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RF Gallium Nitride Market worth $2.8 billion by 2028 – Exclusive Report by MarketsandMarkets™

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CHICAGO, July 12, 2023 /PRNewswire/ — The global RF gallium nitride market was valued at USD 1.3 billion in 2022 and is projected to reach USD 2.8 billion by 2028; it is expected to register a CAGR of 12.9% during the forecast period according to a new report by MarketsandMarkets™. The rise in demand for RF GaN devices is attributed to the continuous emergence of technologies in the GaN ecosystem, the suitability of GaN in RF applications, and the increasing adoption of GaN RF semiconductor devices for military, defense, and aerospace applications.

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Browse in-depth TOC on “RF Gallium Nitride Market” 
100 – Tables
58 – Figures
180 – Pages

RF Gallium Nitride Market Report Scope:

Report Coverage

Details

Market Revenue in 2022

$1.3 billion

Estimated Value by 2028

$2.8 billion

Growth Rate

Poised to grow at a CAGR of 12.9%

Market Size Available for

2019–2028

Forecast Period

2022–2028

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Device, Wafer Size, End User and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

High material and fabrication costs

Key Market Opportunities

Evolving renewable energy applications of GaN

Key Market Drivers

Advantage of GaN over traditional SI

By Wafer Size: 200 and more to account for a larger market share during the forecast year.

The 200 and more wafer size to account for the larger market share in 2028. The market for GaN wafers of 200 and above is expected to witness the highest growth during the forecast period. Wafers in this size range offer manufacturers the ability to increase productivity and produce a large number of devices in a single batch. This, in turn, helps to bring down the overall cost of manufacturing 6-inch wafers, making them one of the most cost-effective GaN wafers available in the market. This has become one of the main reasons owing to which the companies have been developing their semiconductor devices based on GaN wafers of 6 inches and above in recent years.

By Device Type: Integrated RF device segment to account for a larger market share in the forecasted year.

The Integrated RF device to account for the larger market share in 2028. Integrated devices combine multiple components, such as transistors, diodes, and resistors, on a single chip. This can make them smaller, more efficient, and more reliable than traditional discrete devices. RF GaN integrated devices have reformed the field of RF and microwave electronics, offering improved power density, efficiency, and linearity. They find applications in various industries, including wireless communications, radar systems, satellite communications, and defense.

By End Use: telecom infrastructure segment to account largest market share during the forecasted year.

Telecom infrastructure segment accounts for the largest market share in the RF GaN market during the forecast period. GaN has penetrated various base stations with its high-power and high-frequency performance benefits. Base stations are connected to antennas that transmit and receive signals in the cellular network from customer phones and cellular devices. The consumption of GaN-based RF devices in base stations is expected to continue to rise in the coming years. GaN offers superior properties of high-power density, power added efficiency (PAE), gain, and ease in impedance matching.

Additionally, telecom infrastructure demands extreme requirements for front-end components. The highest efficiency and linearity are needed for transmission, and the lowest noise figure is required in receive mode. Low-cost and high-volume manufacturing capabilities are mandatory for commercial applications.

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Asia Pacific is expected to hold the largest share of the RF gallium nitride market during the forecast period.

Asia Pacific to hold the largest share in the RF gallium nitride industry in 2028. Asia Pacific is the leading RF GaN market for telecom infrastructure and satellite communication industries, with the major demand coming from China, South Korea, and Japan. The RF GaN market in Asia Pacific reports a good growth trend, growing substantially compared with other regions. The main reason behind this is growing awareness about the advantages of RF GaN market devices, the increasing number of 5G base station infrastructure in China, and China and South Korea’s budding interesting RF GaN market devices.

The RF gallium nitride companies is dominated by a few globally established players such as Sumitomo Electric Device Innovations, Inc. (Japan), Qorvo, Inc. (US), WOLFSPEED, INC. (US), NXP Semiconductors (Netherlands), MACOM (US). The study includes an in-depth competitive analysis of these key players in the RF GaN market, with their company profiles, recent developments, and key market strategies.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Gallium Nitride Semiconductor Device Market Size, Share and Industry Growth Analysis Report by Device Type (RF, Power, Opto), Wafer Size, Application, Vertical (Consumer and Enterprises, Automotive, Telecommunications), and Geography – Global Growth Driver and Industry Forecast to 2026

Emission Monitoring System (EMS) Market by System Type (CEMS, PEMS), Offering (Hardware, Software, Services), Industry (Power Generation, Oil & Gas, Chemicals, Petrochemicals) and Region (2022-2027)

