Global Gallium Arsenide Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

LEC Grown GaAs, VGF Grown GaAs, and Others.

By Application;

Smartphones, Computer, Photovoltaic Cells, Laser Diodes, Infrared Emission, Automotive Electronics, Military Area, Wireless Communication, Optoelectronic Devices, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn138213047 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Gallium Arsenide Market (USD Million), 2021 - 2031

In the year 2024, the Global Gallium Arsenide Market was valued at USD 1,527.82 million. The size of this market is expected to increase to USD 3,103.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.7%.

The Global Gallium Arsenide (GaAs) Market is an essential segment within the semiconductor industry, driven by the unique properties of GaAs that make it a valuable material for various high-tech applications. GaAs, a compound semiconductor, offers superior electronic and optical characteristics compared to silicon, including higher electron mobility and a direct bandgap. These attributes make it particularly suitable for high-frequency and high-power applications, including telecommunications, satellite systems, and advanced electronics.

In recent years, the market for GaAs has experienced significant growth, fueled by the increasing demand for high-speed and high-performance electronic devices. The proliferation of mobile devices, the expansion of 5G networks, and advancements in aerospace and defense technologies have all contributed to the rising adoption of GaAs-based components. Furthermore, innovations in GaAs production and processing technologies have enhanced the material’s performance and reduced costs, broadening its application range and driving market expansion.

Despite its growth prospects, the GaAs market faces certain challenges, such as the high cost of raw materials and competition from alternative semiconductor materials like silicon and silicon carbide. However, ongoing research and development efforts are focused on overcoming these obstacles, exploring new applications, and improving the efficiency of GaAs devices. As the demand for cutting-edge electronic and communication technologies continues to rise, the Global Gallium Arsenide Market is poised for continued evolution and growth, offering exciting opportunities for industry stakeholders.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Gallium Arsenide Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. High-frequency applications
        2. Growing telecommunications demand
        3. Advancements in optoelectronics
      2. Restraints
        1. High production costs
        2. Competition from alternative materials
        3. Limited raw material availability
      3. Opportunities
        1. Expansion in 5G networks
        2. Growth in renewable energy technologies
        3. Innovations in semiconductor manufacturing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Gallium Arsenide Market, By Type, 2021 - 2031 (USD Million)
      1. LEC Grown GaAs
      2. VGF Grown GaAs
      3. Others
    2. Global Gallium Arsenide Market, By Application, 2021 - 2031 (USD Million)
      1. Smartphones
      2. Computer
      3. Photovoltaic Cells
      4. Laser Diodes
      5. Infrared Emission
      6. Automotive Electronics
      7. Military Area
      8. Wireless Communication
      9. Optoelectronic Devices
      10. Others
    3. Global Gallium Arsenide Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Freescale Semiconductor (NXP Semiconductors)
      2. Skyworks Solutions, Inc.
      3. Qorvo, Inc.
      4. Broadcom Inc.
      5. OSRAM Opto Semiconductors GmbH
      6. II-VI Incorporated
      7. Analog Devices, Inc.
      8. Sumitomo Electric Industries, Ltd.
      9. Aixtron SE
      10. RF Micro Devices, Inc. (now part of Qorvo)
  7. Analyst Views
  8. Future Outlook of the Market