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According to a new report Global Gallium Nitride (GaN) Semiconductor Devices Market, published by KBV research, the Global Gallium Nitride (GaN) Semiconductor Devices Market size is expected to reach $2.8 billion by 2023, rising at a market growth of 16% CAGR during the forecast period.

The North America market holds the largest market share in Global Opto Gallium Nitride Semiconductor DevicesMarket by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 13.3 % during the forecast period. The Europe market is expected to witness a CAGR of 17.2% during (2017 – 2023) in Global Power Gallium Nitride Semiconductor Devices Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 19.7% during (2017 – 2023) in Global GaN Radio Frequency Gallium Nitride Semiconductor Devices Market.

The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. Based on the Analysis presented in the Cardinal matrix, Texas Instruments Inc. and Toshiba Corporation are the forerunners in the Gallium Nitride (GaN) Semiconductor Devices market.

KBV Cardinal Matrix – Gallium Nitride (GaN) Semiconductor Devices Market

The 4 inch market holds the largest market share in Global Gallium Nitride Semiconductor Devices Market by Wafer Size in 2016, and would continue to be a dominant market till 2023. The 8 inch market is expected to witness a CAGR of 16.9% during (2017 – 2023). Additionally, the 6 inch market would garner market size of $502.1 million by 2023.

The Information & Communication Technology market holds the largest market share in Global Gallium Nitride Semiconductor Devices Market by Application in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 14.4 % during the forecast period. The Automotive market is expected to witness a CAGR of 15.5% during (2017 – 2023).

Full Report: https://kbvresearch.com/gallium-nitride-gan-semiconductor-devices-market/

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