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Compound Semiconductor Market 2021: Growth Drivers, Key Expansion Strategies, Upcoming Trends and Regional Forecast by 2025
Latest released, the research study on Global Compound Semiconductor Market Report Forecast 2021 - 2025, offers a detailed overview of the factors influencing the global business scope. Compound Semiconductor Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Compound Semiconductor. The study covers emerging player's data, including: competitive landscape, sales, revenue and global market share of top manufacturers are: Broadcom, Skyworks Solutions, Cree, Qorvo, Analog Devices, OSRAM, GaN Systems, Skyworks Solution and Infineon Technologies.The compound semiconductor market is expected to register a CAGR of 5% over the forecast period 2021-2026.
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Covid-19 Impact and Recovery Analysis:
The global Compound Semiconductor market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.
Industry News and Updates:
February 2020 - Skyworks introduced two new front-end modules, SKY85333-11 (2.4 GHz) and SKY85747-11 (5 GHz) in its portfolio of solutions designed for high-power Wi-Fi 6 (802.11ax) applications and systems. These highly integrated FEMs incorporate switching, low-noise amplifier (LNA) with bypass and power amplifier (PA) for devices such as networking and WLAN-enabled wireless video streaming systems. They support leading reference designs based on the Qualcomm (QCA) Hawkeye family.
February 2020 - Analog Devices and Marvell had signed a technology collaboration to leverage Marvells industry-leading 5G digital platform and ADIs world-class wideband RF transceiver technology to deliver fully optimized solutions for 5G base stations. As part of the collaboration, the companies will offer fully integrated 5G digital front-end (DFE) ASIC solutions with tightly coupled RF transceivers and will collaborate to develop next generation Radio Unit (RU) solutions including baseband and RF technology optimized for a diverse set of functional splits and architectures.
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Asia Pacific to Witness Significant Growth
Asia-Pacific is expected to dominate the compound semiconductor market during the forecast period as the majority of market vendors are based out of South Korea, China, and Taiwan. Also, the region has a large number of raw material suppliers in addition to low labor costs.
- Radar, electronic warfare (EW), and communication systems are increasingly leveraging gallium nitride (GaN) technology in the defense sector to meet stringent high-performance, high-power, and long-life cycle demands and thus replacing laterally diffused MOSFET (LDMOS) components. For instance, China has replaced the Travelling Wave Tubes (TWT) with smaller solid-state systems as it delivers higher performance and scalability in the radar systems.
- Moreover, the Asian countries are spending enormously on the defense sector to upgrade their equipment with advanced and efficient technology. For instance, Chinas proposed budget for 2020 totals USD 718 billion, the largest annual amount requested over the five-year period and is slightly lesser than that of the United States (USD 750 billion).
- The increase in industrial automation has gained the adoption of computer and machines for the effective and efficient control of systems. Compound semiconductor devices play a key role to ensure efficient power consumption within the reduced size of application since they can withstand elevated temperatures and voltages, also making them an ideal component. As per International Federation of Robotics 2019 report, Asia recorded maximum number of annual installations of industrial robots. China, Japan and Republic of Korea accounted 39,351, 17,364 and 11,034 units respectively and almost 80% of the total industrial robot installations were in automotive sector.
Influence of the Compound Semiconductor Market report:
-Comprehensive assessment of all opportunities and risks in the Compound Semiconductor Market.
-Compound Semiconductor Market recent innovations and major events.
-A Detailed study of business strategies for the growth of the Compound Semiconductor Market-leading players.
-Conclusive study about the growth plot of Compound Semiconductor Market for forthcoming years.
-In-depth understanding of Compound Semiconductor Market -particular drivers, constraints and major micro markets.
Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Compound Semiconductor market?
- What are the key concerns of the five forces analysis of the Global Compound Semiconductor market?
- What are different prospects and threats faced by the dealers in the Global Compound Semiconductor market?
- What are the strengths and weaknesses of the key vendors?
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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