Compound Semiconductor Market worth $104.55 Billion by 2020, According to a New Study on ASDReports

Wednesday 10 September 2014, Amsterdam

According to a new market research report, now available on ASDReports, “Compound Semiconductor Market by Type (III-V, II-VI, IV-IV, Sapphire), Deposition Technology (CVD, MBE, HVPE, Ammonothermal, MOVPE, LPE, ALD), Product (Power, Opto - Electronic), Application, and Geography - Global Trends & Forecasts to 2013 - 2020” the market is expected to grow at a CAGR of 12.63% from 2014 to 2020, and reach $104.55 billion in 2020.

The compound semiconductors comprise a wide range of materials used in a variety of semiconductor devices and components. The compound semiconductors are unique in a way and therefore are used widely in power as well as opto-electronic devices and products demanding higher performance. They offer a variety of beneficial features including direct gap, wide range of band gaps, higher electron mobility, and low power consumption. Due to such unique properties, they find wide applications in Light Emitting Diodes (LEDs); high speed, high power devices; lasers, sensors, and IR-visible-UVs. The compound semiconductors have a wide scope in the fast developing world of science, technology, and applications. Therefore, the demand for compound semiconductor materials and related devices has been increasing in a drastic way, thereby, giving an exponential growth to the compound semiconductor industry. This report covers the ‘Global Compound Semiconductor market’ and all its market aspects such as future opportunities, drivers and restraints in detail.

The compound semiconductor market is a growing market, which includes major types of materials such as III-V, II-VI, IV-IV groups of compound semiconductors, and sapphire. In this report, the overall compound semiconductor market is segmented into five major segments- compound semiconductor types, deposition technology, products, application, and geography. Deposition technologies include technologies like Chemical Vapor Deposition (CVD), Molecular Beam Epitaxy (MBE), Hydride Vapour Phase Epitaxy (HVPE), ammonothermal, Metal-Organic Vapour Phase Epitaxy (MOVPE), Liquid Phase Epitaxy (LPE), and Atomic Layer Deposition (ALD);and the applications of compound semiconductors in sectors like information and communication technology, aerospace and defense, industrial, power, solar and wind, consumer electronics, automotive, and medical have also been discussed in detail in this report.

Geographical split of the compound semiconductor market is included in the report. The overall market is divided into four major geographic segments- The Americas, Europe, Asia-Pacific, and Rest of the World. The APAC is considered to be the market leader in the overall compound semiconductor market.

The major players in this compound semiconductor market are: Cree Inc. (U.S.), International Quantum Epitaxy PLC (U.K.), Free scale Semiconductor Inc. (U.S.),LM Ericsson Telefon AB (Sweden), and Taiwan Semiconductor Manufacturing Company Ltd. (Taiwan).