GaN-on-Silicon Technology Market Analysis and Forecast by 2031

MARKET INTRODUCTION

The GaN-on-silicon technology is anticipated to replace silicon on account of its higher breakdown strength, thermal conductivity and faster switching speed. The technology is likely to outperform conventional silicone-based power chips to become next-generation power semiconductors. Positive outlook from the consumer electronics industry is expected to strengthen the market landscape over the coming years.

MARKET DYNAMICS

The GaN-on-silicon technology market is anticipated to grow in the forecast period owing to driving factors such as lower on-resistance, higher thermal conductivity, greater switching speed and higher breakdown strength. Moreover, increasing applicability in LEDs and radio frequency amplifiers is further likely to propel market growth. However, high material and fabrication cost may hamper the growth of the GaN-on-silicon technology market during the forecast period. On the other hand, the advent of 5G is likely to showcase substantial growth opportunity for the key players operating in the GaN-on-silicon technology market.

MARKET SCOPE

The "Global GaN-on-Silicon Technology Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of GaN-on-silicon technology market with detailed market segmentation by wafer size, industry vertical and geography. The global GaN-on-silicon technology market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading GaN-on-silicon technology market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global GaN-on-silicon technology market is segmented on the basis of wafer size and industry vertical. Based on wafer size, the market is segmented as 50 mm, 100 mm, 150 mm and 200 mm. On the basis of the industry vertical, the market is segmented as automotive, aerospace & defense, consumer electronics, IT & telecom and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global GaN-on-silicon technology market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The GaN-on-silicon technology market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting GaN-on-silicon technology market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the GaN-on-silicon technology market in these regions.

MARKET PLAYERS

The reports cover key developments in the GaN-on-silicon technology market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from GaN-on-silicon technology market are anticipated to lucrative growth opportunities in the future with the rising demand for GaN-on-silicon technology in the global market. Below mentioned is the list of few companies engaged in the GaN-on-silicon technology market.

The report also includes the profiles of key GaN-on-silicon technology companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

•  Infineon Technologies AG
•  NXP Semiconductors
•  OSRAM Opto Semiconductors GmbH
•  Panasonic Corporation
•  Plessey Semiconductors Limited
•  Qorvo, Inc
•  STMicroelectronics
•  Texas Instruments Incorporated
•  Transphorm Inc.
•  Wolfspeed (Cree Inc.)

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

GaN-on-Silicon Technology Report Scope