GaN Semiconductor Market Growth Projections

The GaN power device market is experiencing rapid growth, with projections to reach billions in value by 2029. Gallium nitride transistors are replacing silicon-based ones due to their efficiency. Major players like Efficient Power Conversion and GaN Systems are leading the market, with Asia Pacific set to dominate. The global GaN semiconductor devices market shows significant growth potential, driven by superior properties and diverse applications across industries.