GaN RF Devices Market

GaN RF Devices Market Outlook (2022 to 2032)

GaN RF devices market value is forecast to surpass US$ 5,159 million by 2032. A growth rate of 21.3% is projected for the demand of these high power amplifiers during the forecast period of 2022-32.

The global GaN RF devices market is estimated at US$ 750 million in 2022. GaN (Gallium Nitride) exists as mainstream RF technology with significant applications in high power radio frequency amplifiers, thermal management devices and, 4G and 5G operating devices.

In accordance with the present market scenario of RF devices, GaN radio frequency devices account for ~4% of the global RF device market states Fact.MR - market research and competitive intelligence provider. GaN RF devices comprise crucial applications in remote controls, mobile and computer network access control, and television broadcasting devices. In addition, Wi-Fi, Bluetooth and other wireless communication equipment drive the overall demand for GaN RF equipment.

Out of the leading applications of GaN RF devices (Wireless Infrastructure, Radars and Avionics, Power Storage, PV Inverter, CATV, Satellite Communication, Hybrid and EV Components, HEV Charging Equipment and Traction Motor Components), satellite communication is estimated to generate about 37% of the associated revenue by end of 2022.

GaN RF devices used in electric vehicle components and hybrid electric vehicle charging equipment is set to provide an absolute $ opportunity of around US$ 880 million by 2032. Aforementioned analysis can be comprehended by studying the upcoming trend of a complete shift from petroleum vehicles to EVs.

Pricing scenario of GaN RF Devices completely depends on the production of gallium nitride across the globe. Market-oriented comparison of GaN RF device end-users (Telecommunications, Automotive, Aerospace and Defense, Medical Devices, and Industrial) provides clear insights that demand of GaN RF device in telecommunication will acknowledge a gain of 1270 BPS by completion of 2032.

Report Scope

Attribute	Details
Market size value in 2021	US$ 732 million
Market forecast value in 2032	US$ 5,159 million
Global Growth Rate (2022-2032)	CAGR 21.3%
East Asia Market Size in 2022	US$ 322.5 million
East Asia Growth Rate (2022-2032)	CAGR 23.7%
China Market Size in 2022	US$ 175.1 million
Top 5 Companies Market Share	~17.6%
Key Companies Profiled	Raytheon Sumitomo Electric Bosch STMicroelectronics Hitachi Toshiba Mitsubishi Electric Panasonic Renesas Infineon

GaN RF Devices industry research performed by Fact.MR delves on key insights such as current and speculative market approach, technical facilities offered by each GaN RF device manufacturer, current and speculative pricing, and price optimization strategy across value chain, and techno-economic analysis by considering overall scenario of radio frequency devices market, global GaN industry, and many more.

Historical Analysis Vs. Future Projections for GaN RF Devices Market

According to Fact.MR, growth rate for GaN RF devices in the past decade was noted as 20.8%. Sales of GaN RF devices was improved through optimization of the distribution network in the historical period. This benefitted RF manufacturers by 2.2X multiplication factor accompanied on their revenue generation pace during 2017-2021.

In recent times, introduction of 4G LTE and 4G VOLTE uplifted the market scenario of GaN RF power devices. Moreover, numerous technical advancements incurred in this domain empowered the top 5 GaN RF device manufacturers to capture around 16% of the overall GaN RF device market.

Attributed to future projections for GaN RF components, they are projected to grow at a stupendous rate of 21.3% during the next decade. Exceptional growth is anticipated for aforementioned devices due to product expansions and technical improvements associated with telecommunication industry. The expected shift from 4G to 5G network will boost the demand of GaN RF devices in telecommunication industry to grow at a CAGR of 24.8% during the forecast period.

Country-wise Analysis

Opportunities for GaN RF Device Manufacturers in China?

China holds maximum opportunities for GaN RF devices manufacturers to multiply their present business framework. China’s five-year plan (2020-2026) initiated through the “Made in China” strategy is expected to implement a commercial 5G network throughout its nation. The aforementioned industry is the hot topic of present technical research and is estimated to account for an absolute $ opportunity of US$ 1210 million by 2032.

The demand of wearable connecting devices, wireless equipment, high-performance gaming phones, and other RF operated devices is estimated to multiply by 2.7X in the next 5-10 years. Direct application of GaN RF components in these electronic items will provide sky-scraping revenue-generating opportunities.

An increase in the production of power storage devices, PV inverters and wireless infrastructure is anticipated during the window of the next 2-5 years in China. All the aforementioned products directly consume GaN RF components which will boost its consumption rate for the upcoming half-decade. This complete market scenario explains how China holds maximum opportunities for GaN RF devices market in East Asia.

Category-wise Analysis

How Demand of GaN RF Devices in Telecommunication Industry Set to Increase Market?

Out of the major revenue-generating end-users for GaN RF devices, the highest demand is estimated to be raised through the telecommunication industry. From portable electronic devices to global wireless infrastructure, both are comprised within telecommunication hub. Therefore, high consumption of GaN RF devices within the telecommunication industry is estimated to account 26.2% share in overall demand.

In addition, the demand for next-generation LTE networks with high bandwidth became a headline. This uplifted the number of network service providers present in the market. Hence, expansion of the overall telecommunication market due to newly added servers and clouds will raise the demand for high-frequency data bandwidth providing GaN RF devices.

Quantifiable insights for above mentioned GaN RF end-use clarifies why it is projected to grow with an exciting rate of 24.8%. In addition, GaN RF components in telecommunication is forecast to surpass US$ 1805 million by the end of 2032 with a gain of 1270 BPS within the next 10 years. This will act as an indication for GaN radio frequency device manufacturers who are searching for the most prominent revenue-generating end-use industry.

Why GaN RF Devices in Wireless Infrastructure Encountering Maximum Demand?

Considering the group of prominent applications consuming GaN RF components, wireless electronic products and other components are set to grow at a phenomenal rate of 22.6% during the forecast period. A remarkable growth in the number of wireless products that use radio frequency technology was noted during the COVID-19 period.

Germane to the present trend, continuous implementations of wireless Bluetooth systems, intrusion detectors, GPS trackers, remote monitoring systems, sensors and other IoT components are noted as an additional facility in maximum electronic products. As a result, application of GaN radio frequency equipment in wireless infrastructure is estimated to gain 695 BPS with forecast value of US$ 763.5 million by 2032.

Considering all aforementioned qualitative and quantitative factors, GaN RF amplifiers and power devices in wireless infrastructure are set to consume 14.8% of the gallium nitride radio frequency devices manufactured globally.

Competition landscape: Top Companies of GaN RF Devices Market

Market players in GaN RF Devices business have mainly opted for growth oriented strategies which includes establishment of GaN RF device value chains. In addition, branding and continuous technical advancements in their manufacturing technology hits the top position in their priority list. These strategies are helping the global players to expand their regional footprint and garner maximum market share thus providing competitive advantage.

Big Data Analytics in GaN RF Devices Market Key Segments

• By Product Type :

  • Module
  • Discrete

• By Application :

  • Wireless Infrastructure
  • Radars and Avionics
  • Power Storage
  • PV Inverter
  • CATV
  • Satellite Communication
  • Hybrid and EV Components
  • HEV Charging Equipment
  • Traction Motor Components
  • Other Applications

• By End User :

  • Telecommunications
  • Automotive
  • Aerospace and Defense
  • Medical Devices
  • Industrial