Wafer Foundry Market size was valued at US$
1.78 billion in 2024 and is projected to reach US$ 3.12 billion by 2032, at a CAGR of 8.2% during the forecast period 2025-2032
Report Studies
• The global GaN Wafer Foundry Market size was valued at US$ 1.78 billion in 2024 and is projected to reach US$ 3.12 billion by 2032, at a CAGR of 8.2% during the forecast period 2025-2032. This growth trajectory reflects the increasing adoption of gallium nitride (GaN) technology across power electronics and radio frequency applications.
• GaN wafer foundries specialize in manufacturing semiconductor wafers using gallium nitride, a wide bandgap material offering superior performance over traditional silicon in high-power, high-frequency applications. These foundries enable the production of advanced power devices, RF components, and optoelectronic systems through two primary business models: pure-play foundries that manufacture for third parties and IDM (Integrated Device Manufacturer) foundries that design and produce their own GaN devices.
By Type:
• The market is segmented based on type into:
• Pure-play Foundry
• Subtypes: 150mm, 200mm, and others
• IDM Foundry
• Subtypes: Vertical integration, hybrid models
By Application:
• The market is segmented based on application into:
• Consumer Electronics
• Subtypes: Power adapters, fast chargers
• Industrial
• Automotive
• Subtypes: EV charging, power modules
• High Performance Computing
• Others
• Samsung Foundry (South Korea)
• United Microelectronics Corporation (UMC) (Taiwan)
• Sanan Optoelectronics (SANAN) (China)
• SixPoint Materials (U.S.)
• GlobalFoundries (U.S.)
• Semiconductor Manufacturing International Corporation (SMIC) (China)
