Report Overview
The global GaN Power Modules market was valued at 0.1 million in 2024 and is projected to reach US$ 2.6 million by 2031, at a CAGR of 38.8% during the forecast period.
This report studies the GaN Modules, the typical products of GaN power modules include Infineon (GaN Systems) 650V 150A Full-Bridge Module and 650V 300A 3-Phase GaN Power Module.
Currently, GaN power modules are in the market promotion stage, and the companies entering the market are mainly in Europe, the United States and Japan. The key manufacturers of GaN Modules include Infineon (GaN Systems), Texas Instruments, Efficient Power Conversion Corporation (EPC), Kyocera, QPT and Vincotech, etc.
From the overall development of gallium nitride (GaN), currently GaN RF devices are currently in a dominant position, accounting for about 85% of the market share, while GaN power devices currently account for the remaining 15%. GaN power devices have grown rapidly in recent years, and a large number of companies have gradually entered the industry. It is expected that GaN power devices market share will further increase in the next few years. At present, GaN RF devices are mainly dominated by several companies such as Sumitomo Electric Device Innovations (SEDI), Wolfspeed, Qorvo and NXP; while GaN power devices are dominated by Power Integrations, Inc., Navitas Semiconductor, GaN Systems, Efficient Power Conversion Corporation (EPC), Innoscience, Transphorm Inc. and Infineon, among which Innoscience is the worlds largest GaN power device manufacturer.
In the next few years, GaN modules are expected to grow rapidly, with broad development potential in the fields of motor control, photovoltaic inverters, new energy vehicles, home appliances, UPS/servers, etc.
Prospect Research Reports (PRR) has surveyed the GaN Power Modules manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks
This report aims to provide a comprehensive presentation of the global market for GaN Power Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding GaN Power Modules. This report contains market size and forecasts of GaN Power Modules in global, including the following market information:
Global GaN Power Modules market revenue, 2020-2025, 2026-2031, ($ millions)
Global GaN Power Modules market sales, 2020-2025, 2026-2031, (K Units)
Global top five GaN Power Modules companies in 2024 (%)
Total Market by Segment:
Global GaN Power Modules market, by Type, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global GaN Power Modules market segment percentages, by Type, 2024 (%)
GaN-Full Bridge Module
GaN Half-Bridge Module
Global GaN Power Modules market, by Application, 2020-2025, 2026-2031 ($ Millions) & (K Units)
Global GaN Power Modules market segment percentages, by Application, 2024 (%)
Home Appliances/Consumer
Servers/UPS
Solar Inverters
Motor Drives
Electric Vehicles (EVs)
HVAC
Others
Global GaN Power Modules market, by region and country, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global GaN Power Modules market segment percentages, by region and country, 2024 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies GaN Power Modules revenues in global market, 2020-2025 (estimated), ($ millions)
Key companies GaN Power Modules revenues share in global market, 2024 (%)
Key companies GaN Power Modules sales in global market, 2020-2025 (estimated), (K Units)
Key companies GaN Power Modules sales share in global market, 2024 (%)
Further, the report presents profiles of competitors in the market, key players include:
Infineon (GaN Systems)
Kyocera AVX
Mitsubishi Electric (Vincotech)
Fujitsu General Electronics Limited
Sensitron Semiconductor
VisIC Technologies
NJSM Electronics
X-IPM Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of GaN Power Modules, market overview.
Chapter 2: Global GaN Power Modules market size in revenue and volume.
Chapter 3: Detailed analysis of GaN Power Modules manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of GaN Power Modules in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global GaN Power Modules capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.