LONDON--(BUSINESS WIRE)--Aug 26, 2020--

Technavio has been monitoring the gallium arsenide (GaAs) wafers market and it is poised to grow by 2.27 mn t during 2020-2024, progressing at a CAGR of over 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Gallium Arsenide (GaAs) Wafers Market 2020-2024 (Graphic: Business Wire)

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Frequently Asked Questions:

• What are the major trends in the market?
  Rising penetration of LEDs in general lighting is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 13.62% and the incremental growth of the market is anticipated to be 2.27 million tons.
• Who are the top players in the market?
  Advanced Wireless Semiconductor Co., AXT Inc., Freiberger Compound Materials GmbH, GCS Holdings Inc., IntelliEPI Inc., IQE Plc, OMMIC SAS, Qorvo Inc., WIN Semiconductors Corp., and Xiamen Powerway Advanced Material Co. Ltd., are some of the major market participants.
• What is the key market driver?
  The increasing adoption of smartphones is one of the major factors driving the market.
• How big is the APAC market?
  The APAC region will contribute 69% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Advanced Wireless Semiconductor Co., AXT Inc., Freiberger Compound Materials GmbH, GCS Holdings Inc., IntelliEPI Inc., IQE Plc, OMMIC SAS, Qorvo Inc., WIN Semiconductors Corp., and Xiamen Powerway Advanced Material Co. Ltd. are some of the major market participants. The increasing adoption of smartphones will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Gallium Arsenide (GaAs) Wafers Market 2020-2024: Segmentation

Gallium Arsenide (GaAs) Wafers Market is segmented as below:

• Application
  • Mobile Devices
  • Wireless Communication
  • Aerospace And Defense
  • Others
• Geography
  • APAC
  • North America
  • Europe
  • MEA
  • South America

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Gallium Arsenide (GaAs) Wafers Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The gallium arsenide (GaAs) wafers market report covers the following areas:

• Gallium Arsenide (GaAs) Wafers Market Size
• Gallium Arsenide (GaAs) Wafers Market Trends
• Gallium Arsenide (GaAs) Wafers Market Industry Analysis

This study identifies rising penetration of LEDs in general lighting as one of the prime reasons driving the gallium arsenide (GaAs) wafers market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Gallium Arsenide (GaAs) Wafers Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist gallium arsenide (GaAs) wafers market growth during the next five years
• Estimation of the gallium arsenide (GaAs) wafers market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the gallium arsenide (GaAs) wafers market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of gallium arsenide (GaAs) wafers market, vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application by Volume

• Market segments
• Comparison by Application by volume
• Mobile devices - Market size and forecast 2019-2024
• Wireless communication - Market size and forecast 2019-2024
• Aerospace and defense - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Application by volume

Market Segmentation by Type by Volume

• Market segments
• Comparison by Type volume chart
• SC GaAs - Market size and forecast 2019-2024
• SI GaAs - Market size and forecast 2019-2024
• Market opportunity by Type volume chart

Customer Landscape

Geographic Landscape by Volume

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024 (million t)
• North America - Market size and forecast 2019-2024 (million t)
• Europe - Market size and forecast 2019-2024 (million t)
• MEA - Market size and forecast 2019-2024 (million t)
• South America - Market size and forecast 2019-2024 (million t)
• Key leading countries
• Market opportunity by geography
• Volume driver-Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 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 Powerway Advanced Material Co. Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

   

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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INDUSTRY KEYWORD: MOBILE/WIRELESS TECHNOLOGY SEMICONDUCTOR

SOURCE: Technavio Research

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PUB: 08/26/2020 06:15 PM/DISC: 08/26/2020 06:15 PM

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