Compound Semiconductor Market by Type (Group III & Group V, Groups II & Group VI), Deposition Technologies (Ammonothermal, Atomic Layer Deposition (ALD), Chemical Vapor Deposition (CVD)), Application, End-Use - Global Forecast 2024-2030

[182 Pages Report] The Compound Semiconductor Market size was estimated at USD 98.07 billion in 2023 and expected to reach USD 105.01 billion in 2024, at a CAGR 7.23% to reach USD 159.89 billion by 2030.

Compound semiconductors are made from two or more elements and have unique properties compared to elemental semiconductors such as silicon and germanium. Compound semiconductors are used in various applications, including power electronics, optoelectronics, RF devices, and high-temperature or high-radiation environments. Rising demand and adoption of consumer electronics are resulting in an increased need for compound semiconductors. The growing electrification of electric and hybrid vehicles is expanding the usage of compound electronics. However, the high cost of raw materials and design complexity may adversely impact compound semiconductors' use. Moreover, advancements in compound semiconductors to enhance their reliability are expected to encourage their adoption by the end-use sectors worldwide.

The compound semiconductor market is evolving in the Americas due to the rapid expansion of 5G infrastructure and growing demand for consumer electronics in the region. The government initiatives to encourage the expansion of semiconductor manufacturing facilities are facilitating the usage of compound semiconductors in the Americas. The rising smartphone penetration, coupled with government support to increase the local manufacturing of consumer electronics, has raised the demand for compound semiconductors in the APAC region. The ongoing advancements and presence of a well-established manufacturing sector in the EMEA region are increasing demand for compound semiconductors. Additionally, the increasing sales and demand for electric vehicles are expected to create immense potential for using compound semiconductors worldwide.

The market dynamics represent an ever-changing landscape of the Compound Semiconductor Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Compound Semiconductor Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Compound Semiconductor Market.

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Compound Semiconductor Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

The value chain of the Compound Semiconductor Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

The pricing analysis comprehensively evaluates how a product or service is priced within the Compound Semiconductor Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Compound Semiconductor Market.

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Compound Semiconductor Market.

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Compound Semiconductor Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

The trade analysis of the Compound Semiconductor Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

The regulatory framework analysis for the Compound Semiconductor Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Compound Semiconductor Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Compound Semiconductor Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

• Britain Unveils USD 1.25 Billion Semiconductor Strategy

  The British government announced its plans to invest a total of USD 1.25 billion in microchip design, research and development, as well as compound semiconductors. This investment includes an initial funding of up to USD 250 million over the next two years. Moreover, over the following decade, an allocation of USD 750 million will be made towards various measures such as securing a global first-mover advantage, promoting job creation, mitigating supply chain disruptions, and safeguarding national security. [Published On: 2023-05-19]

• Infineon Announce New Supplier Agreement with SICC

  Infineon Technologies AG entered into an agreement with SICC, a Chinese silicon carbide supplier, to enhance its supplier base for SiC materials and ensure access to competitive sources. This agreement primarily focuses on 150-millimeter SiC material and aims to support the transition to a 200-millimeter wafer diameter. By collaborating with SICC, Infineon aims to promote supply chain stability and facilitate the rapid growth of SiC, a highly sought-after semiconductor material. [Published On: 2023-05-05]

• Welsh Government Announces Plan to Expand Newport’s Compound Semiconductor Cluster

  The Welsh Government is actively pursuing plans to expand the compound semiconductor cluster in Newport, under the leadership of Economy Minister Vaughan Gething. In collaboration with KLA Corporation's SPTS division, the Welsh Government is making a USD 100 million investment to enhance infrastructure, foster skill development, and establish local supply chains. [Published On: 2023-03-29]

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Compound Semiconductor Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

The report delves into recent significant developments in the Compound Semiconductor Market, highlighting leading vendors and their innovative profiles. These include ams-OSRAM AG, Applied Materials, Inc., Best Compound Semiconductor Co., Ltd., Broadcom Inc., Coherent Corp., Efficient Power Conversion Corporation, GaN Systems, Inc., Infineon Technologies AG, IQE plc, JX Metals Corporation, MACOM Technology Solutions Inc., Mitsubishi Electric Corporation, Newport Corporation by MKS Instruments, Inc., NXP Semiconductors N.V., Qorvo Inc., ROHM Co., Ltd., Samsung Electronics Co., Ltd., Shin-Etsu Chemical Co., Ltd., SICC Co., Ltd., Silicon Valley Microelectronics, Inc., Skyworks Solutions, Inc., Sumitomo Electric Group, Sumitomo Electric Industries, Ltd., Toshiba Corporation, and Wolfspeed, Inc..

This research report categorizes the Compound Semiconductor Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
  • Group III & Group V
    • Cadmium Slenenide
    • Cadmium Telluride
    • Zinc Selenide
  • Groups II & Group VI
    • Gallium Arsenide
    • Gallium Nitride
    • Gallium Phosphide
    • Indium Antimonide
    • Indium Phosphide
• Deposition Technologies
  • Ammonothermal
  • Atomic Layer Deposition (ALD)
  • Chemical Vapor Deposition (CVD)
  • Hydride Vapor Phase Epitaxy (HVPE)
  • Liquid Phase Epitaxy
  • Molecular Beam Epitaxy
• Application
  • Diodes and Rectifiers
    • Light-Emitting Diode
    • PIN Diode
    • Schokkty Diode
    • Zener Diode
  • Integrated Circuits
    • Monolithic Microwave Integrated Circuit (MMIC)
    • Radio-Frequency Integrated Circuit (RFIC)
  • Light-Emitting Diode (LED)
  • Module
  • Optoelectronics
  • RF Devices
    • RF Power
    • RF Switching
  • Transistor
    • High Electron Mobility Transistor (HEMT)
    • Metal Oxide Field-Effect Transistor (MOSFET)
• End-Use
  • Aerospace & Defense
  • Automotive
  • Consumer Electronics
  • Energy & Power
  • Healthcare
  • Telecommunication & Information Technology

• Region
  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

1. What is the current market size and projected growth?
2. Which products, segments, applications, and regions offer promising investment opportunities?
3. What are the prevailing technology trends and regulatory frameworks?
4. What is the market share and positioning of the leading vendors?
5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?