GaN Power Device Market Expands on Rising Demand for...

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2026-09-07 05:56:14 -

GaN Power Device Market Expands on Rising Demand for High-Efficiency Power

Anticipated Revenue Expansion The GaN Power Device Market was valued at USD 1.07 billion in 2025 and is projected to reach approximately USD 2.9 billion by 2032, expanding at a 15.4% CAGR from 2026 to 2032. The market is benefiting from the growing adoption of gallium nitride as a high-performance alternative to conventional silicon-based power devices. Demand is...

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