https://www.acumenresearchandconsulting.com/
Home Services Industry Services Press Releases About Us Blogs Report Store Contact us

Compound Semiconductor Market (By Type: III-V Compound Semiconductors, II-VI Compound Semiconductors, IV-IV Compound Semiconductors, Sapphire, and Others; By Deposition Technology: Molecular Beam Epitaxy (MBE), Chemical Vapor Deposition (CVD), Ammonothermal, Hydride Vapor Phase Epitaxy (HVPE), Atomic Layer Deposition (ALD), Liquid Phase Epitaxy (LPE), and Others; By Product: Transistors, Integrated Circuits (ICs), Power Semiconductor, Diodes & Rectifiers, and Others; B Application: Automotive, Industrial and Energy & Power, IT & Telecom, Consumer Electronics, Aerospace & Defence, and Healthcare) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

Published : Aug 2019

Report ID: ARC1571

Pages : 190

Format : Compound Semiconductor Market (By Type: III-V Compound Semiconductors, II-VI Compound Semiconductors, IV-IV Compound Semiconductors, Sapphire, and Others; By Deposition Technology: Molecular Beam Epitaxy (MBE), Chemical Vapor Deposition (CVD), Ammonothermal, Hydride Vapor Phase Epitaxy (HVPE), Atomic Layer Deposition (ALD), Liquid Phase Epitaxy (LPE), and Others; By Product: Transistors, Integrated Circuits (ICs), Power Semiconductor, Diodes & Rectifiers, and Others; B Application: Automotive, Industrial and Energy & Power, IT & Telecom, Consumer Electronics, Aerospace & Defence, and Healthcare) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global compound semiconductor market size is expected to reach USD 55 billion by 2026, at a significant growth rate of 7.1% during the forecasted period 2019 to 2026.

The compound semiconductor is comprises of two or more elements. The compound semiconductor is manufactured using various type of deposition technologies such as atomic layer deposition, chemical vapour deposition among others. They possess wide range of properties such as high band gap and temperature resistance, fast operation, better frequency and optoelectronic features. These benefits are expected to boost the growth of compound semiconductor market over the forecast period as well. Many manufacturers in the compound semiconductor market are focusing on developing customized products for specific applications that are affordable. The compound semiconductor has the ability to consume less power and has high electron mobility, which is also anticipated to boost its demand.

Increasing government support and increase in government and stakeholder funding has led to increase in demand for compound semiconductor systems. In addition to this, the adoption of compound semiconductors in various applications specifically in Led has led to augment in demand for compound semiconductor systems which in turn has driven the compound semiconductor market. In the past few years, there has been a significant increase in adoption of smartphones. This in turn has led to rapid growth in the compound semiconductor market. However, the use of the compound semiconductor has compatibility issues as compared to materials such as silicon. This has proven to be a major restraint for the growth of compound semiconductor market. High fabrication cost is also anticipated to hamper the growth of compound semiconductor market over the forecast period. Increasing awareness pertaining to benefits of using compound semiconductor can bring in new opportunities for the major players in compound semiconductor market.Compound semiconductors have a large application base such as automotive, telecom and energy and power. Growth in these markets is also anticipated to bring in new opportunities in compound semiconductor market. In addition to this, use of compound semiconductors in aerospace, military and defense is also expected to be major opportunity in this market.

Many players have adopted different strategy for the development of the compound semiconductor market. Increasing stakeholders funding is projected to drive the market. For instance, in August 2018, in South wales, the compound semiconductor catapult received a funding of £51.3 million.

The market research study on “Compound semiconductor market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global compound semiconductor market. The report also analyzes the key players operating in compound semiconductor market and identifies the key strategies deployed by them along with the market share of leading players.

The global compound semiconductor market is segmented as below:

Compound Semiconductor Market by Type

  • III-V Compound Semiconductors
  • II-VI Compound Semiconductors
  • IV-IV Compound Semiconductors
  • Sapphire
  • Others

Compound Semiconductor Market by Deposition Technology

  • Molecular Beam Epitaxy (MBE)
  • Chemical Vapor Deposition (CVD)
  • Ammonothermal, Hydride Vapor Phase Epitaxy (HVPE)
  • Atomic Layer Deposition (ALD)
  • Liquid Phase Epitaxy (LPE)
  • Others

Compound Semiconductor Market by Product

  • Transistors
  • Integrated Circuits (ICs)
  • Power Semiconductor
  • Diodes & Rectifiers
  • Others

Compound Semiconductor Market by Application

  • Automotive
  • Industrial and Energy & Power
  • IT & Telecom
  • Consumer Electronics
  • Aerospace & Defense
  • Healthcare

Compound Semiconductor Market by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Sweden
    • Norway
    • Denmark
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Singapore
    • India
    • Rest of Asia-Pacific
  • Rest of the World
    • UAE
    • Qatar
    • Saudi Arabia
    • South Africa
    • Rest of the World

The global compound semiconductor market is segmented by type, deposition technology, product, application and region.

