Gallium Nitride Market Analysis and Industry Forecast, 2019-2029

Gallium nitride is disrupting the overall automotive industry with its attractive technology for power electronics used in electric and hybrid vehicles. Electric vehicles and hybrid vehicles are appreciably using power electronics, and GaN is significantly unseating silicon-based power devices in the industry. The companies are targeting gallium nitride-based power devices for EVs because siliconbased devices are imposed on certain limitations of their own. The restrictions that hinder the applicability are that silicon-based devices are sensitive to high-temperature ranges, and they do not support a quick switching capability.

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In contrast to these limitations, GaN offers quick switching, is lighter, smaller, and highly efficient, has lower cost, and can be conveniently packaged. China is the largest producer of electric vehicles in the world and is rendering the growth of semiconductor electronic materials for fulfilling its domestic demands. China has many private manufacturing companies producing gallium nitride of different specifications for supplying them to end users. Some of the companies are Homray Material Technology Co., Ltd., CorEnergy Semiconductor Technology Co. Ltd., and Xiamen Powerway Advanced Material Co., Ltd.

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Electric vehicle manufacturers are targeting GaN components for production of electric vehicle’s onboard chargers, inverters, and batteries. The electric vehicle market is upsurging at a considerable rate, fueled by favorable government regulations and environmental policies focused on fuel emission. 

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