Compound Semiconductors to be worth $104.55 Billion in 2020
Market expected to grow at 12.63 percent CAGR from 2014 to 2020
According to a new report published by MarketsandMarkets, the compound semiconductor market is expected to grow at a CAGR of 12.63 percent from 2014 to 2020, reaching $104.55 billion in 2020.
The compound semiconductor market includes materials such as III-V, II-VI, IV-IV groups of compound semiconductors, and sapphire. Beneficial features such as direct gap, wide range of band gaps, higher electron mobility, and low power consumption, mean compound semiconductors are finding wide application in LEDs; high speed and high power devices; lasers; sensors; and IR-visible-UVs.
The report 'Compound Semiconductor Market by Type (III-V, II-VI, IV-IV, sapphire), Deposition Technology (CVD, MBE, HVPE, Ammonothermal, MOVPE, LPE, ALD), Product (Power, Opto-electronic), Application, and Geography-2013-2020'' covers the overall compound semiconductor market segmented into five major segments: compound semiconductor types, deposition technology, products, application, and geography.
MarketsandMarkets is a global market research and consulting company based in the US.