RF Semiconductor Market by Device (Filter, Power Amplifier, Switch, Low Noise Amplifier), Frequency Band, Material (GaAs, GaN, Si) Application (Consumer Devices, Automotive, Telecommunication, Aerospace & Defense), and Region – Global Forecast to 2025

Power Electronics Market by Device Type (Power Discrete, Power Module, Power IC), Material (Si, SiC, GaN), Vertical (ICT, Consumer Electronics, Industrial, Automotive, Aerospace), and Geography – Global Forecast to 2026

GaN Power Device Market by Device Type (Power, RF Power), Voltage Range, Application (Power Drives, Supply & Inverter, and RF), Vertical (Telecommunications, Consumer, Automotive, Military, Defense, Aerospace), and Geography – Global Forecast to 2023

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Mr. Aashish Mehra

MarketsandMarkets™ INC.
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Blockchain Press Releases

US blockchain company, Constellation Network, Welcomes Leading Experts from Top Enterprises and U.S. Government Agencies to their Enterprise Advisory Board.

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SAN FRANCISCO, Dec. 6, 2023 /PRNewswire/ — Constellation Network, a trailblazing US blockchain enterprise, proudly unveils its Enterprise Advisory Board, marking a significant stride in expanding its influence across commercial, enterprise, and federal sectors. This board, comprising distinguished leaders from diverse backgrounds, underscores Constellation’s commitment to innovation and security, notably as the first blockchain to develop secure communications for the US Department of Defense.

The board members, selected for their expertise and visionary leadership, include:

Erik Bethel, a global finance expert with significant public and private sector experience, including a pivotal role at the World Bank. His insights into blockchain and AI technologies are invaluable for advancing Constellation’s strategic objectives.

Michael Sandoval, a former Microsoft executive and current CEO of AI Research Corporation, brings a wealth of experience in AI, cybersecurity, and technological architecture, enhancing Constellation’s approach to secure communications and blockchain technology.

Alan Boehme, with over 25 years in global corporations, including H&M and Coca-Cola, offers a deep understanding of emerging technologies. His expertise will be pivotal in guiding Constellation’s technological innovations and applications across industries.

Art Seabolt, a technology specialist with four decades of experience, including senior executive roles, contributes his knowledge in large-scale data management and technology innovation, crucial for Constellation’s big data and blockchain initiatives.

Ken Spedden, recognized by the White House Office of Science and Technology Policy for his technological innovations, brings a unique perspective on applying technology to complex societal and security challenges. His experience in inter-agency collaboration and technology application bolsters Constellation’s mission in leveraging blockchain for wide-ranging societal and national security needs.

The formation of this board is a testament to Constellation Network’s dedication to harnessing Web3 technology for addressing global and industry-specific challenges. This initiative is a key component of Constellation’s strategy to pioneer blockchain applications that are secure, scalable, and transformative.

For more details about these advisors and their contribution to Constellation Network’s vision, visit https://constellationnetwork.io/team.

About Constellation Network, Inc.
Constellation Network is a dynamic force in blockchain, offering an open-source framework for business development. The assembly of this board is a decisive move in solidifying Constellation’s position as a leader in blockchain.

Twitter: @conste11ation 

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Blockchain Press Releases

Bybit Leads Green Revolution with 5ire Blockchain’s Stellar Market Debut

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DUBAI, UAE, Dec. 6, 2023 /PRNewswire/ — Bybit, the world’s third-largest crypto exchange by volume, is proud to announce the successful listing of 5ire, an innovative blockchain project that marries sustainability with cutting-edge technology.

Marking a monumental shift in eco-friendly blockchain solutions, the $5IRE token has seen a remarkable performance, quintupling in value at the time of writing, with its growth trajectory looking promising.

“5ire’s integration on Bybit is not just a success story about investment returns; it’s a leap forward in blockchain’s evolution towards sustainability,” said Ben Zhou, co-founder and CEO of Bybit. “This listing reinforces our commitment to supporting not only technologically advanced but also ethically grounded projects.”

5ire has emerged as a pioneer, being the first Layer 1, EVM-compatible blockchain platform to align with the United Nations Sustainable Development Goals. Its sustainable proof of stake model underlines its commitment to reducing the environmental impact of blockchain technology.

As India’s rapidly ascending unicorn, 5ire is charting a course for a sustainable blockchain future, aligning with global initiatives and government partnerships. For example, partnerships with diverse government bodies such as the Muzaffarnagar Police, Nebraska Police Department, and the Ministry of Agriculture in Nigeria.

5ire was launched on Bybit Launchpad — a pioneering token launch platform, which offers investors the exclusive opportunity for early access to new and pre-listed tokens from promising projects, directly accessible on the Bybit platform. To participate, investors commit specific amounts of Mantle (MNT) or Tether (USDT) towards each new project, resulting in the acquisition of new tokens.

