5G Infrastructure, Electric Vehicles, and Power Electronics Fuel...

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2026-06-15 09:36:32

5G Infrastructure, Electric Vehicles, and Power Electronics Fuel Market Expansion

Gallium Nitride (GaN) Wafer Foundry Market was valued at approximately USD 173 million in 2025 and is projected to reach USD 613 million by 2034, expanding at a CAGR of 20.4% during the forecast period. The market is witnessing rapid growth driven by increasing demand for high-performance power semiconductors, expansion of 5G communication networks, accelerating electric vehicle...

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