According to a new report from Intel Market Research, the global Gallium Nitride Power Device market was valued at USD 1.45 billion in 2025 and is projected to reach USD 4.89 billion by 2034, growing at a robust CAGR of 14.3% during the forecast period (2026‑2034). This growth is driven by the accelerating adoption of energy‑efficient power electronics in automotive electrification, data‑center...

According to a new report from Intel Market Research, the global IGBT Market was valued at USD 10.02 billion in 2024 and is projected to reach USD 28.95 billion by 2032, growing at a robust CAGR of 16.8% during the forecast period (2025–2032). This remarkable growth is primarily attributed to the increasing adoption of electric vehicles (EVs), the expansion of industrial automation, and...