Empowering Connectivity: RF Gallium Nitride Market on Track for $2.8 Billion by 2028
With a projected value of USD 2.8 billion by 2028, the global RF Gallium Nitride (GaN) Market is expected to experience significant expansion from its estimated USD 1.5 billion valuation in 2023. Over the course of the forecast period, this projected growth translates into a strong compound annual growth rate (CAGR) of 12.9%. Technological developments, the growing need for high-frequency and high-power devices, and the broad use of GaN technology in a variety of industries, including the automotive, aerospace and defence, and telecommunications sectors, are all considered contributing factors to the market value increase. The market is anticipated to experience substantial growth in the upcoming years as GaN continues to establish itself as a favoured material for RF applications because of its excellent qualities, such as high electron mobility and thermal stability. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183000597 There are...