Market Overview:
The global VGF Grown GaAs market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for GaAs in wireless communication and optoelectronic devices applications. Some of the key players operating in this market are Cree, Inc. (U.S.), II-VI Marlow Industries, Inc.(U.S.), Qorvo, Inc.(U.S.), and Skyworks Solutions, Inc.(U.S.).
Product Definition:
Vertical Grown GaAs is a material that can be used in electronic devices and circuits. It is grown vertically, as opposed to other materials that are usually grown horizontally. This type of growth results in a higher quality of the material, which makes it useful for certain applications.
2 Inch:
2 inch is a device that measures the thickness of spinal cord and brain. It's main function is to measure the size of Vagus nerve, which controls the heart rate and also monitors diseases such as Fibromyalgia.
It's another important use is in measuring growth factors in VGF grown GaAs market. 2 inches are used for monitoring blood flow during angiography procedures because it has high sensitivity & resolution than other devices available in market at present time.
3 Inch:
3 inch is a standard gauge used in the VGF grown GaAs market. It has been used as a key parameter for ranking and evaluating the quality of materials and their suitability for high-temperature applications. The 3-inch gauge is also referred to as 33 mm, which is the diameter of an average wire in American electrical standards.
The 3 inch (76 mm) gauge was initially developed by ABB Ltd.
Application Insights:
The global market is segmented by application into wireless communication, optoelectronic devices and others. The wireless communication segment dominated the overall industry in terms of revenue as well as volume in 2017. This can be attributed to the growing demand for VGF-based products from various end-use industries such as consumer electronics, telecommunication and automotive which are involved in short range communications applications.
The optoelectronic devices segment is expected to grow at a lucrative rate over the forecast period owing to increasing usage of gallium arsenide based photonics products across diverse end-use industries such as medical diagnostics equipment, high performance computing systems and laser technologies among others. Furthermore, rapid developments along with technological advancements are anticipated to further boost product adoption across multiple applications areas thereby driving growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to various factors such as increasing government funding for VGF technology, presence of a large number of research organizations and universities involved in R&D activities, and high adoption rate of advanced technologies. Moreover, growing demand for miniaturization along with advancements in electronics manufacturing processes is expected to drive the North American regional market over the forecast period.
The Asia Pacific region accounted for a revenue share exceeding 15% owing to rising investments by governments & public agencies and private companies toward development & commercialization of GaAs-based VGF devices used across several applications such as medical imaging devices, solar cells/panels/array etc. Furthermore, favorable government policies encouraging domestic production levels are anticipated to further boost industry expansion over the next eight years.
Growth Factors:
- Increased demand for GaAs in optoelectronics and high-power electronics applications
- Proliferation of wireless communication technologies and the need for more efficient and higher-performing semiconductors
- Growing demand from the automotive industry for semiconductor components that can improve fuel efficiency
- Increasing use of GaAs in solar energy applications
- Development of new manufacturing processes that reduce the cost of producing GaAs
Scope Of The Report
Report Attributes
Report Details
Report Title
VGF Grown GaAs Market Research Report
By Type
2 Inch, 3 Inch, 4 Inch, 6 Inch
By Application
Wireless Communication, Optoelectronic Devices
By Companies
Freiberger Compound Materials, AXT, China Crystal Technologies, Shenzhou Crystal Technology, Tianjin Jingming Electronic Materials, 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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global VGF Grown GaAs Market Report Segments:
The global VGF Grown GaAs market is segmented on the basis of:
Types
2 Inch, 3 Inch, 4 Inch, 6 Inch
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
- China Crystal Technologies
- Shenzhou Crystal Technology
- Tianjin Jingming Electronic Materials
- Yunnan Germanium
- DOWA Electronics Materials
- Freiberger Compound Materials
Highlights of The VGF Grown 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:
- 2 Inch
- 3 Inch
- 4 Inch
- 6 Inch
- 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 VGF Grown 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?
VGF grown GaAs is a type of gallium arsenide that has been grown on a substrate with gallium nitride.
Some of the key players operating in the vgf grown gaas market are Freiberger Compound Materials, AXT, China Crystal Technologies, Shenzhou Crystal Technology, Tianjin Jingming Electronic Materials, Yunnan Germanium, DOWA Electronics Materials, Freiberger Compound Materials.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 VGF Grown 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 VGF Grown GaAs Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 VGF Grown 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 VGF Grown 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 VGF Grown GaAs Market Size & Forecast, 2018-2028 4.5.1 VGF Grown GaAs Market Size and Y-o-Y Growth 4.5.2 VGF Grown GaAs Market Absolute $ Opportunity
Chapter 5 Global VGF Grown 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 VGF Grown GaAs Market Size Forecast by Type
5.2.1 2 Inch
5.2.2 3 Inch
5.2.3 4 Inch
5.2.4 6 Inch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global VGF Grown 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 VGF Grown 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 VGF Grown 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 VGF Grown 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 VGF Grown GaAs Analysis and Forecast
9.1 Introduction
9.2 North America VGF Grown 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 VGF Grown GaAs Market Size Forecast by Type
9.6.1 2 Inch
9.6.2 3 Inch
9.6.3 4 Inch
9.6.4 6 Inch
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 VGF Grown 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 VGF Grown GaAs Analysis and Forecast
10.1 Introduction
10.2 Europe VGF Grown 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 VGF Grown GaAs Market Size Forecast by Type
10.6.1 2 Inch
10.6.2 3 Inch
10.6.3 4 Inch
10.6.4 6 Inch
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 VGF Grown 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 VGF Grown GaAs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific VGF Grown 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 VGF Grown GaAs Market Size Forecast by Type
11.6.1 2 Inch
11.6.2 3 Inch
11.6.3 4 Inch
11.6.4 6 Inch
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 VGF Grown 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 VGF Grown GaAs Analysis and Forecast
12.1 Introduction
12.2 Latin America VGF Grown 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 VGF Grown GaAs Market Size Forecast by Type
12.6.1 2 Inch
12.6.2 3 Inch
12.6.3 4 Inch
12.6.4 6 Inch
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 VGF Grown 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) VGF Grown GaAs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) VGF Grown 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) VGF Grown GaAs Market Size Forecast by Type
13.6.1 2 Inch
13.6.2 3 Inch
13.6.3 4 Inch
13.6.4 6 Inch
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) VGF Grown 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 VGF Grown GaAs Market: Competitive Dashboard
14.2 Global VGF Grown 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 China Crystal Technologies
14.3.4 Shenzhou Crystal Technology
14.3.5 Tianjin Jingming Electronic Materials
14.3.6 Yunnan Germanium
14.3.7 DOWA Electronics Materials
14.3.8 Freiberger Compound Materials