Global GaN Market Boosted by Growing Automotive and Consumer Electronics Sectors; Market to Reach US$2.2 Bn by 2019
The global GaN market is expanding at a rapid 24.60% CAGR between 2013 and 2019. The market was recorded at US$378.8 mn in 2012. By the end of 2019, the global GaN market is expected to reach US$2.2 bn, according to a research report released by Transparency Market Research titled "GaN Semiconductor Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019".
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