The Gallium Nitride Power Device Market, estimated at USD 344.8 Mn in 2025, is expected to exhibit a CAGR of 24.65% and reach USD 1,612.2 Mn by 2032.
The industry is witnessing significant growth driven by rising demand for high-performance, energy-efficient, and application-specific semiconductor solutions across consumer electronics, automotive, telecommunications, and industrial sectors. Rapid advancements in chip design, manufacturing processes, and integration of AI and IoT capabilities are reshaping the competitive landscape. Furthermore, supportive government initiatives, increasing investments in fabrication facilities, and the push toward next-generation technologies such as 5G and advanced packaging are expected to create new growth avenues for market players.
Telecommunication segment held dominant position in the global Gallium Nitride Power Device Market in 2022, accounting for 33.4% share in terms of value, increasing demand and production is expected to propel growth of the segment during the forecast period.
Global Gallium Nitride Power Device Market: Competitive Landscape
Cree Inc., Efficient Power Conversion (EPC) Corporation, Infineon Technologies, GaN Systems Inc., Macom, Microsemi Corporation, Mitsubishi Electric Corporation, Navitas Semiconductor, Qorvo, Inc., and Toshiba Electronic Devices & Storage Corporation.
Global Gallium Nitride Power Device Market: Recent Developments
- In November 2021, Transphorm and Weltrend Semiconductor Partner to Release Integrated GaN System-in-Packagehe global leader in adapter USB Power Delivery (PD) Controller Integrated Circuits (ICs), today announced the release of their first GaN System-in-Package (SiP).
- In September 2022, Fujitsu Limited, Japanese technology company announced a thorough overhaul to strengthen its modernization services offerings (DX). To design the appropriate DX platform, Fujitsu will collaborate with clients to visualize their current assets, including business processes, data, applications, and IT infrastructure. It will also offer assistance in streamlining and modernizing systems
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