Gallium Arsenide (GaAs) RF Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Gallium Arsenide (GaAs) RF Device Trends and Forecast

The future of the global gallium arsenide (GaAs) RF device market looks promising with opportunities in the consumer device, automotive, telecommunication, and aerospace & defense markets. The global gallium arsenide (GaAs) RF device market is expected to reach an estimated $0.9 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are increasing demand for wireless devices in various end use industries, rising significance of advanced RF devices in radar and electronic warfare systems, and growing usage of advanced filtering technologies.

A more than 150-page report is developed to help in your business decisions.

Gallium Arsenide (GaAs) RF Device by Segment

The study includes a forecast for the global gallium arsenide (GaAs) RF device by device, application, end use industry, and region.

Gallium Arsenide (GaAs) RF Device Market by Device [Shipment Analysis by Value from 2018 to 2030]:

• Filters
• Power Amplifiers
• Low Noise Amplifiers
• Switch
• Others

Gallium Arsenide (GaAs) RF Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Consumer Devices
• Automotive
• Telecommunications
• Aerospace & Defence
• Others

Gallium Arsenide (GaAs) RF Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Gallium Arsenide (GaAs) RF Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gallium arsenide (GaAs) RF device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gallium arsenide (GaAs) RF device companies profiled in this report include-

• Qorvo
• Skyworks Solutions
• Qualcomm
• NXP Semiconductors
• Macom
• Murata Manufacturing
• RFHIC
• STMicroelectronics
• Mitsubishi Electric
• Toshiba

Gallium Arsenide (GaAs) RF Device Market Insights

Lucintel forecasts that filter will remain the largest segment over the forecast period due to rising demand for commercial applications and rugged military across the globe.

Within this market, automotive will remain the largest segment over the forecast period.

APAC will remain the largest region over the forecast period due to increasing penetration of 5G and LTE networks and significantly growing demand from semiconductor and consumer electronic in the region.

Features of the Global Gallium Arsenide (GaAs) RF Device Market

Market Size Estimates: Gallium arsenide (GaAs) RF device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Gallium arsenide (GaAs) RF device market size by device, application, and region in terms of value ($B).

Regional Analysis: Gallium arsenide (GaAs) RF device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different devices, applications, and regions for the gallium arsenide (GaAs) RF device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gallium arsenide (GaAs) RF device market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the gallium arsenide (GaAs) RF device market size?

Answer: The global gallium arsenide (GaAs) RF device market is expected to reach an estimated $0.9 billion by 2030.

Q.2 What is the growth forecast for gallium arsenide (GaAs) RF device market?

Answer: The global gallium arsenide (GaAs) RF device market is expected to grow with a CAGR of 8.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the gallium arsenide (GaAs) RF device market?

Answer: The major drivers for this market are increasing demand for wireless devices in various end use industries, rising significance of advanced RF devices in radar and electronic warfare systems, and growing usage of advanced filtering technologies.

Q4. What are the major segments for gallium arsenide (GaAs) RF device market?

Answer: The future of the gallium arsenide (GaAs) RF device market looks promising with opportunities in the consumer device, automotive, telecommunication, and aerospace & defense markets.

Q5. Who are the key gallium arsenide (GaAs) RF device market companies?

Answer: Some of the key gallium arsenide (GaAs) RF device companies are as follows:

• Qorvo
• Skyworks Solutions
• Qualcomm
• NXP Semiconductors
• MACOM
• Murata Manufacturing
• RFHIC
• STMicroelectronics
• Mitsubishi Electric
• Toshiba

Q6. Which gallium arsenide (GaAs) RF device market segment will be the largest in future?

Answer: Lucintel forecasts that filter will remain the largest segment over the forecast period due to rising demand for commercial applications and rugged military across the globe.

Q7. In gallium arsenide (GaAs) RF device market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to increasing penetration of 5G and LTE networks and significantly growing demand from semiconductor and consumer electronic in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the gallium arsenide (GaAs) RF device market by device (filters, power amplifiers, low noise amplifiers,switch, and others), application (consumer devices, automotive, telecommunications, aerospace & defence, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?