Gallium Nitride Substrates Market- Kyma and Quora’s Partnering, to Offer Novel Technologies in Gan Substrate Materials.

Gallium Nitride Substrates are preferred more than other substrates due to certain over-the-edge features they possess. This allows the market to penetrate into the billion dollar market circle. Moreover, the existing silicon substrate based power electronics are not sufficient to handle the power requirements. In the era of Internet of Things and green automobiles, the power components are expected to perform better along with saving energy. The GaN substrates are capable of perfectly doing the same and are able to capitalize the high value market.

Insights and Outlook on GaN Substrates Market:

• Growing competition = growing shift towards quality.

• Sapphire continues to dominate the global market even during the forecast period upto 2020.

• Fragmented dominance of companies; trend to continue. However, Cree Inc., Sumitomo Electric Industries, Ltd are forecast to increase their market share in the overall market by remaining dominant in Silicon Carbide and GaN markets respectively.

• Rising investments and R&D of the market, is causing an increased utilization of the fact that Gallium Nitride is a semiconductor compound material which is advantageous over conventional substances like silicon, silicon carbide, aluminum etc.

Geographical Brief of GaN Substrates Market:

With high usage of the GaN Materials across optoelectronic products like LEDs, Lasers, Power Electronics and Radio Frequency Amplifiers, the global regions are enjoying the scope of the market and IndustryARC has noted that APAC accounts for the largest share in GaN Substrates Market. North America stands at position 2 for contribution to this market with Europe being third. While on the other hand, studies also suggest Japan, Korea and China formed the huge share in production and consumption as well.

Segmentation of GaN Substrates Market:

IndustryARC segments the GaN substrates market into a vast 7 number of types owing to certain deciding factors as given below. Some of the broad types...