Compound Semiconductor Market Research and Forecast Report 2023-2028

1. Global Compound Semiconductor Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Compound Semiconductor Market Research Report: The latest report by IMARC, titled “Compound Semiconductor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global compound semiconductor market size reached US$ 112.2 Billion in 2022. A compound semiconductor is a single-crystal semiconductor material that contains two or more elements. It is widely available as gallium arsenide (GaAs), gallium nitride (GaN), silicon carbide (SiC), and indium phosphide (InP). It is resistant to heat, can emit and sense light, operates at lower voltages, and offers better temperature performance. It assists in enabling light generation, transmission, modulation, and detection on a single chip. It aids in providing direct energy bandgap, high breakdown electric fields, and high electron mobility. Besides this, it is beneficial in generating microwaves and providing high-speed processing. As a result, the compound semiconductor is employed in the information technology (IT) and telecom, aerospace and defense, automotive, electronics, and healthcare industries across the globe. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/compound-semiconductor-

4. Report Description and Highlights Report Description Global Compound Semiconductor Market Trends: At present, the rising demand for compound semiconductors in light-emitting diode (LED) applications represents one of the key factors contributing to the growth of the market. Besides this, the growing adoption of gallium arsenide (GaAs) compound semiconductors, as they provide enhanced performance while requiring less energy and physical space, is offering a favorable market outlook. Moreover, the increasing emergence of advanced technologies, such as machine learning (ML), artificial intelligence (AI), and the Internet of Things (IoT), in high-speed semiconductor devices is bolstering the growth of the market. In line with this, rising adoption of compound semiconductors in the automotive industry to manufacture electric vehicles (EVs) are offering lucrative growth opportunities to industry investors. Apart from this, the increasing utilization of compound semiconductors in the healthcare industry for imaging and producing surgical equipment is propelling the growth of the market. In addition, the escalating demand for compound semiconductors in the military and defense industry to construct radio frequency (RF) power devices and radar systems are strengthening the growth of the market. Moreover, the rising employment of compound semiconductors in the electronic industry in information displays and optical devices is supporting the growth of the market. Furthermore, the growing usage of compound semiconductors due to the increasing adoption of wireless communication technologies are positively influencing the market. Looking forward, the market value is projected to reach US$ 150.4 Billion by 2028, expanding at a CAGR of 4.9% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Type: • III-V Compound Semiconductor • Gallium Nitride • Gallium Phosphide • Gallium Arsenide • Indium Phosphide • Indium Antimonide • II-VI Compound Semiconductor • Cadmium Selenide • Cadmium Telluride • Zinc Selenide • Sapphire • IV-IV Compound Semiconductor • Others Breakup by Product: • Power Semiconductor

6. Report Description and Highlights Report Description • Transistor • Integrated Circuits • Diodes and Rectifiers • Others Breakup by Deposition Technology: • Chemical Vapor Deposition • Molecular Beam Epitaxy • Hydride Vapor Phase Epitaxy • Ammonothermal • Atomic Layer Deposition • Others Breakup by Application: • IT and Telecom • Aerospace and Defense • Automotive • Consumer Electronics • Healthcare • Industrial and Energy and Power

7. Report Description and Highlights Report Description Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia

8. Report Description and Highlights Report Description • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

9. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • Infineon Technologies AG Microchip Technology Inc. Mitsubishi Electric Corporation NXP Semiconductors N.V. onsemi Qorvo Inc. Renesas Electronics Corporation STMicroelectronics Texas Instruments Incorporated WIN Semiconductors Corp. Wolfspeed Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/compound- semiconductor-market

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12. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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