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New York, December 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announced the release of the report “Opportunities in the GaN Substrate Market: Market Size, Trends and Growth Analysis”- https://www.reportlinker.com/p06193774/?utm_source=GNW
The future of global GaN substrates is full of opportunities in the consumer electronics and automotive industries. From 2020 to 2026, the global GaN substrate market is expected to grow at a compound annual growth rate of 11.9%. The main driving force for the growth of this market is the increasing demand for GaN substrates for LED applications, the increasing demand for higher power densities in electronic devices, and the increasing use in power electronics applications.
Emerging trends that have a direct impact on industry dynamics include the development of large-scale GaN substrates and the development of GaN single crystal substrates.
The research includes the following trends and forecasts for global GaN substrates by diameter type, application and end-use industry, and region:
By diameter type [$M shipment analysis from 2015 to 2026]:
• <4 inches
• 4 inches or larger
By application [$M shipment analysis from 2014 to 2025]:
• Lead
• Laser diode
• other
By end-use industry [$M shipment analysis from 2015 to 2026]:
• car
• Consumer electronics products
• other
By region [$M shipment analysis for 2015 – 2026]:
• North America
• America
• Canada
The full story on Benzinga.com
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