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Power GaN device market growing at 59% CAGR to $2bn in 2027

What happened

Yole Développement forecasts the power GaN device market to grow at a 59% CAGR, reaching $2 billion by 2027 from a $126 million base in 2021. This projection is based on their annual market analysis report. Neutral: This is a long-term market size forecast with no specific, immediate trading catalysts for existing component supply, pricing, or inventory.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

Power GaN
market-growthforecast

Source and time

Source: Semiconductor Today · 6/13/2022 · View original source

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