On the basis of type, the market is segmented into type (III-V compound semiconductors, II-VI compound semiconductors, IV-IV compound semiconductors, Sapphire, and Others. The IV-IV compound semiconductors are accounted for major share in the compound semiconductor market.

Based on deposition technology, the market is segmented into molecular Beam Epitaxy (MBE), Chemical Vapor Deposition (CVD), Ammonothermal, Hydride Vapor Phase Epitaxy (HVPE), Atomic Layer Deposition (ALD), Liquid Phase Epitaxy (LPE), and others. The CVD segment dominated the global compound semiconductor market. This was mainly attributed to its increased use in consumer electronics, automotive, healthcare among others.

On the basis of products, the global compound semiconductor market is segmented into transistors. Integrated Circuits (ICs), Power Semiconductor, Diodes & rectifiers and others. The power semiconductor segment accounted for larger share in the global compound semiconductor market and is anticipated to hold the major share over the forecast period.

On the basis of application, the market is segmented into automotive, industrial and energy & power, IT & telecom, consumer electronics, aerospace & defense and healthcare. Consumer electronics holds the major share in the global compound semiconductor market and is anticipated to witness the fastest growth till the end of forecast period. In addition to this, the automotive, aerospace and defense is also projected to exhibit the fastest growth over the forecast period.

Regional Segment

Geographically, compound semiconductor market is segmented into North America, Europe, Asia Pacific, Latin America and The Middle East & Africa (LAMEA).

Asia Pacific is one of the leading markets in the global compound semiconductor market across the globe. The major players operating in compound semiconductor market have dominated presence in Asia Pacific region. China and Japan are some of the leading countries in the use of LEDs. Asia Pacific is also anticipated to witness the fastest growth over the forecast period. Countries such as China, South Korea and Japan are also expected to gain major share due to adoption of 5G technology.

North America is also expected to be one of the prominent region in the global compound semiconductor market over the forecast period. Increasing government support and growing expenditure on R&D are projected to drive the compound semiconductor market. France and Germany are the largest contributors to Europe market growth owing to increasing investments in these markets.One of the major reasons for the growth in the market size is the rapid adoption of innovation and technologies in these countries.

However, Latin American and the Middle Eastern countries including Saudi Arabia, United Arab Emirates (UAE), and Kuwait are projected to drive the LAMEA market. On the other hand, Africa is estimated to witness moderate growth in the compound semiconductor market.

Some of the key players in the global compound semiconductor market include Samsung Electronics, Nichia, OSRAM, Cree, Skyworks, GaN, Mitsubishi Electric, ON Semiconductor, Broadcom, and Qurvo. Mergers and acquisitions and product launches are expected to be some of the major strategies adopted by these companies in order to gain larger market shares in compound semiconductor market. For instance, Nichia launched colortunable Chip-on-Board (COB) series general lighting LEDs—NJCWL024Z-V1MT and NVCWJ024Z-V1MT.

Frequently Asked Questions

How much is the compound semiconductor market size?

Report by Acumen Research and Consulting, the global compound semiconductor market size is expected to reach USD 55 billion by 2026.

What is the CAGR of compound semiconductor market?

The global compound semiconductor market is anticipated to grow at a significant growth rate of 7.1% during the forecasted period 2019 to 2026.

Which deposition technology segment dominated the compound semiconductor market?

The Chemical Vapor Deposition (CVD) segment dominated the global compound semiconductor market.

On the basis of products, which segment hit largest share in the global compound semiconductor market?

The power semiconductor segment accounted for larger share in the global compound semiconductor market and is anticipated to hold the major share over the forecast period.

On the basis of application which segment hit major share in the global compound semiconductor market?

Consumer electronics holds the major share in the global compound semiconductor market.

Which region held the maximum share of the compound semiconductor market?

Asia Pacific is one of the leading markets in the compound semiconductor market across the globe.

Who are the key players operating in the global compound semiconductor market?

The key players operating in the global compound semiconductor market include Samsung Electronics, Nichia, OSRAM, Cree, Skyworks, GaN, Mitsubishi Electric, ON Semiconductor, Broadcom, and Qurvo.

Select Licence Type

Single User

US$ 4500

Multi User

US$ 7000

Excel Datapack

US$ 2000

Why Acumen Research And Consulting

100%

Customer Satisfaction

24x7

Availability - we are always there when you need us

200+

Fortune 50 Companies trust Acumen Research and Consulting

80%

of our reports are exclusive and first in the industry

100%

more data and analysis

1000+

reports published till date