Global Gallium Arsenide Components Market 2017-2021
About Gallium Arsenide (GaAs) Components
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 components to function efficiently at frequencies above 250 gigahertz (GHz). Due to the wider band gap, GaAs components are less sensitive to heat compared with silicon-based devices. In addition, GaAs components emit less noise than silicon devices, especially at higher frequencies. GaAs components are used in mobile phones, satellite communication equipment, microwave point-to-point links, and high-frequency radar systems due to these properties.
Technavio’s analysts forecast the global gallium arsenide (GaAs) components market to grow at a CAGR of 4.26% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global gallium arsenide (GaAs) components market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of GaAs components worldwide.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Gallium Arsenide (GaAs) Components Market 2017-2021
Technavio recognizes the following companies as the key players in the global gallium arsenide (GaAs) components market: Skyworks Solutions, Qorvo, and Broadcom
Other Prominent Vendors in the market are: Advanced Wireless Semiconductor, ANADIGICS, Analog Devices, MACOM, and Murata Manufacturing
Commenting on the report, an analyst from Technavio’s team said: “Market vendors expand their business, improve their market share, and gain access to new technologies through strategic alliances, collaborations, and M&As. These collaborations help provide better solutions based on the latest technologies to customers. In January 2016, RFMD merged with TriQuint Semiconductor to form Qorvo, which is one of the leading RF solution providers in the market currently. In addition, Avago Technologies and Broadcom entered a merger agreement in May 2016, and Skyworks Solutions acquired Advanced AnaIogic Technologies in 2012. The collaborations among vendors are expected to have a positive impact on the growth of the market during the forecast period.”
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 2016. The growth in the shipments of smartphones will drive the demand for GaAs components used in mobile handsets, particularly GaAs power amplifiers. Smartphones currently require more GaAs content, as they need many frequency bands to accommodate 3G and 4G networks. The increasing demand for tablets is also contributing to the market growth. Tablet shipments are estimated to reach about 430 million units by 2020 from almost 290 million units in 2016. There are many local market participants that have started introducing tablets in their respective countries, such as Micromax in India and Xiaomi in China, and the number of such vendors is expected to increase during the forecast period.
Further, the report states that the availability of alternative devices is a major challenge faced by the market. Since 2012, GaN, SiGe, LDMOS, and CMOS devices have emerged as alternatives to GaAs devices. Power amplifiers use GaN and LDMOS devices while SiGe devices are increasingly used in low-noise amplifier (LNA) applications. CMOS power amplifiers are being used in entry-level phones and are expected to be used in smartphones as well. Therefore, the end-user segments served by GaAs components are now being targeted by these alternative technologies. This could significantly lower the demand for GaAs components during the forecast period.
Skyworks Solutions, Qorvo, Broadcom, Advanced Wireless Semiconductor, ANADIGICS, Analog Devices, MACOM, Murata Manufacturing.