According to a market report by Lucintel, the future of the epitaxial wafer in global compound semiconductor market looks promising with opportunities in the industrial, energy & power, defense/security, digital economy, transport, healthcare, consumer electronic, and space sectors. The epitaxial wafer in global compound semiconductor market is expected to reach an estimated $7 billion by 2030 with a CAGR of 12.8% from 2024 to 2030. The major drivers for this market are increasing demand for electronic devices, rising preference for LED lighting, and expanding implementation of compound semiconductors in smart technologies.
A more
than 150-page report to understand trends, opportunity and forecast in global
epitaxial wafer in compound semiconductor market to 2031 by application (CS
power electronics, CS RF/microwave, CS sensing, CS quantum, and CS photonics),
end use (industrial, energy & power, defense/security, digital economy,
transport, healthcare, consumer electronics, and space), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that CS photonic is expected to witness the highest growth over the
forecast period due to its feature makes them flexible for use in a range of
applications, including optical communication, imaging, and sensing.
Within
this market, healthcare is expected to witness the highest growth due to rising
demand for epitaxial wafers for compound semiconductors among medicals.
Download
sample by clicking on epitaxial
wafer in compound semiconductor market.
APAC is
expected to witness highest growth over the forecast period due to growing use
of autonomous vehicles and rapid smartphone penetration in the region.
NICHIA,
CREE, Masimo Semiconductor, International Quantum Epitaxy, Intelligent Epitaxy
Technology, EPISTAR, Sumitomo Electric Industrie are the major suppliers in the
epitaxial wafer in compound
semiconductor market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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