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GaN Semiconductor market to witness steady growth 17.0% CAGR by 2024

by harsh143 · October 3 Wholesale Noah Fant Jersey , 2018

GaN Semiconductors Market: Overview

GaN (Gallium Nitride) Semiconductor is most commonly used in LEDs (Light Emitting Diodes). It is a IIIV direct band-gap semiconductor having a Wurtzite Crystal structure. Some other applications include, high frequency and high power devices, and optoelectronic devices.

Research Report Insights (RRI) pegs the growth opportunity of the global GaN semiconductor devices at US$3,438.4 mn by 2024. The market Wholesale Phillip Lindsay Jersey , which had a valuation of US$870.9 mn in 2015, is expected to exhibit an exponential CAGR of 17.0% over the period between 2016 and 2024 to achieve this feat.


Report For Report Sample with Table of Contents@ 聽GaN Semiconductors Market: Segmentation

On the basis of Wafer Size, the global GaN Semiconductors market can be segmented as follows,


2 inch 4 inch 6 inch 8 inch The global GaN Semiconductors market can also be segmented by Products Wholesale Joe Flacco Jersey ,

Power Semiconductors GaN Radio Frequency Devices Opto-semiconductors With regards to the application, the global GaN Semiconductors market is segmented as,

Information and Communication Technology Automotive Consumer Electronics Defense and Aerospace Others GaN Semiconductors Market: Drivers
The accelerated demand from consumers for energy efficient power electronics is expected to act as a driving factor for the global GaN Semiconductors market. Gallium Nitride Semiconductors have dynamic chemical and electrical properties, such as high saturation velocity and voltage breakdown that enable such semiconductors to be the appropriate choice for utilization in various switching devices. As compared to the silicon technology semiconductors Wholesale John Elway Jersey , GaN Semiconductors provide other benefits, such as higher power density, thermal conductivity and temperature tolerance, thus propelling the global GaN Semiconductors market.


Request For Report Discount@ GaN Semiconductors Market: Regional Outlook

The global Automotive Steering System market is segmented into the following regions 鈥?North America Cheap DaeSean Hamilton Jersey , Latin America, Europe, APAC, and Middle East and Africa. The GaN Semiconductors market in APAC is expected to register the most lucrative growth over the forecast period owing to the increasing demand for high performance and energy efficient radio frequency components.

Currently Cheap Josey Jewell Jersey , North America is the largest contributor in the global GaN Semiconductors market.

聽GaN Semiconductors Market Key Players: Efficient Power Conversion Corporation, NXP Semiconductors N.V., GaN Systems Inc., and Cree Inc. are these top four companies in the market. Other key vendors in the market are Mersen S.A. Cheap Isaac Yiadom Jersey , Avogy, Inc., Fujitsu Limited, Toshiba Corporation Cheap Courtland Sutton Jersey , and Renesas Electronics Corporation.

Research Methodology:

RRI surveys a number