The Asia Pacific Dominates the Global Gallium Arsenide (GaAs) Wafer Market with a Share of 75.4% in 2024
The global gallium arsenide (GaAs) wafer market size will be $863.17 million in 2024 with a CAGR of 10.23% from 2024 to 2029. Definition Gallium arsenide (GaAs) is a compound of the element’s gallium and arsenic. It is an III-V direct bandgap semiconductor with a zinc blend 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. Market by Type Gallium arsenide wafers are manufactured in two different ways, and the LEC technology is used to grow single crystals of materials, especially semiconductors such as gallium arsenide. The crystals are extracted from the melt, which is contained in a suitable crucible and protected from contamination by being encapsulated by the liquid. The VGF process involves carefully controlling the temperature…