Exploring Revenue Growth Potential Through the Strategies of Gallium Nitride Market Leaders

[Isha Deshpande]

The global gallium nitride market is projected to be worth USD 320.4 Million by 2027, according to a current analysis by Emergen Research. The gallium nitride market is observing high demand attributed to the growing demand for gallium nitride devices in consumer electronics. 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. Following the footsteps of aftermarket companies such as Anker, Belkin, AUKEY, and RAVpower, OEMs such as Samsung, Lenovo, and Oppo have started using gallium nitride for fast chargers’ mass production. Gallium nitride offers a thousand times more speed over silicon, giving the advantage of three times faster charging in weight and size, which is around half of the silicon-based chargers.

The Gallium Nitride Market report also the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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Competitive Terrain:

The global Gallium Nitride industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

DOWA Electronics Materials Co. Ltd., Cree Inc., American Elements, Furukawa Co. Ltd., Mitsubishi Chemical Corporation, Kyma Technologies Inc., Soitec, IQE PLC, Infineon Technologies, Nitride Semiconductors Co. Ltd.

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Additional information offered by the report:

• Along with a complete overview of the global Gallium Nitride market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Gallium Nitride market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

Segments Covered in this report are:

• 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
    1. Wireless Infrastructure
    2. Satellite Communication
    3. Military & Defense
    4. Others
  • Power Electronics
    1. Power Supply
    2. Electric Vehicle
    3. LiDAR
    4. Servers & Data Centers
    5. Wireless Power
    6. Solar Photovoltaic Technology
    7. Envelope Tracking
    8. Others
  • Optoelectronics
    1. LED
    2. LASER
    3. Others

Radical Highlights of the Gallium Nitride Market Report:

• Comprehensive overview of the Gallium Nitride market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the Gallium Nitride market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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