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GaN Power Device Market by Device (GaN Power Discrete Devices, GaN Power ICs, GaN Power Module), Industry Vertical (Consumer Electronics, IT & Telecommunication, Automotive, Aerospace & Defense, Others (Industrial and Healthcare)) - Global Opportunity Analysis and Industry Forecast, 2014-2022

SE 171997
Pages: 172
May 2017 | 1803 Views
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Author's : Preeti Bisht and Gaurav Shukla
Tables: 43
Charts: 57
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GaN Power Device Market Overview:

Global GaN Power Device Market was valued at $16 million in 2015, and is projected to reach $273 million by 2022, growing at a CAGR of 48.0% during the forecast period. Gallium Nitride (GaN) transistors have evolved as an enhanced performance substitute of silicon-based transistors, owing to their ability of fabricating more compact devices for a given resistance value and breakdown voltage as compared to silicon devices.

The demand for GaN power device market is expected to rise during the forecast period, due to reduction in price of GaN devices, better performance as compared to silicon carbide (SiC) devices, increase in requirement of GaN devices for commercial RF applications, and rise in demand of GaN devices for wireless charging. However, lack of availability of GaN material restraints the GaN power device market growth. Government initiatives in High Voltage Direct Current (HVDC) and smart grid are anticipated to create new opportunities for the GaN power device market growth during the forecast period.

Segment Overview

The global GaN power devices market is segmented on the basis of device, industry vertical, and geography.

Declining Prices

The GaN power transistors and GaN modules have appeared in the GaN power device market recently. GaN has a wide band gap that offers comparable performance to SiC along with considerable cost reduction. This low price is possible, as the GaN power devices can be developed on silicon substrates that are easily available and incur less cost than SiC. GaN-on-Silicon (Si) devices are expected to achieve price parity with, and even superior performance as compared to silicon MOSFETs and insulated-gate bipolar transistors (IGBTs). This is expected to see boost market growth in terms of revenue. Hence, decrease in prices of GaN power devices is expected to spur its faster adoption across various industry verticals.

Asia-Pacific is expected to be the most Lucrative Region

The Asia-Pacific GaN Power Device market is expected to grow at the highest CAGR during the forecast period, owing to the presence of several developing nations, industrialization, and globalization.
Competitive Landscape

The report provides a comprehensive analysis of key market players and the significant strategies adopted by them. The key players include Efficient Power Conversion Corporation (EPC), GaN Systems, On Semiconductors, Panasonic Corporation, VisIC, Texas Instruments Inc., Toshiba Corporation, Fujitsu Limited, Infineon Technologies AG, and Taiwan Semiconductor Manufacturing Company.

Key Benefits

  • The study provides an in-depth analysis of the global GaN power device market to elucidate the prominent investment pockets.
  • Current trends and future estimations are outlined to determine the overall GaN power device market scenario.
  • The report provides information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
  • Geographically, the market is analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

GaN Power Device Market Key Segmentation:

By Device

  • GaN Power Discrete Devices
  • GaN Power ICs
  • GaN Power Modules

By Industry Vertical

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

By Geography

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • Efficient Power Conversion Corporation (EPC)
  • Fujitsu Limited
  • GaN Systems
  • Infineon Technologies AG
  • On Semiconductors
  • Panasonic Corporation
  • Taiwan Semiconductor Manufacturing Company
  • Texas Instruments Inc.
  • Toshiba Corporation
  • VisIC

Other Players in the value chain include (profiles not included in the report):

  • STMICROELECTRONICS
  • Cree Incorporated
  • Renesas Electronics Corporation
  • ABB Group
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Impacting Factors
3.2.2. Top Winning Strategies
3.2.3. Top Investment Pockets

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET PLAYER POSITIONING, 2016
3.5. MARKET DYNAMICS

