Gallium Nitride Semiconductor Devices

Global Gallium Nitride Semiconductor Devices Market Size, Share & Trends Analysis Report by End-User (Automotive, Consumer Electronics, Defense & Military Equipment, Medical Devices, and Others), By Device Type (LED, Transistor and Nanotubes) And Forecast, 2019 – 2025Due to technological advancement, gallium nitride semiconductor devices are outpacing conventional devices such as SiC (Silicon carbide) semiconductors. A growing number of electronic products, technological developments, an increasing number of applications of gallium nitride in semiconductor devices are some of the major factors contributing to market growth. With the advent of nanoelectronics devices, the market is estimated to generate opportunities in the nanotechnology sector. IoT devices are one such instance that is estimated to create an opportunistic market. IoT devices are increasing rapidly with the evolution of technology which as a result augmenting the growth rate for global gallium nitride semiconductor devices market. The automotive sector is estimated to emerge with HEV (Hybrid Electric Vehicles) and electric vehicles. Due to the increase in HEV sector, the market for gallium nitride semiconductor is estimated to grow at a significant rate.
With the technological advancement in communication and medical devices, the market is estimated to generate a huge number of opportunities during the forecast period. Global gallium nitride semiconductor devices market is segmented on the basis of end-user into automotive, consumer electronics, defense & military equipment, medical devices, and others. Consumer electronics segment contributes the major share due to the increasing number of users for electronic devices. Moreover, the growing product portfolio of the companies offers a number of electronic devices for various applications. Therefore, the increase in electronic products due to technological advancement, the market is growing substantially. Technological development in defense and military equipment is paving the positive environment for gallium nitride-based semiconductor devices. In the geographic overview, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. Among all the regions, North America is dominating the global gallium nitride semiconductor devices market followed by Europe. Asia-Pacific is estimated to grow with the highest CAGR due to the rising number of users for electronic devices.
Global gallium nitride semiconductor devices market comprises of various companies such as ALLOS Semiconductor GmbH, Qorvo, Inc., Epigallium nitride nv, Aixtron SE, Toshiba Corp., Texas Instruments Inc., Transphorm, Inc., Mersen S.A., gallium nitride Systems, Inc., and others. Product portfolio expansion is one of the key strategies adopted by market players. Technological advancement in nanotechnology is keeping market players on edge. Companies are expanding operational facilities in the potential regions in order to expand the consumer base.
RESEARCH METHODOLOGY
The market study of the global gallium nitride semiconductor devices market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
• Financial reports of companies involved in the market
• Authentic Public Databases such as the World Bank, India Brand Equity Foundation (IBEF) and others
• Whitepapers, research-papers and news blogs
• Company websites and their product catalog.
The report is intended for electrical & electronic companies, research organizations, companies working on advanced technology, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
Global gallium nitride semiconductor devices market is segmented on the basis of regional outlook and following segments:
1. Global Gallium Nitride Semiconductor Devices Market Research and Analysis by End-User
2. Global Gallium Nitride Semiconductor Devices Market Research and Analysis by Device Type
3. Global Gallium Nitride Semiconductor Devices Market Research and Analysis by Geography

OMR Report Covers:
• Comprehensive research methodology of the global gallium nitride semiconductor devices market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global gallium nitride semiconductor devices market.
• Insights about market determinants which are stimulating the global gallium nitride semiconductor devices market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.