The North America High Electron Mobility Transistor Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030).
Magnetic resonance imaging (MRI) machines rely on HEMTs for their ability to rapidly process signals. HEMTs contribute to the efficient functioning of the radiofrequency (RF) components in MRI systems, enabling the generation of detailed and high-resolution images of internal body structures. In CT scanners, where quick signal processing is essential for creating detailed cross-sectional images, HEMTs amplify and process signals. This contributes to the rapid acquisition of images, allowing for swift and accurate diagnostic assessments. HEMTs are integrated into signal chains of medical imaging devices to amplify weak signals generated by the body's response to applied stimuli. This signal amplification is crucial for improving the signal-to-noise ratio and enhancing the clarity and accuracy of diagnostic images.
Furthermore, in scientific research, HEMTs find applications in high-frequency instruments and particle detectors. Their ability to operate at microwave and millimeter-wave frequencies makes them invaluable for researchers conducting experiments that require precise and rapid signal processing. HEMTs are crucial in developing high-frequency signal generators used in scientific research. These instruments are essential for generating precise and stable signals at frequencies that are often beyond the capability of conventional transistors. The high-speed operation of HEMTs contributes to the efficient processing of signals in these generators.
As per the data from the Government of Canada, 5G networks will become a crucial component of Canada’s critical infrastructure over the next few years. This means Canadian telecommunications service providers will invest approximately $26 billion in Canadian networks by 2026. The growth of 5G networks in North America will boost the demand for IoT and other internet-connected devices. Therefore, this will help expand the market in the region since they are used in producing these devices.
The US market dominated the North America High Electron Mobility Transistor Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,907.5 Million by 2030. The Canada market is exhibiting a CAGR of 9% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 8.1% during (2023 - 2030).
Based on Type, the market is segmented into Gallium Nitride (GaN), Silicon Carbide (SiC), Gallium Arsenide (GaAs), and Others. Based on End-Use, the market is segmented into Consumer Electronics, Automotive, Industrial, Aerospace & Defense, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The High Electron Mobility Transistor Market is Predict to reach $9.4 Billion by 2030, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Qorvo, Inc., Infineon Technologies AG, MACOM Technology Solutions Holdings, Inc., WOLFSPEED, INC., Texas Instruments, Inc., Sumitomo Electric Industries, Ltd., Analog Devices, Inc., Intel Corporation, NXP Semiconductors N.V., Mitsubishi Electric Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Gallium Nitride (GaN)
- Silicon Carbide (SiC)
- Gallium Arsenide (GaAs)
- Others
By End-Use
- Consumer Electronics
- Automotive
- Industrial
- Aerospace & Defense
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Qorvo, Inc.
- Infineon Technologies AG
- MACOM Technology Solutions Holdings, Inc.
- WOLFSPEED, INC.
- Texas Instruments, Inc.
- Sumitomo Electric Industries, Ltd.
- Analog Devices, Inc.
- Intel Corporation
- NXP Semiconductors N.V.
