Global Gallium Arsenide Market Overview:
Gallium Arsenide (GaAs) is a semiconductor compound of two elements, Gallium (Ga) and Arsenic (As) of which Gallium is unusual and Arsenic is poisonous. Gallium is a bi-product of aluminum and zinc. Gallium arsenide is used in the manufacture of devices such as microwave frequency integrated circuits, monolithic microwave integrated circuits, infrared light-emitting diodes, laser diodes, solar cells and optical windows, monolithic microwave integrated circuit (MMIC), wireless communication, etc. GaAs components are beneficial in ultra-high radio frequencies and in fast electronic switching applications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emerging concept of Internet of Things and Huge investments in aerospace and aviation sectors
Market Growth Drivers:
Growing adoption of smartphones and tablets and Faster product replacement cycle and increased design complexity
Challenges:
Availability of alternative devices
Restraints:
High production cost
Opportunities:
Increasing demand from smartphone manufacturers and Fast-growing 4G and 5G networks
Competitive Landscape:
Competitive depicting of the leading players in global gallium arsenide market, tempting investment plans, market positioning of crucial producers sections, potential of the leading international market players. The market dynamics includes the diverse driving forces impacting the commercialization graph of this business vertical and the risks prevailing in this domain.
Some of the key players profiled in the report are Advanced Wireless Semiconductor Company (Taiwan), Global Communication Semiconductors, LLC (United States), WIN Semiconductors Corp. (Taiwan), AXT Inc. (United States), Century Epitech Co Ltd (China), Powerway Advanced Material Co. Ltd. (China), Intelligent Epitaxy Technology (United States), Sumitomo Electric Semiconductor Materials Inc. (United States), Freiberger Compound Materials GmbH (Germany) and Ommic S.A. (France). Additionally, following companies can also be profiled that are part of our coverage like United Monolithic Semiconductors (France), Visual Photonics Epitaxy Co, Ltd. (Taiwan), IQE plc (United Kingdom) and Qorvo (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Gallium Arsenide market by 2030. Considering Market by Forms, the sub-segment i.e. Powder will boost the Gallium Arsenide market.
Latest Market Insights:
In June 2023, WIN Semiconductors Corp. has launched its next-gen integrated mmWave GaAs platform, PQG3-0C. Targeting mmWave front ends, the PQG3-0C technology combines individually optimized E-mode low noise and D-mode power pHEMTs to enable best-in-class PA and LNA performance on the same chip.
In June 2023, MOSIS Service of Information Sciences Institute, University of Southern California announced the opening of MPW plan of the Gallium Nitride (GaN) NP15-00 and Gallium Arsenide (GaAs) PQH1-0P processes fabricated by WIN Semiconductors Corp. MOSIS will organize and assemble four designs in a quarter of GaN NP15-00 MPW wafer. MOSIS will also organize and assemble four designs in a quarter of GaAs PQH1-0P MPW wafer. T
What Can be Explored with the Gallium Arsenide Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Gallium Arsenide Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Gallium Arsenide
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Gallium Arsenide market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Gallium Arsenide market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Consumer Electronics, Suppliers of electronic parts, Wholesalers, distributers and retailers of Consumer Electronics, Automotive industry and Governmental bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.