The global Gallium Arsenide Wafers market was valued at US$ 270.8 million in 2022 and is projected to reach US$ 465.3 million by 2029, at a CAGR of 8.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Gallium arsenide (GaAs) is a compound of the elements gallium and arsenic. It is a III-V direct bandgap semiconductor with a zinc blende crystal structure.
Gallium arsenide is used in the manufacture of devices such as microwave frequency integrated circuits, monolithic microwave integrated circuits, infrared light-emitting diodes, laser diodes, solar cells and optical windows.
Gallium Arsenide Wafers Market aims to provide a comprehensive presentation of the global market for Gallium Arsenide Wafers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gallium Arsenide Wafers. Gallium Arsenide Wafers Market contains market size and forecasts of Gallium Arsenide Wafers in global, including the following market information:
Global Gallium Arsenide Wafers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Gallium Arsenide Wafers Market Sales, 2018-2023, 2024-2029, (K Square Inches)
Global top five Gallium Arsenide Wafers companies in 2022 (%)
Global key players of gallium arsenide (GaAs) wafer include Freiberger Compound Materials, AXT, Inc, Sumitomo Electric Industries, Ltd, Vital Materials, China Crystal Technologies Co., Ltd, H3C SecPath Series and DOWA Electronics Materials Co., Ltd, etc. Top 2 players occupy for a share about 50%. China is the largest market, with a share about 28%, followed by Europe and Japan. In terms of product, VGF method is the largest segment, with a share over 60%. In terms of application, RF is the largest market, with a share over 50%.
We surveyed the Gallium Arsenide Wafers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gallium Arsenide Wafers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Square Inches)
Global Gallium Arsenide Wafers Market Segment Percentages, by Type, 2022 (%)
- LEC Grown GaAs
- VGF Grown GaAs
- Other
Global Gallium Arsenide Wafers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Square Inches)
Global Gallium Arsenide Wafers Market Segment Percentages, by Application, 2022 (%)
- Wireless Communication
- Optoelectronic Devices
- Other
Global Gallium Arsenide Wafers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Square Inches)
Global Gallium Arsenide Wafers Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Gallium Arsenide Wafers revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Gallium Arsenide Wafers revenues share in global market, 2022 (%)
- Key companies Gallium Arsenide Wafers sales in global market, 2018-2023 (Estimated), (K Square Inches)
- Key companies Gallium Arsenide Wafers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Freiberger Compound Materials
- AXT
- Sumitomo Electric
- China Crystal Technologies
- Shenzhou Crystal Technology
- Tianjin Jingming Electronic Materials
- Yunnan Germanium
- DOWA Electronics Materials
- II-VI Incorporated
- IQE Corporation
- Wafer Technology
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Gallium Arsenide Wafers, market overview.
- Chapter 2: Global Gallium Arsenide Wafers market size in revenue and volume.
- Chapter 3: Detailed analysis of Gallium Arsenide Wafers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Gallium Arsenide Wafers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Gallium Arsenide Wafers capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.