#Epi Wafer Market

[waferdaily]

Global Silicon EPI Wafer Market Analysis Report 2022-2028: Lucrative Opportunities Emerge with the Continuous ... - GlobeNewswire

Global Silicon EPI Wafer Market Analysis Report 2022-2028: Lucrative Opportunities Emerge with the Continuous ...  GlobeNewswire http://dlvr.it/SscTsY

[electronics-system]

 Silicon EPI wafer is an exotic semiconducting material. It is combined with epitaxial growth that is a deposition of a crystalline layer over a crystalline-based semiconductor substrate, called silicon EPI wafer. These wafers are used as a high purity layer and for the formation of thick dopes. An epitaxial wafer is used for photonics, microelectronics, spintronics, or photovoltaics in various application such as smart phones, LED, gyroscope, laptops, tablets, gaming consoles, and others.

[technogeekstmr]

Epitaxial (Epi) Wafer Market Key Players and Production Information analysis with Forecast 2030

Epitaxial (Epi) Wafer Market Key Players and Production Information analysis with Forecast 2030

Epitaxy is a method used to grow or lay a single crystalline film or layer over a crystalline-based semiconductor surface or substrate. The deposited substance must have a definite acclimatization with regard to the crystal-based semiconductor substrate. Moreover, Chip developers applies either molten or vapor based foundations to produce such epitaxial over layers. An epitaxial wafer is a wafer…

[digitrenndsamr]

Epi Wafer Market Reflect Impressive Growth Rate To During 2030

Transparency Market Research delivers key insights on the global Epi wafer market. In terms of revenue, the global Epi wafer market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global Epi wafer market.

The global Epi wafer market is broadly affected by several factors, including rising demand for Epi wafers in consumer electronic devices and an increase in adoption of Epi wafers in RF devices. The market for Epi wafer systems is likely to take off and it will be interesting to see how the contending innovation-based new technologies change in the years ahead.

Major Key Players of the Epi Wafer Market are:

Desert Silicon Inc., Electronics and Materials Corporation Ltd., EpiWorks Inc., Global Wafers Japan Co. Ltd., Intelligent Epitaxy Technology Inc., IQE PLC, Jenoptic AG, MOSPEC Semiconductor Corporation, Nichia Corporation, SHOWA DENKO K.K., Siltronic AG, and Visual Photonics Epitaxy Co. Ltd. The market also consists of some local manufacturers.

Get a sample copy of “Epi Wafer Market” at:  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=79986

Epi Wafer Market: Dynamics

Epi wafers are extensively used in consumer electronic devices such as smartphones, smartwatches, tablets, and smart TVs to enhance their performance and accuracy. Continuous development in wafer size leads to the development of consumer electronic products enabled with infrared detectors and sensors to operate devices conveniently. As the need for IR applications grows, manufacturers have begun to utilize appropriate IR materials in the design of Plano-optics as per the requirement of applications. Furthermore, demand for IR detectors is increasing with growing safety and security concerns in hotels, hospitals, offices, and airports, among others, which is anticipated to surge the demand for Epi wafers. Thus, an increase in the adoption of consumer electronic devices is expected to drive the growth of the global Epi wafer market during the forecast period.

In the telecommunications industry, high frequency signals are required for transmission of signals over long distances with minimum loss of signal strength. RF devices such as Wi-Fi wireless internet devices, Zigbee wireless devices, cordless telephones, and other devices are significantly used in offices, and commercial and residential places. The use of silicon wafers in RF devices is ideal, as they are capable of lowering the coupling between devices and provide low-loss substrates for high speed and system integration. Thus, increasing demand for RF devices in the global telecommunications sector is projected to have a positive impact on the global Epi wafer market during the forecast period.

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Various factors can affect the results of Epi wafers. The high resistivity silicon substrate is important to improve signal isolation and minimize substrate cross-talk in radiofrequency. The availability of a large diameter size is helpful to manufacturing large amounts of semiconductor and power devices at low manufacturing costs. In Epi wafers, float zone (above 200mm) silicon wafers are generally not greater than 200mm (8”) due to the surface tension limitations during growth and thus not suitable for modern CMOS processing where the standard wafer diameter is 12.’’ However, this limitation is expected to be resolved with continuous technological advancement, which will help to produce power devices and detector/sensor products at a lower cost.

