The GaN power market will surpass $1 billion in 2026

The GaN power market doubled in 2020, highlighting the impressive growth of smartphone fast chargers and leading the way for telecom and automotive markets.

“Following Oppo’s adoption of GaN in its 65W inbox fast chargers for its Reno Ace flagship model in late 2019, several phone OEMs and accessory charger providers released GaN-solution design wins for their fast chargers in 2020.” asserts Ahmed Ben Slimane, PhD, Technology & Market Analyst, Compound Semiconductors and Emerging Substrates at Yole Développement (Yole).

The GaN power market doubled in 2020 compared to 2019 and is poised to surpass the US$1 billion mark in 2026. As further confirmation of this impressive GaN market growth, Yole forecasts that the markets for telecom & datacom and automotive & mobility will contribute in the mid- to long-term to overall growth, benefiting from GaN’s ascension in fast chargers.

In this context, Yole investigates disruptive power GaN technologies and related markets in depth, to point out the latest innovations and underline the business opportunities.

Released today, the GaN Power 2021: Epitaxy, Devices, Applications and Technology Trends report provides a clear understanding of the GaN power industry, covering markets from epiwafers to discretes and GaN ICs. It also analyzes the market drivers and bottlenecks within the GaN power industry by studying GaN adoption for different end-applications and supply chains. This study also delivers an in-depth understanding of the ecosystem and main players’ strategies.

What is the status of the GaN power industry? What are the economical and technical challenges? What are the key drivers? Who are the suppliers to watch, and what innovative technologies are they working on? What are the recent investments, mergers and acquisitions?

Yole presents today its vision of the GaN power industry.

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