Market Overview:
The global GaAs polished wafer market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for GaAs-based products, such as RF, LED and photonics devices, and photovoltaic cells. In addition, the growing demand for semiconductor devices in consumer electronics and telecommunications sectors is also contributing to the growth of this market. Based on type, LEC grown GaAs accounted for a major share of the global GaAs polished wafer market in 2017. This segment is expected to continue its dominance during the forecast period due to high demand from RF applications.
Product Definition:
A GaAs polished wafer is a semiconductor wafer that has been processed to a high degree of flatness and surface finish. This type of wafer is used in the fabrication of microwave and optical devices, such as lasers, light-emitting diodes (LEDs), and photodetectors. The importance of GaAs polished wafers lies in their ability to provide low levels of defects and high yields for these types of devices.
LEC Grown GaAs:
The LEC grown GaAs is a layer-by-layer growth of the epitaxial layer on the (100) surface of GaAs. It has been developed as an alternative to SiC and AlC surfaces for high power applications. The material exhibits low work function & high thermal conductivity which makes it suitable for use in power devices such as solar cells, LEDs, etc.
VGF Grown GaAs:
The VGF grown GaAs is a layer-by-layer growth of the epitaxial layer on the wafer. It is also called as vertical grow GaAs or VGFGaAS (Vertical Germanium As Strontium Titanate). The material used for growing layers vertically is called as “strontium titanate” and “germanium”.
Application Insights:
The RF application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rapid growth of wireless communication sector is primarily responsible for this growth as it provides excellent substrate for GaAs polishing process, thereby resulting in high product demand.
RF devices are used in numerous applications such as cell phones, microwave ovens, Bluetooth devices, satellite communications etc., which require low power consumption and efficient transmission. These factors are anticipated to boost the product demand from RF application segment over the next seven years.
The LED application segment was valued at USD 281 million in 2017 owing to increasing usage of light-emitting diodes (LED) products across various end-use industries including automotive & transportation lighting systems and digital signage display applications etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for electronic products, especially smartphones and tablets. China is a major consumer of these products, thus driving the regional market. In addition, growing production activities in key Asian countries such as Japan and India are anticipated to further drive product demand in this region.
The European regional market held a share of more than 20% in 2017 owing to high investments made by various governments towards research & development activities related to photovoltaic systems coupled with rising awareness regarding environmental protection measures taken by government organizations such as EU5 (European Union)6and ETSI (European Telecommunications Standards Institute). These factors are likely 7to boost product demand across Europe during the forecast period.
Growth Factors:
- Increasing demand for GaAs Polished Wafer from the optoelectronics and telecommunications sectors
- Rising demand for GaAs Polished Wafer in LED lighting applications
- Growing popularity of GaAs-based devices in consumer electronics market
- Proliferation of next-generation wireless communication standards that require GaAs substrates
- Technological advancements that improve the performance and efficiency of Gallium Arsenide devices
Scope Of The Report
Report Attributes
Report Details
Report Title
GaAs Polished Wafer Market Research Report
By Type
LEC Grown GaAs, VGF Grown GaAs, Others
By Application
RF, LED, Photonics, Photovoltaic
By Companies
Freiberger Compound Materials, AXT, Sumitomo Electric, Vital Advanced Material, China Crystal Technologies, Jiachang Technology, Yunnan Germanium, DOWA Electronics Materials, Freiberger Compound Materials
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global GaAs Polished Wafer Market Report Segments:
The global GaAs Polished Wafer market is segmented on the basis of:
Types
LEC Grown GaAs, VGF Grown GaAs, Others
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
RF, LED, Photonics, Photovoltaic
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
- Vital Advanced Material
- China Crystal Technologies
- Jiachang Technology
- Yunnan Germanium
- DOWA Electronics Materials
- Freiberger Compound Materials
Highlights of The GaAs Polished 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
- Others
- By Application:
- RF
- LED
- Photonics
- Photovoltaic
- 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 Polished 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.
