Title: Gallium Arsenide (GaAs) Market Size Forecast to Reach $632.2 Billion by 2026
1Gallium Arsenide Market MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Gallium Arsenide (GaAs) Market Size is forecast
to reach 632.2 billion by 2026, growing at a
CAGR of 7.1 during 2021-2026. GaAs is
increasingly used as a replacement for silicon
because of its enhanced electronic properties and
was selectively grown on GaAs substrates
patterned with SiO2 by conventional molecular
beam epitaxy. Moreover growing demand for GaAs
across various end-user industries such as
aerospace defense, electronics, and
communications is analyzed to drive the Gallium
Arsenide Market share.
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- Key Takeaways
- Gallium Arsenide market in Asia-Pacific region
held significant market share of 36.5 in 2020,
owing to growing consumption of smartphones and
other high-performance electronics devices in the
region. - Vertical Gradient Freeze (VGF) Grown GaAs will
remain the largest manufacturing technology, and
it is expected to witness highest growth during
the forecast period as it produces substrates
with relatively low defect densities and higher
mechanical strength
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Gallium Arsenide Market Segment Analysis - By
Type Vertical Gradient Freeze (VGF) Grown GaAs
segment held significant market share of 40.5 in
2020. VGF Grown GaAs will remain the largest
manufacturing technology, and it is expected to
witness highest growth during the forecast period
as it produces substrates with relatively low
defect densities and higher mechanical strength.
Vertical gradient freeze (VGF) technology is a
proven technique for growing semiconductors
composed of multiple elements that include
gallium, arsenic, indium, and phosphorus.
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- Gallium Arsenide Market -OutLook
- Freiberger Compound Materials GmbH,
- GCS Holdings Inc.,
- IntelliEPI Inc.,
- IQE Plc,
- OMMIC SAS,
- Qorvo Inc.,
- WIN Semiconductors Corp
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Gallium Arsenide Market Forecast(2021
- 2026) Learn More About
the Report _at_ https//www.industryarc.com/Research/
Gallium-Arsenide-Market-Research-509501
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- Data Tables
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509501
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