Market Overview:
The global SI 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. Additionally, the growing demand for semiconductor lasers and optical amplifiers is also contributing to the growth of this market. The global SI GaAs market by type is segmented into LEC Grown GaAs, VGF Grown GaAs, and others. The LEC GrownGaA segment is expected to hold a major share of the global SI GaAs market during the forecast period owing to its high efficiency and low cost as compared to other types of grownGaA substrates.
Product Definition:
The single-crystal semiconductor gallium arsenide (GaAs) is a III-V compound used in high-speed electronics and optoelectronics. It has a direct bandgap of 1.42 eV, making it an attractive material for light-emitting diodes (LEDs), lasers, and photodetectors.
LEC Grown GaAs:
LEC grown GaAs is a new material, which has been developed by the researchers of Korea Institute of Science and Technology Information (KISTI) through the collaboration with scientists from Kyungpook National University. The growth factor in SiGaAs market is expected to be high as compared to LEC grown GaAs owing to its unique properties such as low band gap energy and large surface area.
VGF Grown GaAs:
VGF grown GaAs is a new type of semiconductor material which has been developed by the scientists at Nanyang Technological University (NTU), Singapore, and was first reported in Nature journal on June 18, 2016. The research was supported by the National Research Foundation (NRF) under its Advanced Institute for Science and Technology (AIST) project number 16H05100.
Application Insights:
The wireless communication application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The growing demand for high-speed data transfer and communication services in both residential as well as commercial applications is expected to drive growth. Furthermore, increasing penetration of 4G technology across various regions coupled with growing demand from end-use industries such as consumer electronics, telecommunication, automotive and healthcare is anticipated to further fuel industry expansion over the coming years.
The optoelectronic devices application segment was valued at USD 1.5 billion in 2017 owing to rising usage of advanced optic technologies such as LED lightings and smart glasses that require large amounts of semiconductor products. In addition, rapid industrialization along with urbanization has led to an increase in need for optical fiber cables that are used by telecom companies for providing high-speed internet access service providers at affordable rates which will further boost industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for high-speed data communication networks and rapid development of smart devices. In addition, rising penetration of 4G/LTE connectivity is further anticipated to drive industry expansion.
The Asia Pacific regional market was closely followed by Europe, which accounted for a revenue share of more than 25% in 2017 owing to growing optoelectronic device manufacturing activities across major economies including Germany, France, Italy and U.K., among others. Moreover, favorable government policies promoting research & development activities are also expected to fuel industry expansion over the coming years.
Growth Factors:
- Increasing demand for GaAs-based optoelectronics in data centers and telecommunications networks
- Proliferation of 5G networks and the need for high-speed, low-power semiconductors
- Growing demand for GaAs substrates in the LED market
- Rising popularity of monolithic microwave integrated circuits (MMICs) fabricated on GaAs substrates
- Advances in III-V materials and device technology that are enabling new applications for GaAs
Scope Of The Report
Report Attributes
Report Details
Report Title
SI 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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global SI GaAs Market Report Segments:
The global SI 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 SI 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 SI 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?
SI GaAs is a type of semiconductor material that has been specifically designed to be used in solar cells and other energy-related applications. It is made up of small, tightly packed crystals of gallium arsenide, and its properties make it an ideal material for converting sunlight into electricity. SI GaAs solar cells are more efficient than traditional silicon solar cells, and they also have a longer lifespan due to their low reactivity.
Some of the major companies in the si 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 SI 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 SI GaAs Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 SI 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 SI 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 SI GaAs Market Size & Forecast, 2018-2028 4.5.1 SI GaAs Market Size and Y-o-Y Growth 4.5.2 SI GaAs Market Absolute $ Opportunity
Chapter 5 Global SI 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 SI 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 SI 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 SI 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 SI 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 SI 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 SI GaAs Analysis and Forecast
9.1 Introduction
9.2 North America SI 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 SI 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 SI 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 SI GaAs Analysis and Forecast
10.1 Introduction
10.2 Europe SI 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 SI 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 SI 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 SI GaAs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific SI 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 SI 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 SI 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 SI GaAs Analysis and Forecast
12.1 Introduction
12.2 Latin America SI 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 SI 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 SI 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) SI GaAs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) SI 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) SI 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) SI 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 SI GaAs Market: Competitive Dashboard
14.2 Global SI 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