United States GaN Power Semiconductor Devices Market Outlook and Forecast 2024-2030

United States GaN Power Semiconductor Devices Market was valued at US$ 567 million in 2024 and is projected to reach US$ 1.56 billion by 2030, at a CAGR of 18.4% during the forecast period 2024-2030.

 

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United States GaN Power Semiconductor Devices Market was valued at US$ 567 million in 2024 and is projected to reach US$ 1.56 billion by 2030, at a CAGR of 18.4% during the forecast period 2024-2030.
GaN (Gallium Nitride) power semiconductor devices are high-performance electronic components that utilize gallium nitride as a material for efficient power conversion and management. They are known for their ability to operate at higher voltages, frequencies, and temperatures compared to traditional silicon devices, resulting in improved efficiency, reduced size, and lighter weight in applications such as power supplies, electric vehicles, and renewable energy systems.
Power semiconductor devices based on Gallium Nitride, offering high efficiency and fast switching speeds.Rapid adoption in power electronics, renewable energy, and electric vehicle applications. Increasing focus on energy efficiency driving demand for GaN devices. Advancements in GaN technology improving device performance and reliability.This report contains market size and forecasts of GaN Power Semiconductor Devices in United States, including the following market information: •    United States GaN Power Semiconductor Devices Market Revenue, 2019-2024, 2024-2030, ($ millions) •    United States GaN Power Semiconductor Devices Market Sales, 2019-2024, 2024-2030, •    United States Top five GaN Power Semiconductor Devices companies in 2023 (%)Report IncludesThis report presents an overview of United States market for GaN Power Semiconductor Devices , 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 GaN Power Semiconductor Devices sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States GaN Power Semiconductor Devices 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

•    2 Inch •    4 Inch •    6 Inch •    8 Inch •    12 Inch

Segment by Applications

•    Communication •    Automotive •    Consumer Electronics •    Defence/Aerospace •    Healthcare •    Industry,Power and Solar & WindKey Companies covered in this report:•    Cree Inc. •    Efficient Power Conversion (EPC) •    Texas Instruments •    Microchip Technology •    MACOM •    Qorvo •    Navitas Semiconductor •    GaN Systems •    Transphorm •    Analog DevicesIncluding or excluding key companies relevant to your analysis.

Competitor Analysis

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

Drivers

  1. Increasing Demand for Energy Efficiency: The push for energy-efficient devices across various industries, including automotive, consumer electronics, and industrial sectors, is a major driver. GaN devices offer higher efficiency and lower power losses compared to traditional silicon counterparts, making them attractive for applications where energy savings are paramount.
  2. Growth of Electric Vehicles (EVs): The rising adoption of electric vehicles is significantly boosting the demand for GaN power semiconductors. These devices enable faster charging and more efficient power conversion in EVs, contributing to the overall growth of the market.
  3. Advancements in Renewable Energy: The shift towards renewable energy sources, such as solar and wind, is driving the need for efficient power conversion technologies. GaN power semiconductors are well-suited for inverters and converters used in renewable energy systems, enhancing their market appeal.
  4. Technological Advancements: Continuous advancements in GaN technology, such as improved fabrication processes and materials, are enhancing the performance and reliability of these devices. This innovation is attracting investments and fostering market growth.
  5. Miniaturization of Devices: The trend towards smaller, more compact electronic devices is increasing the demand for GaN semiconductors. Their high efficiency and compact size enable the development of smaller power supplies and chargers, particularly in consumer electronics.

Restraints

  1. High Manufacturing Costs: The production of GaN power semiconductor devices involves higher costs compared to silicon semiconductors. This cost factor can limit their adoption, particularly in price-sensitive markets or applications.
  2. Limited Awareness and Knowledge: There is still a lack of awareness and understanding of GaN technology among some end-users and manufacturers. This knowledge gap can hinder the widespread adoption of GaN devices in various applications.
  3. Competition from Silicon Technologies: Despite their advantages, GaN devices face stiff competition from established silicon-based technologies, which are well understood and have a significant market presence. The transition to GaN may require additional training and adjustments in existing manufacturing processes.

