Global Gallium Arsenide Market Research Report 2020

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 (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. In 2015, the global consumption volume of GaAs reached 7975 K Units.

For industry structure analysis, the GaAs industry is highly concentrated. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry, but the top six producers account for more than 70% of the market. Regionally, Europe is the biggest production and consumption area of GaAs, also the leader in the whole industry. China and USA also produce large amount of GaAs per year.

Regionally, GaAs suppliers are concentrated in Europe, USA, China, Japan and Taiwan. Leading suppliers in this industry are Freiberger Compound Materials, AXT, Sumitomo Electric, China Crystal Technologies, Visual Photonics Epitaxy, Shenzhou Crystal Technology.

GaAs can be classified based on its production method. In 2015, VGF Grown GaAs takes 57.46% share of global market, while LEC Grown GaAs takes share of 32.07%. The largest consumption area of GaAs is optoelectronic devices, which accounted for 55.93% of world GaAs consumption in 2015. Before 2013, the largest consumption industry is wireless communication.

Market Analysis and Insights: Global Gallium Arsenide Market
The global Gallium Arsenide market is valued at 414.2 million US$ in 2020 is expected to reach 630.6 million US$ by the end of 2026, growing at a CAGR of 6.1% during 2021-2026.
Global Gallium Arsenide Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
LEC Grown GaAs
VGF Grown GaAs
Others

Segment by Application
Wireless Communication
Optoelectronic Devices

Global Gallium Arsenide Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Gallium Arsenide market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Gallium Arsenide Market:

Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Freiberger Compound Materials, AXT, Sumitomo Electric, China Crystal Technologies, Visual Photonics Epitaxy, Shenzhou Crystal Technology, Tianjin Jingming Electronic Materials, Yunnan Germanium, DOWA Electronics Materials, II-VI Incorporated, IQE Taiwan Corporation, etc.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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