Blockchain Press Releases
Gallium Nitride Semiconductor Device Market size worth USD 32.91 Billion, Globally, by 2030 at 5.1% CAGR: Verified Market Research®
The “Global Gallium Nitride Semiconductor Device Market Size By Product, By Component, By End-User, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Gallium Nitride Semiconductor Device Market, including its growth prospects, market trends, and market challenges
JERSEY CITY, N.J., Aug. 17, 2023 /PRNewswire/ — The Global Gallium Nitride Semiconductor Device Market is projected to grow at a CAGR of 5.1 % from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 22.11 Billion in 2022 and is expected to reach USD 32.91 Billion by the end of the forecast period.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=24709
Browse in-depth TOC on “Gallium Nitride Semiconductor Device Market“
202 – Pages
126 – Tables
37 – Figures
Market Analysis Reveals Promising Outlook for Gallium Nitride (GaN) Semiconductor Devices
The global semiconductor landscape is undergoing a transformative shift with the emergence of Gallium Nitride (GaN) semiconductor devices, characterized by their potential to deliver high output power, compact form factors, and remarkable efficiency in microwave and ultra-high frequency applications. A comprehensive market analysis underscores the key drivers, growth prospects, and prominent players shaping the GaN semiconductor market.
Gallium Nitride Semiconductor Device Market Drivers
The pressing need for energy-efficient solutions, driven by the depletion of oil reserves and the scarcity of energy sources, has intensified the optimization of power gadgets. Conduction and switching losses have historically been the primary culprits behind power device inefficiencies. However, GaN gallium nitride devices have emerged as a game-changer, boasting attributes such as high breakdown voltage and low conduction resistance. This has led to a surge in demand for GaN-based solutions as industries strive to enhance energy conservation.
Gallium Nitride Semiconductor Device Market Outlook
The market for GaN semiconductor devices is witnessing a paradigm shift, fueled by their expanding applications. GaN RF semiconductor devices, in particular, are gaining prominence across sectors like defense, military, and aerospace, owing to their cost-effective and low-power characteristics. The versatility of GaN’s material properties is further driving innovation across industries, propelling the exploration of novel applications.
Investments from venture capital firms are playing a pivotal role in advancing Gallium Nitride Semiconductor Device Market. The integration of GaN into 5G multi-chip modules is a notable trend, given the imperative for energy-efficient solutions in these networks. As a result, several semiconductor leaders are actively incorporating GaN technology into their 5G offerings, further propelling market growth.
The robotics industry is poised to be a significant catalyst, with GaN finding application in servo drives for robotics and motion control systems. Technological advancements and the escalating demand for automation in manufacturing processes are expected to drive robust sales of robotic units, consequently boosting the demand for Gallium Nitride Semiconductor Device Market.
Key Players
The GaN semiconductor market boasts a roster of distinguished players, each contributing to the sector’s advancement. Key industry players include Panasonic Corporation, Toshiba Corporation, Texas Instruments, NXP Semiconductors NV, Infineon Technologies AG, Cree, Efficient Power Conversion Corporation, Fujitsu Ltd., GaN Systems, NexgenPowerSystems, Qorvo, Samsung, Mitsubishi Electric, Macom, Nichia, Dialog Semiconductor, and Epistar.
Conclusion
The Gallium Nitride Semiconductor Device Market is poised for substantial growth, driven by the convergence of energy-efficient demands, technological innovation, and diverse applications across industries. With its unique material properties and energy-efficient attributes, GaN is positioned as a technology of choice for a wide range of cutting-edge applications. The dominance of North America, led by the defense and aerospace sectors, underscores the global influence of these industries. As governmental support continues to bolster semiconductor innovation, the GaN market’s potential remains on a promising trajectory.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Gallium Nitride Semiconductor Device Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Gallium Nitride Semiconductor Device Market into Product, Component, End-User, And Geography.
- Gallium Nitride Semiconductor Device Market, by Product
- Power Semiconductor
- RF Semiconductor
- Opto Semiconductor
- Gallium Nitride Semiconductor Device Market, by Component
- Transistors
- Power IC
- Rectifier
- Others
- Gallium Nitride Semiconductor Device Market, by End-User
- Information & Communication Technology
- Defense & Aerospace
- Consumer Electronics
- Healthcare
- Others
- Gallium Nitride Semiconductor Device Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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DUBAI, UAE, April 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, now offers API access for its On-Chain Earn and Flexible Savings products. Expansion to other Earn product types is currently in progress. Full technical specifications and integration instructions are available in the official API documentation.
This new integration gives institutional users and developers the ability to connect directly with Bybit’s infrastructure, enabling efficient, automated, and scalable management of their yield-generating strategies.
Bybit’s On-Chain Earn products allows users to earn rewards by participating in blockchain-based (or “on-chain”) financial opportunities such as staking and liquidity protocols. These products provide users with a DeFi-like experience by enabling interaction with smart contracts on public blockchains without the need for technical expertise. Staking in the crypto world often demands significant technical know-how and dedicated hardware, making it inaccessible for many. Bybit’s On-Chain Earn removes these barriers by handling the complexities behind the scenes — including gas fees, node operations, and reward distribution — so users can stake with ease and confidence.
