According to a new report from Intel Market Research, the global Gallium Nitride Power Device market was valued at USD 1.45 billion in 2025 and is projected to reach USD 4.89 billion by 2034, growing at a robust CAGR of 14.3% during the forecast period (2026‑2034). This growth is driven by the accelerating adoption of energy‑efficient power electronics in automotive electrification, data‑center...

Global Advanced Passive Components Market, valued at a robust level in 2023, is on a trajectory of significant expansion, projected to reach substantially higher levels by 2031. This growth, representing a strong compound annual growth rate (CAGR), is detailed in a comprehensive new report published by Semiconductor Insight. The study highlights the critical role of high‑performance inductors,...