3.5.1. Drivers
3.5.2. Restraint
3.5.3. Opportunities

Chapter: 4 GLOBAL GAN POWER DEVICES MARKET, BY DEVICE

4.1. OVERVIEW

4.1.1. Market Size and Forecast

4.2. GAN POWER DISCRETE DEVICES

4.2.1. Introduction
4.2.2. Key Market Trends, Growth Factors, and Opportunities
4.2.3. Market Size and Forecast

4.3. GAN POWER ICs

4.3.1. Introduction
4.3.2. Key Market Trends, Growth Factors, and Opportunities
4.3.3. Market Size and Forecast

4.4. GAN POWER MODULE

4.4.1. Introduction
4.4.2. Key Market Trends, Growth Factors, and Opportunities
4.4.3. Market Size and Forecast

Chapter: 5 GLOBAL GAN POWER DEVICES MARKET, BY INDUSTRY VERTICAL

5.1. OVERVIEW

5.1.1. Market Size and Forecast

5.2. CONSUMER ELECTRONICS

5.2.1. Introduction
5.2.2. Key Market Trends, Growth Factors, and Opportunities
5.2.3. Market Size and Forecast

5.3. IT & TELECOMMUNICATION

5.3.1. Introduction
5.3.2. Key Market Trends, Growth Factors, and Opportunities
5.3.3. Market Size and Forecast

5.4. AUTOMOTIVE

5.4.1. Introduction
5.4.2. Key Market Trends, Growth Factors, and Opportunities
5.4.3. Market Size and Forecast

5.5. AEROSPACE & DEFENSE

5.5.1. Introduction
5.5.2. Key Market Trends, Growth Factors, and Opportunities
5.5.3. Market Size and Forecast

5.6. OTHERS

5.6.1. Introduction
5.6.2. Key Market Trends, Growth Factors, and Opportunities
5.6.3. Market Size and Forecast

Chapter: 6 GLOBAL GAN POWER DEVICES MARKET, BY GEOGRAPHY

6.1. OVERVIEW

6.1.1. Market Size and Forecast

6.2. NORTH AMERICA

6.2.1. Introduction
6.2.2. Key Market Trends, Growth Factors, and Opportunities
6.2.3. Market Size and Forecast
6.2.4. U.S.

6.2.4.1. Market Size and Forecast

6.2.5. Canada

6.2.5.1. Market Size and Forecast

6.2.6. Mexico

6.2.6.1. Market Size and Forecast

6.3. EUROPE

6.3.1. Introduction
6.3.2. Key Market Trends, Growth Factors, and Opportunities
6.3.3. Market Size and Forecast
6.3.4. UK

6.3.4.1. Market Size and Forecast

6.3.5. Germany

6.3.5.1. Market Size and Forecast

6.3.6. France

6.3.6.1. Market Size and Forecast

6.3.7. Rest of Europe

6.3.7.1. Market Size and Forecast

6.4. ASIA-PACIFIC

6.4.1. Introduction
6.4.2. Key Market Trends, Growth Factors, and Opportunities
6.4.3. Market Size and Forecast
6.4.4. China

6.4.4.1. Market Size and Forecast

6.4.5. Japan

6.4.5.1. Market Size and Forecast

6.4.6. Taiwan

6.4.6.1. Market Size and Forecast

6.4.7. South Korea

6.4.7.1. Market Size and Forecast

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market Size and Forecast

6.5. LAMEA

6.5.1. Introduction
6.5.2. Key Market Trends, Growth Factors, and Opportunities
6.5.3. Market Size and Forecast
6.5.4. Latin America

6.5.4.1. Market Size and Forecast

6.5.5. Middle East

6.5.5.1. Market Size and Forecast

6.5.6. Africa

6.5.6.1. Market Size and Forecast

Chapter: 7 RELATED INDUSTRY INSIGHTS

7.1. POWER ELECTRONICS- GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECASTS, 2014 - 2022

7.1.1. Executive Summary

7.2. SILICON CARBIDE (SIC) MARKET - GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECASTS, 2014 - 2022

7.2.1. Executive Summary

Chapter: 8 COMPANY PROFILES

8.1. EFFICIENT POWER CONVERSION CORPORATION

8.1.1. Company Overview
8.1.2. Operating Business Segments
8.1.3. Business Performance
8.1.4. Key Strategic Moves and Developments

