The global gallium nitride market is projected to be worth USD 320.4 Million by 2027, according to a current analysis by Emergen Research. The gallium nitride market is observing high demand attributed to the growing demand for gallium nitride devices in consumer electronics. Gallium nitride is garnering significant traction in the market and is replacing silicon for use in fast chargers for laptops and smart devices. In the last couple of years, the screen and battery size of smartphones have witnessed a significant increase, which, in turn, is causative of increased power consumption for smartphones, thereby pushing the market for fast chargers. 

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Competitive Overview

The global Gallium Nitride industry is highly competitive owing to the presence of several renowned market players, which are keen on enhancing their market shares, implementing different marketing strategies. The leadingcompanies functioning in the business sphere are profiled on the basis of their product portfolios, product differentiation, product price, quality, brand, etc. Researchers have observed that themarket playersare increasingly shifting their focus towards product customization with the help of robust customer interaction. The report enumerates the varying operating patterns of these vendors, such as partnerships & collaborations, mergers & acquisitions, and product launches. Furthermore, it includes a list of the leading vendors in the market. The leading players profiled in the report include DOWA Electronics Materials Co. Ltd., Cree Inc., American Elements, Furukawa Co. Ltd., Mitsubishi Chemical Corporation, Kyma Technologies Inc., Soitec, IQE PLC, Infineon Technologies, and Nitride Semiconductors Co. Ltd., among others.

Key Highlights From The Report

• Gallium nitride finds application in smaller electronics, high-performance EVs and is the primary material for modern-day LED lighting solutions.
• Gallium nitride is of immense significance in photovoltaic cells by enabling them to realize much higher power density than the silicon-based photovoltaic cell.
• North America, led by the US, held a significant market share in 2019 attributed to the swift advancements in the automotive and aerospace sectors and surging demand for semiconductor devices in several applications, including military and medical.

Emergen Research has segmented the global gallium nitride market on the basis of substrate type, distribution channel, application, and region:

• Substrate Type Outlook (Revenue, USD Billion; 2017-2027)
  • GaN-on-SiC
  • GaN-on-Si
  • GaN-on-Sapphire
  • Others
• Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
  • Online
  • Offline
• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Radio Frequency Devices
    1. Wireless Infrastructure
    2. Satellite Communication
    3. Military & Defense
    4. Others
  • Power Electronics
    1. Power Supply
    2. Electric Vehicle
    3. LiDAR
    4. Servers & Data Centers
    5. Wireless Power
    6. Solar Photovoltaic Technology
    7. Envelope Tracking
    8. Others
  • Optoelectronics
    1. LED
    2. LASER
    3. Others

Regions Covered in This Report:

1. North America(U.S., Mexico, and Canada)
2. Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
3. Europe(U.K., Germany, France, and Rest of Europe)
4. Latin America(Brazil and Rest of Latin America)
5. Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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Key points covered in the report:

1. The latest report based on the global Gallium Nitride market includes an elaborate list of the company profiles of the leading market players.
2. The report throws light on certain significant aspects, such as manufacturing/production capacity, sales, future expansion strategies, and technological capabilities of these market players.
3. The report emphasizes the primary application areas of the global market and therefore provides a precise account of the market to enable the interested readers to gain crucial insights into the global market mechanism.
4. The report involves a SWOT analysis of the global Gallium Nitride market. In the concluding part of the report, the opinions of several industry experts and professionals have been included.
5. The report elucidates vital information about investors, stakeholders, policymakers, manufacturers, suppliers, service providers, and the leading contenders in this market.

Table of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Gallium Nitride Market Segmentation & Impact Analysis
    4.1. Gallium Nitride Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growing demand for GaN devices in consumer electronics
                    4.2.2.2. Growing demand in radio frequency applications
                    4.2.2.3. Growing adoption of electric vehicles
          4.2.3. Market restraints analysis
                    4.2.3.1. Availability of substitutes
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

CONTINUED…!

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