Market Overview:
The global GaAs market is expected to reach USD 2.5 billion by 2030, registering a CAGR of 6.8% during the forecast period 2018-2030. The growth in the global GaAs market can be attributed to the increasing demand for GaAs wafers from the electronics and solar cells and detectors segments, and rising demand for light-emitting devices (LEDs) across the globe. In addition, growing adoption of GaAs diodes in various applications is also propelling the growth of this market.
Product Definition:
Gallium arsenide is a type of semiconductor that has unique electrical properties that make it ideal for use in high-speed, wireless communication devices and other electronics.
GaAs Wafers‎:
GaAs Wafers are crystalline silicon-based microstructures used in semiconductors. They have a thickness of 100 - 300 nm and a width of 1.2 - 2.4 mm, depending on the application area.
GaAs PIN Diodes:
GaAs PIN (Power Induced NOV) diodes are power-efficient, small in size and can be easily integrated into various devices. GaAs PIN diode is a type of semiconductor material that has an extremely small bandgap, which makes it an excellent candidate for use as a switchable device.
Application Insights:
The electronics segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for consumer electronics products, such as smartphones and wearable devices, across the globe. In addition, technological advancements in semiconductor manufacturing are expected to drive industry growth over the coming years.
GaAs substrates are used in various applications including solar cells and detectors as well as light-emitting diodes (LEDs). The growing adoption of LEDs across end-use industries is expected to positively impact product demand during the forecast period. GaAs substrates have high thermal conductivity which makes them suitable for use in heat spreaders that facilitate efficient heat dissipation from chipsets used within LED drivers.
Other applications include energy storage devices such as super capacitors and batteries along with diode application segments that include photodiodes.
Regional Analysis:
North America dominated the global market in 2017 owing to early adoption ofgallium arsenide-based products. The region is expected to witness a CAGR of XX% during the forecast period. This can be attributed to increasing investments in R&D and growing demand for electronics devices, LEDs, solar cells and detectors.
The Asia Pacific regional market accounted for over 25% of the total revenue share in 2017 on account of rapid growth opportunities offered by emerging economies such as China and India. In addition, rising government initiatives towards promoting manufacturing activities coupled with favorable regulations aimed at encouraging domestic production are expected to drive industry expansion over the coming years.
Growth Factors:
- Increased demand for GaAs in the telecommunications sector due to its superior performance in terms of bandwidth, efficiency and heat dissipation.
- Proliferation of smartphones and other mobile devices that use GaAs-based semiconductors for their high-speed wireless communication capabilities.
- Growing demand from the defense sector for GaAs-based infrared detectors, laser diodes and amplifiers used in night vision systems, target acquisition systems and missile guidance systems.
- Increasing use of GaAs substrates by the solar energy industry to manufacture high efficiency photovoltaic cells.
- Development of new applications for GaAs such as solid state lighting, medical imaging and automotive electronics that will spur further growth in this market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
GaAs Market Research Report
By Type
GaAs Wafers, GaAs PIN Diodes
By Application
Electronics, Solar Cells and Detectors, Light-Emission Devices, Diodes, Other
By Companies
MITSUBISHI ELECTRIC, Sumitomo Electric, Freiberger, Hitachi, AXT, IQE, IntelliEPI, RF Micro Device, Anadigics, AWSCGiga Epitaxy, Beijing Tongmei, China Crystal Technologies, JMEM, Zhongke Jiaying, Beijing Guorui, SDFEG
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global GaAs Market Report Segments:
The global GaAs market is segmented on the basis of:
Types
GaAs Wafers, GaAs PIN Diodes
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
Electronics, Solar Cells and Detectors, Light-Emission Devices, Diodes, Other
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:
- MITSUBISHI ELECTRIC
- Sumitomo Electric
- Freiberger
- Hitachi
- AXT
- IQE
- IntelliEPI
- RF Micro Device
- Anadigics
- AWSCGiga Epitaxy
- Beijing Tongmei
- China Crystal Technologies
- JMEM
- Zhongke Jiaying
- Beijing Guorui
- SDFEG
Highlights of The GaAs 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:
- GaAs Wafers
- GaAs PIN Diodes
- By Application:
- Electronics
- Solar Cells and Detectors
- Light-Emission Devices
- Diodes
- Other
- 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 GaAs 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
GaAs is a type of semiconductor material that can be used in electronic devices. It has a high electron mobility, making it an excellent choice for use in transistors and other electronic components.
Some of the major players in the gaas market are MITSUBISHI ELECTRIC, Sumitomo Electric, Freiberger, Hitachi, AXT, IQE, IntelliEPI, RF Micro Device, Anadigics, AWSCGiga Epitaxy, Beijing Tongmei, China Crystal Technologies, JMEM, Zhongke Jiaying, Beijing Guorui, SDFEG.
The gaas market is expected to grow at a compound annual growth rate of 6.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 GaAs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 GaAs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 GaAs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the GaAs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global GaAs Market Size & Forecast, 2020-2028
4.5.1 GaAs Market Size and Y-o-Y Growth
4.5.2 GaAs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 GaAs Wafers
5.2.2 GaAs PIN Diodes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Solar Cells and Detectors
6.2.3 Light-Emission Devices
6.2.4 Diodes
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GaAs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 GaAs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 GaAs Wafers
9.6.2 GaAs PIN Diodes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Solar Cells and Detectors
9.10.3 Light-Emission Devices
9.10.4 Diodes
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 GaAs Wafers
10.6.2 GaAs PIN Diodes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Solar Cells and Detectors
10.10.3 Light-Emission Devices
10.10.4 Diodes
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 GaAs Wafers
11.6.2 GaAs PIN Diodes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Solar Cells and Detectors
11.10.3 Light-Emission Devices
11.10.4 Diodes
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 GaAs Wafers
12.6.2 GaAs PIN Diodes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Solar Cells and Detectors
12.10.3 Light-Emission Devices
12.10.4 Diodes
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 GaAs Wafers
13.6.2 GaAs PIN Diodes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Solar Cells and Detectors
13.10.3 Light-Emission Devices
13.10.4 Diodes
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 GaAs Market: Competitive Dashboard
14.2 Global GaAs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MITSUBISHI ELECTRIC
14.3.2 Sumitomo Electric
14.3.3 Freiberger
14.3.4 Hitachi
14.3.5 AXT
14.3.6 IQE
14.3.7 IntelliEPI
14.3.8 RF Micro Device
14.3.9 Anadigics
14.3.10 AWSCGiga Epitaxy
14.3.11 Beijing Tongmei
14.3.12 China Crystal Technologies
14.3.13 JMEM
14.3.14 Zhongke Jiaying
14.3.15 Beijing Guorui
14.3.16 SDFEG
