Global Gallium Arsenide Germanium Solar Cell (Gaas) Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application
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This report aims to provide a comprehensive presentation of the global market for Gallium Arsenide Germanium Solar Cell (Gaas), with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gallium Arsenide Germanium Solar Cell (Gaas).
The Gallium Arsenide Germanium Solar Cell (Gaas) market size considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Gallium Arsenide Germanium Solar Cell (Gaas) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Gallium Arsenide Germanium Solar Cell (Gaas) manufacturers, new entrants, and industry chain related companies in this market with information for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
The gallium arsenide germanium solar cell (Gaas) market is expected to reach USD 27.73 billion by 2030, which is USD 14.54 billion in 2022, at a CAGR of 8.40% during the forecast period.
Competitive Landscape Analysis:
The main players in the Gallium Arsenide Germanium Solar Cell (Gaas) market include Semiconductor Wafer Inc (Taiwan), AXT, Inc. (U.S.), Freiberger Compound Materials GmbH (Germany), Xiamen Powerway Advanced Material Co., Ltd. (China), and Sumitomo Electric Industries, Ltd. (Japan). The share of the top 3 players in the Gallium Arsenide Germanium Solar Cell (Gaas) market is xx%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for xx%, Europe accounted for xx% of Gallium Arsenide Germanium Solar Cell (Gaas) market, and Asia Pacific accounted for xx%.
Segmental Analysis
The report segments the market by Type and Application. LEC grown GaAs accounted for xx% of Gallium Arsenide Germanium Solar Cell (Gaas) market in 2022. VGF grown GaAs share of xx%.
Radio Frequency Electronics accounted for xx% of the Gallium Arsenide Germanium Solar Cell (Gaas) market in 2022. Light Emitting Diodes accounts for xx%.
The storage market is cold, and advanced technologies continue to develop.
With the rising inflation and weak demand in the terminal market, especially the decline in demand for PC and mobile phone terminal products affected by consumer spending, the growth expectation of the consumer storage market is lowered. In addition, the reduction of investment in data centers by technology giants such as Microsoft and Amazon will put downward pressure on the commercial storage market.
Although the consumer storage market will be cold, the market demand for applications such as automobiles is strong. With the substantial increase in sales of new energy vehicles, the amount of storage products required for bicycles will be greatly improved, especially after introducing other intelligent technologies such as ADAS and autonomous driving.
Different from the "uneven heat and cold" in various storage markets, major storage manufacturers have been trying and breaking through in the technical process. For example, in the field of DRAM, Micron's fifth-generation 10nm DRAM product (1β DRAM) has been sent to its partners for verification. Once the product is mature, it will be put into mobile phones, computers, servers, automobiles and other markets one after another.
In the field of NAND Flash, Micron's first 232-layer NAND product in the world has been mass-produced and is being supplied to PC OEM customers around the world; SK Hynix 238-layer 512Gb TLC 4D NAND flash memory is expected to be put into mass production in the first half of 2023. Samsung's plan is even bolder, claiming that it will realize 1,000 layers of V-NAND by 2030.
Segmental Analysis
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
South America
Brazil
Argentina
Colombia
MEA
Saudi Arabia
Egypt
Nigeria
Some of the Top Market Players Covered Are:
Semiconductor Wafer Inc (Taiwan)
AXT, Inc. (U.S.)
Freiberger Compound Materials GmbH (Germany)
Xiamen Powerway Advanced Material Co., Ltd. (China)
Sumitomo Electric Industries, Ltd. (Japan)
Wafer Technology Ltd. (U.K.)
MTI Corporation (U.S.)
Vital Materials Co., Limited. (China)
DOWA Electronics Materials Co., Ltd. (Japan)
II-VI Incorporated (U.S.)
IQE PLC (U.K.)
Wafer Technology (U.S.)
Advanced Wireless Semiconductor Company (Taiwan)
Hanergy Mobile Energy Holding Group Limited. (Beijing)
Qorvo, Inc. (U.S.)
