[183 Pages Report] The Compound Semiconductor Market size was estimated at USD 98.07 billion in 2023 and expected to reach USD 105.01 billion in 2024, at a CAGR 7.23% to reach USD 159.89 billion by 2030.

Compound semiconductors are made from two or more elements and have unique properties compared to elemental semiconductors such as silicon and germanium. Compound semiconductors are used in various applications, including power electronics, optoelectronics, RF devices, and high-temperature or high-radiation environments. Rising demand and adoption of consumer electronics are resulting in an increased need for compound semiconductors. The growing electrification of electric and hybrid vehicles is expanding the usage of compound electronics. However, the high cost of raw materials and design complexity may adversely impact compound semiconductors’ use. Moreover, advancements in compound semiconductors to enhance their reliability are expected to encourage their adoption by the end-use sectors worldwide.

Regional Insights

The compound semiconductor market is evolving in the Americas due to the rapid expansion of 5G infrastructure and growing demand for consumer electronics in the region. The government initiatives to encourage the expansion of semiconductor manufacturing facilities are facilitating the usage of compound semiconductors in the Americas. The rising smartphone penetration, coupled with government support to increase the local manufacturing of consumer electronics, has raised the demand for compound semiconductors in the APAC region. The ongoing advancements and presence of a well-established manufacturing sector in the EMEA region are increasing demand for compound semiconductors. Additionally, the increasing sales and demand for electric vehicles are expected to create immense potential for using compound semiconductors worldwide.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Compound Semiconductor Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Compound Semiconductor Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Compound Semiconductor Market, highlighting leading vendors and their innovative profiles. These include ams-OSRAM AG, Applied Materials, Inc., Best Compound Semiconductor Co., Ltd., Broadcom Inc., Coherent Corp., Efficient Power Conversion Corporation, GaN Systems, Inc., Infineon Technologies AG, IQE plc, JX Metals Corporation, MACOM Technology Solutions Inc., Mitsubishi Electric Corporation, Newport Corporation by MKS Instruments, Inc., NXP Semiconductors N.V., Qorvo Inc., ROHM Co., Ltd., Samsung Electronics Co., Ltd., Shin-Etsu Chemical Co., Ltd., SICC Co., Ltd., Silicon Valley Microelectronics, Inc., Skyworks Solutions, Inc., Sumitomo Electric Group, Sumitomo Electric Industries, Ltd., Toshiba Corporation, and Wolfspeed, Inc..

Market Segmentation & Coverage

This research report categorizes the Compound Semiconductor Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Group III & Group V
      • Cadmium Slenenide
      • Cadmium Telluride
      • Zinc Selenide
    • Groups II & Group VI
      • Gallium Arsenide
      • Gallium Nitride
      • Gallium Phosphide
      • Indium Antimonide
      • Indium Phosphide
  • Deposition Technologies
    • Ammonothermal
    • Atomic Layer Deposition (ALD)
    • Chemical Vapor Deposition (CVD)
    • Hydride Vapor Phase Epitaxy (HVPE)
    • Liquid Phase Epitaxy
    • Molecular Beam Epitaxy
  • Application
    • Diodes and Rectifiers
      • Light-Emitting Diode
      • PIN Diode
      • Schokkty Diode
      • Zener Diode
    • Integrated Circuits
      • Monolithic Microwave Integrated Circuit (MMIC)
      • Radio-Frequency Integrated Circuit (RFIC)
    • Light-Emitting Diode (LED)
    • Module
    • Optoelectronics
    • RF Devices
      • RF Power
      • RF Switching
    • Transistor
      • High Electron Mobility Transistor (HEMT)
      • Metal Oxide Field-Effect Transistor (MOSFET)
  • End-Use
    • Aerospace & Defense
    • Automotive
    • Consumer Electronics
    • Energy & Power
    • Healthcare
    • Telecommunication & Information Technology

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Compound Semiconductor Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Compound Semiconductor Market?
  3. What are the technology trends and regulatory frameworks in the Compound Semiconductor Market?
  4. What is the market share of the leading vendors in the Compound Semiconductor Market?
  5. Which modes and strategic moves are suitable for entering the Compound Semiconductor Market?