Global Compound Semiconductor Material And Device Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Compound Semiconductor Material And Device market size was valued at US$ 1175 million in 2024 and is forecast to a readjusted size of USD 1592 million by 2031 with a CAGR of 4.5% during review period.

Compound semiconductor materials and devices refer to materials that are made by combining two or more elements from different groups in the periodic table. These materials exhibit unique electronic and optical properties, making them ideal for various applications in electronics, telecommunications, optoelectronics, and power electronics.

Some common types of compound semiconductors include:

Gallium arsenide (GaAs): Widely used in high-speed electronic devices, such as transistors, integrated circuits, and laser diodes.

Indium phosphide (InP): Used in high-frequency and high-power applications, including communication systems, laser diodes, and solar cells.

Gallium nitride (GaN): Known for its wide bandgap, GaN is used in high-frequency power amplifiers, LEDs, and radio frequency devices.

Silicon carbide (SiC): Known for its high-temperature stability and high breakdown voltage, SiC is used in power electronics, LED lighting, and advanced sensors.

Zinc selenide (ZnSe): Widely used in optoelectronic devices, such as lasers, LEDs, and photodiodes.

Copper indium gallium selenide (CIGS): Used in thin-film solar cells for photovoltaic applications.

Compound semiconductor devices include various electronic and optoelectronic components, such as transistors, diodes, lasers, photodetectors, solar cells, and integrated circuits. These devices offer advantages like high efficiency, high power density, and high-speed operation compared to traditional semiconductor devices made of silicon.

Compound semiconductor materials and devices play a crucial role in advancing technology and enabling various applications, including wireless communication, renewable energy, lighting, and medical devices.

The global compound semiconductor material and device market refers to the market for materials and electronic devices that are based on compound semiconductors. Compound semiconductors are made by combining two or more elements from different groups of the periodic table, such as gallium arsenide (GaAs), indium phosphide (InP), and silicon carbide (SiC), among others.

Compound semiconductors offer several advantages over traditional silicon-based semiconductors, including higher electron mobility, wider energy bandgaps, and better thermal conductivity. These properties make compound semiconductors suitable for a wide range of applications, including optoelectronics, power electronics, radio frequency devices, and electronic integrated circuits.

The market for compound semiconductor materials and devices is driven by factors such as the increasing demand for high-speed and high-power electronic devices, advancements in wireless communication technologies, and the growing adoption of compound semiconductors in emerging applications like 5G communications, electric vehicles, and renewable energy systems.

The market is segmented based on the type of material and the type of device. Compound semiconductor materials include III-V semiconductors (such as GaAs, InP, and Gallium Nitride), II-VI semiconductors (such as Zinc Oxide and Cadmium Sulfide), and other compound materials. Compound semiconductor devices include lasers, photodetectors, transistors, diodes, and integrated circuits, among others.

Asia-Pacific is a prominent region in the compound semiconductor material and device market, driven by the presence of key market players, significant investments in research and development, and the growing demand for electronic devices and telecommunications infrastructure.

Key players in the global compound semiconductor material and device market include companies like Cree Inc., Samsung Electronics Co. Ltd., Qorvo Inc., Broadcom Inc., and Nichia Corporation, among others. These companies are involved in research, development, and manufacturing of compound semiconductor materials and devices.

The market is expected to witness significant growth in the coming years, driven by advancements in compound semiconductor technologies, the increasing demand for high-performance electronic devices, and the growing need for efficient energy solutions. However, challenges such as high manufacturing costs and limited availability of raw materials may hinder market growth to some extent.

This report is a detailed and comprehensive analysis for global Compound Semiconductor Material And Device market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Compound Semiconductor Material And Device market size and forecasts, in consumption value ($ Million), 2020-2031

Global Compound Semiconductor Material And Device market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Compound Semiconductor Material And Device market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Compound Semiconductor Material And Device market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Compound Semiconductor Material And Device

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Compound Semiconductor Material And Device market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cree Inc., IQE plc, Nichia Corporation, Sumitomo Electric Industries, Ltd., II-VI Incorporated, Samsung Electronics Co., Ltd., Broadcom Inc., Texas Instruments Inc., Infineon Technologies AG, MACOM Technology Solutions Holdings, Inc., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Compound Semiconductor Material And Device market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
SiGe
GaAs
GaN
ZnSe
InP
SiC
InGaAlP
InGaN
Others

Market segment by Application
Automotive
Medical
ICT Industry
Energy Industry
Consumer Electronics
Aerospace and Defense
Others

Market segment by players, this report covers
Cree Inc.
IQE plc
Nichia Corporation
Sumitomo Electric Industries, Ltd.
II-VI Incorporated
Samsung Electronics Co., Ltd.
Broadcom Inc.
Texas Instruments Inc.
Infineon Technologies AG
MACOM Technology Solutions Holdings, Inc.
NXP Semiconductors N.V.
Taiwan Semiconductor Manufacturing Company (TSMC)
Stmicroelectronics
Freescale Semiconductor
Texas Instruments
Renesas Electronics
Koninklijke Philips
International Quantum Epitaxy
Toshiba America Electronic Components, Inc.
Mitsubishi Electric Corporation
Analog Devices, Inc.
Skyworks Solutions, Inc.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Compound Semiconductor Material And Device product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Compound Semiconductor Material And Device, with revenue, gross margin, and global market share of Compound Semiconductor Material And Device from 2020 to 2025.

Chapter 3, the Compound Semiconductor Material And Device competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Compound Semiconductor Material And Device market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Compound Semiconductor Material And Device.

Chapter 13, to describe Compound Semiconductor Material And Device research findings and conclusion.