The Gallium Nitride (GaN) device market refers to the production and sale of electronic devices that use Gallium Nitride as a semiconductor material. These devices include transistors, diodes, power amplifiers, and integrated circuits. This market is driven by the increasing demand for high-performance electronic devices that offer higher power density, better thermal management, and greater efficiency. The market is also driven by the growing adoption of GaN technology in various applications such as automotive, industrial, telecommunications, and aerospace.

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Gallium Nitride (GaN) Device Market Size, Share & Forecast, 2027
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Gallium Nitride (GaN) Device Market Size, Share & Forecast, 2027

The global gallium nitride (GaN) device market size was $20.56 Bn in 2019. The market is projected to grow $8.40 Bn in 2027 at a CAGR of 4.28% in the 2020-2027 period.