Compound Semiconductor Market Is Expected to Grow at a CAGR of 12.63% from 2014 to 2020

[342 Pages Report] Compound Semiconductor Market report categorizes global 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.


Dallas, TX -- (SBWIRE) -- 10/21/2014 -- The market research report onthe “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.

Browse 121 market data tables and 88 figures spread through 342 pages and in-depth TOC on “Compound Semiconductor Market worth $104.55 Billion by 2020”

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The major players in this compound semiconductor market include Cree Inc. (U.S.), International Quantum Epitaxy PLC (U.K.), Freescale Semiconductor Inc. (U.S.), LM Ericsson Telefon AB (Sweden), and Taiwan Semiconductor Manufacturing Company Ltd. (Taiwan). Several other acquisitions, mergers, new product launches, and agreements, which have taken place recently, are also discussed in the report. Following is the detailed explanation of each segment:

The market has been emerging while competing with the elemental semiconductors industry. It serves various industrial verticals in terms of the operational excellence. The demand for next generation high power devices, advanced optoelectronic products, wireless infrastructure, as well as mobile devices has led to the increase in the usage of the compound semiconductor wafers. Due to its unique properties such as high electron mobility, low power consumption, high levels of resistance for ionizing radiation, and wide temperature limits possessed by compound semiconductor materials the market is expected to experience a drastic growth in the coming years.

Extensive research and developments are being carried out in the field of compound semiconductors in order to provide materials with faster circuits and, thereby, highly efficient power-electronics and opto-electronics products.

Geographically, compound semiconductor market is majorly covered by the Americas, APAC, and Europe. The APAC market accounts for the highest market and is followed by the Americas market, which is then followed by Europe. ROW covers a small market share at present; however, it is expected to grow in the next five to seven years due to the increasing rate of high power devices, products. Hence, the subsequent need of compound semiconductor will rise, globally.

The key drivers forthe compound semiconductor ecosystem are: higher data consumption levels and the huge market for the optoelectronic products that are based on compound semiconductors. The market, in spite of its exceptional demand, still has some restraints in terms of its market growth. The key market restraints can be classified as: high level of new entrants due to the market and technology attractiveness and, therefore, the high degree of competition and also the compatibility issues with the high-end materials. The bulk growth processes of the compound semiconductors need to be better understood and controlled, which would be a burning issue for the market in the days to come, while improved quality and consistency of productsare expected tobe the winning imperatives for the market.

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The report majorly profiles the companies and research institutes active in this field. This report provides the competitive landscape of the key players that includes the main growth strategies of these players. This report focuses on giving a detail view of the complete compound semiconductor industry with regards to the different applications as well as the geography market. The compound semiconductor application market is rapidly penetrating the medical sector as well. The compound semiconductor market by application is estimated to reach up to $104.55 billion in 2020 at a CAGR of 12.63% from 2014 to 2020.

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