Market Overview:
The global SC GaAs market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for GaAs-based products in wireless communication and optoelectronic devices applications. The LEC Grown GaAs segment is expected to hold the largest share of the market during the forecast period, owing to its high efficiency and low cost. However, VGF Grown GaAs is projected to grow at a higher CAGR than other segments during the forecast period, as it offers several advantages over LEC Grown GaAs such as improved performance and reduced manufacturing costs.
Product Definition:
SC GaAs is a material used in optical communication. It has a high refractive index and low absorption loss, making it ideal for use in optical amplifiers and lasers.
LEC Grown GaAs:
The LEC grown GaAs is a new material, which has been developed by the researchers of Korea Institute of Science and Technology Information (KISTI) through low-temperature vacuum thermal evaporation method. The research was published in May 2017 in the journal Microelectronics Journal.
The key properties exhibited by this material are high electrical conductivity, large bandgap, and low density as compared to conventional materials such as CdTe or InGaN.
VGF Grown GaAs:
The Vertical GaAs (VGF) grown GaAs is a type of semiconductor material that consists of vertically aligned crystal grains. It has been developed as an alternative to conventional epitaxial growth methods for fabricating high-quality monocrystalline silicon wafers used in the manufacture of integrated circuits (IC). VGF grown GaAs provides several benefits such as low power consumption, high operating speed, and small size which are expected to fuel market demand over the forecast period.
Application Insights:
The wireless communication segment dominated the global GaAs market in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for high-speed wireless data transfer and communication services. Furthermore, growing demand for smart devices and consumer preference for advanced technology products are likely to propel industry growth over the coming years.
The optoelectronic devices application segment is projected to grow at a CAGR of XX% from 2018 to 2030 owingto increasing usage of advanced optoelectronic products in various end-use industries such as automotive, healthcare and aerospace & defense among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its lead over the forecast period owing to increasing demand for high-speed data communication networks and rapid development of smart cities. In addition, rising adoption of 5G technology is further anticipated to drive industry growth across this region.
The European regional market captured a revenue share of over 15% in 2017 owing to growing technological advancements across this region coupled with increased spending on defense & aerospace applications. Moreover, presence of major companies such as Airbus S.A.
Growth Factors:
- Increasing demand for GaAs-based optoelectronics in optical communication and data processing applications
- Proliferation of wireless communication technologies, such as 3G, 4G LTE, and 5G
- Growing demand for semiconductor lasers in industrial and medical applications
- Rising popularity of LED lighting fixtures with GaAs-based light emitting diodes (LEDs)
- Increasing use of GaAs substrates in the fabrication of power amplifiers for mobile devices
Scope Of The Report
Report Attributes
Report Details
Report Title
SC GaAs Market Research Report
By Type
LEC Grown GaAs, VGF Grown GaAs, Others
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, 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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global SC GaAs Market Report Segments:
The global SC GaAs 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
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
- Freiberger Compound Materials
Highlights of The SC 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:
- LEC Grown GaAs
- VGF Grown GaAs
- Others
- 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 SC 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?
SC GaAs is a type of gallium arsenide semiconductor. It is used in various electronic devices, including solar cells and light-emitting diodes (LEDs).
Some of the major companies in the sc gaas 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, Freiberger Compound Materials.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SC 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 SC GaAs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SC 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 SC 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 SC GaAs Market Size & Forecast, 2018-2028
4.5.1 SC GaAs Market Size and Y-o-Y Growth
4.5.2 SC GaAs Market Absolute $ Opportunity
Chapter 5 Global SC GaAs 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 SC GaAs 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 SC GaAs 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 SC GaAs Market Size Forecast by Applications
6.2.1 Wireless Communication
6.2.2 Optoelectronic Devices
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SC 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 SC 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 SC GaAs Analysis and Forecast
9.1 Introduction
9.2 North America SC GaAs 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 SC GaAs 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 SC GaAs Market Size Forecast by Applications
9.10.1 Wireless Communication
9.10.2 Optoelectronic Devices
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 SC GaAs Analysis and Forecast
10.1 Introduction
10.2 Europe SC GaAs 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 SC GaAs 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 SC GaAs Market Size Forecast by Applications
10.10.1 Wireless Communication
10.10.2 Optoelectronic Devices
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 SC GaAs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific SC GaAs 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 SC GaAs 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 SC GaAs Market Size Forecast by Applications
11.10.1 Wireless Communication
11.10.2 Optoelectronic Devices
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 SC GaAs Analysis and Forecast
12.1 Introduction
12.2 Latin America SC GaAs 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 SC GaAs 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 SC GaAs Market Size Forecast by Applications
12.10.1 Wireless Communication
12.10.2 Optoelectronic Devices
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) SC GaAs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) SC GaAs 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) SC GaAs 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) SC GaAs Market Size Forecast by Applications
13.10.1 Wireless Communication
13.10.2 Optoelectronic Devices
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 SC GaAs Market: Competitive Dashboard
14.2 Global SC GaAs 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 China Crystal Technologies
14.3.5 Shenzhou Crystal Technology
14.3.6 Tianjin Jingming Electronic Materials
14.3.7 Yunnan Germanium
14.3.8 DOWA Electronics Materials
14.3.9 II-VI Incorporated
14.3.10 IQE Corporation
14.3.11 Freiberger Compound Materials
