GaN Power Devices Market: By User Demand, Key Developers, Types, Current Trends, Revenue Generation, Growth Factors, Forecast Till 2017 - 2025
Transparency Market Research has published a new research report that talks about the overall working dynamics of the global GaN power devices market. The research report expects the global market to exhibit a massive CAGR of 17.5% for the given assessment period of 2017 to 2025. With this rate of growth, the global market is expected to reach a valuation worth US$1.4 bn by the fall of 2025. This is a massive rise in terms of growth as the initial valuation recorded in 2015 was US$223.50 mn. Of the different segments of the global GaN power devices market , the segment of GaN power module is projected to show a massive growth rate of 19.5% in the coming years of the forecast period. This particular segment is projected to account for nearly 49.3% of the overall market share in the global market by the end of 2025. Depending upon the type of industry, the segment of consumer electronics is currently dominating the global GaN power devices market. It is then followed by the segm...