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GaN (Gallium Nitride) Market worth $15607.85 Million By 2022

The report “Gallium Nitride (GaN) Semiconductor Devices (Discrete & IC) and Substrate Wafer Market by Technology, Application, Product, Device, & by Geography - Forecast & Analysis to 2013 - 2022", defines and segments the global GaN (Gallium Nitride) market, it is expected to reach $15607.85 Million by 2022 with analysis and forecasting the revenues and volumes for the overall market and all its sub-segments.

Browse more than 101 market data tables with 154 figures spread through 417 pages and in-depth TOC on "Gallium Nitride (GaN) Semiconductor Devices (Discrete & IC) and Substrate Wafer Market by Technology, Application, Product, Device & by Geography - Forecast & Analysis to 2013 - 2020"
http://www.marketsandmarkets.com/Market-Reports/gallium-nitride-wafer-market-93870461.html 
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The specific sub sector of semiconductors & electronics where GaN-based semiconductors & Wafer have an edge over normal Si-based counterparts are the “Power Semiconductors & Electronics” and in terms of end-user application sectors. The two major upcoming sectors facilitating the huge demand for GaN semiconductor devices are Industrial & Power sector and Communication Infrastructure sector. The Communication Infrastructure sector has found use for GaN power discretes, particularly transistors in power amplification, rectification, and high-frequency switching.

GaN power semiconductors possess the potential to operate at higher temperatures, higher power levels and voltages, high frequencies (microwave ranges). The number of applications is increasing day by day in various industries that include telecommunication, consumer electronics, automotive, industrial, power and clean-tech applications. The GaN market’s total competitive landscape had only a handful of players at the beginning of the previous decade, but it quickly emerged into a significant network of key players for both power and opto-semiconductors. Currently, the overall GaN power semiconductors market accounts for less than 1% of the total power semiconductors market (currently at $34 billion including power discretes and power ICs), but over the next ten years, the entire base for power semiconductors & electronics players is expected to penetrate into this new value chain, thereby rapidly increasing the percentage share.

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Today’s world includes numerous suitable power applications for GaN in several application segments, such as power distribution systems, industrial systems, heavy electrical systems, turbines, heavy machinery, advanced industrial control systems, electro-mechanical computing systems, and so on, also inclusive of several new power applications (clean-tech) such as High-Voltage Direct Current (HVDC), Smart Grid Power Systems, Wind Turbines, Wind Power Systems, Solar Power Systems, Electric & Hybrid Electric Vehicles. Another application sector is ICT, with several communication application segments such as RF, RADAR, and Satellite communication offering huge revenue potentials owing to the unbeatable ability of GaN to operate at high-frequency ranges, including microwave frequencies. The potential market size of these massive applications is currently in trillions, making the total addressable market for the GaN power semiconductors worth billions.

This report is based on the extensive research study on GaN semiconductors device and wafer market and industry, is aimed at identifying the entire market of the GaN semiconductor devices, GaN Wafers and all its sub-segments through extensively detailed classifications, in terms of both - revenue and shipments. This report is focused on giving a bird’s eye-view of the upcoming industry with regards to GaN market with detailed market segmentations; combined with qualitative analysis at each and every aspect of the classifications done by form factor, design architecture, substrate technology, technology (process) node, products, devices, applications, and geography. All the numbers, both - revenue & volume, at every level of detail, are forecasted till 2022 to give a glimpse of the potential revenue base in the GaN industry and market.

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