Compound Semiconductor Market size was valued at US$ 34.57 Bn. in 2021. Compound Semiconductor will encourage a great deal of transformation in Power Supply Industry.
Compound Semiconductor Market Overview
The business intelligence and consulting firm Maximize Market Research has published a report on Compound Semiconductor Market which covers extensive regional analysis and competitive landscapes of the market and industry. The analysis consists many aspects of market and considers the key drivers and opportunities, restraints and challenges in forecasted period. The report includes the competitive and pricing analysis with the regional and demand analysis. The growth is also assumed with the help Compound Annual Growth Rate in upcoming forecasted period.
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Market Scope
The research comprises of the scrutinized date and results by the leading analyst and industry experts. It looks at forecasted data, revenues generated, and major and minor events in the market. It also considers the key players and their strategies to deal with challenges in political as well as the economic factors that creates risks to the market. The report is designed in such a manner that it provides the readers the appropriate and up to date market data in a graphical and tabular forms. Research tools are used to analyse the threats and opportunities in the forecasted period by SWOT, PESTLE and PORTER’S five forces to understand the underlying factors affecting the industry.
Segmentation
Through the forecast period, Power Supply is anticipated to expand at a CAGR of 7.4%. In the field of power supplies, compound semiconductor devices are revolutionising the industry. Compound semiconductors have spread across many sectors and industries as a result of the advantages they provide to end-user businesses. GaN and SiC devices can be used in the double-conversion mode while maintaining high efficiency. These components can be used in UPSs to reduce size, enhance power quality, and save money. These have various advantages over silicon and hybrid competitors. While hybrid modules based on compound semiconductors can minimise power loss by up to 46%, traditional silicon insulated-gate bipolar transistors (IGBTs) have no advantage in terms of power loss.
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Key Players
• Cree Inc.
• International Quantum Epitaxy Plc.
• Freescale Semiconductor Inc.
• LM Ericsson Telefon AB
• Taiwan Semiconductor Manufacturing Company Ltd.
• Renesas Electronics Corporation
• Texas Instruments, Inc.
• STMicroelectronics NV
• Infineon Technologies AG
• Toshiba Corporation
• Mining & Chemical Products Ltd.
• Umicore Indium Products
• United Mineral & Chemical Corp
• Nichia Corporation
• Samsung Electronics
• Qorvo
• NXP Semiconductor N.V.
Market Regional Analysis
The Compound Semiconductor region held the largest share of the industry and is expected to grow at a significant rate over the forecast period. The regional analysis is conducted to while research to understand the regional market and their risks and opportunities. The market in each region is thoroughly investigated , enabling for the identification of regional market trends, restrictions and development opportunities.
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Compound Semiconductor Market , Compound Semiconductor Market Forecast , Compound Semiconductor Market Share
Mar 14, 2023