Semiconductor

  Market Research Future published a research report on “GaAs Wafer Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Market Highlights Gallium is a obtained after smelting of aluminium and zinc. GaAs is a major component in diodes, Field Effect Transistors (FETs) and Integrarted Circuits (ICs). Globally, the GaAs wafer market is expected to grow from USD 625 million in 2017 to USD 1,224.3 million by 2023, at a CAGR of 12% during the forecast period. Opportunities that aid the growth of GaAs wafer market include increasing demand from smartphone manufacturers. Increasing demand for digital cameras, laptops are also contributing towards the growth of GaAs wafer market. GaAs is more efficient and economical than silicon and extends battery life significantly. GaAs wafers can meet specialized demands in cellular terminals such as multiple input, carrier aggregation, and MIMO antennas among others. Key players: P...

  Market Research Future published a research report on “GaAs Wafer Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Market Analysis The global GaAs wafer market is projected to touch USD 1224.3 million at a healthy 12% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Gallium arsenide or GaAs, simply put, is a semiconductor compound of two elements- gallium and arsenic. It is a product that is produced after smelting zinc and aluminium. It has wide applications in aerospace and defense, optoelectronic devices, wireless communication, photovoltaic devices, mobile devices, and others. Various factors are propelling the global  GaAs Wafer Market  share. According to the recent MRFR report, such factors include the increasing adoption of 4G & 5G network, growing demand for smartphone manufacturers, burgeoning demand for smartphones, photovoltaic devices, laptops, a...