Dublin, July 12, 2018 (GLOBE NEWSWIRE) -- The "Gallium Arsenide Wafer Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The future of the gallium arsenide wafer market looks attractive with opportunities in radio frequency (RF) electronics and optoelectronics.
The global gallium arsenide wafer market is expected to reach an estimated $1.3 billion by 2023 with a CAGR of 11.5% from 2018 to 2023. The major drivers of growth for this market are increasing adoption of smartphones and growing penetration of light emitting diode (LED) in general lighting. Emerging trends, which have a direct impact on the dynamics of the gallium arsenide wafer industry, include growing demand for larger size GaAs wafers and reusing gallium arsenide wafers for higher performance devices.
Market Segmentation
Gallium Arsenide Wafer Market by Substrate Type [$M shipment analysis from 2012 to 2023]:
- Semi-Insulating Gallium Arsenide (SI GaAs)
- Semi-Conducting Gallium Arsenide (SC GaAs)
Gallium Arsenide Wafer Market by Manufacturing Technology [$M shipment analysis from 2012 to 2023]:
- Liquid Encapsulated Czochralski (LEC)
- Vertical Gradient Freeze (VGF)
- Others
Gallium Arsenide Wafer Market by Application [$M shipment analysis from 2012 to 2023]:
- RF Electronics
- Optoelectronics
Gallium Arsenide Wafer Market by Region [$M shipment analysis for 2012-2023]:
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- Asia Pacific
- China
- Taiwan
- Japan
- The Rest of the World
VGF will remain the largest manufacturing technology, and it is expected to witness highest growth during the forecast period as it produces substrates with relatively low defect densities and higher mechanical strength.
In the GaAs wafer market, optoelectronics will remain the largest application segment, and this segment is also expected to grow at highest rate during the forecast period supported by the increasing demand for LEDs and lasers.
Asia Pacific is expected to be the largest region by value and will experience the highest growth over the forecast period supported by increasing demand for smartphones and LEDs in China, Japan, Taiwan, and India.
Report Features
- Market size estimates: Global gallium arsenide wafer market size estimation in terms of value ($M) and volume (Million Pounds) shipment.
- Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
- Segmentation analysis: Global gallium arsenide wafer market size by various applications such as substrate type, manufacturing technology, and application in terms of value and volume shipment.
- Regional analysis: Global gallium arsenide wafer market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of gallium arsenide wafer in the gallium arsenide wafer market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of gallium arsenide wafer in the gallium arsenide wafer market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Key Topics Covered
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2012 to 2023
3.1: Macroeconomic Trends and Forecast
3.2: Global Gallium Arsenide Wafer Market Trends and Forecast
3.3: Global Gallium Arsenide Wafer Market by Substrate Type
3.3.1: Semi-Insulating Gallium Arsenide (SI GaAs) Wafers
3.3.2: Semi-Conducting Gallium Arsenide (SC GaAs) Wafers
3.4: Global Gallium Arsenide Wafer Market by Manufacturing Technologies
3.4.1: Liquid Encapsulated Czochralski (LEC)
3.4.2: Vertical Gradient Freeze (VGF)
3.4.3: Others
3.5: Global Gallium Arsenide Wafer Market by Application
3.5.1: RF Electronics
3.5.2: Optoelectronics
4. Market Trends and Forecast Analysis by Region
4.1: Global Gallium Arsenide Wafer Market by Region
4.2: North American Gallium Arsenide Wafer Market
4.2.1: North American Gallium Arsenide Wafer Market by Application
4.2.2: US Gallium Arsenide Wafer Market
4.2.3: Canadian Gallium Arsenide Wafer Market
4.2.4: Mexican Gallium Arsenide Wafer Market
4.3: European Gallium Arsenide Wafer Market
4.3.1: European Gallium Arsenide Wafer Market by Application
4.3.2: German Gallium Arsenide Wafer Market
4.3.3: UK Gallium Arsenide Wafer Market
4.4: APAC Gallium Arsenide Wafer Market
4.4.1: APAC Gallium Arsenide Wafer Market by Application
4.4.2: Chinese Gallium Arsenide Wafer Market
4.4.3: Japanese Gallium Arsenide Wafer Market
4.4.4: Taiwanese Gallium Arsenide Wafer Market
4.5: ROW Gallium Arsenide Wafer Market
4.5.1: ROW Gallium Arsenide Wafer Market by Application
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Gallium Arsenide (GaAs) Wafer Market by Application
6.1.2: Growth Opportunities for the Global Gallium Arsenide (GaAs) Wafer Market by Substrate Type
6.1.3: Growth Opportunities for the Global Gallium Arsenide (GaAs) Wafer Market by Manufacturing Technologies
6.1.4: Growth Opportunities for the Global Gallium Arsenide Wafer Market by Region
6.2: Emerging Trends in the Global Gallium Arsenide Wafer Market
6.3: Strategic Analysis
6.3.1: Geographical Expansion
6.3.2: Mergers, Acquisitions, Partnership, and Joint Ventures in the Global Gallium Arsenide Wafer Market
7. Company Profiles of Leading Players
7.1: AXT, Inc.
7.2: Mitsubishi Chemical Corporation
7.3: Sumitomo Electric Industries
7.4: Freiberger Compound Materials GmbH
7.5: DOWA Electronics Materials Co., Ltd.
7.6: Xiamen Powerway Advanced Material Co.
7.7: Wafer Technology Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/z6zlnh/growth?w=12