Asia Pacific Compound Semiconductor Materials Market Size & Outlook
Asia Pacific compound semiconductor materials market, 2016-2027 (US$M)
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Asia Pacific compound semiconductor materials market highlights
- The Asia Pacific compound semiconductor materials market generated a revenue of USD 18.0 million in 2019.
- The market is expected to grow at a CAGR of 4.6% from 2020 to 2027.
- In terms of segment, group iii-v was the largest revenue generating product in 2019.
- Group IV-IV is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Taiwan is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 18.0 million |
| Market revenue in 2027 | USD 25.7 million |
| Growth rate | 4.6% (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 |
| Key market players worldwide | Sumitomo Corp, ENEOS Holdings Inc, Furukawa Electric Co Ltd, Shin-Etsu Chemical Co Ltd, IQE PLC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 51.6% of the global compound semiconductor materials market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25.7 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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Asia Pacific 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 54.44% in 2019. Horizon Databook has segmented the Asia Pacific 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.
The consumer electronics market of Asia-Pacific countries including China, India, Japan, Indonesia, and Malaysia have high penetration owing to the introduction of the technologically advanced product.
Furthermore, rapid urbanization and rising disposable income in the region is expected to further contribute to the expansion of consumer electronics users and thus, in turn, will promote the scope of compound semiconductor materials.
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Target buyers of Asia Pacific compound semiconductor materials market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific compound semiconductor materials market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific compound semiconductor materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific compound semiconductor materials market size, by country, 2016-2027 (US$M)
Asia Pacific Compound Semiconductor Materials Market Outlook Share, 2019 & 2027 (US$M)
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