PUBLISHER: Lucintel | PRODUCT CODE: 1195515
PUBLISHER: Lucintel | PRODUCT CODE: 1195515
The future of the GaN substrate market looks attractive with opportunities in the consumer electronics and automotive industries. The global GaN Substrate market is expected to grow with a CAGR of 10.9% from 2021 to 2027. The major drivers for the growth of this market are the growing demand of GaN substrate in LED application, increasing need of higher power density for electronic devices, and increasing usage in power electronics application.
Emerging Trends in the GaN Substrate Market
Emerging trends, which have a direct impact on the dynamics of the industry, include the development of GaN Substrate to reduce the cost of testing and introduction of die stacking for advanced 2.5D and 3D stacked packages.
A total of 56 figures / charts and 59 tables are provided in this 117-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the GaN substrate market report.
GaN Substrate Market by Segment
By Diameter Type [$M shipment analysis from 2016 to 2027]:
By Application [$M shipment analysis from 2016 to 2027]:
By End Use Industry [$M shipment analysis from 2016 to 2027]:
By Region [$M shipment analysis for 2016 - 2027]:
United States
Canada
Mexico
United Kingdom
Germany
Japan
China
List of GaN Substrate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their new product developments, partnerships, mergers & acquisition, and leverage integration opportunities across the value chain. With these strategies GaN substrate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the GaN substrate companies profiled in this report include.
GaN Substrate Market Insight
Features of GaN Substrate Market
FAQ
Q1. What is the growth forecast for GaN substrate market?
Answer:The GaN substrate market is expected to grow at a CAGR of 10.9% from 2021 to 2027.
Q2. What are the major drivers influencing the growth of the GaN substrate market?
Answer: The major drivers for the growth of this market are the growing demand of GaN substrate in LED application, increasing need of higher power density for electronic devices, and increasing usage in power electronics application
Q3. What are the major application or end use industries for GaN substrate market?
Answer: LED type is the major application for GaN Substrate market.
Q4. What are the emerging trends in GaN substrate market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, include the development of GaN Substrate to reduce the cost of testing and introduction of die stacking for advanced 2.5D and 3D stacked packages
Q5. Who are the key GaN substrate companies?
Answer:Some of the key GaN substrate companies are as follows:
Q6.Which will be the largest segment in the future in the GaN substrate market?
Answer: <4 inch GaN type is the largest diameter type in the future in the GaN substrate market
Q7: In GaN Substrate market, which region is expected to be the largest in next 5 years?
Answer:APAC is expected to remain the largest region and witness the highest growth over next 5 years
Q8. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.