Compound Semiconductor Market - Global Industry Analysis

Compound Semiconductor Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Category: Semiconductor & Electronics Report Format : PDF Report Code: ZMR-1165 Status : Upcoming

Description

Global Compound Semiconductor Market: Overview

Compound semiconductor materials are naturally occurring and can be formed by combining elements from two different groups in the periodic table. They can be synthesized by using deposition technologies. They possess unique properties such as high operational temperatures, enhanced frequency, and high band gap. Compound semiconductor materials also possess high current and voltage requirements distant from the ability to generate microwave signals. These properties make them distinct from other compound semiconductors such as Si and Ge and offer numerous advantages in industrial applications.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Compound Semiconductor Market: Growth Factors

The use of the GaN in smart grid and limitations faced by silicon semiconductors may offer ample growth opportunities in the global compound semiconductor market. Whereas, consistency of products and improvements in quality are key strategies adopted by the manufacturers, which is anticipated to foster the global market growth. Compound semiconductor materials are driven by the wireless technologies and optoelectronics devices. Optoelectronic devices have the high demand for compound semiconductors across the world. Increasing penetration of the wireless devices and mobile is the key factor driving the global market. However, compatibility issues with regards to high-end materials such as silicon may hinder the global market to some extent.

Global Compound Semiconductor Market: Segmentation

The global compound semiconductor market is fragmented based on type as III-V compound semiconductors, II-VI compound semiconductors market, sapphire, IV-IV compound semiconductors market, and others. III-V compound semiconductors are further sub-segmented as indium antimonide, gallium phosphide, indium phosphide, gallium nitride, and gallium arsenide. Based on products the global market is classified as diodes and rectifiers, power semiconductor, integrated circuits, and transistors. Diodes and rectifiers are further sub-segmented as a Schottky diode, PIN diode, and the zener diode. Moreover, the global compound semiconductor market is segregated on the basis of applications, the global market is segmented as medical applications, consumer electronics applications, industrial, power, solar, and wind applications, ICT sector, automotive, and aerospace and defense applications. Of these, industrial, power, solar, and wind applications are further sub-segmented as motor drives, smart grid, photovoltaic inverters, and wind turbines and wind power systems. Furthermore, the global compound semiconductor market is divided based on technology as atomic layer deposition, molecular beam epitaxy, liquid phase epitaxy, metal organic chemical vapor deposition, ammonothermal, and chemical vapor deposition.

Global Compound Semiconductor Market: Regional Analysis

Asia Pacific is the leading region in the global market for widespread applications of GaN electronics and gallium nitride in automotive electronics, which may drive the global market growth. Escalating demand for photovoltaics, wireless communication, and optoelectronics devices is the major driving factor of the global market in this region. Moreover, Japan is the leading region for the compound semiconductor. Evolution of GaAs compliant technology and products in this region is projected to contribute to the growth of the global compound semiconductor market in future.

Global Compound Semiconductor Market: Competitive Players

Key players dominating the global compound semiconductor market are LM Ericsson Telefon AB, International Quantum Epitaxy PLC, Taiwan Semiconductor Manufacturing Company Ltd., Cree Inc., and Freescale Semiconductor Inc.

Global Compound Semiconductor Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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