Advances in Gallium Nitride: Understanding the Market and Its Potential

A novel report on global Gallium Nitride Market is published by Emergen Research, offering current developments and emerging trends of the market. The report offers a comprehensive overview of the market along with details about market size, market share, revenue growth, and top companies. The report covers all crucial and essential information related to global Gallium Nitride Market to help readers, investors, clients to gain a thorough understanding of the market and invest accordingly. Various advanced statistical tools such as SWOT analysis or Porter’s Five Forces are used in the report. 

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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.

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 terrain:

The global Gallium Nitride industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Key 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, and Nitride Semiconductors Co. Ltd., among others.

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Segmental Analysis

The global Gallium Nitride market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Gallium Nitride sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

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
    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

Key reasons to buy the Global Gallium Nitride Market report:

The latest report comprehensively studies the global Gallium Nitride market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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Regional Analysis Covers:

North America (US, Canada)

Europe (UK, 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, UAE, South Africa, Rest of MEA)

Research Report on the Gallium Nitride Market Addresses the Following Key Questions:

Who are the dominant players of the Gallium Nitride market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Gallium Nitride market?

What are the key growth drivers and restraining factors of the Gallium Nitride market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

What is the overall impact of the COVID-19 pandemic on the Gallium Nitride market and its key segments?

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https://www.globenewswire.com/news-release/2020/12/14/2144841/0/en/Gallium-Nitride-Market-Size-To-Be-Worth-USD-320-4-Million-by-2027-Growing-at-a-CAGR-of-20-8-Emergen-Research.html

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