- News
3 March 2017
RF compound semiconductor revenue to grow to $11bn by 2021
While RF compound semiconductor revenue will grow to slightly more than $11bn in 2021, gallium arsenide (GaAs) devices will not be the driver for this revenue growth, according to the Strategy Analytics Advanced Semiconductor Applications (ASA) service report ‘RF Compound Semiconductor Forecast and Outlook: 2016–2021’.
Wireless applications have been the primary driver for GaAs device revenue growth, but this segment of the RF market will stagnate, forecasts market research firm Strategy Analytics. Instead, revenue growth will come from strong adoption of indium phosphide (InP), gallium nitride (GaN) and silicon germanium (SiGe).
“GaAs will remain the dominant RF technology, but device revenue will flatten in this application,” says Eric Higham, service director, Advanced Semiconductor Applications service. “A slowdown in the wireless segment will open the door for the other RF compound semiconductor device technologies and additional market segments to really propel revenue growth,” he adds.
“The aerospace and defense market will be one of the bright spots for GaAs device revenue,” notes Asif Anwar, service director, Advanced Defense Systems service. “The increasing usage of GaAs and GaN devices in this segment will result in strong growth for RF compound semiconductor revenue,” he concludes.