The market value of gallium nitride substrates worldwide are expected to increase considerably between 2018 and 2029. The substrate gallium nitride on silicon (GaN-on-Si) is forecast to increase from 21 million U.S. dollars in 2018 to 186 million U.S. dollars in 2029 at a compound annual growth rate of 22.09 percent during that timeframe.
Power devices and power electronics in the semiconductor industry are the primary applications for these materials.
Market value of gallium nitride worldwide in 2018 and 2029 by substrate type
(in million U.S. dollars)
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BIS Research. (January 1, 2019). Market value of gallium nitride worldwide in 2018 and 2029 by substrate type (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1125462/gallium-nitride-market-value-worldwide-by-substrate/
BIS Research. "Market value of gallium nitride worldwide in 2018 and 2029 by substrate type (in million U.S. dollars)." Chart. January 1, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1125462/gallium-nitride-market-value-worldwide-by-substrate/
BIS Research. (2019). Market value of gallium nitride worldwide in 2018 and 2029 by substrate type (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1125462/gallium-nitride-market-value-worldwide-by-substrate/
BIS Research. "Market Value of Gallium Nitride Worldwide in 2018 and 2029 by Substrate Type (in Million U.S. Dollars)." Statista, Statista Inc., 1 Jan 2019, https://www.statista.com/statistics/1125462/gallium-nitride-market-value-worldwide-by-substrate/
BIS Research, Market value of gallium nitride worldwide in 2018 and 2029 by substrate type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1125462/gallium-nitride-market-value-worldwide-by-substrate/ (last visited December 22, 2024)
Market value of gallium nitride worldwide in 2018 and 2029 by substrate type (in million U.S. dollars) [Graph], BIS Research, January 1, 2019. [Online]. Available: https://www.statista.com/statistics/1125462/gallium-nitride-market-value-worldwide-by-substrate/
