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GaN Power Device Market by Device (GaN Power Discrete Devices, GaN Power ICs, and GaN Power Modules) and Application (Consumer Electronics, IT & Telecommunication, Automotive, Aerospace & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A01667
Pages: 225
May 2020 | 8394 Views
 
Author(s) : Shantanu Sachan & Ankit Prajapati
Tables: 61
Charts: 61
 

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GaN Power Device Market Outlook - 2027

The GaN power device market size is worth $110.3 million in 2019, and is projected to reach $1,244.9 million by 2027, to register a CAGR of 35.4% during the GaN power device market 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. These power devices can attain extremely low-resistance and high-frequency switching. These properties are exploited in high-efficiency power supplies, electric vehicle (EV), hybrid electric vehicle (HEV), photovoltaic inverters, and RF switching. Moreover, these devices are applicable in power supplies for server, IT equipment, high-efficiency & stable power supplies, and EV & HEV devices. Therefore, the increased application influences the GaN power device market growth. 

GaN-power-DeviceMarket,-2020-2027

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Increase in demand for GaN in radio frequency equipment; rise in adoption in the telecommunication industry has influenced the GaN power device market and surge in demand for AC fast charger, LiDAR, and wireless power drive the GaN power device market growth. Moreover, these devices are more advantageous as compared to silicon devices. However, preference of silicon carbide (SiC) in high-voltage semiconductor applications restrains the market growth. On the contrary, requirement of GaN power devices in electric and hybrid vehicle provides new opportunities for the players operating in the market.

Segment Overview

The global GaN power devices market is segmented on the basis of device, application, and region. Based on device, the market is categorized into GaN power discrete devices, GaN power ICs, and GaN power module. By application, the market is classified into consumer electronics, IT & telecommunication, automotive, aerospace & defense, and others. Region wise, it is analyzed across North America (the U.S., Mexico, and Canada), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, Taiwan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). 

Top Impacting Factors

Some of the factors that drive the market growth include decrease in prices of GaN devices, rise in demand for GaN devices for wireless charging, increase in installation of GaN devices in electric vehicle, and surge in requirement of GaN devices for commercial RF applications. However, lack of availability of GaN material restrains the market growth. Moreover, government initiatives in HVDC and smart grid are anticipated to provide lucrative opportunities for the market growth during the forecast period.
Some major factors impacting the market growth are given below:

Decrease in prices of GaN devices

As per the GaN power device market trend, decrease in prices of GaN power devices is expected to drive its adoption across various industry verticals. Recently launched GaN power transistors and modules have a wide band gap that offers comparable performance to SiC, with considerable cost reduction. This cost reduction can be achieved, as the GaN power devices can be developed on silicon substrates that have greater ease of availability and incur less cost than SiC. GaN-on-silicon devices are expected to achieve price parity with and even superior performance as compared to silicon metal–oxide–semiconductor field-effect transistors (MOSFETs) and insulated-gate bipolar transistors (IGBTs). Therefore, the GaN power device market is projected to witness a rapid upsurge in terms of revenue.  

Rise in demand for GaN devices for wireless charging

Wireless charging company, WiTricity Corp., demonstrated wireless charging using GaN field effect transistor (FET). Switching speed of GAN FET allows enhanced efficiency of resonant wireless power transfer as compared to silicon MOSFETs. At higher frequencies, silicon-based power MOSFETs approach the limit of their switching capability, which makes their operation limited. As GaN power devices have very high switching capability, they are used in wireless charging applications. GaN transistors are superior for the carrier frequency in resonant transfer, which allows it to transfer power at a distance, across a wide range of consumer, medical, industrial, and automotive applications. Therefore, improving the the Moreover, decrease in price of GaN devices is another factor that drives their demand in wireless charging applications. This is expected to boost the growth of the global GaN power device market during the forecast period.

GaN Power Device Market
By Type

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GaN Power Module segment is projected as one of the most lucrative segments.

