Photovoltaics emerge as fastest growing GaAs market, says Strategy Analytics


The latest Strategy Analytics analysis on the semiconducting (SC) GaAs bulk substrates market predicts that demand for SC GaAs bulk substrates from photovoltaic markets has the potential to grow at a CAGR (compound annual growth rate) of 79% through 2012, representing over 20% of total demand. However, LEDs will continue to represent the largest end market for SC GaAs bulk substrates, accounting for 39% of demand.

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