Press release
Gallium Arsenide (GaAs) Wafer Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2026
The Gallium Arsenide (GaAs) Wafer Market research report discusses the key drivers influencing global growth, opportunities, current challenges and the risks faced by key players and the market as a whole Gallium Arsenide (GaAs) Wafer Market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.Gallium Arsenide (GaAs) Wafer Market is envisaged to record an expansion at the CAGR of 13% over the forecast period, 2021 – 2026
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Market Overview
GaAs wafers are preferred over silicon and other compound semiconductor devices because of better functionality, scalability, and compatibility with the IoT network. It provides better network connectivity by allowing better data transmission and also have superior quality as compared to other semiconductor-based devices and can be produced on a large scale with high yield rate. The significant growth drivers for this market are increasing adoption of smartphones and growing penetration of light emitting diode (LED) in general lighting. The advent of IoT has been one of the major reasons responsible for the growing trend of the market. The technology has given rise to a demand for high-frequency communication devices made with GaAs based ICs.
The major players covered in the Gallium Arsenide (GaAs) Wafer Market:
Freiberger Compound Materials, AXT, Sumitomo Electric, Vital Advanced Material, China Crystal Technologies, Jiachang Technology, Yunnan Germanium, DOWA Electronics Materials
Recent Devlopment
Sumitomo Electric Industries, Ltd. and Optoscribe, a Scottish-based major supplier of 3D glass-based integrated photonic components, entered into a strategic cooperation to provide multicore fiber (MCF) components for datacom and telecom applications. This strategic cooperation will seed the market for practical use cases of Sumitomo Electric's MCF interconnects which is especially 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.
Gallium Arsenide (GaAs) Wafer Breakdown Data by Type
LEC Grown GaAs
VGF Grown GaAs
Others
Gallium Arsenide (GaAs) Wafer Breakdown Data by Application
RF
LED
Photonics
Photovoltaic
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Asia-Pacific to Dominate the Market
Asia-Pacific dominates the global GaAs wafer market owing to a large population and the rising smartphone penetration in the region. Countries such as China, Japan, and India dominate the market in this region. One of the major driving factor in this region is the increasing demand for advanced technological devices such as smart devices, smartphones, computers, and laptops, the demand for GaAs wafers in the region is growing at a promising rate.
Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the Gallium Arsenide (GaAs) Wafer Market presented in the report. For the historical and forecast period 2016 to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
The report offers an in-depth assessment of the growth and other aspects of the Gallium Arsenide (GaAs) Wafer Market in important countries (regions), including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa) and ROW.
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The COVID-19 pandemic had a minor impact on the Gallium Arsenide (GaAs) Wafer Market's growth. The emergence of COVID-19 has caused a substantial setback to export-oriented economies in the region, owing to the temporary shutdown of manufacturing enterprises. For example, Germany's automotive industry has been seriously harmed because the majority of the country's automobile commerce is with China and Italy.
Table of Contents:
Global Gallium Arsenide (GaAs) Wafer Market Research Report 2021
Chapter 1 - Market Overview
Chapter 2 - Industry's Global Economic Impact
Chapter 3 - Manufacturers' Global Market Competition
Chapter 4 - Revenue (Value) by Region for Global Productions
Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import
Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type
Chapter 7- Global Market Analysis by Application
Chapter 8 - Manufacturing Cost Analysis
Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers
Chapter 10 - Marketing Strategy Analysis, Distributors/Traders
Chapter 11- Market Effect Factors Analysis
Chapter 12- Global Gallium Arsenide (GaAs) Wafer Market Forecast
Customization:
The Global Gallium Arsenide (GaAs) Wafer Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.
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