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GaN LED Chips Market Share

  • Report ID: GMI11179
  • Published Date: Sep 2024
  • Report Format: PDF

GaN LED Chips Market Share

Efficient Power Conversion Corporation and Epileds Technologies, Inc. are among the key players in the GaN LED Chips industry. Efficient Power Conversion Corporation (EPC) stands out for its pioneering work in GaN (Gallium Nitride) technology, particularly in the development of high-performance GaN-based power devices and integrated circuits. EPC’s advanced GaN technology enables efficient and high-density LED lighting solutions, which are critical for applications requiring high brightness and energy efficiency. The company’s strong emphasis on improving power density and reducing size in its GaN devices helps drive the adoption of GaN LEDs across various sectors, including automotive, consumer electronics, and industrial applications.
 

Epileds Technologies, Inc., on the other hand, is notable for its specialized focus on the production of high-quality GaN LED chips. The company’s expertise in GaN epitaxial growth and chip manufacturing allows it to deliver high-performance LEDs with superior light output and efficiency. Epileds’ innovations in chip design and production processes contribute to the advancement of LED technology, making their products essential for meeting the increasing demand for bright, durable, and energy-efficient lighting solutions. Their strong market presence is further supported by their ability to cater to various applications, including general lighting, display backlighting, and automotive lighting.
 

GaN LED Chips Market Companies

Major players operating in the industry are:

  • Efficient Power Conversion Corporation
  • Epileds Technologies, Inc.
  • Epistar
  • Fujitsu Ltd.
  • GaNPower International Inc.
  • Infineon Technologies AG
Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for GaN led chips was valued at USD 27.5 billion in 2023 and is expected to grow at over 9% CAGR between 2024 and 2032, due to their superior brightness, longer lifespan, and reduced power consumption.

The consumer electronics segment of GaN LED is expected to register over 10% CAGR through 2032, as the product is widely used for powering a variety of devices that require high-quality display and illumination.

North America GaN LED Chips Market accounted for a share of over 35% in 2023 and will expand rapidly through 2032, driven by a strong emphasis on energy conservation and the replacement of traditional lighting systems with LED solutions.

Efficient Power Conversion Corporation, Epileds Technologies, Inc, Epistar, Fujitsu Ltd, GaNPower International Inc, Infineon Technologies AG among others.

GaN LED Chips Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 218
  • Countries covered: 22
  • Pages: 210
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