March 30, 2005 – Having achieved a worldwide device market of $3.2 billion in 2004, gallium nitride (GaN) technology continues to be one of the biggest success stories in compound semiconductors, according to Silicon Valley-based market research firm Strategies Unlimited in its Gallium Nitride 2005 – Technology Status, Applications, and Market Forecasts report.
Although high-brightness LEDs dominate the market currently, GaN-based laser diodes and electronic devices are in the early stages of market growth and will achieve substantial volumes in the next five years. The total market for all types of GaN devices is forecast at $7.2 billion in 2009.
As of early 2005, 232 companies were participating in GaN production or development, and 394 universities and research centers were involved in GaN R&D. These worldwide figures represent an increase of 26% and 35%, respectively, since the publication of Strategies Unlimited’s previous GaN report in June 2003.
Gallium Nitride 2005 is a 430-page report that addresses multiple aspects of GaN technology, including material properties, substrates, deposition, etching, contacts, packaging, and device performance. It tabulates the 725 companies, universities, research centers and government agencies involved in or supporting GaN production and R&D, and profiles 32 such organizations. In addition, the report analyzes 20 applications of GaN optoelectronic and electronic devices, and provides detailed market forecasts through 2009.
More information on the report is available from Tim Carli, sales manager, ph 650/941-3438 ext. 23, or e-mail [email protected]