Latin America Compound Semiconductor Materials Market Size & Outlook
Latin America compound semiconductor materials market, 2016-2027 (US$M)
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Latin America compound semiconductor materials market highlights
- The Latin America compound semiconductor materials market generated a revenue of USD 1.4 million in 2019.
- The market is expected to grow at a CAGR of 2.9% 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, Brazil is expected to register the highest CAGR from 2020 to 2027.
Latin America data book summary
| Market revenue in 2019 | USD 1.4 million |
| Market revenue in 2027 | USD 1.8 million |
| Growth rate | 2.9% (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, Latin America region accounted for 4.1% 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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Latin America 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 50% in 2019. Horizon Databook has segmented the Latin America 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.
Actual GDP growth of Brazil reached 1.0% in 2018. As per Organization for Economic Co-operation and Development, growth in Brazil is projected to gain momentum in 2019 and 2020 owing to improvement in labor market and private consumption.
End-use sectors including electronics, aerospace, defense, and healthcare are expected to keep the region afloat over the forecast period. Growing infrastructure development due to the rising industrial growth is anticipated to boost the electronics industry; which is projected to fuel the demand for compound semiconductor market.
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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 continent-level data and insights on the Latin America compound semiconductor materials market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America compound semiconductor materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America compound semiconductor materials market size, by country, 2016-2027 (US$M)
Latin America Compound Semiconductor Materials Market Outlook Share, 2019 & 2027 (US$M)
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