New York – Nova one advisor recently added a research report, GaN-Based Power Supply Adapter market – global industry size, share analysis, market dynamics, market risk factors, market opportunities and challenges. segment forecast and the geographical distribution of the global market, profitability graph and the regional outlook of this business vertical.
The global GaN-based Power Supply Adapter market gathered revenue around USD 2.9 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 4.0% during the prediction period 2021 to 2027.
GaN-based adapters and chargers are expected to be common in 2020. Protocols of work-from-home also opened up new income streams for GaN-based power supply adapter manufacturers. Chargers and adapters for mobile game consoles, laptops, and phones are being developed by manufacturers. Multi-port adapters are projected to become more common in 2021. Growing prominence of this adapter is expected to support growth of the global GaN based power supply adapter market in the years to come.
In consumer electronics sector, GaN semiconductors are gaining immense popularity. GaN (gallium nitride) technology is seeing a revived and rejuvenated need in electric vehicle (EV) design laboratories, according to participants in the global GaN-based power supply adapter market. The European Union’s (EU) support for policy requirements relating to data centre energy management is turning into business opportunities for market participants. These factors are estimated to work in favour of the global GaN-based power supply adapter market over the analysis timeframe, from 2021 to 2027.
NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.
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The report provides rational insights along with historical and forecast data to aid in better understanding of the Global GaN-Based Power Supply Adapter Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the GaN-Based Power Supply Adapter market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.
The report includes thorough compilation of the quantitative analysis of the industry for the period of 7 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period. This study includes a widespread analysis of the key segments of the industry. This analysis sheds light in the current trends and opportunities in the global GaN-Based Power Supply Adapter market.
Highlights of the Report:
In-depth analysis of various insights, namely, GaN-Based Power Supply Adapter Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and GaN-Based Power Supply Adapter Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
Rise in Usage of GaN Powered Devices in Global Market to Offer Opportunities to GaN-based Power Supply Adapter Market
GaN devices being proposed are lateral high electron mobility transistors (HEMT) formed on GaN-on-Si substrates. The GaN based AC DC power supply market has several adapter startups playing in the wide bandgap market space; however, as of now, none of the major OEMs have adopted this technology.
Companies are looking into manufacturing and comparing the performance of normal and Gan-based power supply adapters, since the GaN-based power adapters are more reliable, offering better performance
From the past four to five years, GaN has witnessed substantial growth in the commercial market. Increasing number of vendors are now offering AC adapters based on GaN, including RAVPower, Anker, FINsix, and Made in Mind (Mu One). These factors are driving the GaN based power supply adapter market and it is expected to provide various opportunities in the market.
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The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global GaN-Based Power Supply Adapter market are included as given below:
Significant Market Participants Operational in the GaN-based Power Supply Adapter Market are: ADG, AsusTek Computer Inc., Anker Innovations Limited, Belkin International, Inc., CUI Inc., Finepower GmbH, GaN Systems, Baseus, CHARGEASAP, G-Power Technology Co., Ltd, Verizon, RAVPower, and Xiomi, among others.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Global GaN-based Power Supply Adapter Market: Segmentation
GaN-based Power Supply Adapter Market, by Power
- Less than 100W
- More than 200W
GaN-based Power Supply Adapter Market, by Application
- Computers & Laptops
- Mobile Phones & Wearables
- Consumer Electronics
- Industrial Products
The regional segmentation covers:
-North America Region (U.S., Canada, Mexico)
-Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
-Asia-Pacific Region (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
-South America Region (Brazil, Argentina, Columbia, Rest of South America)
-The Middle East & Africa Region (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
COVID-19 Impact on GaN-Based Power Supply Adapter Sales
Businesses today are operating in a dynamic environment. Earlier focus primarily concentrated on keeping pace with changing consumer preferences. COVID-19 outbreak was unprecedented and exposed vulnerabilities of various industries. Pandemic-induces obstacles also were registered in the GaN-Based Power Supply Adapter market.
Sales plummeted as COVID-19 gradually tightened its noose worldwide. Supply-chain disruptions caused massive losses, while demand took nose-dive as consumers remained indoors with affected countries implementing either partial or complete lockdown.
Gradual recovery however is on the cards with the roll out of vaccinations. Nonetheless, consecutive waves of the virus compelled businesses to stay prepared for the worst. As government and healthcare organizations successfully implement steps to contain the spread of COVID-19, industries have begun operations, albeit at a slow and more cautious pace.
Against this backdrop, Nova one advisor’s study predicts gradual recovery for the GaN-Based Power Supply Adapter market 2021 onwards. This trend will however continue through the course of the report’s assessment period
Emerging Nations to Continue Attracting Investments :
The expansion of various industries across India, China, Brazil, and other emerging countries will help the GaN-Based Power Supply Adapter market flourish. Consistent investment towards industrialization and urbanization, as well as the implementation of policies favouring foreign investment, will continue to be major growth drivers.
Expansion initiatives undertaken by various countries will aid the growth of the GaN-Based Power Supply Adapter market. Besides, the easy availability of raw materials and labours at a cheaper cost will attract an increasing number of companies within the GaN-Based Power Supply Adapter market.
Key Points of the Global GaN-Based Power Supply Adapter Market Report:
The report provides a basic overview of the GaN-Based Power Supply Adapter industry including its definition, applications, and manufacturing technology.
The report also explores the major international players in detail. In this part, the report presents the company profile, product specifications, capacity, and production value up to 2027 year along with the market shares for each company.
Through the statistical analysis, the study depicts the global market for GaN-Based Power Supply Adapter including capacity, production, production value, cost/profit, and supply/demand from an international perspective.
Considering segmentation, the market is divided in terms of product, end-use, company, region, and other important aspects. Each of these categories forms an important base point for the competitive landscape analysis.
The report then estimates the market development and trends of the GaN-Based Power Supply Adapter industry up to 2027.
The report hints at crucial information associated with new market developments being undertaken in the GaN-Based Power Supply Adapter industry before evaluating its feasibility.
Reasons to Purchase this Report:
- Estimates GaN-Based Power Supply Adapter development trends with SWOT analysis
- Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
- Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion
- Market dynamics scenario, along with growth opportunities for players in the years to come
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Final Report will add the analysis of the impact of COVID-19 on this industry.
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