The global GaN LED Chips market was valued at USD 1.85 billion in 2023 and is projected to reach USD 3.56 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period (2024-2030). The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global GaN LED Chips market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global GaN LED Chips market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global GaN LED Chips market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Square Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of GaN LED Chips include Cree, OSRAM, NICHIA, Toshiba, HC SemiTek Corporation, Nichia, Philips Lumileds, Toyoda Gosei and ETI, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
GaN LED Chips are semiconductors that convert electrical energy into light.
This report aims to provide a comprehensive presentation of the global market for GaN LED Chips, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding GaN LED Chips. This report contains market size and forecasts of GaN LED Chips in global, including the following market information:
Global GaN LED Chips Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global GaN LED Chips Market Sales, 2019-2024, 2025-2030, (K Units)
Global top five GaN LED Chips companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the GaN LED Chips manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global GaN LED Chips Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global GaN LED Chips Market Segment Percentages, by Type, 2023 (%)
Global GaN LED Chips Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global GaN LED Chips Market Segment Percentages, by Application, 2023 (%)
- Electric
- Transportation
- Automobile
Global GaN LED Chips Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global GaN LED Chips Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies GaN LED Chips revenues in global market, 2019-2024 (Estimated), ($ millions)
- Key companies GaN LED Chips revenues share in global market, 2023 (%)
- Key companies GaN LED Chips sales in global market, 2019-2024 (Estimated), (K Units)
- Key companies GaN LED Chips sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Cree
- OSRAM
- NICHIA
- Toshiba
- HC SemiTek Corporation
- Nichia
- Philips Lumileds
- Toyoda Gosei
- ETI
Outline of Major Chapters:
Chapter 1: Introduces the definition of GaN LED Chips, market overview.
Chapter 2: Global GaN LED Chips market size in revenue and volume.
Chapter 3: Detailed analysis of GaN LED Chips manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of GaN LED Chips in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global GaN LED Chips capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