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Increase in adoption of GaN devices in electric vehicle

Electric vehicles are mainly equipped with power modules to drive motors at higher voltage as it reduces the current leakage between the collector and emitter terminals and enhances the switching rate with high frequency. Moreover, high voltage battery system in both HEVs and EVs requires power management devices for power handling from battery to motor drivers. Therefore, there is an increase in adoption of GaN devices, which in turn drives the market growth. Moreover, currently, the sales of electrical vehicle have increased significantly, and is expected to reach 41 million by 2040. This is anticipated to provide lucrative growth opportunity for the market growth.

GaN Power Device Market
By End User

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IT & Telecommunication segment generated the highest revenue in 2019.

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Government initiatives in HVDC and smart grid

GaN power devices find their application in high-voltage, direct current (HVDC) electric power transmission systems, and smart grids. These are more reliable, provide a flexible network topology, have better load adjustment, and enable real-time troubleshooting. Power devices can control high voltage as it enables high frequency switching with enhanced efficiency. In addition, power modules are used in modular multilevel converters (MMC), which enable reduced power loss. Thus, converters with GaN power devices modules are being popularly used in HVDC systems. In addition, governments of various countries such as China, Japan, and the U.S. invest heavily in smart grid technology to improve their electrical networks. For instance, the State Grid Corporation of China invested $64 billion in 2015 to improve its electrical networks. Hence, all these factors are expected to provide a huge impetus to the global power electronics market growth.

GaN Power Device Market
By Geography

2027
North America 
Europe
Asia-pacific
Lamea

North America regiongenerated the highest revenue in 2019.

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Competitive Analysis

The key players in the GaN power device market analysis in the report 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. These are the major players that captures a considerable part of GaN power device market share. The key players adopted various key strategies such as product launch, product development, collaboration, partnership, and various others for the market growth.

Key Benefits For Stakeholders

  • This report provides an extensive analysis of the current and emerging market trends and dynamics in the global GaN power device market. 

  • In-depth analysis is conducted by GaN power device market estimations for the key market segments between 2020 and 2027. 

  • Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the GaN power device industry framework.

  • The key players are profiled, and their strategies are analyzed thoroughly to understand the competitive outlook of the global GaN power device market.

Key Market Segments

By Device

  • GaN Power Discrete Devices
  • GaN Power ICs
  • GaN Power Module

By Application

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

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • 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 Market Players

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

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping GaN power device market
3.3.Market dynamICs

3.3.1.Drivers

3.3.1.1.Decrease in prices of GaN devices
3.3.1.2.Rise in demand for GaN devices for wireless charging
3.3.1.3.Increase in adoption of GaN devices in electric vehicle
3.3.1.4.Increase in requirement of GaN devices for commercial RF applications

3.3.2.Restraint

3.3.2.1.Lack of availability of GaN material

3.3.3.Opportunities

3.3.3.1.Government initiatives in HVDC and smart grid

CHAPTER 4:GAN POWER DEVICE MARKET, BY DEVICE

4.1.Overview
4.2.GaN power discrete devices

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.GaN power ICs

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.GaN power module

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:GAN POWER DEVICE MARKET, BY INDUSTRIAL VERTICAL

5.1.Overview
5.2.Consumer electronICs

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.IT & telecommunication

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Automotive

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Aerospace & defense

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Other

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

CHAPTER 6:GAN POWER DEVICE MARKET, BY REGION

6.1.Overview
6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by device
6.2.3.Market size and forecast, by industry vertical
6.2.4.Market analysis, by region

6.2.4.1.U.S.

6.2.4.1.1.Market size and forecast, by device
6.2.4.1.2.Market size and forecast, by industry vertical

6.2.4.2.Canada

6.2.4.2.1.Market size and forecast, by device
6.2.4.2.2.Market size and forecast, by industry vertical

6.2.4.3.Mexico

6.2.4.3.1.Market size and forecast, by device
6.2.4.3.2.Market size and forecast, by industry vertical

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by device
6.3.3.Market size and forecast, by industry vertical
6.3.4.Market analysis, by region

6.3.4.1.UK

6.3.4.1.1.Market size and forecast, by device
6.3.4.1.2.Market size and forecast, by industry vertical

