Power GaN Market Size to Display Upward Graph Over 2022-2027

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Power GaN Market  Forecast (2022 - 2027)Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• The global Power GaN Market size is estimated to
  reach 6.6 Billion by 2027, growing at a CAGR of
  9.1 during the forecast period 2022-2027.
• Factors attributing to this market growth include
  the increasing adoption of efficient compact
  semiconductor devices and rising applications of
  GaN in varied sectors like EV charging,
  telecommunications consumer electronics and so
  on.
• GaN power semiconductors have high switching
  frequency low energy loss capabilities, which
  results in their wide deployment for developing
  photovoltaic inverters.

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• Key Takeaways
• GaN RF Power Device market is analyzed to witness
  the highest CAGR during the forecast period
  2022-2027, attributed to increasing adoption of
  RF power semiconductors, growing penetration of
  communication networks and so on.
• IT telecom industry dominated the Power GaN
  market in 2021, attributed to rising adoption of
  GaN in high power applications, increasing
  utilization of GaN in telecom applications and so
  on.
• APAC region dominated the global Power GaN market
  in 2021, attributed to growing utilization of
  power GaN in electric vehicles, increasing
  adoption of GaN power ICs and so on.

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By Device Type - Segment Analysis GaN RF Power
Device market is analyzed to grow at the fastest
rate of 10.2 CAGR during the forecast period
2022-2027, attributed to increasing adoption of
RF power semiconductors in various industry
verticals like telecommunication, consumer
electronics automotive, growing penetration of
communication networks emergence of 5G and so
on. In December 2021, Microchip Technology
launched GaN RF power devices equipped with
integrated MMICs and discrete transistors as an
upgrade to its existing product line.
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• Power GaN Market- Competitive Landscape 
• GaN Systems Inc.
• Analog Devices Inc.
• MACOM Technology Solutions Holdings Inc.
• Microsemi Corporation
• Mitsubishi Electric Corporation
• NXP Semiconductors NV
• Navitas Semiconductor
• STMicroelectronics NV

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Power GaN Market Forecast (221 - 2027) Learn
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• You Can Customize the Report as Per Your Need.
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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