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

Compound Semiconductor Market to Record Growth of $ 11.53 Bn during 2021-2025 | Technavio


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:

Download Now to uncover successful business strategies deployed by Companies of Compound Semiconductor Market: https://www.technavio.com/talk-to-us?report=IRTNTR44692

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.

Related Reports:

Semiconductors Market in Vietnam by Device and Application- Forecast and Analysis 2021-2025

Semiconductor Market in East Asia by End-user and Geography - Forecast and Analysis 2021-2025

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

Technavio's in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal.  Receive Latest Free Sample Report in Minutes

About Us

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.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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