Global GaAs wafer market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 12.5% during the forecast period.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis. Market Definition GaAs wafer stands for Gallium Arsenic wafer. A GaAs wafer is a compound semiconductor coupled with various properties such as high thermal stability, high electron mobility, wide operating temperature range, and low noise. It is widely used as a substrate material for the growth of a crystalline coat on a crystalline substrate in other semiconductors. Market Dynamics Growing adoption of GaAs wafer for various real-world applications and increasing requirement of GaAs in the manufacturing of devices such as monolithic microwave integrated circuits, microwave frequency integrated circuits, laser diodes, IR light-emitting diodes, optical windows, and solar cells are the major driving factors behind the growth of the market. The growing transition towards GaAs wafer over silicon wafer as GaAs wafer has advanced properties and increasing use of GaAs in the applications like mobile phones, radar systems, and satellite communication and for space applications and growing market for semiconductor industry across the globe are expected to improve the growth of the market during the forecast period. GaAs wafer offers some benefits such as flexibility and lightweight design, great Resistance, high efficiency, and low light performance which are ultimately propelling the growth of the market. However, the high production cost of single crystal GaAs substrate and no natural oxide like in silicon wafer are major restraining factors that could hamper the growth of the market.
Global GaAs Wafer Market: Segmentation Analysis
By production method, vertical gradient freeze (VGF) and liquid encapsulated czochralski (LEC) segments have dominated the market in 2019 and are projected to witness fast growth at CAGR of XX% during the forecast period. The growing use of VGF and LEC technology by various manufacturing companies to produce GaAs wafer is driving the growth of the market. For instance, Semiconductor Wafer Inc provides both polycrystalline and single-crystal GaAs wafer to micro-electronics and optoelectronics industry for making LED, microwave circuits, and solar cell applications. The company offers single crystal GaAs wafer produced by LEC and VGF crystal growth techniques, which provide customers the widest alternative of GaAs material with high uniformity of electrical properties and exceptional surface quality. The main benefits of the VGF process include its high mechanical strength, low stress, scalability, and a defect rate, which are further propelling the growth of the market. By application, the RF electronics segment is projected to witness high growth at CAGR of XX% during the forecast period. Growing production of RF electronics devices using GaAs substrate is driving the growth of the market. Increasing the use of RF electronic products for applications such as wireless communication applications, 4G/5G infrastructure applications, Wi-Fi communications, and satellite communications are expected to improve the growth of the market during the forecast period. Moreover, increasing demand for RF test & measurement equipment and rising implementation of RF filters for applications in 4G and 5G Smartphone devices are propelling the growth of the market.Global GaAs Wafer Market: Regional Analysis
