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Global GaN Power Device Market 2023 | Industry Outlook & Future Forecast Report Till 2032

Submitted by JanviSingh on Mon, 07/29/2024 - 21:38

The GaN Power Device Market report has been tailored in such a way that it gives total data related with market perspectives which directly or indirectly influence the industry structure. The report also opens up on a detailed investigation of various market factor such as growth path, trends, revenue, challenges and opportunity during the forecast timeline. Therefore, this report includes a full-scale market assessment that will help to acquire a deeper understanding of competitive benchmarking, market forecasts, company market share and market dynamics.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the GaN power device market include Efficient Power Conversion Corporation (EPC), GaN Systems, On Semiconductors, Panasonic Corporation, VisIC, Texas Instruments Inc., Toshiba Corporation, Fujitsu Limited, Infineon Technologies AG, Taiwan Semiconductor Manufacturing Company. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The market for GaN power devices has been growing steadily since the increase in the use of various electronics for our daily activities. The increase in demand for telecommunication devices, LIDAR, AC adaptors, and various wireless devices has been acting as the main catalyst for the GaN power devices market. The coronavirus outbreak has also acted as a market driver for the GaN power devices due to the increase in demand for modems and internet routers for people working from home. Most of the modern electronic devices and the hybrid devices act as the main driving factor for the GaN transistors. The only restraint being faced by the market for GaN devices is the preference towards silicon-based devices when it comes to operating at high voltages.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each application/product segment in the global market of GaN power device.

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Market Segmentation

The entire GaN power device market has been sub-categorized into device and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.

By Device

GaN Power Discrete Devices
GaN Power ICs
GaN Power Module
By Application

Consumer Electronics
IT & Telecommunication
Automotive
Aerospace & Defense
Others
Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for GaN power device market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

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