YG PRESS NEWS – RF GaN industry: towards new opportunities in 2024?

Product Related

Fueled by the defense and telecom infrastructure sectors, the RF GaN market is poised to surpass US$2 billion by 2029.

  •  The RF GaN market is expected to regain momentum slowly in 2024 and exceed US$2 billion by 2029.
  • GaN on Si’s recent introduction to telecom infrastructure will directly impact the industry from 2023 onward and may bring new market opportunities.
  • With a weakened and changing RF GaN market, how is the industry reshaping itself and evolving?

According to Yole Intelligence, part of Yole Group, in the RF GaN Compound Semiconductor Market Monitor Q1 2024, despite subdued demand within the 5G telecom infrastructure sector throughout 2023, RF GaN steadily outperforms LDMOS, buoyed by consistent growth in the Defense and Satcom markets. Foreseeing a resurgence, we anticipate gradual momentum regain for the RF GaN market in 2024, surpassing US$2 billion by 2029, driven by telecom infrastructure, defense, and Satcom applications. MACOM’s recent acquisitions of OMMIC and Wolfspeed’s RF Business not only fortify its market presence but also reshape the RF GaN industry landscape, positioning Wolfspeed as a premier supplier of pure SiC wafers and GaN-on-SiC epiwafers, thus impacting the open epiwafer market… For more information about this analysis, please contact us!

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