Published by Coherent Market Insights
Posted on September 27, 2021
United States/WA: The global GaN Power Device market is estimated to account for US$ 2.20 Billion by 2025
Report Pages:[166 Pages]
Major Key Companies Involving in Gallium Nitride Power Device Market:
Cree Inc., Efficient Power Conversion (EPC) Corporation, Infineon Technologies, GaN Systems Inc., Macom, Microsemi Corporation, Mitsubishi Electric Corporation, Navitas Semiconductor, Qorvo, Inc., and Toshiba Electronic Devices & Storage Corporation.
Technological advancements related to GaN power devices are enhancing the computational power of all systems, which in turn is expected to boost the market growth. For instance, in December 2017, Yuji Zhao, an electrical and computer expert from Arizona State University received a three year grant of US$ 750,000 from National Aeronautics and Space Administration’s (NASA) Hot Operating Temperature Technology (HOTTech) program for the gallium nitride processor for applications in space. Moreover, in January 2018, Corsair launched Corsair AX1600i featuring off-the shelf efficiency, ripple suppression, noise levels, voltage regulation, and highly compact power supply unit. These two instances of technological developments are primarily based on the utilization of gallium nitride-based materials.
The recent past has witness high proliferation of electric vehicles and increasing adoption of electrical and electronic components in internal combustion engines for enhanced and convenient control among users. For instance, according to Coherent Market Insights, vehicle electrification technologies are expected to exhibit a CAGR of over 8.8% over the forecast period and is expected to be valued at over US$ 120 billion by 2025. Increasing adoption of autonomous vehicles is expected to raise demand for efficient communication systems featuring high frequency bandwidth and robust operations. This in turn, is expected to fuel growth of the market for GaN power devices over the forecast period.
Request a sample PDF copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/1221
High cost of systems featuring integration of gallium nitride components due to intensive nature of materials and manufacturing procedures are expected to hamper growth of the market over the forecast period. Moreover, GaAs components are widely used in small signal monolithic microwave integrated circuit (MMIC) and low noise amplifier (LNA). Application of gallium nitride semiconductor is expected to become mainstream component. However, requirement of considerable time, and cost factor are expected to hamper market growth over the forecast period.
Asia Pacific accounts for the largest population base and is also the largest market for key end-use industries, which in turn, contributing to the largest consumer base of GaN power devices. For instance, according to Coherent Market Insights’ analysis, China and India contribute to around 35% of the global population base. Moreover, largest consumer base for automotive, consumer electronics, communication, and industrial manufacturing is expected to drive regional market growth over the forecast period.
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What Sets Coherent Market Insights Apart From the Rest?
Flawless, prompt, and efficient customer support
Accurate representation of knowledge collected from trustworthy secondary and first sources
Addressing over 300 client queries each day
The systematic and methodical market research process
Successfully delivered customized reports to clients from over 60 countries.
In the end, Our business offerings show the latest and the most reliable information crucial for businesses to strengthen a competitive edge. The report then emphasizes on market driving factors, opportunities regulating the market growth, as well as emerging opportunities, potential technical advancements of the Gallium Nitride Power Device Market.
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Gallium Nitride Power Device Market to Grow with Growing Demand from Automotive and Electronics Industry appeared first on Gatorledger.
United States/WA: The global GaN Power Device market is estimated to account for US$ 2.20 Billion by 2025
Report Pages:[166 Pages]
Major Key Companies Involving in Gallium Nitride Power Device Market:
Cree Inc., Efficient Power Conversion (EPC) Corporation, Infineon Technologies, GaN Systems Inc., Macom, Microsemi Corporation, Mitsubishi Electric Corporation, Navitas Semiconductor, Qorvo, Inc., and Toshiba Electronic Devices & Storage Corporation.
Technological advancements related to GaN power devices are enhancing the computational power of all systems, which in turn is expected to boost the market growth. For instance, in December 2017, Yuji Zhao, an electrical and computer expert from Arizona State University received a three year grant of US$ 750,000 from National Aeronautics and Space Administration’s (NASA) Hot Operating Temperature Technology (HOTTech) program for the gallium nitride processor for applications in space. Moreover, in January 2018, Corsair launched Corsair AX1600i featuring off-the shelf efficiency, ripple suppression, noise levels, voltage regulation, and highly compact power supply unit. These two instances of technological developments are primarily based on the utilization of gallium nitride-based materials.
The recent past has witness high proliferation of electric vehicles and increasing adoption of electrical and electronic components in internal combustion engines for enhanced and convenient control among users. For instance, according to Coherent Market Insights, vehicle electrification technologies are expected to exhibit a CAGR of over 8.8% over the forecast period and is expected to be valued at over US$ 120 billion by 2025. Increasing adoption of autonomous vehicles is expected to raise demand for efficient communication systems featuring high frequency bandwidth and robust operations. This in turn, is expected to fuel growth of the market for GaN power devices over the forecast period.
Request a sample PDF copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/1221
High cost of systems featuring integration of gallium nitride components due to intensive nature of materials and manufacturing procedures are expected to hamper growth of the market over the forecast period. Moreover, GaAs components are widely used in small signal monolithic microwave integrated circuit (MMIC) and low noise amplifier (LNA). Application of gallium nitride semiconductor is expected to become mainstream component. However, requirement of considerable time, and cost factor are expected to hamper market growth over the forecast period.
Asia Pacific accounts for the largest population base and is also the largest market for key end-use industries, which in turn, contributing to the largest consumer base of GaN power devices. For instance, according to Coherent Market Insights’ analysis, China and India contribute to around 35% of the global population base. Moreover, largest consumer base for automotive, consumer electronics, communication, and industrial manufacturing is expected to drive regional market growth over the forecast period.
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
What Sets Coherent Market Insights Apart From the Rest?
Flawless, prompt, and efficient customer support
Accurate representation of knowledge collected from trustworthy secondary and first sources
Addressing over 300 client queries each day
The systematic and methodical market research process
Successfully delivered customized reports to clients from over 60 countries.
In the end, Our business offerings show the latest and the most reliable information crucial for businesses to strengthen a competitive edge. The report then emphasizes on market driving factors, opportunities regulating the market growth, as well as emerging opportunities, potential technical advancements of the Gallium Nitride Power Device Market.
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Gallium Nitride Power Device Market to Grow with Growing Demand from Automotive and Electronics Industry appeared first on Gatorledger.
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