Press release
Gallium Arsenide (GaAs) Substrate for LED Market Share Driven by Mini and Micro LED Adoption | Valuates Reports
GaAs Substrate for LED MarketThe global market for GaAs Substrate for LED was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-20P17411/Global_GaAs_Substrate_for_LED_Market_Research_Report_2024
The Gallium Arsenide (GaAs) substrate for LED market is experiencing robust growth driven by rising demand for high-performance display technologies and efficient light-emitting diode (LED) solutions. Technological advancements in substrate quality, defect reduction, and crystal uniformity are shaping market trends and expanding market size. Increasing adoption of Mini LED and Micro LED displays, alongside developments in OLED technology, continues to drive market growth, while innovations in production processes and material optimization enhance performance and yield.
By type, the 4-inch GaAs substrate segment holds the largest market share due to its optimal balance of size, manufacturing efficiency, and compatibility with mainstream LED production. The 6-inch segment is experiencing the fastest growth, driven by the need for larger substrates to support higher-resolution displays and advanced lighting applications. Smaller sizes, such as 2-inch and 3-inch substrates, continue to serve niche and specialized applications, contributing to overall market diversity and flexibility.
In terms of application, Mini LED and Micro LED segments are the fastest-growing drivers of the market, fueled by increasing demand for high-brightness, energy-efficient, and compact display solutions. OLED applications maintain a significant market share due to their established presence in premium displays and lighting. Other emerging applications, including specialized display modules and research-oriented devices, further contribute to the market landscape, reflecting evolving consumer and industrial demand.
Key companies in the GaAs substrate market maintain strong market share through advanced material development, process innovation, and strategic regional operations. Leading manufacturers focus on defect-free crystal growth, high substrate uniformity, and scalable production capabilities. Emerging players emphasize specialized applications and technical service support to capture high-end LED and display markets. These strategies reinforce competitive positioning and drive sustained growth across the global market.
Regionally, Asia-Pacific dominates production and consumption due to a strong semiconductor and LED manufacturing ecosystem, coupled with established supply chains and skilled workforce. North America and Europe maintain considerable demand, driven by high-technology display manufacturing and research applications. Government incentives, technological adoption, and investment in LED infrastructure act as key regional drivers influencing market growth. The market forecast highlights ongoing innovation in substrate quality, expansion into larger substrates, and adoption across Mini LED and Micro LED applications, positioning the market for continued growth and technological advancement.
by Type
• 2 Inches
• 3 Inches
• 4 Inches
• 6 Inches
by Application
• OLED
• Mini LED
• Micro LED
By Company
Furukawa, Sumitomo, Beijing Tongmei Xtal Technology, Freiberger Compound Materials GmbH, Xiamen Powerway Advanced Material, Advanced compound semiconductor (Beijing), Pluto Semi, Dongguan Senshuo Potovoltaic Technology, WIN Semiconductors, Vital Materials
View full report
https://reports.valuates.com/market-reports/QYRE-Auto-20P17411/global-gaas-substrate-for-led
Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066,
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Gallium Arsenide (GaAs) Substrate for LED Market Share Driven by Mini and Micro LED Adoption | Valuates Reports here
News-ID: 4233833 • Views: …
More Releases from Valuates Reports
Asynchronous Dual-Port DRAM Market Share Driven by High-Speed Data Access and Pa …
Asynchronous Dual-Port DRAM Market Size
The global market for Asynchronous Dual-Port DRAM was valued at US$ 374 million in the year 2024 and is projected to reach a revised size of US$ 537 million by 2031, growing at a CAGR of 5.3% during the forecast period.
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-14L20033/Global_Asynchronous_Dual_Port_DRAM_Market_Research_Report_2025
The Asynchronous Dual-Port DRAM Market is gaining steady market growth as industries increasingly rely on memory solutions that support simultaneous read and write operations…
β-Nicotinamide Mononucleotide (NMN) Market Share Driven by Expanding Health Sup …
β-Nicotinamide Mononucleotide (NMN) Market Size
The global market for β-Nicotinamide Mononucleotide (NMN) was valued at US$ 418 million in the year 2024 and is projected to reach a revised size of US$ 992 million by 2031, growing at a CAGR of 13.4% during the forecast period.
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-16K9169/Global_%CE%B2_Nicotinamide_Mononucleotide_NMN_Market_Insights_and_Forecast_to_2028
The β-Nicotinamide Mononucleotide (NMN) Market is experiencing notable market growth as interest in cellular health, healthy aging, and metabolic support continues to rise across…
Aluminium Foil Market Share Driven by Packaging Demand, Energy Efficiency, and E …
Aluminium Foil - Market Size
The global market for Aluminium Foil was estimated to be worth US$ 21620 million in 2023 and is forecast to a readjusted size of US$ 29320 million by 2030 with a CAGR of 4.4% during the forecast period 2024-2030
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-4P1801/Global_Aluminium_Foil_Market_Insights_and_Forecast_to_2028
The Aluminium Foil Market continues to demonstrate resilient market growth, supported by its essential role across packaging, thermal management, and advanced electrical applications. Market trends reflect…
DNA Data Storage Market Share Driven by Exponential Data Generation and Advances …
DNA Data Storage Market
The global market for DNA Data Storage was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-29Y8377/Global_DNA_Data_Storage_Market_Insights_Forecast_to_2028
The DNA Data Storage Market is emerging as a transformative solution for long-term, high-density data preservation, driven by the rapid growth of digital information and limitations of…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
