According to research firm, Strategy Analytics the revenue from RF GaN devices increased by more than 23 percent in 2016.
This growth trajectory for RF GaN devices is expected to continue in 2017 with the fast growth in defense applications, particularly radar, communications and EW, which will compensate the expected flattening of the wireless infrastructure segment. The Strategy Analytics Strategic Component Applications (SCA) group report, “RF GaN Market Update: 2016 - 2021,” estimates revenue for RF GaN devices will grow at a CAAGR (compound annual average growth rate) of 14.1% to reach $733.0 million in 2021.
LTE base station deployments in China have been the obvious growth driver for RF GaN revenue these past three years. As this activity winds down, infrastructure will remain a large and important segment, but the industry will need to position to take advantage of other applications and emerging 5G opportunities for growth.
Click here to download the GaN Market Update.