United States Gallium Nitride Power Device Market Outlook and Forecast 2024-2030

United States Gallium Nitride Power Device Market was valued at US$ 456 million in 2024 and is projected to reach US$ 1.23 billion by 2030, at a CAGR of 18.0% during the forecast period 2024-2030.

 

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United States Gallium Nitride Power Device Market was valued at US$ 456 million in 2024 and is projected to reach US$ 1.23 billion by 2030, at a CAGR of 18.0% during the forecast period 2024-2030.

Gallium Nitride (GaN) power devices are semiconductor components made from gallium nitride material that are used to efficiently convert and manage electrical power. Known for their high efficiency, high voltage handling capabilities, and fast switching speeds, GaN power devices are commonly used in applications such as power supplies, electric vehicles, and renewable energy systems. Their advantages over traditional silicon-based devices include reduced energy loss, smaller size, and lighter weight, making them increasingly popular in advanced power electronics.

Power semiconductor devices based on Gallium Nitride, offering high efficiency and power density.

Rapid growth driven by increasing adoption in power electronics and electric vehicles. Rising demand for high-frequency and high-power applications. Advancements in GaN technology reducing costs and improving reliability.

This report contains market size and forecasts of Gallium Nitride Power Device in United States, including the following market information:
•    United States Gallium Nitride Power Device Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    United States Gallium Nitride Power Device Market Sales, 2019-2024, 2024-2030,
•    United States Top five Gallium Nitride Power Device companies in 2023 (%)

Report Includes

This report presents an overview of United States market for Gallium Nitride Power Device , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 – 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Gallium Nitride Power Device sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Gallium Nitride Power Device market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Power Device
•    RF Power Device

Segment by Applications

•    Telecommunications
•    Automotive
•    Industrial
•    Medical
•    Military, Defense & Aerospace
•    Others

Key Companies covered in this report:

•    Navitas Semiconductor
•    Cree, Inc.
•    Efficient Power Conversion (EPC)
•    GaN Systems
•    Texas Instruments
•    Analog Devices
•    Macom Technology Solutions
•    Qorvo
•    Microchip Technology
•    ON Semiconductor

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Gallium Nitride Power Device revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)
•    Key companies Gallium Nitride Power Device revenues share in United Statesn market, 2023 (%)
•    Key companies Gallium Nitride Power Device sales in United Statesn market, 2019-2024 (Estimated),
•    Key companies Gallium Nitride Power Device sales share in United Statesn market, 2023 (%)

Drivers

  1. Rising Demand for Energy Efficiency: The increasing need for energy-efficient solutions across various sectors, including consumer electronics, automotive, and industrial applications, is driving the demand for GaN power devices. These devices offer higher efficiency and lower energy losses compared to traditional silicon devices, aligning with energy conservation goals.
  2. Growth of Electric Vehicles (EVs): The shift towards electric mobility is significantly boosting the GaN power device market. GaN devices are used in EV power electronics due to their high efficiency and compact size, which contributes to improved battery management and overall vehicle performance.
  3. Expansion of Renewable Energy Sources: The transition to renewable energy sources such as solar and wind power is creating a demand for advanced power conversion technologies. GaN power devices are ideal for inverters and converters in renewable energy systems due to their high efficiency and thermal performance.
  4. Advancements in Telecommunications: With the rollout of 5G technology, there is an increasing need for efficient power management solutions. GaN power devices play a critical role in telecommunications infrastructure by enhancing the efficiency of power amplifiers and supporting higher frequency operations.

Restraints

  1. High Initial Costs: Despite the long-term cost benefits associated with GaN power devices, their initial purchase price can be higher than traditional silicon-based devices. This upfront cost may deter some manufacturers, particularly in price-sensitive markets.
  2. Limited Awareness and Knowledge: The relative novelty of GaN technology compared to established silicon technologies may lead to limited awareness and understanding among potential users. This lack of knowledge can hinder adoption in certain applications.
  3. Technical Challenges in Design and Integration: The design and integration of GaN devices into existing systems can pose technical challenges. Engineers may face difficulties in managing thermal performance and ensuring compatibility with traditional components.
  4. Competition from Silicon and Other Technologies: The GaN power device market faces competition from silicon-based solutions and emerging technologies like silicon carbide (SiC). These alternatives may be favored in certain applications due to their established presence and lower costs.

Opportunities

  1. Growing Market for Consumer Electronics: The increasing demand for high-performance consumer electronics, such as smartphones and laptops, presents significant opportunities for GaN power devices. Their compact size and efficiency make them ideal for power adapters and chargers.
  2. Development of Smart Grid Technologies: The push for smart grid infrastructure is creating opportunities for GaN power devices in energy management systems. Their efficiency and reliability can enhance the performance of grid-connected devices and renewable energy integration.
  3. Collaborations and Partnerships: Strategic partnerships between GaN manufacturers and industry leaders in various sectors can drive innovation and broaden market reach. Collaborations can facilitate the development of specialized applications and solutions tailored to specific industry needs.
  4. Increased Government Support and Funding: Government initiatives aimed at promoting energy efficiency and sustainable technologies can provide funding and support for the development and adoption of GaN power devices. This support can lead to increased investment in GaN technology and research.

