallium nitride market?
    •   What are the consumption patterns of gallium nitride across different regions and countries? Moreover, is there any government regulation across the globe impacting the gallium nitride market?

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