GaN Semiconductor devices are also known as Gallium Nitride semiconductor devices which are widely used in LED diodes. It has more advantages over silicon technology in terms of power handling capacity and temperature. GaN semiconductor devices have unique properties such as low resistance, high speed switching capacity, high operating temperature, high current density, and high electric strength.

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Market Drivers
The rise in demand for power electronics due to their low power consumption and efficiency is expected to boost the global GaN semiconductor devices market growth. Gallium Nitride semiconductors posses various electrical properties like large electric field, higher saturation velocity, high thermal conductivity, and high breakdown voltage, which make them an ideal choice for use in a various switching devices. Furthermore, the rise in demand for GaN semiconductor in defense & aerospace is expected to propel the global GaN semiconductor devices market growth. These devices are extensively used in different sectors including automotive, consumer electronics, and healthcare. Moreover, the increase in demand for wireless devices, the rapid evolution of automated devices is expected to fuel the market growth during this forecast timeline.

Market Restraints
High material and fabrication cost are the major restraint which expected to hamper the global GaN semiconductor devices market growth. Also, the increase in competition from silicon carbide technology will limit the global GaN semiconductor devices market growth.

Market Key Play Players
Various key players are discussed in this report such as Cree, Inc., Toshiba Corporation, Texas Instruments Incorporated, Qorvo, Inc., NXP Semiconductor, NexGen Power Systems, Infineon Technologies AG, GaN Systems, Fujitsu Ltd.,and Efficient Power Conversion Corporation

Market Taxonomy
By Product
• GaN Radio Frequency Devices
• Opto-semiconductors
• Power Semiconductors
By Component
• Diode
• Transistor
• Rectifier
• Power IC
• Others
By Wafer Size
• 2-inch
• 4-inch
• 6-inch
• 8-inch
By End Use
• Consumer Electronics
• Automotive
• Defense & Aerospace
• Healthcare
• Information & Communication Technology
• Industrial & Power
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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