openPR Logo
Press release

At 11.3% CAGR, Compound Semiconductor Market Anticipated to Garner $142.59 Billion By 2023 | Factors that Propels the Market Growth

03-26-2020 04:57 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Compound Semiconductor Market

Compound Semiconductor Market

According to a report published by Allied Market Research, titled, "Compound Semiconductor Market by Type (III-V Compound Semiconductors, II-VI Compound Semiconductors, Sapphire, IV-IV Compound Semiconductors, and Others), Deposition Technology (Chemical Vapor Deposition (CVD), Molecular Beam Epitaxy (MBE), Hydride Vapor Phase Epitaxy (HVPE), Ammonothermal, Liquid Phase Epitaxy (LPE), Atomic Layer Deposition (ALD), and Others), Product (Power Semiconductor, Transistors, Integrated Circuits (ICs), Diodes & Rectifiers, and Others), and Application (IT & Telecom, Industrial and Energy & Power, Aerospace & Defense, Automotive, Consumer Electronics, and Healthcare) - Global Opportunity Analysis and Industry Forecast, 2017-2023", the Global Compound Semiconductor Market accounted for $66,623 million in 2016, and is expected to reach $142,586 million by 2023, growing at a CAGR of 11.3% from 2017 to 2023. In 2016, Asia-Pacific dominated the global market, in terms of revenue, accounting for more than 50% share of the global market, followed by North America.

Access Full Summary @ https://www.alliedmarketresearch.com/compound-smiconductor-market

Compound semiconductor materials have received remarkable attention over the last decade due to their huge potential for application in electronic, optoelectronic, and photonic devices. These are increasingly used as light emitting diodes & lasers, infrared detectors, modulators, high mobility transistors, field effect transistors, and power amplifiers.

The IT & telecom segment is anticipated to maintain its dominance in the application segment. However, growth in the consumer electronic industry and rise in investment in aerospace & defense industry boost the global market growth in these segments. There has been significant growth in the compound semiconductor market, owing to the wide range of end-user industries and their applications.

Download Sample Report (Get Full Insights in PDF - 309 Pages) @ https://www.alliedmarketresearch.com/request-sample/1006

The IV-IV compound semiconductor segment contributed the highest revenue share in the market in 2016, owing to low-cost, advanced devices with low-power dissipation, and high output. However, the sapphire segment is anticipated to grow at the highest rate, in terms of revenue, in the near future.

Asia-Pacific is expected to maintain its dominance in the global compound semiconductor market throughout the forecast period, owing to the presence of key companies in the region. Moreover, Asia-Pacific is anticipated to grow at the highest CAGR, owing to the presence of several emerging nations with high share in the consumer electronics market and well-established semiconductor industry.

Get Up to 30% Discount - Hurry Up!
Make Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/1006

Key Findings of the Compound Semiconductor Market Study:
1. In 2016, the IV- IV compound semiconductors segment dominated the global market, in terms of revenue, and is projected to grow at a CAGR of 10.7% during the forecast period.
2. The molecular beam epitaxy (MBE) deposition technology segment is estimated to grow at a CAGR of 12.4%.
3. The industrial, energy & power segment is expected to exhibit the highest CAGR during the forecast period.

Major players, such as Cree Inc., International Quantum Epitaxy PLC., Freescale Semiconductor Inc., LM Ericsson Telefon AB, Taiwan Semiconductor Manufacturing Company Ltd., Renesas Electronics Corporation, Texas Instruments, Inc., STMicroelectronics NV, Infineon Technologies AG, and Toshiba Corporation, have adopted new technology launch as their key strategy to expand their market foothold.

Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Compound Semiconductor Market, By Type
Chapter 5: Compound Semiconductor Market, By Deposition Technology
Chapter 6: Compound Semiconductor Market, By Product
Chapter 7: Compound Semiconductor Market, By Application
Chapter 8: Compound Semiconductor Market, By Geography
Chapter 9: Company Profile

Buy Now @ https://www.alliedmarketresearch.com/checkout-final/cf79b763e8ac68e814564ba98de64269

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release At 11.3% CAGR, Compound Semiconductor Market Anticipated to Garner $142.59 Billion By 2023 | Factors that Propels the Market Growth here

News-ID: 1986594 • Views: 149

More Releases from Allied Market Research

Smart Inhalers Market is Like to Touch $1,406 Million by 2026
Smart Inhalers Market size was valued to be at $34 million in 2018 and is expected to increase during the forecast period to be at $1,406 million by 2026, registering a CAGR of 58.4% from 2019 to 2026. The inhalers segment accounted for more than half of the total market share in 2018. Smart inhalers are the small inhaler devices used for delivering several inhaled medications such as anticholinergics, glucocorticoids, and
Surgical Sutures Market On Position to Reach $5,255 Million by 2022
Surgical Sutures Market size accounted for $3,360 million in 2015, and is expected to reach $5,255 million by 2022, growing at a CAGR of 6.4% from 2016 to 2022. The sutures segment dominated the market in 2015 with more than four-fifths share. Click Here To Access Free Sample Report: https://www.alliedmarketresearch.com/request-sample/1642 Global escalation in the number of hospitals, surge in the adoption of technologically advanced products, and increase in number of surgeries due
Internet of Things in Healthcare Market Like to Cross $332 Billion by 2027
The global internet of things in healthcare market was valued at $113.751 billion in 2019 and is expected to reach $332.672 billion by 2027, registering a CAGR of 13.20% from 2020 to 2027. The internet of things (IoT) is described as a network of physical devices that uses connectivity to enable the exchange of data. The internet of things in healthcare market is gaining popularity in the recent years owing
Breast Imaging Technologies Market Is Expected to Reach $4,502 Million by 2022
Breast Imaging Technologies Market Report, published by Allied Market Research, forecasts that the global breast imaging technologies market is expected to garner $4,502 million by 2022, registering a CAGR of 8.4% during the period 2016-2022.North America and Europe together accounted for over three-fourths market share in 2015. Ionizing breast imaging technology is expected to maintain its lead throughout the forecast period. The market is expected to be driven by the rise

All 5 Releases


More Releases for Semiconductor

Bipolar Discrete Semiconductor Market
New York - “Global Bipolar Discrete Semiconductor Market” the new research report adds in Data Bridge Market Research’s reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, COVID-19 impacts and supports with tables and figures. The Bipolar Discrete Semiconductor report acts as a thorough synopsis on the study, analysis and estimation of the market and how it is
Semiconductor Bare Die Market forecasters 2022 Industry Overview by Infineon Tec …
Global Semiconductor Bare Die Market research report is added by Market Study report by covering all major market aspects. The report also touches the key scenarios like top players, competition, types, applications, regions, recent developments and future market predictions. The prime objective of Semiconductor Bare Die Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the
Semiconductor Curve Tracer Market - Evaluation and Testing of Semiconductor Comp …
A semiconductor curve tracer is a specialized test equipment which analyzes the physiognomies of separate semiconductor devices such as transistors, thyristors, and diodes. The device is fashioned on the basis of an oscilloscope. It has voltage as well as current sources that are used to fuel the DUT or device under test. The function of this device is to apply a swept voltage (varying with time) to two ends of
Semiconductor Curve Tracer Market - Evaluation and Testing of Semiconductor Comp …
A semiconductor curve tracer is a specialized test equipment which analyzes the physiognomies of separate semiconductor devices such as transistors, thyristors, and diodes. The device is fashioned on the basis of an oscilloscope. It has voltage as well as current sources that are used to fuel the DUT or device under test. The function of this device is to apply a swept voltage (varying with time) to two ends of
Global Silicon Carbide for Semiconductor Market - Toshiba, United Silicon Carbid …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Silicon Carbide for Semiconductor market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are
Global Semiconductor Foundry Market 2016: Focuses on top players GlobalFoundries …
The Semiconductor Foundry research report by QY Research represents an inclusive evaluation of the Global Semiconductor Foundry Market and comprises considerable insights, historical data, facts, and statistical and industry-validated data of the global market. Additionally, it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions. The research report highlights informative data and in-depth analysis of Semiconductor Foundry market and its corresponding segments