GaN Power Device Market Global Opportunity Analysis and Industry Forecast, 2014-2022
Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and Industry Forecast, 2016-2023
GaN Power Device Market GaN Power Device Market Overview: Global GaN Power Device Market was valued at $16 million in 2015, and is projected to reach $273 million by 2022, growing at a CAGR of 48.0% during the forecast period. Gallium Nitride (GaN) transistors have evolved as an enhanced performance substitute of silicon-based transistors, owing to their ability of fabricating more compact devices for a given resistance value and breakdown voltage as compared to silicon devices. The demand for GaN power device market is expected to rise during the forecast period, due to reduction in price of GaN devices, better performance as compared to silicon carbide (SiC) devices, increase in requirement of GaN devices for commercial RF applications, and rise in demand of GaN devices for wireless charging. However, lack of availability of GaN material restraints the GaN power device market growth. Government initiatives in High Voltage Direct Current (HVDC) and smart grid are anticipated to create new opportunities for the GaN power device market growth during the forecast period. Request to sample- https://www.alliedmarketresearch.com/request-sample/1997
GaN Power Device Market
Key Benefits *The study provides an in-depth analysis of the global GaN power device market to elucidate the prominent investment pockets. *Current trends and future estimations are outlined to determine the overall GaN power device market scenario.
The report provides information regarding key drivers, restraints, and opportunities with a detailed impact analysis. Geographically, the market is analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
Home Energy Management Market By Geography North America U.S. Canada Mexico Europe UK France Germany Rest of Europe Asia-Pacific China Japan India South Korea Rest of Asia-Pacific LAMEA Latin America Middle East Arica
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