Market Overview:
The global GaAs semiconductor device market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for GaAs semiconductor devices in various applications, such as automotive, consumer electronics, aerospace & defense, healthcare and others. Additionally, the growing demand for high-speed and power-efficient devices is also contributing to the growth of this market.
Product Definition:
A GaAs semiconductor device is a type of electronic component that uses gallium arsenide as its primary material. These devices are used in a variety of applications, including telecommunications, lasers and optical systems, and microwave systems. GaAs semiconductor devices are important because they offer many benefits over other types of electronic components, including high speed, low power consumption, and small size.
Power Semiconductors:
Power semiconductors are devices that can be used to convert electrical energy from a source of power into electrical conductivity for another device or system. They are widely used in applications such as solar cells, batteries, and electric vehicles. The growth factor in the GaAs semiconductor device market is high efficiency coupled with low cost of manufacturing which makes it suitable for use across various sectors including automotive & transportation, consumer electronics and renewable energy among others.
Opto Semiconductors:
Opto semiconductors are optoelectronic devices that include LED, laser, photodiode and other optoelectronic components. Opto-electronics is a branch of electronics which deals with the study and application of electronic devices and systems that make use of optical phenomenon for their operation or function.
Application Insights:
The consumer electronics segment is anticipated to emerge as the fastest-growing application segment over the forecast period. The growth can be attributed to increasing demand for high-tech products in daily use. Products such as smartphones, wearable devices and tablets are being increasingly manufactured using gallium arsenide semiconductor devices owing to their low power consumption and high performance capabilities.
The automotive sector is also expected to witness significant growth during the forecast period on account of rising product demand in various applications including infotainment systems, LED headlights/taillights, body electronics (airbags/ignition), engine control units (ECUs) and lighting components among others. Product manufacturers are investing heavily in research & development activities pertaining to GaAs semiconductor device applications within automobiles which is likely to drive market growth over the coming years.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017 and accounted for over 45% of the revenue share. The regional market will expand further at a steady CAGR from 2018 to 2030 owing to high product demand from various end-use industries, such as consumer electronics, automotive, and aerospace & defense.
The growing manufacturing sector in India is expected to drive the power semiconductor industry in this country. In addition, favorable government policies promoting investments through tax benefits are anticipated to boost domestic players' capacity expansion plans which is likely to propel product demand over the forecast period.
North America was estimated as one of the prominent regional markets for germanium semiconductors with significant shares due its large presence of key manufacturers such as Infineon Technologies; Qualcomm Inc.; Texas Instruments Inc.; and Avago Technologies Ltd., among others. However, it witnessed sluggish growth compared with other regions since 2016 on account of mature technologies adoption rate coupled with economic slowdown post-recession (2010).
Growth Factors:
- Increasing demand for GaAs semiconductor devices from the telecommunications and defense sectors
- Rising demand for GaAs-based optoelectronics devices in consumer electronics applications
- Growing popularity of GaN-on-GaAs power amplifiers in wireless communications systems
- Proliferation of next-generation 5G networks and the need for high-performance RF components
- Advances in manufacturing technologies that are driving down the cost of producing GaAs semiconductor devices
Scope Of The Report
Report Attributes
Report Details
Report Title
GaAs Semiconductor Device Market Research Report
By Type
Power Semiconductors, Opto Semiconductors, RF Semiconductors
By Application
Automotive, Consumer Electronics, Aerospace & Defense, Healthcare, Others
By Companies
Skyworks, Qorvo, Broadcom, WIN Semi, SEI, Murata, MACOM, ADI, Mitsubishi, Sony
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global GaAs Semiconductor Device Market Report Segments:
The global GaAs Semiconductor Device market is segmented on the basis of:
Types
Power Semiconductors, Opto Semiconductors, RF Semiconductors
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
Automotive, Consumer Electronics, Aerospace & Defense, Healthcare, Others
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:
- Skyworks
- Qorvo
- Broadcom
- WIN Semi
- SEI
- Murata
- MACOM
- ADI
- Mitsubishi
- Sony
Highlights of The GaAs Semiconductor Device 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:
- Power Semiconductors
- Opto Semiconductors
- RF Semiconductors
- By Application:
- Automotive
- Consumer Electronics
- Aerospace & Defense
- Healthcare
- Others
- 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 Semiconductor Device 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 semiconductor device is a type of electronic component that uses gallium arsenide as its main material. GaAs devices are used in a variety of applications, including telecommunications, computer chips and solar cells.
Some of the major companies in the gaas semiconductor device market are Skyworks, Qorvo, Broadcom, WIN Semi, SEI, Murata, MACOM, ADI, Mitsubishi, Sony.
The gaas semiconductor device 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 Semiconductor Device 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 Semiconductor Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 GaAs Semiconductor Device 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 Semiconductor Device 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 Semiconductor Device Market Size & Forecast, 2020-2028
4.5.1 GaAs Semiconductor Device Market Size and Y-o-Y Growth
4.5.2 GaAs Semiconductor Device 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 Power Semiconductors
5.2.2 Opto Semiconductors
5.2.3 RF Semiconductors
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 Automotive
6.2.2 Consumer Electronics
6.2.3 Aerospace & Defense
6.2.4 Healthcare
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GaAs Semiconductor Device 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 Semiconductor Device 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 Power Semiconductors
9.6.2 Opto Semiconductors
9.6.3 RF Semiconductors
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 Automotive
9.10.2 Consumer Electronics
9.10.3 Aerospace & Defense
9.10.4 Healthcare
9.10.5 Others
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 Power Semiconductors
10.6.2 Opto Semiconductors
10.6.3 RF Semiconductors
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 Automotive
10.10.2 Consumer Electronics
10.10.3 Aerospace & Defense
10.10.4 Healthcare
10.10.5 Others
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 Power Semiconductors
11.6.2 Opto Semiconductors
11.6.3 RF Semiconductors
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 Automotive
11.10.2 Consumer Electronics
11.10.3 Aerospace & Defense
11.10.4 Healthcare
11.10.5 Others
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 Power Semiconductors
12.6.2 Opto Semiconductors
12.6.3 RF Semiconductors
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 Automotive
12.10.2 Consumer Electronics
12.10.3 Aerospace & Defense
12.10.4 Healthcare
12.10.5 Others
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 Power Semiconductors
13.6.2 Opto Semiconductors
13.6.3 RF Semiconductors
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 Automotive
13.10.2 Consumer Electronics
13.10.3 Aerospace & Defense
13.10.4 Healthcare
13.10.5 Others
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 Semiconductor Device Market: Competitive Dashboard
14.2 Global GaAs Semiconductor Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Skyworks
14.3.2 Qorvo
14.3.3 Broadcom
14.3.4 WIN Semi
14.3.5 SEI
14.3.6 Murata
14.3.7 MACOM
14.3.8 ADI
14.3.9 Mitsubishi
14.3.10 Sony
