Global Compound Semiconductor Market will drive by its ability to consume less power along with broad temperature limits and high electron mobility
The global compound semiconductor market expected to project the highest growth during the forecast period from 2020-2027. The rapid rise of industries such as artificial intelligence has made a significant positive contribution to this field. Most of the demand comes from the automotive and industrial markets, which are the fastest-growing areas. Among the seven categories of the semiconductor market-memory, logic, micro-components, analog, optoelectronics, sensors, and discrete devices-memory sales accounted for the most significant proportion.
As the penetration of electric and hybrid vehicles continues to increase, coupled with the considerable potential of the autonomous vehicle market, the automotive market will see the most significant increase. Due to the replacement of smartphones, the introduction of 5G technology, and the growth of emerging markets, the annual compound growth rate of the communications market will also increase.
Additionally, the main growth drivers come from the communications and automotive industries. It is owing to its demand for use cases such as power management, signal conversion, and automotive-specific analog applications. The use of optoelectronic chips in CMOS image sensors, automotive security, visual intelligence, and solid-state lighting LEDs is increasing, and strong growth expected in the forecast period.
Type Overview in the Global Compound Semiconductor Market
Based on Type, the global compound semiconductor market classified into GaN, GaAs, InP, SiGe, SiC, GaP. GaAs accounts for the majority share in the compound semiconductor materials. Due to its significant use in the communication field and has higher power and higher frequency performance and is mainly used in the military field. Moreover, SiC is primarily used as a high-power semiconductor material in automotive and industrial power electronics and has significant advantages in high-power conversion applications.
Product Overview in the Global Compound Semiconductor market
Based on the product, the global compound semiconductor market classified into LED, RF, Optoelectronics, and Power Electronics. The LED segment projected to show higher growth in the forecast period. High-brightness LEDs are conventional technology in solid-state lighting and automotive applications. Therefore, LED equipment manufacturers have set very high and strict cost and function improvement goals. Additionally, advanced power device manufacturers have also set goals for reducing development time and increasing volume production, aiming for higher product yields and lower manufacturing costs.
Application Overview in the global Compound Semiconductor Market
Based on Application, the global compound semiconductor market classified into Telecommunications, General Lighting, Military & Defense, Datacom, Automotive, and Others. The general lighting segment projected high future demand. Owing to this, the optoelectronic chip and LED lightning widely used for solid-state lighting applications for commercial and industrial applications. Similarly, the optoelectronic chip is highly in demand due to its complementary metal-oxide-semiconductor camera embedded (CMOS) Image Sensor, also used for car safety, and improves performance for visual automation. Therefore, the general lighting segment has maintained its momentum and will continue to grow in the future as well.
Region Overview in the global Compound Semiconductor Market
Based on geography, the global compound semiconductor market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific expected to increase demand in the forecast period. Due to increasing disposable income, infrastructure and growing urbanization have increased the consumption of general lighting, automation, and telecommunication sector. Therefore, the Asia Pacific region will bolster its growth in the forecast period from 2020-2027.
Global Compound Semiconductor Market: Competitive Landscape
Companies such as Nichia, Samsung Electronics, OSRAM, Qorvo and Skyworks, Cree, GaN Systems, Infineon, Mitsubishi Electric, NXP Semiconductors, ON Semiconductor, Analog Devices, Broadcom, Efficient Power Conversion Corporation, Lumentum, NeoPhotonics, San'an Optoelectronics, STMicroelectronics and others are the key players in the global compound semiconductor market.
