Increased Adoption of Smartphones to Strengthen Global GaAs Wafers Market
Market analysts, Technavio, have released a new report on the Gallium Arsenide (GaAs) Wafers market, offering an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. According to the report, the global GaAs wafers market is poised to grow by 2.27 million tonnes during 2020-2024, progressing at a CAGR of 14% during the forecast period.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Advanced Wireless Semiconductor Co., AXT Inc., Freiberger Compound Materials GmbH, GCS Holdings Inc., IntelliEPI Inc., IQE Plc, OMMIC SAS, Qorvo Inc., WIN Semiconductors Corp., and Xiamen Powerway Advanced Material Co. Ltd. are some of the major market participants. Click here to read more.