6.3.4.2.Germany

6.3.4.2.1.Market size and forecast, by device
6.3.4.2.2.Market size and forecast, by industry vertical

6.3.4.3.France

6.3.4.3.1.Market size and forecast, by device
6.3.4.3.2.Market size and forecast, by industry vertical

6.3.4.4.Rest of Europe

6.3.4.4.1.Market size and forecast, by device
6.3.4.4.2.Market size and forecast, by industry vertical

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by device
6.4.3.Market size and forecast, by industry vertical
6.4.4.Market analysis, by region

6.4.4.1.China

6.4.4.1.1.Market size and forecast, by device
6.4.4.1.2.Market size and forecast, by industry vertical

6.4.4.2.Japan

6.4.4.2.1.Market size and forecast, by device
6.4.4.2.2.Market size and forecast, by industry vertical

6.4.4.3.Taiwan

6.4.4.3.1.Market size and forecast, by device
6.4.4.3.2.Market size and forecast, by industry vertical

6.4.4.4.South Korea

6.4.4.4.1.Market size and forecast, by device
6.4.4.4.2.Market size and forecast, by industry vertical

6.4.4.5.Rest of Asia-Pacific

6.4.4.5.1.Market size and forecast, by device
6.4.4.5.2.Market size and forecast, by industry vertical

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by device
6.5.3.Market size and forecast, by industry vertical
6.5.4.Market analysis, by region

6.5.4.1.Latin America

6.5.4.1.1.Market size and forecast, by device
6.5.4.1.2.Market size and forecast, by industry vertical

6.5.4.2.Middle East

6.5.4.2.1.Market size and forecast, by device
6.5.4.2.2.Market size and forecast, by application

6.5.4.3.Africa

6.5.4.3.1.Market size and forecast, by type
6.5.4.3.2.Market size and forecast, by application

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction
7.2.Top winning strategies

7.2.1.Top winning strategies, by year
7.2.2.Top winning strategies, by development
7.2.3.Top winning strategies, by company

CHAPTER 8:COMPANY PROFILES

8.1.Efficient Power Conversion Corporation Inc.

8.1.1.Company overview
8.1.2.Key Executives
8.1.3.Company snapshot
8.1.4.Product portfolio
8.1.5.Key strategic moves and developments

8.2.FUJITSU limited

8.2.1.Company overview
8.2.2.Key Executives
8.2.3.Company snapshot
8.2.4.Product portfolio
8.2.5.Business performance
8.2.6.Key strategic moves and developments

8.3.GaN Systems Inc.

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio
8.3.4.Key strategic moves and developments

8.4.Infineon Technologies AG

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance
8.4.6.Key strategic moves and developments

8.5.ON SEMICONDUCTOR CORPORATION

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio
8.5.4.Business performance
8.5.5.Key strategic moves and developments

8.6.PANASONIC CORPORATION

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.R&D Expenditure
8.6.6.Business performance

8.7.TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY, LTD.

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio
8.7.4.Business performance
8.7.5.Key strategic moves and developments

8.8.TEXAS INSTRUMENTS INC.

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Business performance
8.8.6.Key strategic moves and developments

8.9.Toshiba Corporation

8.9.1.Company overview
8.9.2.Key Executives
8.9.3.Company snapshot
8.9.4.Business Segment
8.9.5.Product portfolio
8.9.6.Business performance

