Product Code: ETC4440565 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India gan power device market import shipments experienced a robust compound annual growth rate of 26.9% from 2020 to 2024. The growth rate between 2023 and 2024 moderated slightly to 6.1%. Overall, the market exhibited strong expansion with a positive growth trajectory, indicating sustained momentum during the period.
Gallium Nitride (GaN) power devices are increasingly important for high-performance and efficient power electronics. As India focuses on energy efficiency and green technology, the GaN power device market is growing to meet the demand for efficient power conversion and control.
Gallium Nitride (GaN) power devices are essential for efficient power conversion in various applications, including power electronics and wireless power systems. The India GaN power device market is being driven by the need for energy-efficient solutions. As India focuses on renewable energy, electric mobility, and efficient power infrastructure, the demand for GaN power devices is growing. These devices offer higher efficiency, faster switching speeds, and smaller form factors, making them vital for modern power systems.
Challenges in the GaN power device market include the need for extensive research and development to improve efficiency and reduce manufacturing costs. Regulatory compliance and safety standards for high-power electronic devices can be stringent. Additionally, creating awareness and acceptance of GaN technology in the India market is a hurdle.
The demand for GaN power devices may have increased as industries sought energy-efficient solutions during the pandemic.
The India GaN power device market is influenced by both international and local players. Among the global players, companies like Infineon Technologies and Texas Instruments are notable. Infineon Technologies, a German semiconductor manufacturer, offers a range of GaN power devices for various applications, including power supplies and automotive systems. Texas Instruments, a renowned American semiconductor company, is known for its GaN solutions for power management. On the local front, companies like BHEL (Bharat Heavy Electricals Limited) are contributing to the India GaN power device market by developing indigenous GaN-based power electronics solutions. These key players are at the forefront of advancing GaN technology in India and promoting its adoption in diverse sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India GaN Power Device Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India GaN Power Device Market Revenues & Volume, 2021 & 2031F |
3.3 India GaN Power Device Market - Industry Life Cycle |
3.4 India GaN Power Device Market - Porter's Five Forces |
3.5 India GaN Power Device Market Revenues & Volume Share, By Device Type , 2021 & 2031F |
3.6 India GaN Power Device Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 India GaN Power Device Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.8 India GaN Power Device Market Revenues & Volume Share, By Voltage Range, 2021 & 2031F |
4 India GaN Power Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient electronic devices |
4.2.2 Growing adoption of electric vehicles and renewable energy sources in India |
4.2.3 Technological advancements in gallium nitride (GaN) power devices |
4.3 Market Restraints |
4.3.1 High initial cost of GaN power devices compared to traditional silicon-based devices |
4.3.2 Lack of awareness and understanding about the benefits of GaN technology among consumers |
4.3.3 Limited availability of GaN power devices in the Indian market |
5 India GaN Power Device Market Trends |
6 India GaN Power Device Market, By Types |
6.1 India GaN Power Device Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 India GaN Power Device Market Revenues & Volume, By Device Type , 2021-2031F |
6.1.3 India GaN Power Device Market Revenues & Volume, By Power, 2021-2031F |
6.1.4 India GaN Power Device Market Revenues & Volume, By RF Power, 2021-2031F |
6.2 India GaN Power Device Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India GaN Power Device Market Revenues & Volume, By Power Drives, 2021-2031F |
6.2.3 India GaN Power Device Market Revenues & Volume, By Supply and Inverter, 2021-2031F |
6.2.4 India GaN Power Device Market Revenues & Volume, By Radio Frequency, 2021-2031F |
6.3 India GaN Power Device Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 India GaN Power Device Market Revenues & Volume, By Telecommunications, 2021-2031F |
6.3.3 India GaN Power Device Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 India GaN Power Device Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 India GaN Power Device Market Revenues & Volume, By Renewables, 2021-2031F |
6.3.6 India GaN Power Device Market Revenues & Volume, By Consumer and Enterprise, 2021-2031F |
6.3.7 India GaN Power Device Market Revenues & Volume, By Military, Defense, and Aerospace, 2021-2031F |
6.4 India GaN Power Device Market, By Voltage Range |
6.4.1 Overview and Analysis |
6.4.2 India GaN Power Device Market Revenues & Volume, By <200 Volt, 2021-2031F |
6.4.3 India GaN Power Device Market Revenues & Volume, By 200??600 Volt, 2021-2031F |
6.4.4 India GaN Power Device Market Revenues & Volume, By >600 Volt, 2021-2031F |
7 India GaN Power Device Market Import-Export Trade Statistics |
7.1 India GaN Power Device Market Export to Major Countries |
7.2 India GaN Power Device Market Imports from Major Countries |
8 India GaN Power Device Market Key Performance Indicators |
8.1 Efficiency improvement percentage in GaN power devices |
8.2 Number of patents related to GaN power device technology filed in India |
8.3 Growth rate of research and development investments in GaN power devices in India |
9 India GaN Power Device Market - Opportunity Assessment |
9.1 India GaN Power Device Market Opportunity Assessment, By Device Type , 2021 & 2031F |
9.2 India GaN Power Device Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 India GaN Power Device Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.4 India GaN Power Device Market Opportunity Assessment, By Voltage Range, 2021 & 2031F |
10 India GaN Power Device Market - Competitive Landscape |
10.1 India GaN Power Device Market Revenue Share, By Companies, 2024 |
10.2 India GaN Power Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |