India, Aug. 14 -- Gallium nitride (GaN) has emerged as a major growth engine in the power electronics market. With superior material properties, GaN offers unique advantages in high-frequency, high-efficiency, and compact power applications, driving multiple industry segments into a new wave of technological transformation.

According to TrendForce, the GaN power device market is projected to grow from USD 390 million in 2024 to USD 3.51 billion by 2030, representing a compound annual growth rate (CAGR) of 44%.

GaN technology first gained traction in fast chargers for consumer electronics, where its high efficiency and power density enabled significantly smaller and more portable chargers. Today, GaN applications are rapidly expanding in...