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Gallium Arsenide Components Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR43058
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The gallium arsenide components market share is expected to increase by USD 2.65 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5.65%.

This gallium arsenide components market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers gallium arsenide components market segmentation by application (mobile devices, wireless communication, and others) and geography (APAC, North America, Europe, South America, and MEA). The gallium arsenide components market report also offers information on several market vendors, including Advanced Wireless Semiconductor Co., Analog Devices Inc., AXT Inc., Broadcom Inc., II-VI Inc., NXP Semiconductors NV, Qorvo Inc., Skyworks Solutions Inc., Sumitomo Electric Industries Ltd., and Umicore among others.

What will the Gallium Arsenide Components Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Gallium Arsenide Components Market Size for the Forecast Period and Other Important Statistics

 

Gallium Arsenide Components Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rising adoption of smartphones and tablets is notably driving the gallium arsenide components market growth, although factors such as the availability of alternative devices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the gallium arsenide components industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Gallium Arsenide Components Market Driver

The rising adoption of smartphones and tablets is one of the key drivers supporting the gallium arsenide components market growth. Shipments of smartphones will reach more than 2 billion units by 2020 due to the availability of low-cost smartphones in emerging markets such as China and India and increasing internet penetration worldwide. The growth in the shipments of smartphones will drive the demand for GaAs components used in mobile handsets, particularly GaAs power amplifiers. Smartphones currently require more GaAs content, as they need many frequency bands to accommodate 3G and 4G networks. The increasing demand for tablets is also contributing to market growth. There are many local market participants that have started introducing tablets in their respective countries. Such local vendors' participation will drive market growth during the forecast period.

Key Gallium Arsenide Components Market Trend

Increasing collaborations among vendors is another factor supporting the gallium arsenide components market growth. For instance, in February 2019, Sumitomo Electric Industries Ltd. and Optoscribe, a Scottish supplier of 3D glass-based integrated photonic components, entered into a strategic collaboration to provide multicore fiber (MCF) components for datacom and telecom applications. This strategic agreement is expected to help the market for practical use cases of former’s MCF interconnects, which is particularly true for 4 core or greater MCF with fan-in/fan-out components based on 3D glass-based photonic circuits technology in datacom applications where ultra-high density optical interconnect is required. Thus, the collaborations among vendors are expected to have a positive impact on the growth of the market during the forecast period.

Key Gallium Arsenide Components Market Challenge

The availability of alternative devices is one of the factors hindering the gallium arsenide components market growth. Since 2012, GaN, SiGe, LDMOS, and CMOS devices have emerged as alternatives to GaAs devices. Power amplifiers use GaN and LDMOS devices, while SiGe devices are increasingly used in low-noise amplifier (LNA) applications. CMOS power amplifiers are being used in entry-level phones and are expected to be used in smartphones as well. Therefore, the end-user segments served by GaAs components are now being targeted by these alternative technologies. On the other hand, GaAs can only operate at a maximum of 14 V (volts). To cater to high-voltage requirements, high-power RF semiconductor companies use non-silicon substrates such as GaN. This could significantly lower the demand for GaAs components during the forecast period.

This gallium arsenide components market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the gallium arsenide components market as a part of the global semiconductor equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the gallium arsenide components market during the forecast period.

Who are the Major Gallium Arsenide Components Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Advanced Wireless Semiconductor Co.
  • Analog Devices Inc.
  • AXT Inc.
  • Broadcom Inc.
  • II-VI Inc.
  • NXP Semiconductors NV
  • Qorvo Inc.
  • Skyworks Solutions Inc.
  • Sumitomo Electric Industries Ltd.
  • Umicore

 

This statistical study of the gallium arsenide components market encompasses successful business strategies deployed by the key vendors. The gallium arsenide components market is fragmented and the vendors are deploying growth strategies such as price, quality, technology, brand identity, and distribution to compete in the market.

Product Insights and News

  • Broadcom Inc. - The company offers gallium arsenide (GaAs) lasers and photo detectors for optical communication systems.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The gallium arsenide components market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Gallium Arsenide Components Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the gallium arsenide components market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the semiconductor equipment market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Gallium Arsenide Components Market?

