GaN Substrates Market to over $4 billion by 2020 GaN Substrates Market to over $4 billion by 2020 | Page 10

To Enquire About the Report Click Here KEY INSIGHTS  Epitaxial layers grown substrates are forecast to dominate the market till 2020.  By 2018, the production of 6-inch bulk substrates is estimated to begin and 4-inch substrates are estimated to constitute 2.5% of the overall bulk substrates market volume.  European players lag behind in the global market their counterparts from China, Japan owing to the tough procedure for setting up, listing and exchange of shares of the parent company.  70% of the sapphire producers are located in Asia-Pacific.  China production trends and economy will govern the market significantly.  Internet of Things and Electric Vehicles are huge opportunity for GaN power electronic devices.  With cheaper prices, China dominates the market, but companies are experiencing major loss of margins.  Sapphire Substrate players are estimated to venture in U.S compared to China for gaining profits.