Market Overview:
The global gallium arsenide (GaAs) wafer market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for GaAs wafers in wireless communication and optoelectronic devices applications. In terms of type, LEC grown GaAs is expected to hold a major share of the market during the forecast period, owing to its superior performance characteristics as compared to VGF grown GaAs. In terms of application, wireless communication is expected to be the largest segment during the forecast period, followed by optoelectronic devices. North America is estimated to account for a major share of the global gallium arsenide (GaAs) wafer market in 2018 and is projected grow at a CAGR of 6%.
Product Definition:
A gallium arsenide (GaAs) wafer is a semiconductor material that is used in the fabrication of integrated circuits and other electronic devices. GaAs wafers are important because they can be used to create chips that are faster and more efficient than those made from other materials.
LEC Grown GaAs:
The Low-Emission Complementary Metal-Oxide (LEC) grown GaAs wafer market size was valued at USD 3.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
VGF Grown GaAs:
The Vertical GaAs (VGF) grown GaAs wafer market is estimated to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for high-performance and low-cost semiconductors in automotive, telecommunication & IT industries.
Growing adoption of VGF grown GaAs wafers in various applications such as power devices, opto-electronic components, RF devices.
Application Insights:
The wireless communication application segment accounted for the largest revenue share of over 40% in 2017. The segment is projected to witness significant growth over the forecast period owing to increasing demand for high-speed data transfer and communication products from mobile phones, tablets, and laptops coupled with growing adoption of 4G technology. Moreover, gallium arsenide based ongrown GaAs provides better performance than silicon carbide in wireless applications as it has higher electrical conductivity.
The optoelectronic devices application segment is expected to grow at a CAGR of XX% from 2018 to 2030 owingto increasing demand for advanced products such as HDDs (Hard Disk Drives), LCDs (Liquid Crystal Displays), OPDs (Optical Pickup Devices) and others that use InGaAsP or AlInP substrates grown using CZT technology. Growing usage of LED lighting across various end-use industries including automotive & transportation, consumer electronics etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Samsung Electronics Co., Ltd.; Sony Corporation; LG Electronics Inc.; Fujitsu Limited; and Panasonic Corporation has led to a high demand for consumer electronics, optoelectronics, automotive radars, medical equipment etc. Hence, increasing application areas are likely to drive industry growth over the coming years.
North America accounted for a significant share owing to growing technological advancements in semiconductor devices coupled with an increase in R&D activities by various universities & research institutes across U.S., Canada & Mexico.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for GaAs wafers from the optoelectronics and telecommunications sectors
- Rising demand for GaAs substrates in the LED market
- Growing popularity of GaN-on-GaAs devices in power electronics applications
- Proliferation of next-generation wireless communication standards such as 5G, WiGig, and mmWave that require high performance GaAs devices
- Advances in manufacturing technologies that are driving down the cost of producing GaAs wafers
Scope Of The Report
Report Attributes
Report Details
Report Title
Gallium Arsenide (GaAs) Wafer Market Research Report
By Type
LEC Grown GaAs, VGF Grown GaAs
By Application
Wireless Communication, Optoelectronic Devices
By Companies
Freiberger Compound Materials, AXT, Sumitomo Electric, China Crystal Technologies, Shenzhou Crystal Technology, Tianjin Jingming Electronic Materials, Yunnan Germanium, DOWA Electronics Materials, II-VI Incorporated, IQE Corporation, Wafer Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Gallium Arsenide (GaAs) Wafer Market Report Segments:
The global Gallium Arsenide (GaAs) Wafer market is segmented on the basis of:
Types
LEC Grown GaAs, VGF Grown GaAs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wireless Communication, Optoelectronic Devices
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Freiberger Compound Materials
- AXT
- Sumitomo Electric
- China Crystal Technologies
- Shenzhou Crystal Technology
- Tianjin Jingming Electronic Materials
- Yunnan Germanium
- DOWA Electronics Materials
- II-VI Incorporated
- IQE Corporation
- Wafer Technology
Highlights of The Gallium Arsenide (GaAs) Wafer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LEC Grown GaAs
- VGF Grown GaAs
- By Application:
- Wireless Communication
- Optoelectronic Devices
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gallium Arsenide (GaAs) Wafer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gallium arsenide (GaAs) wafer is a semiconductor material that has been used in the manufacture of electronic devices. It is an indirect bandgap material, meaning that it can be switched between two different energy levels by applying an electric field. This makes GaAs wafers particularly suited for use in light-emitting diodes (LEDs), which are often used as indicators and displays.