Thus, this factor is projected to have a moderately negative impact on the global Epi wafer market during the forecast period.

Global Epi Wafer Market: Segmentation

Epi Wafer Market, by Material

Gallium

Arsenic

Gallium Nitride (GaN)

Gallium Arsenide (GaAs)

Indium Phosphide Gallium Arsenide (InGaAs)

Indium Phosphide (InP)

Others

Epi Wafer Market, by Wafer Size

50mm to 100mm

100mm to 150mm

150mm-200mm

Above 200mm

Epi Wafer Market, by Application

Microelectronics

Optoelectronics

RF Microwave Applications

Others

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[marketinsightshare]

Gallium Arsenide (GaAs) Market Size Forecast to Reach $632.2 Billion by 2026

Gallium Arsenide (GaAs) Market Size is forecast to reach $632.2 billion by 2026, growing at a CAGR of 7.1% during 2021-2026. GaAs is increasingly used as a replacement for silicon because of its enhanced electronic properties and was selectively grown on GaAs substrates patterned with SiO2 by conventional molecular beam epitaxy. Moreover growing demand for GaAs across various end-user industries such as aerospace & defense, electronics, and communications is analyzed to drive the Gallium Arsenide Market share. In addition, owing to a wide direct band gap material that resists radiation damage, GaAs is an excellent option for outer space electronics and optical windows in high power applications. Further, other key factors driving the growth of the GaAs market include increase in adoption of 5G networks across the world and the advent of IoT has been one of the major reasons responsible for the growing trend of the Gallium Arsenide market size. The technology has given rise to a demand for high-frequency communication devices made with GaAs based ICs. Furthermore, this remarkable growth in the Gallium Arsenide market is providing a huge number of opportunities for wafer, EPI wafer & metal-organic chemical vapor deposition equipment suppliers, and manufacturers in the forecast period 2021-2026.

Request for Sample Report  @ https://www.industryarc.com/pdfdownload.php?id=509501

Report Price: $ 5900 (Single User License)

Gallium Arsenide Market Segment Analysis - By Type

Vertical Gradient Freeze (VGF) Grown GaAs segment held significant market share of 40.5% in 2020. VGF Grown GaAs 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. Vertical gradient freeze (VGF) technology is a proven technique for growing semiconductors composed of multiple elements that include gallium, arsenic, indium, and phosphorus. Such semiconductors offer capabilities that exceed those of wafers created on a single crystal silicon substrate. The main advantages of the VGF process include its scalability, low stress, high mechanical strength, and a defect rate that is orders of magnitude lower than conventional compound semiconductor crystal growth processes. Hence these benefits are analysed to drive the growth rate of the gallium arsenide market in the forecast period 2021-2026.

Gallium Arsenide Market Segment Analysis - By Application

Smart phones segment in Gallium Arsenide market is expected to witness a highest CAGR of 8.5% the forecast period. The demand for Gallium Arsenide is driven by smartphones and other applications across the consumer electronics industry, which require semiconductor ICs. In addition, increasing numbers of Internet of Things (IoT) devices is expected to force the semiconductor industry to invest in this equipment, in a bid to attain intelligent products. Moreover, the continuous advancements in consumer electronics and the use of sensors in various electronic products are proliferating the applications of plasma etching in smartphones and their demand across almost all the industry sectors. In 2018, the South Korean government announced to invest $1.34 billion for the next ten years to support the development of next-generation semiconductor technology, to support Samsung Electronics and SK Hynix. The investment will help Korean companies, such as Samsung and SK Hynix, to enhance their semiconductor manufacturing capabilities. Further with the powerful 5G cellular network being introduced to the world in 2019, mobile devices need a semiconductor that can handle the faster signal speed. As Gallium Arsenide will outperform silicon wafers due to its ultra-high frequency applications will enhance the demand for Gallium Arsenide industry in the forecast period 2021-2026.

