PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1758789
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1758789
Global Gallium Arsenide Components Market to Reach US$13.3 Billion by 2030
The global market for Gallium Arsenide Components estimated at US$10.3 Billion in the year 2024, is expected to reach US$13.3 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2024-2030. LEC Grown GaAs, one of the segments analyzed in the report, is expected to record a 3.6% CAGR and reach US$8.8 Billion by the end of the analysis period. Growth in the VGF Grown GaAs segment is estimated at 6.0% CAGR over the analysis period.
The U.S. Market is Estimated at US$2.8 Billion While China is Forecast to Grow at 6.8% CAGR
The Gallium Arsenide Components market in the U.S. is estimated at US$2.8 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2030 trailing a CAGR of 6.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.1% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.
Global "Gallium Arsenide Components" Market - Key Trends & Drivers Summarized
Why Is Gallium Arsenide Becoming a Core Material in Advanced Electronics?
Gallium arsenide (GaAs) components have emerged as foundational elements in next-generation electronics due to their superior electron mobility, direct bandgap properties, and resistance to radiation. These attributes make GaAs especially suitable for high-frequency and optoelectronic applications. Unlike silicon, GaAs allows devices to operate at higher speeds with greater energy efficiency, making it the preferred substrate for RF amplifiers, microwave circuits, infrared LEDs, laser diodes, and solar cells used in space applications. As the global demand for 5G infrastructure, satellite communication, and radar systems intensifies, so does the reliance on GaAs-based semiconductors. The growth in defense technology and aerospace engineering further underscores the need for components that can operate under extreme environmental conditions. Additionally, consumer electronics manufacturers are using GaAs in high-end smartphones and Wi-Fi routers to ensure faster data transmission and lower latency. These trends reflect a decisive shift toward materials science innovations that outperform traditional silicon-based solutions.
What Role Does Innovation Play in Enhancing GaAs Component Capabilities?
Innovation in fabrication techniques and device architectures is propelling the gallium arsenide components market into a new phase of development. The rise of monolithic microwave integrated circuits (MMICs), heterojunction bipolar transistors (HBTs), and high electron mobility transistors (HEMTs) are pushing performance benchmarks for GaAs devices. Advancements in metal-organic chemical vapor deposition (MOCVD) and molecular beam epitaxy (MBE) are improving wafer yields, crystalline quality, and scalability. Moreover, hybrid integration with other III-V compounds and silicon photonics is opening new frontiers in optoelectronic device engineering. Innovations are also evident in packaging solutions aimed at enhancing thermal management and device miniaturization. As fabrication costs decline and production capabilities expand in key regions like China, Taiwan, and South Korea, GaAs components are becoming more accessible to mid-tier device manufacturers. In parallel, R&D in quantum electronics and terahertz technologies is experimenting with GaAs due to its unique electron transport properties, setting the stage for disruptive applications.
Which Industries Are Driving Demand for Gallium Arsenide Components Today?
Demand for GaAs components is broadening across multiple high-value sectors. In telecommunications, GaAs is indispensable for power amplifiers and antennas in 5G smartphones, base stations, and satellite modems. The defense and aerospace industries rely heavily on GaAs for radar systems, secure communication links, and space-grade solar arrays. Optoelectronic devices, such as laser diodes and photodetectors, are essential in industrial automation, healthcare imaging, and consumer electronics. Automotive radar systems-especially for autonomous vehicles-are beginning to integrate GaAs to enable precise signal processing. In renewable energy, GaAs-based multijunction solar cells offer unmatched efficiency levels, making them suitable for high-altitude drones and space missions. The compound is also seeing increased uptake in the burgeoning market for wearable medical devices and advanced biometric sensors. With IoT proliferation, more devices require compact, high-speed, low-power components-criteria that GaAs components fulfill exceptionally well, reinforcing their role across various technological domains.
The Growth in the Gallium Arsenide Components Market Is Driven by Several Factors…
The growth in the gallium arsenide components market is driven by several factors connected to advances in telecommunications, consumer electronics, and material engineering. First, the global deployment of 5G and the need for high-frequency signal processing are significantly boosting GaAs component adoption, particularly in RF front-end modules. Second, the miniaturization of high-performance consumer electronics-such as smartphones, AR/VR devices, and wearables-requires GaAs chips for power efficiency and thermal stability. Third, strategic investments by defense and aerospace agencies in radar, surveillance, and space exploration programs are fueling demand for radiation-resistant and high-reliability components. Fourth, technological shifts in optoelectronics-spanning from fiber-optic networks to lidar systems-depend heavily on GaAs-based devices for their speed and optical clarity. Additionally, increased funding for quantum computing and photonics research is stimulating R&D interest in gallium arsenide. The availability of cost-effective manufacturing processes and regional policy support in semiconductor production hubs is further catalyzing growth, ensuring GaAs components will remain integral to future high-tech ecosystems.
SCOPE OF STUDY:
The report analyzes the Gallium Arsenide Components market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Type (LEC Grown GaAs, VGF Grown GaAs); Application (Mobile Devices Application, Wireless Communications Application, Other Applications)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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