News

20 August 2008

 

Compound semiconductor market to grow at 17.3% to $33.7bn by 2012

The compound semiconductor market was worth $16bn in 2007 and should rise at compound annual growth rate (CAGR) of 17.3% to $33.7bn in 2012, according to a new report ‘ Compound Semiconductor Materials: Technology, Developments and Markets’ from BCC Research.

The market includes wireless electronic devices, optical data storage, fiber-optic communications, illumination, solar cells, new markets, and other compound semiconductors.

Between 2007 and 2012, wireless electronic devices should grow at a CAGR of 10.8% from $5.7bn (the largest market share) to $9.6bn; illumination at a CAGR of 4.2% from $1.9bn to $2.3bn; optical data storage at a CAGR of 15.8% from $1.65bn to $3.4bn; fiber-optic communications at a CAGR of 39.5% from $1.15bn to $6.1bn; new markets at a CAGR of 34.8% from just under $1bn to $4bn; solar cells at a CAGR of 85% from $90m (the smallest market share) to $1.95bn; and other compound semiconductors at a CAGR of 6.7% from $4.6bn (the second largest market share) to $6.4bn.

BCC emphasizes that, although the compound semiconductor industry currently represents about 6% of the total semiconductor revenues, it is growing about 50% faster than the semiconductor industry overall, and should almost double its share of total semiconductor revenues by 2012.

Search: Wireless Illumination Optical data storage Fiber-optic communications Solar cells

Visit: www.bccresearch.com