NEW YORK, Sept. 27, 2021 /PRNewswire/ --
The compound semiconductor market is set to grow by USD 11.53 billion, progressing at a CAGR of 6.33% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Dig Deeper to Get Exhaustive Analytical Insights
To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments. The compound semiconductor market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Scope of Compound Semiconductor Market Report:
Report coverage |
Details |
Base Year |
2020 |
Forecast Period |
2021-2025 |
Incremental Growth |
$ 11.53 billion |
CAGR |
Accelerating at 6.33 % |
No. of Pages |
120 |
Segmentation |
By geography:- · APAC · North America · Europe · South America · MEA By end-user:- · Consumer electronics · Communications · Defense and aerospace · Automotive · Others By type:- · GaAs · GaN · SiC · Others |
Drivers |
· Increasing demand for enhanced power density · Rising adoption of smartphones · Growing demand for wide-bandgap power devices |
Challenges |
· High production cost · Manufacturing complexities of compound semiconductors · Lack of skilled professionals |
Compound Semiconductor Market 2021-2025: Segmentation
Compound Semiconductor Market is segmented as below:
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Compound Semiconductor Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's compound semiconductor market report provides a detailed analysis of vendors operating in the market. Some of the major vendors of the compound semiconductor market include Broadcom Inc., Cree Inc., Infineon Technologies AG, Nichia Corp., NXP Semiconductors NV, Qorvo Inc., Samsung Electronics Co. Ltd., Skyworks Solutions Inc., STMicroelectronics NV, and Texas Instruments Inc.
The report also covers the following areas:
The increasing demand for enhanced power density is likely to emerge as one of the primary drivers of the market. However, factors such as the high production cost may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research reports on the compound semiconductor market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Compound Semiconductor Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.
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SOURCE Technavio
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