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GaAs Wafer Industry 2018 Review, Future Growth, Global Survey, in-Depth Analysis, Share, Key Findings, Company Profiles, Emerging Technologies, Trends & Forecast by 2023

 

Pune, India -- (SBWIRE) -- 10/19/2018 -- Key players:
Prominent players in global GaAs wafer market are Advanced Wireless Semiconductor Company (Taiwan), Global Communication Semiconductors, LLC (US), Ommic S.A. (France), WIN Semiconductors Corporation (Taiwan), AXT Inc. (US), Century Epitech Co Ltd. (China), Powerway Advanced Material Co., Ltd. (China), Intelligent Epitaxy Technology, Inc. (US), Sumitomo Electric Semiconductor Materials Inc. (US), Freiberger Compound Materials GmbH (Germany), IQE plc (UK), Qorvo, Inc. (US), United Monolithic Semiconductors (France), and Visual Photonics Epitaxy Co, Ltd. (Taiwan) among others.

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Market Highlights
Gallium is a obtained after smelting of aluminium and zinc. GaAs is a major component in diodes, Field Effect Transistors (FETs) and Integrarted Circuits (ICs). Globally, the GaAs wafer market is expected to grow from USD 625 million in 2017 to USD 1,224.3 million by 2023, at a CAGR of 12% during the forecast period. Opportunities that aid the growth of GaAs market include increasing demand from smartphone manufacturers. Increasing demand for digital cameras, laptops are also contributing towards the growth of GaAs market. GaAs is more efficient and economical than silicon and extends battery life significantly. GaAs wafers can meet specialized demands in cellular terminals such as multiple input, carrier aggregation, and MIMO antennas among others.

Competitive Analysis
The GaAs wafer market has witnessed major trends including growing demand for large size GaAs wafers and reuse of gallium arsenide wafers for high-performance devices. Large GaAs wafers reduce the manufacturing costs by 25-30%. 150 mm wafers are used to manufacture power amplifiers and ICs. The wafer processing industry is moving towards developing 200 mm GaAs wafers to match pace with its biggest competitor — silicon wafers. Regionally, major GaAs suppliers are concentrated in Europe, the US, China, Japan, and Taiwan.
MicroLink Devices has achieved a 37.75% power conversion efficiency from a three-junction epitaxial lift-off (ELO) thin-film solar cell. This device's performance is certified by the US 'National Renewable Energy Laboratory' and tested under AM1.5G industry standard.

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Regional Analysis
The global market for GaAs wafers is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of GaAs wafer market is studied for North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific is expected to dominate the GaAs wafer market during forecast period. Increasing population, increasing number of semiconductor manufacturers, telecom industries, government initiatives to make smart cities, and increasing smartphone users are a few factors driving the GaAs wafer market in Asia-Pacific. China, Taiwan, Japan are expected to dominate the GaAs wafer market in Asia-Pacific. Whereas, India, South Korea, are expected to grow at a fast rate during forecast period.
North America is expected to register a considerable growth during the forecast period. High adoption of new technologies and presence of big players is also driving the North American GaAs wafer market.
Europe is expected to remain stable during forecast period due to increasing use of GaAs wafers in consumer electronics applications.

TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
Continued…..

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LIST OF TABLES
Table1 Global GaAs Wafer Market, By Region, 2018–2023
Table2 North America: GaAs Wafer Market, By Country, 2018–2023
Table3 Europe: GaAs Wafer Market, By Country, 2018–2023
Table4 Asia-Pacific: GaAs Wafer Market, By Country, 2018–2023
Table5 Middle East & Africa: GaAs Wafer Market, By Country, 2018–2023
Continued…..

LIST OF FIGURES
FIGURE 1 Global GaAs Wafer Market Segmentation
FIGURE 2 Research Methodology
FIGURE 3 Porter's Five Forces Analysis Of Global GaAs Wafer Market
FIGURE 4 Value Chain Of Global GaAs Wafer Market
FIGURE 5 Share Of Global GaAs Wafer Market In 2017, By Country (In %)
Continued…..

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