The semiconductor industry is rapidly evolving as modern electronic systems demand faster processing speeds, higher energy efficiency, and improved thermal stability. Gallium nitride (GaN) has emerged as a breakthrough semiconductor material capable of delivering superior performance compared to traditional silicon technologies. GaN devices operate efficiently at higher voltages, frequencies,...

According to a new report from Intel Market Research, the global Power Semiconductor Switches for Automotive market was valued at USD 1,754 million in 2025 and is projected to grow from USD 1,891 million in 2026 to USD 2,937 million by 2034, exhibiting a robust CAGR of 7.8% during the forecast period (2025–2034). This growth is propelled by the rapid global adoption of electric vehicles,...