Compound Semiconductor Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2032

The report on the global compound semiconductor market provides qualitative and quantitative analysis for the period from 2022-2032. The global compound semiconductor market was valued at USD 39.23 billion in 2023 and is expected to reach USD 78.22 billion in 2032, with a CAGR of 7.48% during the forecast period 2024-2032. The study on compound semiconductor market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2022-2032.

The report on compound semiconductor market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global compound semiconductor market over the period of 2022-2032. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global compound semiconductor market over the period of 2022-2032. Furthermore, the growth matrix given in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

The swift global rollout of 5G networks is significantly increasing the demand for compound semiconductors.
The compound semiconductor market is being fuelled by the growing adoption of silicon carbide and gallium nitride technologies in the automotive industry.

2) Restraints

The compound semiconductor market's growth is hindered by the complex and capital-intensive fabrication process required for these advanced materials.

3) Opportunities

The compound semiconductor market is poised for significant growth due to the global trend towards 6G technologies.

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The global compound semiconductor market is segmented on the basis of deposition technologies, type, product, and application.

The Global Compound Semiconductor Market by Deposition Technologies

Chemical Vapor Deposition (CVD)
Molecular Beam Epitaxy
Hydride Vapor Phase Epitaxy (HVPE)
Ammonothermal
Liquid Phase Epitaxy
Atomic Layer Deposition (ALD)
Others

The Global Compound Semiconductor Market by Type

GaN
Gallium Arsenide (GAAS)
Silicon Carbide (SiC)
Indium Phosphide (INP)
Silicon Germanium (SIGe)
Gallium Phosphide (GAP)
Others

The Global Compound Semiconductor Market by Product

LED
Optoelectronics
RF Devices
Power Electronics

The Global Compound Semiconductor Market by Application

General Lighting
Telecommunication
Military, Defense and Aerospace
Automotive
Power Supply
Datacom
Consumer Display
Commercial
Consumer Devices
Others

Company Profiles

The companies covered in the report include

Nichia Corporation
Samsung Electronics Co., Ltd.
ams OSRAM AG
Qorvo, Inc.
Skyworks Solutions, Inc.
Wolfspeed, Inc.
Canon Inc.
Infineon Technologies AG
Mitsubishi Electric Corporation
Others

What does this report deliver?

1. Comprehensive analysis of the global as well as regional markets of the compound semiconductor market.
2. Complete coverage of all the segments in the compound semiconductor market to analyze the trends, developments in the global market and forecast of market size up to 2032.
3. Comprehensive analysis of the companies operating in the global compound semiconductor market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Chapter 1. Preface

1.1. Report Description
1.2. Research Methods
1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Compound Semiconductor Market Highlights
2.2. Compound Semiconductor Market Projection
2.3. Compound Semiconductor Market Regional Highlights

Chapter 3. Global Compound Semiconductor Market Overview

3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. Growth Matrix Analysis
3.4.1. Growth Matrix Analysis by Deposition Technologies
3.4.2. Growth Matrix Analysis by Type
3.4.3. Growth Matrix Analysis by Product
3.4.4. Growth Matrix Analysis by Application
3.4.5. Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Compound Semiconductor Market

Chapter 4. Compound Semiconductor Market Macro Indicator Analysis

Chapter 5. Company Profiles and Competitive Landscape

5.1. Competitive Landscape in the Global Compound Semiconductor Market
5.2. Companies Profiles
5.2.1. Nichia Corporation
5.2.2. Samsung Electronics Co., Ltd.
5.2.3. ams OSRAM AG
5.2.4. Qorvo, Inc.
5.2.5. Skyworks Solutions, Inc.
5.2.6. Wolfspeed, Inc.
5.2.7. Canon Inc.
5.2.8. Infineon Technologies AG
5.2.9. Mitsubishi Electric Corporation
5.2.10. Others

