RF Gallium Nitride Companies Garner Attention with Cutting-Edge Technologies

At a compound annual growth rate (CAGR) of 12.9%, the RF Gallium Nitride Market Size is expected to increase from its predicted USD 1.5 billion in 2023 to USD 2.8 billion by 2028.

Pune, 08/05/2024 (informazione.it - comunicati stampa - scienza e tecnologia)

The global RF Gallium Nitride (GaN) Market Size is expected to develop significantly and reach a valuation of USD 1.5 billion in 2023, according to a recent analysis published by MarketsandMarketsTM. According to projections, this amount will increase to USD 2.8 billion by 2028, signifying a noteworthy compound annual growth rate (CAGR) of 12.9% during the course of the predicted period.

This strong growth trajectory highlights the growing need for RF GaN technology in a number of industries, including automotive, aerospace and defence, and telecommunications. High-frequency, high-power electronic devices are becoming more and more common in applications where RF GaN is a preferred option due to its better performance features, including high power density, efficiency, and reliability.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183000597

The GaN ecosystem's improvements can be linked to multiple sources, including the spike in demand for RF Gallium Nitride (GaN) devices. Due to its intrinsic properties, GaN performs better than other materials in terms of power density, efficiency, and reliability, making it an excellent choice for RF applications. The military, defence, and aerospace industries' growing use of GaN RF semiconductor devices also contributes to the market's expansion. GaN technology is a great option for these industries since they need reliable and high-performing RF solutions to suit the demanding requirements of contemporary communication and radar systems.

By Wafer Size: 200 and more to account for a larger market share during the forecast year.

Gallium Nitride (GaN) wafers sized 200 and larger are expected to hold a substantial market share in 2028. Over the course of the projection period, this segment is expected to increase at the fastest rate. This range of wafer sizes gives manufacturers a competitive advantage by allowing them to increase productivity and make more devices in a single batch. Because of this, producing 6-inch wafers is now much less expensive overall, making them one of the most affordable options on the GaN wafer market. As a result, several businesses have recently refocused their efforts on creating semiconductor devices based on GaN wafers measuring six inches or more, realising the efficiency and financial advantages that come with larger wafer sizes.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=183000597

By Device Type: Integrated RF device segment to account for a larger market share in the forecasted year.

It is anticipated that integrated radio devices will take a sizable chunk of the market in 2028, securing their place as market leaders. Transistors, diodes, and resistors are just a few of the parts that integrated devices are using to combine and transform RF technology into a single chip. Compared to typical discrete devices, this integration not only leads to reduced form factors but also improves efficiency and reliability. In the fields of microwave and radiofrequency electronics, RF GaN integrated devices in particular have become revolutionary. These devices, which provide increased linearity, efficiency, and power density, are highly sought after in a variety of sectors. Due to their unmatched performance and adaptability, RF GaN integrated devices are generating innovation and changing the RF technological landscape in a variety of applications, including satellite communications, radar systems, wireless communications, and defence.

By End Use: telecom infrastructure segment to account largest market share during the forecasted year.

The telecom infrastructure category is expected to dominate the RF GaN market and hold the biggest market share during the forecast period. GaN technology's exceptional high-power and high-frequency performance advantages have led to its major adoption by a number of base stations. By linking antennas that broadcast and receive signals from consumer phones and mobile devices, these base stations play a crucial role in the cellular network. In the upcoming years, base station usage of GaN-based RF devices is anticipated to increase due to the growing demand for seamless connection. GaN is the material of choice for telecom infrastructure applications due to its superior high-power density, power added efficiency (PAE), gain, and ease of impedance matching. These factors have led to the material's widespread adoption and cemented its role in shaping the future of wireless communication networks.

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/rf-gallium-nitride-market-183000597.html

Furthermore, front-end components have to meet strict requirements set by the telecom infrastructure industry. These elements need to have the lowest feasible noise figure in the receive mode and the maximum efficiency and linearity during transmission. Moreover, low-cost, high-volume manufacturing capabilities are a prerequisite for the viability of commercial applications for manufacturers. This means that in order to fulfil the expectations of the telecom industry and ensure cost-effectiveness and scalability in manufacturing processes, advanced technological proficiency is not enough but also operational efficiency necessary. Therefore, meeting these high standards is essential for businesses in the telecom infrastructure sector, as it spurs ongoing innovation and progress in RF GaN technology in response to the changing demands of the market.

Asia Pacific is expected to hold the largest share of the RF gallium nitride market during the forecast period.

Asia Pacific to hold the largest share in the RF Gallium Nitride Industry in 2028. In the RF GaN market, Asia Pacific stands out, especially in the satellite communication and telecom infrastructure sectors. Japan, South Korea, China, and other nations are the main drivers of demand in this area. Asia Pacific's RF GaN market is expanding at a strong rate, far faster than other regions. This increase can be ascribed to the rapidly expanding 5G base station infrastructure in China, as well as a growing understanding of the advantages provided by RF GaN devices. This growth trajectory is further fueled by the growing interest in RF GaN market devices from China and South Korea. Asia Pacific is positioned to have a significant impact on how wireless networks and satellite communications are developed globally in the future, as the region continues to set the standard for RF adoption.

The RF Gallium Nitride Companies is dominated by a few globally established players such as Sumitomo Electric Device Innovations, Inc. (Japan), Qorvo, Inc. (US), WOLFSPEED, INC. (US), NXP Semiconductors (Netherlands), MACOM (US). The study includes an in-depth competitive analysis of these key players in the RF GaN market, with their company profiles, recent developments, and key market strategies.

News Covered:

https://www.prnewswire.com/news-releases/rf-gallium-nitride-market-worth-2-8-billion-by-2028---exclusive-report-by-marketsandmarkets-301875328.html    

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. 

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com