Opportunities

  1. Emerging Applications: The development of new applications, particularly in areas like telecommunications, data centers, and military/aerospace, presents significant opportunities for GaN power semiconductors. These sectors demand high performance and efficiency, aligning well with GaN technology.
  2. Integration with Other Technologies: The integration of GaN devices with other technologies, such as silicon carbide (SiC) semiconductors, can create hybrid solutions that leverage the strengths of both materials, further expanding their application range.
  3. Government Initiatives: Various government initiatives aimed at promoting energy efficiency and reducing carbon emissions can provide a favorable environment for the growth of GaN power semiconductors. Incentives for electric vehicles and renewable energy projects can boost demand.
  4. International Expansion: U.S. companies specializing in GaN technology have opportunities to expand into international markets where energy efficiency is becoming increasingly important, thus driving global demand for their products.

Challenges

  1. Market Competition: The GaN power semiconductor market is becoming increasingly competitive, with numerous players entering the field. Established semiconductor manufacturers and new entrants alike are vying for market share, making it crucial for companies to differentiate their offerings.
  2. Supply Chain Issues: The semiconductor industry, including GaN devices, has faced significant supply chain disruptions in recent years. These challenges can impact the availability of components and materials needed for production, potentially delaying product launches and affecting market growth.
  3. Regulatory Compliance: Adhering to stringent regulatory standards for electronic components can pose challenges for manufacturers. Compliance with environmental and safety regulations requires investment in quality assurance and testing processes.
  4. Technological Limitations: While GaN technology offers significant advantages, it is not suitable for all applications. Certain high-power applications may still favor traditional silicon technologies, limiting the market penetration of GaN devices in some areas.
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 GaN Power Semiconductor Devices Market •    Overview of the regional outlook of the GaN Power Semiconductor Devices MarketKey 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 supportWe offer additional regional and global reports that are similar: •    Global GaN Power Semiconductor Devices Market •    United States GaN Power Semiconductor Devices Market •    Japan GaN Power Semiconductor Devices Market •    Germany GaN Power Semiconductor Devices Market •    South Korea GaN Power Semiconductor Devices Market •    Indonesia GaN Power Semiconductor Devices Market •    Brazil GaN Power Semiconductor Devices MarketCustomization 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.

United States GaN Power Semiconductor Devices Market Outlook and Forecast 2024-2030

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Table of Content

1 STUDY COVERAGE

1.1 GaN Power Semiconductor Devices Product Introduction

1.2 Market by Type

1.2.1 United Statesn GaN Power Semiconductor Devices Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 2 Inch
1.2.3 4 Inch
1.2.4 6 Inch
1.2.5 8 Inch
1.2.6 12 Inch

1.3 Market by Application

1.3.1 United States GaN Power Semiconductor Devices Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2    Communication
1.3.3    Automotive
1.3.4    Consumer Electronics
1.3.5    Defence/Aerospace
1.3.6    Healthcare
1.3.7    Industry,Power and Solar & Wind
1.4 United States GaN Power Semiconductor Devices Sales Estimates and Forecasts 2019-2030
1.5 United States GaN Power Semiconductor Devices Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered

2 COMPETITION BY MANUFACTURERS

2.1 United States GaN Power Semiconductor Devices Sales by Manufacturers
2.1.1 United States GaN Power Semiconductor Devices Sales by Manufacturers (2019-2024)
2.1.2 United States GaN Power Semiconductor Devices Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of GaN Power Semiconductor Devices in 2023 in United States
2.2 United States GaN Power Semiconductor Devices Revenue by Manufacturers
2.2.1 United States GaN Power Semiconductor Devices Revenue by Manufacturers (2019-2024)
2.2.2 United States GaN Power Semiconductor Devices Revenue Market Share by Manufacturers (2019-2024)
2.2.3 United States Top Companies by GaN Power Semiconductor Devices Revenue in 2023
2.3 United States GaN Power Semiconductor Devices 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 GaN Power Semiconductor Devices by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 United States GaN Power Semiconductor Devices Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans

