GaN powered Chargers Market Share

• The extensive utilization of GaN powered chargers in various end use industries is driving the market growth

The widespread use of GaN powered chargers in numerous end use sectors is now driving the market. For instance, electric vehicles (EVs) and hybrid electric vehicles (HEVs) employ it in the lighting and brake control systems. Global sales of EVs and HEVs are increasing as a result of governments in numerous nations enacting strict regulations on greenhouse gas (GHG) emissions. Additionally, they are encouraging people to use energy-efficient technology, which is increasing the demand for GaN powered chargers in the defence and aerospace sectors.

In radars, these components are also used to improve navigation, prevent collisions, and enable real-time air traffic control. In order to improve surgical precision, they are also used in the production of medical scanning devices including sonograms, MRIs, and miniature X-ray machines. Additionally, they are employed in distributed antenna systems (DAS), tiny cells, and the densification of remote radio head networks. In addition, it is anticipated that in the upcoming years, manufacturers would benefit from the growing usage of internet of things (IoT) technology and the advent of 5G technology.

The market for GaN-powered chargers is driven by the need for quick charging options that produce less heat and lessen the possibility of overcharging. The market for GaN-powered chargers is anticipated to grow as a result of the rising use of contemporary chargers, which feature monitoring systems across numerous end-use sectors. Industry growth has been fueled by the need for fast charging for the telecommunications sectors while maintaining all power capabilities and safety norms.

Additionally, it is anticipated that throughout the forecast period, the integration of technologies such as Internet of Things (IoT), artificial intelligence (AI), machine learning, and others would hasten the total market advancement. The growing demand for these chargers across various industries is also expected to contribute to the market's rapid expansion. During the projection period, the market's growth rate will be further boosted by the spike in demand for energy-efficient and quick charging devices.

Gallium nitride (GaN) powered chargers are expected to experience continued rapid growth over the course of the projection period thanks to the development of tiny GaN-powered chargers that can be integrated with small electronics devices. Additionally, industry participants are focusing on R&D activities to expand GaN technology and introduce more potent goods. Consumer electronics device manufacturers are entering into long-term agreements with manufacturers of GaN-powered chargers in order to maintain or increase their market position in the global market. Thus, driving the GaN-powered Chargers market revenue.

The Global GaN-powered Chargers Market Industry is closely tied to the growth of the consumer electronics market. As the demand for high-performance devices continues to rise, manufacturers are increasingly adopting GaN technology to meet consumer expectations for faster and more efficient charging solutions. The proliferation of smart devices, including wearables and IoT gadgets, further fuels this trend. The market's expansion is indicative of a broader shift towards advanced charging technologies, with projections suggesting a robust growth trajectory. The increasing integration of GaN chargers in consumer electronics is likely to play a pivotal role in shaping the industry's future.

The Global GaN-powered Chargers Market Industry aligns with the growing emphasis on environmental sustainability. GaN chargers are known for their energy efficiency, which contributes to reduced carbon footprints compared to conventional chargers. As global awareness of climate change increases, consumers and businesses are increasingly prioritizing eco-friendly products. This shift is evident in the rising demand for GaN technology, which not only offers faster charging but also minimizes energy waste. The market's potential for growth is underscored by the projected CAGR of 24.78% from 2025 to 2035, reflecting a broader trend towards sustainable technology solutions in the electronics sector.

The Global GaN-powered Chargers Market Industry experiences a notable surge in demand for fast charging solutions, driven by the increasing reliance on portable electronic devices. As consumers seek efficient charging options for smartphones, laptops, and tablets, GaN technology offers a compelling advantage due to its ability to deliver higher power levels in a compact form. This trend is reflected in the projected market value of 1 USD Billion in 2024, highlighting the industry's rapid growth. The efficiency of GaN chargers, which can charge devices up to three times faster than traditional silicon-based chargers, positions them as a preferred choice among consumers and manufacturers alike.

The Global GaN-powered Chargers Market Industry is significantly influenced by the expansion of electric vehicle (EV) charging infrastructure. As governments worldwide implement policies to promote electric mobility, the demand for efficient charging solutions rises. GaN technology, with its ability to handle high power levels and compact design, is well-suited for EV chargers. This trend is further supported by investments in charging networks, which are expected to proliferate in urban and suburban areas. The integration of GaN chargers into EV infrastructure not only enhances charging speed but also supports the transition to sustainable transportation, thereby driving market growth.

