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.
The Gallium Nitride report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2027. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
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Top competitors of the Gallium Nitride Market profiled in the report 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.
The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Gallium Nitride market analysis provides everything a business owner needs in order to succeed.
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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
Regional Analysis of the Gallium Nitride Market:
- 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)
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Key Objectives of the Report:
- Analysis and estimation of the Gallium Nitride market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Gallium Nitride market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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