Global Compound Semiconductor Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Supply Chain Analysis 4.2. Economic Factor Analysis 4.2.1. Drivers 4.2.2. Trends 4.2.3. Opportunities 4.2.4. Challenges 4.3. Technological Landscape 4.4. Competitors & Product Analysis 4.5. Regulatory Framework 4.6. Company market share analysis, 2019 4.7. Porter's Five forces analysis 4.8. New Investment Analysis 4.9. PESTEL Analysis 5. Global Compound Semiconductor Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. By Value (USD Million) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Type 5.2.1.1. Gallium Nitride (GaN) 5.2.1.2. Gallium Arsenide (GaAs) 5.2.1.3. Indium Phosphide (InP) 5.2.1.4. Silicon Germanium (SiGe) 5.2.1.5. Silicon Carbide (SiC) 5.2.1.6. Gallium Phosphide (GaP) 5.2.2. By Product 5.2.2.1. LED 5.2.2.2. RF 5.2.2.3. Optoelectronics 5.2.2.4. Power Electronics 5.2.3. By Application 5.2.3.1. Telecommunications 5.2.3.2. General Lighting 5.2.3.3. Military & Defence 5.2.3.4. Datacom 5.2.3.5. Automotive 5.2.3.6. Others 5.2.4. By Region 5.2.4.1. Europe 5.2.4.2. North America 5.2.4.3. Asia Pacific 5.2.4.4. South America 5.2.4.5. Middle East & Africa 6. Europe Compound Semiconductor Market Overview 6.1. Europe Compound Semiconductor Size & Forecast, 2016-2027 6.1.1. By Value (USD Million) 6.2. Europe Compound Semiconductor Market Share & Forecast, 2016-2027 6.2.1. By Type 6.2.1.1. Gallium Nitride (GaN) 6.2.1.2. Gallium Arsenide (GaAs) 6.2.1.3. Indium Phosphide (InP) 6.2.1.4. Silicon Germanium (SiGe) 6.2.1.5. Silicon Carbide (SiC) 6.2.1.6. Gallium Phosphide (GaP) 6.2.2. By Product 6.2.2.1. LED 6.2.2.2. RF 6.2.2.3. Optoelectronics 6.2.2.4. Power Electronics 6.2.3. By Application 6.2.3.1. Telecommunications 6.2.3.2. General Lighting 6.2.3.3. Military & Defence 6.2.3.4. Datacom 6.2.3.5. Automotive 6.2.3.6. Others 6.2.4. By Country 6.2.4.1. Germany 6.2.4.2. UK 6.2.4.3. France 6.2.4.4. Italy 6.2.4.5. Rest of Europe 6.2.5. Company Market Share (Top 3-5) 6.2.6. Economic Impact Study on Europe Compound Semiconductor Market 7. North America Compound Semiconductor Market Overview 7.1. North America Compound Semiconductor Market Size & Forecast, 2016-2027 7.1.1. By Value (USD Million) 7.2. North America Compound Semiconductor Market Share & Forecast, 2016-2027 7.2.1. By Type 7.2.1.1. Gallium Nitride (GaN) 7.2.1.2. Gallium Arsenide (GaAs) 7.2.1.3. Indium Phosphide (InP) 7.2.1.4. Silicon Germanium (SiGe) 7.2.1.5. Silicon Carbide (SiC) 7.2.1.6. Gallium Phosphide (GaP) 7.2.2. By Product 7.2.2.1. LED 7.2.2.2. RF 7.2.2.3. Optoelectronics 7.2.2.4. Power Electronics 7.2.3. By Application 7.2.3.1. Telecommunications 7.2.3.2. General Lighting 7.2.3.3. Military & Defence 7.2.3.4. Datacom 7.2.3.5. Automotive 7.2.3.6. Others 7.2.4. By Country 7.2.4.1. US 7.2.4.2. Canada 7.2.4.3. Mexico 7.2.5. Company Market Share (Top 3-5) 7.2.6. Economic Impact Study on North America Compound Semiconductor Market 8. Asia Pacific Compound Semiconductor Market Overview 8.1. Asia Pacific Compound Semiconductor Market Size & Forecast, 2016-2027 8.1.1. By Value (USD Million) 8.2. Asia Pacific Compound