The Market Reports

Synopsis
The global market for GaN Modules was estimated to be worth US$ 3.8 million in 2024 and is forecast to a readjusted size of US$ 145 million by 2031 with a CAGR of 59.0% during the forecast period 2025-2031.

Like SiC (silicon carbide), GaN (gallium nitride) is a next-generation semiconductor material that is coming into the spotlight and finding a growing range of practical uses as a substitute for Si (silicon)—the longstanding mainstream of semiconductor materials. GaN is notable for superior switching performance. Its two most outstanding features, higher switching frequency and higher efficiency, combine to yield substantially reduced power losses. In addition to making it easy to reduce the size and increase the efficiency of power supply and motor drive circuits, as well as power converter and inverter systems, GaN is also attractive because it enables lower device production costs than SiC.

This report studies the GaN Modules, include GaN power modules and GaN IPM.
The typical products of GaN power modules include Infineon (GaN Systems) 650V 150A Full-Bridge Module and 650V 300A 3-Phase GaN Power Module.

The typical products of GaN IPM include Texas Instruments (TI)’s DRV7308.
Currently the GaN modules are in the stage of development, sample and promotion.

The global Power GaN Device market was valued at US$ 341.3 million in 2024 and is anticipated to reach US$ 3002.7 million by 2035, witnessing a CAGR of 21.01% during the forecast period 2025-2035.

Currently the GaN modules are in the stage of development, sample and promotion. According to our research, the global GaN Modules market was valued at US$ 3.76 million in 2024 and is anticipated to reach US$ 396 million by 2035, witnessing a CAGR of 46.05% during the forecast period 2025-2035.

According to our research, only Texas Instruments (TI) has started mass production of GaN Modules from 2024. Other manufacturers are currently in the stage of development, sample and promotion.

Currently The key manufacturers of GaN Modules include Texas Instruments (TI) , Kyocera AVX, QPT, Infineon (GaN Systems), Mitsubishi Electric (Vincotech), Fujitsu General Electronics Limited, Sensitron Semiconductor, and VisIC Technologies, etc.

GaN power devices have grown rapidly in recent years, and a large number of companies have gradually entered the industry. It is expected that GaN power devices market share will further increase in the next few years. At present, GaN power devices are dominated by Power Integrations, Inc., Navitas Semiconductor, Infineon (GaN Systems), Efficient Power Conversion Corporation (EPC), Innoscience, and Renesas Electronics (Transphorm), among which Innoscience is the world's largest GaN power device manufacturer.

In the next few years, GaN modules are expected to grow rapidly, with broad development potential in the fields of motor control, photovoltaic inverters, new energy vehicles, home appliances, UPS/servers, etc.

This report aims to provide a comprehensive presentation of the global market for GaN Modules, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of GaN Modules by region & country, by Type, and by Application.

The GaN Modules market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Modules.

Market Segmentation

By Company

• Texas Instruments (TI)
• Kyocera AVX
• QPT
• Infineon (GaN Systems)
• Mitsubishi Electric (Vincotech)
• Fujitsu General Electronics Limited
• Sensitron Semiconductor
• NJSM Electronics
• VisIC Technologies
• X-IPM Technology

Segment by Type

• GaN Power Module
• GaN Intelligent Power Module (IPM)

Segment by Application

• Home Appliances/Consumer
• Servers/UPS
• Solar Inverters
• Motor Drives
• Electric Vehicles (EVs)
• HVAC
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.