Gallium Nitride Semiconductor Device Market is expected to grow at a considerable rate during the forecast period 2019-2025. Gallium nitride is emerging as a substitute for silicon in various semiconductor devices. Due to its high electron mobility than silicon, gallium nitride is growing the applications. gallium nitride is preferred for high RF (Radio Frequency) devices being used for long-distance transmission of signals. gallium nitride also possesses high thermal dissipation characteristics as compared to conventional SiC (Silicon carbide). With technological advantages, gallium nitride is penetrating in RF semiconductor devices rapidly. Application of semiconductors in various electronic devices is augmenting the growth rate for global gallium nitride semiconductor device market. The rapidly growing use of electronic devices in emerging economies and a steep surge in the electronic industry, development of HEV (Hybrid Electric Vehicles) are some of the major factors contributing significantly in the gallium nitride semiconductor device market. With the technological advancement in communication and medical devices, the market is estimated to generate a huge number of opportunities during the forecast period.

Furthermore, growth in the semiconductor industry is reflecting a positive increase in the market value. The shifting trend of the working environment in companies towards electronic devices is encouraging the growth of the semiconductor industry. Moreover, the rapid surge in smartphone users across the globe is leading the positive way ahead for the semiconductor industry. Therefore, with growth in the semiconductor industry, global gallium nitride semiconductor devices market is estimated to grow substantially.

Among the several applications, gallium nitride semiconductor device market is segmented on the basis of device type into LED, transistor, and nanotubes. Due to the wide range of applications of LED in consumer electronics, the LED segment contributes a significant share to the market. Transistor segment is the fastest emerging. On the basis of end-user, gallium nitride semiconductor device market is bifurcated into automotive, consumer electronics, defense & military equipment, medical devices, and others. Consumer electronics segment is the largest shareholder in the market due to widespread and continuously growing applications of consumer electronic products.

Geographically, the market is divided into North America, Europe, Asia-Pacific and Rest of the World.  North America is leading the global gallium nitride semiconductor device market due to the established electronic industry in the region. Asia-Pacific is estimated to generate huge opportunities during the forecast period due to the growing demand for electronic products. With the presence of significant consumer pool in Asia-Pacific, market players are eyeing the industrial expansion in the region. This will attribute to the substantial CAGR of the region.  In addition, Europe constitutes a significant market share due to the increasing semiconductor industry in the region.

Global gallium nitride semiconductor device market comprises of various companies such as gallium nitride Systems, Inc., Qorvo, Inc., Toshiba Corp., IQE Plc, Texas Instruments Inc., Transphorm, Inc., Mersen S.A., and others. Companies are expanding operational facilities in the potential regions in order to expand the consumer base.   Research Development & Engineering (RDE) is one of the key focus areas for companies to gain a competitive edge with advancement in technology. With RDE, the companies are trying to expand product portfolio to attract consumers.

Research Methodology

The market study of the global gallium nitride semiconductor device market is incorporated by extensive primary and secondary research conducted by a research team at OMR.  Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Authentic Public Databases such as the World Bank, India Brand Equity Foundation (IBEF) and others
• Whitepapers, research-papers and news blogs
• Company websites and their product catalog.

The report is intended for electrical & electronic companies, research organizations, companies working on advanced technology, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation

Global gallium nitride semiconductor devices market is segmented on the basis of regional outlook and following segments:

• Global Gallium Nitride Semiconductor Devices Market Research and Analysis by End-User
• Global Gallium Nitride Semiconductor Devices Market Research and Analysis by Device Type
• Global Gallium Nitride Semiconductor Devices Market Research and Analysis by Geography

The Report Covers

• Comprehensive research methodology of the global gallium nitride semiconductor device market
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global gallium nitride semiconductor device market.
• Insights about market determinants which are stimulating the global gallium nitride semiconductor device market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.