Challenges

  1. Rapid Technological Advancements: The pace of innovation in the semiconductor industry requires GaN manufacturers to continuously invest in research and development to stay competitive. Keeping up with emerging technologies and market trends can be challenging.
  2. Supply Chain Vulnerabilities: The global semiconductor supply chain can be susceptible to disruptions, impacting the availability and pricing of GaN power devices. Supply chain challenges may hinder the ability to meet growing demand.
  3. Sustainability Concerns: As the focus on sustainability increases, manufacturers must address environmental concerns related to the production and disposal of GaN devices. Ensuring responsible sourcing and manufacturing processes is crucial for maintaining market acceptance.
  4. Complexity of Adoption: The transition from traditional power devices to GaN technology may require significant changes in design and manufacturing processes. This complexity can act as a barrier for some companies, particularly smaller manufacturers with limited resources.

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the Gallium Nitride Power Device Market
•    Overview of the regional outlook of the Gallium Nitride Power Device Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:
•    Global Gallium Nitride Power Device Market
•    United States Gallium Nitride Power Device Market
•    Japan Gallium Nitride Power Device Market
•    Germany Gallium Nitride Power Device Market
•    South Korea Gallium Nitride Power Device Market
•    Indonesia Gallium Nitride Power Device Market
•    Brazil Gallium Nitride Power Device Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.

1 STUDY COVERAGE

1.1 Gallium Nitride Power Device Product Introduction

1.2 Market by Type

1.2.1 United Statesn Gallium Nitride Power Device Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Power Device
1.2.3 RF Power Device

1.3 Market by Application

1.3.1 United States Gallium Nitride Power Device Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2    Telecommunications
1.3.3    Automotive
1.3.4    Industrial
1.3.5    Medical
1.3.6    Military, Defense & Aerospace
1.3.7    Others
1.4 United States Gallium Nitride Power Device Sales Estimates and Forecasts 2019-2030
1.5 United States Gallium Nitride Power Device Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered

2 COMPETITION BY MANUFACTURERS

2.1 United States Gallium Nitride Power Device Sales by Manufacturers
2.1.1 United States Gallium Nitride Power Device Sales by Manufacturers (2019-2024)
2.1.2 United States Gallium Nitride Power Device Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Gallium Nitride Power Device in 2023 in United States
2.2 United States Gallium Nitride Power Device Revenue by Manufacturers
2.2.1 United States Gallium Nitride Power Device Revenue by Manufacturers (2019-2024)
2.2.2 United States Gallium Nitride Power Device Revenue Market Share by Manufacturers (2019-2024)
2.2.3 United States Top Companies by Gallium Nitride Power Device Revenue in 2023
2.3 United States Gallium Nitride Power Device Sales Price by Manufacturers (2019-2024)
2.4 Analysis of Competitive Landscape
2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)
2.4.2 United States Gallium Nitride Power Device by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 United States Gallium Nitride Power Device Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans

3 United States Gallium Nitride Power Device MARKET SIZE BY REGION

3.1 Gallium Nitride Power Device Market Size by Region: 2019-2030
3.1.1 United States Gallium Nitride Power Device Sales by Region: 2019-2024
3.1.2 United States Gallium Nitride Power Device Sales Forecast by Region (2025-2030)
3.1.3 United States Gallium Nitride Power Device Revenue by Region: 2019-2024
3.1.4 United States Gallium Nitride Power Device Revenue Forecast by Region (2025-2030)

4 MARKET SIZE BY TYPE

4.1 United States Gallium Nitride Power Device Sales by Type
4.1.1 United States Gallium Nitride Power Device Historical Sales by Type (2019-2024)
4.1.2 United States Gallium Nitride Power Device Forecasted Sales by Type (2025-2030)
4.1.3 United States Gallium Nitride Power Device Sales Market Share by Type (2019-2030)
4.2 United States Gallium Nitride Power Device Revenue by Type
4.2.1 United States Gallium Nitride Power Device Historical Revenue by Type (2019-2024)
4.2.2 United States Gallium Nitride Power Device Forecasted Revenue by Type (2025-2030)
4.2.3 United States Gallium Nitride Power Device Revenue Market Share by Type (2019-2030)
4.3 United States Gallium Nitride Power Device Price by Type
4.3.1 United States Gallium Nitride Power Device Price by Type (2019-2024)
4.3.2 United States Gallium Nitride Power Device Price Forecast by Type (2025-2030)

