"Regional Overview of Executive Summary Gallium Nitride (GaN) Powered Chargers Market by Size and Share
Data Bridge Market Research analyses that the global gallium nitride (GaN) powered chargers market was valued at USD 690.40 million in 2022, and is expected to reach USD 841 million by 2030, registering a CAGR of 5.2% during the forecast period of 2023-2030.
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Gallium Nitride (GaN) Powered Chargers Market Introduction
The global gallium nitride (GaN) powered chargers market is segmented based on various factors to provide a granular view of the industry landscape. The segmentation by type includes wireless GaN chargers and wired GaN chargers. Wireless GaN chargers are gaining popularity due to the convenience they offer, eliminating the need for physical connections between devices and chargers. On the other hand, wired GaN chargers are known for their reliability and fast charging capabilities. In terms of application, the market is segmented into consumer electronics, automotive, industrial, healthcare, and others. The consumer electronics segment is expected to hold a significant share as the demand for GaN chargers for smartphones, laptops, and tablets continues to rise. GaN chargers are also being increasingly adopted in the automotive sector for electric vehicles and charging infrastructure. Additionally, the market is segmented based on power range, categorizing chargers into up to 30W, 30-100W, and above 100W segments to cater to different power requirements across various industries.