Zhitong finance and economics learned that according to trendforce Jibang consulting research, thanks to the rapid rise in the demand for consumer fast charging products, such as mobile phone brands Xiaomi, oppo and vivo have taken the lead in launching fast charging heads since 2018, which have been favored by consumers with the advantages of high heat dissipation efficiency and small size. So far, pen manufacturers are also interested in following up, The Gan power market has become the category with the fastest increase in output value in the third generation semiconductor industry. It is estimated that the revenue will reach US $83 million in 2021, with an annual increase of 73%.
In terms of manufacturers, Navitas will surpass power integrations (PI) with a market share of 29% of shipments and take the first place in the global Gan power market this year. With its distinctive Gan fast power ICs design scheme and good supply chain cooperation, it has become the largest supplier of Gan power chips in the consumer market. At present, it has cooperated with the world's top mobile phone OEM manufacturers and PC equipment manufacturers, including Dell, Lenovo, LG, Xiaomi, oppo, etc. In 2021, its fast charging IC orders continued to increase. Previously, 6-inch chips were put into the fab2 of TSMC, and will be transferred to the 8-inch plant in the second half of the year to alleviate the problem of capacity shortage; San'an is also its intended OEM. In addition, for other Gan application markets, data center may also become a priority entry point for nano micro semiconductors, and corresponding products are expected to be put into operation in 2022.
As an old power chip manufacturer, power integrations (PI) has been an absolute dominant position in the Gan power market for a long time. This year, PI launched a new generation of innoswitch4-cz series chips based on powigan technology and carried them to Anker 65W fast charging and other products, which has won unanimous praise in the market. In addition, the first single chip product integrating AC-DC controller and USB PD protocol control recently released may become another key driving force to boost Pi's revenue growth this year, which is expected to rank second in the world with a market share of 24%.
The government has increased its support, and the market share of sinosecco's shipments ranks third in the world
It is worth mentioning that the market share of Chinese manufacturer innoscience rose to 20% this year, jumping to the third place in the world, mainly due to the significant growth in the shipment of its high and low voltage Gan products. Among them, fast charging products entered the supply chain of first-line pen manufacturers for the first time. At the same time, Suzhou 8-inch wafer factory has entered the mass production stage, and the advantages of IDM mode will gradually appear in the rapid development of Gan industry. At present, innosecco is actively expanding applications in other fields, such as lidar, on-board charger (OBC), LED power supply, etc. its rich product portfolio is expected to further expand its market share next year.
At present, China's policy support for the third generation semiconductor is increasing. Coupled with the Sino US trade friction, Huawei and China's downstream application enterprises re-examine the security risks of the supply chain, which brings a good opportunity for China's third generation semiconductor material and component manufacturers to verify and replace domestic products, and further promotes the development of China's third generation semiconductor industry. According to trendforce Jibang Consulting survey, there were about 25 third-generation semiconductor investment and expansion projects (excluding Gan Optoelectronics) in China in 2020, with a total investment of more than 70 billion yuan, an annual increase of 180%.
Among them, the SiC substrate material, the core of the industrial chain, is still dominated by 4 inches of commercial products in China, and is moving towards 6 inches. The gap with the international advanced level is narrowing. However, the gap in single crystal quality is still obvious, and the self-sufficiency rate of high-performance substrates is low. According to trendforce Jibang consulting statistics, as of the first half of 2021, China has about 7 silicon-based gallium nitride wafer manufacturing lines, and at least 4 Gan power production lines are under construction; In terms of SiC wafer manufacturing (including pilot line), there are at least 14 6-inch production lines.