Continued Growth in 2014 Will Benefit Suppliers like Skyworks, RFMD/TriQuint, Avago, M/A-COM, Hittite/ADI and others
Boston, MA /PRNewswire/ -- Ongoing growth in cellular and Wi-Fi applications will continue to drive GaAs device revenues higher. The recently released Strategy Analytics Advanced Semiconductor Applications (ASA) Forecast and Outlook report, "GaAs Industry Forecast: 2013- 2018" and the accompanying spreadsheet model forecasts further growth in the GaAs device market in 2014, before competitive technologies and trends act to reduce the growth rates. Strategy Analytics has published the annual market forecast report for clients of the ASA service, but it is also available to purchase separately. Extensive market models detailing the more than 30 market segments that utilize GaAs devices back the forecast. The ASA service specifically focuses on the different semiconductor technologies like GaAs, GaN, InP, SiC and silicon that compete for end applications in the RF, optical and power electronics segments, resulting in the most robust market data in the industry.
Click here for the report: GaAs Industry Forecast: 2013- 2018
The report concludes:
The wireless communications segment continues to be the largest user of GaAs devices. Strong demand in this segment helped propel GaAs device revenues up by 11 percent in 2013.
GaAs MMIC devices, supplied by device OEMs like Skyworks, RFMD/TriQuint, Avago, ADI/Hittite, M/A-COM Technology Solutions, ANADIGICS, etc. make up nearly 98 percent of all GaAs device revenues.
Competitive technologies like silicon and GaN will continue to capture market share from GaAs. This will put the brakes on the growth rate of GaAs device revenue and contribute to an expected decline by 2018.
Eric Higham, Service Director, Advanced Semiconductor Applications commented: "The GaAs device market has proven incredibly resilient in the face of threats, and manufacturers have been rewarded with nearly 10 years of uninterrupted revenue growth. However, increasing market share for CMOS PAs, GaN and multi-mode and multi-band GaAs PAs will signal a new challenge to revenue growth in the future."
Asif Anwar, Director in the Strategic Technologies Practice added: "The call to action has gone out to all the participants in the GaAs supply chain to provide innovation that will enable GaAs devices to fend off these challenges and continue the trend of revenue growth."
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
SOURCE: Strategy AnalyticsCopyright 2014 PR Newswire. All Rights Reserved