Compound Semiconductor Sector, Global, 2024?2028
Rapid Electrification Across Industries, the AI Boom, and Advances in Next-gen Communication Networks Driving Transformational Growth
30-Oct-2024
Global
Market Research
The global compound semiconductor market is expected to witness unprecedented growth during the next 5 years as industries seek out energy-efficient and high-performance electronics. The study focuses on materials such as gallium arsenide (GaAs), gallium nitride (GaN), indium phosphide (InP), silicon carbide (SiC), and silicon germanium (SiGe), which are gaining prominence across end-user industries because of their characteristics supporting high voltage, switching frequency, and efficiency. The report analyzes compound semiconductor growth potential in each end-user industry. As transformational megatrends such as electric mobility, 5G deployments, data center expansions, and renewable electricity gather momentum, compound semiconductors are poised to play a pivotal role in supporting these developments.
The study identifies key growth opportunities and factors that will boost or restrain market growth. With 2023 as the base year, the analysis estimates market size and growth prospects up to 2028. It follows a specific methodology encompassing discussions with senior management of the compound semiconductor ecosystem and secondary research.
Growth drivers of the compound semiconductor market include demand for high-speed data transfer and advances in future wireless communication networks, focus on green energy and energy efficiency, vehicle electrification and autonomy, and stringent government regulations and initiatives. The study identifies economic slowdown, global geopolitical chaos, and high manufacturing costs as the primary market restraints.
Key Features
It examines the market and demand patterns by:
- End user (e.g., automotive, industrial, consumer electronics, communications & IT, and energy & utility)
- Material (e.g., GaAs, GaN, SiC, SiGe, and InP)
- Product type (e.g., RF/Microwave, including sensors, photonics, lighting/display, and power electronics)
- Geography (the Americas, Europe, the Middle East, and Africa, and Asia-Pacific)
Research Highlights
In addition, the analysis covers:
- Pricing trends in the compound semiconductor market
- Opportunities in each end-user sector
- Compound semiconductor wafer size evolution
- Comparison of compound semiconductors with silicon
- Compound semiconductor manufacturing value chain
- 5-year growth outlook across end-user sectors and applications
- Top players across each material type
- Competitive analysis with the market shares of key players
- Sustainability and compound semiconductors
Author: Navdeep Saboo
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Compound Semiconductors Industry
Scope of Analysis
Segmentation by End User
Segmentation by Product
Rise of Compound Semiconductors
Compound Semiconductor Wafer Size Evolution
Key Materials Enabling the Compound Semiconductor Market
Characteristic Features of Compound Semiconductor Materials
Compound Semiconductors—The Future of High Frequency Electronics
Characteristics and Attributes of Compound Semiconductors for Wireless Networks and Communication Applications
SiC Manufacturing Value Chain
GaN Manufacturing Value Chain
GaAs and InP Manufacturing Value Chain
Notable Emerging Materials in the Compound Semiconductor Landscape
Distribution Channels
Competitive Environment
Key Competitors
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Stringent Vehicular Emission Regulations Driving Electric Mobility
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Forecast Considerations
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by End User
End User Share of Key Material Types, 2023 and 2028
Revenue Forecast by Product
Revenue Forecast by Region
Revenue Forecast Analysis
Revenue Forecast Analysis (continued)
Emerging Applications Employing CSs
Regional Analysis of the Compound Semiconductor Landscape—APAC
Regional Analysis of the Compound Semiconductor Landscape—EMEA
Regional Analysis of the Compound Semiconductor Landscape—Americas
Pricing Trends and Forecast Analysis
Pricing Trends and Forecast Analysis (continued)
Revenue Share
Revenue Share by Key Material
Revenue Share Analysis
Revenue Share Analysis (continued)
Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis
Forecast Analysis (continued)
Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis
Forecast Analysis (continued)
Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis
Forecast Analysis (continued)
Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis
Forecast Analysis (continued)