Chapter 6. Global Compound Semiconductor Market by Deposition Technology

6.1. Chemical Vapor Deposition (CVD)
6.2. Molecular Beam Epitaxy
6.3. Hydride Vapor Phase Epitaxy (HVPE)
6.4. Ammonothermal
6.5. Liquid Phase Epitaxy
6.6. Atomic Layer Deposition (ALD)
6.7. Others

Chapter 7. Global Compound Semiconductor Market by Type

7.1. GaN
7.2. Gallium Arsenide (GaAS)
7.3. Silicon Carbide (SiC)
7.4. Indium Phosphide (INP)
7.5. Silicon Germanium (SIGe)
7.6. Gallium Phosphide (GAP)
7.7. Others

Chapter 8. Global Compound Semiconductor Market by Product

8.1. LED
8.2. Optoelectronics
8.3. RF Devices
8.4. Power Electronics

Chapter 9. Global Compound Semiconductor Market by Application

9.1. General Lighting
9.2. Telecommunication
9.3. Military, Defense and Aerospace
9.4. Automotive
9.5. Power Supply
9.6. Datacom
9.7. Consumer Display
9.8. Commercial
9.9. Consumer Devices
9.10. Others

Chapter 10. Global Compound Semiconductor Market by Region 2024-2032

10.1. North America
10.1.1. North America Compound Semiconductor Market by Deposition Technologies
10.1.2. North America Compound Semiconductor Market by Type
10.1.3. North America Compound Semiconductor Market by Product
10.1.4. North America Compound Semiconductor Market by Application
10.1.5. North America Compound Semiconductor Market by Country
10.1.5.1. The U.S. Compound Semiconductor Market
10.1.5.1.1. The U.S. Compound Semiconductor Market by Deposition Technologies
10.1.5.1.2. The U.S. Compound Semiconductor Market by Type
10.1.5.1.3. The U.S. Compound Semiconductor Market by Product
10.1.5.1.4. The U.S. Compound Semiconductor Market by Application
10.1.5.2. Canada Compound Semiconductor Market
10.1.5.2.1. Canada Compound Semiconductor Market by Deposition Technologies
10.1.5.2.2. Canada Compound Semiconductor Market by Type
10.1.5.2.3. Canada Compound Semiconductor Market by Product
10.1.5.2.4. Canada Compound Semiconductor Market by Application
10.1.5.3. Mexico Compound Semiconductor Market
10.1.5.3.1. Mexico Compound Semiconductor Market by Deposition Technologies
10.1.5.3.2. Mexico Compound Semiconductor Market by Type
10.1.5.3.3. Mexico Compound Semiconductor Market by Product
10.1.5.3.4. Mexico Compound Semiconductor Market by Application
10.2. Europe
10.2.1. Europe Compound Semiconductor Market by Deposition Technologies
10.2.2. Europe Compound Semiconductor Market by Type
10.2.3. Europe Compound Semiconductor Market by Product
10.2.4. Europe Compound Semiconductor Market by Application
10.2.5. Europe Compound Semiconductor Market by Country
10.2.5.1. Germany Compound Semiconductor Market
10.2.5.1.1. Germany Compound Semiconductor Market by Deposition Technologies
10.2.5.1.2. Germany Compound Semiconductor Market by Type
10.2.5.1.3. Germany Compound Semiconductor Market by Product
10.2.5.1.4. Germany Compound Semiconductor Market by Application
10.2.5.2. United Kingdom Compound Semiconductor Market
10.2.5.2.1. United Kingdom Compound Semiconductor Market by Deposition Technologies
10.2.5.2.2. United Kingdom Compound Semiconductor Market by Type
10.2.5.2.3. United Kingdom Compound Semiconductor Market by Product
10.2.5.2.4. United Kingdom Compound Semiconductor Market by Application
10.2.5.3. France Compound Semiconductor Market
10.2.5.3.1. France Compound Semiconductor Market by Deposition Technologies
10.2.5.3.2. France Compound Semiconductor Market by Type
10.2.5.3.3. France Compound Semiconductor Market by Product
10.2.5.3.4. France Compound Semiconductor Market by Application
10.2.5.4. Rest of Europe Compound Semiconductor Market
