10 July 2014

Compound semiconductor market to grow at CAGR of 12.63% to $104.55bn in 2020

The compound semiconductor market will increase at a compound annual growth rate (CAGR) of 12.63% from 2014 to $104.55bn in 2020, according to the new report ‘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-2013-2020’ from MarketsandMarkets.

In the 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 such as chemical vapor deposition (CVD), molecular beam epitaxy (MBE), hydride vapor phase epitaxy (HVPE), ammonothermal, metal-organic vapor phase epitaxy (MOVPE), liquid phase epitaxy (LPE) and atomic layer deposition (ALD).

The device types covered include high-speed and high-power devices, and LEDs, lasers, and sensors (IR-visible-UV). Applications sectors discussed in the report include information and communication technology, aerospace and defense, industrial, power, solar and wind, consumer electronics, automotive, and medical. Market growth is being driven by optical devices, photovoltaic cells and modules, and wireless communication products, notes the report.

Of the four major geographic segments (the Americas, Europe, Asia-Pacific, and Rest of the World), APAC is considered to be the market leader in the overall compound semiconductor market.

Visit: www.marketsandmarkets.com/Market-Reports/compound-semiconductor