The global gallium arsenide wafer market is expected to reach $1.3 billion by 2023


   July 4 2018
According to a new market report published by Lucintel, the future of the gallium arsenide wafer market looks attractive with opportunities in radio frequency (RF) electronics and optoelectronics. The global gallium arsenide wafer market is expected to reach an estimated $1.3 billion by 2023 with a CAGR of 11.5% from 2018 to 2023. The major drivers of growth for this market are increasing adoption of smartphones and growing penetration of light emitting diode (LED) in general lighting.

Browse 50 Market Data Tables and 67 Figures spread through 111 Pages and in-depth TOC on “Gallium Arsenide Wafer Market- Global Forecast to 2023” http://www.lucintel.com/gallium-arsenide-wafer-market-2018.aspx

Vertical gradient freeze (VGF) and Liquid Encapsulated Czochralski (LEC) are the two major manufacturing technologies used to manufacture gallium arsenide wafer. VGF will remain the largest manufacturing technology, and it is expected to witness highest growth during the forecast period as it produces sub­strates with relatively low defect densities and higher mechanical strength.

Gallium arsenide wafer is categorized into two substrate types: semi-conducting substrte and semi-insulating. The semi-conducting substrate type is expected to remain the largest segment and witness the highest growth over the forecast period due to increased demand for LEDs, lasers, and photodiodes. 

Download PDF Brochure @ http://www.lucintel.com/rb/gallium-arsenide-wafer-market-2018.aspx

In the GaAs wafer market, optoelectronics will remain the largest application segment, and this segment is also expected to grow at highest rate during the forecast period supported by the increasing demand for LEDs and lasers.

Asia Pacific is expected to be the largest region by value and will experience the highest growth over the forecast period supported by increasing demand for smartphones and LEDs in China, Japan, Taiwan, and India.

Download Free Sample @ http://www.lucintel.com/ds/gallium-arsenide-wafer-market-2018.aspx

Emerging trends, which have a direct impact on the dynamics of the industry, include growing demand for larger size GaAs wafers and reusing gallium arsenide wafers for higher performance devices. Freiberger Compound Materials GmbH, Sumitomo Electric Industries, Ltd., AXT, Inc., Mitsubishi Chemical Corporation, DOWA Electronics Materials Co., Ltd. are among the major GaAs wafer providers.

The study includes a forecast for the global gallium arsenide wafer by substrate type, manufacturing technology, application, and region as follows:

By Substrate Type [$M shipment analysis from 2012 to 2023]:



  • Semi-Insulating Gallium Arsenide (SI GaAs)


  • Semi-Conducting Gallium Arsenide (SC GaAs)


By Manufacturing Technology [$M shipment analysis from 2012 to 2023]:



  • Liquid Encapsulated Czochralski (LEC)


  • Vertical Gradient Freeze (VGF)


  • Others


By Application [$M shipment analysis from 2012 to 2023]:



  • RF Electronics


  • Optoelectronics


By Region [$M shipment analysis for 2012 – 2023]:



  • North America


    • United States


    • Canada


    • Mexico




  • Europe


    • United Kingdom


    • Germany




  • Asia Pacific


    • China


    • Taiwan


    • Japan


    • The Rest of the World




This 111-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/toc/gallium-arsenide-wafer-market-2018.aspx or helpdesk@lucintel.com  

Inquiry before buying@ http://www.lucintel.com/pq/gallium-arsenide-wafer-market-2018.aspx

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com

Current Press Releases of Lucintel @ http://www.lucintel.com/press-release.aspx

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [50]
Chemical [129]
Composites & Advanced Materials [112]
Construction & Industrial [48]
Consumer and Retail [85]
Economic Analysis [86]
Energy & Utility [71]
Finance & Services [10]
Healthcare [29]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [61]
Transportation [83]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on