The gallium arsenide wafers are next generation technology because they operate faster than the silicon semiconductors, they support a new, faster network called 5G. Gallium arsenide GaAs represents the next generation of semiconductor chips because the chips can do things that the silicon chips cannot do. GaAs does have a considerably higher bandgap than silicon. It is a direct band-gap semiconductor with a zinc blende crystal structure. Sensing for autonomous and electric vehicles is one use of technology. 3D Sensing for consumer electronics and use for lasers is common. Units are used in radar and lasers. The benefits of using GaAs in devices derive in part from the characteristic that GaAs generates less noise than most other types of semiconductor components. As a result, it is useful in weak-signal amplification applications. Due to these benefits related to generating less noise, GaAs is a suitable replacement for silicon in the manufacture of linear and digital ICs. A gallium arsenide wafer is also known as the Gallium arsenide substrate.
This report contains market size and forecasts of Gallium Arsenide Next Generation Semiconductor in global, including the following market information:
Global Gallium Arsenide Next Generation Semiconductor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Gallium Arsenide Next Generation Semiconductor Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Gallium Arsenide Next Generation Semiconductor companies in 2021 (%)
The global Gallium Arsenide Next Generation Semiconductor market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
LEC Grown GaAs Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Gallium Arsenide Next Generation Semiconductor include Freiberger Compound Materials, AXT, Sumitomo Electric, China Crystal Technologies, Shenzhou Crystal Technology, Tianjin Jingming Electronic Materials, Yunnan Germanium, DOWA Electronics Materials and II-VI Incorporated, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Gallium Arsenide Next Generation Semiconductor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gallium Arsenide Next Generation Semiconductor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Gallium Arsenide Next Generation Semiconductor Market Segment Percentages, by Type, 2021 (%)
LEC Grown GaAs
VGF Grown GaAs
Global Gallium Arsenide Next Generation Semiconductor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Gallium Arsenide Next Generation Semiconductor Market Segment Percentages, by Application, 2021 (%)
Wireless Communication
Optoelectronic Devices
Others
Global Gallium Arsenide Next Generation Semiconductor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Gallium Arsenide Next Generation Semiconductor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gallium Arsenide Next Generation Semiconductor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Gallium Arsenide Next Generation Semiconductor revenues share in global market, 2021 (%)
Key companies Gallium Arsenide Next Generation Semiconductor sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Gallium Arsenide Next Generation Semiconductor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Freiberger Compound Materials
AXT
Sumitomo Electric
China Crystal Technologies
Shenzhou Crystal Technology
Tianjin Jingming Electronic Materials
Yunnan Germanium
DOWA Electronics Materials
II-VI Incorporated
IQE Corporation
Wafer Technology