DUBLIN--(BUSINESS WIRE)--The "Global
GaAs Wafers Market 2018-2022" report has been added to ResearchAndMarkets.com's
offering.
The global GaAs wafers market to grow at a CAGR of 12.02% during the
period 2018-2022.
Global GaAs Wafers Market 2018-2022, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects over the coming
years. The report also includes a discussion of the Key vendors
operating in this market. To calculate the market size, the report
considers the revenue generated from the use in various applications
including wireless communication network, mobile devices and aerospace
and defense.
The emerging concept of Internet of Things (IoT) will be a major trend
contributing to the growth of the gallium arsenide (GaAs) wafers market.
GaAs based devices have better functionality and scalability than
silicon and other compound semiconductor-based devices. Moreover,
greater compatibility of GaAs wafers with IoT network is leading to a
demand for high frequency GaAs based communication devices by industries
looking to expand their communication infrastructure.
According to the report, one of the major drivers for this market is the
growth of the solar power industry and launch of several solar power
backed schemes in countries such as India, China, Japan, France,
Australia and the US. The shift towards renewable sources for
electricity production is resulting in growth of the solar industry
which in turn is driving the demand for GaAs wafers which are used to
make solar cells.
Further, the report states that one of the major factors hindering the
growth of this market is the emergence of alternatives such as gallium
nitride (GaN) and indium phosphide (InP). GaN can impart high frequency
and power to multiple devices whereas InP has greater electron
velocities than GaAs making it suitable for power electronic devices.
The probability of GaAs devices being substituted by these alternatives
is high, thus leading to a negative impact on the GaAs wafers market.
Market trends
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Emerging concept of Internet of Things (IoT)
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Government focus on defense sector
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Advancements in network infrastructure
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Increased adoption of LED lights
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Huge investments in aerospace and aviation sectors
Key vendors
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Advanced Wireless Semiconductor
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AXT
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DOWA Electronics Materials
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Global Communication Semiconductors
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IQE
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WIN Semiconductor
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Application
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix