Lucintel Forecasts the Global Aluminium Nitride Single Crystal Substrate Market is expected to grow with a CAGR of 7.2% from 2024 to 2030

According to a market report by Lucintel, the future of the global aluminium nitride single crystal substrate market looks promising with opportunities in the RF device, power device, and laser diode applications. The global aluminium nitride single crystal substrate market is expected to grow with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing demand for high-performance semiconductors in electronic devices and increasing adoption of gallium nitride (GaN) technology in power electronics.

A more than 150-page report to understand trends, opportunity and forecast in aluminium nitride single crystal substrate market to 2030 by type (2 inch, 3 inch, and others), application (RF device, power device, laser diode, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that 2 inch is expected to witness higher growth over the forecast period due to their applications in advanced electronics and semiconductors, demanding smaller, more efficient components.

Within this market, RF device is expected to witness highest growth due to increasing demand in a variety of applications, such as 5G communication, radar, and satellite communication.

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APAC is expected to witness highest growth over the forecast period.

Utrendtech, HEXATECH, Electronics and Materials, Xiamen Powerway Advanced Material are the major suppliers in the aluminium nitride single crystal substrate market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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