Global GaAs Epitaxial Wafer Market Growth 2025-2031

Global GaAs Epitaxial Wafer Market Growth 2025-2031

The global GaAs Epitaxial Wafer market size is predicted to grow from US$ 442 million in 2025 to US$ 736 million in 2031; it is expected to grow at a CAGR of 8.9% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “GaAs Epitaxial Wafer Industry Forecast” looks at past sales and reviews total world GaAs Epitaxial Wafer sales in 2024, providing a comprehensive analysis by region and market sector of projected GaAs Epitaxial Wafer sales for 2025 through 2031. With GaAs Epitaxial Wafer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world GaAs Epitaxial Wafer industry.

This Insight Report provides a comprehensive analysis of the global GaAs Epitaxial Wafer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on GaAs Epitaxial Wafer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global GaAs Epitaxial Wafer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for GaAs Epitaxial Wafer and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global GaAs Epitaxial Wafer.

This report presents a comprehensive overview, market shares, and growth opportunities of GaAs Epitaxial Wafer market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
MOCVD
MBE
Other

Segmentation by Application:
RF Device
Optoelectronic Devices

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
IQE
VPEC
IntelliEPI
SCIOCS
Land Mark
Xiamen Compound Semiconductor Wafers
Jiangsu Huaxing Laser Technology
Quanlei Optoelectronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global GaAs Epitaxial Wafer market?

What factors are driving GaAs Epitaxial Wafer market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do GaAs Epitaxial Wafer market opportunities vary by end market size?

How does GaAs Epitaxial Wafer break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.