Region-wise, the Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. The economies such as China, India, and Japan are the major key contributors behind the growth of the market. The growth is attributed to the growing market for electronic, semiconductor manufacturing, and telecommunication industry across the region. Increasing production and adoption of Smartphone and various wireless communication devices and growing investment by the government in the semiconductor and electronics industry to boost the economy are further driving the growth of the market. The objective of the report is to present a comprehensive analysis of the Global GaAs Wafer Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global GaAs Wafer Market dynamics, structure by analyzing the market segments and projects the Global GaAs Wafer Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global GaAs Wafer Market make the report investor’s guide.The Scope of Global GaAs Wafer Market: Inquiry Before Buying
Global GaAs Wafer Market, By Production Method
• Vertical Gradient Freeze • Liquid Encapsulated Czochralski • Molecular Beam Epitaxy • Metal-Organic Vapor Phase EpitaxyGlobal GaAs Wafer Market, By Application
• RF Electronics • Photovoltaic Devices • Optoelectronic Devices • OthersBy Region
• North America • Europe • Asia Pacific • South America • Middle East & AfricaKey Players
• Advanced Wireless Semiconductor Company • Global Communication Semiconductors, LLC • Ommic S.A • WIN Semiconductors Corporation • AXT Inc • Century Epitech Co Ltd • Powerway Advanced Material Co., Ltd • Intelligent Epitaxy Technology, Inc • Sumitomo Electric Semiconductor Materials Inc • Freiberger Compound Materials GmbH • Xiamen Powerway Advanced Material Co., Ltd. • Semiconductor Wafer Inc • Valley Design • MTI Corporation • Ceramic Substrates and Components • Freiberger Compound Materials • China Crystal Technologies • Yunnan Germanium • DOWA Electronics Materials • IQE Corporation
Global GaAs Wafer Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global GaAs Wafer Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global GaAs Wafer Market Analysis and Forecast 6.1. GaAs Wafer Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global GaAs Wafer Market Analysis and Forecast, By Production Method 7.1. Introduction and Definition 7.2. Key Findings 7.3. GaAs Wafer Market Value Share Analysis, By Production Method 7.4. GaAs Wafer Market Size (US$ Bn) Forecast, By Production Method 7.5. GaAs Wafer Market Analysis, By Production Method 7.6. GaAs Wafer Market Attractiveness Analysis, By Production Method 8. Global GaAs Wafer Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. GaAs Wafer Market Value Share Analysis, By Application 8.4. GaAs Wafer Market Size (US$ Bn) Forecast, By Application 8.5. GaAs Wafer Market Analysis, By Application 8.6. GaAs Wafer Market Attractiveness Analysis, By Application 9. Global GaAs Wafer Market Analysis, by Region 9.1. GaAs Wafer Market Value Share Analysis, by Region 9.2. GaAs Wafer Market Size (US$ Bn) Forecast, by Region 9.3. GaAs Wafer Market Attractiveness Analysis, by Region 10. North America GaAs Wafer Market Analysis 10.1. Key Findings 10.2. North America GaAs Wafer Market Overview 10.3. North America GaAs Wafer Market Value Share Analysis, By Production Method 10.4. North America GaAs Wafer Market Forecast, By Production Method 10.4.1. Vertical Gradient Freeze 10.4.2. Liquid Encapsulated Czochralski 10.4.3. Molecular Beam Epitaxy 10.4.4. Metal-Organic Vapor Phase Epitaxy 10.5. North America GaAs Wafer Market Value Share Analysis, By Application 10.6. North America GaAs Wafer Market Forecast, By Application 10.6.1. RF Electronics 10.6.2. Photovoltaic Devices 10.6.3. Optoelectronic Devices 10.6.4. Others 10.7. North America GaAs Wafer Market Value Share Analysis, by Country 10.8. North America GaAs Wafer Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America GaAs Wafer Market Analysis, by Country 10.10. U.S. GaAs Wafer Market Forecast, By Production Method 10.10.1. Vertical Gradient Freeze 10.10.2. Liquid Encapsulated Czochralski 10.10.3. Molecular Beam Epitaxy 10.10.4. Metal-Organic Vapor Phase Epitaxy 10.11. U.S. GaAs Wafer Market Forecast, By Application 10.11.1. RF Electronics 10.11.2. Photovoltaic Devices 