GaAs Devices Market Size 2023-2032
The global GaAs Devices market was valued at US$ 11110 million in 2022 and is projected to reach US$ 18960 million by 2029, at a CAGR of 7.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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This report aims to provide a comprehensive presentation of the global market for GaAs Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding GaAs Devices.
This report contains market size and forecasts of GaAs Devices in global, including the following market information:
Global GaAs Devices Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global GaAs Devices Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five GaAs Devices companies in 2022 (%)
Global key players of GaAs devices include Skyworks, Qorvo, Broadcom, WIN Semi, etc. Global top five manufacturers hold a share over 76%. North America is the largest producer of GaAs devices holds a share over 72%. In terms of product, power amplifier is the largest segment, with a share over 52%. And in terms of application, the largest application is mobile devices, with a share over 53%.
Total Market by Segment:
Global GaAs Devices Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global GaAs Devices Market Segment Percentages, by Type, 2022 (%)
Power Amplifiers
RF Switches
Filters
Low Noise Amplifiers
Others
Global GaAs Devices Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global GaAs Devices Market Segment Percentages, by Application, 2022 (%)
Wireless Communication
Mobile Devices
Vehicle Electronics
Military
Others
Global GaAs Devices Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Factors Driving GaAs Devices Market Growth in Different Regions:
North America:
The Rise of 5G: The emergence of 5G technology, which utilizes higher frequencies, is expected to drive the demand for GaAs devices.
Growth of the Internet of Things (IoT): GaAs devices play a vital role in various IoT applications like sensors, actuators, and gateways.
Development of New Applications: GaAs devices are being explored for new applications like quantum computing and artificial intelligence, contributing to market growth.
Further, the report presents profiles of competitors in the market, key players include:
Skyworks
Qorvo
Broadcom
WIN Semi
Sumitomo Electric Industries
Murata
Analog Devices
M/A-COM
Mitsubishi Electric
Infineon Technologies
MACOM
TriQuint Semiconductor
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