Core Insights - Gallium Nitride (GaN) has emerged as one of the most disruptive semiconductor technologies in the past decade, with a projected market size of $3 billion by 2030 [2] - The consumer and mobile sectors are expected to account for over 50% of the power GaN device market by 2030, driven by rapid charger adoption [2] - The automotive market is anticipated to be the next wave of expansion, with a projected compound annual growth rate (CAGR) of up to 73% from 2024 to 2030 [2] - Data centers are seeking energy-efficient solutions, with NVIDIA collaborating with wide bandgap chip manufacturers to integrate SiC and GaN technologies into their HVDC power systems [3] - The power GaN ecosystem is entering a decisive phase of consolidation and expansion, highlighted by significant acquisitions such as Infineon's $830 million acquisition of GaN Systems [6] Market Trends - The automotive and mobility sectors are expected to see significant growth, with GaN devices being widely used in LiDAR systems and on-board chargers [2] - The telecommunications market is projected to grow at an impressive CAGR of 53% from 2024 to 2030, driven by the adoption of GaN technology [3] - Innoscience is expected to maintain market leadership with a projected market share of 30% in 2024, supported by design orders in various sectors [6] Company Developments - Renesas Electronics, through its subsidiary Transphorm, is expected to achieve GaN revenue exceeding $100 million by 2026 [9] - Infineon is solidifying its position in the GaN space through its CoolGaN™ products and the acquisition of GaN Systems, while also collaborating with NVIDIA on a pilot production line [9] - Navitas is expanding its business from consumer markets to high-power markets, leveraging its GaNSafe technology [9] - EPC is innovating with a broad e-mode product portfolio, reinforcing its position as a key low-voltage GaN supplier [10] Competitive Landscape - Foundries are playing a crucial role in the GaN ecosystem, with companies like Polar Semi and PSMC entering the competition [10] - GlobalFoundries, X-FAB, and Vanguard are expanding their GaN product offerings, while Samsung is preparing to launch GaN products in 2026 [10] - Onsemi is expected to enter the GaN market soon, supported by its strong position in silicon and SiC [10]