Title: Gallium Arsenide Market - Forecast 2021 - 2026
1Gallium Arsenide Market - Forecast 2021 -
2026Market 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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By Distribution Channel- Segment
Analysis Gallium Arsenide market is expected to
witness a highest CAGR of 8.5 the forecast
period. The demand for Gallium Arsenide is driven
by smartphones and other applications across the
consumer electronics industry, which require
semiconductor ICs. In addition, increasing
numbers of Internet of Things (IoT) devices is
expected to force the semiconductor industry to
invest in this equipment, in a bid to attain
intelligent products.
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- Gallium ArsenideMarket Outlook
- Advanced Wireless Semiconductor Co
- AXT Inc
- Freiberger Compound Materials GmbH
- GCS Holdings Inc
- IntelliEPI Inc
- IQE Plc
- OMMIC SAS
- Qorvo Inc
- WIN Semiconductors Corp
- Xiamen Power way Advanced Material Co. Ltd
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Gallium Arsenide Market - Forecast
2021 - 2026 Learn More About the Report _at_
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