Compound Semiconductor Sector, Global, 2024-2028

Description

Rapid Electrification Across Industries, the AI Boom, and Advances in Next-gen Communication Networks Driving Transformational Growth

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

Product Code: KAA8-26

Growth Environment: Transformation in Compound Semiconductors

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Compound Semiconductors Industry

Growth Environment: Compound Semiconductor Ecosystem

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

Companies to Action (C2A): Compound Semiconductors

Competitive Environment
Key Competitors

Growth Generator: Compound Semiconductors

Growth Metrics
Growth Drivers
Growth Driver Analysis
Stringent Vehicular Emission Regulations Driving Electric Mobility
Growth Restraints
Growth Restraint Analysis
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
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
Revenue Share
Revenue Share by Key Material
Revenue Share Analysis

Growth Generator: Consumer Electronics

Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis

Growth Generator: Industrial

Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis

Growth Generator: Automotive

Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis

Growth Generator: Energy & Utility

Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis
SiC-based Semiconductors-Aiding the Green Hydrogen Economy

Growth Generator: Communication & IT

Growth Metrics
Revenue Forecast
Revenue Forecast by Material
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis
RF Semiconductors in 6G-GaN and InP Gaining R&D Traction for Applications in Next-generation Wireless Technology

Sustainability and Compound Semiconductors

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
UN Sustainable Development Goals
Sustainability Initiatives of Notable Compound Semiconductor Companies

Growth Opportunity Universe in Compound Semiconductors

Growth Opportunity 1: Fablite Strategy for Streamlined Operations and Improved Margins
Growth Opportunity 2: Widespread and Revolutionary LiDAR Adoption in the Automotive Industry
Growth Opportunity 3: Data Center Capacity Expansions Owing to the AI and Cloudification Boom
Growth Opportunity 4: Advancements in the Power GaN Landscape
Growth Opportunity 5: Power Efficiency Legislation Across End-user Industries
Growth Opportunity 6: Developments in Next-generation Power Semiconductor Materials

Appendix & Next Steps

Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
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