10.11.3. Optoelectronic Devices 10.11.4. Others 10.12. Canada GaAs Wafer Market Forecast, By Production Method 10.12.1. Vertical Gradient Freeze 10.12.2. Liquid Encapsulated Czochralski 10.12.3. Molecular Beam Epitaxy 10.12.4. Metal-Organic Vapor Phase Epitaxy 10.13. Canada GaAs Wafer Market Forecast, By Application 10.13.1. RF Electronics 10.13.2. Photovoltaic Devices 10.13.3. Optoelectronic Devices 10.13.4. Others 10.14. North America GaAs Wafer Market Attractiveness Analysis 10.14.1. By Production Method 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe GaAs Wafer Market Analysis 11.1. Key Findings 11.2. Europe GaAs Wafer Market Overview 11.3. Europe GaAs Wafer Market Value Share Analysis, By Production Method 11.4. Europe GaAs Wafer Market Forecast, By Production Method 11.4.1. Vertical Gradient Freeze 11.4.2. Liquid Encapsulated Czochralski 11.4.3. Molecular Beam Epitaxy 11.4.4. Metal-Organic Vapor Phase Epitaxy 11.5. Europe GaAs Wafer Market Value Share Analysis, By Application 11.6. Europe GaAs Wafer Market Forecast, By Application 11.6.1. RF Electronics 11.6.2. Photovoltaic Devices 11.6.3. Optoelectronic Devices 11.6.4. Others 11.7. Europe GaAs Wafer Market Value Share Analysis, by Country 11.8. Europe GaAs Wafer Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe GaAs Wafer Market Analysis, by Country 11.10. Germany GaAs Wafer Market Forecast, By Production Method 11.10.1. Vertical Gradient Freeze 11.10.2. Liquid Encapsulated Czochralski 11.10.3. Molecular Beam Epitaxy 11.10.4. Metal-Organic Vapor Phase Epitaxy 11.11. Germany GaAs Wafer Market Forecast, By Application 11.11.1. RF Electronics 11.11.2. Photovoltaic Devices 11.11.3. Optoelectronic Devices 11.11.4. Others 11.12. U.K. GaAs Wafer Market Forecast, By Production Method 11.12.1. Vertical Gradient Freeze 11.12.2. Liquid Encapsulated Czochralski 11.12.3. Molecular Beam Epitaxy 11.12.4. Metal-Organic Vapor Phase Epitaxy 11.13. U.K. GaAs Wafer Market Forecast, By Application 11.13.1. RF Electronics 11.13.2. Photovoltaic Devices 11.13.3. Optoelectronic Devices 11.13.4. Others 11.14. France GaAs Wafer Market Forecast, By Production Method 11.14.1. Vertical Gradient Freeze 11.14.2. Liquid Encapsulated Czochralski 11.14.3. Molecular Beam Epitaxy 11.14.4. Metal-Organic Vapor Phase Epitaxy 11.15. France GaAs Wafer Market Forecast, By Application 11.15.1. RF Electronics 11.15.2. Photovoltaic Devices 11.15.3. Optoelectronic Devices 11.15.4. Others 11.16. Italy GaAs Wafer Market Forecast, By Production Method 11.16.1. Vertical Gradient Freeze 11.16.2. Liquid Encapsulated Czochralski 11.16.3. Molecular Beam Epitaxy 11.16.4. Metal-Organic Vapor Phase Epitaxy 11.17. Italy GaAs Wafer Market Forecast, By Application 11.17.1. RF Electronics 11.17.2. Photovoltaic Devices 11.17.3. Optoelectronic Devices 11.17.4. Others 11.18. Spain GaAs Wafer Market Forecast, By Production Method 11.18.1. Vertical Gradient Freeze 11.18.2. Liquid Encapsulated Czochralski 11.18.3. Molecular Beam Epitaxy 11.18.4. Metal-Organic Vapor Phase Epitaxy 11.19. Spain GaAs Wafer Market Forecast, By Application 11.19.1. RF Electronics 11.19.2. Photovoltaic Devices 11.19.3. Optoelectronic Devices 11.19.4. Others 11.20. Rest of Europe GaAs Wafer Market Forecast, By Production Method 11.20.1. Vertical Gradient Freeze 11.20.2. Liquid Encapsulated Czochralski 11.20.3. Molecular Beam Epitaxy 11.20.4. Metal-Organic Vapor Phase Epitaxy 11.21. Rest of Europe GaAs Wafer Market Forecast, By Application 11.21.1. RF Electronics 11.21.2. Photovoltaic Devices 11.21.3. Optoelectronic Devices 11.21.4. Others 11.22. Europe GaAs Wafer Market Attractiveness Analysis 11.22.1. By Production Method 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific GaAs Wafer Market Analysis 12.1. Key Findings 12.2. Asia Pacific GaAs Wafer Market Overview 12.3. Asia Pacific GaAs Wafer Market Value