— Revenue Growth in Commercial and Military Segments will Boost Cree, Sumitomo Electric, Qorvo, Raytheon and Northrop Grumman
BOSTON, Feb. 2, 2015 /PRNewswire/ — While military applications continue to experience strong growth in GaN device usage, commercial applications for the technology are finally seeing widespread adoption. The recently released Strategy Analytics Advanced Semiconductor Applications (ASA) spreadsheet model, Forecast and Outlook report, "GaN RF Market Update: 2014 – 2019", forecasts double-digit revenue growth for GaN RF devices in both military and commercial applications.
Click here for the report: http://bit.ly/1yFtfWg
The report concludes:
- Military applications accounted for slightly less than 50 percent of the total GaN RF device revenue in 2014, but strong growth in all areas, particularly the communications segment will propel this to 60 percent market share in 2019.
- The biggest uptick in commercial adoption in 2014 came from wireless infrastructure. This will remain the largest commercial segment, but decreasing LTE macrocell deployments in China and a shift to small cell architectures will dampen the revenue growth rate.
- Revenue growth in both commercial and military applications will push RF GaN device revenue to nearly $560 million in 2019.
Eric Higham, Service Director, Advanced Semiconductor Applications commented: "It is an interesting time in the GaN RF device market. Wireless and CATV/broadband infrastructure PA applications have taken root and we are seeing initial adoption in other commercial applications. Price reduction is still a central theme and some initiatives could prove to be very disruptive in the future."
Asif Anwar, Director in the Strategic Technologies Practice added: "Military applications for RF GaN devices are expanding quickly. We anticipate broad adoption of GaN RF devices in radar, communications and EW applications will fuel impressive revenue growth."
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