An API, or Application Programming Interface, is a tool that allows different software systems to communicate. Bybit’s API allows developers and institutional users to programmatically access On-Chain Earn and Flexible Savings functions through their own platforms, enhancing customization and operational control.
“Bridging centralized access with decentralized opportunity is one of our core missions,” said Jerry Li, Head of Earn & Wealth Management at Bybit. “With API support for On-Chain Earn, we’re giving power users the infrastructure they need to build, manage, and fine-tune strategies with the speed and precision the market demands.”
The API offers structured access to key functions, including:
- An overview of currently available On-Chain Earn products, with filters by token and product category (LST, non-LST, or Mint),
- Detailed product data such as estimated APYs, staking terms, redemption timelines, minimum and maximum limits, exchange rates, and reward distribution mechanisms,
- Historical and real-time tracking of staking and redemption,
- Summaries of current positions and accrued rewards,
- Programmatic access to eligible Earn products for subscription and redemption, tailored to each supported mechanism.
This release marks a key step in Bybit’s continued efforts to support advanced users with infrastructure that connects centralized tools to decentralized finance opportunities.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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Blockchain Press Releases
MEXC Announces the Listing of MilkyWay (MILK) with 448,000 MILK and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 28, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announces the upcoming listing of MilkyWay (MILK) on April 29, 2025 (UTC). To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 448,000 MILK and 50,000 USDT for both new and existing users.
MilkyWay is a next-generation restaking protocol addressing security fragmentation across modular blockchains. As a liquid staking solution within the Celestia ecosystem and the leading restake protocol under Initia, it allows staked assets to secure multiple chains while improving capital efficiency through liquid staking (milkTIA) and AVS integration. It is currently integrated with over 10 DeFi protocols, including Osmosis, Levana, and Mars, offering users services such as trading, leverage, lending, and yield farming.MilkyWay’s TVL currently reaches $190 million.
$MILK is the governance token of the MilkyWay ecosystem. Holders can stake to support network security, vote on proposals, and earn rewards through staking, liquidity incentives, and ecosystem growth. 10% of the total supply is airdropped to Celestia TIA stakers as a tribute to early supporters.
To celebrate the listing, MEXC will launch an Airdrop+ event from April 28, 2025, 13:00 to May 8, 2025, 10:00 (UTC). The event includes the following benefits:
Benefit 1: Deposit and share 336,000 MILK (New user exclusive)
Benefit 2: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 3: Invite new users and share 112,000 MILK (For all users)
The listing of MilkyWay (MILK) is just the latest example of MEXC’s dedication to bringing the most innovative and timely assets to its platform. According to the latest TokenInsight report, from November 1, 2024, to February 15, 2025, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, MEXC has listed more than 3,000 digital assets. MEXC will continue to maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape.
For full event details and participation rules, visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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Blockchain Press Releases
BTC Pricing Alert: Bitcoin Rebounds as Trump’s Trade War Comments Ignite Market Rally – Bybit x Block Scholes Report
DUBAI, UAE, April 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest weekly crypto derivatives analytics report in partnership with Block Scholes. The report highlights a shift in market sentiment following upbeat remarks from US President Trump on trade negotiations with China, which coincided with a broad rally in both crypto and equity markets.
Earlier last week, Bitcoin showed signs of decoupling from US equities. Following the announcement of a 145% tariff on Chinese goods and comments from Trump, BTC climbed by more than 7% from April 21, 2025, alongside broader risk assets. Short-tenor implied volatility rose, and put-call skew turned upward by 5%, indicating that traders had been positioning for further gains at the time.
Key Highlights:
Perpetual open interest rises across tokens
Perpetual futures open interest climbed significantly by 20% last week, particularly for ETH. Trading volumes also increased, with April 7, 2025 recording the highest daily volume for the month. The spike followed Trump’s comment: “Forget markets for a second, we have all the advantages.”
BTC option open interest shows a mixed picture; put-call skew in short tenor sends positive signals
President Trump’s recent willingness to negotiate a trade deal with China’s President Xi triggered a relief rally across asset classes, including crypto. Bitcoin had already risen 7% since Apr 21, 2025 prior to Trump’s comments. Despite this rally, open interest in puts has outpaced calls, with options volume remaining relatively balanced.
It’s unclear if the demand for puts reflects a hedge against downside risks, or a bet against the upward movement. Meanwhile, perpetual funding rates are providing limited insight into sentiment. However, the recovery of the put-call skew at short tenors indicates that traders are seeking upside exposure to the rally — and are willing to pay for it.
ETH outperforms BTC by 1% in the past week, signals rebound expectations
ETH led last week’s rally in spot markets — a rare occurrence in past relief rallies. Options data shows ETH calls nearly double puts in open interest, with calls also dominating volume. This suggests traders expect ETH to close its recent performance gap with BTC and competing chains like SUI and SOL. ETH’s term structure also inverted again, reflecting expectations of near-term price action.
Access the Full Report
For detailed insights, readers may download the full report.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/btc-pricing-alert-bitcoin-rebounds-as-trumps-trade-war-comments-ignite-market-rally—bybit-x-block-scholes-report-302439659.html
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