8.10.VISIC TECHNOLOGIES LTD

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio
8.10.4.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GAN POWER DEVICE MARKET, BY DEVICE, 2019-2027 ($MILLION)
TABLE 02.GAN POWER DEVICE MARKET FOR GAN POWER DISCRETE DEVICES, BY REGION 2019–2027 ($MILLION)
TABLE 03.GAN POWER DEVICE MARKET FOR GAN POWER ICS, BY REGION 2019–2027($MILLION)
TABLE 04.GAN POWER DEVICE MARKET FOR GAN POWER MODULES, BY REGION 2019–2027($MILLION)
TABLE 05.GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL, 2019-2027 ($MILLION)
TABLE 06.GAN POWER DEVICE MARKET FOR CONSUMER ELECTRONIC, BY REGION 2019–2027($MILLION)
TABLE 07.GAN POWER DEVICE MARKET FOR IT & TELECOMMUNICATION, BY REGION 2019–2027($MILLION)
TABLE 08.GAN POWER DEVICE MARKET FOR AUTOMOTIVE, BY REGION 2019–2027($MILLION)
TABLE 09.GAN POWER DEVICE MARKET FOR AEROSPACE & DEFENSE, BY REGION 2019–2027($MILLION)
TABLE 10.GAN POWER DEVICE MARKET FOR OTHERS, BY REGION 2019–2027($MILLION)
TABLE 11.NORTH AMERICA GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 12.NORTH AMERICA GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 13.U.S. GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 14.U.S. GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 15.CANADA GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 16.CANADA GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 17.MEXICO GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 18.MEXICO GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 19.EUROPE GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 20.EUROPE GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 21.UK GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 22.UK GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 23.GERMANY GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 24.GERMANY GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 25.FRANCE GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 26.FRANCE GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 27.REST OF EUROPE GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 28.REST OF EUROPE GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 29.ASIA-PACIFIC GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 30.ASIA-PACIFIC GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 31.CHINA GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 32.CHINA GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 33.JAPAN GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 34.JAPAN GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 35.TAIWAN GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 36.TAIWAN GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 37.SOUTH KOREA GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 38.SOUTH KOREA GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 39.REST OF ASIA-PACIFIC GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 40.REST OF ASIA-PACIFIC GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 41.LAMEA GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 42.LAMEA GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 43.LATIN AMERICA GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 44.LATIN AMERICA GAN POWER DEVICE MARKET, BY INDUSTRY VERTICAL 2019–2027($MILLION)
TABLE 45.MIDDLE EAST GAN POWER DEVICE MARKET, BY DEVICE 2019–2027($MILLION)
TABLE 46.MIDDLE EAST GAN POWER DEVICE MARKET, BY APPLICATION 2019–2027($MILLION)
TABLE 47.AFRICAL GAN POWER DEVICE MARKET, BY TYPE 2019–2027($MILLION)
TABLE 48.AFRICA GAN POWER DEVICE MARKET, BY APPLICATION 2019–2027($MILLION)
TABLE 49.EFFICIENT POWER CONVERSION CORPORATION INC.: COMPANY SNAPSHOT
TABLE 50.EFFICIENT POWER CONVERSION CORPORATION INC.: PRODUCT PORTFOLIO
TABLE 51.KEY EXECUTIVES
TABLE 52.FUJITSU LIMITED: COMPANY SNAPSHOT
TABLE 53.FUJITSU LIMITED: PRODUCT PORTFOLIO
TABLE 54.FUJITSU LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 55.KEY EXECUTIVES
TABLE 56.GAN SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 57.GARMIN LTD.: PRODUCT PORTFOLIO
TABLE 58.GAN SYSTEMS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 59.INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 60.INFINEON TECHNOLOGIES AG: PRODUCT CATEGORY
TABLE 61.INFINEON TECHNOLOGIES AG: PRODUCT PORTFOLIO
TABLE 62.KEY EXECUTIVES
TABLE 63.ON SEMICONDUCTOR CORPORATION: COMPANY SNAPSHOT
TABLE 64.ON SEMICONDUCTOR CORPORATION: PRODUCT PORTFOLIO
TABLE 65.ON SEMICONDUCTOR CORPORATION: KEY STRATEGIC MOVES AND DLEVELOPMENTS
TABLE 66.KEY EXECUTIVES
TABLE 67.PANASONIC CORPORATION: COMPANY SNAPSHOT
TABLE 68.PANASONIC CORPORATION: OPERATING SEGMENTS
TABLE 69.PANASONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 70.TSMC: COMPANY SNAPSHOT
TABLE 71.TSMC: PRODUCT PORTFOLIO
TABLE 72.TSMC: KEY STRATEGIC MOVES AND DLEVELOPMENTS
TABLE 73.TI: COMPANY SNAPSHOT
TABLE 74.TI: OPERATING SEGMENTS
TABLE 75.TI: PRODUCT PORTFOLIO
TABLE 76.TI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 77.TOSHIBA CORPORATION: COMPANY SNAPSHOT
