Le Lézard
Classified in: Science and technology, Covid-19 virus
Subject: MRR

Global Compound Semiconductor Market Growth Analysis in Semiconductors Industry | Discover Company Insights in Technavio

NEW YORK, July 23, 2021 /PRNewswire/ -- The global compound semiconductor market is expected to grow by USD 11.53 billion, progressing a CAGR of 6.33% during 2021-2025, according to Technavio's latest market report. Based on our research, the Semiconductors sector witnessed a Mixed impact due to the widespread growth of the COVID-19 pandemic. The report also throws light on the pre- and post-impact of COVID-19 on businesses.

Download a Sample Report Covering COVID-19 Impact

The compound semiconductor market share growth by the consumer electronics segment has been significant. 

72% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for compound semiconductors in APAC. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rising adoption of smartphones has been identified as one of the chief factors that will drive the compound semiconductor market growth in APAC over the forecast period. 

Compound Semiconductor Market: Major Growth Drivers
The compound semiconductor market reports the following factors as major growth drivers during the forecast period:

The report will help businesses to build resilience by making effective resource and investment choices.

Download a Free Sample Report Now!

Compound Semiconductor Market: Key Vendor Offerings

Broadcom Inc.
Broadcom Inc. operates its business under segments- Semiconductor solutions and Infrastructure software. The company offers Gallium Arsenide (GaAs) lasers and photo detectors for optical communication systems and it is the lead supplier of 4-, 10- and 12-channel VCSEL and PIN arrays.

Cree Inc.
Cree Inc. operates its business under segments- Wolfspeed and LED Product. The company offers GaN, AlxGa1-xN and Al1-y InyN epitaxial layers on SiC substrates. The company is driving innovation with the industrys broadest range of SiC and GaN materials.

Infineon Technologies AG
Infineon Technologies AG operates its business under segments- Automotive, Industrial Power Control, Power and Sensor Systems, Connected Secure Systems, and Other. The company offers n-channel and p-channel power MOSFETs which are designed in a unique way to bring more efficiency, power density and cost-effectiveness.

Reasons to Buy Compound Semiconductor Market Report:

This report can be personalized according to your business needs.

Enquire Before Purchasing

Related Reports on Information Technology Include:
Carbon Nanotube Market by Product, Application, and Geography - Forecast and Analysis 2021-2025: The carbon nanotube market size will grow up to USD 6.51 billion at a CAGR of 25.11% during 2021-2025.
Download Exclusive Free Sample Report

Application Specific IC Market by Product, Type, and Geography - Forecast and Analysis 2021-2025: The application specific IC (ASIC) market value is projected to grow by USD 9.15 billion at a CAGR of 8.32% during 2021-2025.
Download Exclusive Free Sample Report

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Report: https://www.technavio.com/talk-to-us?report=IRTNTR44692

SOURCE Technavio

These press releases may also interest you

at 04:25
The "Latin America Cocoa Market 2021-2028" report has been added to ResearchAndMarkets.com's offering. The cocoa market in Latin America is forecast to grow at a CAGR of 4.3% during the assessed years of 2021-2028. Brazil, Mexico, and Rest of Latin...

at 03:55
International science publisher SelectScience has been praised by a representative of HM Queen Elizabeth II for its work during the pandemic. The warm words came from HM Lord-Lieutenant of Somerset Annie Maw, as she presented the SelectScience team...

at 03:35
Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation, has launched Vonage Video Express to make it easier and faster for developers to leverage the Vonage Video API for multiparty calls. Vonage...

at 03:30
The smart kitchen appliance market is poised to grow by $ 9.40 bn during 2021-2025, progressing at a CAGR of  12.65% during the forecast period.  Discover Household Appliances industry potential and make informed business decisions based on...

at 03:30
Nordic Aviation Capital ("NAC" or the "Company"), the world's largest regional aircraft lessor, today announced that it has appointed Norman C.T. Liu as its new President, effective immediately. Liu is a highly accomplished global aviation executive,...

at 03:05
AX Semantics, an AI-powered, natural language generation (NLG) leader, today announced the company has won a Gold Stevie® Award in the Business Technology Solution in the Artificial Intelligence/Machine Learning category in the 18th Annual Stevie...

News published on 23 july 2021 at 23:00 and distributed by: