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2 October 2008


PVs to grow to 20% of SC GaAs market in 2012

End demand for semiconducting (SC) gallium arsenide bulk substrates from photovoltaic markets has the potential to grow at a compound annual average growth rate (CAAGR) of 79% through 2012 to more than 20% of total demand, forecasts Strategy Analytics in its report 'Semi-conducting GaAs Bulk Substrate Market 2007-2012'.

LEDs will continue to represent the largest end market for SC GaAs bulk substrates, accounting for 39% of demand, adds the market research firm. Overall, the merchant market for SC GaAs bulk substrates will grow at a compound annual average growth rate of 7% through 2012 in terms of area.

"Mitsubishi Chemical, Sumitomo Electric Industries and Hitachi Cable are the market leaders," notes Asif Anwar, director of Strategy Analytics' GaAs service. "Collectively, the Japanese leaders accounted for over 64% of the total market," he adds. "Other significant suppliers in 2007, in rank order, included AXT, Dowa, Freiberger Compound Materials, and Neosemitech."

Other key findings of the report include:

  • The merchant market represented 88% of total output in 2007, with the Japanese suppliers accounting for the captive demand.
  • Three- and four-inch material accounted for 70% of wafer output in 2007, and the market for larger-diameter material will continue through 2012.
  • Substrates grown by the vertical gradient freeze (VGF) and vertical Bridgman (VB) methods accounted for 64% of wafer output in 2007, and this will increase to 75% through 2012.

See related items:

GaAs microelectronics market to slow to 9% in 2008

Compound semiconductor substrate market to top $1bn by 2009-2010

Demand grows for SI GaAs bulk substrates

Analysts forecast market growth for SI GaAs bulk substrates

Search: GaAs bulk substrates Photovoltaics LEDs Mitsubishi Chemical Sumitomo Electric Industries Hitachi Cable AXT Freiberger