Gallium Arsenide Market Segment Analysis - By Geography

Gallium Arsenide market in Asia-Pacific region held significant market share of 36.5% in 2020, owing to growing consumption of smartphones and other high-performance electronics devices in the region. Countries such as India, China, Taiwan, South Korea and so on are few of the prominent markets for Gallium Arsenide, and this is primarily attributed to the growing demand for advanced technologies across numerous end-user industries, high growth of the consumer electronics industry, rising support for the semiconductor industry in the region. In May 2019, Taiwan Semiconductor has opened new branch in Beijing to accommodate the rapid growth in China and engage local talent in its business development efforts. Moreover, the emergence of new technologies in Asia-Pacific has boosted the demand for innovative and user-friendly smart devices. There has been a rising demand from South Korea and Taiwan for semiconductor wafers, due to the large production of consumer electronic devices such as televisions, smartphones, PCs and so on. Further governments of several countries in this region are supporting the growth of semiconductor production by various initiatives, for instance, Made in Chine 2025, Make in India and others will promote the growth of semiconductor industries thereby increasing the growth of Gallium Arsenide market in the forecast period 2021-2026.

Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=509501

Gallium Arsenide Market Drivers

Growing Penetration of 5G

With the powerful 5G cellular network being introduced to the world in 2019, mobile devices need a semiconductor that can handle the faster signal speed. Gallium Arsenide due to its ultra-high frequency applications able to outperform silicon wafers in some of the most important ways. Moreover, with the emergence of 5G, silicon usage in semiconductors will be further reduced. Further for the implementation of 5G network, GaAs can be seen as the next generation of integrated circuits due to its high band gap, which drastically outperforms silicon. According to semiconductor Association, it is expected that the overall market for semiconductors could pass a whopping $20 trillion by 2025. This will create significant demand for GaAs in the forecast period. Furthermore governments of several countries have been investing heavily for the deployment of 5G. In 2019, China is expected to invest over $150 billion in its 5G networks through 2025. Similarly, Germany made a step towards accelerating the development of 5G services in the country, pouring additional investments into backing domestic endeavours. Hence growing penetration of 5g will drive the Gallium Arsenide Market growth in the forecast period 2021-2026.

Growth of Semiconductor industry creates significant demand for Gallium Arsenide Market

Growth of semiconductor manufacturing is analysed to create significant opportunities in the forecast period. In 2020, Indian Government is planning to offer around $1 billion in cash to every company that sets up a chip manufacturing unit in India. Similarly, China’s ‘Made in China 2025’ initiative will also create significant demand for semiconductor manufacturing in the forecast period. Moreover, U.S government is also committed to invest around $50 billion for the growth of semiconductor industry. Silicon is the most important material for semiconductor electronics. Silicon devices and integrated circuits are dominant in most applications from consumer electronics to automotive. However, in certain areas, silicon is being challenged by other semiconductor materials, such as gallium arsenide. Gallium arsenide excels in ultra-high frequency applications and has emerged as leading contenders for ultrahigh speed applications in the next generation of supercomputers and communication equipment. Hence Gallium arsenide has become relatively important and is expected to increase sharply in the forecast period 2021-2026.

Gallium Arsenide Market Challenges

High Production Cost

Although Gallium Arsenide market is growing at a significant phase it poses some difficulties, compared with that of silicon. For instance, unlike silicon, there is no natural oxide that acts as a mask to produce simple elements of the Complementary Metal Oxide Semiconductor (CMOS) logic style. High production cost of Gallium Arsenide act as major threat for the growth of the market. This is partly due to this technology not being able to achieve high volumes to bring the cost down and in a large part also because of not having a straightforward way to bring costs down generation after generation by exploiting device scaling like CMOS. Further GaAs technology does not easily lend itself to integrating millions or billions of transistors on one integrated circuit. Most GaAs ICs can manage to integrate only a handful of transistors unlike silicon. Hence these challenges hamper the market growth in the forecast period 2021-2026.

