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Last Updated: Apr 25, 2025 | Study Period:
The pursuit of greater efficacy, quicker performance, and smaller form factors has fuelled continual progress in the field of semiconductor technology.
The creation and use of gallium nitride (GaN) epitaxial wafers is one outstanding development that has occurred.
These wafers have the potential to revolutionise a number of industries, including power management and electronics, because of their extraordinary qualities and capabilities.
Wide-bandgap semiconductor GaN has exceptional electrical and thermal characteristics that make it highly sought-after for a variety of applications.
By creating GaN epitaxial wafers, epitaxyâthe process of developing a crystalline layer on a substrateâhas allowed scientists and engineers to fully realise the potential of GaN.
Thin slices of semiconductor material called GaN epitaxial wafers are created by precisely controlling the growth of layers of GaN on a substrate.
Depending on the intended application and desired performance characteristics, this substrate may be composed of several materials, including silicon carbide (SiC) or sapphire.
GaN epitaxial wafers have a number of advantages over conventional silicon-based technologies, including the following:
GaN epitaxial wafers are a ground-breaking development in semiconductor technology.
Wide bandgap, high electron mobility, and energy efficiency are just a few of the unique qualities that they possess, and these attributes open up new opportunities for electronic, power management, and communication systems.
Even if there are still difficulties, current research and development efforts are positioned to fully realise GaN's potential, opening the door for a future that is more energy-efficient, high-performing, and linked.
The Global GaN Epitaxial Wafers market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
200mm Red, Green, and Blue (RGB) epitaxial wafers have been introduced by IQE for the qualification of microLED displays.
MicroLEDs, a display technology based on GaN and GaAs semiconductors, are being incorporated into numerous new platforms, including wearables, AR/VR headsets, and large format displays.
Because of the size of its manufacturing, IQE believes that its GaN and GaAs epitaxy enables speedier adoption of microLEDs.
With the introduction of its microLED wafers, IQE hopes to give clients choices for display-level validation with a quicker time to market.
IQE is offering qualified foundry capacity from its multi-continent operations, providing customers with epitaxy supply chain variety.
These multi-wavelength solutions are available at wafer diameters, including novel possibilities at 200mm.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2024 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2024 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |