GaAs Wafer Market Research Report – Forecast to 2023
GaAs Wafer Market Research Report – Forecast to 2023
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Copyright © 2017 Market Research Future.
GaAs Wafer Market Research Report – Forecast to 2023
GaAs Wafer Market Research Report, by Production Method (Vertical Gradient Freeze (VGF), Liquid Encapsulated Czochralski (LEC), Molecular Beam Epitaxy (MBE)), Application (Mobiles, Photovoltaic Devices, Wireless Communication) — Global Forecast till 2023 Overview The Global GaAs Wafer Market is growing rapidly; mainly due to the booming mobile phone industry and wireless communication devices. According to an eminent market research firm - Market Research Future (MRFR), the global GaAs wafer market had valued at USD 625 MN in 2019 and expected to gain further prominence in the coming years. MRFR, in its recently published study report, further asserts that the global GaAs Wafer market will be reaching USD 1224.3 MN by 2023, registering a CAGR of 12% during the forecast period (2019-2023). GaAs wafer provides data processing capabilities and is majorly used in integrated circuits that are used in various devices like computers, smartphones, military weapons, and others. Owing to the technological development and the advancement in the GaAs wafer technology used in the electronics industry, the market has grown immensely. Moreover, the market penetration of 4G and 5G networks drives the GaAs wafer market. Growing demand for the solar energy will boost the growth of the solar panel and solar cells which in turn will upsurge the GaAs wafer market owing to extensive use to GaAs in the manufacturing of the solar cells. The GaAs technology is also used in Field Effect Transistors (FET) and integrated circuits (ICs), which make it ideal for high velocity and high electric field applications. On the other hand, the high production cost of GaAs wafers is impeding the market growth. Nevertheless, growing usages of GaAs wafers in power amplifiers for transmitting high-speed signals, ultra-high radio frequency, and fast electronic switching applications is expected to support the market growth during the forecast period. The sub-segment - Mobile devices is expected to dominate the application segment during the assessment period. The emergence of 4G and 5G networks has proved as a game changer in the market growth, bringing a rapid change in new Smartphone technologies and encouraging Smartphone manufacturers to replace existing semiconductor wafers with GaAs.
Request Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6473 Segments The analysis has been segmented into three key dynamics for the better scope: -
By Production Method: Vertical Gradient Freeze (VGF), Liquid Encapsulated Czochralski (LEC), and Molecular Beam Epitaxy (MBE) among others.
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Copyright © 2017 Market Research Future.
GaAs Wafer Market Research Report – Forecast to 2023
By Application: Mobiles, Photovoltaic Devices, Optoelectronic Devices, Aerospace & Defense, and Wireless Communication among others. By Regions: North America, Europe, APAC and the Rest-of-the-World.
Regional Analysis The Asia Pacific region dominates the global GaAs wafer market owing to the increasing number of Smartphone users. Owing to the rising demand of advanced technological gadgets such as computers, laptops, and smartphones the region is forecasted to grow at a promising rate in the forthcoming years. Countries such as China, Japan, and India account for the leading markets. China is said to have among one of the largest markets for the electronics. Semiconductor makers of China are still behind the international rivals. Hence, to support the market, China government is promoting its domestic technology market by funding the industry players. The North American region is another lucrative market for GaAs wafer which is growing owing to the proliferation of photovoltaic, optoelectronic, and wireless communication devices. The region is expected to demonstrate moderate growth due to the growing market of solar cells. The European region is expected to demonstrate a steady growth in the GaAs wafer market as the automotive, electronics and aerospace & defense sector which extensively use the GaAs wafer are already established in the region. The need for safe, reliable, and clean energy source in various countries is likely to increase the demand for the solar cell, which in turn help the market of GaAs wafer to develop.
Competitive Landscape Highly competitive by nature, the global GaAs wafer market appears to be fragmented due to the presence of many players. Key strategies of market players traced during the analysis include agreement & partnership, acquisition expansion, and product launch. These key players strive to deliver comprehensive safety solutions with adept technology and features. Growing innovations in technologies are also expected to create strong investment opportunities for global players.
Get Report Details @ https://www.marketresearchfuture.com/reports/gaas-wafer-market-6473 Key Players: Fervent players driving the market for the GaAs Wafer include Global Communication Semiconductors, LLC (US), Advanced Wireless Semiconductor Company (Taiwan), Ommic S.A. (France), AXT Inc. (US), WIN Semiconductors Corporation (Taiwan), Century Epitech Co Ltd. (China), Intelligent Epitaxy Technology, Inc. (US), Powerway Advanced Material Co., Ltd. (China), Sumitomo Electric Semiconductor Materials Inc. (US), Qorvo, Inc. (US), IQE plc (UK), United Monolithic Semiconductors (France), Visual Photonics Epitaxy Co, Ltd. (Taiwan), and Freiberger Compound Materials GmbH (Germany). Industry/ Innovation/Related News November 28, 2019 — Sanan Integrated Circuit Co Ltd (Sanan IC - China), a largest LED epiwafer and chip maker, based on GaN and GaAs technologies announced that it has attained IATF 16949:2016 Automotive Quality Management System (QMS) certification for its manufacturing management systems.
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Copyright © 2017 Market Research Future.
GaAs Wafer Market Research Report – Forecast to 2023
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…….
LIST OF TABLES Table1 Global GaAs Wafer Market, By Region, 2019–2023 Table2 North America: GaAs Wafer Market, By Country, 2019–2023 Table3 Europe: GaAs Wafer Market, By Country, 2019–2023 Table4 Asia-Pacific: GaAs Wafer Market, By Country, 2019–2023 Table5 Middle East & Africa: GaAs Wafer Market, By Country, 2019–2023 Continued…….
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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 2019, By Country (In %) Continued…….
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Copyright © 2017 Market Research Future.
GaAs Wafer Market Research Report – Forecast to 2023
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Copyright © 2017 Market Research Future.