- Mitsubishi Electric Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America High Electron Mobility Transistor Market, by Type
1.4.2 North America High Electron Mobility Transistor Market, by End-Use
1.4.3 North America High Electron Mobility Transistor Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. North America High Electron Mobility Transistor Market, by Type
4.1 North America Gallium Nitride (GaN) Market, by Country
4.2 North America Silicon Carbide (SiC) Market, by Country
4.3 North America Gallium Arsenide (GaAs) Market, by Country
4.4 North America Others Market, by Country
Chapter 5. North America High Electron Mobility Transistor Market, by End-Use
5.1 North America Consumer Electronics Market, by Country
5.2 North America Automotive Market, by Country
5.3 North America Industrial Market, by Country
5.4 North America Aerospace & Defense Market, by Country
5.5 North America Others Market, by Country
Chapter 6. North America High Electron Mobility Transistor Market, by Country
6.1 US High Electron Mobility Transistor Market
6.1.1 US High Electron Mobility Transistor Market, by Type
6.1.2 US High Electron Mobility Transistor Market, by End-Use
6.2 Canada High Electron Mobility Transistor Market
6.2.1 Canada High Electron Mobility Transistor Market, by Type
6.2.2 Canada High Electron Mobility Transistor Market, by End-Use
6.3 Mexico High Electron Mobility Transistor Market
6.3.1 Mexico High Electron Mobility Transistor Market, by Type
6.3.2 Mexico High Electron Mobility Transistor Market, by End-Use
6.4 Rest of North America High Electron Mobility Transistor Market
6.4.1 Rest of North America High Electron Mobility Transistor Market, by Type
6.4.2 Rest of North America High Electron Mobility Transistor Market, by End-Use
Chapter 7. Company Profiles
7.1 Qorvo, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Infineon Technologies AG
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.2.6 SWOT Analysis
7.3 MACOM Technology Solutions Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 WOLFSPEED, INC.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 SWOT Analysis
7.5 Texas Instruments, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 Sumitomo Electric Industries, Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Swot Analysis
7.7 Analog Devices, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Intel Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 NXP Semiconductors N.V.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.9.5 SWOT Analysis
7.10. Mitsubishi Electric Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis
TABLE 1 North America High Electron Mobility Transistor Market, 2019 - 2022, USD Million
TABLE 2 North America High Electron Mobility Transistor Market, 2023 - 2030, USD Million
TABLE 3 North America High Electron Mobility Transistor Market, by Type, 2019 - 2022, USD Million
TABLE 4 North America High Electron Mobility Transistor Market, by Type, 2023 - 2030, USD Million
TABLE 5 North America Gallium Nitride (GaN) Market, by Country, 2019 - 2022, USD Million
TABLE 6 North America Gallium Nitride (GaN) Market, by Country, 2023 - 2030, USD Million
TABLE 7 North America Silicon Carbide (SiC) Market, by Country, 2019 - 2022, USD Million
TABLE 8 North America Silicon Carbide (SiC) Market, by Country, 2023 - 2030, USD Million
TABLE 9 North America Gallium Arsenide (GaAs) Market, by Country, 2019 - 2022, USD Million
TABLE 10 North America Gallium Arsenide (GaAs) Market, by Country, 2023 - 2030, USD Million
TABLE 11 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 12 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 13 North America High Electron Mobility Transistor Market, by End-Use, 2019 - 2022, USD Million
TABLE 14 North America High Electron Mobility Transistor Market, by End-Use, 2023 - 2030, USD Million
TABLE 15 North America Consumer Electronics Market, by Country, 2019 - 2022, USD Million
TABLE 16 North America Consumer Electronics Market, by Country, 2023 - 2030, USD Million
TABLE 17 North America Automotive Market, by Country, 2019 - 2022, USD Million
TABLE 18 North America Automotive Market, by Country, 2023 - 2030, USD Million
TABLE 19 North America Industrial Market, by Country, 2019 - 2022, USD Million
TABLE 20 North America Industrial Market, by Country, 2023 - 2030, USD Million
TABLE 21 North America Aerospace & Defense Market, by Country, 2019 - 2022, USD Million
TABLE 22 North America Aerospace & Defense Market, by Country, 2023 - 2030, USD Million
