About Gallium Arsenide Devices
Gallium arsenide (GaAs) is a compound of gallium and arsenic. It is generally referred to as compound III-V semiconductor and is used in devices such as microwave frequency ICs, monolithic microwave ICs, solar cells, infrared light-emitting diodes, laser diodes, and optical windows. GaAs is increasingly used as a replacement for silicon because of its enhanced electronic properties. GaAs has high saturated electron velocity and electron mobility, which allow GaAs devices to function efficiently at frequencies above 250 gigahertz (GHz). Due to the wider band gap, GaAs devices are less sensitive to heat compared to silicon-based devices. In addition, GaAs devices emit less noise than silicon devices, especially at higher frequencies. GaAs devices are used in mobile phones, satellite communication equipment, microwave point-to-point links, and high-frequency radar systems due to these properties.
The global GaAs devices market largely caters to mobile devices (smartphones and tablets) and wireless communications. These two segments collectively accounted for more than 80% of the market in 2015.
Technavio’s analysts forecast the global GaAs devices market to grow at a CAGR of 4.14% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global GaAs devices market for the period 2016-2020. To calculate the market size, the report covers revenue generated from the sales of GaAs devices worldwide.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Gallium Arsenide Devices Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Gallium Arsenide Devices Market: Skyworks Solutions, Qorvo, Avago Technologies, Advanced Wireless Semiconductor, ANADIGICS, Hittite Microwave, M/A-COM Technology Solutions, and Murata Manufacturing.
Commenting on the report, an analyst from Technavio’s team said: “Market vendors are expected to expand their business, improve their market share, and gain access to new technologies through strategic alliances, collaborations, mergers, and acquisitions. These collaborations offer better solutions based on the latest technologies to customers. In January 2015, RFMD merged with TriQuint Semiconductor to form Qorvo, which is one of the leading RF solution providers in the market at present.”
According to the report, shipments of smartphones will reach more than 2 billion units by 2020 due to the availability of low-cost smartphones in emerging markets such as China and India and increasing internet penetration worldwide. This is a significant increase from around 1.4 billion units in 2015. The growth in the shipments of smartphones will drive the demand for GaAs devices used in mobile handsets, particularly GaAs power amplifiers.
Further, the report states that the availability of alternative devices is a major challenge faced by the market.
Skyworks Solutions, Qorvo, Avago Technologies, Advanced Wireless Semiconductor, ANADIGICS, Hittite Microwave, M/A-COM Technology Solutions, Murata Manufacturing.