Global GaN Power Device Market: Key Highlights
Global GaN Power Device Market: Key Market Dynamics
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Global GaN Power Device Market: Regional Overview
The region is witness to create a major role of the adoption of the GaN power device market in the projected period. Whereas, the rising in the growth of the battery technology as well as the rising application of GaN power devices in electric vehicles and smartphones market, create a major opportunities of the market growth in the region. Moreover, these growing use for gallium nitride semiconductor devices in electronics as well as in the aerospace sector also grow the market demand in the forecast period.
The region is anticipate of play a major role for the growth and developments of the GaN power device market in the forecast period. Whereas, the countries such as South Korea, China & Japan are the lucrative investment destinations in the region. Moreover, the region is witness to be majorly driven by the surge in the electrical vehicles productions. Also it has been projected that the GaN based devices will soon replace the silicon power semiconductor devices which is being used in the EV. Hence, these will perform as a key driver for the growth of the GaN power device market in the projected period.
Hence, the region GaN Power Device Market will witness substantial growth with help of by the major key player presence in the region.
Global GaN Power Device Market: Key Players Overview
The company is an American manufacturer and marketer of lighting-class LEDs, lighting products, as well as products for power and radio frequency applications. Also, the company is a one of the market major innovator of semiconductor products for power and radio-frequency applications and lighting-class LEDs. In 2018, the company announced that it had signed a non-exclusive license with Nexperia BV, a Dutch company. These will lead to provides Nexperia the access to Cree’s extensive gallium nitride (GaN) power device patent portfolio, that includes more than 250 issued U.S. and foreign patents.
The company is a German semiconductor manufacturer, which provides a large range of semiconductor solutions, microcontrollers, LED drivers, sensors as well as Automotive & Power Management ICs. In 2019, the company had expands its CoolGaN portfolio with the two industrial grade devices which includes the CoolGaN 400 V and the CoolGaN 600 V. Whereas, infineon’s CoolGaN 600 V portfolio is also extended with a new 190 mâ¦, industrial-grade HEMT. Hence, these product was being developed to fit the consumer as well as the industrial application on an optimized cost with the aim to lower the technology entry barrier.
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