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78% of the market’s growth will originate from APAC during the forecast period. South Korea (Republic of Korea), China, India, and Taiwan are the key markets for gallium arsenide components market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Increasing demand for power applications, along with the presence of high-growth economies will facilitate the gallium arsenide components market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

Since early 2020, many countries have been imposing nationwide lockdowns to prevent the community's spread of the disease. The outbreak of COVID-19 affected the economy, supply chains, and the industrial and commercial sectors in the region. However, once travel restrictions are eased and the manufacturing units of various products and solutions begin to operate at full capacity with the containment of the disease, the regional market is expected to witness growth during the latter half of the forecast period.

What are the Revenue-generating Application Segments in the Gallium Arsenide Components Market?

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The gallium arsenide components market share growth by the mobile devices segment will be significant during the forecast period. The mobile devices segment of the market is likely to grow moderately during the forecast period. The demand for GaAs components in the segment primarily stemmed from the increase in the adoption of communication devices such as smartphones. With the rise in global smartphone shipments, the demand for GaAs components has increased. Also, the rise in data consumption via mobile phones through wireless networks has paved the way for the high demand for GaAs components in the segment. Thus, the rising demand for smartphones across the world will boost the demand for gallium arsenide components during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the gallium arsenide components market size and actionable market insights on post COVID-19 impact on each segment.

 

Gallium Arsenide Components Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.65%

Market growth 2021-2025

$ 2.65 billion

Market structure

Fragmented

YoY growth (%)

5.04

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 78%

Key consumer countries

South Korea (Republic of Korea), China, US, India, and Taiwan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Advanced Wireless Semiconductor Co., Analog Devices Inc., AXT Inc., Broadcom Inc., II-VI Inc., NXP Semiconductors NV, Qorvo Inc., Skyworks Solutions Inc., Sumitomo Electric Industries Ltd., and Umicore

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Gallium Arsenide Components Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive gallium arsenide components market growth during the next five years
  • Precise estimation of the gallium arsenide components market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the gallium arsenide components industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of gallium arsenide components market vendors

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1. Executive Summary                           

2. Market Landscape                             

                2.1 Market ecosystem             

                                2.1.1 Parent market

                                Exhibit 01:  Parent market

                                Exhibit 02:  Market characteristics

                2.2 Value chain analysis           

                                Exhibit 03:  Value chain analysis for personal products market

                                2.2.1 Inputs

                                2.2.2 Inbound logistics

                                2.2.3 Operations

                                2.2.4 Outbound logistics

                                2.2.5 Marketing and sales

                                2.2.6 Service

3. Market Sizing                       

                3.1 Market definition

                                Exhibit 04:  Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 05:  Market segments

                3.3 Market size 2020 

                3.4 Market outlook: Forecast for 2020 - 2025 

                                3.4.1 Estimating growth rates for emerging and high-growth markets

                                3.4.2 Estimating growth rates for mature markets

                                Exhibit 06:  Global - Market size and forecast 2020 - 2025 ($ million)

                                Exhibit 07:  Global market: Year-over-year growth 2020 - 2025 (%)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 08:  Five forces analysis 2020 & 2025

                4.2 Bargaining power of buyers           

                                Exhibit 09:  Bargaining power of buyers

                4.3 Bargaining power of suppliers       

                                Exhibit 10: Bargaining power of suppliers

                4.4 Threat of new entrants    

                                Exhibit 11:  Threat of new entrants

                4.5 Threat of substitutes         

                                Exhibit 12: Threat of substitutes

                4.6 Threat of rivalry   

                                Exhibit 13: Threat of rivalry

                4.7 Market condition

                                Exhibit 14:  Market condition - Five forces 2020

5. Market Segmentation by Application                       

                5.1 Market segments

                                The segments covered in this chapter are:

  • Mobile devices
  • Wireless communication
  • Others

                                Exhibit 15:  Application - Market share 2020-2025 (%)

                5.2 Comparison by Application             

                                Exhibit 16:  Comparison by Application

                5.3 Mobile devices - Market size and forecast 2020-2025           

                                Exhibit 17:  Mobile devices - Market size and forecast 2020-2025 ($ million)

                                Exhibit 18:  Mobile devices - Year-over-year growth 2020-2025 (%)

                5.4 Wireless communication - Market size and forecast 2020-2025       

                                Exhibit 19:  Wireless communication - Market size and forecast 2020-2025 ($ million)