Gallium Arsenide Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Gallium Arsenide market. Gallium Arsenide top 10 companies include Advanced Wireless Semiconductor Co., AXT Inc., Freiberger Compound Materials GmbH, GCS Holdings Inc., IntelliEPI Inc., IQE Plc, OMMIC SAS, Qorvo Inc., WIN Semiconductors Corp., and Xiamen Power way Advanced Material Co. Ltd. among others.

Acquisitions/Product Launches

In 2021 AXT, Inc., a leading manufacturer of compound semiconductor substrate wafers, has developed and shipped its first 8-inch diameter gallium arsenide (GaAs) substrates to a major customer. The 8-inch GaAs substrates, which are silicon doped, n-type substrates, demonstrate low etch pit densities (EPD) and low levels of slip lines.

In 2019, PAM-XIAMEN develops advanced crystal growth and epitaxy technologies, range from the first generation Germanium wafer, second-generation Gallium Arsenide with substrate growth and epitaxy on III-V silicon doped n-type semiconductor materials based on Ga, Al, In, As and P grown by MBE or MOCVD, to the third generation Silicon carbide and Gallium Nitride for LED and power device application.

Key Takeaways

Gallium Arsenide market in Asia-Pacific region held significant market share of 36.5% in 2020, owing to growing consumption of smartphones and other high-performance electronics devices in the region.

Vertical Gradient Freeze (VGF) Grown GaAs 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

The demand for Gallium Arsenide is driven by smartphones and other applications across the consumer electronics industry, which require semiconductor ICs. In addition, the trend of increasing numbers of Internet of Things (IoT) devices is expected to force the semiconductor industry to invest in this equipment, in a bid to attain intelligent products.

Gallium Arsenide companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers.

Related Reports

A.Semiconductor Market

https://www.industryarc.com/Report/18466/semiconductor-market-research-report-analysis.html

B.Compound Semiconductor Market

https://www.industryarc.com/Research/Compound-Semiconductor-Market-Research-507438

For more Electronics Market reports, please click here

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[waferdaily]

North America Silicon EPI Wafer Market Report 2023: Continuous ... - GlobeNewswire

North America Silicon EPI Wafer Market Report 2023: Continuous ...  GlobeNewswire http://dlvr.it/SjttcX

[sweetyiarc]

Gallium Arsenide (GaAs) Market Size Forecast to Reach $632.2 Billion by 2026

Gallium Arsenide (GaAs) Market Size is forecast to reach $632.2 billion by 2026, growing at a CAGR of 7.1% during 2021-2026. GaAs is increasingly used as a replacement for silicon because of its enhanced electronic properties and was selectively grown on GaAs substrates patterned with SiO2 by conventional molecular beam epitaxy. Moreover growing demand for GaAs across various end-user industries such as aerospace & defense, electronics, and communications is analyzed to drive the Gallium Arsenide Market share. In addition, owing to a wide direct band gap material that resists radiation damage, GaAs is an excellent option for outer space electronics and optical windows in high power applications. Further, other key factors driving the growth of the GaAs market include increase in adoption of 5G networks across the world and the advent of IoT has been one of the major reasons responsible for the growing trend of the Gallium Arsenide market size. The technology has given rise to a demand for high-frequency communication devices made with GaAs based ICs. Furthermore, this remarkable growth in the Gallium Arsenide market is providing a huge number of opportunities for wafer, EPI wafer & metal-organic chemical vapor deposition equipment suppliers, and manufacturers in the forecast period 2021-2026.

Request for Sample Report  @ https://www.industryarc.com/pdfdownload.php?id=509501

Report Price: $ 5900 (Single User License)

Gallium Arsenide Market Segment Analysis - By Type

Vertical Gradient Freeze (VGF) Grown GaAs segment held significant market share of 40.5% in 2020. VGF Grown GaAs 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. Vertical gradient freeze (VGF) technology is a proven technique for growing semiconductors composed of multiple elements that include gallium, arsenic, indium, and phosphorus. Such semiconductors offer capabilities that exceed those of wafers created on a single crystal silicon substrate. The main advantages of the VGF process include its scalability, low stress, high mechanical strength, and a defect rate that is orders of magnitude lower than conventional compound semiconductor crystal growth processes. Hence these benefits are analysed to drive the growth rate of the gallium arsenide market in the forecast period 2021-2026.