10.2.5.4.1. Rest of Europe Compound Semiconductor Market by Deposition Technologies
10.2.5.4.2. Rest of Europe Compound Semiconductor Market by Type
10.2.5.4.3. Rest of Europe Compound Semiconductor Market by Product
10.2.5.4.4. Rest of Europe Compound Semiconductor Market by Application
10.3. Asia Pacific
10.3.1. Asia Pacific Compound Semiconductor Market by Deposition Technologies
10.3.2. Asia Pacific Compound Semiconductor Market by Type
10.3.3. Asia Pacific Compound Semiconductor Market by Product
10.3.4. Asia Pacific Compound Semiconductor Market by Application
10.3.5. Asia Pacific Compound Semiconductor Market by Country
10.3.5.1. China Compound Semiconductor Market
10.3.5.1.1. China Compound Semiconductor Market by Deposition Technologies
10.3.5.1.2. China Compound Semiconductor Market by Type
10.3.5.1.3. China Compound Semiconductor Market by Product
10.3.5.1.4. China Compound Semiconductor Market by Application
10.3.5.2. Japan Compound Semiconductor Market
10.3.5.2.1. Japan Compound Semiconductor Market by Deposition Technologies
10.3.5.2.2. Japan Compound Semiconductor Market by Type
10.3.5.2.3. Japan Compound Semiconductor Market by Product
10.3.5.2.4. Japan Compound Semiconductor Market by Application
10.3.5.3. India Compound Semiconductor Market
10.3.5.3.1. India Compound Semiconductor Market by Deposition Technologies
10.3.5.3.2. India Compound Semiconductor Market by Type
10.3.5.3.3. India Compound Semiconductor Market by Product
10.3.5.3.4. India Compound Semiconductor Market by Application
10.3.5.4. Rest of Asia-Pacific Compound Semiconductor Market
10.3.5.4.1. Rest of Asia-Pacific Compound Semiconductor Market by Deposition Technologies
10.3.5.4.2. Rest of Asia-Pacific Compound Semiconductor Market by Type
10.3.5.4.3. Rest of Asia-Pacific Compound Semiconductor Market by Product
10.3.5.4.4. Rest of Asia-Pacific Compound Semiconductor Market by Application
10.4. RoW
10.4.1. RoW Compound Semiconductor Market by Deposition Technologies
10.4.2. RoW Compound Semiconductor Market by Type
10.4.3. RoW Compound Semiconductor Market by Product
10.4.4. RoW Compound Semiconductor Market by Application
10.4.5. RoW Compound Semiconductor Market by Sub-region
10.4.5.1. Latin America Compound Semiconductor Market
10.4.5.1.1. Latin America Compound Semiconductor Market by Deposition Technologies
10.4.5.1.2. Latin America Compound Semiconductor Market by Type
10.4.5.1.3. Latin America Compound Semiconductor Market by Product
10.4.5.1.4. Latin America Compound Semiconductor Market by Application
10.4.5.2. Middle East Compound Semiconductor Market
10.4.5.2.1. Middle East Compound Semiconductor Market by Deposition Technologies
10.4.5.2.2. Middle East Compound Semiconductor Market by Type
10.4.5.2.3. Middle East Compound Semiconductor Market by Product
10.4.5.2.4. Middle East Compound Semiconductor Market by Application
10.4.5.3. Africa Compound Semiconductor Market
10.4.5.3.1. Africa Compound Semiconductor Market by Deposition Technologies
10.4.5.3.2. Africa Compound Semiconductor Market by Type
10.4.5.3.3. Africa Compound Semiconductor Market by Product
10.4.5.3.4. Africa Compound Semiconductor Market by Application

Table Information

Report Attribute	Details
No. of Pages	300
Published	May 2025
Forecast Period	2023 - 2032
Estimated Market Value ( USD ) in 2023	$ 39.23 Billion
Forecasted Market Value ( USD ) by 2032	$ 78.22 Billion
Compound Annual Growth Rate	7.4%
Regions Covered	Global

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