North America Gallium Nitride Semiconductor Devices Market Size & Outlook

The gallium nitride semiconductor devices market in North America is expected to reach a projected revenue of US$ 4,382.3 million by 2030. A compound annual growth rate of 25.9% is expected of North America gallium nitride semiconductor devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$872.8
Forecast, 2030 (US$M)
$4,382.3
CAGR, 2024 - 2030
25.9%
Report Coverage
North America

North America gallium nitride semiconductor devices market highlights

  • The North America gallium nitride semiconductor devices market generated a revenue of USD 872.8 million in 2023.
  • The market is expected to grow at a CAGR of 25.9% from 2024 to 2030.
  • In terms of segment, opto-semiconductors was the largest revenue generating product in 2023.
  • GaN Radio Frequency Devices is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 872.8 million
Market revenue in 2030USD 4,382.3 million
Growth rate25.9% (CAGR from 2023 to 2030)
Largest segmentOpto-semiconductors
Fastest growing segmentGaN Radio Frequency Devices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGaN Radio Frequency Devices, Opto-semiconductors, Power Semiconductors
Key market players worldwideSMART Global Holdings Inc, Fujitsu Ltd, Infineon Technologies AG, NexGen Energy Ltd, NXP Semiconductors NV, Qorvo Inc, Texas Instruments Inc, Toshiba Corporation


Other key industry trends

  • In terms of revenue, North America region accounted for 34.1% of the global gallium nitride semiconductor devices market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,550.0 million by 2030.

Opto-semiconductors was the largest segment with a revenue share of 40.78% in 2023. Horizon Databook has segmented the North America gallium nitride semiconductor devices market based on gan radio frequency devices, opto-semiconductors, power semiconductors covering the revenue growth of each sub-segment from 2018 to 2030.


The North American region has been at the forefront of technology adoption and is expected to witness a greater proliferation of GaN semiconductor devices as compared to other regions in the world. The defense & aerospace sector is anticipated to be the major driver of this regional market as this sector has been witnessing significant research and development activities.

These R&D activities are anticipated to be followed by design and production soon. The U.S. accounts for the highest market share, in North America as well as at the global level, and is expected to hold its dominant position for the next eight years. 

The presence of a large number of key players in the U.S. is expected to drive the growth of the North American market. The Information & Communication Technology (ICT) sector in the region witnesses the highest demand for GaN semiconductors, which in turn is expected to propel the market growth, with an increasing focus on RF devices. 

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North America gallium nitride semiconductor devices market size, by country, 2018-2030 (US$M)

North America Gallium Nitride Semiconductor Devices Market Outlook Share, 2023 & 2030 (US$M)

North America gallium nitride semiconductor devices market size, by country, 2018-2030 (US$M)

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