3 Market Overview: Key Findings

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GalliumNitride(GaN)SemiconductorDevices(Discretes&ICs)Market (20122022)

MARKETOVERVIEW

KEY FINDINGS
The global GaN semiconductors market, though it had its birth in 1990s in optosemiconductors, it has entered a high growth rate curve over the past few years with growth of GaN power semiconductors, with increase in focus on use GaN devices in various applications of semiconductors & electronics. The GaN semiconductors market is soon expected to transition from birth-phase to the growth phase in next few years and is expected to witness exponential growth over the next 10 years. The market is expected to continue in its rapid growth phase and is not expected to hit full maturity till the middle of the next decade. The gallium nitride power semiconductor devices possess the potential to operate at high switching frequency, high power levels and voltages with better characteristics than silicon. The number of applications is increasing day by day in various industries that include telecommunication, automotive, industrial, power and even clean-tech sector where GaN is expected to displace Silicon over the next ten years. Gallium Nitride (GaN) has turned out to be the choice for most of the next generation power semiconductor devices that operate at high-voltage ranges, high power density, and are best-suited for electronic applications operating at medium-voltage ranges (to displace silicon). These devices have started replacing the existing silicon technology in the overall industry and huge demand is expected from the numerous applications, increasing its revenue at an explosive rate. The growth of GaN semiconductors is also aided by the rapid developments taking place in the manufacturing industry segments, process, technologies for wafer and device manufacturing. Numerous research activities are emerged for use of GaN material in power and opto semiconductor devices and in technologies for GaN device manufacturing, to develop advanced devices, which offer better characteristics, advanced performance and high quality, to meet the rising demands for several upcoming applications.

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GalliumNitride(GaN)SemiconductorDevices(Discretes&ICs)Market (20122022)

3.1

MARKET INTRODUCTION

This section mainly introduces the global GaN semiconductors market, with qualitative insights and details related to the entire GaN semiconductor market including both, GaN power semiconductors, and GaN opto-semiconductors; which cover the total GaN semiconductors from a market-oriented perspective. The following figure shows the aspect covered under the market overview chapter in this report.

FIGURE 7 GLOBAL GAN SEMICONDUCTORS MARKET OVERVIEW

Market Overview

Market Introduction

History & Evolution

Design Architecture

GaN Semiconductor Chips GaN Electronic Systems


Source: MarketsandMarkets Analysis

The three major aspects covered in the GaN semiconductors Market Overview section in this report are Market Introduction, Market History & Evolution and Design Architecture of GaN Semiconductor Chips & Electronic Systems. The Market Introduction briefly explains the GaN semiconductors market, while the history & evolution section discusses about the GaN semiconductors market evolution over the historical years since the birth of GaN semiconductors to the markets current scenario. The Design Architecture section discusses the typical architecture of a GaN semiconductor device and electronic system, with illustrations of block diagrams.

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