TABLE 23 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 24 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 25 North America High Electron Mobility Transistor Market, by Country, 2019 - 2022, USD Million
TABLE 26 North America High Electron Mobility Transistor Market, by Country, 2023 - 2030, USD Million
TABLE 27 US High Electron Mobility Transistor Market, 2019 - 2022, USD Million
TABLE 28 US High Electron Mobility Transistor Market, 2023 - 2030, USD Million
TABLE 29 US High Electron Mobility Transistor Market, by Type, 2019 - 2022, USD Million
TABLE 30 US High Electron Mobility Transistor Market, by Type, 2023 - 2030, USD Million
TABLE 31 US High Electron Mobility Transistor Market, by End-Use, 2019 - 2022, USD Million
TABLE 32 US High Electron Mobility Transistor Market, by End-Use, 2023 - 2030, USD Million
TABLE 33 Canada High Electron Mobility Transistor Market, 2019 - 2022, USD Million
TABLE 34 Canada High Electron Mobility Transistor Market, 2023 - 2030, USD Million
TABLE 35 Canada High Electron Mobility Transistor Market, by Type, 2019 - 2022, USD Million
TABLE 36 Canada High Electron Mobility Transistor Market, by Type, 2023 - 2030, USD Million
TABLE 37 Canada High Electron Mobility Transistor Market, by End-Use, 2019 - 2022, USD Million
TABLE 38 Canada High Electron Mobility Transistor Market, by End-Use, 2023 - 2030, USD Million
TABLE 39 Mexico High Electron Mobility Transistor Market, 2019 - 2022, USD Million
TABLE 40 Mexico High Electron Mobility Transistor Market, 2023 - 2030, USD Million
TABLE 41 Mexico High Electron Mobility Transistor Market, by Type, 2019 - 2022, USD Million
TABLE 42 Mexico High Electron Mobility Transistor Market, by Type, 2023 - 2030, USD Million
TABLE 43 Mexico High Electron Mobility Transistor Market, by End-Use, 2019 - 2022, USD Million
TABLE 44 Mexico High Electron Mobility Transistor Market, by End-Use, 2023 - 2030, USD Million
TABLE 45 Rest of North America High Electron Mobility Transistor Market, 2019 - 2022, USD Million
TABLE 46 Rest of North America High Electron Mobility Transistor Market, 2023 - 2030, USD Million
TABLE 47 Rest of North America High Electron Mobility Transistor Market, by Type, 2019 - 2022, USD Million
TABLE 48 Rest of North America High Electron Mobility Transistor Market, by Type, 2023 - 2030, USD Million
TABLE 49 Rest of North America High Electron Mobility Transistor Market, by End-Use, 2019 - 2022, USD Million
TABLE 50 Rest of North America High Electron Mobility Transistor Market, by End-Use, 2023 - 2030, USD Million
TABLE 51 Key Information – Qorvo, Inc
TABLE 52 Key Information – Infineon Technologies AG
TABLE 53 Key information – MACOM Technology Solutions Holdings, Inc.
TABLE 54 Key Information – WOLFSPEED, INC.
TABLE 55 Key Information – Texas Instruments, Inc.
TABLE 56 Key Information – Sumitomo Electric Industries, Ltd.
TABLE 57 key information – Analog Devices, Inc.
TABLE 58 Key Information – Intel Corporation
TABLE 59 Key Information – NXP Semiconductors N.V.
TABLE 60 Key Information – Mitsubishi Electric Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America High Electron Mobility Transistor Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the High Electron Mobility Transistor Market
FIG 4 Porter’s Five Forces Analysis – High Electron Mobility Transistor Market
FIG 5 North America High Electron Mobility Transistor Market, Share by Type, 2022
FIG 6 North America High Electron Mobility Transistor Market, Share by Type, 2030
FIG 7 North America High Electron Mobility Transistor Market, by Type, 2019 - 2030, USD Million
FIG 8 North America High Electron Mobility Transistor Market, Share by End-Use, 2022
FIG 9 North America High Electron Mobility Transistor Market, Share by End-Use, 2030
FIG 10 North America High Electron Mobility Transistor Market, by End-Use, 2019 - 2030, USD Million
FIG 11 North America High Electron Mobility Transistor Market, Share by Country, 2022
FIG 12 North America High Electron Mobility Transistor Market, Share by Country, 2030
FIG 13 North America High Electron Mobility Transistor Market, by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Qorvo, Inc.
FIG 15 Recent strategies and developments: Infineon Technologies AG
FIG 16 SWOT Analysis: Infineon Technologies AG
FIG 17 SWOT Analysis: MACOM Technology Solutions Holdings, Inc.
FIG 18 SWOT Analysis: WOLFSPEED, INC.
FIG 19 SWOT Analysis: Texas Instruments, Inc.
FIG 20 SWOT Analysis: Sumitomo Electric Industries, Ltd
FIG 21 SWOT Analysis: Analog Devices, Inc.
FIG 22 SWOT Analysis: Intel corporation
FIG 23 SWOT Analysis: NXP Semiconductors N.V.
FIG 24 SWOT Analysis: Mitsubishi Electric Corporation