Dublin, OH /PRNewswire/ -- Research and Markets
The analysts forecast the Global Gallium and Arsenic (GaAs) Device market to grow at a CAGR of 3.1 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing global adoption of smartphones. The Global GaAs Device market has also been witnessing an increasing number of collaborations among GaAs device manufacturers. However, increasing threat from alternate technologies could pose a challenge to the growth of this market.
The report, the Global GaAs Device Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global GaAs Device market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major trends being witnessed in the Global GaAs Device market is the increased collaboration among the GaAs device manufacturers. Through strategic alliances, collaborations, mergers, and acquisitions, the market vendors are expected to expand their business, improve their respective market shares, and gain access to new technologies. These collaborations also aid in offering better solutions and the latest technologies to customers. For instance, RFMD completed its acquisition of Amalfi Semiconductor Inc. and Skyworks acquired Advanced AnaIogic Technologies Inc., both in 2012. Thus, the collaboration among vendors is expected to have a positive impact on the growth of the market during the forecast period.
According to the report, one of the major drivers in this market is the increasing adoption of smartphones worldwide. Smartphones are the major end-user segment for GaAs devices. In recent years, the market has witnessed increasing adoption of smartphones, especially in emerging countries such as China and India, due to the dramatic decline in their prices. With the increasing adoption of smartphones, there is high demand for GaAs devices.
Further, the report states that one of the major challenges in this market is the increasing availability of alternative devices. In recent years, GaN, SiGe, LDMOS, and CMOS devices have emerged as ideal alternatives to GaAs devices, thereby posing a threat to the market vendors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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For more information visit http://www.researchandmarkets.com/research/c369gl/global_gaas
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