Mexico Gallium Nitride Semiconductor Devices Market Size & Outlook
The gallium nitride semiconductor devices market in Mexico is expected to reach a projected revenue of US$ 415.3 million by 2030. A compound annual growth rate of 30.6% is expected of Mexico gallium nitride semiconductor devices market from 2025 to 2030.
Revenue, 2024 (US$M)
$87.7
Forecast, 2030 (US$M)
$415.3
CAGR, 2025 - 2030
30.6%
Report Coverage
Mexico
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Mexico gallium nitride semiconductor devices market highlights
- The Mexico gallium nitride semiconductor devices market generated a revenue of USD 87.7 million in 2024 and is expected to reach USD 415.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 30.6% from 2025 to 2030.
- In terms of segment, opto-semiconductors was the largest revenue generating product in 2024.
- GaN Radio Frequency Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Gallium nitride semiconductor devices market data book summary
| Market revenue in 2024 | USD 87.7 million |
| Market revenue in 2030 | USD 415.3 million |
| Growth rate | 30.6% (CAGR from 2025 to 2030) |
| Largest segment | Opto-semiconductors |
| Fastest growing segment | GaN Radio Frequency Devices |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Opto-semiconductors, Power Semiconductors, GaN Radio Frequency Devices |
| Key market players worldwide | SMART Global Holdings Inc, Fujitsu Ltd, Infineon Technologies AG, NexGen Energy Ltd, NXP Semiconductors NV, Qorvo Inc, Texas Instruments Inc, Toshiba Corporation |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.9% of the global gallium nitride semiconductor devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. gallium nitride semiconductor devices market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 415.3 million by 2030.
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Gallium Nitride Semiconductor Devices Market Scope
Gallium nitride semiconductor devices market segmentation & scope
Others
Gallium Nitride Semiconductor Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Qorvo Inc | View profile | 8700 | 7628 Thorndike Road, Greensboro, NC, United States, 27409-9421 | https://www.qorvo.com |
| NexGen Energy Ltd | View profile | 77 | 1021 West Hastings Street, Suite 3150, Vancouver, BC, Canada, V6E 0C3 | https://www.nexgenenergy.ca |
| SMART Global Holdings Inc | View profile | 3000 | 1390 McCarthy Boulevard, Milpitas, CA, United States, 94560 | https://www.sghcorp.com |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
| Fujitsu Ltd | View profile | 124055 | Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 | http://www.fujitsu.com |
Mexico gallium nitride semiconductor devices market size, by product, 2018-2030 (US$M)
Mexico Gallium Nitride Semiconductor Devices Market Outlook Share, 2024 & 2030 (US$M)
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