8.2. FUJITSU

8.2.1. Company Overview
8.2.2. Operating Business Segments
8.2.3. Business Performance
8.2.4. Key Strategic Moves and Developments

8.3. GAN SYSTEMS INC.

8.3.1. Company Overview
8.3.2. Operating Business Segments
8.2.3. Business Performance
8.3.4. Key Strategic Moves and Developments

8.4. INFINEON TECHNOLOGIES AG

8.4.1. Company Overview
8.4.2. Operating Business Segments
8.4.3. Business Performance
8.4.4. Key Strategic Moves and Developments

8.5. ON SEMICONDUCTOR

8.5.1. Company Overview
8.5.2. Operating Business Segments
8.5.3. Business Performance
8.5.4. Key Strategic Moves and Developments

8.6. PANASONIC CORPORATION

8.6.1. Company Overview
8.6.2. Operating Business Segments
8.6.3. Business Performance
8.6.4. Key Strategic Moves and Developments

8.7. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY

8.7.1. Company Overview
8.7.2. Operating Business Segments
8.7.3. Business Performance
8.7.4. Key Strategic Moves and Developments

8.8. TEXAS INSTRUMENTS INCORPORATED

8.8.1. Company Overview
8.8.2. Operating Business Segments
8.8.3. Business Performance
8.8.4. Key Strategic Moves and Developments

8.9. TOSHIBA CORPORATION

8.9.1. Company Overview
8.9.2. Operating Business Segments
8.9.3. Business Performance
8.9.4. Key Strategic Moves and Developments

8.10. VISIC

8.10.1. Company Overview
8.10.2. Operating Business Segments
8.10.3. Business Performance
8.10.4. Key Strategic Moves and Developments