Some of the major players in the gallium arsenide (gaas) wafer market are Freiberger Compound Materials, AXT, Sumitomo Electric, China Crystal Technologies, Shenzhou Crystal Technology, Tianjin Jingming Electronic Materials, Yunnan Germanium, DOWA Electronics Materials, II-VI Incorporated, IQE Corporation, Wafer Technology.
The gallium arsenide (gaas) wafer market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gallium Arsenide (GaAs) Wafer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gallium Arsenide (GaAs) Wafer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gallium Arsenide (GaAs) Wafer Market - Supply Chain
4.5. Global Gallium Arsenide (GaAs) Wafer Market Forecast
4.5.1. Gallium Arsenide (GaAs) Wafer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gallium Arsenide (GaAs) Wafer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gallium Arsenide (GaAs) Wafer Market Absolute $ Opportunity
5. Global Gallium Arsenide (GaAs) Wafer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Type
5.3.1. LEC Grown GaAs
5.3.2. VGF Grown GaAs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gallium Arsenide (GaAs) Wafer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Application
6.3.1. Wireless Communication
6.3.2. Optoelectronic Devices
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gallium Arsenide (GaAs) Wafer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gallium Arsenide (GaAs) Wafer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gallium Arsenide (GaAs) Wafer Demand Share Forecast, 2019-2026
9. North America Gallium Arsenide (GaAs) Wafer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Application
9.4.1. Wireless Communication
9.4.2. Optoelectronic Devices
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Type
9.7.1. LEC Grown GaAs
9.7.2. VGF Grown GaAs
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gallium Arsenide (GaAs) Wafer Demand Share Forecast, 2019-2026
10. Latin America Gallium Arsenide (GaAs) Wafer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Application
10.4.1. Wireless Communication
10.4.2. Optoelectronic Devices
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Type
10.7.1. LEC Grown GaAs
10.7.2. VGF Grown GaAs
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gallium Arsenide (GaAs) Wafer Demand Share Forecast, 2019-2026
11. Europe Gallium Arsenide (GaAs) Wafer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Application
11.4.1. Wireless Communication
11.4.2. Optoelectronic Devices
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Type
11.7.1. LEC Grown GaAs
11.7.2. VGF Grown GaAs
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gallium Arsenide (GaAs) Wafer Demand Share, 2019-2026
12. Asia Pacific Gallium Arsenide (GaAs) Wafer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Application
12.4.1. Wireless Communication
12.4.2. Optoelectronic Devices
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Type
12.7.1. LEC Grown GaAs
12.7.2. VGF Grown GaAs
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gallium Arsenide (GaAs) Wafer Demand Share, 2019-2026
13. Middle East & Africa Gallium Arsenide (GaAs) Wafer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Application
13.4.1. Wireless Communication
13.4.2. Optoelectronic Devices
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gallium Arsenide (GaAs) Wafer Market Size and Volume Forecast by Type
13.7.1. LEC Grown GaAs
13.7.2. VGF Grown GaAs
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gallium Arsenide (GaAs) Wafer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gallium Arsenide (GaAs) Wafer Market: Market Share Analysis
14.2. Gallium Arsenide (GaAs) Wafer Distributors and Customers
14.3. Gallium Arsenide (GaAs) Wafer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Freiberger Compound Materials
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AXT
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sumitomo Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. China Crystal Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shenzhou Crystal Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tianjin Jingming Electronic Materials
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yunnan Germanium
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DOWA Electronics Materials
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. II-VI Incorporated
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IQE Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wafer Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook