Global Gallium Nitride (GaN) Power Device Market Size, Share, Opportunities, And Trends By Device Type (Integrated Power Device, Discrete Power Device, By Voltage Range (Less than 200 volt, Between 200 and 600 Volt, More than 600 Volt), By End-User Industry (Telecommunications, Automotive, Enterprise, Medical, Industrial, Others), And By Geography - Forecasts From 2025 to 2030

The gallium nitride (GaN) power device market is projected to grow at a CAGR of 21.99% between 2025 to 2030.

Gallium Nitride, also known as GaN is a rigorous however mechanically stable wide bandgap semiconductor that has higher breakdown strength and faster switching speed. GaN has higher thermal conductivity however it has low resistance due to which it is considered an ideal semiconductor for electronics and other devices. Powered devices based on GaN technology show better performance than silicon-based devices, hence making the substance the most suitable material for power device semiconductors. Through a GaN epi layer over a silicon surface, manufacturers can efficiently reduce cost and optimize production since the layer enables the production of larger silicon wafers at a lower cost. GaN power devices are enabled with high voltage operation, high-temperature application, and high-frequency switching.

Burgeoning growth in the automotive and telecommunication industry during the forecasted period is calculated to be the prime reason that will be driving the market growth during the forecasted period. Medical sectors as well are projected to grow the demand for the market at a significant rate owing to an increase in investment in social security and healthcare services. The rising scope of semiconductors will also provide huge market prospects to the GaN power device market.

Burgeoning growth in the telecommunication sector will drive the market growth during the forecasted period.

The prime reason driving the market growth during the forecasted period is burgeoning growth in the telecommunication sector and technological advancement in the industry for better connectivity. Rising demand for connectivity for better communication and other services is driving the demand for services in the telecommunication industry. Increased internet penetration around the globe has led to skyrocketing scope for the telecommunication sector.

Data from the Cisco report predict that global IP traffic will grow at a quadruple rate to reach 4.8 zettabytes by 2022. The rise in communication devices, especially smartphones and smart devices will drive this market growth. In 2021, the number of smartphone users was 3.8 billion while mobile phone users were 4.88 billion. Mobile device users account for around 67% of the global population. The proportion is expected to increase at an exponential rate during the studied period which is anticipated to drive the GaN power device market.

Furthermore, the rising penetration of 4G network and development of 5G network are projected to open up new growth opportunities for the telecommunication market. The coronavirus pandemic also contributed significantly to booming the demand for networking and communication which expanded the market scope. Physical shutdown imposed to contain the spread of the virus shifted major economic operations to virtual platforms which sky-rocked the demand for telecommunication services.

Significant growth in the automotive industry is expected to provide notable growth prospects for the global gallium nitride power device industry.

Another key factor that is anticipated to contribute significantly to the market growth is notable growth in the automotive industry. Surging disposable income coupled with the raised standard of living is projected to escalate the demand for the automotive industry. Technological advancement has increased the constriction of self-driving and electric cars having renewable energy options which require solar panels and is expected to increase the adoption of GaN power devices.  Hyundai, for instance, launched a new electric car having a solar panel roof in February 2021, having the capability to charge other EVs. The rising preferability of GaN power devices in comparison with silicon power devices will increase the market share of GaN power devices in the automotive industry.

The Asia Pacific GaN power Device market is anticipated to have a noteworthy share on industry analysis.

Based on geography, the global GaN power device market is fragmented into North America, South America, Europe, the Middle East, and Africa, and Asia Pacific region. While the North American region is projected to dominate the market during the forecasted period, the Asia Pacific GaN power device market is anticipated to show robust growth potential. The prime reason for the region's growth is the mushrooming manufacturing industries, particularly the automotive industry, which is expected to derive the market growth of the GaN power device industry.

 In early 2020, global automotive companies such as Kia Motors, MG, Toyota, invested intensively in the development of new manufacturing plants in India. In 2021, domestic as well as foreign automotive companies increased their investment to escalate manufacturing in India. Moreover, in February 2021, Tesla Inc. set up a subsidiary plant in Bengaluru to introduce Tesla’s innovative cars in the Indian market. Booming growth in the automotive industry is expected to raise the market size of GaN power devices in India.  

The booming telecommunication industry in the sector is also projected to open up new market prospects. A rise in disposable income in the region and the growing penetration of mobile phones is expected to increase the market size. Moreover, probing 4G technology and upcoming 5G technology is expected to increase the market scope.

Key Market Segments

• By Device Type
  • Integrated Power Device
  • Discrete Power Device
• By Voltage Range
  • Less than 200 Volt
  • Between 200 to 600 Volt
  • More than 600 Volt
• By End-Users Industry
  • Telecommunication
  • Automotive
  • Enterprise
  • Medical
  • Industrial
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Thailand
    • Taiwan
    • Indonesia
    • Others

1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The Threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis

5. Global Gallium Nitride (GaN) Power Device Market, by Device Type
5.1. Introduction
5.2. Integrated Power Device
5.3. Discrete Power Device

6. Global Gallium Nitride (GaN) Power Device Market, by Voltage Range
6.1. Introduction
6.2. Less than 200 Volt
6.3. Between 200 to 600 Volt
6.4. More than 600 Volt

7. Global Gallium Nitride (GaN) Power Device Market, by End-Users Industry
7.1. Introduction
7.2. Telecommunication
7.3. Automotive
7.4. Enterprise
7.5. Medical
7.6. Industrial
7.7. Others 

8. Global Gallium Nitride (GaN) Power Device Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. Germany
8.4.2. France
8.4.3. United Kingdom 
8.4.4. Spain 
8.4.5. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Israel
8.5.4. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. India
8.6.3. South Korea
8.6.4. Taiwan
8.6.5. Thailand
8.6.6. Indonesia 
8.6.7. Japan
8.6.8. Others

9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrative
9.3. Mergers, Acquisition, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix

10. Company Profiles
10.1. Panasonic Corporation
10.2. Infineon
10.3. GaN Systems
10.4. VisIC Technologies
10.5. MACOM
10.6. Fujitsu
10.7. Qorvo
10.8. Texas Instruments
10.9. Mitsubishi Electric Corporation

Panasonic Corporation

Infineon

GaN Systems

VisIC Technologies

MACOM

Fujitsu

Qorvo

Texas Instruments

Mitsubishi Electric Corporation