Gallium Nitride Market Analysis By Product And Segment Forecasts, 2021

Global Gallium Nitride Market – Overview:

The latest market intelligence report, titled ‘Global Gallium Nitride Market’, is intended to provide the target audience with the necessary information about the global Gallium Nitride industry. The report comprises a detailed analysis of the vital elements of the Gallium Nitride market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Gallium Nitride market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Gallium Nitride market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.

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. Following the footsteps of aftermarket companies such as Anker, Belkin, AUKEY, and RAVpower, OEMs such as Samsung, Lenovo, and Oppo have started using gallium nitride for fast chargers’ mass production. Gallium nitride offers a thousand times more speed over silicon, giving the advantage of three times faster charging in weight and size, which is around half of the silicon-based chargers.

COVID-19 Impact Analysis:

This report is the latest document encompassing the massive changes that took place in the Gallium Nitride market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Gallium Nitride market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Gallium Nitride industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.

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Global Gallium Nitride Market Report – Table of Contents:

Chapter 1 includes the global Gallium Nitride market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Gallium Nitride market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Gallium Nitride market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Gallium Nitride industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.

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Regional Overview:

The global Gallium Nitride market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Gallium Nitride market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Leading companies profiled in the report:

DOWA Electronics Materials Co. Ltd., Cree Inc., American Elements, Furukawa Co. Ltd., Mitsubishi Chemical Corporation, Kyma Technologies Inc., Soitec, IQE PLC, Infineon Technologies, Nitride Semiconductors Co. Ltd.

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Global Gallium Nitride Market Segmentation:

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

The report considers the following timeline for market estimation:

Historical Years: 2018-2019
Base Year: 2020
Estimated Year: 2030
Forecast Years: 2021-2030

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