NuAxiSemiconductor trade intelligence
GaN device market grows at 12.13% CAGR from $6.24bn in 2021 to $7bn in 2022
What happened
A market report indicates the global GaN device market grew at a 12.13% CAGR from $6.24bn in 2021 to $7bn in 2022, and is projected to reach $12.41bn by 2026 at a 15.38% CAGR. This growth occurred despite short-term disruptions from the Russia-Ukraine war and pandemic recovery. Neutral: This is a broad market forecast with no specific supply/demand or pricing data to generate a direct trade signal.
Impact and signal
Low impactImpact score: 10/100
Affected components and suppliers
GaN Devices
market-growthcagr
Source and time
Source: Semiconductor Today · 12/21/2022 · View original source
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