Global GaAs Substrate for LED Market Growth 2024-2030
Gallium arsenide (GaAs) has two growth methods which are liquid encapsulated czochralsky (LEC) and vertical gradient freeze (VGF). Featuring in direct band gap, high electron mobility, high-frequency low noise, and high conversion efficiency, GaAs is widely used in a large variety of transistors for industry spanning optical fiber communication, wireless networks (WLAN), mobile handsets, blue tooth communications, satellite communications, monolithic microwave integrated circuits (MMIC) for 5G, as well as radio frequency integrated circuits (RFIC).
The global GaAs Substrate for LED market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “GaAs Substrate for LED Industry Forecast” looks at past sales and reviews total world GaAs Substrate for LED sales in 2023, providing a comprehensive analysis by region and market sector of projected GaAs Substrate for LED sales for 2024 through 2030. With GaAs Substrate for LED sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world GaAs Substrate for LED industry.
This Insight Report provides a comprehensive analysis of the global GaAs Substrate for LED 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 Substrate for LED portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global GaAs Substrate for LED market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for GaAs Substrate for LED 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 Substrate for LED.
United States market for GaAs Substrate for LED is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for GaAs Substrate for LED is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for GaAs Substrate for LED is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key GaAs Substrate for LED players cover Furukawa, Sumitomo, Beijing Tongmei Xtal Technology, Freiberger Compound Materials GmbH, Xiamen Powerway Advanced Material, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of GaAs Substrate for LED market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
2 Inches
3 Inches
4 Inches
6 Inches
Segmentation by Application:
OLED
Mini LED
Micro LED
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.
Furukawa
Sumitomo
Beijing Tongmei Xtal Technology
Freiberger Compound Materials GmbH
Xiamen Powerway Advanced Material
Advanced compound semiconductor (Beijing)
Pluto Semi
Dongguan Senshuo Potovoltaic Technology
WIN Semiconductors
Vital Materials
Key Questions Addressed in this Report
What is the 10-year outlook for the global GaAs Substrate for LED market?
What factors are driving GaAs Substrate for LED market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do GaAs Substrate for LED market opportunities vary by end market size?
How does GaAs Substrate for LED break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.