                                Exhibit 20:  Wireless communication - Year-over-year growth 2020-2025 (%)

                5.5 Others - Market size and forecast 2020-2025           

                                Exhibit 21:  Others - Market size and forecast 2020-2025 ($ million)

                                Exhibit 22:  Others - Year-over-year growth 2020-2025 (%)

                5.6 Market opportunity by Application              

                                Exhibit 23:  Market opportunity by Application

6. Customer landscape                         

                                Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                Exhibit 24:  Customer landscape

7. Geographic Landscape                     

                7.1 Geographic segmentation

                                The regions covered in the report are:

  • APAC
  • North America
  • Europe
  • South America
  • MEA

                                Exhibit 25:  Market share by geography 2020-2025 (%)

                7.2 Geographic comparison   

                                Exhibit 26:  Geographic comparison

                7.3 APAC - Market size and forecast 2020-2025              

                                Exhibit 27:  APAC - Market size and forecast 2020-2025 ($ million)

                                Exhibit 28:  APAC - Year-over-year growth 2020-2025 (%)

                7.4 North America - Market size and forecast 2020-2025           

                                Exhibit 29:  North America - Market size and forecast 2020-2025 ($ million)

                                Exhibit 30:  North America - Year-over-year growth 2020-2025 (%)

                7.5 Europe - Market size and forecast 2020-2025          

                                Exhibit 31:  Europe - Market size and forecast 2020-2025 ($ million)

                                Exhibit 32:  Europe - Year-over-year growth 2020-2025 (%)

                7.6 South America - Market size and forecast 2020-2025           

                                Exhibit 33:  South America - Market size and forecast 2020-2025 ($ million)

                                Exhibit 34:  South America - Year-over-year growth 2020-2025 (%)

                7.7 MEA - Market size and forecast 2020-2025               

                                Exhibit 35:  MEA - Market size and forecast 2020-2025 ($ million)

                                Exhibit 36:  MEA - Year-over-year growth 2020-2025 (%)

                7.8 Key leading countries        

                                Exhibit 37:  Key leading countries

                7.9 Market opportunity by geography

                                Exhibit 38:  Market opportunity by geography ($ million)