LIST OF TABLES

TABLE 1. GLOBAL GAN POWER DEVICES MARKET, BY DEVICE, 2014-2022 ($MILLION)
TABLE 2. GLOBAL GAN POWER DISCRETE DEVICES MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 3. GLOBAL GAN POWER ICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 4. GLOBAL GAN POWER MODULE MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 5. GLOBAL GAN POWER DEVICES MARKET, BY INDUSTRY VETRICAL, 2014-2022 ($MILLION)
TABLE 6. GLOBAL CONSUMER ELECTRONICS GAN POWER DEVICES MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 7. GLOBAL IT & TELECOMMUNICATION GAN POWER DEVICES MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 8. GLOBAL AUTOMOTIVE GAN POWER DEVICES MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 9. GLOBAL AEROSPACE & DEFENSE GAN POWER DEVICES MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 10. GLOBAL OTHERS GAN POWER DEVICES MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 11. GAN POWER DEVICES MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 12. NORTH AMERICA: GAN POWER DEVICES MARKET, BY DEVICE, 2014-2022 ($MILLION)
TABLE 13. NORTH AMERICA: GAN POWER DEVICES MARKET, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION)
TABLE 14. NORTH AMERICA: GAN POWER DEVICES MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 15. EUROPE: GAN POWER DEVICES MARKET, BY DEVICE, 2014-2022 ($MILLION)
TABLE 16. EUROPE: GAN POWER DEVICES MARKET, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION)
TABLE 17. EUROPE: GAN POWER DEVICES MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 18. ASIA-PACIFIC: GAN POWER DEVICES MARKET, BY DEVICE, 2014-2022 ($MILLION)
TABLE 19. ASIA-PACIFIC: GAN POWER DEVICES MARKET, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION)
TABLE 20. ASIA-PACIFIC: GAN POWER DEVICES MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 21. LAMEA: GAN POWER DEVICES MARKET, BY DEVICE, 2014-2022 ($MILLION)
TABLE 22. LAMEA: GAN POWER DEVICES MARKET, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION)
TABLE 23. LAMEA: GAN POWER DEVICES MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 24. EFFICIENT POWER CONVERSION CORPORATION: COMPANY SNAPSHOT
TABLE 25. EFFICIENT POWER CONVERSION CORPORATION: OPERATING SEGMENTS
TABLE 26. FUJITSU: COMPANY SNAPSHOT
TABLE 27. FUJITSU: OPERATING SEGMENTS
TABLE 28. GAN SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 29. GAN SYSTEMS INC.: OPERATING SEGMENTS
TABLE 30. INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 31. INFINEON TECHNOLOGIES AG: OPERATING SEGMENTS
TABLE 32. ON SEMICONDUCTOR: COMPANY SNAPSHOT
TABLE 33. ON SEMICONDUCTOR: OPERATING SEGMENTS
TABLE 34. PANASONIC CORPORATION: COMPANY SNAPSHOT
TABLE 35. PANASONIC CORPORATION: OPERATING SEGMENTS
TABLE 36. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY: COMPANY SNAPSHOT
TABLE 37. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY: OPERATING SEGMENTS
TABLE 38. TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT
TABLE 39. TEXAS INSTRUMENTS INCORPORATED: OPERATING SEGMENTS
TABLE 40. TOSHIBA CORPORATION: COMPANY SNAPSHOT
TABLE 41. TOSHIBA CORPORATION: OPERATING SEGMENTS
TABLE 42. VISIC: COMPANY SNAPSHOT
TABLE 43. VISIC: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1. SEGMENTATIONS
FIGURE 2. TOP IMPACTING FACTORS
FIGURE 3. TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION (2013 - 2016)
FIGURE 4. TOP WINNING STRATEGIES: NATURE AND TYPE
FIGURE 5. TOP INVESTMENT POCKETS IN GLOBAL GAN POWER DEVICES MARKET, 2016
FIGURE 6. PORTERS FIVE FORCES ANALYSIS
FIGURE 7. MARKET PLAYER POSITIONING, 2016
FIGURE 8. GAN POWER DEVICES MARKET, BY DEVICE
FIGURE 9. GAN POWER DEVICES MARKET SEGMENTATION, BY DEVICE
FIGURE 10. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL GAN POWER DISCRETE DEVICES MARKET, 2015 & 2022 (%)
FIGURE 11. MARKET REVENUE & FORECAST OF GLOBAL GAN POWER DISCRETE DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 12. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL GAN POWER ICS MARKET, 2015 & 2022 (%)
FIGURE 13. MARKET REVENUE & FORECAST OF GLOBAL GAN POWER ICS MARKET, 2014-2022 ($MILLION)
FIGURE 14. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL GAN POWER MODULE MARKET, 2015 & 2022 (%)
FIGURE 15. MARKET REVENUE & FORECAST OF GLOBAL GAN POWER MODULE MARKET, 2014-2022 ($MILLION)
FIGURE 16. GAN POWER DEVICES MARKET SHARE, BY INDUSRTY VERTICAL (2015)
FIGURE 17. GAN POWER DEVICES MARKET SEGMENTATION, BY INDUSRTY VERTICAL
FIGURE 18. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL CONSUMER ELECTROCNICS GAN POWER DEVICES MARKET, 2015 & 2022 (%)
FIGURE 19. MARKET REVENUE & FORECAST OF GLOBAL CONSUMER ELECTRONICS GAN POWER DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 20. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL IT & TELECOMMUNICATION GAN POWER DEVICES MARKET, 2015 & 2022 (%)
FIGURE 21. MARKET REVENUE & FORECAST OF GLOBAL IT & TELECOMMUNICATION GAN POWER DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 22. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL AUTOMOTIVE GAN POWER DEVICES MARKET, 2015 & 2022 (%)
FIGURE 23. MARKET REVENUE & FORECAST OF GLOBAL AUTOMOTIVE GAN POWER DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 24. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL AEROSPACE & DEFENSE GAN POWER DEVICES MARKET, 2015 & 2022 (%)
FIGURE 25. MARKET REVENUE & FORECAST OF GLOBAL AEROSPACE & DEFENSE GAN POWER DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 26. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL OTHERS GAN POWER DEVICES MARKET, 2015 & 2022 (%)
FIGURE 27. MARKET REVENUE & FORECAST OF GLOBAL OTHERS GAN POWER DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 28. GAN POWER DEVICES MARKET SHARE, BY GEOGRAPHY (2015)
FIGURE 29. NORTH AMERICA GAN POWER DEVICES MARKET
FIGURE 30. U.S.: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 31. CANADA: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 32. MEXICO: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 33. EUROPE: GAN POWER DEVICES MARKET
FIGURE 34. UK: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 35. GERMANY: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 36. FRANCE: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 37. REST OF EUROPE: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 38. ASIA-PACIFIC: GAN POWER DEVICES MARKET
FIGURE 39. CHINA: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 40. JAPAN: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 41. TAIWAN: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 42. SOUTH KOREA: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 43. REST OF ASIA-PACIFIC: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 44. LAMEA: GAN POWER DEVICES MARKET
FIGURE 45. LATIN AMERICA: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 46. MIDDLE EAST: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 47. AFRICA: GAN POWER DEVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 48. EFFICIENT POWER CONVERSION CORPORATION: COMPANY SNAPSHOT
FIGURE 49. FUJITSU: COMPANY SNAPSHOT
FIGURE 50. GAN SYSTEMS INC.: COMPANY SNAPSHOT
FIGURE 51. INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
FIGURE 52. ON SEMICONDUCTOR: COMPANY SNAPSHOT
FIGURE 53. PANASONIC CORPORATION: COMPANY SNAPSHOT
FIGURE 54. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY: COMPANY SNAPSHOT
FIGURE 55. TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT
FIGURE 56. TOSHIBA CORPORATION: COMPANY SNAPSHOT
FIGURE 57. VISIC: COMPANY SNAPSHOT

