An exciting new study from the team of Lucintel found that GaN power device market is expected to grow at a CAGR of 27%to 29%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The GaN power device market is segmented based on device, end use industry, and region. In this market, power devices are expected to remain the largest device, and telecommunications segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like increasing electric vehicle demand, advancements in 5G network applications, and growth in demand for consumer electronics and automotive markets.
CREE, Infineon, Qorvo, Macom, Microsemi, Mitsubishi Electric, Efficient Power Conversion, GaN Systems are some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global GaN power device market by device (power devices and RF power devices), end use industry (telecommunications, industrial, automotive, renewables, consumer and enterprise; military, defense, & aerospace, and medical), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the GaN power device market?
Q.4 What are some changing demands of customers in the GaN power device market?
Q.5 What are the new developments in the GaN power device market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this GaN power device area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this GaN power device market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.