SiC-based Semiconductors—Aiding the Green Hydrogen Economy
Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis
Forecast Analysis (continued)
RF Semiconductors in 6G—GaN and InP Gaining R&D Traction for Applications in Next-generation Wireless Technology
Top 5 Trends for Sustainability and the Circular Economy
Semiconductor Ecosystem Alignment with the United Nation (UN) SDGs, Crucial to Paving the Path to Decarbonization
Semiconductor Ecosystem Alignment with the United Nation (UN) SDGs, Crucial to Paving the Path to Decarbonization (continued)
UN Sustainable Development Goals
Sustainability Initiatives of Notable Compound Semiconductor Companies
Growth Opportunity 1: Fablite Strategy for Streamlined Operations and Improved Margins
Growth Opportunity 1: Fablite Strategy for Streamlined Operations and Improved Margins (continued)
Growth Opportunity 2: Widespread and Revolutionary LiDAR Adoption in the Automotive Industry
Growth Opportunity 2: Widespread and Revolutionary LiDAR Adoption in the Automotive Industry (continued)
Growth Opportunity 3: Data Center Capacity Expansions Owing to the AI and Cloudification Boom
Growth Opportunity 3: Data Center Capacity Expansions Owing to the AI and Cloudification Boom (continued)
Growth Opportunity 4: Advancements in the Power GaN Landscape
Growth Opportunity 4: Advancements in the Power GaN Landscape (continued)
Growth Opportunity 5: Power Efficiency Legislation Across End-user Industries
Growth Opportunity 5: Power Efficiency Legislation Across End-user Industries (continued)
Growth Opportunity 6: Developments in Next-generation Power Semiconductor Materials
Growth Opportunity 6: Developments in Next-generation Power Semiconductor Materials (continued)
Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
- CSs: Wafer Size Evolution, Global, 1970s-2030s
- CSs: Characteristic Features of CS Materials Compared to Si, Global, 2023
- CSs: Performance Characteristics of CS Materials in RF and Microwave Applications, Global, 2023
- CSs: SiC Manufacturing Value Chain, Global, 2023
- CSs: GaAs and InP Manufacturing Value Chain, Global, 2023
- CSs: Distribution Channel Analysis, Global, 2023
- CSs: Growth Metrics, Global, 2023
- CSs: Growth Drivers, Global, 2024-2028
- CSs: Growth Restraints, Global, 2024-2028
- CSs: Revenue Forecast, Global, 2020‒2028
- CSs: Revenue Forecast by Material, Global, 2020‒2028
- CSs: Revenue Forecast by End User, Global, 2020‒2028
- CSs: End User Revenue Share by Ky Material Types, Global, 2023 and 2028
- CSs: Revenue Forecast by Product, Global, 2020‒2028
- CSs: Revenue Forecast by Region, Global, 2020‒2028
- CSs: GaN vs Si Cost, Global, 2019-2030
- CSs: Si vs SiC vs GaN Power Devices Wafer Cost Analysis, Global, 2023
- CSs: Revenue Share of Top Participants, Global, 2023
- CSs: Competitive Revenue Share by Key Material Types, Global, 2023
- Consumer Electronics: Growth Metrics, Global, 2023
- Consumer Electronics: Revenue Forecast, Global, 2020‒2028
- Consumer Electronics: Revenue Forecast by Material, Global, 2020‒2028
- Consumer Electronics: Revenue Forecast by Product, Global, 2020‒2028
- Consumer Electronics: Revenue Forecast by Region, Global, 2020‒2028
- CSs: Smart Home Technologies Revenue Forecast, Global, 2020-2028
- Consumer Electronics: Key Growth Areas and Growth Potential, Global, 2023-2028
- Industrial: Growth Metrics, Global, 2023
- Industrial: Revenue Forecast, Global, 2020‒2028
- Industrial: Revenue Forecast by Material, Global, 2020‒2028
- Industrial: Revenue Forecast by Product, Global, 2020-2028
- Industrial: Revenue Forecast by Region, Global, 2020‒2028
- Industrial: Key Growth Areas and Growth Potential, Global, 2023‒2028
- Automotive: Growth Metrics, Global, 2023
- Automotive: Revenue Forecast, Global, 2020‒2028
- Automotive: Revenue Forecast by Material, Global, 2020‒2028
- Automotive: Revenue Forecast by Product, Global, 2020‒2028
- Automotive: Revenue Forecast by Region, Global, 2020‒2028
- Energy & Utility: Growth Metrics, Global, 2023
- Energy & Utility: Revenue Forecast, Global, 2020‒2028
- Energy & Utility: Revenue Forecast by Material, Global, 2020‒2028
- Energy & Utility: Revenue Forecast by Product, Global, 2020‒2028
- Energy & Utility: Revenue Forecast by Region, Global, 2020‒2028
- CS: Si vs SiC in PV, Global, 2023
- Energy & Utility: Key Growth Areas and Growth Potential, Global, 2023-2028
- CS: Role of SiC in Enabling the Green Hydrogen Ecosystem, Global, 2023
- Communication & IT: Growth Metrics, Global, 2023
- Communication & IT: Revenue Forecast, Global, 2020‒2028
- Communication & IT: Revenue Forecast by Material, Global, 2020‒2028
- Communication & IT: Revenue Forecast by Product, Global, 2020‒2028
