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GaAs Wafer Market - Forecast(2022 - 2027)

Gallium Arsenide (GaAS), a mixture of gallium and arsenic, is a compound semiconductor of Gallium that is formed by melting of metals such as aluminum and zinc and Arsenic. While gallium is said to be rarer than gold, arsenic is known to be poisonous.

Initially, GaAs was used in applications of high efficiency and low noise high frequency such as defense, mobile phones. The growing smartphone market coupled with the development of advanced communication technologies such as 4G and 5G is expected to continue to drive the GaAs wafer market. Increasing mobile data traffic and storage is a factor that will have a high impact on the GaAs wafer market beyond the forecast period considered in this report. GaAs has the advantage of generating lesser noise as compared to other semiconductor components and hence are useful for signal amplification applications. More recently, gallium arsenide is being used in diodes, LEDs, field effect transistors and integrated circuits. GaAs perform well at ultra high radio frequencies and applications requiring rapid electronic switching. GaAs cells are also comparatively insensitive to heat. Another factor augmenting this market is the increase in size of the GaAs wafer which in turn aids in decreasing the manufacturing costs of the wafers. There is a significant amout of research and development being conducted across universities, research institutes and company labs across the world. This is also expected to impact the market in a positive manner.

Price is a factor impacting this market as silicon is much cheaper than GaAs and hence currently, GaAs has found use only in niche applications that can justify the high cost. 

 GaAs Wafer Market

In terms of devices, the GaAs Wafer market has been segmented across the following:

Solar Cells

Detectors

Mobile Devices

Wireless Communication

Transistors

LEDs 

Others

The market has also been segmented on the basis of type of production method as:

MOCVE

MBE

VPE

Vertical gradient freeze (VGF)

Crystal Growth

Liquid encapsulated Czochralski (LEC) 

Others

The market has been segmented based on the following geographies:

North America

South America

APAC

Europe

Middle East 

Africa

Sample Companies Profiled in this Report are:

Valley Design

MTI Corporation

Powerway Advanced Material

Ceramic Substrates and Components 

Semiconductor Wafer

10+.

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