The immense potential of GaN on silicon technology necessitated a detailed analysis, and Transparency Market Research (TMR), in its recent report, offers a 360 degree view of this expanding landscape. The insights presented in this report will arm decision-makers with strategic insights and up-to-date information that can induce a better appreciation and understanding of this market.
Gallium nitride has huge potential over silicon, as it is capable of delivering 70% power efficiency along with higher scalability at high frequencies. Gallium nitride is likely to take over silicon technology due to its wider band gap that is capable of sustaining higher voltage.
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GaN on Silicon Technology Market: Beyond the Silicon Valley
For decades, silicon has remained integral to the technology industry. It has been a key component in the development of electronic devices, including transistors, semiconductors, integrated circuits, and printed circuit boards. However, over the years, lack of innovation has meant that demand has remained limited to a handful of industries. GaN has emerged as a feasible solution, offering end-users higher energy-efficiency and greater temperature resistance.
With such changes and developments, the adoption of GaN on silicon technology is expected to augment at a significant rate. According to our analysis, the global GaN on silicon technology market is likely to grow at 19% CAGR through 2027.
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Automotive industry will continue to be at the forefront of adoption, however, it will be the growing 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 various end-use industries. This is not to say that the importance of automotive industry in this market will be relegated—as the industry goes through a transformation of its own with innovation in electric vehicles and connected cars creating opportunities and challenges—the GaN on silicon technology vendors will do themselves a lot of good by keeping up the pace of innovation. With global revenues set to reach nearly US$ 20 Mn by the end of 2019, the stakeholders in the GaN on silicon technology market will be looking to diversify into new sectors to leverage the emerging opportunities.
GaN on Silicon Technology Landscape: The Impact of Internet-Of-Things (IoT)
The market continues to witness innovation and evolution at every level. Vendors are focusing on improving their existing product portfolios in order to meet the needs of an evolving consumer base. Manufacturers are now focusing on the 200 mm wafer size to expand applications in power conversion applications. Sensing the evolving opportunities, especially in power cobersion applications, companies have started to focus on gaining first-mover advantage: Leti and STMicroelectronics are engaged in advancing power GaN-on-Si diode and transistor architecture. Depending upon the results obtained through the IRT Nanoelec program, working will be transferred to Leti’s 200 mm research and development line, and it is expected to be operational by 2024.
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Plessey, another prominent player in the market, has optimized the production of LEDs based on GaN on silicon technology. The company is focusing on offering better thermal performance that helps in providing a high voltage option through the multi on-chip junction. Plessey is also working on leveraging its unique light emission in LEDs. Additionally, they are focusing on a light emitting surface that requires a simple and low-cost optical system.
Apart from these company-level innovations, ongoing trends are also influencing the growth of the global GaN on silicon technology market. Significant rise in the demand for tablets, smart watches, smartphones, and other electronic devices has augmented adoption of this technology.
Penetration Growing in Developing Countries
Developing regions are likely to offer high growth opportunity for stakeholders in the GaN-on-silicon technology market. In many cost-sensitive developing countries, operational efficiency continues to be a key influencer—as GaN-based power devices offer enhanced performance, adoption has seen a surge in the recent years. Growth has been especially noticeable in Asia Pacific, where a broader push for increasing manufacturing output necessitated adoption of efficient technologies and products. However, it is pertinent to note that in terms of total revenue generation, it is the developed economies in North America and Europe that hold sway over the market.
Europe, on the other hand, is likely to experience relatively slower growth in the GaN on silicon technology market. Companies such as STMicroelectronics and IBM are investing extensively in the semiconductor industry in Europe. This has resulted in the increased use of silicon wafers, which will trigger competition in industries using GaN on silicon technology.
It is interesting to know that, the GaN silicon technology market shows varied levels of consolidation and fragmentation. The top five leading players in the market hold nearly 50% share. These players hold significant sway in the GaN on silicon technology market, and are usually at the forefront of driving innovation and implementation.
Players in this market are focusing on consolidating their position in regions where skilled labor is available at affordable costs. The intention of producing good quality products at low costs is inducing outsourcing of manufacturing capabilities to developing countries. According to the report’s analysis, prominent players are focusing on innovation and improvement to establish themselves for a long-term in the market.
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