DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The "Global Gallium Arsenide (GaAs) Wafer Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

Global gallium arsenide (GaAs) wafer market was valued at US$702.045 million in 2017 and is projected to expand at a CAGR of 13.72% over the forecast period to reach US$1,518.301 million by 2023.

The ability to operate at faster speeds than silicon is driving the demand for GaAs devices across various end-use industries such as communications, aerospace and defense, and electronics which, in turn, is boosting the demand for GaAs Wafers globally.

Though high cost of Gallium Arsenide is currently restraining the use of GaAs wafers in electronics, the efficient use of electricity by GaAs as compared to silicon as a substrate can provide an opportunity for GaAs wafers to be used for various applications.

Moreover, properties such as better heat and radiation resistance will drive the use of these wafers for military applications, thus positively impacting the global GaAs market growth during the forecast period.

Major industry players profiled as part of the report are Mitsubishi Chemical, Sumitomo Electric Industries, Wafer Technology Ltd, Freiberger Compound Materials GmbH, AXT Inc., and Semiconductor Wafer Inc. among others.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Gallium Arsenide (GaAs) Wafer Market By Type

6. Global Gallium Arsenide (GaAs) Wafer Market By Technique

7. Global Gallium Arsenide (GaAs) Wafer Market By Application

8. Global Gallium Arsenide (GaAs) Wafer Market By Geography

9. Competitive Intelligence

10. Company Profiles

Wafer Technology Ltd Mitsubishi Chemical Sumitomo Electric Industries Freiberger Compound Materials GmbH AXT Inc. Powerway Advanced Mateiral Co. Ltd. Semiconductor Wafer Inc. Atecom Technology Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/z58bxn/global_gallium?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005320/en/

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Related Topics:Semiconductor,Electronic Chemicals

KEYWORD:

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY TECHNOLOGY SEMICONDUCTOR

SOURCE: Research and Markets

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PUB: 08/08/2018 07:00 AM/DISC: 08/08/2018 07:01 AM

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