New reports suggest strong growth for global Gallium market

Gallium Arsenide (GaAs) is a compound semiconductor: a mixture of two elements, Gallium (Ga) and Arsenic (As). Gallium is a byproduct of the melting of other metals, notably aluminum and zinc, and is rarer than gold. Arsenic is not rare, but it is poisonous.

Scope of the Report:
Gallium arsenide (GaAs) is a compound of the elements gallium and arsenic. It is a III-V direct bandgap semiconductor with a zinc blende crystal structure. Gallium arsenide is used in the manufacture of devices such as microwave frequency integrated circuits, monolithic microwave integrated circuits, infrared light-emitting diodes, laser diodes, solar cells and optical windows. In 2016, the global consumption volume of GaAs reached 48171K Square Inches.

For industry structure analysis, the GaAs industry is highly concentrated. A variety of manufacturers ranging from large multinational corporations to small privately-owned companies compete in this industry, but the top six producers account for more than 70% of the market. Regionally, China is the biggest production and consumption area of GaAs, also the leader in the whole industry. Europe, Japan and USA also produce large amount of GaAs per year.

Regionally, GaAs suppliers are concentrated in Europe, USA, China, Japan and Taiwan. Leading suppliers in this industry are Freiberger Compound Materials, AXT, Sumitomo Electric, China Crystal Technologies, and Shenzhou Crystal Technology.

GaAs can be classified based on its production method. In 2016, VGF Grown GaAs takes 62.93% share of global market, while LEC Grown GaAs takes share of 26.97%.

The worldwide market for Gallium is expected to grow at a CAGR of roughly 4.4% over the next five years, will reach 330 million US$ in 2024, from 270 million US$ in 2019, according to a new Research study.
This report focuses on the Gallium in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market Segment by Manufacturers, this report covers

Freiberger Compound Materials
AXT
Sumitomo Electric
China Crystal Technologies
Shenzhou Crystal Technology
Tianjin Jingming Electronic Materials
Yunnan Germanium
DOWA Electronics Materials
II-VI Incorporated
IQE Corporation
Wafer Technology

Browse Report :https://www.1marketresearch.com/market-reports/gallium-market-industry-report-118387

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
LEC Grown GaAs
VGF Grown GaAs

Market Segment by Applications, can be divided into
Wireless Communication
Optoelectronic Devices

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Gallium product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Gallium, with price, sales, revenue and global market share of Gallium in 2017 and 2018.
Chapter 3, the Gallium competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Gallium breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Gallium market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Gallium sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Aira McDonald

Aira McDonald is a seasoned journalist with nearly 15 years experience. While studying journalism at the University of Detroit,, Aira  found a passion for finding engaging stories. As a contributor to PR News Globe, Aira mostly covers human interest pieces.

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Aira McDonald

About the Author: Aira McDonald

Aira McDonald is a seasoned journalist with nearly 15 years experience. While studying journalism at the University of Detroit,, Aira  found a passion for finding engaging stories. As a contributor to PR News Globe, Aira mostly covers human interest pieces.