The global gallium nitride (GaN) power devices market is expected to grow at a compound annual growth rate (CAGR) of 57.4% during 2022-2030, driven primarily by demand for GaN in commercial radio-frequency applications, the adoption of GaN in electric vehicles (EVs), escalating demand for wireless charging, and a reduction in the price of GaN devices, according to a report from Atlantic Market Research. Wireless charging in particular has been widely adopted in smartphones and electric vehicles (EVs), with various initiatives across the globe, and has proven to be the major market driver, paving the way for GaN power devices...
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