Compound semiconductors are the materials not available naturally and formed combining elements from at least two different groups in the periodic table, synthesized using deposition technologies. Compound semiconductors have unique properties such as high band gap, enhanced frequency handling feature, high operational temperatures, along with high current and voltage holding requirements apart from ability to generate microwave signals. These properties make them uniquely different from other elemental semiconductors such as Si and Ge, offering a host of advantages in industrial applications.
The widespread applications of Gallium Nitride and GaN electronics and the demand of different automotive electronics in APAC region are key drivers for the growth of the market. The demand for optoelectronics devices and wireless communication technologies along with the rise of photovoltaics in APAC region is a key factor boosting the growth of the market. The evolution of GaAs compliant technology & products in Japan is a major factor driving the growth of the market. The increasing volumes of data transactions lead to increasing demand of compound semiconductors in the communication segment, which is a key factor driving the growth of the market. The concerns for compatibility issues related to the high-end materials like silicon is a key restraining factor hampering the growth of the market. The deployment of GaN in smart grid and the constraints faced by silicon semiconductors are the factors that will provide ample growth opportunities to the market. Making improvements in quality and ascertaining consistency of products are the winning imperatives used by key market players to gain a stronghold in the market.
The report segments the market on the basis of material types, deposition technology, application and geography. On the basis of material types, the market is segmented into III-V compound semiconductors market, II-VI compound semiconductors market, sapphire, IV-IV compound semiconductors market and other. The III-V compound semiconductors market is further segmented into Gallium Nitride (GAN), Gallium Phosphide (GAP), Gallium Arsenide (GAAS), Indium Phosphide (INP) and Indium Antimonide (INSB). The II-VI Compound Semiconductors Market is further segmented into Cadmium Selenide (CDSE), Cadmium Telluride (CDTE), and Zinc Selenide (ZNSE). IV-IV compound semiconductors market is further segmented into Silicon Carbide (SIC) and Silicon Germanium (SIGE). Other compound semiconductors market segments on the basis of types include Aluminum Gallium Arsenide (ALGAAS), Aluminum Indium Arsenide (ALINAS), Aluminum Gallium Nitride (ALGAN), Aluminum Gallium Phosphide (ALGAP), Indium Gallium Nitride (INGAN), Cadmium Zinc Telluride (CDZNTE) and Mercury Cadmium Telluride (HGCDTE). On the basis of deposition technology, the market is segmented into Chemical Vapor Deposition (CVD), Molecular Beam Epitaxy (MBE), Metal Organic Molecular Beam Epitaxy (MOMBE), Hydride Vapor Phase Epitaxy (HVPE), ammonothermal, Liquid Phase Epitaxy (LPE), Atomic Layer Deposition (ALD) and others. On the basis of products, the market is segmented into power semiconductor, transistors, integrated circuits (ICS). The ICS is further segmented into monolithic microwave integrated circuits (MMICS) and radio frequency integrated circuits (RFICS). On the basis of applications, the market is segmented into ICT sector, aerospace and defense applications, and industrial, power, solar, & wind applications, consumer electronics, automotive and medical. ICT SECTOR is further segmented into signal amplifiers and switching systems, satellite communication applications, radar applications and RF. aerospace and defense applications is further segmented into combat vehicles, ships & vessels and microwave radiation. Industrial, power, solar, and wind applications is further segmented into wind turbines and wind power systems. Consumer electronics is further segmented into inverters in consumer applications, LED lighting in consumer applications and switch mode consumer power supply systems. Automotive applications are further segmented into Electric Vehicles and Hybrid Electric Vehicles (HEVS), automotive braking systems, rail traction, automobile motor drives, medical applications, implantable medical devices and bio-medical electronics. On the basis of geography, the market is segmented into Americas, Europe, Asia-Pacific and Rest of the World (ROW). Americas region is further segmented into North America & South America.
Key market players profiled in the report include Cree Inc., International Quantum Epitaxy PLC, Freescale Semiconductor Inc., LM Ericsson Telefon AB and Taiwan Semiconductor Manufacturing Company Ltd., among others.
KEY BENEFITS FOR STAKEHOLDERS:
COMPOUND SEMICONDUCTORS MARKET KEYSEGMENTS:
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