Gallium Arsenide Market Segment Analysis - By Application

Smart phones segment in Gallium Arsenide market is expected to witness a highest CAGR of 8.5% the forecast period. The demand for Gallium Arsenide is driven by smartphones and other applications across the consumer electronics industry, which require semiconductor ICs. In addition, increasing numbers of Internet of Things (IoT) devices is expected to force the semiconductor industry to invest in this equipment, in a bid to attain intelligent products. Moreover, the continuous advancements in consumer electronics and the use of sensors in various electronic products are proliferating the applications of plasma etching in smartphones and their demand across almost all the industry sectors. In 2018, the South Korean government announced to invest $1.34 billion for the next ten years to support the development of next-generation semiconductor technology, to support Samsung Electronics and SK Hynix. The investment will help Korean companies, such as Samsung and SK Hynix, to enhance their semiconductor manufacturing capabilities. Further with the powerful 5G cellular network being introduced to the world in 2019, mobile devices need a semiconductor that can handle the faster signal speed. As Gallium Arsenide will outperform silicon wafers due to its ultra-high frequency applications will enhance the demand for Gallium Arsenide industry in the forecast period 2021-2026.

Gallium Arsenide Market Segment Analysis - By Geography

Gallium Arsenide market in Asia-Pacific region held significant market share of 36.5% in 2020, owing to growing consumption of smartphones and other high-performance electronics devices in the region. Countries such as India, China, Taiwan, South Korea and so on are few of the prominent markets for Gallium Arsenide, and this is primarily attributed to the growing demand for advanced technologies across numerous end-user industries, high growth of the consumer electronics industry, rising support for the semiconductor industry in the region. In May 2019, Taiwan Semiconductor has opened new branch in Beijing to accommodate the rapid growth in China and engage local talent in its business development efforts. Moreover, the emergence of new technologies in Asia-Pacific has boosted the demand for innovative and user-friendly smart devices. There has been a rising demand from South Korea and Taiwan for semiconductor wafers, due to the large production of consumer electronic devices such as televisions, smartphones, PCs and so on. Further governments of several countries in this region are supporting the growth of semiconductor production by various initiatives, for instance, Made in Chine 2025, Make in India and others will promote the growth of semiconductor industries thereby increasing the growth of Gallium Arsenide market in the forecast period 2021-2026.

Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=509501

Gallium Arsenide Market Drivers

Growing Penetration of 5G

With the powerful 5G cellular network being introduced to the world in 2019, mobile devices need a semiconductor that can handle the faster signal speed. Gallium Arsenide due to its ultra-high frequency applications able to outperform silicon wafers in some of the most important ways. Moreover, with the emergence of 5G, silicon usage in semiconductors will be further reduced. Further for the implementation of 5G network, GaAs can be seen as the next generation of integrated circuits due to its high band gap, which drastically outperforms silicon. According to semiconductor Association, it is expected that the overall market for semiconductors could pass a whopping $20 trillion by 2025. This will create significant demand for GaAs in the forecast period. Furthermore governments of several countries have been investing heavily for the deployment of 5G. In 2019, China is expected to invest over $150 billion in its 5G networks through 2025. Similarly, Germany made a step towards accelerating the development of 5G services in the country, pouring additional investments into backing domestic endeavours. Hence growing penetration of 5g will drive the Gallium Arsenide Market growth in the forecast period 2021-2026.

Growth of Semiconductor industry creates significant demand for Gallium Arsenide Market

Growth of semiconductor manufacturing is analysed to create significant opportunities in the forecast period. In 2020, Indian Government is planning to offer around $1 billion in cash to every company that sets up a chip manufacturing unit in India. Similarly, China’s ‘Made in China 2025’ initiative will also create significant demand for semiconductor manufacturing in the forecast period. Moreover, U.S government is also committed to invest around $50 billion for the growth of semiconductor industry. Silicon is the most important material for semiconductor electronics. Silicon devices and integrated circuits are dominant in most applications from consumer electronics to automotive. However, in certain areas, silicon is being challenged by other semiconductor materials, such as gallium arsenide. Gallium arsenide excels in ultra-high frequency applications and has emerged as leading contenders for ultrahigh speed applications in the next generation of supercomputers and communication equipment. Hence Gallium arsenide has become relatively important and is expected to increase sharply in the forecast period 2021-2026.