5 MARKET SIZE BY APPLICATION

5.1 United States Gallium Nitride Power Device Sales by Application
5.1.1 United States Gallium Nitride Power Device Historical Sales by Application (2019-2024)
5.1.2 United States Gallium Nitride Power Device Forecasted Sales by Application (2025-2030)
5.1.3 United States Gallium Nitride Power Device Sales Market Share by Application (2019-2030)
5.2 United States Gallium Nitride Power Device Revenue by Application
5.2.1 United States Gallium Nitride Power Device Historical Revenue by Application (2019-2024)
5.2.2 United States Gallium Nitride Power Device Forecasted Revenue by Application (2025-2030)
5.2.3 United States Gallium Nitride Power Device Revenue Market Share by Application (2019-2030)
5.3 United States Gallium Nitride Power Device Price by Application
5.3.1 United States Gallium Nitride Power Device Price by Application (2019-2024)
5.3.2 United States Gallium Nitride Power Device Price Forecast by Application (2025-2030)

6.    CORPORATE PROFILE

6.1 Navitas Semiconductor
6.1.1 Navitas Semiconductor Corporation Information
6.1.2 Navitas Semiconductor Overview
6.1.3 Navitas Semiconductor in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 Navitas Semiconductor Gallium Nitride Power Device Product Introduction
6.1.5 Navitas Semiconductor Recent Developments

6.2 Cree, Inc.
6.2.1 Cree, Inc. Corporation Information
6.2.2 Cree, Inc. Overview
6.2.3 Cree, Inc. in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 Cree, Inc. Gallium Nitride Power Device Product Introduction
6.2.5 Cree, Inc. Recent Developments

6.3 Efficient Power Conversion (EPC)
6.3.1 Efficient Power Conversion (EPC) Corporation Information
6.3.2 Efficient Power Conversion (EPC) Overview
6.3.3 Efficient Power Conversion (EPC) in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 Efficient Power Conversion (EPC) Gallium Nitride Power Device Product Introduction
6.3.5 Efficient Power Conversion (EPC) Recent Developments

6.4 GaN Systems
6.4.1 GaN Systems Corporation Information
6.4.2 GaN Systems Overview
6.4.3 GaN Systems in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 GaN Systems Gallium Nitride Power Device Product Introduction
6.4.5 GaN Systems Recent Developments

6.5 Texas Instruments
6.5.1 Texas Instruments Corporation Information
6.5.2 Texas Instruments Overview
6.5.3 Texas Instruments in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 Texas Instruments Gallium Nitride Power Device Product Introduction
6.5.5 Texas Instruments Recent Developments

6.6 Analog Devices
6.6.1 Analog Devices Corporation Information
6.6.2 Analog Devices Overview
6.6.3 Analog Devices in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 Analog Devices Gallium Nitride Power Device Product Introduction
6.6.5 Analog Devices Recent Developments

6.7 Macom Technology Solutions
6.7.1 Macom Technology Solutions Corporation Information
6.7.2 Macom Technology Solutions Overview
6.7.3 Macom Technology Solutions in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Macom Technology Solutions Gallium Nitride Power Device Product Introduction
6.7.5 Macom Technology Solutions Recent Developments

6.8 Qorvo
6.8.1 Qorvo Corporation Information
6.8.2 Qorvo Overview
6.8.3 Qorvo in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 Qorvo Gallium Nitride Power Device Product Introduction
6.8.5 Qorvo Recent Developments

6.9 Microchip Technology
6.9.1 Microchip Technology Corporation Information
6.9.2 Microchip Technology Overview
6.9.3 Microchip Technology in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4Microchip Technology Gallium Nitride Power Device Product Introduction
6.9.5 Microchip Technology Recent Developments

6.10 ON Semiconductor
6.10.1 ON Semiconductor Corporation Information
6.10.2 ON Semiconductor Overview
6.10.3 ON Semiconductor in United States: Gallium Nitride Power Device Sales, Price, Revenue and Gross Margin (2019-2024)
6.10.4 ON Semiconductor Gallium Nitride Power Device Product Introduction
6.10.5 ON Semiconductor Recent Developments

7 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS

7.1 Gallium Nitride Power Device Industry Chain Analysis
7.2 Gallium Nitride Power Device Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Gallium Nitride Power Device Production Mode & Process
7.4 Gallium Nitride Power Device Sales and Marketing
7.4.1 Gallium Nitride Power Device Sales Channels
7.4.2 Gallium Nitride Power Device Distributors
7.5 Gallium Nitride Power Device Customers

8 Gallium Nitride Power Device MARKET DYNAMICS

8.1.1 Gallium Nitride Power Device Industry Trends
8.1.2 Gallium Nitride Power Device Market Drivers
8.1.3 Gallium Nitride Power Device Market Challenges
8.1.4 Gallium Nitride Power Device Market Restraints

9 KEY FINDINGS IN THE United States Gallium Nitride Power Device STUDY

10 APPENDIX

10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer