GaN semiconductors have emerged as an excellent solution for enhancing electronic performance. Furthermore, the exceptional ability of GaN to conduct electrons with a high degree of efficiency in comparison to silicon is expected to boost demand for GaN semiconductor devices in the coming years. The adoption of silicon-based semiconductor devices is declining, and according to current trends, GaN Power Device Market will enter the mainstream in the coming years. Furthermore, the production cost of a GaN device is significantly lower than the overall production cost of a MOSFET device; demand for GaN semiconductor devices is expected to rise during the assessment period.

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