GaN Power Devices Market: Rising Demand in Automotive, Consumer Electronics Sectors
Growing popularity of GaN power devices due to enhanced performance among industry applications and requirement of enhanced battlefield performance has driven the global GaN power devices market. The global GaN power devices market is anticipated to expand at a CAGR of 17.5% during the forecast period from 2017 to 2025. The global GaN power devices market was valued at US$223.50 mn in 2015 and is expected to rise to US$1.4 bn by 2025.
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