Power GaN market to reach $2 billion in 2027
EPC, GaN Systems, Infineon Technologies, Innoscience are all playing the power GaN game
The GaN power market is expected to reach $2 billion in 2027, according to Yole SystemPlus's new comparison report, 'GaN Power Transistor Comparison 2022'.
“With GaN being a relatively new technology compared to silicon, GaN device manufacturers offer different approaches to device design, integration, and packaging. Due to the technical difficulty in GaN epitaxy, most manufacturers outsource the various stages of device manufacturing, thereby changing their business models from pure device manufacturing business models. GaN business models are now very varied”.
Since their first commercialisation in 2010, the performance and added value of GaN devices have been gradually proven, and prices have become increasingly acceptable to end-users. New major players like STMicroelectronics are entering the market, and there is increased adoption of monolithic power GaN IC s in various mobile charges with a power rating up to 130 W at affordable prices.
However, GaN devices still have some technical and commercial challenges. Technically, improvements are required in manufacturing yield and electrical performance. Commercially, there is a need for large-volume market adoption driven by targeted applications (for instance, automotive) to reduce further the cost of GaN devices and favour GaN adoption on a large commercial scale.