GaN on Silicon Technology Market Expected to Grow at a CAGR of 19%

Posted by Deeksha on July 5th, 2019

GaN on silicon technology is witnessing a surge owing to its widespread adoption in various sectors such as automotive, information communication technology, defense & aerospace, and power distribution systems. Additionally, mobile devices, inverters for home appliances, and power converter circuits are some of the other areas where GaN on silicon technology are used, thereby driving the market growth. These facts combined with other important information are gathered from the market research report, included in Market Research Hub’s (MRH) all-inclusive repository, titled, “GaN on Silicon Technology Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027.” The market for GaN on Silicon Technology is predicted to record a CAGR of ~19% during the forecast period 2019-2027. Increase in the usage of consumer electronics due to growing trend of digitalization and demand for LEDs in products such as gaming devices, televisions, smartphones, and laptops are predicted to offer growth prospects for GaN on silicon technology market. On the basis of region, Asia Pacific remains to be a highly lucrative region owing to high investments in gallium nitride products. Due to less power consumption, high breakdown voltage, better thermal stability, high temperature resistivity, and high electron mobility, GaN based devices are termed as green technology devices. This, in turn, will further help to boost the GaN on silicon technology’s market growth. 

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GaN on Silicon Technology Market: Report’s Overview

Market research report offers detailed research of GaN on silicon technology market for years between 2019 and 2027. All-essential technologies & trends that majorly affect GaN on silicon technology market’s growth are studied in the research. Segmental examination on GaN on silicon technology market is provided to give clients complete details of the past as well as upcoming avenues for GaN on silicon technology market.

 A detailed perspective on GaN on silicon technology market’s growth, connected to volume & revenue is covered all over different regions, which is inclusive of South America, Middle East & Africa, Europe, Asia-Pacific, and North America. Significant aspects affecting GaN on silicon technology market at global as well as regional level is also offered in the market research study. Nation-wide estimations are also covered for all the nations examined in the study. 

Research report analyses competitive landscape of GaN on silicon technology market, where key manufacturers backing the market’s growth is identified and mentioned. Detailing on key manufacturers comprises of a SWOT analysis, combined with key financials’ investigation, recent advancements, and company portfolio. 

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GaN on Silicon Technology Market: Process of Research Methodology

The market research study is accumulated through a detailed and robust research process, which includes detailed primary and secondary researches. Secondary research sources comprises of external & internal regulatory databases, proprietary databases, national government documents, investor presentations, and financial reports.

Primary research includes detailed communications via email, telephonic & face-to-face interviews with prominent industry players, & opinion leaders. Furthermore, information & insights gathered via researches are confirmed by in-house expert group, to offer clients with authentic data on GaN on silicon technology market.