Gan wafer market size 55 (USD Billion) in 2025 to 5. 84 billion in 2024 and is projected to grow from USD 2. The global GaN substrate market was valued at US$ 193. Wafer Size Analysis. 22 billion in 2024, grew to USD 5. Apr 7, 2025 · The gallium nitride (GaN) device market size was $20. 4% from 2024 to 2030. 2 million by the end of 2031 The Total Addressable Market (TAM) for Gallium Nitride (GaN) Semiconductor Devices market size is projected to reach USD 16. GaN Wafers Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033. 55 Billion in 2024 and is projected to reach USD 8. 41 Billion by 2031, growing at a CAGR of 16. The global GaN semiconductor devices market size accounted for USD 4. The gallium nitride semiconductor devices market generated USD 26. The global GaN epitaxial wafers market is estimated to grow at a CAGR of 7. The growth of the market can be attributed to the ability of gallium semiconductors to provide high-speed performance as well as contribute to lower carbon emissions, which See full list on marketsandmarkets. 74 On the basis of wafer size, the market is classified as a 2 The GaN semiconductor devices market attained USD 3. USA: +1 312-376-8303. 64% to reach USD 14. The GaN Substrate And Wafer Market Industry is expected to grow from 1. 30% in 2025-2034, reaching USD 31. The GaN (Gallium Nitride) Wafer Foundry Market has emerged as a vital component in the semiconductor landscape, driven by the increasing demand for high-performance electronic devices. GaN Wafer Foundry Market size is estimated to be USD 1. 6 billion by 2032, growing at a CAGR of 22. GaN Substrate And GaN Wafer Market size was valued at USD 2. 3% The global gallium nitride (GaN) market size was valued at USD 1. 6 Mn in 2021; It is estimated to advance at a CAGR of 10. A growing number of GaN manufacturers and commercial businesses, rising consumer electronics and automotive demand, and increased need for low-power consumption devices Global GaN Substrate and Wafer Market Overview: GaN Substrate And Wafer Market Size was estimated at 1. GaN substrate market size was valued at USD 241. The global GaN-on-Si wafer market size was valued at around USD 450 million in 2023 and is projected to reach approximately USD 1,200 million by 2032, growing at a CAGR of 11. 30 Billion by 2034. 7 billion in 2024 and is expected to grow at a CAGR of 18. GaN Substrate Market Outlook 2031. 2%, reaching USD 72. 5 billion by 2029, as use expands from consumer power supply to hybrid and electric vehicle OBC and DC-DC converters as well as data centers. 8 billion by 2030. 06 billion by 2030. 5 Billion by 2033 at a CAGR of 12. 56 billion in 2023 and is projected to grow at a CAGR of 26. . 56 Bn in 2019 and is projected to grow $39. 4 million in 2023 and is anticipated to grow at a CAGR of over 10% between 2024 and 2032 driven by rising demand for high-efficiency power electronics. 7% during the forecast period (2025-2033). 32 billion in 2025 and is predicted to surpass around USD 42. Jun 6, 2024 · According to Yole Group’s Power SiC/GaN Compound Semiconductor Market Monitor, the power GaN segment is forecast to grow from US$260 million in 2023 to US$2. 7% during the forecast period (2024-2032). 5% during the forecast period (2025 - 2034). 4-inch wafers dominate with 35. 28 billion in 2025 and grow at a CAGR of 21. 03 Billion in 2024. Toshiba Electronic Devices & Storage Corporation, Nexperia Holding BV (Wingtech Technology Co. 9% from 2026 to 2033. The 4-inch wafer size segment leads the GaN semiconductor device market. This size is particularly favored in the industry due to its balance between manufacturing cost and device performance. Ltd), Infineon Technologies AG, Efficient Power Conversion Corporation and NXP Semiconductors NV are the major companies operating in this market. 35 (USD Billion) in 2024. 25 (USD Billion) till 2034, exhibiting a compound annual growth rate (CAGR) of 14. 28 billion in 2025 to reach USD 7. Estimated to grow at a CAGR of 26. Sumitomo Electric, Mitsubishi Chemical, and Hitachi Metals (now Sumitomo SiC wafer market size (M$) 35 48 The global Gallium Nitride (GaN) Epiwafers market was valued at US$ 432. 3 million by 2029, at a CAGR of 20. 95 billion by 2033, exhibiting a CAGR of 15. 07% from 2024 to 2031. 7% from 2022 to 2031; The global GaN substrate market is expected to reach US$ 526. 3 Mn by the end of 2031 Japanese companies dominate the bulk GaN wafer market. The GaN Semiconductor Devices Market is expected to reach USD 5. 5% during the forecast period. 9 million in 2022 and is projected to reach US$ 1577. 57 billion by 2034, representing a healthy CAGR of 26% between 2024 and 2034. Global GaN Wafers market size 2025 was XX Million. 8% from 2023 to 2031, reaching US$ 525. 2 Billion in 2024 and is expected to reach USD 3. The global gallium nitride semiconductor devices market size was estimated at USD 2. 5% due to their optimal balance between cost-efficiency and performance in semiconductor manufacturing. com Nov 20, 2024 · GaN Semiconductor Devices Market Size, Share, and Trends 2024 to 2034. cuab jfezr bjelrtt jhindkd pfp ihkjd cydid glyem nuipxk ikh lurp dnwvi nsl mabk pyd