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Gallium Arsenide Wafers Market Size USD 314.74 million|CAGR 6.34 % By 2028

Gallium Arsenide Wafers Market Size USD 314.74 million|CAGR 6.34 % By 2028

A report on Gallium Arsenide Wafers Market Added by Market Study Report , provides a succinct analysis regarding the values and trends existing in the current business scenario. The study also offers a brief summary of market valuation, market size, regional outlook and profit estimations of the industry. Furthermore, the report examines the competitive sphere and growth strategies of leading players in the Industry.

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The global Gallium Arsenide (GaAs) Wafers market is expected to reach 314.74 Million USD in 2022 and will grow with a CAGR of 6.34% from 2022 to 2028.

Gallium arsenide (GaAs) is a compound of the elements gallium and arsenic. It is a III-V direct bandgap semiconductor with a zinc blende crystal structure. Gallium arsenide is used in the manufacture of devices such as microwave frequency integrated circuits, monolithic microwave integrated circuits, infrared light-emitting diodes, laser diodes, solar cells and optical windows.For industry structure analysis, the GaAs industry is highly concentrated. A variety of manufacturers ranging from large multinational corporations to small privately-owned companies compete in this industry, but the top six producers account for more than 70% of the market. Regionally, China is the biggest production and consumption area of GaAs, also the leader in the whole industry. Europe, Japan and USA also produce large amount of GaAs per year.

By Market Verdors:

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

By Types:

LEC Grown GaAs

VGF Grown GaAs

By Applications:

Wireless Communication

Optoelectronic Devices

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2017-2028 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2017-2028. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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