GaN-on-Si Transistors Market is predicted to reach USD 51.74 Billion by 2030

According to the study by Next Move Strategy Consulting, the global GaN-on-Si Transistors Market size is predicted to reach USD 51.74 billion with a CAGR of 22.5% by 2030.

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The growing demand for the Gan-on-Si transistors in the automotive industry thrives the market for innovative electronic components that enhance efficiency and performance in vehicle electronics, driving advancements in automotive technology.

Asia-Pacific dominates the Gan-on-Si transistors market share and is expected to continue its dominance during the forecast period.

The Gan-on-Si transistors industry comprises of various market players that include Wolfspeed Inc., Qorvo Inc., MACOM Technology Solutions, Infineon Technologies AG, Sumitomo Corporation, Mitsubishi Electric Corporation, Efficient Power Conversion Corporation., Odyssey Semiconductor Technologies Inc., ROHM CO., LTD., STMicroelectronics N.V., and others.