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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