Press Release

Visiongain Ltd.

Gallium Nitride Materials Market Report up to 2031

June 30th, 2021 12:00 AM

Visiongain has published a new report on Gallium Nitride Materials Market Report : Forecasts by Device (Opto-Semiconductor Device, Power Semiconductor Device, RF Semiconductor Device), by Component (Transistor, Diode, Rectifier, Power IC, Others), by Wafer Size (2”, 4”, 6”, 8”), by Applications (Radio Frequency, Power Diodes, Light Detection and Ranging), by Vertical (Automotive, Consumer Electronics, Defence & Aerospace, Healthcare, Information & Communication Technology, Industrial & Power, Others), by Substrate (GaN-on-Si, GaN-on-Sapphire, GaN-on-SiC, GaN-on-GaN) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Gallium Nitride Materials Companies AND COVID-19 Recovery Scenarios.

The Global Gallium Nitride Materials market was valued at US$ x million in 2019 and is projected to reach a market value of US$ x million by 2031. The advent of fast processing power processors and high-frequency radio-frequency devices generated a significant demand for this excellent wide-bandgap semiconductor material in the global electronics industry.

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Key Questions Answered by this Report:
• What is the Gallium Nitride Materials market status in 2020 and how it will evolve through 2031?
• What are the drivers, restraints, and opportunities of the Gallium Nitride Materials market?
• How will each Gallium Nitride Materials submarket segment grow over the forecast period and how much revenue will each segment account for in 2031?
• How will individual leading national markets perform over the forecast period, and what are their drivers and restraints?
• What have been the major developments of the leading national markets for Gallium Nitride Materials market over recent years, leading to their current market status?
• How will the market shares of the regional and leading national markets evolve by 2031, and which geographical region will lead in 2031?

Leading companies and the potential for market growth
Overall world revenue for Gallium Nitride Materials Market will surpass $xx million in 2021, our work calculates. We predict strong revenue growth through to 2031. Our work identifies which regions hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

Prospects for established firms and those seeking to enter the market– including company profiles for 15 of the major companies involved in the Gallium Nitride Materials Market. Some of the companies profiled in this report include Cree, Inc., Sumitomo Chemicals Company, Limited, IQE Plc, NXP Semiconductors N.V., Infineon Technologies AG, ExaGaN, SweGaN, Soitec, Qorvo, Inc., and Mitsubishi Chemical Company.

Get Detailed TOC @ https://www.visiongain.com/report/gallium-nitride-materials-market-2021/#download_sampe_div

Significant Technological Advancements Anticipated to Fuel Gallium Nitride Materials Market
One of the major factors expected to positively influence demand is significant deployment plans of 5G network infrastructure across cities. Some of the major companies associated with 5G infrastructure device manufacturing and generating demand for GaN materials are Ericsson, Huawei Technologies, Inc., and Nokia. Growing demand for high power 65Watt wireless smartphone chargers is expected provide further boost to the gallium nitride materials market. Governments in several countries have developed initiatives to support the research and development activities for development of GaN technologies. Electric Vehicle is also one of the most opportunity generating applications areas for GaN power devices.

In September 2020, NXP Semiconductors N.V. inaugurated their new RF gallium nitride wafer lab. The fabrication lab will be developing GaN wafers of 150mm (6” inch) in the U.S. In May 2019, Soitec acquired EpiGaN .The acquisition helped the company to strengthen its engineered substrate portfolios into GaN and thus accelerate its penetration across telecom industry, power electronics and sensor applications etc.

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Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 20 7549 9987.

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About Visiongain
Visiongain is one of the fastest-growing and most innovative independent market research company in Europe, the company comprises over 400+ analysts and consultants, adding more than 1400 market research reports to its vast database each year. These reports offer in-depth analysis on 18 industries worldwide. With the help of an interactive market intelligence platform, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. 

Contact:

Sara Peerun
Commercial Director
Visiongain Inc.
Tel: + 44 207 549 9987
USA Tel: 00 1 718 682 4567
EU Tel: 00 353 1 695 0006
Email: sara.peerun@visiongain.com
Web: https://www.visiongain.com/
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SOURCE Visiongain Limited.

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