Market outlook by product/service type:
LEC grown GaAs
VGF grown GaAs
Market outlook by Application :
Radio Frequency Electronics
Light Emitting Diodes
Photovoltaic Devices
Phototonic Devices
Wireless Communication
Optoelectronic Devices
Other Applications
Table of Content
1 Gallium Arsenide Germanium Solar Cell (Gaas) Market Overview
1.1 Gallium Arsenide Germanium Solar Cell (Gaas) Product Description
1.2 Gallium Arsenide Germanium Solar Cell (Gaas) Market Segment by Type
1.3 Global Gallium Arsenide Germanium Solar Cell (Gaas) Market Size by Type
1.3.1 Global Gallium Arsenide Germanium Solar Cell (Gaas) Market Size Overview by Type
1.3.2 Global Gallium Arsenide Germanium Solar Cell (Gaas) Historic Market Size Review by Type
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Type
1.4.2 Europe Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Type
1.4.3 Asia-Pacific Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Type
1.4.4 Latin America Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Type
1.4.5 Middle East and Africa Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Type
2 Global Gallium Arsenide Germanium Solar Cell (Gaas) by Application
2.1 Gallium Arsenide Germanium Solar Cell (Gaas) Market Segment by Application
2.2 Global Gallium Arsenide Germanium Solar Cell (Gaas) Market Size by Application
2.2.1 Global Gallium Arsenide Germanium Solar Cell (Gaas) Market Size Overview by Application
2.2.2 Global Gallium Arsenide Germanium Solar Cell (Gaas) Historic Market Size Review by Application
2.3 Key Regions Market Size Segment by Application
2.3.1 North America Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Application
2.3.2 Europe Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Application
2.3.3 Asia-Pacific Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Application
2.3.4 Latin America Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Application
2.3.5 Middle East and Africa Gallium Arsenide Germanium Solar Cell (Gaas) Sales Breakdown by Application
3 Gallium Arsenide Germanium Solar Cell (Gaas) Status and Outlook by Region
3.1 Global Gallium Arsenide Germanium Solar Cell (Gaas) Market Size and CAGR by Region: 2018 VS 2023 VS 2029
3.2 Global Gallium Arsenide Germanium Solar Cell (Gaas) Historic Market Size by Region
3.2.1 Global Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Region
3.2.2 Global Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Region
3.2.3 Global Gallium Arsenide Germanium Solar Cell (Gaas) Sales Price and Gross Margin
3.3 Global Gallium Arsenide Germanium Solar Cell (Gaas) Forecasted Market Size by Region
3.3.1 Global Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Region
3.3.2 Global Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Region
3.3.3 Global Gallium Arsenide Germanium Solar Cell (Gaas) Sales Price and Gross Margin
4 Global Gallium Arsenide Germanium Solar Cell (Gaas) Market Competition by Company
4.1 Global Top Players by Gallium Arsenide Germanium Solar Cell (Gaas) Sales
4.2 Global Top Players by Gallium Arsenide Germanium Solar Cell (Gaas) Revenue
4.3 Global Top Players Gallium Arsenide Germanium Solar Cell (Gaas) Price
4.4 Global Top Manufacturers Gallium Arsenide Germanium Solar Cell (Gaas) Manufacturing Base Distribution, Sales Area, Product Type
4.5 Gallium Arsenide Germanium Solar Cell (Gaas) Market Competitive Situation and Trends
4.5.1 Gallium Arsenide Germanium Solar Cell (Gaas) Market Concentration Rate
4.5.2 Global 3 and 6 Largest Manufacturers by Gallium Arsenide Germanium Solar Cell (Gaas) Sales and Revenue in 2022
4.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Gallium Arsenide Germanium Solar Cell (Gaas) as of 2022)
4.7 Date of Key Manufacturers Enter into Gallium Arsenide Germanium Solar Cell (Gaas) Market
4.8 Key Manufacturers Gallium Arsenide Germanium Solar Cell (Gaas) Product Offered
4.9 Mergers & Acquisitions, Expansion
5 North America Gallium Arsenide Germanium Solar Cell (Gaas) by Country
5.1 North America Gallium Arsenide Germanium Solar Cell (Gaas) Historic Market Size by Country
5.1.1 North America Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
5.1.2 North America Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
