According to the latest 2024 global GaN Power Device Market Analysis Report from TrendForce, with Infineon and Texas Instruments investing more resources in GaN technology, the development of power GaN industry will accelerate again. The global GaN power component market is expected to grow from about 0.271 billion US dollars in 2023 to 4.376 billion US dollars in 2030, with a compound annual growth rate (CAGR) of up to 49%. The proportion of non-consumer applications is expected to increase from 23% in 2023 to 48% in 2030, with autos, datacenters, and electric machine driving as the core scenarios.
集邦咨询：功率GaN产业发展将再次提速 非消费类应用扮演主要驱动力
Jefferies: GaN power industry development will accelerate again, non-consumer applications play a major driving force.
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