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Global Wide-Bandgap Power (WBG) Semiconductor Devices Strategy Report 2024: Market to Reach $10.9 Billion by 2030 from $1.4 Billion in 2022, Growing at a CAGR of 29.4% [Yahoo! Finance]
Last microchip technology incorporated earnings: 2/4 04:10 pm
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Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Wide-Bandgap Power (WBG) Semiconductor Devices Market to Reach $10.9 Billion by 2030 The global market for Wide-Bandgap Power (WBG) Semiconductor Devices estimated at US$1.4 Billion in the year 2022, is projected to reach a revised size of US$10.9 Billion by 2030, growing at a CAGR of 29.4% over the analysis period 2022-2030. The evolution of the semiconductor industry sees a thrilling chapter unfold with wide-bandgap (WBG) semiconductors poised to surpass silicon and become integral to power, lighting, RF, and optoelectronics. Silicon Carbide (SiC), one of the segments analyzed in the report, is projected to record a 29.4% CAGR and reach US$6.3 Billion by the end of the analysis period. Growth in the Gallium Nitride (gan) segment is estimated at 31.4% CAGR for the next 8-year period. The pandemic's impact on the semiconductor industry has underscored the risk of va
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