Gallium Arsenide Market Challenges

High Production Cost

Although Gallium Arsenide market is growing at a significant phase it poses some difficulties, compared with that of silicon. For instance, unlike silicon, there is no natural oxide that acts as a mask to produce simple elements of the Complementary Metal Oxide Semiconductor (CMOS) logic style. High production cost of Gallium Arsenide act as major threat for the growth of the market. This is partly due to this technology not being able to achieve high volumes to bring the cost down and in a large part also because of not having a straightforward way to bring costs down generation after generation by exploiting device scaling like CMOS. Further GaAs technology does not easily lend itself to integrating millions or billions of transistors on one integrated circuit. Most GaAs ICs can manage to integrate only a handful of transistors unlike silicon. Hence these challenges hamper the market growth in the forecast period 2021-2026.

Gallium Arsenide Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Gallium Arsenide market. Gallium Arsenide top 10 companies include Advanced Wireless Semiconductor Co., AXT Inc., Freiberger Compound Materials GmbH, GCS Holdings Inc., IntelliEPI Inc., IQE Plc, OMMIC SAS, Qorvo Inc., WIN Semiconductors Corp., and Xiamen Power way Advanced Material Co. Ltd. among others.

Acquisitions/Product Launches

In 2021 AXT, Inc., a leading manufacturer of compound semiconductor substrate wafers, has developed and shipped its first 8-inch diameter gallium arsenide (GaAs) substrates to a major customer. The 8-inch GaAs substrates, which are silicon doped, n-type substrates, demonstrate low etch pit densities (EPD) and low levels of slip lines.

In 2019, PAM-XIAMEN develops advanced crystal growth and epitaxy technologies, range from the first generation Germanium wafer, second-generation Gallium Arsenide with substrate growth and epitaxy on III-V silicon doped n-type semiconductor materials based on Ga, Al, In, As and P grown by MBE or MOCVD, to the third generation Silicon carbide and Gallium Nitride for LED and power device application.

Key Takeaways

Gallium Arsenide market in Asia-Pacific region held significant market share of 36.5% in 2020, owing to growing consumption of smartphones and other high-performance electronics devices in the region.

Vertical Gradient Freeze (VGF) Grown GaAs 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

The demand for Gallium Arsenide is driven by smartphones and other applications across the consumer electronics industry, which require semiconductor ICs. In addition, the trend of increasing numbers of Internet of Things (IoT) devices is expected to force the semiconductor industry to invest in this equipment, in a bid to attain intelligent products.

Gallium Arsenide companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers.

[marketresearchs]

Gallium Arsenide Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Gallium Arsenide (GaAs) Market Size is forecast to reach $632.2 billion by 2026, growing at a CAGR of 7.1% during 2021-2026. GaAs is increasingly used as a replacement for silicon because of its enhanced electronic properties and was selectively grown on GaAs substrates patterned with SiO2 by conventional molecular beam epitaxy. Moreover growing demand for GaAs across various end-user industries such as aerospace & defense, electronics, and communications is analyzed to drive the Gallium Arsenide Market share. In addition, owing to a wide direct band gap material that resists radiation damage, GaAs is an excellent option for outer space electronics and optical windows in high power applications. Further, other key factors driving the growth of the GaAs market include increase in adoption of 5G networks across the world and the advent of IoT has been one of the major reasons responsible for the growing trend of the Gallium Arsenide market size. The technology has given rise to a demand for high-frequency communication devices made with GaAs based ICs. Furthermore, this remarkable growth in the Gallium Arsenide market is providing a huge number of opportunities for wafer, EPI wafer & metal-organic chemical vapor deposition equipment suppliers, and manufacturers in the forecast period 2021-2026.