 

Gallium Nitride (GaN) has gradually emerged as a sustainable semiconductor material in imminent power electronic converters. The useful properties of GaN, such as its wide band gap and the prospect to form hetero structures, make the optimization of the power conversion possible. Although GaN power devices are in an initial phase, they have already surpassed the silicon counterparts. GaN is applied in optical and high-speed electronic devices, and has gained considerable impetus in recent years for power electronics applications. High-voltage transistors over 600 V have been reported to gain a high growth rate in terms of revenue. Over the past decade, the performance of GaN power devices has been quickly improving.

The preference of GaN over other wide band gap materials like Silicon Carbide (SiC) and diamond, as they offer similar, if not better performance than its counterparts in comparatively low cost. In addition, their advantageous properties, such as high frequency switching, and compact size, also help to spur their demand in the market. GaN switching devices are anticipated to replace metal oxide semiconductor field effect transistors (MOSFETs) in majority of the switching power supply applications in the coming years.

GaN Power Modules accounts for the majority of market share in the device segment, owing to their wide scale operation across several applications, such as high voltage applications where low current loss is a priority. GaN power ICs are anticipated to grow with a fast-paced rate in the forthcoming years.

The North American region held the highest share in the market, owing to the presence of developed nations that possess an established IT & telecommunication vertical, which has the highest revenue share in the market.

Key players in the GaN Power Devices market are Efficient Power Conversion Corporation (EPC), GaN Systems, On Semiconductors, Panasonic Corporation, VisIC, Texas Instruments Inc., Toshiba Corporation, Fujitsu Limited, Infineon Technologies AG, and Taiwan Semiconductor Manufacturing Company.

 

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