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Compound Semiconductor Market Size, Share, and Trends 2024 to 2034

The global compound semiconductor market size was USD 48.07 billion in 2023, calculated at USD 53.46 billion in 2024 and is expected to reach around USD 154.54 billion by 2034, expanding at a CAGR of 11.2% from 2024 to 2034.

  • Last Updated : August 2024
  • Report Code : 1075
  • Category : Semiconductor and Electronic

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Compound Semiconductor Market, By Product

7.1. Compound Semiconductor Market, by Product Type, 2024-2034
7.1.1. Transistors
7.1.1.1. Market Revenue and Forecast (2021-2034)
7.1.2. Power Semiconductor
7.1.2.1. Market Revenue and Forecast (2021-2034)
7.1.3. Diodes & Rectifiers
7.1.3.1. Market Revenue and Forecast (2021-2034)
7.1.4. Integrated Circuits
7.1.4.1. Market Revenue and Forecast (2021-2034)
7.1.5. Others
7.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 8. Global Compound Semiconductor Market, By Type

8.1. Compound Semiconductor Market, by Type, 2024-2034
8.1.1. II-VI Compound Semiconductors
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. III-V Compound Semiconductors
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. IV-IV Compound Semiconductors
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Sapphire
8.1.4.1. Market Revenue and Forecast (2021-2034)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Compound Semiconductor Market, By Deposition Technology

9.1. Compound Semiconductor Market, by Deposition Technology, 2024-2034
9.1.1. Molecular Beam Epitaxy
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Chemical Vapor Deposition
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Ammonothermal
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Hydride Vapor Phase Epitaxy
9.1.4.1. Market Revenue and Forecast (2021-2034)
9.1.5. Atomic Layer Deposition
9.1.5.1. Market Revenue and Forecast (2021-2034)
9.1.6. Liquid Phase Epitaxy
9.1.6.1. Market Revenue and Forecast (2021-2034)
9.1.7. Others
9.1.7.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Compound Semiconductor Market, By Application

10.1. Compound Semiconductor Market, by Application, 2024-2034
10.1.1. Industrial and Energy & Power
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Consumer Electronics
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. IT & Telecom
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Automotive
10.1.4.1. Market Revenue and Forecast (2021-2034)
10.1.5. Aerospace & Defense
10.1.5.1. Market Revenue and Forecast (2021-2034)
10.1.6. Healthcare
10.1.6.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Compound Semiconductor Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2021-2034)
11.1.2. Market Revenue and Forecast, by Type (2021-2034)
11.1.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.1.4. Market Revenue and Forecast, by Application (2021-2034)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2021-2034)
11.1.5.2. Market Revenue and Forecast, by Type (2021-2034)
11.1.5.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.1.5.4. Market Revenue and Forecast, by Application (2021-2034)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2021-2034)
11.1.6.2. Market Revenue and Forecast, by Type (2021-2034)
11.1.6.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.1.6.4. Market Revenue and Forecast, by Application (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2021-2034)
11.2.2. Market Revenue and Forecast, by Type (2021-2034)
11.2.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.2.4. Market Revenue and Forecast, by Application (2021-2034)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2021-2034)
11.2.5.2. Market Revenue and Forecast, by Type (2021-2034)
11.2.5.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.2.5.4. Market Revenue and Forecast, by Application (2021-2034)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2021-2034)
11.2.6.2. Market Revenue and Forecast, by Type (2021-2034)
11.2.6.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.2.6.4. Market Revenue and Forecast, by Application (2021-2034)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2021-2034)
11.2.7.2. Market Revenue and Forecast, by Type (2021-2034)
11.2.7.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.2.7.4. Market Revenue and Forecast, by Application (2021-2034)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2021-2034)
11.2.8.2. Market Revenue and Forecast, by Type (2021-2034)
11.2.8.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.2.8.4. Market Revenue and Forecast, by Application (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2021-2034)
11.3.2. Market Revenue and Forecast, by Type (2021-2034)
11.3.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.3.4. Market Revenue and Forecast, by Application (2021-2034)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2021-2034)
11.3.5.2. Market Revenue and Forecast, by Type (2021-2034)
11.3.5.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.3.5.4. Market Revenue and Forecast, by Application (2021-2034)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2021-2034)
11.3.6.2. Market Revenue and Forecast, by Type (2021-2034)
11.3.6.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.3.6.4. Market Revenue and Forecast, by Application (2021-2034)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2021-2034)
11.3.7.2. Market Revenue and Forecast, by Type (2021-2034)
11.3.7.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.3.7.4. Market Revenue and Forecast, by Application (2021-2034)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2021-2034)
11.3.8.2. Market Revenue and Forecast, by Type (2021-2034)
11.3.8.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.3.8.4. Market Revenue and Forecast, by Application (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2021-2034)
11.4.2. Market Revenue and Forecast, by Type (2021-2034)
11.4.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.4.4. Market Revenue and Forecast, by Application (2021-2034)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2021-2034)
11.4.5.2. Market Revenue and Forecast, by Type (2021-2034)
11.4.5.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.4.5.4. Market Revenue and Forecast, by Application (2021-2034)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2021-2034)
11.4.6.2. Market Revenue and Forecast, by Type (2021-2034)
11.4.6.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.4.6.4. Market Revenue and Forecast, by Application (2021-2034)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2021-2034)
11.4.7.2. Market Revenue and Forecast, by Type (2021-2034)
11.4.7.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.4.7.4. Market Revenue and Forecast, by Application (2021-2034)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2021-2034)
11.4.8.2. Market Revenue and Forecast, by Type (2021-2034)
11.4.8.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.4.8.4. Market Revenue and Forecast, by Application (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2021-2034)
11.5.2. Market Revenue and Forecast, by Type (2021-2034)
11.5.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.5.4. Market Revenue and Forecast, by Application (2021-2034)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2021-2034)
11.5.5.2. Market Revenue and Forecast, by Type (2021-2034)
11.5.5.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.5.5.4. Market Revenue and Forecast, by Application (2021-2034)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2021-2034)
11.5.6.2. Market Revenue and Forecast, by Type (2021-2034)
11.5.6.3. Market Revenue and Forecast, by Deposition Technology (2021-2034)
11.5.6.4. Market Revenue and Forecast, by Application (2021-2034)

Chapter 12. Company Profiles

12.1. Nichia Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Cree Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Qorvo
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Samsung Electronics
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Taiwan Semiconductor Manufacturing Company Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. STMicroelectronics NV
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. NXP Semiconductor N.V.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Texas Instruments Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Renesas Electronics Corporation
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Infineon Technologies AG
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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Frequently Asked Questions

The global compound semiconductor market size was reached at USD 48.07 Billion in 2023 and is anticipated to rake USD 154.54 billion by 2034.

The global compound semiconductor market is projected to grow at a CAGR of around 11.2% during the forecast period 2024 to 2034.

Increased demand for compound semiconductor epitaxial wafer especially in consumer electronics industry along with the advantages offered by the compound semiconductor wafers over silicon-based wafers are the prominent factors that drive the overall market growth.

IT & Telecom accounted for the major market value share of nearly 46% in 2023 and expected to witness substantial growth over the analysis period.

The Asia Pacific captured maximum revenue share of nearly 51% in the global compound semiconductor market in 2023.

Some of the key players operating in the market are Nichia Corporation, Cree Inc., Qorvo, Samsung Electronics, Taiwan Semiconductor Manufacturing Company Ltd., STMicroelectronics NV, NXP Semiconductor N.V., Texas Instruments Inc., Renesas Electronics Corporation, and Infineon Technologies AG among others.

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