Gallium Arsenide Market Report Coverage

The report: “Gallium Arsenide Market Report– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Gallium Arsenide market

By Type: Liquid Encapsulated Czochralski Grown GaAs, Vertical Gradient Freeze (VGF) Grown GaAs, Others By Application: Smartphones, Computer, Photovoltaic Cells, Laser Diodes, Infrared Emission, Automotive Electronics, Military Area, Wireless Communication, Optoelectronic Devices, Other. By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa)

Key Takeaways

Gallium Arsenide market in Asia-Pacific region held significant market share of 36.5% in 2020, owing to growing consumption of smartphones and other high-performance electronics devices in the region.

Vertical Gradient Freeze (VGF) Grown GaAs 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

The demand for Gallium Arsenide is driven by smartphones and other applications across the consumer electronics industry, which require semiconductor ICs. In addition, the trend of increasing numbers of Internet of Things (IoT) devices is expected to force the semiconductor industry to invest in this equipment, in a bid to attain intelligent products.

Gallium Arsenide companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers.

Global Gallium Arsenide Market, By Region, 2020

For More Details on This Report - Request for Sample

Gallium Arsenide Market Segment Analysis - By Type

Vertical Gradient Freeze (VGF) Grown GaAs segment held significant market share of 40.5% in 2020. VGF Grown GaAs 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. Vertical gradient freeze (VGF) technology is a proven technique for growing semiconductors composed of multiple elements that include gallium, arsenic, indium, and phosphorus. Such semiconductors offer capabilities that exceed those of wafers created on a single crystal silicon substrate. The main advantages of the VGF process include its scalability, low stress, high mechanical strength, and a defect rate that is orders of magnitude lower than conventional compound semiconductor crystal growth processes. Hence these benefits are analysed to drive the growth rate of the gallium arsenide market in the forecast period 2021-2026.

Gallium Arsenide Market Segment Analysis - By Application

Smart phones segment in Gallium Arsenide market is expected to witness a highest CAGR of 8.5% the forecast period. The demand for Gallium Arsenide is driven by smartphones and other applications across the consumer electronics industry, which require semiconductor ICs. In addition, increasing numbers of Internet of Things (IoT) devices is expected to force the semiconductor industry to invest in this equipment, in a bid to attain intelligent products. Moreover, the continuous advancements in consumer electronics and the use of sensors in various electronic products are proliferating the applications of plasma etching in smartphones and their demand across almost all the industry sectors. In 2018, the South Korean government announced to invest $1.34 billion for the next ten years to support the development of next-generation semiconductor technology, to support Samsung Electronics and SK Hynix. The investment will help Korean companies, such as Samsung and SK Hynix, to enhance their semiconductor manufacturing capabilities. Further with the powerful 5G cellular network being introduced to the world in 2019, mobile devices need a semiconductor that can handle the faster signal speed. As Gallium Arsenide will outperform silicon wafers due to its ultra-high frequency applications will enhance the demand for Gallium Arsenide industry in the forecast period 2021-2026.

Gallium Arsenide Market Segment Analysis - By Geography

Gallium Arsenide market in Asia-Pacific region held significant market share of 36.5% in 2020, owing to growing consumption of smartphones and other high-performance electronics devices in the region. Countries such as India, China, Taiwan, South Korea and so on are few of the prominent markets for Gallium Arsenide, and this is primarily attributed to the growing demand for advanced technologies across numerous end-user industries, high growth of the consumer electronics industry, rising support for the semiconductor industry in the region. In May 2019, Taiwan Semiconductor has opened new branch in Beijing to accommodate the rapid growth in China and engage local talent in its business development efforts. Moreover, the emergence of new technologies in Asia-Pacific has boosted the demand for innovative and user-friendly smart devices. There has been a rising demand from South Korea and Taiwan for semiconductor wafers, due to the large production of consumer electronic devices such as televisions, smartphones, PCs and so on. Further governments of several countries in this region are supporting the growth of semiconductor production by various initiatives, for instance, Made in Chine 2025, Make in India and others will promote the growth of semiconductor industries thereby increasing the growth of Gallium Arsenide market in the forecast period 2021-2026.

