The global Gallium Nitride (GaN) Semiconductor Device Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Product (GaN Radio Frequency Devices, Opto-semiconductors, Power Semiconductors), By Component (Transistor, Diode, Rectifier, Power IC, Others), By Wafer Size (2-inch, 4-inch, 6-inch, 8-inch), By End-User (Automotive, Consumer Electronics, Defense & Aerospace, Healthcare, Information & Communication Technology, Industrial & Power, Others).
The Gallium Nitride (GaN) Semiconductor Device Market in 2024 is experiencing rapid growth due to the superior properties of GaN over traditional silicon-based semiconductors. GaN devices offer higher efficiency, faster switching speeds, higher power density, and greater thermal conductivity, making them ideal for applications in power electronics, RF components, and optoelectronics. The market is driven by the rise of 5G technology, electric vehicles, renewable energy systems, and advanced computing. Innovations in GaN semiconductor technology are leading to the development of high-performance transistors, diodes, and integrated circuits, enabling significant improvements in power conversion efficiency and miniaturization of electronic devices.
The market report analyses the leading companies in the industry including Cree Inc, Efficient Power Conversion Corp, Fujitsu Ltd, GaN Systems, Infineon Technologies AG, Nexgen Power Systems, NXP Semiconductor, Qorvo Inc, Texas Instruments Inc, Toshiba Corp, and others.
The prominent trend in the Gallium Nitride (GaN) Semiconductor Device market is the increasing adoption of GaN technology in power electronics. GaN devices offer superior performance characteristics, such as higher efficiency, faster switching speeds, and greater thermal conductivity compared to traditional silicon-based semiconductors. This trend is driven by the need for advanced power electronics in applications such as electric vehicles, renewable energy systems, and data centers.
A key driver is the rising demand for energy-efficient solutions. As industries and consumers seek to reduce energy consumption and minimize environmental impact, GaN semiconductor devices provide an attractive alternative to conventional silicon devices. The efficiency gains achieved with GaN technology translate to lower power losses and improved overall system performance, making it a preferred choice for power conversion and management applications.
An opportunity exists in the expansion into 5G and high-frequency applications. GaN technology is well-suited for high-frequency and high-power applications, making it ideal for 5G telecommunications, radar systems, and satellite communications. The ongoing deployment of 5G networks and the increasing demand for high-speed, reliable communication infrastructure present significant market opportunities for GaN semiconductor devices, driving further innovation and adoption.
The largest segment in 2024 for the Gallium Nitride (GaN) Semiconductor Device market by product is expected to be the Power Semiconductors segment. GaN power semiconductors are widely used in applications requiring high efficiency, fast switching speeds, and high thermal conductivity. The growing demand for energy-efficient power electronics in sectors such as automotive, industrial, and renewable energy drives the dominance of the power semiconductors segment in the market.
The segment poised to register the fastest growth to 2030 in the GaN Semiconductor Device market by component is the Transistor segment. GaN transistors, including high-electron-mobility transistors (HEMTs), are essential for high-frequency and high-power applications. The increasing adoption of GaN transistors in 5G infrastructure, electric vehicles, and advanced power conversion systems supports the rapid growth of this segment.
The largest segment in 2024 for the GaN Semiconductor Device market by wafer size is anticipated to be the 4-inch segment. 4-inch GaN wafers are commonly used in the production of power and RF (radio frequency) semiconductor devices. The established manufacturing infrastructure and the balance between cost and performance make 4-inch wafers the preferred choice for many applications, driving their leading position in the market.
The segment poised to register the fastest growth to 2030 in the GaN Semiconductor Device market by end-user is the Automotive segment. The automotive industry is rapidly adopting GaN technology for applications such as onboard chargers, power inverters, and advanced driver assistance systems (ADAS). The increasing focus on electric vehicles and the need for efficient power electronics in automotive applications drive the rapid growth of the automotive segment.
