News: Markets
10 June 2022
RF GaN device market growth slowed to 10% in 2021 as Huawei ends buffering of trade sanctions
Revenue growth from RF GaN-enabled devices slowed down in 2021, but still managed to increase by 10%, according to the Strategy Analytics Advanced Semiconductor Applications (ASA) and Advanced Defense Systems (ADS) report ‘RF GaN Device Market Forecast: 2021-2026’.
Base-station applications continue to be the largest source of RF GaN device revenue but this segment declined in 2021, while defense applications drove overall revenue growth in 2021, the report concludes. However, it forecasts that a return to growth from base stations, coupled with defense applications, will push total RF GaN device revenue past $2.1bn in 2026.
Picture: Projected RF GaN device revenue share (source: Strategy Analytics Advanced Semiconductor Applications service).
“The past few years have seen extraordinary growth in RF GaN device revenue in base-station applications as a result of Huawei trying to buffer the consequences of trade sanctions, but this effort has ended,” notes Eric Higham, director of the Advanced Semiconductor Applications (ASA) and Advanced Defense Systems (ADS) services. “Despite a slight drop in base-station revenue in 2021, I expect this segment will return to growth and will be a growth engine, along with expanding defense applications to power RF GaN device revenue past $2.1bn in 2026.”
