GaN on Silicon Technology Market: Global Industry Analysis and Forecast (2023-2029) Trends, Statistics, Dynamics, Segmentation by Wafer Size, Application, and Region.

GaN on Silicon Technology Market was valued at US$ 26.06 Mn. in 2022. Global GaN on Silicon Technology Market size is estimated to grow at a CAGR of 11.4% over the forecast period.
GaN on Silicon Technology Market Overview:
Gallium nitride (GaN) is regarded as the next-generation power semiconductor. GaN-based power systems greatly outperform Si-based power chips in terms of breakdown strength, switching speed, temperature conductivity, and resistance. Gallium nitride (GaN-on-Si) on silicon technology has reached a high level of maturity, which allows researchers to investigate silicone-intensive GaN (GaN-IC) and next-generation performance technology. Thanks to their capacity to operate with improved efficiency and linearity at high frequency, density, and temperature, such devices are extensively used in radio-frequency amplifiers, high voltage applications, and LEDs.

Gallium nitride has a high potential over silicon as it offers more than 70% power efficiency and has better scalability at high frequencies. Owing to its higher breakdown strength, thermal conductivity, and faster-switching speed, GaN-on-silicon technology is expected to replace silicon. The consumer electronics industry's positive outlook is expected to boost the market growth over the forecast period.To know about the Research Methodology :- Request Free Sample Report
GaN on Silicon Technology Market Dynamics:
Growing consumer electronics usage as a result of the digitalization trend is expected to drive up demand for GaN on silicon during the forecast period. The growing consumer electronics sector along with the rising need for affordable mobile devices are driving the GaN on the silicon technology market, as semiconductors are an essential component of electronic and computing products.

The power electronic applications like AC-to-DC or DC-to-AC conversion are always accompanied by significant energy losses, which increase as the power and operating frequencies increase. As a result, GaN on silicon technology is gaining traction as a replacement for old silicon-based technology in power electronic applications. However, it is still in its infancy and only accounts for a small percentage of the power electronics sector. As a result, there is a need for GaN on silicon technology to be adopted for usage in power GaN devices. The commercialization of GaN-based devices, on the other hand, faces significant obstacles because of high procurement costs and processing complexity.

Consumer expectations for longer battery life, faster charging for smartphones, the development of electric vehicles (EVs), and power tools are driving today's demand for high-performance and low-cost power conversion technologies. Consumers expect quicker data connectivity and powerful artificial intelligence (AI) capabilities offered at a reduced cost via a massive network of hyper-scale data centers, telecom server farms, and forthcoming 5G communication towers interwoven into daily lives. Advanced power electronics, such as GaN on silicon technology, which process electric utility energy through various stages to ultimately power the devices efficiently and cost-effectively, are at the heart of delivering high performance and minimizing up-front and operating costs for these applications.

The automotive industry is expected to continue to be at the front of adoption, but expanding penetration in aerospace and defense, along with the military sector, is expected to open up new growth opportunities. The growing implementation of GaN on silicon technology in numerous end-use sectors is also driving the market growth. The automotive industry undergoes its transformation, with innovations in electric vehicles and connected cars presenting significant opportunities for GaN on silicon technology vendors throughout the forecast period.

Growing adoption of GaN on Silicon Technology in 5G technology:

The race to deploy 5G technology around the world is gaining traction. The companies working on 5G technologies are preferring GaN on silicon technology to silicon. Due to the obvious numerous benefits that GaNs bring, it has been widely adopted as a replacement for silicon. The ability of GaN technology to efficiently manage high voltage will be a critical demand generator. An RF-capable chipset is required for each antenna. This aspect significantly increases the demand for GaN on silicon technology. As a result, all of these variables function as growth multipliers for the GaN on the silicon technology market.

The transition from silicon LDMOS amplifiers to GaN on silicon technology will completely change the game. Many firms are working together to develop 5G wireless communication. Raytheon Technologies and Global Foundries have collaborated to develop a unique GaN on silicon technology-based semiconductors that will be ideal for 5G infrastructure applications.
GaN on Silicon Technology Market Segment Analysis:
Based on the Wafer Size, the GaN on Silicon Technology Market is segmented into 50 mm, 100 mm, 150 mm, and 200 mm. The 200mm segment held the largest market share, accounting for 41% in 2022. 200mm wafer size GaN on silicon technology has a wide range of beneficial characteristics, such as large threshold voltage (VTH>2V), low specific on-resistance, dispersion free (<20% Dynamic RDS-ON), and high voltage ranges (200V and 650V), which are fueling the product demand for this segment. The surface morphology and reproducibility of GaN-on-Si epitaxy at 200 mm wafer are excellent. In addition, it is dispersion-free and has a low vertical leakage current at both room temperature and 150 degrees Celsius.

