Gallium nitride is garnering significant traction in the market and is replacing silicon for use in fast chargers for laptops and smart devices. In the last couple of years, the screen and battery size of smartphones have witnessed a significant increase, which, in turn, is causative of increased power consumption for smartphones, thereby pushing the market for fast chargers.
Market Size – USD 69.3 Million in 2019, Market Growth - CAGR of 20.8%, Market Trends –Growing adoption of electric vehicles
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Key participants include DOWA Electronics Materials Co. Ltd., Cree Inc., American Elements, Furukawa Co. Ltd., Mitsubishi Chemical Corporation, Kyma Technologies Inc., Soitec, IQE PLC, Infineon Technologies, and Nitride Semiconductors Co. Ltd., among others.
Emergen Research has segmented the global gallium nitride market on the basis of substrate type, distribution channel, application, and region:
Substrate Type Outlook (Revenue, USD Billion; 2017-2027)
GaN-on-SiC
GaN-on-Si
GaN-on-Sapphire
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Online
Offline
Application Outlook (Revenue, USD Billion; 2017-2027)
Radio Frequency Devices
Wireless Infrastructure
Satellite Communication
Military & Defense
Others
Power Electronics
Power Supply
Electric Vehicle
LiDAR
Servers & Data Centers
Wireless Power
Solar Photovoltaic Technology
Envelope Tracking
Others