Lucintel Forecasts GaN Substrate Market to Grow at a CAGR of 9% to 10% from 2020 to 2025

According to the recent study the GaN Substrate Market is projected to grow at a CAGR of 9% to 10% from 2020 to 2025. Growth in this market is primarily driven by growing use of GaN technology devices for high-frequency, high-voltage, and high-temperature applications and increasing adoption of white-light LEDs.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in GaN substrate market by product type (lead GaN substrate and lead free GaN substrate), solder types (eutectic and non-eutectic), end use industry (electronics and automotive), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW).

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“Asia pacific will dominate the GaN substrate market in near future.”

Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to growth of the consumer electronics and automotive industries.

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Major players of GaN substrate market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Mitsubishi Chemical, Sumitomo, Kyocera, Toshiba, and GaN Systems are among the major GaN substrate providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/gan-substrate-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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