MarketResearchNest.com adds “Global Gallium Arsenide (GaAs) Wafers Market 2017-2021” new report to its research database. The report spread across 87 pages with table and figures in it.
Research analysts forecast the global gallium arsenide wafer market to decline at a CAGR of (11.94%) during the period 2017-2021.
About Gallium Arsenide Wafer
A wafer in the semiconductor industry is also known as a substrate. This thin slice of material is made from components such as silicon as well as compound semiconductor materials such as gallium nitride (GaN) and gallium arsenide (GaAs). These wafers are used for the fabrication of integrated circuits (ICs) and also to develop solar cells in photovoltaics. A microelectronic device is built in and over this wafer (acts as a base) by undergoing several fabrication steps such as ion implantation, etching, deposition, and lithography. The microelectronic devices or circuits formed are finally packaged to prevent corrosion and ensure 100% functionality. GaAs wafers are made using the elements of gallium and arsenic. GaAs can be manufactured using industrial processes such as vertical gradient freeze (VGF), Bridgman-Stockbarger technique, and liquid encapsulated Czochralski (LEC) growth.
Covered in this report
The report covers the present scenario and the growth prospects of the global gallium arsenide wafer market for 2017-2021. To calculate the market size, the report considers the shipments, estimated asp and the overall value of the market. Things excluded from market estimates include spares, sales and aftermarket services.
Browse full table of contents and data tables at https://www.marketresearchnest.com/global-gallium-arsenide-gaas-wafers-market-2017-2021.html
The market is divided into the following segments based on geography:
Technavio’s report, Global Gallium Arsenide Wafer Market 2017-2021, 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.
Technavio Announces the Publication of its Research Report – Global Gallium Arsenide Wafer Market 2017-2021
Technavio recognizes the following companies as the key players in the global gallium arsenide wafer market: AWSC, GCSs, and WIN Semiconductors.
Other Prominent Vendors in the market are: AXT, Century Epitech, Freiberger Compound Materials (FCM), Intelligent Epitaxy Technology (IntelliEPI), IQE PLC, OMMIC, Xiamen Powerway Advanced Material, Qorvo, Sumitomo Electric Industries, United Monolithic Semiconductors (UMS), and Visual Photonics Epitaxy (VPEC).
Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Shutdown of 2G network. High-speed Internet has now become readily available worldwide. The data speed of a 4G connection is 10 times faster 3G data speed. This high-speed connectivity results in faster browsing, uninterrupted streaming of videos, and improved GPS performance. Thus, countries are now focusing on the adoption of 3G or 4G connectivity and shutting down 2G network spectrums.”
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According to the report, one of the major drivers for this market is Increasing adoption of smartphones. Shipments of smartphones will reach 2.16 billion units by 2021, which is a significant increase from around 1.6 billion units in 2016. The major driving factor responsible for this growth is the rising smartphone penetration in countries with high population density such as China, India, and Brazil. The growth in the shipment volume of smartphones will drive the demand for GaAs wafers used in mobile handsets, particularly for mobile power amplifiers.
Further, the report states that one of the major factors hindering the growth of this market is High production cost of GaAs wafers. Computer chips, solar cells, and most of the electronic devices have usually been based on silicon. The exclusive electronic properties of silicon can be manipulated to turn electricity on and off the way faucets control the flow of water. GaAs is one such semiconductor material that has certain technical advantages over silicon. For example, electrons flow through its crystalline structure faster than they can move through silicon. However, the key reason for silicon still being preferred for most of the electronic devices is because GaAs devices are much more expensive than silicon.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;
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Mr. Jeet Jain