Share Analysis, By Production Method 12.4. Asia Pacific GaAs Wafer Market Forecast, By Production Method 12.4.1. Vertical Gradient Freeze 12.4.2. Liquid Encapsulated Czochralski 12.4.3. Molecular Beam Epitaxy 12.4.4. Metal-Organic Vapor Phase Epitaxy 12.5. Asia Pacific GaAs Wafer Market Value Share Analysis, By Application 12.6. Asia Pacific GaAs Wafer Market Forecast, By Application 12.6.1. RF Electronics 12.6.2. Photovoltaic Devices 12.6.3. Optoelectronic Devices 12.6.4. Others 12.7. Asia Pacific GaAs Wafer Market Value Share Analysis, by Country 12.8. Asia Pacific GaAs Wafer Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific GaAs Wafer Market Analysis, by Country 12.10. China GaAs Wafer Market Forecast, By Production Method 12.10.1. Vertical Gradient Freeze 12.10.2. Liquid Encapsulated Czochralski 12.10.3. Molecular Beam Epitaxy 12.10.4. Metal-Organic Vapor Phase Epitaxy 12.11. China GaAs Wafer Market Forecast, By Application 12.11.1. RF Electronics 12.11.2. Photovoltaic Devices 12.11.3. Optoelectronic Devices 12.11.4. Others 12.12. India GaAs Wafer Market Forecast, By Production Method 12.12.1. Vertical Gradient Freeze 12.12.2. Liquid Encapsulated Czochralski 12.12.3. Molecular Beam Epitaxy 12.12.4. Metal-Organic Vapor Phase Epitaxy 12.13. India GaAs Wafer Market Forecast, By Application 12.13.1. RF Electronics 12.13.2. Photovoltaic Devices 12.13.3. Optoelectronic Devices 12.13.4. Others 12.14. Japan GaAs Wafer Market Forecast, By Production Method 12.14.1. Vertical Gradient Freeze 12.14.2. Liquid Encapsulated Czochralski 12.14.3. Molecular Beam Epitaxy 12.14.4. Metal-Organic Vapor Phase Epitaxy 12.15. Japan GaAs Wafer Market Forecast, By Application 12.15.1. RF Electronics 12.15.2. Photovoltaic Devices 12.15.3. Optoelectronic Devices 12.15.4. Others 12.16. ASEAN GaAs Wafer Market Forecast, By Production Method 12.16.1. Vertical Gradient Freeze 12.16.2. Liquid Encapsulated Czochralski 12.16.3. Molecular Beam Epitaxy 12.16.4. Metal-Organic Vapor Phase Epitaxy 12.17. ASEAN GaAs Wafer Market Forecast, By Application 12.17.1. RF Electronics 12.17.2. Photovoltaic Devices 12.17.3. Optoelectronic Devices 12.17.4. Others 12.18. Rest of Asia Pacific GaAs Wafer Market Forecast, By Production Method 12.18.1. Vertical Gradient Freeze 12.18.2. Liquid Encapsulated Czochralski 12.18.3. Molecular Beam Epitaxy 12.18.4. Metal-Organic Vapor Phase Epitaxy 12.19. Rest of Asia Pacific GaAs Wafer Market Forecast, By Application 12.19.1. RF Electronics 12.19.2. Photovoltaic Devices 12.19.3. Optoelectronic Devices 12.19.4. Others 12.20. Asia Pacific GaAs Wafer Market Attractiveness Analysis 12.20.1. By Production Method 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa GaAs Wafer Market Analysis 13.1. Key Findings 13.2. Middle East & Africa GaAs Wafer Market Overview 13.3. Middle East & Africa GaAs Wafer Market Value Share Analysis, By Production Method 13.4. Middle East & Africa GaAs Wafer Market Forecast, By Production Method 13.4.1. Vertical Gradient Freeze 13.4.2. Liquid Encapsulated Czochralski 13.4.3. Molecular Beam Epitaxy 13.4.4. Metal-Organic Vapor Phase Epitaxy 13.5. Middle East & Africa GaAs Wafer Market Value Share Analysis, By Application 13.6. Middle East & Africa GaAs Wafer Market Forecast, By Application 13.6.1. RF Electronics 13.6.2. Photovoltaic Devices 13.6.3. Optoelectronic Devices 13.6.4. Others 13.7. Middle East & Africa GaAs Wafer Market Value Share Analysis, by Country 13.8. Middle East & Africa GaAs Wafer Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa GaAs Wafer Market Analysis, by Country 13.10. GCC GaAs Wafer Market Forecast, By Production Method 13.10.1. Vertical Gradient Freeze 13.10.2. Liquid Encapsulated Czochralski 13.10.3. Molecular Beam Epitaxy 13.10.4. Metal-Organic Vapor Phase Epitaxy 13.11. GCC GaAs Wafer Market Forecast, By Application 13.11.1. RF Electronics 