Global RF GaN (Radio-Frequency Gallium Nitride) Market growing at a CAGR of 19.2% from 2023 to 2030
Category : Semiconductor And Electronics | Published Date : Aug 2023
Key Market Overview
The RF GaN (Radio-Frequency Gallium Nitride) market is poised for strong expansion and is expected to reach USD 4,602.15 million by 2030. The market was sized at USD 1,156.62 million in 2022 and is projected to grow at a compound annual growth rate of 19.2% during the period 2023-2030.
The report highlights the increasing adoption of RF GaN (Radio-Frequency Gallium Nitride) owing increasing demand for GaN in defense and military sector for high end radio signals transmissions is driving the market growth. Consegic Business Intelligence provides an inclusive research report on the RF GaN (Radio-Frequency Gallium Nitride) market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global RF GaN (Radio-Frequency Gallium Nitride) Market By Overview
Consegic Business Intelligence provided an inclusive research report on the RF GaN (Radio-Frequency Gallium Nitride) market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends. Increasing application of RF GaN in mobile communications is further contributing remarkably in boosting the market growth.
Get Free SampleMarket Dynamics
Driver:
- Increasing application of RF GaN in mobile communications is driving the market growth.
- Increasing demand for GaN in defense and military sector for high end radio signals transmissions is driving the market growth.
Restraints:
- High cost of equipment and devices manufactured based on GaN is restraining the market growth of RF GaN.
- Availability of alternatives in the form of Silicon LDMOS and Gallium Arsenide (GaAs) is restraining the market growth.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | GaN-on-Si, GaN-on-SiC, and Others |
| By Product Type | RF Transistors, RF Amplifiers, and Others |
| By Application | Radar and Avionics, Hybrid and EC Components, Wireless Infrastructure, Satellite Communication, Wired Broadband, Data Centers, Traction Motor, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The landscape for RF GaN (Radio-Frequency Gallium Nitride) market is highly competitive with major players including WOLFSPEED, Inc. Integra Technologies Inc., MACOM Technology, Mitsubishi Electric Corporation, STMicroelectronics that have a strong market position in current market circumstances. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments in the RF GaN (Radio-Frequency Gallium Nitride) market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.
- Qorvo, Inc.
- Analog Devices, Inc.
- Aethercomm
- WOLFSPEED, Inc.
- Integra Technologies Inc.
- MACOM Technology
- Mitsubishi Electric Corporation
- STMicroelectronics
- Raytheon Technologies Corporation
- MaxLinear
- Microsemi
- NXP Semiconductors
- Sumitomo Electric Industries, Ltd.
- Mercury Systems, Inc.