Global GaN on Silicon Technology Market is segmented into Wafer Size (50 mm, 100 mm, 150 mm, 200 mm), End-use Industry (Consumer Electronics, IT & Telecommunication, Automotive, Aerospace & Defense, Others), and Geography (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa).
The GaN on silicon technology is currently undergoing a developmental stage. Still, there are some uncertainties about its use for the mass production of any power device. At present, this technology is mostly used in the manufacture of LEDs. In later stages, it can be broadly used for a majority of power devices. The better performance characteristics of gallium nitride, which have enabled the incorporation of GaN in a wide range of LEDs and high-frequency RF devices, are likely to drive the global GaN on silicon technology market during the forecast period.
Additionally, the automotive industry will continue to be at the forefront of adoption, however, it will be the rising penetration in aerospace & defense, and military that will create new avenues of growth. This growth is attributed to the increasing application of GaN on silicon technology in several end-use industries.
According to end-use industries, the consumer electronics segment is projected to account for a leading share of the global gallium nitride (GaN) on silicon technology market in 2019. This segment is predicted to maintain its leading position in the GaN on silicon technology market throughout the forecast period.
Attracted by the expected growth of the global GaN on the silicon technology market and underlying latent demand, numerous players are expanding their businesses through strategic mergers and acquisitions, as well as partnerships.
Maximize Market Research has comprehensively analyzed GaN on silicon technology market. The driving forces as well as considerable restraints have been explained in depth to attain a balanced scenario. Segment wise market size and market share during the forecast years is duly addressed to portray the probable picture of this exuberant industry. The competitive landscape comprising of key innovators, service providers, market giants as well as niche players is studied and analyzed extensively with respect to their strengths, weaknesses as well as value addition prospects. Report presents significant case studies along with the success stories to motivate and guide the like minds. In addition, Report displays current consolidation trends with respect to prominent mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships, emerging business models. This will enable the reader to comprehend whole GaN on silicon technology market with utmost ease and clarity.
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