Global GaAs Polished Wafer market cagr 15.9%

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GaAs Polished Wafer Market

GaAs Polished Wafer Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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GaAs Polished Wafer Market Size and Growth

The GaAs polished wafer market is experiencing robust growth, driven by rising demand in telecommunications and consumer electronics. In 2023, the market size is estimated to reach approximately $1.5 billion, with a projected CAGR of 7% through 2030, indicating strong potential amid increasing investments in semiconductor technology. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Freiberger Compound Materials

◍ AXT

◍ Sumitomo Electric

◍ Vital Advanced Material

◍ China Crystal Technologies

◍ Jiachang Technology

◍ Yunnan Germanium

◍ DOWA Electronics Materials

The GaAs polished wafer market features key players like Freiberger Compound Materials, AXT, Sumitomo Electric, and others, focusing on high-performance applications in electronics and photovoltaics. These companies drive market growth through innovation and quality. Sales revenues include: AXT ($48.4M) and Sumitomo Electric ($24.9B).

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Market Segmentation

By Application

RF

LED

Photonics

Photovoltaic

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By Product

LEC Grown GaAs

VGF Grown GaAs

Others

Market Growth

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$ X Billion USD

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