Global GaN Semiconductor Devices Market to Grow at a CAGR of 20.77% During 2014 - 2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global GaN Semiconductor Devices Market 2015-2019” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 10/30/2015 --Report forecast the global GaN semiconductor devices market to grow at a CAGR of 20.77% in terms of revenue over the period 2014-2019.

GaN is a wide band gap semiconductor material. Its properties such as saturation velocity and high breakdown voltage make it an apt choice for high power applications in high-voltage switching devices such as radio frequency (RF) power amplifiers. The usage of GaN in semiconductor devices is cost-effective compared to silicon and gallium arsenide. GaN semiconductor devices are smaller, lighter, tougher, and more efficient than silicon semiconductor devices and are hence used to replace silicon in semiconductor devices. These devices find applications across several sectors such as defense and aerospace, consumer electronics, ICT, and automotive.

This report covers the current scenario and growth prospects of the global GaN semiconductor devices market for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of GaN semiconductor devices worldwide. However, the report does not take into consideration the following while calculating the market size:

- Support services that are offered for GaN semiconductor devices
- Components used in the production of GaN semiconductor devices
- Aftermarket sales or service of GaN semiconductor devices

The report provides the details about the market based on the following:

- Geography
- Product

Global GaN Semiconductor Devices Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, APAC, EMEA; it also covers the landscape of the global GaN semiconductor devices market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, with modernization of defense equipment, the demand for high-powered semiconductor devices is driving the demand for GaN semiconductors.

Key regions
- Americas
- APAC
- EMEA

Key players in the Global GaN Semiconductor Devices Market: Avago, Cree, GaN Systems, Infineon, OSRAM, and Qorvo.

Other Prominent Vendors in the market are: Bridgelux, Efficient Power Conversion, Gallia Semiconductor, Nichia, NXP Semiconductors, Panasonic Semiconductors, and Toyoda Gosei.

Key market driver
- Adoption of GaN substrates in RF semiconductor devices
- For a full, detailed list, view our report

Key market challenge
- High initial investment
- For a full, detailed list, view our report

Key market trend
- Emergence of high-power electronic devices
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-gan-semiconductor-devices-market-2015-2019

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