3 United States GaN Power Semiconductor Devices MARKET SIZE BY REGION

3.1 GaN Power Semiconductor Devices Market Size by Region: 2019-2030
3.1.1 United States GaN Power Semiconductor Devices Sales by Region: 2019-2024
3.1.2 United States GaN Power Semiconductor Devices Sales Forecast by Region (2025-2030)
3.1.3 United States GaN Power Semiconductor Devices Revenue by Region: 2019-2024
3.1.4 United States GaN Power Semiconductor Devices Revenue Forecast by Region (2025-2030)

4 MARKET SIZE BY TYPE

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

5 MARKET SIZE BY APPLICATION

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

6.    CORPORATE PROFILE

6.1 Cree Inc.
6.1.1 Cree Inc. Corporation Information
6.1.2 Cree Inc. Overview
6.1.3 Cree Inc. in United States: GaN Power Semiconductor Devices Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 Cree Inc. GaN Power Semiconductor Devices Product Introduction
6.1.5 Cree Inc. Recent Developments

6.2 Efficient Power Conversion (EPC)
6.2.1 Efficient Power Conversion (EPC) Corporation Information
6.2.2 Efficient Power Conversion (EPC) Overview
6.2.3 Efficient Power Conversion (EPC) in United States: GaN Power Semiconductor Devices Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 Efficient Power Conversion (EPC) GaN Power Semiconductor Devices Product Introduction
6.2.5 Efficient Power Conversion (EPC) Recent Developments

6.3 Texas Instruments
6.3.1 Texas Instruments Corporation Information
6.3.2 Texas Instruments Overview
6.3.3 Texas Instruments in United States: GaN Power Semiconductor Devices Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 Texas Instruments GaN Power Semiconductor Devices Product Introduction
6.3.5 Texas Instruments Recent Developments

6.4 Microchip Technology
6.4.1 Microchip Technology Corporation Information
6.4.2 Microchip Technology Overview
6.4.3 Microchip Technology in United States: GaN Power Semiconductor Devices Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 Microchip Technology GaN Power Semiconductor Devices Product Introduction
6.4.5 Microchip Technology Recent Developments

6.5 MACOM
6.5.1 MACOM Corporation Information
6.5.2 MACOM Overview
6.5.3 MACOM in United States: GaN Power Semiconductor Devices Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 MACOM GaN Power Semiconductor Devices Product Introduction
6.5.5 MACOM Recent Developments

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

6.7 Navitas Semiconductor
6.7.1 Navitas Semiconductor Corporation Information
6.7.2 Navitas Semiconductor Overview
6.7.3 Navitas Semiconductor in United States: GaN Power Semiconductor Devices Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Navitas Semiconductor GaN Power Semiconductor Devices Product Introduction
6.7.5 Navitas Semiconductor Recent Developments

6.8 GaN Systems
6.8.1 GaN Systems Corporation Information
6.8.2 GaN Systems Overview
6.8.3 GaN Systems in United States: GaN Power Semiconductor Devices Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 GaN Systems GaN Power Semiconductor Devices Product Introduction
6.8.5 GaN Systems Recent Developments

6.9 Transphorm
6.9.1 Transphorm Corporation Information
6.9.2 Transphorm Overview
6.9.3 Transphorm in United States: GaN Power Semiconductor Devices Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4Transphorm GaN Power Semiconductor Devices Product Introduction
6.9.5 Transphorm Recent Developments

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

7 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS

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

8 GaN Power Semiconductor Devices MARKET DYNAMICS

8.1.1 GaN Power Semiconductor Devices Industry Trends
8.1.2 GaN Power Semiconductor Devices Market Drivers
8.1.3 GaN Power Semiconductor Devices Market Challenges
8.1.4 GaN Power Semiconductor Devices Market Restraints

9 KEY FINDINGS IN THE United States GaN Power Semiconductor Devices 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

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