GaAs demand from military sector to grow at a CAGR of over
13 percent
Boston, MA - October 14, 2014 - Growing momentum behind the use of
solid-state technologies in radar, electronic warfare, communications
and other systems will drive increased demand for GaAs devices through
2018. The Strategy Analytics Advanced Defense Systems
(ADS) service report, “GaAs Industry Outlook 2013-2018,” and associated
spreadsheet model predicts that GaAs device demand from the defense
sector will grow at almost three times the growth rate for the
commercial GaAs device market.
Some of the key findings from the report, GaAs Industry Outlook 2013-2018,
as related to GaAs demand from the defense sector include:
·
The military GaAs device market
will grow at a CAGR (compound annual growth rate) of nearly 13%,
exceeding over half a billion dollars by 2018.
·
While GaAs devices are used in
Electronic Warfare (EW) and smart munitions applications, the
communications and radar applications will drive the bulk of demand.
·
The largest usage of GaAs
devices will continue to come from radar applications which will account
for over 60% the merchant GaAs military market revenue.
Click here for the report:
http://bit.ly/1ETxG6L
“Changing battlefield
philosophies including a shift toward more asymmetric conflicts will
place a premium on electronic capabilities,” noted
Asif Anwar, Director of the ADS service. “GaAs devices have
traditionally played an important role in defense applications and
future system requirements are driving increasing demand for solid-state
solutions which will propel demand for GaAs devices
as well as other compound semiconductor technologies.”
“GaAs will also continue
to be an enabling technology for commercial markets with increasingly
sophisticated smartphones ramping up GaAs device content as well as
growth in non-cellular markets,” commented
Eric Higham, North American Director for ADS. “However, there
will be serious challenges in the future as increasing competition from
technologies like silicon and GaN, along with new system and PA
architectures slow the future growth rate in the commercial
GaAs device market to below historical averages.”