Key Points and Statistics on the Gallium Nitride Semiconductor Devices Market:
● The global market is expected to expand to USD 24.1 Billion by 2032, growing at a CAGR of 26.9% from 2023 to 2032.
● North America dominated the market with a value of around USD 745 million in 2022.
● The Asia-Pacific region is anticipated to record a CAGR of over 28% from 2023 to 2032.
● Opto semiconductors, a sub-segment, generated over USD 858 million in revenue in 2022.
● The ICT application segment accounted for about 24% of the market share in 2022.
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Gallium Nitride Semiconductor Devices Market Overview and Analysis:
Gallium Nitride Semiconductor Devices are not just limited to niche applications. They are integral to the development of…
