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Compound Semiconductor Market Size, Developments Status, Trends and Leading Players Analysis, Forecast 2027

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The global Compound Semiconductor market size is expected to surpass around US$ 44.52 billion by 2027 and the market is expected to garner growth at a CAGR of 6.2% over the forecast period 2021 to 2027.

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Growth Factors

Increasing demand for high speed and efficiency products has prominently driven the market growth for compound semiconductors in the recent past. Integration of high-end technologies such as artificial intelligence, machine learning, and Internet of Things (IoT) in the communication sector to enhance its performance is the other prime factor that boosts the market growth. Further, increasing usage of compound semiconductor in various electronic applications that include electronic wafer, film coatings, and integrated circuits expected to drive the market prominently over the next few years. Automotive industry has witness dramatic changes in the recent past due to rising advancement in the electronic products. Automotive innovations such as electric vehicle and autonomous cars have fulfilled the maximum required integration of semiconductor electronics in the automotive sector. The aforementioned factor fuels the market growth prominently.

However, high fabrication and material cost may hamper the market growth in the near future. The prices of compound semiconductor products are much higher as compared to silicon semiconductors due to complex manufacturing processes and usage of high-priced state-of-the-art equipment during fabrication.

Market Report Scope

Report Highlights Details
Market Size USD 44.52 Billion by 2027
Growth Rate CAGR of 6.2% from 2021 to 2027
Largest Market Asia Pacific
Fastest Growing Market North America
Base Year 2021
Forecast Period 2021 to 2027

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Market Overview

A recent study by Precedence Research on the Compound Semiconductor market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the Compound Semiconductor market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of Compound Semiconductor. The study also provides the dynamics that are responsible for influencing the future status of the Compound Semiconductor market over the forecast period.

A detailed assessment of the Compound Semiconductor market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the Compound Semiconductor market along with their product portfolio enhances the reliability of this comprehensive research study.

Report Highlights

  • In 2020, the Asia Pacific captured maximum revenue share of nearly 52% in the global compound semiconductor market in 2019. In addition, the region analyzed to witness the highest growth over the forecast period. This is mainly due to the escalating demand of consumer electronic products along with significant penetration of wireless communication technologies in the region.
  • North America and Europe are the other significant revenue contributors in the global compound semiconductor market. Their growth is mainly attributed to the escalating development of automotive and telecommunication sectors. Advent of electrification of vehicles, artificial Intelligence, and digitalization has significantly propelled the market growth in above mentioned regions.
  • By application, IT & Telecom accounted for the major market value share of nearly 46% in 2020 and expected to witness substantial growth over the analysis period. This is attributed to rising demand for semiconductor elements in wireless and mobile communications. However, consumer electronics projected to register the most lucrative growth rate during the forecast period.
  • The Asia Pacific region is expected to dominate the compound semiconductor market and is projected to grow at the highest CAGR during the forecast period. Increasing demand for LEDs from various end-use applications, rising adoption of LTE & 5G networks would provide an opportunity for RF compound semiconductors, increasing importance of electric vehicles & HEVs would create opportunity for compound semiconductor power electronics. Also, the development of data centers in these countries by companies such as Google (US), Facebook (US), and Microsoft (US) is projected to fuel the demand for compound semiconductors.

OBJECTIVES OF THE STUDY

  • To analyze and forecast the electric motor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Major key players operating in the market are

  • Nichia Corporation
  • Cree Inc.
  • Qorvo
  • Samsung Electronics
  • Taiwan Semiconductor Manufacturing Company Ltd.
  • STMicroelectronics NV
  • NXP Semiconductor N.V.
  • Texas Instruments Inc.
  • Renesas Electronics Corporation
  • Infineon Technologies AG

Segments Covered in the Report

By Deposition Technology

  • Molecular Beam Epitaxy
    • Metal Organic Molecular Beam Epitaxy
  • Chemical Vapor Deposition
    • Metal Organic Chemical Vapor Deposition (MOCVD)
  • Ammonothermal
  • Hydride Vapor Phase Epitaxy
  • Atomic Layer Deposition
  • Liquid Phase Epitaxy
  • Others

