Gallium Arsenide Wafer Market Trends, Size, Analysis and Forecast to 2020

Technavio Announces the Publication of its Research Report Global Gallium Arsenide (GAAS) Wafer Market 2016-2020

Technavio recognizes the following companies as the key players in the global gallium arsenide (GAAS) wafer market: AWSC, GCS and WIN Semiconductors.

Other Prominent Vendors in the market are: AXT, Century Epitech, Freiberger Compound Materials, Intelligent Epitaxy Technology, IQE, OMMIC, Xiamen Powerway Advanced Material, Qorvo, Sumitomo Electric Semiconductor Materials, UMS¸ and Visual Photonics Epitaxy.

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Commenting on the report, an analyst from Technavios team said: Shutdown of 2G network will be a key trend for market growth. High-speed 3G or 4G internet services are easily available worldwide. The data speed of a 4G connection is, on average, ten times more than the speed of a 3G connection. High-speed internet connectivity leads to faster streaming of videos, quicker web browsing, and better performance of GPS. Hence, many countries are opting for 3G and 4G connectivity, which will result in the shutdown of the 2G mobile network by the end of 2016, with its bandwidth being allocated to 3G and 4G mobile networks.”

According to the report, one of the key drivers for market growth will be requirement for increased network bandwidth. The growth in internet bandwidth is fueled by two factors: the proliferation of mobile computing devices with advanced capabilities (such as smartphones, tablets, and wearables) and the emergence of disruptive technologies that shift the bandwidth usage by altering the way users access the network. With the emergence of new mobile telecommunication standards such as 4G and 5G, consumers are now opting for higher bandwidth applications and services.

Further, the report states that falling growth rate of smartphones will be a challenge for the market. Smartphone shipments are expected...