Based on the Application, the GaN on Silicon Technology Market is segmented into Consumer Electronics, IT & Telecommunication, Automotive, Aerospace & Defense, and Others. The Consumer Electronics segment held the largest market share, accounting for 37.6% in 2022. Growing disposable income and increasing purchasing power parity (PPP) has resulted in significant growth in consumer electronics demand. The growing adoption of GaN on silicon technology as a silicon alternative is driving the industry's growth forward. For instance, the world's first charger featuring Qualcomm Quick Charge 5 technology was recently introduced by Navitas Semiconductor. The charger uses GaN-on-silicon semiconductor technology, which enables the ICs to give 3x quicker charging while being half the size and weight. Furthermore, when compared to silicon chips, this technique can save up to 40% on energy.

Consumer electronics is seeing a lot of improvements, which will necessitate the use of GaN on silicon technology. As a result of all of these factors, the GaN on the silicon technology market is expected to increase significantly for this segment.
GaN on Silicon Technology Market Regional Insights:
Asia Pacific region held the largest market share accounted for 38.1% in 2022. Operational efficiency remains a crucial influencer in cost-sensitive developing countries like China and India, and GaN-based power devices have witnessed a spike in the uses of this technology in recent years due to their improved performance. In the region, a broader push for growing manufacturing output required the adoption of efficient technologies and products, which are expected to boost the GaN on Silicon technology during the forecast period.

North America region is expected to witness significant growth at a CAGR of 10.8% during the forecast period. Manufacturers have benefited from the increased adoption rate of microchips for various robotic applications in North America. The growth of the GaN on silicon technology market in North America has been aided by investments in the development of advanced technologies. In addition, smart home devices and wearable consumer electronic devices requiring compact integrated circuits are in high demand in the United States and Canada, which are expected to boost the product demand during the period.

However, the GaN on the silicon technology market in Europe is expected to grow at a CAGR of 9.1% over the forecast period. For example, STMicroelectronics and IBM, have made significant investments in the European semiconductor business, which are driving the GaN on Silicon technology market in the region.

The objective of the report is to present a comprehensive analysis of the global GaN on Silicon Technology Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the GaN on Silicon Technology Market dynamic, structure by analyzing the market segments and projecting the GaN on Silicon Technology Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the GaN on Silicon Technology Market make the report investor’s guide.
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GaN on Silicon Technology Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $26.06 Mn.


Forecast Period 2023 to 2029 CAGR:
11.4%
Market Size in 2029:
US $ 55.48 Mn.


 Segments Covered:
by Wafer Size
50 mm
100 mm
150 mm
200 mm


by Application
Consumer Electronics
IT & Telecommunication
Automotive
Aerospace & Defense
Others



GaN on Silicon Technology Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
GaN on Silicon Technology Market Key Players
1.NXP Semiconductor
2.GaN Systems
3.Panasonic Corporation
4.Fujitsu Semiconductor
5.Transphorm Inc.
6.Texas Instruments
7.Qorvo, Inc.
8.OSRAM Opto Semiconductors GmbH
9.Infineon Technologies AG
10.Cree, Inc.
11.Plessey Semiconductors Limited
12.STMicroelectronics
13.Wolfspeed
14.NexGen Power Systems
15.Texas Instruments Incorporated
16.Toshiba Corporation

Frequently Asked Questions:

1] What segments are covered in the GaN on Silicon Technology report?
Ans. The segments covered in the GaN on Silicon Technology report are based on Wafer Size, Application.

2] Which region is expected to hold the highest share in the GaN on Silicon Technology 
Ans. The Asia Pacific region is expected to hold the highest share in the GaN on Silicon Technology

3] What is the market size of the GaN on Silicon Technology  by 2029?
Ans. The market size of the Market by 2029 is expected to reach US$ 55.48 Mn.

4] What is the forecast period for the GaN on Silicon Technology 
Ans. The forecast period for the GaN on Silicon Technology  is 2023-2029.

5] What was the market size of the GaN on Silicon Technology  in 2022?
Ans. The market size of the GaN on Silicon Technology  in 2022 was valued at US$ 26.06 Mn.