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GaN Power ICs Market: Introduction

  • Gallium Nitride is the semiconductor material with hexagonal and hard crystal structure. This material has band gap which is over 3 times that of silicon, and hence it is called wide band gap GaN Power IC. This feature of wide band gap helps to develop semiconductors with short or narrow depletion region.
  • The short and narrow depletion region causes shorter current path, due to which ultra-low resistance and capacitance is achieved. This enables speed which is 100 times faster than silicon based devices. Thus, the GaN technology handles large electric fields in much smaller form factor as compared to conventional silicon.
  • In addition, the GaN technology operates at higher temperature than its silicon-based counterpart. The usage of GaN power ICs is growing in power switching and conversion applications. This addresses the demand for system and performance improvement.

Wide range of applications of GaN power ICs driving market growth

  • The usage of GaN power ICs is increasing in various industries. Currently, the largest market is mobile fast charging adaptors. These adaptors are half the size and weight as that of silicon-based adaptors. Also, GaN power ICs are being deployed in data centers as the network traffic is growing. Gallium nitride is overtaking silicon chip in data centers due to its ability to process power efficiently.
  • GaN power ICs are increasingly being used in the automotive industry for power conversion and battery charging in hybrid and electric vehicles. It is also found in inverters employed for solar power installations. These applications are driving the growth of the GaN power ICs market.

Increasing usage of GaN devices in aerospace and defense sector

  • Rising need for increased bandwidth, performance reliability in communications, electronic warfare, and radars is being seen. GaN ICs are used in radars to enable efficient navigation, collision avoidance, and real time air traffic control. Also, the high operating frequencies enable these devices to be used in radar communications, terrestrial radios, and military jammers.
  • Further, there is increasing usage of GaN power transistors in amplifiers for software-defined radios. These factors are driving the market for GaN power ICs.

Maximum Growth to be observed in the Asia Pacific Market

  • In terms of region, the global GaN power ICs market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
  • The GaN power ICs market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period.
  • This growth is attributed to a wide range of applications, features of GaN power ICs, growing technological advancements, and increasing adoption in automotive and consumer electronics.
  • The GaN power ICs market in North America and Europe is expected to show high growth rate due to increasing competition among players. The market in Middle East & Africa is likely to show slow growth due to lack of manufacturers.

Key Players in the Global Market

The global GaN power ICs market is highly fragmented due to the presence of a large number of manufacturers. Prominent players operating in the global market are focusing on product launch and technological developments to meet the growing demand.

Key players operating in the global GaN power ICs market include:

  • Infineon Technologies AG
  • Texas Instruments
  • Fujitsu Limited
  • GaN Systems
  • Toshiba Corporation

Global GaN Power ICs Market: Research Scope

Global GaN Power ICs Market, by End-users

  • Consumer Electronics
  • IT & Telecommunication
  • Automotive
  • Aerospace & Defense
  • Others

Global GaN Power ICs Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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