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Gallium Nitride Substrates Market, Global Outlook and Forecast 2024-2031

The global Gallium Nitride Substrates market was valued at US$ 398.6 million in 2023 and is projected to reach US$ 780.6 million by 2029, at a CAGR of 10.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

This report aims to provide a comprehensive presentation of the global market for Gallium Nitride Substrates, 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 Gallium Nitride Substrates. This report contains market size and forecasts of Gallium Nitride Substrates in global, including the following market information:
Global Gallium Nitride Substrates Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Gallium Nitride Substrates Market Sales, 2019-2024, 2024-2029, (K Units)
Global top five Gallium Nitride Substrates companies in 2023 (%)

The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
GaN on Sapphire Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Gallium Nitride Substrates include Toshiba, Koninklijke Philips, Texas Instruments, Saint Gobain, Sumitomo Electric Industries, Soitec Pte Ltd, Fujitsu Limited, Mitsubishi and NGK Insulators, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Gallium Nitride Substrates 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.
Total Market by Segment:

Global Gallium Nitride Substrates Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K Units)
Global Gallium Nitride Substrates Market Segment Percentages, by Type, 2023 (%)
  • GaN on Sapphire
  • GaN on Si
  • GaN on GaN
  • Other
Global Gallium Nitride Substrates Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K Units)
Global Gallium Nitride Substrates Market Segment Percentages, by Application, 2023 (%)
  • Health Care
  • Automotive
  • Military and Defense
  • Other
Global Gallium Nitride Substrates Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K Units)
Global Gallium Nitride Substrates Market Segment Percentages, By Region and Country, 2023 (%)
  • 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 Gallium Nitride Substrates revenues in global market, 2019-2024 (Estimated), ($ millions)
  • Key companies Gallium Nitride Substrates revenues share in global market, 2023 (%)
  • Key companies Gallium Nitride Substrates sales in global market, 2019-2024 (Estimated), (K Units)
  • Key companies Gallium Nitride Substrates sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Toshiba
  • Koninklijke Philips
  • Texas Instruments
  • Saint Gobain
  • Sumitomo Electric Industries
  • Soitec Pte Ltd
  • Fujitsu Limited
  • Mitsubishi
  • NGK Insulators
  • Infineon Technologies
  • Sino Nitride Semiconductors
  • PAM Xiamen
Outline of Major Chapters:

Chapter 1: Introduces the definition of Gallium Nitride Substrates, market overview.
Chapter 2: Global Gallium Nitride Substrates market size in revenue and volume.
Chapter 3: Detailed analysis of Gallium Nitride Substrates 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 Gallium Nitride Substrates 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 Gallium Nitride Substrates 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.