December 5, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

GaN power device market to grow 90.6% to $61m in 2021

The silicon carbide (SiC) and gallium nitride (GaN) ‘third-generation’ semiconductor industry was impaired by the US-China trade war and the COVID-19 pandemic successively from 2018 to 2020, according to TrendForce’s latest investigations. During this period, the semiconductor industry on the whole saw limited upward momentum, in turn leading to muted growth for the third-generation semiconductor segment as well. However, due to high demand from automotive, industrial and telecom applications, this segment is likely to enter a rapid upturn. In particular, the GaN power device market will see the fastest growth, of 90.6% year-on-year to $61m in 2021…