Gallium Nitride Power Device Market is estimated to be valued at USD 344.8 Mn in 2025 and is expected to reach USD 1,612.2 Mn by 2032, growing at a compound annual growth rate (CAGR) of 24.65% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 344.8 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
24.65%
2032 Value Projection:
USD 1,612.2 Mn
The global gallium nitride power device market includes the gallium nitride power and RF power devices that find predominant applications in power drives (electric vehicle drives, industrial drives, light detection), inverters, supplies, wireless charging, RF front end module, radars and space satellites. Extensive range of applications and the potential to cannibalize the existing silicon semiconductor market are expected to create immense opportunity for growth of the global GaN power devices market over the forecast period.
Market Dynamics
Gallium materials include a wide range of features such as wide energy band gap (3.4eV), high heat capacity, thermal conductivity, low device resistance, and ability to operate at transition speeds from on to off and vice versa, are among the prominent benefits, inadvertently driving growth of the GaN power devices market. High conductivity in on state in comparison to alternatives such as silicon substitutes present high opportunity to improve the energy efficiency in power distribution and control systems. However, limited availability and relatively high cost of the material is expected to hinder the overall growth of the market in the near future.
Key features of the study
This report provides in-depth analysis of the global gallium nitride power device market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global gallium nitride power device market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global gallium nitride power device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gallium nitride power device market.
Market Segmentation
Global Gallium Nitride Power Device Market, By Device Type
Power Device
RF Power Device
Global Gallium Nitride Power Device Market, By Voltage Range
<200 Volt
200-600 Volt
>600 Volt
Global Gallium Nitride Power Device Market, By End User
Power Drives
Supply and Inverter
Radio Frequency
Global Gallium Nitride Power Device Market, By Vertical
Telecommunications
Industrial
Automotive
Renewables
Consumer and Enterprise
Military, Defense, and Aerospace
Medical
Global Gallium Nitride Power Device Market, By Geography
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Company Profiles
Cree Inc.
Efficient Power Conversion (EPC) Corporation
Infineon Technologies
GaN Systems Inc.
Macom
Microsemi Corporation
Mitsubishi Electric
Navitas Semiconductor
Qorvo
Toshiba Electronic Devices & Storage Corporation
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Device Type
Market Snapshot, By Voltage Range
Market Snapshot, By End User
Market Snapshot, By Vertical
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Rising demand and sale of passenger cars
Growing demand of Do-it-yourself (DIY)
Restraints
Lack of Skilled Professionals
High Initial Cost
Opportunities
Growing trend towards vehicle tracking management
Growing popularity of vehicle diagnostic solutions
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Global Gallium Nitride Power Device Market, By Device Type, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Power Device
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
RF Power Device
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
5. Global Gallium Nitride Power Device Market, By Voltage Range, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
<200 Volt
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
200-600 Volt
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
>600 Volt
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
6. Global Gallium Nitride Power Device Market, By End User, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Power Drives
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
Supply and Inverter
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
Radio Frequency
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
7. Global Gallium Nitride Power Device Market, By Vertical, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Telecommunications
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
Renewables
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
Consumer and Enterprise
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
Military, Defense, and Aerospace
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
Medical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Million)
8. Global Gallium Nitride Power Device Market, By Region, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021-2028
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(USD Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(USD Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(USD Mn)
China
Japan
India
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(USD Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(USD Mn)