Gallium Arsenide (GaAs) Wafers
Market
Gallium Arsenide (GaAs) Wafers Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Gallium Arsenide (GaAs) Wafers Market Size and Growth
The Gallium Arsenide (GaAs) wafers market is witnessing robust growth due to rising demand in telecommunications, consumer electronics, and renewable energy sectors. The market size is projected to reach approximately $1.5 billion by 2026, driven by advancements in technology and increasing adoption of GaAs in high-frequency applications.
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Companies Covered
(Covid 19 Impact Covered)
◍ 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
The Gallium Arsenide (GaAs) Wafers Market features key players like Freiberger Compound Materials, AXT, and Sumitomo Electric, which provide high-quality wafers for electronic and optoelectronic applications. These companies enhance market growth through innovations and expanding production capacity. Sales revenues include:
- II-VI Incorporated: $3.3 billion
- IQE Corporation: $145 million
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Market Segmentation
By Application
Wireless Communication
Optoelectronic Devices
Other
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By Product
LEC Grown GaAs
VGF Grown GaAs
Market Growth
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$ X Billion USD
