The power electronics and semiconductor market continues to nurture and increase more presence through a variety of markets. The major trend that enterprises focus on is electrification of vehicles. The adoption of electric vehicles will lead to an increase in technology development and a reduction of cost for automotive semiconductor technology. Automobile manufacturer, Lamborghini, is planning to develop electric vehicle, Terzo, (electric super sports car). Another trend in the semiconductor and power electronics market is wireless charging. Major Smartphone manufacturers like Apple and Samsung have started implementing wireless charging technology in their smartphones. The companies also claim that advancement in power electronics and semiconductor can help enterprises to efficiently improve the battery capacity and power management.
Some of the major players in Global GaN Semiconductor Devices Market include RF Micro Devices Incorporated (U.S.), Fujitsu Ltd.(Japan), Toshiba Corp. (Japan), Texas Instruments Inc. (U.S.), Cree Incorporated (U.S.), Aixtron SE (Germany), Mitsubishi Chemical Corporation (Japan), Koninklijke Philips N.V. (Netherlands), GaN Systems Inc. (Canada), and Epigan NV (Belgium) among others are profiled in MRFR Analysis and are at the forefront of competition in the Global GaN Semiconductor Device market.
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GaN Semiconductor Device Global Market – Segmentation
Segmentation by type: Opto-semiconductor, power semiconductor.
Segmentation by device: transistor, diode, rectifier, power IC’s, amplifier and switching system.
Segmentation by application: Consumer Electronics, Automotive, Aerospace and Defence, Telecommunication, medical, power conditioner
Segmentation by Region: North America, Europe, Asia Pacific, rest of the world.
GaN Semiconductor Device Global Market – Regional Analysis
The geographical analysis of the GaN semiconductor market covers regions like North America, Europe, Asia Pacific and rest of the world. Among these regions, the North-America dominates the GaN semiconductor devices market. This growth is mainly due to high penetration of GaN semiconductor in aerospace & defence sectors, medical, and automotive sectors. GaN semiconductor devices market in Asia-Pacific is expected to grow at a fast pace during the forecast period. In Asia Pacific, the Japan continues to dominate the market of GaN semiconductor.