Gallium Arsenide (GaAs) is a semiconductor compound of two elements, Gallium (Ga) and Arsenic (As) of which Gallium is rare and Arsenic is poisonous. Gallium is a bi-product produced after smelting of aluminum and zinc. GaAs is used in a variety of applications including manufacturing of LEDs, laser diodes, solar cells, monolithic microwave integrated circuit (MMIC), wireless communication, etc. owing to its several advantages such as very high electron mobility, wide temperature operating range, high thermal stability, and low noise among others. Thus, GaAs wafers are well suited for ultra-high radio frequency and fast electronic switching applications. It is also used as a substrate material for epitaxial growth of other semiconductors such as aluminum gallium arsenide, indium gallium arsenide, etc.

The key factor driving the growth of the GaAs wafer market includes increasing 4G and 5G networks across different countries in the world. Since the use of 2G and 3G mobile networks has significantly dropped, 2G networks are being shut down, thus compelling the remaining 2G/3G users to shift to 4G and 5G services. In GaAs, the velocity of electrons is faster than that of silicon; thus, it supports higher electric fields and electron velocity. Also, its intrinsic carrier density is lower than that of silicon, thus providing a better signal to noise ratio. Moreover, it is comparatively insensitive to heat as compared to silicon, thus offering high thermal stability. These properties make it suitable for use in power amplifiers for very high speed signal transmission. Thus, the increasing adoption of 4G and 5G mobile networks is driving the GaAs wafer market.

The restraint affecting the GaAs wafer market include its high production cost. Besides, it does not grow a native oxide as silicon oxide (SiO2). Despite these restraints, it is expected to be widely used owing to its numerous advantages and important applications such as mobile devices, photovoltaic devices, and optoelectronic devices.

Opportunities anticipated to boost the GaAs wafer market include its increasing demand from smartphone manufacturers. GaAs based transmitter in smartphone is more efficient than silicon and extends battery life. GaAs wafers can also meet specialized demands in cellular terminals such as carrier aggregation, multiple input and multiple output (MIMO) antenna techniques, etc. Moreover, GaAs components can easily house the requirements of 4G and 5G networks. Furthermore, high replacement cycles of smartphones are expected to add to the opportunities for GaAs wafers in the forthcoming time. Apart from the opportunity in smartphones, properties such as high efficiency and radiation damage resistivity are making GaAs wafers desirable for space applications.

The GaAs wafer market can be segmented on the basis of production method, application, and geography. On the basis of application, the GaAs wafer market can be divided into mobile devices, photovoltaic devices, wireless communication, optoelectronic devices, aerospace & defense, and others. In terms of production method, the GaAs wafer market can be segmented into Vertical gradient freeze (VGF), Liquid encapsulated Czochralski (LEC), Molecular Beam Epitaxy (MBE), Metal-Organic Vapor Phase Epitaxy (MOVPE) and others. In terms of geography, the GaAs wafer market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America. Asia Pacific is expected to be a highly attractive region contributing to the GaAs wafer market owing to large population and the rising smartphone penetration in the region.

Prominent players operating in the GaAs wafer market include Advanced Wireless Semiconductor Company, Global Communication Semiconductors, LLC, Ommic S.A., WIN Semiconductors Corp., AXT Inc., Century Epitech Co Ltd, Powerway Advanced Material Co., Ltd, Intelligent Epitaxy Technology, Inc., Sumitomo Electric Semiconductor Materials Inc., Freiberger Compound Materials GmbH, IQE plc, Qorvo, Inc., United Monolithic Semiconductors, and Visual Photonics Epitaxy Co, Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Gaas Wafer Market

Pre Book