Semiconductor Market Share & Forecast, 2016-2027 8.2.1. By Type 8.2.1.1. Gallium Nitride (GaN) 8.2.1.2. Gallium Arsenide (GaAs) 8.2.1.3. Indium Phosphide (InP) 8.2.1.4. Silicon Germanium (SiGe) 8.2.1.5. Silicon Carbide (SiC) 8.2.1.6. Gallium Phosphide (GaP) 8.2.2. By Product 8.2.2.1. LED 8.2.2.2. RF 8.2.2.3. Optoelectronics 8.2.2.4. Power Electronics 8.2.3. By Application 8.2.3.1. Telecommunications 8.2.3.2. General Lighting 8.2.3.3. Military & Defence 8.2.3.4. Datacom 8.2.3.5. Automotive 8.2.3.6. Others 8.2.4. By Country 8.2.4.1. China 8.2.4.2. India 8.2.4.3. Japan 8.2.4.4. Australia 8.2.4.5. Rest of Asia Pacific 8.2.5. Company Market Share (Top 3-5) 8.2.6. Economic Impact Study on Asia Pacific Compound Semiconductor Market 9. South America Compound Semiconductor Market Overview 9.1. South America Compound Semiconductor Market Size & Forecast, 2016-2027 9.1.1. By Value (USD Million) 9.2. South America Compound Semiconductor Market Share & Forecast, 2016-2027 9.2.1. By Type 9.2.1.1. Gallium Nitride (GaN) 9.2.1.2. Gallium Arsenide (GaAs) 9.2.1.3. Indium Phosphide (InP) 9.2.1.4. Silicon Germanium (SiGe) 9.2.1.5. Silicon Carbide (SiC) 9.2.1.6. Gallium Phosphide (GaP) 9.2.2. By Product 9.2.2.1. LED 9.2.2.2. RF 9.2.2.3. Optoelectronics 9.2.2.4. Power Electronics 9.2.3. By Application 9.2.3.1. Telecommunications 9.2.3.2. General Lighting 9.2.3.3. Military & Defence 9.2.3.4. Datacom 9.2.3.5. Automotive 9.2.3.6. Others 9.2.4. By Country 9.2.4.1. Brazil 9.2.4.2. Argentina 9.2.4.3. Rest of South America 9.2.5. Company Market Share (Top 3-5) 9.2.6. Economic Impact Study on South America Compound Semiconductor Market 10. Middle East & Africa Compound Semiconductor Market Overview 10.1. Middle East & Africa Compound Semiconductor Market Size & Forecast, 2016-2027 10.1.1. By Value (USD Million) 10.2. Middle East & Africa Compound Semiconductor Market Share & Forecast, 2016-2027 10.3. By Type 10.3.1.1. Gallium Nitride (GaN) 10.3.1.2. Gallium Arsenide (GaAs) 10.3.1.3. Indium Phosphide (InP) 10.3.1.4. Silicon Germanium (SiGe) 10.3.1.5. Silicon Carbide (SiC) 10.3.1.6. Gallium Phosphide (GaP) 10.4. By Product 10.4.1.1. LED 10.4.1.2. RF 10.4.1.3. Optoelectronics 10.4.1.4. Power Electronics 10.5. By Application 10.5.1.1. Telecommunications 10.5.1.2. General Lighting 10.5.1.3. Military & Defence 10.5.1.4. Datacom 10.5.1.5. Automotive 10.5.1.6. Others 10.6. By Country 10.6.1.1. Saudi Arabia 10.6.1.2. UAE 10.6.1.3. South Africa 10.6.1.4. Rest of Middle East & Africa 10.7. Company Market Share (Top 3-5) 10.8. Economic Impact Study on Middle East & Africa Compound Semiconductor Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1. Nichia 11.7.2. Samsung Electronics 11.7.3. OSRAM 11.7.4. Qorvo and Skyworks 11.7.5. Cree 11.7.6. GaN Systems 11.7.7. Infineon 11.7.8. Mitsubishi Electric 11.7.9. NXP Semiconductors 11.7.10. ON Semiconductor 11.7.11. Analog Devices 11.7.12. Broadcom 11.7.13. Efficient Power Conversion Corporation 11.7.14. Lumentum 11.7.15. NeoPhotonics 11.7.16. San'an Optoelectronics 11.7.17. STMicroelectronics 11.7.18. 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