High-Frequency Switching and Energy-Efficient Power Conversion...

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2026-05-26 10:04:50

High-Frequency Switching and Energy-Efficient Power Conversion Propel Market Development

Power GaN Devices Market was valued at USD371 million in 2024 and is projected to reach USD2,263 million by 2032, expanding at a CAGR of 27.8% during the forecast period. Market growth is being fueled by rising adoption of energy-efficient power electronics, rapid electric vehicle (EV) electrification, expansion of AI-driven data centers, and increasing deployment of...

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