RF GaN market growth to accelerate to over $1.7bn in 2023: SEDI, Wolfspeed and Qorvo to benefit

Revenue from RF gallium nitride (GaN)-enabled devices grew nearly 22% in 2018 and will accelerate, surpassing $1.7bn in 2023, forecasts the Strategy Analytics Advanced Semiconductor Applications (ASA) report ‘RF GaN Market Forecast: 2018 - 2023 (Data Tables)’. The drivers for this growth will be the continuing deployments of 4G and emerging 5G base-stations, along with a variety of defense applications.

“Base stations represent the largest source of GaN revenue,” notes Eric Higham, director of the Advanced Semiconductor Applications (ASA) service and the Advanced Defense Systems (ADS) service. “Trade tensions between the US and China remains a wildcard, but Sumitomo Electric Device Innovations and Wolfspeed will remain the dominant GaN suppliers for base-station applications,” he adds. “The defense market, primarily radar and communications applications, is seeing strong growth from new systems and major platform upgrades. This is also providing fuel for the GaN growth engine and should bode well for companies like Qorvo and Wolfspeed.”

Tags: GaN RF

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