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The Global Gan Semiconductor Market Growth Accelerated By Wide Usage In 5G Infrastructure

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ashwinicmi
The Global Gan Semiconductor Market Growth Accelerated By Wide Usage In 5G Infrastructure

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.


Get more insights on this topic:

https://www.marketwebjournal.com/gan-semiconductor-market-size-market-share-analysis/

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