By Type

  • II-VI Compound Semiconductors
    • Cadmium Telluride
    • Cadmium Selenide
    • Zinc Selenide
  • III-V Compound Semiconductors
    • Gallium Phosphide
    • Gallium Nitride
    • Indium Phosphide
    • Gallium Arsenide
    • Indium Antimonide
  • IV-IV Compound Semiconductors
    • Silicon Germanium
    • Silicon Carbide
  • Sapphire
  • Others
    • Aluminum Indium Arsenide
    • Aluminum Gallium Arsenide
    • Aluminum Gallium Phosphide
    • Aluminum Gallium Nitride
    • Cadmium Zinc Telluride
    • Indium Gallium Nitride

By Product

  • Transistors
    • Metal Oxide Semiconductor Field-Effect Transistors
    • High Electron Mobility Transistors
    • Metal Semiconductor Field-Effect Transistors
  • Power Semiconductor
  • Diodes & Rectifiers
    • Zener Diode
    • PIN Diode
    • Light-Emitting Diode
    • Schottky Diode
  • Integrated Circuits
    • Radio Frequency Integrated Circuits
    • Monolithic Microwave Integrated Circuits
  • Others

By Application

  • Industrial and Energy & Power
    • Wind Turbines & Wind Power System
    • Smart Grid
    • Motor Drives
    • Photovoltaic Inverters
  • Consumer Electronics
    • LED Lighting
    • Invertors
    • Switch Mode Consumer Power Supply System
  • IT & Telecom
    • Satellite Communication
    • Signal Amplifiers and Switching System
    • RF
    • Radar
  • Automotive
    • Chemical Vapor Deposition Braking System
    • Electric Vehicle & Hybrid Electric Vehicles
    • Automobile Motor Drives
    • Rail Traction
  • Aerospace & Defense
    • Ships & Vessels
    • Combat Vehicles
    • Microwave Radiation
  • Healthcare
    • Biomedical Electronics
    • Implantable Medical Device

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global Compound Semiconductor market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Compound Semiconductor are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Compound Semiconductor Market, By Product

7.1. Compound Semiconductor Market, by Product Type, 2020-2027
7.1.1. Transistors
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Power Semiconductor
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Diodes & Rectifiers
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Integrated Circuits
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Others
7.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Compound Semiconductor Market, By Type

8.1. Compound Semiconductor Market, by Type, 2020-2027
8.1.1. II-VI Compound Semiconductors
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. III-V Compound Semiconductors
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. IV-IV Compound Semiconductors
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Sapphire
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Compound Semiconductor Market, By Deposition Technology

9.1. Compound Semiconductor Market, by Deposition Technology, 2020-2027
9.1.1. Molecular Beam Epitaxy
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Chemical Vapor Deposition
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Ammonothermal
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Hydride Vapor Phase Epitaxy
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.5. Atomic Layer Deposition
9.1.5.1. Market Revenue and Forecast (2016-2027)
9.1.6. Liquid Phase Epitaxy
9.1.6.1. Market Revenue and Forecast (2016-2027)
9.1.7. Others
9.1.7.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Compound Semiconductor Market, By Application

10.1. Compound Semiconductor Market, by Application, 2020-2027
10.1.1. Industrial and Energy & Power
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Consumer Electronics
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. IT & Telecom
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Automotive
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Aerospace & Defense
10.1.5.1. Market Revenue and Forecast (2016-2027)
10.1.6. Healthcare
10.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Compound Semiconductor Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.2. Market Revenue and Forecast, by Type (2016-2027)
11.1.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.1.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.1.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.1.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.2.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.2.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.2.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.2.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.2.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.3.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.3.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.3.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.3.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.3.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.4.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.4.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.4.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.4.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.4.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.5.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.5.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Deposition Technology (2016-2027)
11.5.6.4. Market Revenue and Forecast, by Application (2016-2027)

Chapter 12. Company Profiles

12.1. Nichia Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Cree Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Qorvo
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Samsung Electronics
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Taiwan Semiconductor Manufacturing Company Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. STMicroelectronics NV
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. NXP Semiconductor N.V.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Texas Instruments Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Renesas Electronics Corporation
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Infineon Technologies AG
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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