According to Fact.MR, growth rate for GaN RF devices in the past decade was noted as 20.8%.

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The report offers actionable and valuable market insights of GaN RF Devices. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of GaN RF Devices Market across various industries and regions.

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GaN RF devices market value is forecast to surpass US$ 5,159 million by 2032. A growth rate of 21.3% is projected for the demand of these high power amplifiers during the forecast period of 2022-32.

The global GaN RF devices market is estimated at US$ 750 million in 2022. GaN (Gallium Nitride) exists as mainstream RF technology with significant applications in high power radio frequency amplifiers, thermal management devices and, 4G and 5G operating devices.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of GaN RF Devices market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of GaN RF Devices

This newly published and insightful report sheds light on Market Insights of GaN RF Devices, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of GaN RF Devices Market.

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Big Data Analytics in GaN RF Devices Market Key Segments

By Product Type
Module
Discrete
By Application
Wireless Infrastructure
Radars and Avionics
Power Storage
PV Inverter
CATV
Satellite Communication
Hybrid and EV Components
HEV Charging Equipment
Traction Motor Components
Other Applications
By End User
Telecommunications
Automotive
Aerospace and Defense
Medical Devices
Industrial

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Competition landscape: Top Companies of GaN RF Devices Market
Market players in GaN RF Devices business have mainly opted for growth oriented strategies which includes establishment of GaN RF device value chains. In addition, branding and continuous technical advancements in their manufacturing technology hits the top position in their priority list. These strategies are helping the global players to expand their regional footprint and garner maximum market share thus providing competitive advantage.

6 Key Projections on Future of GaN RF Devices Market for Forecast Period 2017-2026

On the basis of end-user, telecommunications will remain dominant, with revenues poised to account for nearly half share of the market by 2026-end. Aerospace and Defense, and Automotive are also expected to hold major revenue shares of the market during the forecast period. Sales of GaN RF devices for medical devices and industrial end-uses are projected to exhibit a parallel expansion through 2026. Revenues from industrial end-users of GaN RF devices will continue to be sluggish.
Wireless infrastructure will continue to be the most lucrative application of GaN RF devices, with revenues set to account for over two-fifth market share by 2026-end. PV inverter is also expected to remain a financially worthwhile application of GaN RF devices.
GaN RF devices sales for application in hybrid and EV components are projected to ride on the highest CAGR through 2026. HEV charging equipment and wireless infrastructure applications are expected to witness expansion at equal CAGRs through 2026. Satellite communication and CATV will continue to be the least lucrative applications of GaN RF devices.
On the basis of product type, discrete GaN RF devices are anticipated to remain dominant in the market, in terms of revenues. In addition, revenues from discrete GaN RF devices are projected to hold more than four-fifth market share by 2026-end. Demand for module GaN RF devices are expected to remain sluggish in the market.
Asia-Pacific excluding Japan (APEJ) has been anticipated to remain the largest market for GaN RF devices. Revenues from GaN RF devices sales in APEJ will surpass US$ 1,000 Mn by 2026-end. Revenue share of Japan and North America in the market will also remain significant, however revenues from APEJ will remain comparatively larger than those combined from Japan and North America.

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Fact.MR, in its new report, offers an unbiased Market Analysis of GaN RF Devices, Sales and Demand of GaN RF Devices, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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