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Compound Semiconductor Market Estimated to Reach $104.55 Billion in 2020 – New Report by MarketsandMarkets

(PRWEB) August 16, 2014

According to a new market research report, "Compound Semiconductor Market by Type , Deposition Technology , Product, Application, and Geography-2020", the market is expected to grow at a CAGR of 12.63% from 2014 to 2020 and reach $104.55 billion in 2020.

Browse 121 market data tables and 88 figures spread through 342 pages and in-depth TOC on "Compound Semiconductor Market" -

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The compound semiconductors comprise a wide range of materials used in a variety of semiconductor devices and components. The compound semiconductors are unique in a way and therefore are used widely in power as well as opto-electronic devices and products demanding higher performance. They offer a variety of beneficial features including direct gap, wide range of band gaps, higher electron mobility, and low power consumption. Due to such unique properties, they find wide applications in Light Emitting Diodes (LEDs), high speed, high power devices; lasers, sensors, and IR-visible-UVs. The compound semiconductors have a wide scope in the fast developing world of science, technology, and applications. Therefore, the demand for compound semiconductor materials and related devices has been increasing in a drastic way, thereby giving an exponential growth to the compound semiconductor industry. This report covers the 'Global Compound Semiconductor Market' and all its market aspects such as future opportunities, drivers and restraints in detail.

The Compound Semiconductor Market is a growing market which includes major types of materials such as III-V, II-VI, IV-IV groups of compound semiconductors, and sapphire. In this report, the overall Compound Semiconductor Market is segmented into five major segments - compound semiconductor types, deposition technology, products, application, and geography. Deposition technologies include technologies like Chemical Vapor Deposition (CVD), Molecular Beam Epitaxy (MBE), Hydride Vapour Phase Epitaxy (HVPE), ammonothermal, Metal-Organic Vapour Phase Epitaxy (MOVPE), Liquid Phase Epitaxy (LPE), and Atomic Layer Deposition (ALD), and the applications of compound semiconductors in sectors like information and communication technology, aerospace and defense, industrial, power, solar and wind, consumer electronics, automotive, and medical have also been discussed in detail in this report.

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Geographical split of the Compound Semiconductor Market is included in the report. The overall market is divided into four major geographic segments: The Americas, Europe, Asia-Pacific, and Rest of the World. The APAC is considered to be the market leader in the overall compound semiconductor market.

The major players in this Compound Semiconductor Market are, Cree Inc. (U.S.), International Quantum Epitaxy PLC (U.K.), Freescale Semiconductor Inc. (U.S.), LM Ericsson Telefon AB (Sweden), and Taiwan Semiconductor Manufacturing Company Ltd. (Taiwan).

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