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 u...