GaAs Wafer Market - Forecast 2022-2027

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GaAs Wafer Market  Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share,
Market Report 2022-2027
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• Gallium Arsenide (GaAs) Market Size is forecast
  to reach 2.2 billion by 2027, growing at a CAGR
  of 11.1 during 2022-2027.
•  
• 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 semiconductor device epitaxy. 

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• Key Takeaways
• GaAs Wafer Market in Asia-Pacific region held
  significant market share of 36.5 in 2021, owing
  to the 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.
• The demand for Gallium Arsenide is driven by
  smartphones and other applications across the
  consumer electronics industry, which require
  semiconductor ICs. 

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By Distribution Channel- Segment
Analysis ertical Gradient Freeze (VGF) Grown
GaAs segment held significant market share of
32.2 in 2021. 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. Such semiconductors offer
capabilities that exceed those of wafers created
on a single crystal silicon substrate. The main
advantages of the VGF process include its
scalability, low stress, high mechanical
strength, and a defect rate that is orders of
magnitude lower than conventional compound
semiconductor crystal growth processes.
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• GaAs Wafer 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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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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