According to our (Global Info Research) latest study, the global GaAs Epitaxial Wafer market size was valued at US$ 426 million in 2024 and is forecast to a readjusted size of USD 752 million by 2031 with a CAGR of 8.3% during review period.
A GaAs epitaxial wafer is a single crystal thin layer material epitaxially grown on a GaAs substrate.
GaAs epitaxial wafers are important materials in the semiconductor industry, especially in the manufacture of RF devices and optoelectronic devices. The main manufacturers in the global GaAs epitaxial wafer market include IQE, VPEC, IntelliEPI, SCIOCS, Land Mark, among which IQE and Land Mark account for about 78% of the global market share. Taiwan is the largest market, accounting for about 47% of the market share.
In terms of product types, MOCVD (metal organic chemical vapor deposition) technology is the largest market segment, accounting for about 70% of the market share. MOCVD technology is suitable for large-scale industrial production due to its fast growth rate. Although MBE (molecular beam epitaxy) technology has a slower growth rate, it can provide higher quality epitaxial materials. RF devices are the largest downstream application field of GaAs epitaxial wafers, accounting for 66% of the market share.
The industrial chain of GaAs epitaxial wafers includes upstream substrate manufacturing and epitaxial processing, midstream IC design, manufacturing, packaging and testing, and downstream applications. Epitaxial growth technology can grow single crystal layers with specific requirements on the substrate. These single crystal layers can be the same as the substrate material or different, thereby improving the flexibility and performance of device design.
Overall, the market prospects for GaAs epitaxial wafers are broad, especially in high-tech fields such as 5G communications, data centers, new generation display technology, unmanned driving, wearable devices and aerospace. With the continuous advancement of technology and the expansion of application fields, the GaAs epitaxial wafer market is expected to continue to grow.
This report is a detailed and comprehensive analysis for global GaAs Epitaxial Wafer market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global GaAs Epitaxial Wafer market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global GaAs Epitaxial Wafer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global GaAs Epitaxial Wafer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global GaAs Epitaxial Wafer market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for GaAs Epitaxial Wafer
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global GaAs Epitaxial Wafer market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IQE, VPEC, IntelliEPI, SCIOCS, Land Mark, Xiamen Compound Semiconductor Wafers, Jiangsu Huaxing Laser Technology, Quanlei Optoelectronics, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
GaAs Epitaxial Wafer market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
MOCVD
MBE
Other
Market segment by Application
RF Device
Optoelectronic Devices
Major players covered
IQE
VPEC
IntelliEPI
SCIOCS
Land Mark
Xiamen Compound Semiconductor Wafers
Jiangsu Huaxing Laser Technology
Quanlei Optoelectronics
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe GaAs Epitaxial Wafer product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of GaAs Epitaxial Wafer, with price, sales quantity, revenue, and global market share of GaAs Epitaxial Wafer from 2020 to 2025.
Chapter 3, the GaAs Epitaxial Wafer competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the GaAs Epitaxial Wafer breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and GaAs Epitaxial Wafer market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of GaAs Epitaxial Wafer.
Chapter 14 and 15, to describe GaAs Epitaxial Wafer sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook