What Fueled The Previous Growth In The GaN-Based Power Supply Adapter Market?
The gan-based power supply adapter market has seen considerable growth due to a variety of factors.
• The GaN-based power supply adapter market has grown strongly in recent years. It will increase from $1.03 billion in 2024 to $1.1 billion in 2025, at a compound annual growth rate (CAGR) of 7.0%.
This growth is driven by the demand for compact and lightweight power adapters, the rise in renewable energy adoption, government regulations promoting energy-efficient technologies, increasing consumer demand for faster charging times, and the rise in smart home devices.
How Does the Forecast Look for the GaN-Based Power Supply Adapter Market?
The gan-based power supply adapter market is expected to maintain its strong growth trajectory in upcoming years.
• The GaN-based power supply adapter market is projected to grow to $1.43 billion by 2029, with a CAGR of 6.7%.
The growth is attributed to the increasing demand for energy-efficient power devices, multi-port chargers, fast charging adapters, and the growing use of power-intensive electronics. Key trends will include technological advancements, the rise of 5G technology, and the expansion of IoT devices, smart homes, and wearables.
What Are The Leading Drivers Of Growth In The GaN-Based Power Supply Adapter Market?
The rising demand for electric vehicle (EV) charging stations is expected to drive the expansion of the GaN-based power supply adapter market. EV charging stations, where electric vehicles recharge their batteries, are becoming more common due to increased EV sales, more vehicle models, urbanization, corporate fleet adoption, and stricter environmental regulations. GaN-based power adapters improve EV charger performance with higher efficiency, compactness, fast charging, thermal management, and long-term reliability, leading to better performance and reduced operational costs. For example, according to the Department of Energy Alternative Fuels Data Center, the number of EV charging ports in the US grew from 151,273 in 2022 to 184,098 in 2023. This growth is fueling the GaN-based power supply adapter market.
How Are The Segments Defined Within The Global GaN-Based Power Supply Adapter Market?
The GaN-based power supply adapter market covered in this report is segmented –
1) By Type: Less Than 100W, 100-160W, 160-200, More Than 200W
2) By Port: 1 Port Power Charger, 2 Port Power Charger, MultiPort Power Charger
3) By Application: Computers And Laptops, Mobile Phones And Wearables, Other Consumer Electronics, Automotive, Industrial Products, Other Applications
Subsegments:
1) By Less Than 100W: Compact Gan Power Adapters For Mobile Devices, Small Gan Chargers For Laptops And Tablets, Usb-C Gan Adapters For Personal Electronics
2) By 100-160w: Gan Power Adapters For Laptops And Gaming Laptops, Gan Power Supplies For Consumer Electronics, Medium-Power Gan Adapters For Audio Or video Equipment
3) By 160-200w: Gan Power Adapters For High-Power Laptops, Gan Power Supplies For Electric Tools And Appliances, Mid-Power Gan Adapters For Networking Equipment
4) By More Than 200w: High-Power Gan Adapters For Servers And Data Centers, Gan Power Supplies For Industrial Equipment, Gan Chargers For Electric Vehicles (EVS) And High-Power Electronics
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What Emerging Trends Are Influencing The Growth Of The GaN-Based Power Supply Adapter Market?
In the GaN-based power supply adapters market, companies are creating advanced solutions, like GaN-based notebook adapters, to deliver high efficiency and performance in powering portable devices. For example, in August 2023, Infineon Technologies, in collaboration with Chicony Power Tech, launched GaN-based PD3.1 notebook adapters, which offer up to 240 watts of power, significantly improving power density and reducing energy loss.
Who Are the Key Players In The GaN-Based Power Supply Adapter Market?
Major companies operating in the GaN-based power supply adapter market are:
• Sumida Corporation
• Verizon Communications Inc.
• Xiaomi Corporation
• Navitas Semiconductor
• Arrow Electronics Inc.
• Texas Instruments Incorporated
• AsusTek Computer Inc.
• Infineon Technologies AG
• Analog Devices Inc.
• Nexperia BV
• Digi-Key Electronics
• Chicony Power Technology Co. Ltd.
• Power Integrations
• Belkin International Inc.
• GaN Systems Inc.
• Weltrend Semiconductor Inc.
• CUI Global Inc.
• Yole Group
• Transphorm Inc.
• Baseus
• Efficient Power Conversion Corporation
• RAVPower
• VisIC Technologies Ltd.
• Finepower GmbH
• Anker Innovations Limited
• Chargeasap Pvt Ltd.
• Innoscience Technology
What Is The Most Dominant Region In The GaN-Based Power Supply Adapter Market?
North America was the largest region in the GaN-based power supply adapter market in 2023. The regions covered in the GaN-based power supply adapter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