5.2 North America Gallium Arsenide Germanium Solar Cell (Gaas) Forecasted Market Size by Country
5.2.1 North America Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
5.2.2 North America Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
6 Europe Gallium Arsenide Germanium Solar Cell (Gaas) by Country
6.1 Europe Gallium Arsenide Germanium Solar Cell (Gaas) Historic Market Size by Country
6.1.1 Europe Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
6.1.2 Europe Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
6.2 Europe Gallium Arsenide Germanium Solar Cell (Gaas) Forecasted Market Size by Country
6.2.1 Europe Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
6.2.2 Europe Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
7 Asia-Pacific Gallium Arsenide Germanium Solar Cell (Gaas) by Country
7.1 Asia-Pacific Gallium Arsenide Germanium Solar Cell (Gaas) Historic Market Size by Country
7.1.1 Asia-Pacific Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
7.1.2 Asia-Pacific Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
7.2 Asia-Pacific Gallium Arsenide Germanium Solar Cell (Gaas) Forecasted Market Size by Country
7.2.1 Asia-Pacific Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
7.2.2 Asia-Pacific Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
8 Latin America Gallium Arsenide Germanium Solar Cell (Gaas) by Country
8.1 Latin America Gallium Arsenide Germanium Solar Cell (Gaas) Historic Market Size by Country
8.1.1 Latin America Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
8.1.2 Latin America Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
8.2 Latin America Gallium Arsenide Germanium Solar Cell (Gaas) Forecasted Market Size by Country
8.2.1 8.2.1 Latin America Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
8.2.2 8.2.2 Latin America Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
9 Middle East and Africa Gallium Arsenide Germanium Solar Cell (Gaas) by Country
9.1 Middle East and Africa Gallium Arsenide Germanium Solar Cell (Gaas) Historic Market Size by Country
9.1.1 Middle East and Africa Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
9.1.2 Middle East and Africa Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
9.2 Middle East and Africa Gallium Arsenide Germanium Solar Cell (Gaas) Forecasted Market Size by Country
9.2.1 Middle East and Africa Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Volume by Country
9.2.2 Middle East and Africa Gallium Arsenide Germanium Solar Cell (Gaas) Sales in Value by Country
10 Manufacturers Profiles
10.1 Semiconductor Wafer Inc (Taiwan)
10.1.1 Semiconductor Wafer Inc (Taiwan) Information
10.1.2 Business Overview
10.1.3 Semiconductor Wafer Inc (Taiwan) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.1.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.1.5 Semiconductor Wafer Inc (Taiwan) Recent Development
10.2 AXT, Inc. (U.S.)
10.2.1 AXT, Inc. (U.S.) Information
10.2.2 Business Overview
10.2.3 AXT, Inc. (U.S.) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.2.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.2.5 AXT, Inc. (U.S.) Recent Development
10.3 Freiberger Compound Materials GmbH (Germany)
10.3.1 Freiberger Compound Materials GmbH (Germany) Information
10.3.2 Business Overview
10.3.3 Freiberger Compound Materials GmbH (Germany) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.3.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.3.5 Freiberger Compound Materials GmbH (Germany) Recent Development
10.4 Xiamen Powerway Advanced Material Co., Ltd. (China)
10.4.1 Xiamen Powerway Advanced Material Co., Ltd. (China) Information
10.4.2 Business Overview
10.4.3 Xiamen Powerway Advanced Material Co., Ltd. (China) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.4.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.4.5 Xiamen Powerway Advanced Material Co., Ltd. (China) Recent Development
10.5 Sumitomo Electric Industries, Ltd. (Japan)
10.5.1 Sumitomo Electric Industries, Ltd. (Japan) Information
10.5.2 Business Overview
10.5.3 Sumitomo Electric Industries, Ltd. (Japan) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.5.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.5.5 Sumitomo Electric Industries, Ltd. (Japan) Recent Development
