888-776-0942 from 8 AM - 10 PM ET

ALBANY, N.Y. , June 7, 2022 /PRNewswire/ -- Rising use of semiconductor devices based on wideband GaN technologies in numerous industries and defence sector has led to abundant revenue streams for companies in GaN industrial devices market. GaN high-electron-mobility transistors (HEMTs) of note have gained enormous utilization in satellite communication. A TMR study has projected the GaN industrial devices market to advance at CAGR of 12.3% during 2022–2031.

The authors of the study found that commercialization of GaN power transistors in defence sector, increasingly on the back of widespread use of electronic warfare devices and radar sensing equipment by world's militaries and in the aerospace industry. GaN on diamond-based transistors have gained considerable adoption in various applications, thereby presented abundant revenues to companies in the GaN industrial devices market.

In particular, the revenue growth has been spurred by growing R&D in the GaN industrial devices market to meet the requirements of avionics systems, satellites, and combat vehicles. The trend has also steered profitable avenues for manufacturing technology for GaN industrial devices. End users are becoming aware of the advantages of GaN technology over silicon-based semiconductor devices especially in wireless communication and consumer electronics applications. Furthermore, the use of the GaN technology in radars make the latter effective in real-time air traffic control.

Get PDF Brochure for More Insights - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4657

Key Findings of GaN Industrial Devices Market Study

Request Sample Report at - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4657

GaN Industrial Devices Market Study: Key Drivers

GaN Industrial Devices Market Study: Regional Growth Dynamics

Get COVID-19 Impact Analysis at -  https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=4657

GaN Industrial Devices Market Study: Competition Landscape

Most key players are keen on diversifying their product portfolio to consolidate their market shares. Some of the prominent companies in the GaN industrial devices market are:

Make an Enquiry before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=4657

GaN Industrial Devices Market Study Segmentation

Browse Latest Electronics and Semiconductors Industry Research Reports by TMR

Flexible Substrate Market - The global flexible substrate market is expected to exceed value of US$ 28.7 Bn by the end of 2031and is estimated to expand at a CAGR of 18.9% from 2022 to 2031

POP Display Market - The Middle East & North Africa POP display market is expected to reach a value of US$ 979.2 Mn by the end of 2031 and It is estimated to expand at a CAGR of 5.4% from 2022 to 2031

Seismic Survey Equipment Market - The global seismic survey equipment market is expected to surpass value of US$ 2.3 Bn by the end of 2031 and It is estimated to expand at a CAGR of 4.8% from 2022 to 2031

Laser Diode Market - The global laser diode market is expected to cross value of US$ 18.3 Bn by the end of 2031 and It is estimated to expand at a CAGR of 11.6% from 2022 to 2031

Transparency Market Research is a global market research reports company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Rohit Bhisey  Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com   Blog: https://tmrblog.com   Email: [email protected]

More news releases in similar topics

Cision Distribution 888-776-0942 from 8 AM - 9 PM ET