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GaN Semiconductor Device Market Share

Report ID: GMI8345
Published Date: Feb 2024
Report Format: PDF

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GaN Semiconductor Device Market Share

Infineon Technologies AG holds a significant share in the GaN semiconductor device industry. Infineon Technologies AG provides GaN power devices for various applications including automotive, industrial, and consumer electronics. Its GaN power solutions offer high efficiency and reliability.

Major players including GaN Systems, Infineon Technologies AG, Cree, Inc., and Efficient Power Conversion Corporation are constantly implementing strategic measures, such as geographical expansion, acquisition, mergers, collaborations, partnerships, and product or service launches, to gain market share.

GaN Semiconductor Device Market Companies

Major players operating in the GaN semiconductor device industry are:

Cree, Inc.
Efficient Power Conversion Corporation
Fujitsu Ltd.
GaN Systems
Infineon Technologies AG
Mitsubishi Electric Group
NexGen Power Systems
NXP Semiconductors N.V.
Odyssey Semiconductor Technologies, Inc.
Qorvo, Inc.
ROHM Co., Ltd.
STMicroelectronics N.V.
Sumitomo Electric Industries, Ltd.
Texas Instruments Incorporated
Toshiba Corporation
Wolfspeed, Inc.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Gallium Nitride (GaN) semiconductor device industry was valued at over USD 17.5 billion in 2023 and is estimated to register over 22.5% CAGR between 2024 and 2032 as they offer superior performance compared to traditional silicon-based devices.

The RF semiconductors segment in the GaN semiconductor device industry is estimated to register a 23.5% CAGR from 2024 to 2032 as they are witnessing growing uses in defense, aerospace, and telecommunications applications.

Asia Pacific market for GaN semiconductor device held over 30% share in 2023 and will grow significantly through 2032 owing to growing infrastructure development investments, increased EV adoption, and the rising demand for consumer electronics.

Cree, Inc., Efficient Power Conversion Corporation, Fujitsu Ltd., GaN Systems, Infineon Technologies AG, Mitsubishi Electric Group, NexGen Power Systems, NXP Semiconductors N.V., Odyssey Semiconductor Technologies, Inc., Qorvo, Inc., ROHM Co., Ltd., STMicroelectronics N.V., and Sumitomo Electric Industries, Ltd.