According to the recent research report titled ‘Global RF GaN (Radio-frequency Gallium Nitride) Market by Application (Military, Telecom Infrastructure, Satellite Communication, Wired Broadband, Commercial Radar and Avionics, and RF Energy), Material (GaN-on-Sic and GaN-on-Silicon), Regional Forecasts 2021-2027’, available with MarketStudyReport, global RF GaN (radio-frequency gallium nitride) market was worth USD 0.67 billion in 2020 and is expected to a expand with a 30.58% CAGR over 2021-2027, subsequently accruing USD 4.32 billion valuation by the forecast period-end.
 

Global RF GaN (radio-frequency gallium nitride) market growth can be ascribed to increasing deployment of the product in electric vehicles and rising implementation of IoT devices.
 

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Notably, gallium nitride stands out in radio-frequency applications for its high saturation velocity, robust breakdown field, and excellent thermal properties, all of which have proven advantageous in transporting signals over long distances or at high power levels.
 

Rising applications in automotive and energy industry, along with escalating demand for wireless devices are anticipated to add to the overall industry progression. Besides, growing acceptance and usage of RF GaN in electric cars is projected to contribute to the market development.
 

Despite the positive outlook, design complexities associated with RF devices and hefty costs related to use of high-performance devices are likely to act as restraints for worldwide RF GaN (radio-frequency gallium nitride) industry expansion.
 

Coming to regional landscape, Europe, North America, Asia Pacific, and Latin America are the key areas considered for the regional assessment of the market. The report cites that Asia Pacific presently accounts for sizeable industry share, creditable to advent of 5G technology, along with surging demand for wearable gadgets, smartphones, and other devices.
 

Moreover, rising emphasis on infrastructure development in order to enable 5G technology is likely to boost demand for RF semiconductors in APAC in the coming years.
 

Coming to competitive landscape, Qorvo Inc., Wolfspeed Inc., NXP Semiconductors N.V., Integra Technologies Inc., Sumitomo Electric Device Innovations Inc., Mitsubishi Electric Corporation, MACOM Technology Solutions Holdings Inc., Microsemi Corporation, Aethercomm Inc., and Analog Devices Inc. are the major companies powering global RF GaN (radio-frequency gallium nitride) market dynamics.