How big is the RF GaN Market?

The RF GaN Market size is expected to reach USD 1.70 billion in 2024 and grow at a CAGR of 18.76% to reach USD 4.03 billion by 2029. Read More

What is the current RF GaN Market size?

In 2024, the RF GaN Market size is expected to reach USD 1.70 billion. Read More

Who are the key players in RF GaN Market?

Mitsubishi Electric Corporation, STMicroelectronics NV, Qorvo Inc., Analog Devices Inc. and Raytheon Technologies are the major companies operating in the RF GaN Market. Read More

Which is the fastest growing region in RF GaN Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in RF GaN Market?

In 2024, the North America accounts for the largest market share in RF GaN Market. Read More

What years does this RF GaN Market cover, and what was the market size in 2023?

In 2023, the RF GaN Market size was estimated at USD 1.43 billion. The report covers the RF GaN Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the RF GaN Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

RF GaN Market Share

Statistics for the 2023 & 2024 RF GaN market share, created by Mordor Intelligence™ Industry Reports. RF GaN share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of RF GaN Industry

The competitive rivalry among the players in the RF GaN market is high owing to the presence of some key players such as Raytheon Technologies, STM microelectronics, amongst others. Their ability to continually innovate their offerings has allowed them to gain a competitive advantage over other players. Through research and development, strategic partnerships, and mergers and acquisitions, these players have been able to gain a strong foothold in the market.

In June 2022, Qorvo, a prominent provider of innovative RF solutions that connect the world, was selected by the US Department of Defense (DoD) to proceed with the Advanced Integration Interconnection and Fabrication Growth for Domestic State-of-the-Art (SOTA) RF GaN program, also known as STARRY NITE, as part of the Office of Undersecretary of Defense Research & Engineering's (OUSD R&E) microelectronics roadmap. The program seeks to develop and mature domestic, open SOTA RF GaN foundries in alignment with the DoD's advanced packaging ecosystem.

In May 2022, STMicroelectronics and MACOM Technology Solutions Holdings Inc., a significant supplier of semiconductor products for the industrial, telecommunications, defense, and data center industries, announced the successful production of RF Gan on Silicon (RF Gan-on-Si) prototypes. With this achievement, ST and MACOM would continue to work together and enhance their relationship.