- Communication & IT: Revenue Forecast by Region, Global, 2020‒2028
- Communications & IT: Key Growth Areas and Growth Potential, Global, 2023‒2028
- RF Semiconductors in 6G: CS Patent Focus Areas across Each Material Class, Global, 2020-2022
- RF Semiconductors in 6G: CS Published Patents, Global, 2020-2022
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Key Features
It examines the market and demand patterns by:
- End user (e.g., automotive, industrial, consumer electronics, communications & IT, and energy & utility)
- Material (e.g., GaAs, GaN, SiC, SiGe, and InP)
- Product type (e.g., RF/Microwave, including sensors, photonics, lighting/display, and power electronics)
- Geography (the Americas, Europe, the Middle East, and Africa, and Asia-Pacific)
Research Highlights
In addition, the analysis covers:
- Pricing trends in the compound semiconductor market
- Opportunities in each end-user sector
- Compound semiconductor wafer size evolution
- Comparison of compound semiconductors with silicon
- Compound semiconductor manufacturing value chain
- 5-year growth outlook across end-user sectors and applications
- Top players across each material type
- Competitive analysis with the market shares of key players
- Sustainability and compound semiconductors
Author: Navdeep Saboo
Deliverable Type | Market Research |
---|---|
Author | Navdeep Saboo |
Industries | Electronics and Sensors |
No Index | No |
Is Prebook | No |
List of Charts and Figures | CSs: Wafer Size Evolution, Global, 1970s-2030s~ CSs: Characteristic Features of CS Materials Compared to Si, Global, 2023~ CSs: Performance Characteristics of CS Materials in RF and Microwave Applications, Global, 2023~ CSs: SiC Manufacturing Value Chain, Global, 2023~ CSs: GaAs and InP Manufacturing Value Chain, Global, 2023~ CSs: Distribution Channel Analysis, Global, 2023~ CSs: Growth Metrics, Global, 2023~ CSs: Growth Drivers, Global, 2024-2028~ CSs: Growth Restraints, Global, 2024-2028~ CSs: Revenue Forecast, Global, 2020‒2028~ CSs: Revenue Forecast by Material, Global, 2020‒2028~ CSs: Revenue Forecast by End User, Global, 2020‒2028~ CSs: End User Revenue Share by Ky Material Types, Global, 2023 and 2028~ CSs: Revenue Forecast by Product, Global, 2020‒2028~ CSs: Revenue Forecast by Region, Global, 2020‒2028~ CSs: GaN vs Si Cost, Global, 2019-2030~ CSs: Si vs SiC vs GaN Power Devices Wafer Cost Analysis, Global, 2023~ CSs: Revenue Share of Top Participants, Global, 2023~ CSs: Competitive Revenue Share by Key Material Types, Global, 2023~ Consumer Electronics: Growth Metrics, Global, 2023~ Consumer Electronics: Revenue Forecast, Global, 2020‒2028~ Consumer Electronics: Revenue Forecast by Material, Global, 2020‒2028~ Consumer Electronics: Revenue Forecast by Product, Global, 2020‒2028~ Consumer Electronics: Revenue Forecast by Region, Global, 2020‒2028~ CSs: Smart Home Technologies Revenue Forecast, Global, 2020-2028~ Consumer Electronics: Key Growth Areas and Growth Potential, Global, 2023-2028~ Industrial: Growth Metrics, Global, 2023~ Industrial: Revenue Forecast, Global, 2020‒2028~ Industrial: Revenue Forecast by Material, Global, 2020‒2028~ Industrial: Revenue Forecast by Product, Global, 2020-2028~ Industrial: Revenue Forecast by Region, Global, 2020‒2028~ Industrial: Key Growth Areas and Growth Potential, Global, 2023‒2028~ Automotive: Growth Metrics, Global, 2023~ Automotive: Revenue Forecast, Global, 2020‒2028~ Automotive: Revenue Forecast by Material, Global, 2020‒2028~ Automotive: Revenue Forecast by Product, Global, 2020‒2028~ Automotive: Revenue Forecast by Region, Global, 2020‒2028~ Energy & Utility: Growth Metrics, Global, 2023~ Energy & Utility: Revenue Forecast, Global, 2020‒2028~ Energy & Utility: Revenue Forecast by Material, Global, 2020‒2028~ Energy & Utility: Revenue Forecast by Product, Global, 2020‒2028~ Energy & Utility: Revenue Forecast by Region, Global, 2020‒2028~ CS: Si vs SiC in PV, Global, 2023~ Energy & Utility: Key Growth Areas and Growth Potential, Global, 2023-2028~ CS: Role of SiC in Enabling the Green Hydrogen Ecosystem, Global, 2023~ Communication & IT: Growth Metrics, Global, 2023~ Communication & IT: Revenue Forecast, Global, 2020‒2028~ Communication & IT: Revenue Forecast by Material, Global, 2020‒2028~ Communication & IT: Revenue Forecast by Product, Global, 2020‒2028~ Communication & IT: Revenue Forecast by Region, Global, 2020‒2028~ Communications & IT: Key Growth Areas and Growth Potential, Global, 2023‒2028~ RF Semiconductors in 6G: CS Patent Focus Areas across Each Material Class, Global, 2020-2022~ RF Semiconductors in 6G: CS Published Patents, Global, 2020-2022~ |
Podcast | No |
Predecessor | K9EC-01-00-00-00 |
WIP Number | KAA8-01-00-00-00 |