Global Compound Semiconductor Materials Market Size & Outlook
Global compound semiconductor materials market, 2016-2027 (US$M)
Related Markets
Global compound semiconductor materials market highlights
- The global compound semiconductor materials market generated a revenue of USD 34.8 million in 2019 and is expected to reach USD 46.9 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 3.8% by 2027.
- In terms of segment, group iii-v accounted for a revenue of USD 18.3 million in 2019.
- Group IV-IV is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, Japan is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 34.8 million |
| Market revenue in 2027 | USD 46.9 million |
| Growth rate | 3.8% (CAGR from 2019 to 2027) |
| Largest segment | Group iii-v |
| Fastest growing segment | Group IV-IV |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Group IV-IV, Group III-V, Group II-VI |
Other key industry trends
- In terms of revenue, the North America accounted for 20.2% of the global compound semiconductor materials market in 2019.
- By country, the China is projected to lead the global market in terms of revenue in 2027.
- By country, Japan is the fastest growing regional market and is projected to reach USD 2.0 million by 2027.
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Compound Semiconductor Materials Market Scope
Compound Semiconductor Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global compound semiconductor materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to compound semiconductor materials market will help companies and investors design strategic landscapes.
Group iii-v was the largest segment with a revenue share of 52.59% in 2019. Horizon Databook has segmented the Global compound semiconductor materials market based on group iv-iv, group iii-v, group ii-vi covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Compound Semiconductor Materials Product Outlook (Revenue, USD Million, 2016-2027)
- Group IV-IV
- Group III-V
- Group II-VI
- Global Compound Semiconductor Materials Application Outlook (Revenue, USD Million, 2016-2027)
- Electronics & Consumer Goods
- Aerospace & Defense
- Telecommunication
- Other Applications
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Our clientele includes a mix of compound semiconductor materials market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global compound semiconductor materials market , including forecasts for subscribers. This global databook contains high-level insights into Global compound semiconductor materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global compound semiconductor materials market size, by region, 2016-2027 (US$M)
Top 10 countries: Compound semiconductor materials market size, 2019 (US$M)
Global compound semiconductor materials market share, by product, 2019 & 2027 (%, US$M)
Compound semiconductor materials market: Opportunity assessment by country
Global compound semiconductor materials market, by region, 2019 (US$M)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 6.4 | 6.6 | 6.8 | 7.1 | 7.3 | 7.5 | 7.7 | 8.0 | 8.3 | 8.5 | 8.8 | 9.1 | 3.3% |
| Europe | 7.1 | 7.3 | 7.6 | 7.9 | 8.1 | 8.2 | 8.5 | 8.7 | 8.9 | 9.1 | 9.4 | 9.7 | 2.7% |
| Asia Pacific | 15.1 | 16.0 | 16.9 | 18.0 | 18.4 | 19.0 | 19.7 | 20.5 | 21.5 | 22.7 | 24.1 | 25.7 | 4.6% |
| Latin America | 1.3 | 1.3 | 1.4 | 1.4 | 1.5 | 1.5 | 1.5 | 1.6 | 1.6 | 1.7 | 1.7 | 1.8 | 2.9% |
| MEA | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 2.6% |
| Overall | 30.2 | 31.7 | 33.2 | 34.8 | 35.7 | 36.7 | 37.9 | 39.3 | 40.9 | 42.6 | 44.7 | 46.9 | 3.8% |
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