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Gallium Arsenide (GaAs) RF Devices Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 311 | Report ID: MRS1020


Report Description

The global Gallium Arsenide (GaAs) RF Devices market size is estimated at USD 420.1 million in 2020, expanding at a CAGR 10.2% from 2021-2027 to reach 750.4 million USD by 2027.

Market Dynamics

GaAs RF devices market is expected to witness substantial growth over the forecast period. The increasing demand for RF devices in smartphones is projected to boost the market growth. In addition, the rising penetration of advanced technologies like LTE is growing the focus of RF devices in electronic warfare systems, and radar systems. Gallium Arsenide (GaAs) is a highly preferred material in producing smartphone RF components. It offers various benefits like low noise, high thermal stability, and high electron mobility. Further, these devices find their application in satellite communication, consumer devices, and radar.

The technological shift from 3G to LTE/4G has increased network interference in communication channels. Additionally, the increasing adoption of 5G services is expected to positively impact market growth. This is projected to increase the usage of advanced filtering technologies. All these key factors are expected to foster the demand for GaAs devices over the forecast period. However, the high cost of RF devices may hamper the market growth.

The Asia Pacific is estimated to dominate the global market. The rising penetration of 5G and LTE networks across the region is boosting the market growth. In addition, the growing demand from consumer devices & semiconductor applications is also contributing to market growth. China is leading the Asian market with the largest market share. North America and Europe are expected to hold a significant amount of market share.

The GaAs RF devices market is fragmented into devices and applications segments. Based on devices, the filters segment is anticipated to dominate the market. By application, the automotive segment is projected to grow at the fastest CAGR during the forecast period.

The GaAs RF devices market is highly competitive in nature with the presence of local & international players. Key players in the industry indulge in strategic mergers & acquisitions, new product development to strengthen their position in the market.

The report begins with an overview of the Industry Chain structure, and describes industry environment, then analyses market size and forecast of GaAs RF Devices by devices, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Qorvo
  • Skyworks
  • Analog Devices
  • Qualcomm
  • NXP Semiconductors
  • Cree
  • MACOM
  • Microchip Technology
  • Murata Manufacturing
  • Texas Instruments
  • Maxim Integrated
  • Mercury Systems
  • ON Semiconductor
  • RFHIC
  • STMicroelectronics
  • Mitsubishi Electric
  • Toshiba

Devices Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Filter
  • Power Amplifier
  • Low Noise Amplifier
  • Switch

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Consumer Devices
  • Automotive
  • Telecommunication
  • Aerospace & Defence

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global Gallium Arsenide (GaAs) RF Devices market size is estimated at USD xxx million in 2020, expanding at a CAGR 10.2% from 2021-2027 to reach xxx million USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global industry is growing at a promising growth rate over the study period.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The worldwide market is characterized by the presence of large number of small scale and medium scale players.

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