High Demand in 5G and Defense Propels GaN Industrial Devices Market to $2.2 Billion by 2031
The Global GaN (Gallium Nitride) Industrial Devices Market, valued at US$ 709.24 million in 2021, is expected to witness significant growth over the next decade. With an estimated compound annual growth rate (CAGR) of 12.3% from 2022 to 2031, the market is set to exceed a valuation of US$ 2.2 billion by the end of 2031. GaN technology has emerged as a game-changer in various industries, driven...
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