23 September 2011

SI GaAs substrate and epi markets to show 6% CAAGR unit growth through 2015

The recovery of the gallium arsenide (GaAs) market that began in second-half 2009 continued throughout 2010, resulting in a 26% increase in demand for semi-insulating (SI) GaAs bulk substrates, says Strategy Analytics. The market research firm now estimates that the total SI GaAs bulk substrate market will grow at a compound annual average growth rate (CAAGR) of 6% to more than 44,300ksi (thousand square inches) in 2015.

Merchant demand accounted for 90% of the total in 2010. The corresponding market revenue for SI GaAs bulk substrates will grow to an estimated $265m in 2015.

Strategy Analytics also estimates that the total SI GaAs epitaxial substrate market (merchant and captive) increased in area by 30% in 2010 to nearly 30,000ksi. The firm forecasts that the total SI GaAs epi substrate market will grow at a CAAGR of 6% to more than 40000ksi in 2015. However, falling prices will limit growth in the total market value (in terms of revenue) to a CAAGR of 1%. However, even with this slow growth, the market value should rise to $543m in 2015, reckons Strategy Analytics.  

See related items:

SI GaAs epi to bounce back from 7% growth in 2009 to 21% in 2010

Tags: SI GaAs substrates GaAs epitaxial wafers

Visit: www.strategyanalytics.com