High Electron Mobility Transistor Industry

The global high electron mobility transistor market size is estimated to reach USD 9.93 billion by 2030, expanding at a CAGR of 7.8% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The market growth is driven by increasing consumer demand for high-frequency electronics, such as satellite TV receivers, cell phones, and radar systems. High electron mobility transistors (HEMTs), designed for millimeter-wavelength frequencies, play a pivotal role in enabling the performance and efficiency of these technologies. An increasing number of semiconductor companies using HEMTs for various devices is another major factor driving market growth. For instance, in August 2023, ROHM Co. Ltd., a power semiconductor manufacturer, introduced EcoGaN power-stage ICs named BM3G0xxMUV-LB series with gate driver & built-in 650V gallium nitride (GaN) HEMT.

These ICs were optimized for inside industrial applications, such as office automation devices & data servers, and primary power supplies, including AC-DC and PFC circuits, and other consumer applications, such as AC adapters, home appliances, PCs, refrigerators, TVs, and air-conditioners. The globalization of markets and expansion of wireless communication networks worldwide are driving the demand for HEMTs, as they are pivotal in enhancing signal strength and data transmission capabilities in mobile devices & telecommunications infrastructure. The industry is poised for sustained growth, riding the wave of technological advancements and need for high-frequency, high-performance electronics across multiple sectors.

Furthermore, a rise in investments and developments of HEMT devices, along with rapid technological advancements, support industry growth. The COVID-19 pandemic had a notable impact on the market growth. In the initial phases, disruptions in the global supply chain, including semiconductor manufacturing, led to delays in production and affected the availability of HEMTs. However, as the pandemic accelerated the need for remote work, online education, and telemedicine; the demand for high-frequency electronics and communication equipment, where HEMTs play a crucial role, surged significantly. This unexpected rise in demand for consumer electronics and data communication equipment helped mitigate the early setbacks, ultimately contributing to the market's resilience and adapting to the challenges posed by the pandemic.

Gather more insights about the market drivers, restrains and growth of the Global High Electron Mobility Transistor market

High Electron Mobility Transistor Market Segments Highlights:

  • The GaN segment dominated the market in 2022 due to the ability of GaN HEMTs to operate at higher frequencies and power levels while maintaining high efficiency, making them ideal for high-frequency and high-power applications
  • The consumer electronics segment dominated the market in 2022. HEMTs are compact and lightweight, which is crucial for portable consumer devices. Thus, making HEMTs crucial in the consumer electronics segment
  • Asia Pacific dominated the global market in 2022 since particular countries, such as Japan, South Korea, Taiwan, and China, have been leading manufacturing hubs for semiconductors, including HEMTs
  • This has allowed for cost-effective production and a strong supply chain in the region

High Electron Mobility Transistor Market Report Segmentation

Grand View Research has segmented the global high electron mobility transistor market based on type, end-use, and region:

High Electron Mobility Transistor Type Outlook (Revenue, USD Billion, 2017 - 2030)

  • Gallium Nitride (GaN)
  • Silicon Carbide (SiC)
  • Gallium Arsenide (GaAs)
  • Others

High Electron Mobility Transistor End-use Outlook (Revenue, USD Billion, 2017 - 2030)

  • Consumer Electronics
  • Automotive
  • Industrial
  • Aerospace & Defense
  • Others

High Electron Mobility Transistor Regional Outlook (Revenue, USD Billion, 2017 - 2030)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • The Kingdom of Saudi Arabia (KSA)
    • UAE
    • South Africa

Key High Electron Mobility Transistor Company Insights

  • Qorvo
  • Infineon Technologies AG
  • Mouser Electronics, Inc.
  • MACOM
  • Wolfspeed
  • RFHIC Corporation
  • ST Microelectronics
  • Texas Instruments
  • Sumitomo Electric Industries, Ltd.
  • Analog Devices, Inc.

Order a free sample PDF of the High Electron Mobility Transistor Market Intelligence Study, published by Grand View Research.