Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | GaN Power Device Market Insights | Key players: Cree, Qorvo, MACOMGaN Power Device Market by Device Type (Power, RF Power), Voltage Range, Application (Power Drives, Supply & Inverter, and RF), Vertical (Telecommunications, Consumer, Automotive, Military, Defense, Aerospace), and Geography
By: Marketsandmarkets Product launch and development has been the key strategies adopted by the players to strengthen their business and gain a competitive advantage in the GaN power device market. This strategy accounted for a share of 74% of the overall growth strategies adopted by the key players between January 2014 and October 2017. The ongoing research and developments in the GaN power device space have encouraged companies to adopt this strategy. In addition to product launches and developments, the companies also focus on agreements, acquisitions, and collaborations to expand their product portfolio, sales, and distribution network. This strategy significantly increased their market shares and strengthened their position in the overall GaN power device market. These strategies collectively accounted for 26% of the overall growth strategies adopted by the key market players between January 2014 and October 2017. Download PDF Brochure @ https://www.marketsandmarkets.com/ Efficient Power Conversion Corporation (EPC) (US) manufactures enhancement- Qorvo (US) was formed in 2015 through the merger of RF Micro Devices (RFMD) (US) and TriQuint Semiconductor Inc. (US). The company is one of the leading suppliers of RF solutions with a broad product portfolio serving applications such as defense, base station, Wi-Fi customer premises equipment, optical, automotive connectivity, and smart home Internet of Things (IoT). The company is the major supplier of GaN-based products to the global defense and aerospace vertical and provides its services to the US government through contracts with the Defense Advanced Research Project Agency, the Air Force Research Laboratory, and the Office of Naval Research. The United States Department of Defense (DoD) has certified its GaN fabrication and production capabilities at Manufacturing Readiness Level 9, which is the highest in the industry. Moreover, the company is helping the industry with the ongoing 5G field trials with its current product portfolio. In 2016, the company had a remarkable growth in Wi-Fi, base station, and GaN product portfolio. Furthermore, in July 2015, the company signed a distribution agreement with Richardson RFPD (US), RFMW Ltd. (US), and Mouser Electronics (US) to market and sell its GaN-based products across the world. Speak to Analyst @ https://www.marketsandmarkets.com/ About MarketsandMarkets™ MarketsandMarkets™ Our 850 fulltime analyst and SMEs at MarketsandMarkets™ MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" Contact: Mr. Shelly Singh MarketsandMarkets™ 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 newsletter@marketsandmarkets.com End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|