GaN on Diamond Semiconductor Substrates Market to Reach Valuation of US$ 142.05 Mn by 2031, TMR Study
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ALBANY, N.Y., Nov. 3, 2021 /PRNewswire/ --
GaN on Diamond Semiconductor Substrates Market: Broad Contours
GaN on diamond substrates are growing in commercial scope for developing range of power electronics, owing to their effect in considerably increasing the thermal resistivity and efficiency. Their use is gathering traction in wideband GaN power transistors that find applications in military-grade power dense equipment. The interest stems from their higher thermal conductivity than the current generation of GaN-on-SiC devices. Growing demand for GaN on diamond wafers for use in high electron mobility transistors (HEMTs) has offered steady revenue gains to players in the GaN on diamond semiconductor substrates market.
Over the years, industry players have benefitted from researchers demonstrating strikingly superior electrical characteristics in a number of HEMT applications. Thus, providers of high-power solutions in the semiconductor industry have been keenly integrating GaN with diamond to extend the horizon in next-gen power electronics. The possibilities are vast and as scrutinized by analysts at TMR, the global GaN on diamond semiconductor substrates market is projected to reach US$ 142.05 Mn by 2031.
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Key Findings on GaN on Diamond Semiconductor Substrates Market Study
The production of GaN-on-diamond wafers for meeting the needs of 5G base station is witnessing a marked impetus from massive developments of 5G infrastructure in various countries in recent years. Furthermore, the growing use of GaN-based HEMTs in high-voltage and high-switching–frequency motor control applications is spurring research on the final system performance and its reliability.
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GaN on Diamond Semiconductor Substrates Market: Drivers
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GaN on Diamond Semiconductor Substrates Market: Regional Growth Dynamics
Opportunities in the North AmericaGaN on diamond semiconductor substrates market are anticipated to expand at a promising pace during the forecast period of 2021-2031. Technological strides made in power electronics and wireless infrastructure have helped spur the demand for products in multiple industries in the emerging economies of the region. The U.S. currently holds a prominent share of the North America market. Canada and Mexico are also expected to contribute significantly to the revenue generation of the regional market in the near future.
GaN on Diamond Semiconductor Substrates Market: Key Players
Some of the prominent players profiled in the study are Advanced Diamond Technologies, Crystallume Corporation, Qorvo Inc., Microwave Enterprises Ltd., Diamond Microwave Devices Limited, Carat Systems, and Blue Wave Semiconductor.
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Global GaN on Diamond Semiconductor Substrates Market: Segmentation
GaN on Diamond Semiconductor Substrates Market, by Diamond Type
GaN on Diamond Semiconductor Substrates Market, by Application
GaN on Diamond Semiconductor Substrates Market, by End-use Industry
GaN on Diamond Semiconductor Substrates Market, by Region
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