Germany Compound Semiconductor Materials Market Size & Outlook
Germany compound semiconductor materials market, 2016-2027 (US$M)
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Germany compound semiconductor materials market highlights
- The Germany compound semiconductor materials market generated a revenue of USD 2.0 million in 2019 and is expected to reach USD 2.6 million by 2027.
- The Germany market is expected to grow at a CAGR of 3.5% 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 2.0 million |
| Market revenue in 2027 | USD 2.6 million |
| Growth rate | 3.5% (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, Germany accounted for 5.6% 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 Europe, Germany compound semiconductor materials market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2.6 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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Germany 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 55% in 2019. Horizon Databook has segmented the Germany 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 automakers in Germany are installing manufacturing units for electric vehicles as well as converting existing units into electric vehicle producing units. For instance, in November 2018, Volkswagen announced to transform existing facilities of Emden and Hannover for e-car production.
The above-mentioned production expansion strategies coupled with supportive government initiatives in the automotive sector are projected to open new market avenues for compound semiconductor materials market in the near future.
The consumers in the region are in continuous search of innovative and technologically advanced appliances to replace the old ones, which is likely to influence the manufacturing of household appliances on a positive note.
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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 country-level data and insights on the Germany compound semiconductor materials market , including forecasts for subscribers. This country databook contains high-level insights into Germany compound semiconductor materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Germany compound semiconductor materials market size, by product, 2016-2027 (US$M)
Germany Compound Semiconductor Materials Market Outlook Share, 2019 & 2027 (US$M)
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