By Product
GaN Radio Frequency Devices
Opto-semiconductors
Power Semiconductors
By Component
Transistor
Diode
Rectifier
Power IC
Others
By Wafer Size
2-inch
4-inch
6-inch
8-inch
By End-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Information & Communication Technology
Industrial & Power
OthersCountries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Cree Inc
Efficient Power Conversion Corp
Fujitsu Ltd
GaN Systems
Infineon Technologies AG
Nexgen Power Systems
NXP Semiconductor
Qorvo Inc
Texas Instruments Inc
Toshiba Corp
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Gallium Nitride (GaN) Semiconductor Device Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Gallium Nitride (GaN) Semiconductor Device Market Size Outlook, $ Million, 2021 to 2032
3.2 Gallium Nitride (GaN) Semiconductor Device Market Outlook by Type, $ Million, 2021 to 2032
3.3 Gallium Nitride (GaN) Semiconductor Device Market Outlook by Product, $ Million, 2021 to 2032
3.4 Gallium Nitride (GaN) Semiconductor Device Market Outlook by Application, $ Million, 2021 to 2032
3.5 Gallium Nitride (GaN) Semiconductor Device Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Gallium Nitride (GaN) Semiconductor Device Industry
4.2 Key Market Trends in Gallium Nitride (GaN) Semiconductor Device Industry
4.3 Potential Opportunities in Gallium Nitride (GaN) Semiconductor Device Industry
4.4 Key Challenges in Gallium Nitride (GaN) Semiconductor Device Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Gallium Nitride (GaN) Semiconductor Device Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Gallium Nitride (GaN) Semiconductor Device Market Outlook by Segments
7.1 Gallium Nitride (GaN) Semiconductor Device Market Outlook by Segments, $ Million, 2021- 2032
By Product
GaN Radio Frequency Devices
Opto-semiconductors
Power Semiconductors
By Component
Transistor
Diode
Rectifier
Power IC
Others
By Wafer Size
2-inch
4-inch
6-inch
8-inch
By End-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Information & Communication Technology
Industrial & Power
Others
8 North America Gallium Nitride (GaN) Semiconductor Device Market Analysis and Outlook To 2032
8.1 Introduction to North America Gallium Nitride (GaN) Semiconductor Device Markets in 2024
8.2 North America Gallium Nitride (GaN) Semiconductor Device Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Gallium Nitride (GaN) Semiconductor Device Market size Outlook by Segments, 2021-2032
By Product
GaN Radio Frequency Devices
Opto-semiconductors
Power Semiconductors
By Component
Transistor
Diode
Rectifier
Power IC
Others
By Wafer Size
2-inch
4-inch
6-inch
8-inch
By End-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Information & Communication Technology
Industrial & Power
Others
9 Europe Gallium Nitride (GaN) Semiconductor Device Market Analysis and Outlook To 2032
9.1 Introduction to Europe Gallium Nitride (GaN) Semiconductor Device Markets in 2024
9.2 Europe Gallium Nitride (GaN) Semiconductor Device Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Gallium Nitride (GaN) Semiconductor Device Market Size Outlook by Segments, 2021-2032
By Product
GaN Radio Frequency Devices
Opto-semiconductors
Power Semiconductors
By Component
Transistor
Diode
Rectifier
Power IC
Others
By Wafer Size
2-inch
4-inch
6-inch
8-inch
By End-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Information & Communication Technology
Industrial & Power
Others
10 Asia Pacific Gallium Nitride (GaN) Semiconductor Device Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Gallium Nitride (GaN) Semiconductor Device Markets in 2024
10.2 Asia Pacific Gallium Nitride (GaN) Semiconductor Device Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Gallium Nitride (GaN) Semiconductor Device Market size Outlook by Segments, 2021-2032
By Product
GaN Radio Frequency Devices
Opto-semiconductors
Power Semiconductors
By Component
Transistor
Diode
Rectifier
Power IC
Others
By Wafer Size
2-inch
4-inch
6-inch
8-inch
By End-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Information & Communication Technology
Industrial & Power
Others
11 South America Gallium Nitride (GaN) Semiconductor Device Market Analysis and Outlook To 2032
11.1 Introduction to South America Gallium Nitride (GaN) Semiconductor Device Markets in 2024
11.2 South America Gallium Nitride (GaN) Semiconductor Device Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Gallium Nitride (GaN) Semiconductor Device Market size Outlook by Segments, 2021-2032
By Product
GaN Radio Frequency Devices
Opto-semiconductors
Power Semiconductors
By Component
Transistor
Diode
Rectifier
Power IC
Others
By Wafer Size
2-inch
4-inch
6-inch
8-inch
By End-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Information & Communication Technology
Industrial & Power
Others
12 Middle East and Africa Gallium Nitride (GaN) Semiconductor Device Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Gallium Nitride (GaN) Semiconductor Device Markets in 2024
12.2 Middle East and Africa Gallium Nitride (GaN) Semiconductor Device Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Gallium Nitride (GaN) Semiconductor Device Market size Outlook by Segments, 2021-2032
By Product
GaN Radio Frequency Devices
Opto-semiconductors
Power Semiconductors
By Component
Transistor
Diode
Rectifier
Power IC
Others
By Wafer Size
2-inch
4-inch
6-inch
8-inch
By End-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Information & Communication Technology
Industrial & Power
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Cree Inc
Efficient Power Conversion Corp
Fujitsu Ltd
GaN Systems
Infineon Technologies AG
Nexgen Power Systems
NXP Semiconductor
Qorvo Inc
Texas Instruments Inc
Toshiba Corp
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Product
GaN Radio Frequency Devices
Opto-semiconductors
Power Semiconductors
By Component
Transistor
Diode
Rectifier
Power IC
Others
By Wafer Size
2-inch
4-inch
6-inch
8-inch
By End-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Information & Communication Technology
Industrial & Power
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Gallium Nitride (GaN) Semiconductor Device Market Size is valued at $22.8 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.7% to reach $35.5 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Cree IncEfficient Power Conversion CorpFujitsu LtdGaN SystemsInfineon Technologies AGNexgen Power SystemsNXP SemiconductorQorvo IncTexas Instruments IncToshiba Corp
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: Revenue (USD); Volume