Global EV GaN Inverter Market 2024-2030
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Global EV GaN Inverter Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

EV GaN INVERTER MARKET

 

INTRODUCTION TO EV GaN INVERTER MARKET

Gallium Nitride (GaN) based inverters are a new type of power electronic inverters that offer a significant improvement over conventional Silicon (Si) based inverters.

 

GaN inverters are smaller, lighter, and more efficient than Si inverters, making them ideal for the automotive, aerospace, and industrial sectors. They are also much more stable than Si inverters and have a higher switching frequency. This increased frequency allows for more efficient power conversion and allows for greater control over the output power. 

 

GaN inverters are also more tolerant to heat and can operate at higher temperatures without any damage to the internal components. Additionally, GaN inverters have a much longer lifetime than Si inverters, making them a great choice for applications where long-term reliability is a must. Finally, GaN inverters are much more cost-effective than Si inverters, making them a great choice for those on a budget.

 

Overall, GaN inverters are a great choice for applications requiring high efficiency, high power density, and long-term reliability. They are also much more cost-effective than Si inverters, making them an attractive option for those on a budget. GaN inverters offer a great combination of performance and affordability that make them an ideal choice for many applications.

 

EV GaN INVERTER MARKET SIZE AND FORECAST

 

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The Global EV GaN inverter market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

EV GaN INVERTER MARKETNEW  PRODUCT LAUNCH

 To hasten the adoption of GaN power systems in the Chinese EV industry, GaN Systems has announced a partnership with ACEpower, a prominent producer of power supply and EV charging solutions for the Chinese market. To increase the use of gallium nitride (GaN) power technology in charging modules, onboard chargers (OBC), and other power conversion applications for the Chinese EV market, GaN Systems and ACEpower have announced their alliance.

 

Through the collaboration, the size, weight, and efficiency of EV power systems will be increased by combining ACEpower's vast power electronics experience with GaN Systems' automotive-grade, high-performance GaN transistors.  The most recent announcement comes after the high-power onboard charger (OBC) reference platform made with GaN devices was released by GaN Systems.  

 

GaN Systems and ACEpower will work together to optimize power conversion architecture and create cutting-edge integrated power modules as part of their relationship. High-frequency magnetics will also be studied to provide the possibility of smaller solution sizes and higher power densities. Silicon-based power systems are frequently bulky, ineffective, and unfit for the needs of contemporary EVs.

 

The two businesses are working to create solutions that overcome these constraints by utilizing the most recent GaN technologies. These solutions will provide higher-frequency circuits with higher power densities and more efficient operating frequencies, which are ideal for next-generation OBC, traction inverters, and other EV power systems.

 

THIS EV GaN INVERTER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many EV GaN inverter are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global EV GaN inverter and key vendor selection criteria
  3. Where is the EV GaN inverter manufactured? What is the average margin per unit?
  4. Market share of Global EV GaN inverter market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global EV GaN inverter in-house
  6. key predictions for next 5 years in Global EV GaN inverter market
  7. Average B-2-B EV GaN inverter market price in all segments
  8. Latest trends in EV GaN inverter market, by every market segment
  9. The market size (both volume and value) of the EV GaN inverter market in 2024-2030 and every year in between?
  10. Production breakup of EV GaN inverter market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix