The Latin America, Middle East and Africa Gallium Nitride (GaN) Semiconductor Devices Market would witness market growth of 18.6% CAGR during the forecast period (2017-2023). The IoT technology is nothing but a setup that has large number of interconnected devices. These devices need highly efficient and cost-effective components which can facilitate a constant exchange of information. GaN-based semiconductors use low power and are highly efficient for proper functioning of IoT enabled products. The defense & aerospace segment is expected to grow at the highest CAGR during the forecast period due to growing adoption of GaN technology in the defense & aerospace sector to increase the bandwidth and improve the performance reliability in communications, electronic warfare, and radars, among others. The ICs used in radar boards are GaN technology based, enabling efficient navigation, facilitating collision avoidance, and enabling real-time air traffic control.
Based on Product Type, the market report segments the market into Opto-Semiconductors, Power Semiconductors, and GaN Radio Frequency Devices. Based on Wafer Size, the market report segments the market into 4 inch, 2 inch, 8 inch, and 6 inch. Based on Application, the Gallium Nitride (GaN) Semiconductor Devices market report segments the market into Information & Communication Technology, Consumer Electronics, Aerospace & Defense, Automotive, Industrial & Power, Healthcare, and Others Based on Countries, the Gallium Nitride (GaN) Semiconductor Devices market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA. The market research report covers the competition analysis of key stake holders of the Latin America, Middle East and Africa Gallium Nitride (GaN) Semiconductor Devices Market.
Key companies profiled in the report include NextGen Power Systems, Inc., Cree, Inc. (Wolfspeed), Efficient Power Conversion Corporation, Inc., GaN Systems, Inc., Toshiba Corporation,Fujitsu Limited,NXP Semiconductors N.V., Texas Instruments Incorporated, Infineon Technologies AG, and Qorvo, Inc.
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