Unlocking the Potential of Gallium Nitride: An In-Depth Look at the Market
Global Gallium Nitride Market Research Report and Forecast to 2027 is an investigative report providing an extensive study of the global Gallium Nitride Market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Gallium Nitride Market on the global and regional scale, along with a thorough forecast estimation to 2019. The new report is updated with the impact of the COVID-19 pandemic on the Gallium Nitride Market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region.
The global gallium nitride market is projected to be worth USD 320.4 Million by 2027. 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.
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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.
Competitive Outlook:
The global Gallium Nitride market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Gallium Nitride market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Some major companies 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.
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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.
The global Gallium Nitride market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Gallium Nitride market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Gallium Nitride market.
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
- Wireless Infrastructure
- Satellite Communication
- Military & Defense
- Others
- Power Electronics
- Power Supply
- Electric Vehicle
- LiDAR
- Servers & Data Centers
- Wireless Power
- Solar Photovoltaic Technology
- Envelope Tracking
- Others
- Optoelectronics
- LED
- LASER
- Others
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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Gallium Nitride market?
What are the key product types and applications of the Gallium Nitride industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Gallium Nitride market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Gallium Nitride Market by 2027?
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