Global Compound Semiconductor Market Growth Analysis in Semiconductors Industry | Discover Company Insights in Technavio

NEW YORK, July 23, 2021 /PRNewswire/ — The global compound semiconductor market is expected to grow by USD 11.53 billion, progressing a CAGR of 6.33% during 2021-2025, according to Technavio’s latest market report. Based on our research, the Semiconductors sector witnessed a Mixed impact due to the widespread growth of the COVID-19 pandemic. The report also throws light on the pre- and post-impact of COVID-19 on businesses.

Download a Sample Report Covering COVID-19 Impact

The compound semiconductor market share growth by the consumer electronics segment has been significant. 

72% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for compound semiconductors in APAC. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rising adoption of smartphones has been identified as one of the chief factors that will drive the compound semiconductor market growth in APAC over the forecast period. 

Compound Semiconductor Market: Major Growth Drivers
The compound semiconductor market reports the following factors as major growth drivers during the forecast period:

  • Increasing demand for enhanced power density
  • Rising adoption of smartphones
  • Growing demand for wide-bandgap power devices

The report will help businesses to build resilience by making effective resource and investment choices.

Download a Free Sample Report Now!

Compound Semiconductor Market: Key Vendor Offerings

Broadcom Inc.
Broadcom Inc. operates its business under segments- Semiconductor solutions and Infrastructure software. The company offers Gallium Arsenide (GaAs) lasers and photo detectors for optical communication systems and it is the lead supplier of 4-, 10- and 12-channel VCSEL and PIN arrays.

Cree Inc.
Cree Inc. operates its business under segments- Wolfspeed and LED Product. The company offers GaN, AlxGa1-xN and Al1-y InyN epitaxial layers on SiC substrates. The company is driving innovation with the industrys broadest range of SiC and GaN materials.

Infineon Technologies AG
Infineon Technologies AG operates its business under segments- Automotive, Industrial Power Control, Power and Sensor Systems, Connected Secure Systems, and Other. The company offers n-channel and p-channel power MOSFETs which are designed in a unique way to bring more efficiency, power density and cost-effectiveness.

Reasons to Buy Compound Semiconductor Market Report:

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist compound semiconductor market growth during the next five years
  • Estimation of the compound semiconductor market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the compound semiconductor market across APAC, North America, Europe, South America, and MEA
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of compound semiconductor market vendors

This report can be personalized according to your business needs.

Enquire Before Purchasing

Related Reports on Information Technology Include:
Carbon Nanotube Market by Product, Application, and Geography – Forecast and Analysis 2021-2025: The carbon nanotube market size will grow up to USD 6.51 billion at a CAGR of 25.11% during 2021-2025.
Download Exclusive Free Sample Report

Application Specific IC Market by Product, Type, and Geography – Forecast and Analysis 2021-2025: The application specific IC (ASIC) market value is projected to grow by USD 9.15 billion at a CAGR of 8.32% during 2021-2025.
Download Exclusive Free Sample Report

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: https://www.technavio.com/talk-to-us?report=IRTNTR44692

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/global-compound-semiconductor-market-growth-analysis-in-semiconductors-industry–discover-company-insights-in-technavio-301339338.html

SOURCE Technavio

Global Compound Semiconductor Market Growth Analysis in Semiconductors Industry | Discover Company Insights in Technavio WeeklyReviewer

PR Newswire Technology News

Earnings Disclosure

WeeklyReviewer earns primarily through affiliates and ads. We don’t encourage anyone to click on ads for any other purpose but your own. We recommend products and services often for our readers, and through many we will earn commissions through affiliate programs.

WeeklyReviewer earns commissions through affiliates of qualifying products through Amazon Associates, Fiverr Affiliates, Hostgator Affiliates, Namecheap Affiliates, NordVPN Affiliates, Semrush Affiliates, Alibaba Affiliates, Clickfunnels Affiliate, Leadpages Affiliates, Cryptohopper Affiliates, Binance Affiliates and more.

Clicking on links in WeeklyReviewer may or may not provide us commission through any qualifying purchases.

Avatar of World Reviewer Staff
World Reviewer Staffhttps://weeklyreviewer.com/
The first logical thought has to be "no way". I'm the World Observer! Ill find and share important news all day.

Latest articles

Related articles

WeeklyReviewer