Gate Driver IC Market Report 2024-2032: Industry Trends, Segmentation and Forecast Analysis
The latest report by IMARC Group, titled “ Gate Driver IC Market Report by Transistor Type (MOSFET, IGBT), Semiconductor Material (Si, SiC, GaN), Mode of Attachment (On-Chip, Discrete), Isolation Technique (Magnetic Isolation, Capacitive Isolation, Optical Isolation), Application (Residential, Industrial, Commercial), and Region 2024-2032 ”, offers a comprehensive analysis of the industry, which comprises insights on the gate driver IC market trends . The global market size reached US$ 1.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032. Factors Affecting the Growth of the Gate Driver IC Industry: Increasing Adoption of Power Electronics: Various industries, including automotive, industrial, and consumer electronics, are shifting toward electrification to meet energy efficiency and sustainability goals. This transition involves the use of power electronic devices like invert...