The global gallium nitride market is projected to be worth USD 320.4 Million by 2027, according to a current analysis by Emergen Research. Following the footsteps of aftermarket companies such as Anker, Belkin, AUKEY, and RAVpower, OEMs such as Samsung, Lenovo, and Oppo have started using gallium nitride for fast chargers’ mass production. Gallium nitride offers a thousand times more speed over silicon, giving the advantage of three times faster charging in weight and size, which is around half of the silicon-based chargers.
The study addresses the elements driving the worldwide Gallium Nitride Market. Traders and investors can use this data to strategize to increase market share, and newcomers can use it to locate opportunities and grow in the business. There are also some restrictions on the expansion of this market. The Gallium Nitride Market study also provides company biographies, SWOT analysis, and business strategies for major industry players. In addition, the research focuses on key industry players, providing details such as business descriptions, skills, current financials, and company advancements.
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Top competitors of the Gallium Nitride Market profiled in the report include:
DOWA Electronics Materials Co. Ltd., Cree Inc., American Elements, Furukawa Co. Ltd., Mitsubishi Chemical Corporation, Kyma Technologies Inc., Soitec, IQE PLC, Infineon Technologies, and Nitride Semiconductors Co. Ltd., among others.
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The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Gallium Nitride market analysis provides everything a business owner needs in order to succeed.
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Emergen Research has segmented the global gallium nitride market on the basis of substrate type, distribution channel, application, and region:
Substrate Type Outlook (Revenue, USD Billion; 2017-2027)
- GaN-on-SiC
- GaN-on-Si
- GaN-on-Sapphire
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline
Application Outlook (Revenue, USD Billion; 2017-2027)
- Radio Frequency Devices
- Wireless Infrastructure
- Satellite Communication
- Military Defense
- Others
- Power Electronics
- Power Supply
- Electric Vehicle
- LiDAR
- Servers Data Centers
- Wireless Power
- Solar Photovoltaic Technology
- Envelope Tracking
- Others
- Optoelectronics
- LED
- LASER
- Others
Regional Analysis of the Gallium Nitride Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Objectives of the Report:
- Analysis and estimation of the Gallium Nitride market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Gallium Nitride market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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