GaN Power Device Market Insights | Key players: Cree, Qorvo, MACOM, Microsemi Corporation, Analog Devices, Efficient Power Conversion and Integra Technologies
The GaN
power device market is expected to reach USD 1,890.2 million by 2023 from
USD 408.3 million in 2017, at a CAGR of 29.1% between 2017 and 2023. The market
has been segmented on the basis of device type, voltage range, application,
vertical, and geography.
Product launch and
development has been the key strategies adopted by the players to strengthen
their business and gain a competitive advantage in the GaN power device market.
This strategy accounted for a share of 74% of the overall growth strategies
adopted by the key players between January 2014 and October 2017. The ongoing
research and developments in the GaN power device space have encouraged
companies to adopt this strategy. In addition to product launches and developments,
the companies also focus on agreements, acquisitions, and collaborations to
expand their product portfolio, sales, and distribution network. This strategy
significantly increased their market shares and strengthened their position in
the overall GaN power device market. These strategies collectively accounted
for 26% of the overall growth strategies adopted by the key market players
between January 2014 and October 2017.
Download PDF
Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93870461
Efficient Power
Conversion Corporation (EPC) (US) manufactures enhancement-mode GaN power
transistors. EPC has a broad portfolio of GaN products that features ultra-high
frequency field-effect transistor (FETs), enhancement mode monolithic
half-bridges, and demo boards. All its GaN-based products find applications in
datacom/telecom DC–DC, envelope tracking, wireless power, space applications, light
detection and ranging (LiDAR), class D audio amplifiers, power inverter,
medical technology, wireless charging, multi-level AC–DC power supplies, synchronous
rectification, robotics, and solar micro inverters. The company has strong
research and development activities and has developed a proprietary
enhancement-mode GaN technology, which would replace power MOSFETs and LDMOS
solutions. EPC has already built and continues to develop a comprehensive IP
portfolio including patents granted in China, Japan, South Korea, Taiwan, and
the US. The company has signed a partnership with JJPlus Corporation (Taiwan)
to design GaN-based wireless power solutions for wireless charging systems. Moreover,
the company has collaborated with Freebird Semiconductor Corporation (US) and Integrated
Device Technology, Inc. (US) to develop GaN-based products using its eGaN
technology.
Qorvo (US) was
formed in 2015 through the merger of RF Micro Devices (RFMD) (US) and TriQuint
Semiconductor Inc. (US). The company is one of the leading suppliers of RF
solutions with a broad product portfolio serving applications such as defense,
base station, Wi-Fi customer premises equipment, optical, automotive
connectivity, and smart home Internet of Things (IoT). The company is the major
supplier of GaN-based products to the global defense and aerospace vertical and
provides its services to the US government through contracts with the Defense
Advanced Research Project Agency, the Air Force Research Laboratory, and the
Office of Naval Research. The United States Department of Defense (DoD) has
certified its GaN fabrication and production capabilities at Manufacturing
Readiness Level 9, which is the highest in the industry. Moreover, the company
is helping the industry with the ongoing 5G field trials with its current
product portfolio. In 2016, the company had a remarkable growth in Wi-Fi, base
station, and GaN product portfolio. Furthermore, in July 2015, the company
signed a distribution agreement with Richardson RFPD (US), RFMW Ltd. (US), and
Mouser Electronics (US) to market and sell its GaN-based products across the world.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=93870461
Comments
Post a Comment