ICT Industry Reports

Growing demand for high-performance power-switching devices in industrial and commercial applications and steadily growing investments of mobile operators in 5G infrastructure are expected to drive the Global GaN Power Devices Market during the forecast period of 2024-2028. According to TechSci Research report, “ GaN Power Devices Market -   Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018–2028, the Global GaN Power Devices Market is anticipated to register a robust growth during the forecast period, 2024-2028”  due to factors such as surging use of GaN for commercial applications, rising use of GaN-based components in defense industry, introduction of fast mobile chargers with GaN technology are expected to drive the Global GaN Power Devices Market. Rising funds in 5G infrastructure development in various nations has spurred the demand for GaN power devices. Some of the profitable applications are used in power amplifiers, RF radios, antenna modules, MIMO...

According to TechSci Research,  Global GaN Power Devices market is projected to grow at a CAGR of over 29%, in value terms, during  2014-2024 .  Growing requirement of GaN devices for commercial applications, increasing demand for GaN devices in wireless charging , rising R&D activities by major players in the market, rising number of new entrants the market and increase in government expenditure on electronic sector are some factors, that will propel the demand for GaN Power Devices over the next five years. APAC is anticipated to remain a strong contributor in the GaN Power Devices market in the forecast period, owing to strong awareness and use of the product. APAC is expected to register faster CAGR than any other region, backed by increased focus on R&D activities by the emerging players and developing economies.  Some of the major players operating in the global GaN Power Devices are   Cree , Qorvo , MACOM , Microsemi Corporation , Analog Dev...