Anticipated Surge: RF Gallium Nitride Market Projected to Exceed $2.8 Billion by 2028


Posted March 28, 2024 by avinashgogawale14

It is projected that the RF Gallium Nitride Market Size will reach USD 2.8 billion by 2028, growing at a compound annual growth rate (CAGR) of 12.9% from its expected USD 1.5 billion in 2023.

 
With a predicted worth of USD 1.5 billion in 2023 and a projected USD 2.8 billion by 2028, the RF Gallium Nitride (GaN) Market has experienced tremendous growth. This represents a powerful compound annual growth rate (CAGR) of 12.9% throughout the forecast period.

This growth trend highlights how RF GaN technology is becoming more and more in demand across a range of industries. Due to its excellent electron mobility and power efficiency, RF GaN is widely used in industries like consumer electronics, defence, aerospace, and telecommunications. The market is expected to increase due to many factors such as the increasing demand for energy-efficient and small RF devices, the proliferation of wireless communication technologies, and the growing requirement for high-speed data transfer. Furthermore, GaN technology is being adopted in power amplifiers, radar systems, and wireless infrastructure because to its superior performance characteristics and ongoing improvements, which are propelling the market expansion. Because of this, the RF GaN market is expected to grow significantly over the next several years due to rising R&D spending and the ongoing growth of wireless communication networks.

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The rising use of RF gallium nitride (GaN) transistors in aerospace, defence, and military applications is a major factor driving up demand for these devices. GaN RF semiconductor devices are very well suited for these challenging settings because of their outstanding performance characteristics. They are essential to vital communication and radar systems used in military and defence operations because of their capacity to function at high frequencies with efficiency and dependability. Moreover, GaN is the best material for radiofrequency (RF) applications where compact size and power efficiency are critical due to its intrinsic qualities, which include high electron mobility and power density.

Sumitomo Electric Device Innovations, Inc. (Japan), Qorvo, Inc. (US), WOLFSPEED, INC. (US), NXP Semiconductors (Netherlands), MACOM (US), Infineon Technologies AG (Germany), ROHM Co., Ltd. (Japan), Texas Instruments Incorporated (Texas), Toshiba Corporation (Japan), STMicroelectronics N.V. (Switzerland), Raytheon Technologies Corporation (US), Analog Devices, Inc. (US), ON Semiconductor Corporation (US), Mitsubishi Electric Corporation (Japan), Coherent Corp. (II-VI Incorporated) (US), Mercury Systems, Inc. (US), EPISTAR Corporation (China), RFHIC Corporation (South Korea), Integra Technologies Inc. (US), Transphorm Inc., GaN Systems (US), Efficient Power Conversion Corporation (US), Microsemi Corporation (Microchip Technology Incorporated) (US), Aethercomm (US), and Ampleon (Netherlands) are some of the key players in the RF gallium nitride market. These players have adopted growth strategies to retain their presence in the RF gallium nitride market. Product launches and developments have been the most dominating strategy adopted by the key players from 2020 to 2023 to help them broaden their customer base.

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Sumitomo Electric Industries, Ltd.

Leading producer of electric wire and optical fibre cables, Sumitomo Electric Industries, Ltd. serves a range of markets, including automotive, electronics, industrial materials, information communications, and environment and energy. Global conglomerate Sumitomo Electric Device Innovations, Inc., a division of Sumitomo Electric Industries, Ltd., is a leader in a number of industries, including information and communication technology, automotive components, and electric power. The company specialises in semiconductor devices, including power, RF (Radio Frequency), and optoelectronic devices. It has a wide range of products. Numerous industries, including the automotive, telecommunications, industrial, and consumer electronics sectors, benefit from these excellent products. Sumitomo Electric operates through five discrete business categories: automotive, electronics, info-communications, environment & energy, and industrial materials. Each of these segments provides comprehensive solutions that are customised to match the unique requirements of the industry. The company's GaN solutions are particularly noteworthy because they are essential for a variety of applications that demand great performance and dependability. They are primarily highlighted in its info-communications division. Sumitomo Electric continues to provide cutting-edge solutions that propel developments across industries and promote sustainable growth in the worldwide market by using its knowledge and technological innovation.

WOLFSPEED, INC.

Formerly known as Cree, Inc., WOLFSPEED, INC. is a well-known producer and supplier of semiconductor products serving a variety of markets, including communications, energy, transportation, and industrial. The company specialises in gallium-nitride (GaN) technology and provides a wide array of goods such as power modules, radio frequency (RF) products, and GaN high electron mobility transistors (HEMT). Numerous industries, including aerospace, defence, and communication infrastructure, use these state-of-the-art systems. As a pioneer in GaN technology, WOLFSPEED, INC. has led the way in important developments and breakthroughs in the area. The firm offers GaN-on-Silicon Carbide (GaN-on-SiC) and GaN-on-Silicon (GaN-on-Si) devices, each designed to provide unique benefits and address certain use cases.

NXP Semiconductors

Renowned multinational semiconductor manufacturer NXP Semiconductors specialises in high-performance standard and mixed-signal semiconductor products. NXP offers a wide range of products that are used in the automotive, consumer electronics, computer, smart homes and cities, industrial, and communication infrastructure sectors. NXP offers RF high-power GaN solutions that are suited for defence, cellular infrastructure, and industrial applications. These RF GaN items include a variety of parts, including RF transistors and amplifiers, which are essential for the industrial, aerospace, defence, and wireless infrastructure applications. In wireless communication networks, these solutions are essential for meeting the growing demand for greater data speeds, improved system efficiency, and superior signal quality.

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MACOM

Renowned multinational semiconductor manufacturer NXP Semiconductors specialises in high-performance standard and mixed-signal semiconductor products. NXP offers a wide range of products that are used in the automotive, consumer electronics, computer, smart homes and cities, industrial, and communication infrastructure sectors. NXP offers RF high-power GaN solutions that are suited for defence, cellular infrastructure, and industrial applications. These RF GaN items include a variety of parts, including RF transistors and amplifiers, which are essential for the industrial, aerospace, defence, and wireless infrastructure applications. In wireless communication networks, these solutions are essential for meeting the growing demand for greater data speeds, improved system efficiency, and superior signal quality.

MACOM distributes GaN products mainly through its Industrial & Defence division. MACOM operates through three unique business segments: Telecom, Industrial & Defence, and Data Centre. Utilising its GaN technology know-how, MACOM is dedicated to offering cutting-edge semiconductor solutions that satisfy the changing demands of diverse sectors. By means of its extensive range of products and deliberate emphasis on GaN technology, MACOM persists in propelling progress in semiconductor technology and assumes a crucial function in moulding the trajectory of numerous sectors.

STMicroelectronics N.V.

STMicroelectronics N.V. is a well-known multinational semiconductor manufacturer with a wide range of products that serve a variety of markets, such as computing peripherals, industrial, automotive, and personal electronics. STMicroelectronics, a company well-known for its proficiency with silicon-based technology, has expanded into the creation and assimilation of Gallium Nitride (GaN) technology. Power transistors and integrated solutions with high switching speeds, low on-resistance, and remarkable thermal performance are among the GaN products offered by the firm. These GaN solutions are essential for enabling small and effective power conversion solutions, which in turn accelerates the uptake of electric vehicles and expands the use of renewable energy generation systems. Leading the way in semiconductor technology advancements and industry evolution, STMicroelectronics provides improved energy efficiency and enables more simplified designs for power supplies in a broad range of consumer, industrial, and automotive applications.

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Last Updated March 28, 2024