North America Gallium Nitride Semiconductor Devices Market Size & Outlook
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North America gallium nitride semiconductor devices market highlights
- The North America gallium nitride semiconductor devices market generated a revenue of USD 1,047.5 million in 2024.
- The market is expected to grow at a CAGR of 27.9% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 1,047.5 million |
| Market revenue in 2030 | USD 4,382.2 million |
| Growth rate | 27.9% (CAGR from 2025 to 2030) |
| Largest segment | Opto-semiconductors |
| Fastest growing segment | GaN Radio Frequency Devices |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, North America region accounted for 34.3% of the global gallium nitride semiconductor devices market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,550.1 million by 2030.
Opto-semiconductors was the largest segment with a revenue share of 49.11% in 2024. Horizon Databook has segmented the North America gallium nitride semiconductor devices market based on opto-semiconductors, power semiconductors, gan radio frequency devices covering the revenue growth of each sub-segment from 2018 to 2030.
The North American region has been at the forefront of technology adoption and is expected to witness a greater proliferation of GaN semiconductor devices as compared to other regions in the world. The defense & aerospace sector is anticipated to be the major driver of this regional market as this sector has been witnessing significant research and development activities.
These R&D activities are anticipated to be followed by design and production soon. The U.S. accounts for the highest market share, in North America as well as at the global level, and is expected to hold its dominant position for the next eight years.
The presence of a large number of key players in the U.S. is expected to drive the growth of the North American market. The Information & Communication Technology (ICT) sector in the region witnesses the highest demand for GaN semiconductors, which in turn is expected to propel the market growth, with an increasing focus on RF devices.
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Gallium Nitride Semiconductor Devices Market Scope
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 |
North America gallium nitride semiconductor devices market size, by country, 2018-2030 (US$M)
North America Gallium Nitride Semiconductor Devices Market Outlook Share, 2024 & 2030 (US$M)
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