The Global GaN-powered Chargers Market Industry benefits from continuous advancements in semiconductor materials, particularly gallium nitride. This material exhibits superior thermal conductivity and efficiency compared to traditional silicon, enabling the development of smaller and more powerful chargers. As manufacturers invest in research and development, the performance of GaN chargers improves, leading to increased adoption across various sectors. The anticipated growth trajectory suggests that by 2035, the market could reach a valuation of 11.4 USD Billion, driven by innovations that enhance charging speed and reduce energy loss. This technological evolution is crucial for meeting the demands of modern electronics.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America GaN-powered Chargers Market dominated this market in 2022 (45.80%). This is because some of the top suppliers and manufacturers are well-represented in the area. This can be attributed to the rise in demand for GaN-powered chargers for a variety of applications, including wireless charging, autonomous robotics, computers, notebooks, smartphones, and tablets. Further, the U.S. GaN-powered Chargers market held the largest market share, and the Canada GaN-powered Chargers market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: GAN-POWERED CHARGERS MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe GaN-powered Chargers market accounted for the healthy market share in 2022. Application in many end-use areas is accelerating due to technological advancements in GaN semiconductor devices. A growing emphasis on various radio frequency (RF) and wireless applications will also help the market grow. One of the key developments in Europe is the rising demand for GaN in wireless devices. Further, the German GaN-powered Chargers market held the largest market share, and the U.K GaN-powered Chargers market was the fastest growing market in the European region

The Asia Pacific GaN-powered Chargers market is expected to register significant growth from 2023 to 2032. In developing nations like China, there is a growing market for high-tech GaN-powered charger items like the Dual USB-C PD GaN Wall Charger, controllers, and chargers, which is opening up profitable expansion prospects. Due to the large number of Tier II and Tier III manufacturers in East Asia, the automotive and telecom industries are expanding quickly. As a result, there will likely be a rise in the demand for GaN-powered chargers in the area.

Moreover, China’s GaN-powered Chargers market held the largest market share, and the Indian GaN-powered Chargers market was the fastest growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the GaN-powered Chargers market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, GaN-powered Chargers Industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global GaN-powered Chargers Industry to benefit clients and increase the market sector. In recent years, the GaN-powered Chargers Industry has offered some of the most significant advantages to medicine.

Major players in the GaN-powered Chargers market, including Fujitsu, Toshiba Corporation, Texas Instruments Incorporated, Cree LED, Aixtron, Mitsubishi Chemical Corporation, Eaton, Siemens, Belkin International, Inc., Aukey, Gizmochina, VisIC Technologies, Koninklijke Philips N.V., VINA International Holdings LTD., GaN Systems Inc., Epigan NV, and Navitas Semiconductor Ltd., are attempting to increase market demand by investing in research and development operations.

Baseus is a manufacturer and owner of a consumer electronics brand that aims to offer consumers straightforward, cost-effective, and useful gadgets. The company's brand is focused on giving consumers with affordable and useful electronics solutions by delivering them high-quality items with premium feel and application cases for various lifestyles. Baseus introduced new Gallium Nitride (GaN) Series 120W charging heads in November 2020, with outputs of 45W, 65W, and 120W. Additionally, the business led the charging sector by introducing the first 65W triple-port quick charging plug. The 120W new Gallium Nitride (GaN) Series is primarily made for 100W 20V/5A laptop charging.

Additionally, it supports rapid charging on two laptops at once, including MacBook, Dell, HP, Lenovo, and others.

A multifaceted company with interests in electronics, electrical equipment, and information technology is Toshiba Corp (Toshiba). Storage devices, point-of-sale (POS) systems, energy-saving goods and services, semiconductors, microwave semiconductors and components, tablets, home appliance products, power systems, transmission and distribution systems, and water treatment systems are among the products it designs, develops, manufactures, and sells.

It provides building and facility technologies, digital solutions, building solutions for power systems, and other solutions for social infrastructure, including steam turbines for thermal power plants, wind and nuclear power generation systems, hydroelectric, secondary batteries, and energy supply systems, as well as lighting, air conditioning, and lift systems. The corporation conducts business throughout the Americas, Europe, the Middle East, Asia-Pacific, and Africa. The headquarters of Toshiba are in Minato-ku, Tokyo, Japan.