10.6 Wafer Technology Ltd. (U.K.)
10.6.1 Wafer Technology Ltd. (U.K.) Information
10.6.2 Business Overview
10.6.3 Wafer Technology Ltd. (U.K.) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.6.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.6.5 Wafer Technology Ltd. (U.K.) Recent Development
10.7 MTI Corporation (U.S.)
10.7.1 MTI Corporation (U.S.) Information
10.7.2 Business Overview
10.7.3 MTI Corporation (U.S.) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.7.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.7.5 MTI Corporation (U.S.) Recent Development
10.8 Vital Materials Co., Limited. (China)
10.8.1 Vital Materials Co., Limited. (China) Information
10.8.2 Business Overview
10.8.3 Vital Materials Co., Limited. (China) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.8.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.8.5 Vital Materials Co., Limited. (China) Recent Development
10.9 DOWA Electronics Materials Co., Ltd. (Japan)
10.9.1 DOWA Electronics Materials Co., Ltd. (Japan) Information
10.9.2 Business Overview
10.9.3 DOWA Electronics Materials Co., Ltd. (Japan) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.9.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.9.5 DOWA Electronics Materials Co., Ltd. (Japan) Recent Development
10.10 II-VI Incorporated (U.S.)
10.10.1 II-VI Incorporated (U.S.) Information
10.10.2 Business Overview
10.10.3 II-VI Incorporated (U.S.) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.10.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.10.5 II-VI Incorporated (U.S.) Recent Development
10.11 IQE PLC (U.K.)
10.11.1 IQE PLC (U.K.) Information
10.11.2 Business Overview
10.11.3 IQE PLC (U.K.) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.11.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.11.5 IQE PLC (U.K.) Recent Development
10.12 Wafer Technology (U.S.)
10.12.1 Wafer Technology (U.S.) Information
10.12.2 Business Overview
10.12.3 Wafer Technology (U.S.) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.12.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.12.5 Wafer Technology (U.S.) Recent Development
10.13 Advanced Wireless Semiconductor Company (Taiwan)
10.13.1 Advanced Wireless Semiconductor Company (Taiwan) Information
10.13.2 Business Overview
10.13.3 Advanced Wireless Semiconductor Company (Taiwan) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.13.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.13.5 Advanced Wireless Semiconductor Company (Taiwan) Recent Development
10.14 Hanergy Mobile Energy Holding Group Limited. (Beijing)
10.14.1 Hanergy Mobile Energy Holding Group Limited. (Beijing) Information
10.14.2 Business Overview
10.14.3 Hanergy Mobile Energy Holding Group Limited. (Beijing) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.14.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.14.5 Hanergy Mobile Energy Holding Group Limited. (Beijing) Recent Development
10.15 Qorvo, Inc. (U.S.)
10.15.1 Qorvo, Inc. (U.S.) Information
10.15.2 Business Overview
10.15.3 Qorvo, Inc. (U.S.) Gallium Arsenide Germanium Solar Cell (Gaas) Sales, Price, Revenue, Gross Margin
10.15.4 Gallium Arsenide Germanium Solar Cell (Gaas) Products Offered
10.15.5 Qorvo, Inc. (U.S.) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Gallium Arsenide Germanium Solar Cell (Gaas) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Gallium Arsenide Germanium Solar Cell (Gaas) Industrial Chain Analysis
11.4 Gallium Arsenide Germanium Solar Cell (Gaas) Market Dynamics
11.4.1 Gallium Arsenide Germanium Solar Cell (Gaas) Industry Trends
11.4.2 Gallium Arsenide Germanium Solar Cell (Gaas) Growth Drivers
11.4.3 Gallium Arsenide Germanium Solar Cell (Gaas) Market Challenges
11.4.4 Gallium Arsenide Germanium Solar Cell (Gaas) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Gallium Arsenide Germanium Solar Cell (Gaas) Distributors
12.3 Gallium Arsenide Germanium Solar Cell (Gaas) Downstream Customers
13 Research Findings and Conclusion
14 Methodology and Data Source
14.1 A Methodology
14.1.1 Research Process
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 B Data Source
14.2.1 Legal Disclaimer
Research Methodology:
Global Gallium Arsenide Germanium Solar Cell (Gaas) Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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