China Compound Semiconductor Materials Market Size & Outlook
China compound semiconductor materials market, 2016-2027 (US$M)
Related Markets
China compound semiconductor materials market highlights
- The China compound semiconductor materials market generated a revenue of USD 6.6 million in 2019 and is expected to reach USD 9.0 million by 2027.
- The China market is expected to grow at a CAGR of 4% 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.
Compound semiconductor materials market data book summary
| Market revenue in 2019 | USD 6.6 million |
| Market revenue in 2027 | USD 9.0 million |
| Growth rate | 4% (CAGR from 2019 to 2027) |
| Largest segment | Group iii-v |
| Fastest growing segment | Group IV-IV |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 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, China accounted for 18.9% of the global compound semiconductor materials market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China compound semiconductor materials market is projected to lead the regional market in terms of revenue in 2027.
- Taiwan is the fastest growing regional market in Asia Pacific and is projected to reach USD 6.4 million by 2027.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Compound Semiconductor Materials Market Scope
Compound Semiconductor Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 59.09% in 2019. Horizon Databook has segmented the China 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.
China is the biggest manufacturing hub in the world owing to low manufacturing costs, which reduces the overall operational cost and increases profits. Smartphones dominate the Chinese consumer electronics market, accounting for more than 71% of the total market share.
China is one of the largest exporters of consumer electronics such as smartphones, televisions, radio, stereo systems, PC, laptops, and tablets around the world. With the rising penetration of Internet of Things, both manufacturers and consumers are showing strong interest in the concept of a smart home.
Manufacturers are introducing innovative products including AI TV (Artificial Intelligent TV) to offer a high level of convenience to users. The aforementioned factors are expected to have a positive impact on the industry growth.
Reasons to subscribe to China compound semiconductor materials market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China compound semiconductor materials market databook
-
Our clientele includes a mix of compound semiconductor materials market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the China compound semiconductor materials market , including forecasts for subscribers. This country databook contains high-level insights into China compound semiconductor materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
China compound semiconductor materials market size, by product, 2016-2027 (US$M)
China Compound Semiconductor Materials Market Outlook Share, 2019 & 2027 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
