Title: Gallium Arsenide Market
1Gallium Arsenide 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. In
addition, owing to a wide direct band gap
material that resists radiation damage, GaAs is
an excellent option for outer space electronics
and optical windows in high power applications.
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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 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. Countries such as India, China,
Taiwan, South Korea and so on are few of the
prominent markets for Gallium Arsenide, and this
is primarily attributed to the growing demand for
advanced technologies across numerous end-user
industries, high growth of the consumer
electronics industry, rising support for the
semiconductor industry in the region.
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- Gallium Arsenide Market - Industry 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.
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Gallium Arsenide Market - Forecast(2021 -
2026) Learn More About the Report _at_
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nide-Market-Research-509501
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