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Stock impact report

Wide Bandgap Semiconductors Market to surpass USD 5 billion by 2032, Says Global Market Insights inc. [Yahoo! Finance]

STMicroelectronics N.V. (STM) 
Last stmicroelectronics n.v. earnings: 4/22 01:00 am Check Earnings Report
US:NYSE Investor Relations: investors.st.com
Company Research Source: Yahoo! Finance
Selbyville, Delaware, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Wide Bandgap Semiconductors Market was valued at USD 1.94 billion in 2023 and is projected to be worth USD 5 billion by the end of 2032, as per a recent study by Global Market Insights Inc. This growth is primarily driven by the rising demand for energy-efficient electronic devices. Wide bandgap (WBG) semiconductors are increasingly favored for their superior efficiency and performance, especially in high-power applications like electric vehicles (EVs) and renewable energy systems. These materials help reduce energy loss and minimize heat generation, making them critical for industries aiming to improve energy efficiency. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/11705 The GaN segment is poised for notable growth, with a forecasted CAGR of over 10%. GaN is particularly valued for its ability to offer lower energy losses, faster switching speeds, and enhanced thermal con Show less Read more
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