Growing on the back of the compactness of car modules, the automotive and transportation industry is serving as a crucial end-use industry for the expansion of the GaN substrate market, and the ongoing undercurrents of green vehicle agendas are likely to surface new revenue streams for market players. Besides this, as the consumer electronics industry continues to look at wafer-sized innovation to support the smart-sizing of devices, the high power-handling capacity of GaN substrates is giving these components an edge over silicon substrates.
At present, players in the gallium nitride substrate market consider product innovation as a winning strategy to survive in the highly competitive landscape, and the demand for portable devices and components is further projected to upkeep their interest in the qualitative approach. However, they need to focus on simplifying the design complexity of GaN substrates to achieve a better infiltration rate in end-use industries, which entails a magnified product-level focus and high investment in research & development activities. Given the multichannel growth opportunities upheld by numerous end-use industries, the GaN substrate market is estimated to expand at a healthy CAGR of ~10% during the period of 2019-2027.
Request a sample to get extensive insights into the GaN Substrate Market
Automation to Intensify Demand for Efficient Semiconductors
In end-use industries such as automotive, healthcare, and aerospace, where drudgery is being fast-replaced by automated processes, the demand for highly-effective semiconductors is mounting. On similar lines, the excellent insulation properties of GaN on sapphire to prevent buffer layers from cracking has been promoting its adoption in these industries.
To understand how our report can bring difference to your business strategy, Ask for a brochure
According to an estimate of the TMR study on the gallium nitride substrate market, GaN on sapphire will account for ~60% of the total sales of GaN substrates; however, the better thermal performance of GaN on silicon technology, coupled with a high drive current, is projected to underpin its adoption in LED applications.
Global GaN Substrate Market: Competition Landscape
- Detailed profiles of the providers of GaN substrates have been mentioned in the report to evaluate their financials, key product offerings, recent developments, and strategies.
- Key players operating in the global GaN substrate market include
- Mitsubishi Chemical Holdings
- Sumitomo Electric Industries
- SCIOCS
- Kyocera Corp
- PAM XIAMEN
- Toshiba Corporation
- Soitech
- GaN Systems Inc.
Read Our Latest Press Release:
