The global gallium nitride (GaN) devices market valued USD 20.56 billion in 2019. It experienced growth, reaching USD 21.18 billion in 2020, and is projected to further expand to USD 28.40 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 4.28% from 2023 to 2027.

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Gallium Nitride (GaN) Device Market Size, Share & Forecast, 2027

The global gallium nitride (GaN) device market size was $20.56 Bn in 2019. The market is projected to grow $8.40 Bn in 2027 at a CAGR of 4.28% in the 2020-2027 period.