0

Gallium Arsenide Wafers Market by Type, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR43779
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The gallium arsenide (GaAs) wafers market has the potential to grow by 2.73 million t during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 15.30%.

This gallium arsenide wafers 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 market segmentation by type (SC GaAs and SI GaAs), application (mobile devices, wireless communication, aerospace and defense, and others), and geography (APAC, North America, Europe, MEA, and South America). The gallium arsenide wafers market report also offers information on several market vendors, including Advanced Wireless Semiconductor Co., AXT Inc., Freiberger Compound Materials GmbH, GCS Holdings Inc., IntelliEPI Inc., IQE Plc, OMMIC SAS, Qorvo Inc., WIN Semiconductors Corp., and Xiamen Powerway Advanced Material Co. Ltd. among others.

What will the Gallium Arsenide (GaAs) Wafers Market Size be in 2021?

Gallium-Arsenide-(GaAs)-Wafers-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Gallium Arsenide (GaAs) Wafers Market

 Get Your FREE Sample Now!

Gallium Arsenide (GaAs) Wafers Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing adoption of smartphones is notably driving the GaAs wafers market growth, although factors such as high production cost of GaAs wafers may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the gallium arsenide wafers industry get your FREE report sample now.

  • The increasing adoption of smartphones will fuel the growth of the gallium arsenide wafers market size.
  • The global demand for smartphones is expected to grow significantly during the forecast period, primarily owing to the growing penetration of 5G network services.
  • The operators are expected to invest over $1 trillion in producing mobiles supporting 5G services, which, in turn, is expected to drive the demand for GaAs wafers during the forecast period.
  • The increase in mobile data consumption also depicts a rise in the number of mobile handsets that already have GaAs content in them.
  • Some vendors in the smartphone market are focusing on manufacturing solar-powered smartphones. GaAs is the most efficient semiconductor for harnessing solar energy. 
  • The need for increased network bandwidth will drive gallium arsenide wafers market growth during the forecast period.
  • The growth of Internet bandwidth is fueled by two factors, namely the proliferation of mobile computing devices, such as smartphones, tablets, and wearables, with advanced capabilities, and the emergence of disruptive technologies that shift the bandwidth use by altering how users access the network.
  • Consumers are now opting for higher bandwidth applications and services with the emergence of new mobile telecommunication standards such as 4G and 5G.
  • Emerging next-generation connected devices along with the rise in the use of cloud services will compel vendors to improve the GaAs content in smartphones to support these added functionalities, bandwidth, and speed required to stay always connected to other devices and push the growth of the market during the forecast period.

This gallium arsenide wafers market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Gallium Arsenide (GaAs) Wafers Market Vendors?

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

 

  • Advanced Wireless Semiconductor Co.
  • AXT Inc.
  • Freiberger Compound Materials GmbH
  • GCS Holdings Inc.
  • IntelliEPI Inc.
  • IQE Plc
  • OMMIC SAS
  • Qorvo Inc.
  • WIN Semiconductors Corp.
  • Xiamen Powerway Advanced Material Co. Ltd.

 

The GaAs wafers market is fragmented and the vendors are deploying growth strategies such as promoting their product offerings through a clear and unique value proposition to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

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.

Download a free sample of the gallium arsenide wafers market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Gallium Arsenide (GaAs) Wafers Market?

Gallium-Arsenide-(GaAs)-Wafers-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

67% of the market’s growth will originate from APAC during the forecast period. Taiwan, China, and India are the key markets for gallium arsenide wafers in APAC. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America.

Increasing smartphone penetration in developing countries and the growth of wireless infrastructure will facilitate the gallium arsenide wafers market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Gallium Arsenide (GaAs) Wafers Market?

Gallium-Arsenide-(GaAs)-Wafers-Market-Market-Share-by-Type-2020-2025

To gain further insights on the market contribution of various segments Request for a FREE sample

The gallium arsenide wafers market share growth by the SC GaAs segment will be significant during the forecast period. SC GaAs substrate is a widely used semiconductor material to manufacture LEDs. The penetration rate of LEDs is rising in applications such as TVs as well as signs and displays. With rising demand for energy-efficient lighting solutions such as LEDs, the demand for SC GaAs substrates will also grow.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the GaAs wafers market size.

 

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Gallium Arsenide (GaAs) Wafers Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive gallium arsenide wafers market growth during the next five years
  • Precise estimation of the gallium arsenide wafers 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 wafers industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of GaAs wafers market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Gallium Arsenide (GaAs) Wafers Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 15.30%

Market growth 2021-2025

2.73 million t

Market structure

Fragmented

YoY growth (%)

15.97

Regional analysis

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

Performing market contribution

APAC at 67%

Key consumer countries

Taiwan, China, US, India, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Advanced Wireless Semiconductor Co., AXT Inc., Freiberger Compound Materials GmbH, GCS Holdings Inc., IntelliEPI Inc., IQE Plc, OMMIC SAS, Qorvo Inc., WIN Semiconductors Corp., and Xiamen Powerway Advanced Material Co. Ltd.

Market Dynamics

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

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Mobile devices - Market size and forecast 2020-2025
  • Wireless communication - Market size and forecast 2020-2025
  • Aerospace and defense - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Application

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • SC GaAs - Market size and forecast 2020-2025
  • SI GaAs - Market size and forecast 2020-2025
  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Advanced Wireless Semiconductor Co.
  • AXT Inc.
  • Freiberger Compound Materials GmbH
  • GCS Holdings Inc.
  • IntelliEPI Inc.
  • IQE Plc
  • OMMIC SAS
  • Qorvo Inc.
  • WIN Semiconductors Corp.
  • Xiamen Powerway Advanced Material Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • 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
Interested in this report?
Get your FREE sample now!
The gallium arsenide (gaas) wafers market growth will increase by $2.27 million t during 2019-2024.
The gallium arsenide (gaas) wafers market is expected to grow at a CAGR of 14.48% during 2019-2024.
Technavio has segmented the gallium arsenide (gaas) wafers market by application by volume (Mobile devices, Wireless communication, Aerospace and defense, and Others) and geographic (APAC, North America, Europe, MEA, and South America).
Advanced Wireless Semiconductor Co., AXT Inc., Freiberger Compound Materials GmbH, GCS Holdings Inc., IntelliEPI Inc., IQE Plc, OMMIC SAS, Qorvo Inc., WIN Semiconductors Corp., Xiamen Powerway Advanced Material Co. Ltd. are a few of the key vendors in the gallium arsenide (gaas) wafers market.
APAC will register the highest growth rate of 68.72% among the other regions. Therefore, the gallium arsenide (gaas) wafers market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the gallium arsenide (gaas) wafers market growth are:
  • Increasing adoption of smartphones
The gallium arsenide (gaas) wafers market vendors should focus on grabbing business opportunities from the mobile devices segment as it accounted for the largest market share in the base year.
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Information Technology
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>