Semiconductor

  The global power semiconductors market is growing rapidly, witnessing the surging demand in military and space applications. Power semiconductors demonstrate considerable stability in the radiation environment, GaN devices, offering favorable characteristics to terahertz (THz) devices that benefit many space and military applications. Besides, greater stability in radiation surroundings possessed by GaN semiconductors fosters power semiconductors' uses in the automotive and aerospace sectors. In the years to come, the power semiconductor market size is projected to further due to the rising usages of gallium nitride (GaN) semiconductor devices in different verticals, such as telecommunications, consumer electronics, and medical industries. In this regard, Market Research Future (MRFR) states that the global  Power Semiconductor Market Share  valuation is expected to escalate further by 2027, growing at an impressive CAGR during the assessment period (2020 – 2027). Power...