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 Polished Wafer is a semiconductor material that has been polished to a very high degree of smoothness. It is used in electronic devices such as solar cells and lasers.
Some of the major companies in the gaas polished wafer market are Freiberger Compound Materials, AXT, Sumitomo Electric, Vital Advanced Material, China Crystal Technologies, Jiachang Technology, Yunnan Germanium, DOWA Electronics Materials, Freiberger Compound Materials.
The gaas polished wafer market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 GaAs Polished Wafer 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 Polished Wafer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 GaAs Polished Wafer 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 Polished Wafer 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 Polished Wafer Market Size & Forecast, 2018-2028
4.5.1 GaAs Polished Wafer Market Size and Y-o-Y Growth
4.5.2 GaAs Polished Wafer Market Absolute $ Opportunity
Chapter 5 Global GaAs Polished Wafer 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 GaAs Polished Wafer Market Size Forecast by Type
5.2.1 LEC Grown GaAs
5.2.2 VGF Grown GaAs
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global GaAs Polished Wafer 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 GaAs Polished Wafer Market Size Forecast by Applications
6.2.1 RF
6.2.2 LED
6.2.3 Photonics
6.2.4 Photovoltaic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GaAs Polished Wafer 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 Polished Wafer 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 GaAs Polished Wafer Analysis and Forecast
9.1 Introduction
9.2 North America GaAs Polished Wafer 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 GaAs Polished Wafer Market Size Forecast by Type
9.6.1 LEC Grown GaAs
9.6.2 VGF Grown GaAs
9.6.3 Others
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 GaAs Polished Wafer Market Size Forecast by Applications
9.10.1 RF
9.10.2 LED
9.10.3 Photonics
9.10.4 Photovoltaic
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 GaAs Polished Wafer Analysis and Forecast
10.1 Introduction
10.2 Europe GaAs Polished Wafer 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 GaAs Polished Wafer Market Size Forecast by Type
10.6.1 LEC Grown GaAs
10.6.2 VGF Grown GaAs
10.6.3 Others
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 GaAs Polished Wafer Market Size Forecast by Applications
10.10.1 RF
10.10.2 LED
10.10.3 Photonics
10.10.4 Photovoltaic
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 GaAs Polished Wafer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific GaAs Polished Wafer 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 GaAs Polished Wafer Market Size Forecast by Type
11.6.1 LEC Grown GaAs
11.6.2 VGF Grown GaAs
11.6.3 Others
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 GaAs Polished Wafer Market Size Forecast by Applications
11.10.1 RF
11.10.2 LED
11.10.3 Photonics
11.10.4 Photovoltaic
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 GaAs Polished Wafer Analysis and Forecast
12.1 Introduction
12.2 Latin America GaAs Polished Wafer 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 GaAs Polished Wafer Market Size Forecast by Type
12.6.1 LEC Grown GaAs
12.6.2 VGF Grown GaAs
12.6.3 Others
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 GaAs Polished Wafer Market Size Forecast by Applications
12.10.1 RF
12.10.2 LED
12.10.3 Photonics
12.10.4 Photovoltaic
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) GaAs Polished Wafer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) GaAs Polished Wafer 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) GaAs Polished Wafer Market Size Forecast by Type
13.6.1 LEC Grown GaAs
13.6.2 VGF Grown GaAs
13.6.3 Others
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) GaAs Polished Wafer Market Size Forecast by Applications
13.10.1 RF
13.10.2 LED
13.10.3 Photonics
13.10.4 Photovoltaic
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 Polished Wafer Market: Competitive Dashboard
14.2 Global GaAs Polished Wafer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Freiberger Compound Materials
14.3.2 AXT
14.3.3 Sumitomo Electric
14.3.4 Vital Advanced Material
14.3.5 China Crystal Technologies
14.3.6 Jiachang Technology
14.3.7 Yunnan Germanium
14.3.8 DOWA Electronics Materials
14.3.9 Freiberger Compound Materials