TABLE 78.TOSHIBA CORPORATION: BUSSINESS SEGMENT
TABLE 79.TOSHIBA CORPORATION: PRODUCT PORTFOLIO
TABLE 80.VISIC TECHNOLOGIES LTD.: COMPANY SNAPSHOT
TABLE 81.VISIC TECHNOLOGIES LTD.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE TO HIGH THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE INTENSITY OF RIVALRY
FIGURE 09.MODERATE BARGAINING POWER OF BUYERS
FIGURE 10.GLOBAL GAN POWER DEVICE MARKET, BY DEVICE, 2019-2027
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF GAN POWER DISCRETE DEVICES MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF GAN POWER ICS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF GAN POWER MODULES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.GLOBAL GAN POWER DEVICE MARKET, BY INDUSTRIAL VERTICAL, 2019-2027
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF CONSUMER ELECTRONIC, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF IT & TELECOMMUNICATION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF AEROSPACE & DEFENSE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.GLOBAL GAN POWER DEVICE MARKET, BY REGION, 2019-2027
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF GAN POWER DEVICE MARKET, BY COUNTRY, 2019 & 2027(%)
FIGURE 22.U.S. GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 23.CANADA GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 24.MEXICO GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF THE GAN POWER DEVICE MARKET, BY COUNTRY, 2019 & 2027(%)
FIGURE 26.UK GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 27.GERMANY GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 28.FRANCE GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 29.REST OF EUROPE GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF THE GAN POWER DEVICE MARKET, BY COUNTRY, 2019 & 2027(%)
FIGURE 31.CHINA GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 32.JAPAN GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 33.TAIWAN GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 34.SOUTH KOREA GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 35.REST OF ASIA-PACIFIC GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 36.COMPARATIVE SHARE ANALYSIS OF THE GAN POWER DEVICE MARKET, BY COUNTRY, 2019 & 2027(%)
FIGURE 37.LATIN AMERICA GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 38.MIDDLE EAST GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 39.AFRICA GAN POWER DEVICE MARKET, 2019-2027($MILLION)
FIGURE 40.TOP WINNING STRATEGIES, BY YEAR, 2018-2020
FIGURE 41.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2020 (%)
FIGURE 42.TOP WINNING STRATEGIES, BY COMPANY, 2017–2019
FIGURE 43.FUJITSU LIMITED: REVENUE, 2016–2018 ($MILLION)
FIGURE 44.FUJITSU LIMITED: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 45.INFINEON TECHNOLOGIES AG: REVENUE, 2015–2017 ($MILLION)
FIGURE 46.INFINEON TECHNOLOGIES AG: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 47.GOOGLE INC: REVENUE SHARE BY REGION, 2017 (%)
FIGURE 48.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE, 2016–2018 ($MILLION)
FIGURE 49.R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 50.PANASONIC CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 51.PANASONIC CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 52.PANASONIC CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 53.TSMC: REVENUE, 2016–2018 ($MILLION)
FIGURE 54.TSMC: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 55.TI: REVENUE, 2016–2018 ($MILLION)
FIGURE 56.TI: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57.TI: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58.TOSHIBA CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 59.TOSHIBA CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 60.TOSHIBA CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 61.VISIC TECHNOLOGIES LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS

 
 

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 current business scenario is witnessing a growth in adoption GaN devices for wireless charging, across the world, which propels the growth of the market. Moreover, automobile companies, globally, are adopting GaN power devices in electric vehicles various applications. 

GaN power device offers numerous benefits such as these power devices can attain extremely low-resistance and high-frequency switching. These properties make there usage in high-efficiency power supplies, electric vehicle (EV), hybrid electric vehicle (HEV), photovoltaic inverters, and RF switching. Furthermore, GaN power devices are applicable in power supplies for server, IT equipment, high-efficiency & stable power supplies, and EV & HEV devices. 

Key players operating in the global GaN power device market are Efficient Power Conversion Corporation (EPC), Fujitsu Limited, 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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