Silicon (Si) has been the dominant semiconductor material used in today’s electronics. Starting from smartphones to high frequency industrial drives used in manufacturing, silicon plays a vital role. But, the material is reaching a level of saturation owing to its limitations of operability at high temperature, high frequency, and high voltage. Hence, the semiconductor industry has been in the constant lookout for an alternative for silicon that can go the extra mile in delivering optimized performance.
Compound semiconductors, which typically comprise of a combination of various compounds from group 3 and group 5 of the periodic table have emerged in the semiconductor industry as they cater to few core areas such as high power electronics (HPE), photonics, and high-speed communication wherein silicon couldn’t create an impact. Gallium nitride (GaN) has been identified as a key semiconductor material for high power and high-frequency applications.
GaN has been the chosen material for fabrication of light-emitting diodes (LEDs) that have revolutionized the lighting industry by replacing incandescent lamps. However, GaN’s entry into the semiconductor industry is bogged down by few limitations such as manufacturing complexity and lack of compatibility with CMOS (complementary metal oxide semiconductor) fabrication and towering equipment cost, which significantly increases the price of a GaN component in comparison to silicon. Henceforth, the electronics industry is yet to observe a large scale implementation of GaN.
Frost & Sullivan estimates a high growth trend in GaNtronics technology will be driven by the emergence of 5G, electric vehicles (EVs), and microLEDs. This has pushed the global semiconductor OEMs (original equipment manufacturers) and ODMs (original design manufacturers) to venture into GaNtronics.
Although GaN has to achieve manufacturing maturity in comparison to silicon, substrate technologies such as GaN-on-Si, GaN-on-SiC (silicon carbide), GaN-on-diamond, and GaN-on-GaN are gaining traction in order to achieve rapid commercialization. Moreover, emerging trends such as circuit miniaturization and clean energy are driving innovations in GaNtronics.One of the key factors that will determine the growth of GaNtronics is the formation of a global collaborative supply chain similar to silicon in order to realize cost reduction, performance optimization, and product development. This will ensure volume production and will determine GaN’s ability to achieve price-to-performance ratio similar to that of silicon.
Strategic Imperative
Strategic Imperative (continued)
Growth Environment
The Growth Environment (Continued)
Frost Radar™: GaNtronics
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Akash Systems Inc., US
Aledia, France
Exagan, France
GaN Systems Inc., Canada
Infineon Technologies AG, Germany
Navitas Semiconductor Inc., US
NXP Semiconductors N.V., Netherlands
Plessey Semiconductors Ltd., UK
Qorvo Inc. US
Soraa Inc., US
Transphorm Inc. US
VisIC Technologies Ltd., Israel
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Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
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Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
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Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Sushrutha Katta Sadashiva |
| Industries | Electronics and Sensors |
| WIP Number | D9D4-01-00-00-00 |
| Is Prebook | No |
Frost Radar™: GaNtronics, 2020
A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines
21-Dec-2020
Global
Frost Radar
