Gallium Arsenide GaAs Wafer Market Share

Statistics for the 2023 & 2024 Gallium Arsenide GaAs Wafer market share, created by Mordor Intelligence™ Industry Reports. Gallium Arsenide GaAs Wafer share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Gallium Arsenide GaAs Wafer Industry

The Gallium Arsenide GaAs Wafer Market is competitive and highly concentrated with a few companies such as AXT Inc, Sumitomo Electric Industries Ltd., Semiconductor Wafer Inc, Freiberger Compound Materials GmbH, Xiamen Powerway Advanced Material Co. Ltd, holding a significant market share. Established companies focus on strengthening their position by investing heavily in R&D and providing customers with better and technologically advanced products.

In May 2023, QE, a semiconductor wafer specialist, introduced a new range of 200mm RGB epitaxial wafer products specifically designed for microLED display qualification. According to the company, GaN and GaAs epitaxy is anticipated to continue to play a crucial role in driving the rapid adoption of microLEDs.

In May 2022, The MOSIS Service of Information Sciences Institute, University of Southern California, and WIN Semiconductors Corp. signed a Memorandum of Understanding (MoU) to accelerate the development of GaAs and GaN monolithic microwave integrated circuits with WIN Semiconductors' GaAs and GaN process technologies. The partnership will support the reliable, innovative, and effective design and prototyping flow through the multi-project wafer (MPW) projects with the MOSIS Service and WIN Semiconductors.

Gallium Arsenide (GaAs) Wafer Market Leaders

  1. Semiconductor Wafer Inc

  2. AXT Inc.

  3. Sumitomo Electric Industries Ltd.

  4. Freiberger Compound Materials GmbH

  5. Xiamen Powerway Advanced Material Co. Ltd.

*Disclaimer: Major Players sorted in no particular order

Gallium Arsenide GaAs Wafer Market Concentration

GaAs Wafer Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)