13.11.2. Photovoltaic Devices 13.11.3. Optoelectronic Devices 13.11.4. Others 13.12. South Africa GaAs Wafer Market Forecast, By Production Method 13.12.1. Vertical Gradient Freeze 13.12.2. Liquid Encapsulated Czochralski 13.12.3. Molecular Beam Epitaxy 13.12.4. Metal-Organic Vapor Phase Epitaxy 13.13. South Africa GaAs Wafer Market Forecast, By Application 13.13.1. RF Electronics 13.13.2. Photovoltaic Devices 13.13.3. Optoelectronic Devices 13.13.4. Others 13.14. Rest of Middle East & Africa GaAs Wafer Market Forecast, By Production Method 13.14.1. Vertical Gradient Freeze 13.14.2. Liquid Encapsulated Czochralski 13.14.3. Molecular Beam Epitaxy 13.14.4. Metal-Organic Vapor Phase Epitaxy 13.15. Rest of Middle East & Africa GaAs Wafer Market Forecast, By Application 13.15.1. RF Electronics 13.15.2. Photovoltaic Devices 13.15.3. Optoelectronic Devices 13.15.4. Others 13.16. Middle East & Africa GaAs Wafer Market Attractiveness Analysis 13.16.1. By Production Method 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America GaAs Wafer Market Analysis 14.1. Key Findings 14.2. South America GaAs Wafer Market Overview 14.3. South America GaAs Wafer Market Value Share Analysis, By Production Method 14.4. South America GaAs Wafer Market Forecast, By Production Method 14.4.1. Vertical Gradient Freeze 14.4.2. Liquid Encapsulated Czochralski 14.4.3. Molecular Beam Epitaxy 14.4.4. Metal-Organic Vapor Phase Epitaxy 14.5. South America GaAs Wafer Market Value Share Analysis, By Application 14.6. South America GaAs Wafer Market Forecast, By Application 14.6.1. RF Electronics 14.6.2. Photovoltaic Devices 14.6.3. Optoelectronic Devices 14.6.4. Others 14.7. South America GaAs Wafer Market Value Share Analysis, by Country 14.8. South America GaAs Wafer Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America GaAs Wafer Market Analysis, by Country 14.10. Brazil GaAs Wafer Market Forecast, By Production Method 14.10.1. Vertical Gradient Freeze 14.10.2. Liquid Encapsulated Czochralski 14.10.3. Molecular Beam Epitaxy 14.10.4. Metal-Organic Vapor Phase Epitaxy 14.11. Brazil GaAs Wafer Market Forecast, By Application 14.11.1. RF Electronics 14.11.2. Photovoltaic Devices 14.11.3. Optoelectronic Devices 14.11.4. Others 14.12. Mexico GaAs Wafer Market Forecast, By Production Method 14.12.1. Vertical Gradient Freeze 14.12.2. Liquid Encapsulated Czochralski 14.12.3. Molecular Beam Epitaxy 14.12.4. Metal-Organic Vapor Phase Epitaxy 14.13. Mexico GaAs Wafer Market Forecast, By Application 14.13.1. RF Electronics 14.13.2. Photovoltaic Devices 14.13.3. Optoelectronic Devices 14.13.4. Others 14.14. Rest of South America GaAs Wafer Market Forecast, By Production Method 14.14.1. Vertical Gradient Freeze 14.14.2. Liquid Encapsulated Czochralski 14.14.3. Molecular Beam Epitaxy 14.14.4. Metal-Organic Vapor Phase Epitaxy 14.15. Rest of South America GaAs Wafer Market Forecast, By Application 14.15.1. RF Electronics 14.15.2. Photovoltaic Devices 14.15.3. Optoelectronic Devices 14.15.4. Others 14.16. South America GaAs Wafer Market Attractiveness Analysis 14.16.1. By Production Method 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Advanced Wireless Semiconductor Company 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Global Communication Semiconductors, LLC 15.3.3. Ommic S.A 15.3.4. WIN Semiconductors Corporation 15.3.5. AXT Inc 15.3.6. Century Epitech Co Ltd 15.3.7. Powerway Advanced Material Co., Ltd 15.3.8. Intelligent Epitaxy Technology, Inc 15.3.9. Sumitomo Electric Semiconductor Materials Inc 15.3.10. Freiberger Compound Materials GmbH 15.3.11. Valley Design 15.3.12. MTI Corporation 15.3.13. Ceramic Substrates and Components 15.3.14. Freiberger Compound Materials 15.3.15. China Crystal Technologies 15.3.16. Yunnan Germanium 15.3.17. DOWA Electronics Materials 15.3.18. IQE Corporation 16. Primary Key Insights