#Bybit / #TheCryptoArk

About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X (Twitter) | Youtube 

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Blockchain Press Releases

Nubank Cripto Integrates Talos’s Smart Order Routing System to Reduce Trading Costs

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Partnership makes access to liquidity providers even more efficient, offering better buying and selling prices in Brazilian reais for cryptocurrencies in the Nu app

SÃO PAULO, Dec. 5, 2023 /PRNewswire/ — In another step towards developing the cryptocurrency trading platform Nubank Cripto, Nubank announced today its integration with Talos, the premier provider of institutional digital asset trading technology. With this partnership, customers who wish to trade crypto assets in Brazilian reais through the Nu app will benefit from reduced costs through Talos’s Smart Order Routing engine and connectivity to optimize trade execution across multiple liquidity providers.

“Nubank Cripto will continue to evolve as a platform that combines simplicity and robustness for cryptocurrency enthusiasts. With Talos, we have made further progress in this direction to offer users even more competitive prices securely and reliably when trading cryptocurrencies through an extensive network of settlement providers,” says Thomaz Fortes, leader of Nubank Cripto.

Currently, more than 60 partners make up the Talos Provider Network for cryptocurrency trading operations, including the Chicago Mercantile Exchange and the Chicago Board Options Exchange. Talos provides connectivity to venues that allow for FX, Spot, Futures, Perpetuals and Options trading while simultaneously providing advanced tooling for Portfolio and Treasury Management. Through Talos’s services, Nubank will have the ability to source liquidity from local providers in native Brazilian real pairs as well as from global partners for US dollar pairs and also token to token swaps enhancing the ability to deliver best price execution to Nubank’s customers.

“Digital assets have an important role to play in the financial future of Brazil, and we are proud to be working with Nubank to help expand access to digital asset liquidity in local currency to help deliver best price execution to their customers,” said Anton Katz, CEO and Co-Founder of Talos. “As Nubank grows in Latin America, Talos’s services can scale to support their customers in other countries and currencies in the future.”

Talos’s order execution management technology is designed to deliver advanced trading capabilities and greater efficiency to partner companies and their end customers. One of the key features is smart order routing to various liquidity providers with whom Nubank may work. The Talos platform for Nubank Cripto also includes algorithms developed exclusively for customer transactions, real-time market data integration, execution analysis, and compliance tools.

Nubank Cripto in constant evolution

The integration with Talos comes at a time of diversification in the offering of cryptocurrencies within the Nubank Cripto experience. In 2023 alone, 11 new digital asset options have been added for trading, including the latest addition: the stablecoin USDC. Currently, there are 15 cryptocurrencies available in the app, in addition to Nucoin, a utility token for the loyalty program.

The platform has made significant improvements in security by adopting Fireblocks’ software for managing digital asset operations on the blockchain. Through this widely recognized and adopted technology by leading crypto custodians worldwide, Nubank has developed its proprietary custodial solution for Nubank Cripto customers’ crypto assets. This initiative ensures the implementation of the strictest governance practices in the industry. Talos also integrates with Fireblocks, ensuring efficient and automated workflows.

About Nubank
Nu was born in 2013 with the mission to fight complexity to empower people in their daily lives by reinventing financial services.

We are one of the world’s largest digital financial services platforms, serving 90 million customers across Brazil, Mexico, and Colombia. As one of the leading technology companies in the world, Nu leverages proprietary technologies and innovative business practices to create new financial solutions and experiences for individuals and SMEs that are simple, intuitive, convenient, low-cost, empowering, and human. Guided by its mission, Nu is fostering access to financial services across Latin America.

About Talos
Talos provides an institutional-grade technology infrastructure that supports the full lifecycle of digital assets trading including liquidity sourcing, price discovery, trade execution, settlement, lending, and borrowing. Engineered by a team with unmatched experience building institutional trading systems, the Talos platform connects institutions to various providers in today’s digital asset ecosystem – exchanges, OTC desks, prime brokers, lenders, custodians and more – through a single point of entry. This streamlines the entire trading process, mitigates intermediary risk, and provides institutions a clear path to best execution. For additional information, visit www.talos.com.

Talos Disclaimer: Talos offers software-as-a-service products that provide connectivity tools for institutional clients. Talos does not provide clients with any pre-negotiated arrangements with liquidity providers or other parties. Clients are required to independently negotiate arrangements with liquidity providers and other parties bilaterally. Talos is not party to any of these arrangements. Services and venues may not be available in all jurisdictions.

Media contacts:
[email protected]
[email protected]

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