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Global Gallium Nitride (GaN) Market to Quadruple by 2034 Driven by 5G, EVs, and Energy-Efficient Technologies

08-13-2025 08:49 AM CET | IT, New Media & Software

Press release from: Emergen research

Global Gallium Nitride (GaN) Market to Quadruple by 2034 Driven

The global Gallium Nitride (GaN) market, valued at approximately USD 3.2 billion in 2024, is projected to reach nearly USD 13.5 billion by 2034, growing at an impressive CAGR of 15.5%. The surge is fueled by rising demand for high-efficiency power electronics, rapid 5G rollout, accelerating electric vehicle (EV) adoption, and growing emphasis on smaller, energy-saving devices.

In 2023 alone, more than 120 million GaN-based fast chargers were shipped worldwide, marking a 42% jump from the previous year. Leading smartphone brands, including Xiaomi, Samsung, and Apple, have integrated GaN fast chargers into their flagship devices. Automotive leaders such as Tesla and Hyundai are using GaN power modules in next-generation EVs.

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The telecom sector is another major growth driver. Global 5G base station installations crossed 5.6 million units by early 2024, with over 40% employing GaN RF or power devices to improve performance and efficiency.

Why GaN is Transforming Industries
Gallium Nitride is a semiconductor material with distinct advantages over traditional silicon, such as higher voltage capacity, better heat resistance, faster operation, and lower energy loss. These qualities make GaN ideal for compact, lightweight, and high-performance systems.

The technology is already making an impact in:
Consumer electronics: Fast charging solutions for smartphones and laptops.
Data centers: Amazon and Google have adopted GaN modules to cut energy waste and improve cooling.
Automotive: BMW, Toyota, and BYD are using GaN in driver assistance systems and LiDAR sensors.
Telecom: High-frequency devices for advanced wireless networks.
Industrial power supplies: Panasonic and Rohm are ramping up production in Japan.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Gallium Nitride (GaN) Market , covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic

Some major players included in the global Gallium Nitride market report are:

DOWA Electronics Materials Co. Ltd.
Cree Inc.
American Elements
Furukawa Co. Ltd.
Mitsubishi Chemical Corporation
Kyma Technologies Inc.
Soitec
IQE PLC
Infineon Technologies
Nitride Semiconductors Co. Ltd.

Advances Lower Costs, Expand Adoption
Recent breakthroughs-such as GaN-on-silicon and GaN-on-SiC manufacturing, along with improved growth methods-have reduced production costs and made GaN more widely available. Key players including Infineon Technologies, Wolfspeed, GaN Systems, Efficient Power Conversion (EPC), and Qorvo are developing more reliable and cost-effective products while expanding applications.

Regional Insights
Asia Pacific leads the global GaN market, powered by strong electronics manufacturing in China, Japan, South Korea, and Taiwan. China's GaN market alone reached about USD 700 million in 2024. The region accounts for over 65% of global GaN production, with more than 1.3 million GaN fast chargers shipped in China last year.
North America is set for solid growth, supported by demand from 5G infrastructure, EVs, and aerospace.
Europe is investing heavily in R&D, with a focus on automotive electrification and industrial automation.

Regional Landscape section of the Gallium Nitride (GaN) Market report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report bifurcates the Gallium Nitride (GaN) Market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Gallium Nitride Market Market Segmentation Analysis
By Type Outlook (Revenue, USD Billion, 2021-2034)
GaN-on-Silicon
GaN-on-Sapphire
GaN-on-Silicon Carbide (SiC)
Others (Bulk GaN, Hybrid Substrates)
By Device Outlook (Revenue, USD Billion, 2021-2034)
Power Devices (Transistors, Diodes, ICs)
Optoelectronic Devices (LEDs, Laser Diodes)
RF Devices (Power Amplifiers, Switches)
Others (Sensors, Photonics, Emerging Devices)
By Application Outlook (Revenue, USD Billion, 2021-2034)
Consumer Electronics
Automotive
Industrial
Telecommunications
Medical Devices
Aerospace & Defense
Others
By End-Use Outlook (Revenue, USD Billion, 2021-2034)
OEMs
Aftermarket
Research Institutes
Others

To know more about the report @ https://www.emergenresearch.com/industry-report/gallium-nitride-market

Future Outlook
The move toward renewable energy, green transportation, and faster, more reliable communication systems will continue to drive GaN adoption. As the technology matures and industry standards are established, Gallium Nitride is expected to play a central role in creating efficient, low-carbon electronics worldwide by 2034.

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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