The Global Gan Semiconductor Market Growth Accelerated By Wide Usage In 5G Infrastructure
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| Gan Semiconductor Market |
GaN semiconductor devices offer numerous advantages such as high-speed switching features, high breakdown voltage, and superior thermal performance over silicon. These devices find wide usage in 5G networks, wireless systems, and data centers. GaN semiconductors are used in the power amplifiers of 5G communication base stations and are instrumental in enabling data transmission speeds of over 10 Gbps. GaN components are crucial for handling the immense power needs of 5G infrastructure and networks.
The
global Gallium Nitride (GaN) Semiconductor Market is estimated to be valued at US$ 3.36 Bn in 2023 and is expected to
exhibit a CAGR of 6.4% over the
forecast period 2023 to 2030, as
highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing adoption of 5G infrastructure and networks is a major factor
driving the growth of the GaN semiconductor market. 5G networks require
advanced semiconductors that can handle high frequencies and wattage levels,
which GaN devices cater to very effectively. GaN is increasingly replacing
silicon and gallium arsenide in power amplifiers used in base stations. GaN
transistors with superior watt-per-square-centimeter strength enables smaller
cell sites while maintaining coverage and capacity. Continuous advancements in
GaN technology, such as the development of efficient deposition techniques, are
further augmenting the use of these semiconductors in high-frequency
applications mandated by 5G.
Segment Analysis
The global GaN semiconductor market is dominated by the RF power segment as GaN
offers an effective solution for wireless infrastructure, military, and aerospace
and defense applications. It has high electron mobility (~2000 cm2/V-s) which
makes it possible to enable transmission power of over 100W at microwave
frequencies. GaN can also operate at high voltages of over 300V, which saves
space and is useful for high-power electronics including electric vehicles.
Key Takeaways:
The Global
Gan Semiconductor Market Size is expected to witness high growth over
the forecast period.
Regional Analysis:
North America currently holds the largest share in the GaN semiconductor market
owing to the strong presence of RF semiconductor manufacturers and telecom
infrastructure providers in the US and Canada. The Asia Pacific region is
expected to expand at the fastest pace during the forecast period supported by
the increasing focus of countries like China, Japan, and South Korea on
deploying 5G infrastructure and producing electric vehicles.
Key Players:
Key players operating in the GaN semiconductor market are Reckitt Benckiser
Group Plc, Nestlé S.A., Abbott Laboratories, Groupe Danone, Royal
FrieslandCampina, Baxter International Inc., Fresenius Kabi, and B. Braun
Melsungen AG.
The global GaN semiconductor market is expected to witness high growth over the
forecast period driven by the rising adoption of 5G networks and increasing
demand for electric vehicles. The RF power segment currently dominates due to
the ability of GaN to enable high power and frequency transmission for wireless
infrastructure and military applications. North America holds the largest share
but Asia Pacific is poised to expand the fastest with strong focus on 5G and
EVs in countries like China, Japan, and South Korea. Key players in the market
include Reckitt Benckiser Group Plc, Nestlé S.A., Abbott Laboratories, Groupe
Danone, Royal FrieslandCampina, Baxter International Inc., Fresenius Kabi, and
B. Braun Melsungen AG.
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