Gallium Arsenide Market Drivers

Growing Penetration of 5G

With the powerful 5G cellular network being introduced to the world in 2019, mobile devices need a semiconductor that can handle the faster signal speed. Gallium Arsenide due to its ultra-high frequency applications able to outperform silicon wafers in some of the most important ways. Moreover, with the emergence of 5G, silicon usage in semiconductors will be further reduced. Further for the implementation of 5G network, GaAs can be seen as the next generation of integrated circuits due to its high band gap, which drastically outperforms silicon. According to semiconductor Association, it is expected that the overall market for semiconductors could pass a whopping $20 trillion by 2025. This will create significant demand for GaAs in the forecast period. Furthermore governments of several countries have been investing heavily for the deployment of 5G. In 2019, China is expected to invest over $150 billion in its 5G networks through 2025. Similarly, Germany made a step towards accelerating the development of 5G services in the country, pouring additional investments into backing domestic endeavours. Hence growing penetration of 5g will drive the Gallium Arsenide Market growth in the forecast period 2021-2026.

Growth of Semiconductor industry creates significant demand for Gallium Arsenide Market

Growth of semiconductor manufacturing is analysed to create significant opportunities in the forecast period. In 2020, Indian Government is planning to offer around $1 billion in cash to every company that sets up a chip manufacturing unit in India. Similarly, China’s ‘Made in China 2025’ initiative will also create significant demand for semiconductor manufacturing in the forecast period. Moreover, U.S government is also committed to invest around $50 billion for the growth of semiconductor industry. Silicon is the most important material for semiconductor electronics. Silicon devices and integrated circuits are dominant in most applications from consumer electronics to automotive. However, in certain areas, silicon is being challenged by other semiconductor materials, such as gallium arsenide. Gallium arsenide excels in ultra-high frequency applications and has emerged as leading contenders for ultrahigh speed applications in the next generation of supercomputers and communication equipment. Hence Gallium arsenide has become relatively important and is expected to increase sharply in the forecast period 2021-2026.

Gallium Arsenide Market Challenges

High Production Cost

Although Gallium Arsenide market is growing at a significant phase it poses some difficulties, compared with that of silicon. For instance, unlike silicon, there is no natural oxide that acts as a mask to produce simple elements of the Complementary Metal Oxide Semiconductor (CMOS) logic style. High production cost of Gallium Arsenide act as major threat for the growth of the market. This is partly due to this technology not being able to achieve high volumes to bring the cost down and in a large part also because of not having a straightforward way to bring costs down generation after generation by exploiting device scaling like CMOS. Further GaAs technology does not easily lend itself to integrating millions or billions of transistors on one integrated circuit. Most GaAs ICs can manage to integrate only a handful of transistors unlike silicon. Hence these challenges hamper the market growth in the forecast period 2021-2026.

Gallium Arsenide Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Gallium Arsenide market. Gallium Arsenide top 10 companies include Advanced Wireless Semiconductor Co., AXT Inc., Freiberger Compound Materials GmbH, GCS Holdings Inc., IntelliEPI Inc., IQE Plc, OMMIC SAS, Qorvo Inc., WIN Semiconductors Corp., and Xiamen Power way Advanced Material Co. Ltd. among others.

Acquisitions/Product Launches

In 2021 AXT, Inc., a leading manufacturer of compound semiconductor substrate wafers, has developed and shipped its first 8-inch diameter gallium arsenide (GaAs) substrates to a major customer. The 8-inch GaAs substrates, which are silicon doped, n-type substrates, demonstrate low etch pit densities (EPD) and low levels of slip lines.

In 2019, PAM-XIAMEN develops advanced crystal growth and epitaxy technologies, range from the first generation Germanium wafer, second-generation Gallium Arsenide with substrate growth and epitaxy on III-V silicon doped n-type semiconductor materials based on Ga, Al, In, As and P grown by MBE or MOCVD, to the third generation Silicon carbide and Gallium Nitride for LED and power device application.

Relevant Report Titles:

Semiconductor Market:

Report Code: ESR 0563

Compound Semiconductor Market:

Report Code: ESR 87979

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