Gallium Nitride (GaN) Epiwafers Market Size 2023-2029 

The global Gallium Nitride (GaN) Epiwafers market was valued at US$ 432.9 million in 2022 and is projected to reach US$ 1577.3 million by 2029, at a CAGR of 20.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Gallium Nitride (GaN) Epiwafers are essentially thin layers of gallium nitride that are grown or deposited on a substrate, typically a crystalline material like silicon carbide (SiC) or sapphire. These epiwafers play a crucial role as a foundation in the production of electronic devices utilizing gallium nitride technology.

Gallium nitride is a semiconductor material with a wide bandgap and is well-known for its exceptional electrical and optical properties. Through the growth of a thin layer of gallium nitride on a suitable substrate, engineers and researchers are able to manufacture high-performance electronic devices, including power amplifiers, high-frequency transistors, light-emitting diodes (LEDs), laser diodes, and various other optoelectronic components.

The use of GaN epiwafers enables the optimization of device performance, reliability, and efficiency across a wide range of applications, such as power electronics, telecommunications, solid-state lighting, and wireless communication systems.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2029. This section mentions the volume of production by region from 2017 to 2029. Pricing analysis is included in the report according to each type from the year 2017 to 2029, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2029.

Total Market by Segment:

Global Gallium Nitride (GaN) Epiwafers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Gallium Nitride (GaN) Epiwafers Market Segment Percentages, by Type, 2022 (%)

GaN-on-Sapphire

GaN-On-Si

GaN-On-SiC

GaN-on-GaN

Others

Further, the report presents profiles of competitors in the market, key players include:

NTT AT

Wolfspeed

SCIOCS (Sumitomo)

EpiGaN (Soitec)

DOWA Electronics Materials

IQE

Enkris Semiconductor Inc

CorEnergy

GLC

Genettice

Suzhou Nanowin

Episil-Precision Inc

Xinguan Technology

Shanxi Yuteng

Sumitomo Electric Industries

Cree, Inc.

Mitsubishi Chemical Corporation

Aixtron SE

Nichia Corporation

Epistar Corporation

Osram Opto Semiconductors GmbH

Visual Photonics Epitaxy Co. Ltd. (VPEC)