Europe Compound Semiconductor Materials Market Size & Outlook
Europe compound semiconductor materials market, 2016-2027 (US$M)
Related Markets
Europe compound semiconductor materials market highlights
- The Europe compound semiconductor materials market generated a revenue of USD 7.9 million in 2019.
- The market is expected to grow at a CAGR of 2.7% 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, Germany is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 7.9 million |
| Market revenue in 2027 | USD 9.7 million |
| Growth rate | 2.7% (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, Europe region accounted for 22.6% 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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Europe 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 51.9% in 2019. Horizon Databook has segmented the Europe 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 automotive sector is in the region is expected to be a key end-use market for market. Emerging technologies such as the introduction of Artificial Intelligence, electrification of vehicles, and digitalization are key growth drivers for compound semiconductor materials in the region.
In addition, increasing sales of small and major appliances, especially build- in large appliances, in the region are expected to have a positive impact on the market growth. Growing production of ICs for manufacturing household appliances, small kitchen appliances, electronic toys, and smart consumer wearables is expected to propel the demand for compound semiconductor materials market over the projected period.
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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 Europe compound semiconductor materials market , including forecasts for subscribers. This continent databook contains high-level insights into Europe compound semiconductor materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Europe compound semiconductor materials market size, by country, 2016-2027 (US$M)
Europe Compound Semiconductor Materials Market Outlook Share, 2019 & 2027 (US$M)
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