8. Drivers, Challenges, and Trends                   

                8.1 Market Drivers

                              8.1.1 Rising adoption of smartphones and tablets

                                8.1.2 Increased demand for data

                                8.1.3 Faster product replacement cycle and increased design complexity

                8.2 Market challenges              

                                8.2.1 Availability of alternative devices

                                8.2.2 Slowdown in smartphone market growth

                                8.2.3 High cost of production

                                Exhibit 39:  Impact of drivers and challenges

                8.3 Market trends      

                                8.3.1 Increasing collaborations among vendors

                                8.3.2 Increasing adoption of 4G and 5G networks

                                8.3.3 The emergence of high-powered electronic devices

9. Vendor Landscape                             

                9.1 Vendor landscape

                9.2 Vendor landscape

                                Exhibit 40:  Vendor landscape

                9.3 Landscape disruption        

                                Exhibit 41:  Landscape disruption

10. Vendor Analysis               

                10.1 Vendors covered              

                                Exhibit 42:  Vendors covered

                10.2 Market positioning of vendors    

                                Exhibit 43: Market positioning of vendors

                10.3 Advanced Wireless Semiconductor Co.   

                                Exhibit 44:  Advanced Wireless Semiconductor Co. - Overview

                                Exhibit 45:  Advanced Wireless Semiconductor Co. - Product and service

                                Exhibit 46:  Advanced Wireless Semiconductor Co. - Key offerings

                10.4 Analog Devices Inc.          

                                Exhibit 47:  Analog Devices Inc. - Overview

                                Exhibit 48:  Analog Devices Inc. - Business segments

                                Exhibit 49:  Analog Devices Inc. - Key news

                                Exhibit 50:  Analog Devices Inc. - Key offerings

                                Exhibit 51:  Analog Devices Inc. - Segment focus

                10.5 AXT Inc.

                                Exhibit 52:  AXT Inc. - Overview

                                Exhibit 53:  AXT Inc. - Business segments

                                Exhibit 54:  AXT Inc. -Key news

                                Exhibit 55:  AXT Inc. - Key offerings

                10.6 Broadcom Inc.   

                                Exhibit 56:  Broadcom Inc. - Overview

                                Exhibit 57:  Broadcom Inc. - Business segments

                                Exhibit 58:  Broadcom Inc. -Key news

                                Exhibit 59:  Broadcom Inc. - Key offerings

                                Exhibit 60:  Broadcom Inc. - Segment focus

                10.7 II-VI Inc.

                                Exhibit 61:  II-VI Inc. - Overview

                                Exhibit 62:  II-VI Inc. - Business segments

                                Exhibit 63:  II-VI Inc. - Key offerings

                                Exhibit 64:  II-VI Inc. - Segment focus

                10.8 NXP Semiconductors NV

                                Exhibit 65:  NXP Semiconductors NV - Overview

                                Exhibit 66:  NXP Semiconductors NV - Business segments

                                Exhibit 67:  NXP Semiconductors NV -Key news

                                Exhibit 68:  NXP Semiconductors NV - Key offerings

                10.9 Qorvo Inc.

                                Exhibit 69:  Qorvo Inc. - Overview

                                Exhibit 70:  Qorvo Inc. - Business segments

                                Exhibit 71:  Qorvo Inc. -Key news

                                Exhibit 72:  Qorvo Inc. - Key offerings

                                Exhibit 73:  Qorvo Inc. - Segment focus

                10.10 Skyworks Solutions Inc.

                                Exhibit 74:  Skyworks Solutions Inc. - Overview

                                Exhibit 75:  Skyworks Solutions Inc. - Business segments

                                Exhibit 76:  Skyworks Solutions Inc. - Key offerings

                                Exhibit 77:  Skyworks Solutions Inc. - Segment focus

                10.11 Sumitomo Electric Industries Ltd.            

                                Exhibit 78:  Sumitomo Electric Industries Ltd. - Overview

                                Exhibit 79:  Sumitomo Electric Industries Ltd. - Business segments

                                Exhibit 80:  Sumitomo Electric Industries Ltd. -Key news

                                Exhibit 81:  Sumitomo Electric Industries Ltd. - Key offerings

                                Exhibit 82:  Sumitomo Electric Industries Ltd. - Segment focus

                10.12 Umicore            

                                Exhibit 83:  Umicore - Overview

                                Exhibit 84:  Umicore - Business segments

                                Exhibit 85:  Umicore -Key news

                                Exhibit 86:  Umicore - Key offerings

                                Exhibit 87:  Umicore - Segment focus

11. Appendix                            

                11.1 Scope of the report         

                                11.1.1 Market definition

                                11.1.2 Objectives

                                11.1.3 Notes and caveats

                11.2 Currency conversion rates for US$            

                                Exhibit 88:  Currency conversion rates for US$

                11.3 Research Methodology 

                                Exhibit 89:  Research Methodology

                                Exhibit 90:  Validation techniques employed for market sizing

                                Exhibit 91:  Information sources

                11.4 List of abbreviations        

                                Exhibit 92:  List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The gallium arsenide components market growth will increase by $2388.72 million during 2019-2024.
The gallium arsenide components market is expected to grow at a CAGR of 5.10% during 2019-2024.
Technavio has segmented the gallium arsenide components market by application (Mobile devices segment, Wireless communications segment, and Others) ,distribution channel (Offline distribution channel and Online distribution channel) , and geographic (APAC, North America, Europe, and South America).
Advanced Wireless Semiconductor Co., Analog Devices Inc., AXT Inc., Broadcom Inc., II-VI Inc., NXP Semiconductors NV, Qorvo Inc., Skyworks Solutions Inc., Sumitomo Electric Industries Ltd., Umicore are a few of the key vendors in the gallium arsenide components market.
APAC will register the highest growth rate of 81.36% among the other regions. Therefore, the gallium arsenide components market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • South Korea (Republic of Korea)
  • China
  • India
  • Taiwan
The key factors driving the gallium arsenide components market growth are:
  • Rising adoption of smartphones and tablets
  • Growing prevalence of skin disorders
The gallium arsenide components market vendors should focus on grabbing business opportunities from the mobile devices segment segment as it accounted for the largest market share in the base year.
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