One of the major factors influencing the growth of the market is the growing demand for gallium nitride devices in consumer electronics.
VANCOUVER, BC, CANADA, September 23, 2021 /EINPresswire.com/ – The global gallium nitride market is expected to reach $ 320.4 million by 2027, according to current analysis by Emergen Research. The gallium nitride market is seeing strong demand attributed to the growing demand for gallium nitride devices in consumer electronics. Gallium nitride is gaining popularity in the market and replacing silicon for use in fast chargers for laptops and smart devices. In the past two years, the screen and battery size of smartphones has seen a significant increase, which in turn leads to an increase in the power consumption of smartphones, thus pushing the charger market. fast.
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The research report calls attention to the profound impact of the COVID-19 pandemic on the global Gallium Nitride market and its crucial segments. The report assesses the key factors influencing the growth of the market and considers the COVID-19 pandemic as one of the elements contributing to the economic downturn in the market. The pandemic has altered various aspects of the Global Gallium Nitride market scenario. However, this report offers an in-depth analysis of the COVID-19 impact of the market to help readers gain knowledge about the significant effects of the outbreak on the present and future scenario of this business space. Therefore, this is the most recent report providing comprehensive coverage of the current economic situation that has caused a global health crisis.
Highlights of the report
In September 2019, Mitsubishi Electric Corporation declared the development of GaN-HEMT in a multicellular structure in partnership with the National Institute of Advanced Industrial Science and Technology (AIST) and the Research Center for Ubiquitous MEMS and Microengineering. The transistor is attached directly to a heat-dissipating single crystal diamond substrate with high thermal conductivity.
North America, led by the United States, had a significant market share in 2019, attributed to rapid advancements in the automotive and aerospace industries and growing demand for semiconductor devices in several applications, including military and medical. .
Major participants 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.
Market segmentation :
The report categorizes the market into different key segments on the basis of types and applications, as well as key regional segmentation. The report offers an overview of the segment which is expected to gain traction over the forecast period and the region which is expected to dominate the market in the coming years.
Substrate Type Outlook (Revenue, USD Billion; 2017-2027)
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Radio frequency devices
Military & Defense
Servers and Data Centers
Solar photovoltaic technology
Additionally, the report offers market share data for the global spread of the Gallium Nitride industry. Key geographies such as North America, Europe, Asia Pacific, Latin America, Middle East, and Africa are studied to assess market size, market share, production and consumption models, import / export, supply and demand ratio and income contributions. In addition, the regions are also studied to understand the functioning of the key players located in the region.
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Target Audience of the Global Gallium Nitride Market report:
Global Gallium Nitride Market vendors, traders, distributors and suppliers
Research organizations, end-use industries, consultancy organizations and various alliances related to this sphere of activity.
Independent regulatory authorities, government agencies and policy makers.
Chapter 1. Methodology and sources
1.1. Market definition
1.2. Scope of research
1.4. Research sources
1.4.3. Paid sources
1.5. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2019-2027
Chapter 3. Main information
Chapter 4. Gallium Nitride Market Segmentation and Impact Analysis
4.1. Materials Segmentation Analysis of Gallium Nitride Market
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market Driver Analysis
188.8.131.52. Growing demand for GaN devices in consumer electronics
184.108.40.206. Growing demand in radio frequency applications
220.127.116.11. Growing adoption of electric vehicles
4.2.3. Analysis of market constraints
18.104.22.168. 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 assessment
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