NuAxiSemiconductor trade intelligence
Power GaN device market growing at 42% CAGR to $3bn by 2030
What happened
Yole Group forecasts the power GaN device market to grow at a 42% CAGR, reaching $3 billion by 2030 from $355 million in 2024. This growth is driven by increasing adoption in consumer fast-charging, data centers, and automotive applications. Bullish: The projected surge in demand for GaN power devices is a long-term positive signal for component pricing and supplier revenues, though it lacks immediate, specific supply constraints.
Impact and signal
Low impactImpact score: 15/100
Affected components and suppliers
Power GaN
market-growthdemand-forecast
Source and time
Source: Semiconductor Today · 10/29/2025 · View original source
Open the NuAxi live feed →
Real-time pricing, supply signals and AI analysis for semiconductor traders