Technavio Announces Top Eight GaAs chip vendors
Technavio has announced the eight leading GaAs device vendors in its recent report 'Global GaAs Devices Market 2016 to 2020', based on revenue and market dominance in terms of experience, product portfolio, geographical presence, financial condition, R&D, and customer base.
According to Technavio, the market is dominated by three US vendors: Skyworks Solutions, Qorvo (RFMD and TriQuint Semiconductor), and Avago Technologies. The five other players are Advanced Wireless Semiconductor, Anadigics, Hittite Microwave, Macom and Murata.
Sunil Kumar Singh, a lead analyst at Technavio, specialising in research on embedded systems, says: "The competition in the market is intense, and the market is largely dominated by the mobile devices segment. Productivity, energy consumption, performance, reliability, and cost are critical competition factors in the market. In addition to the competition among existing vendors, there are other factors such as the high cost of production that affect the operations of vendors."
Research carried out by the analysts at Technavio has shown that the global GaAs devices market is expected to grow steadily at a CAGR of nearly 4 percent from 2016 to 2020.
The increasing adoption of smartphones and tablets is one of the key factors driving the growth of this market. The shipments of smartphone will reach more than 2 billion units by 2020 due to the widespread availability of low-cost phones in countries like China and India and the increasing penetration of the Internet worldwide.
