Global Gate Driver IC Market Research Report 2023-2028 - Increasing Implementation of Smart Grids for Effective Power Management Driving Lucrative Growth Opportunities
The global gate driver IC market size reached US$ 1.4 Billion in 2022.
- The global gate driver IC market size reached US$ 1.4 Billion in 2022.
- A gate driver IC is a power amplifier that accepts a low-power input from a controller IC and generates the necessary high-current gate drive for power devices.
- Gate Driver IC Market Trends:
The growing traction of smart homes among individuals across the globe represents one of the key factors driving the market. - Besides this, the increasing implementation of smart grids for effective power management is offering lucrative growth opportunities to industry investors.