Gallium Nitride Semiconductor Devices Market Report 2025

The gallium nitride semiconductor devices market size has grown rapidly in recent years. It will grow from $10.35 billion in 2024 to $12.25 billion in 2025 at a compound annual growth rate (CAGR) of 18.3%. The growth in the historic period can be attributed to increased government funding, emerging markets growth, increasing demand for semiconductor equipment, increased usage in automotive, and increasing demand for consumer electronics.

The gallium nitride semiconductor devices market size is expected to see rapid growth in the next few years. It will grow to $22.36 billion in 2029 at a compound annual growth rate (CAGR) of 16.2%. The growth in the forecast period can be attributed to the rising use of GaN-based components in the defense industry, high proliferation of electric vehicles, increased venture capital funding, rising urbanization, and increasing demand for portable electronic devices (ped). Major trends in the forecast period include GaN 5g multi-modules, product innovation, technological advancement, application in electric vehicles (EVs) and hybrid EVs, and increasing investment in the semiconductor market.

The gallium nitride semiconductor devices market is poised for growth, primarily driven by the increasing demand for consumer electronics. Gallium Nitride (GaN) exhibits superior mobility, being 1,000 times faster than silicon, and is more cost-effective to produce than traditional semiconductors, making it a preferred choice in consumer electronics. Notably, LG, a South Korea-based consumer electronics company, reported a significant growth of 12.9% in sales for 2022, exceeding $52.7 billion. The LG Home Appliance & Air Solution Company also achieved a record-breaking revenue of $22.5 billion, marking a 10.3% increase from the previous year. This surge in consumer electronics demand is a key factor propelling the gallium nitride semiconductor devices market.

The utilization of technologically advanced GaN systems in the defense and aerospace sector is expected to further drive market growth. The increasing demand for enhanced bandwidth and performance reliability in applications such as radio communications, radars, and electronic warfare has fueled the adoption of GaN-based integrated circuits (ICs). GaN is instrumental in providing higher operating frequencies for military jammers, terrestrial radios, and radar communication. Notably, in April 2022, MACOM Technology Solutions Inc., a US-based RF and microwave solutions supplier, secured a contract from the U.S. Department of Defense to develop a high-power transmitter using innovative GaN semiconductor technology. This highlights the rising prominence of GaN-based components in the defense industry, contributing to the growth of the market.

Companies operating in the GaN semiconductor devices market are actively engaged in product innovation to expand their product offerings and enhance brand awareness. Wise-integration, a French GaN power supplies and integrated circuit company, launched its first commercial product, the 120mOhm WI62120 half-bridge power circuit, in June 2022. This product offers increased power density, performance, and cost-effectiveness for power electronics designers. Additionally, Cambridge GaN Devices, a UK-based semiconductor company, introduced the ICeGaN 650 V H1 series in March 2022, leveraging GaN technology to reduce power losses by up to 50%. Such product innovations contribute to the diversification of semiconductor offerings in the market.

Major companies in the gallium nitride (GaN) semiconductor devices market are increasingly focused on developing innovative fourth-generation GaN technology to improve energy efficiency, enhance power density, support higher switching frequencies, and boost thermal performance. Fourth-generation GaN technology represents the latest advancements in GaN semiconductor materials and devices, enhancing performance, efficiency, and scalability for various applications. For example, in September 2023, Navitas Semiconductor, a U.S.-based company specializing in GaN semiconductors and power electronics, launched its fourth-generation GaN technology known as the GaNSafe platform. This platform targets high-power applications in data centers, solar energy storage, and electric vehicles, and is expected to enhance the performance of EVs and other applications by delivering more efficient and reliable power solutions under demanding conditions.

In August 2022, Navitas Semiconductor, a US-based semiconductor device company specializing in innovative high-voltage power switching components and systems based on proprietary GaN processing technology, completed the acquisition of GeneSiC Semiconductor. This strategic acquisition, executed for an undisclosed amount, enables Navitas Semiconductor to gain access to GeneSiC's patent-protected products, advanced technology, and a skilled and innovative team. The collaboration positions Navitas to expand its portfolio of power semiconductor offerings. GeneSiC Semiconductor, a leading provider of GaN power semiconductor products based in the US, brings valuable expertise to the table, further strengthening Navitas Semiconductor's position in the dynamic GaN semiconductor market.

Major companies operating in the gallium nitride semiconductor devices market include Texas Instruments Incorporated, Toshiba Corporation, Infineon Technologies AG, Fujitsu Limited, NXP Semiconductors N.V., ams-OSRAM AG, Wolfspeed Inc, Qorvo Inc., Panasonic Holdings Corporation, NTT Advanced Technology Corporation, Enkris Semiconductor Inc, Sanan Integrated Circuit, Navitas Semiconductor, Cypress Semiconductor Corp, ARM LTD, Renesas Electronics Corporation, Saankhya Labs, ASM Technologies, CDIL, Hyundai Electric, STMicroelectronics, Exagan, GaN Systems, UnitySC, Dialog Semiconductor Plc, Cree Inc., Efficient Power Conversion Corporation.

North America was the largest region in the gallium nitride semiconductor device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gallium nitride semiconductor devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the gallium nitride semiconductor devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Gallium nitride semiconductor devices involve the manufacturing of electronic components such as transistors and diodes, utilizing gallium nitride material for energy-to-power conversion. These devices possess dynamic electric and chemical properties, making them suitable for the development of robust, mechanically stable, high-voltage, and high-frequency electronic power devices. Gallium nitride semiconductors are gaining prominence as a substitute for silicon-based semiconductors, addressing the increasing demands for enhanced power system efficiency, performance, and cost-effectiveness.

The primary components of gallium nitride semiconductor devices include capacitors, diodes, rectifiers, and power integrated circuits (ICs). Transistors, which are essential for amplification, switching, or signal modulation, serve as fundamental building blocks in modern electronic circuits and play diverse roles in electronic devices. Various device types associated with gallium nitride semiconductors include opto-semiconductors, power semiconductors, and RF (radiofrequency) semiconductors. These semiconductors come in different wafer sizes, including 2 inches, 4 inches, 6 inches, and 8 inches, and find applications in automotive, consumer electronics, defense and aerospace, healthcare, industrial and power, information and communication technology, among other sectors.

The gallium nitride semiconductor devices market research report is one of a series of new reports that provides gallium nitride semiconductor devices market statistics, including gallium nitride semiconductor devices industry global market size, regional shares, competitors with a gallium nitride semiconductor devices market share, detailed gallium nitride semiconductor devices market segments, market trends and opportunities, and any further data you may need to thrive in the gallium nitride semiconductor devices industry. This gallium nitride semiconductor devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The gallium nitride semiconductor market consists of sales of LEDs, solar cells, photodiodes, and lasers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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