Across the globe, the demand for GaN devices used in power electronics applications projected to grow strongly. In addition to this, GaN transistor have a vast potential to grow in usage, this market opportunity continues to attract more new suppliers. Growing acceptance of GaN transistor devices due to improved performance among different types of end use industry applications and requirement of enhanced battlefield performance is projected to bolster the demand for the global GaN transistor market. In 2013, the energy department of the U.S. estimated that GaN based power devices could reduce the power consumption of different types of consumer electronics and data centers by 20% over the next ten years. Rising acceptance of GaN transistors across different consumer electronics and telecommunication devices is estimated to drive the global GaN transistor market during the forecast period. Furthermore, the superiority of GaN stems from its electronic properties and unique material, making it suitable for different types of optoelectronics and electronics applications.
Prospects for continuing strong growth in the GaN transistor market is expected to remain competitive, fuelled predominantly by increasing sales of hybrid and electric vehicles. The global GaN transistor market has been segmented on the basis of application, end use industry and region. On the basis of application, the market for GaN transistor has been segmented into different types which includes radar, military communication and wireless communication among others. The GaN transistor market is also anticipated to experience a prominent growth, during the forecast period, owing to the growing demand for different types of power electronics that consume less power and are more energy efficient. Moreover, on the basis of end use industry, the global GaN transistor market has been segregated into different types which includes consumer electronics, automotive, aerospace & defense, healthcare, energy, agriculture and transportation among others. In 2017, the consumer electronics segment hold the major position of the global GaN transistor market and is projected to maintain its dominance throughout the forecast period. Rising acceptance of GaN transistors in application of Light Detection and Ranging (LiDAR) systems is expected to boost the market demand during the forecast period. For instance, one of the U.S. based company has currently implemented GaN transistor in different types of applications, from a laser diode used in Light Detection and Ranging (LiDAR) systems to an extremely small power adapter for laptops. Governments organization of various countries across the globe are also developing infrastructure for autonomous and electric vehicles, which is anticipated to boost the market demand during the forecast period. On the flip side, GaN transistors are typically depletion type devices which are ON when the gate-source voltage is zero, which is expected to hinder the demand of the GaN transistor market during the forecast period.
Browse more detail information about this report visit at at https://www.transparencymarketresearch.com/gan-transistor-market.html
Geographically, global GaN transistor market has been segmented into North America, Europe, Asia Pacific (APAC), Middle- East and Africa (MEA), South America. In 2018, North America held the largest share of the GaN transistor market due to the high technological adoption of GaN transistor in consumer electronics military and defense, industrial and others industries in the area. Asia Pacific is estimated to be the second largest market for GaN transistor market currently, followed by Europe. Furthermore, in Asia Pacific region owing to industrially developing economies in China, Japan and India is enhancing the demand for global GaN transistor market.
The key players operational in the global GaN transistor market includes GaN Systems, Dialog Semiconductor, Infineon AG, Panasonic Corporation, Navitas, Texas Instrument, Exagan and On semiconductor among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Request For Custom Research At https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=63021&source=atm
The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis
The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Request for TOC of This Report visit at https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=63021&source=atm