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Compound Semiconductor Materials Market Size, Share, and Outlook, 2025 Report- By Product (Group IV-IV, Group III-V, Group II-VI), By Application (Electronics & Consumer Goods, Aerospace & Defense, Telecommunication, Others), 2018-2032

Publisher VPA Research
Published Feb 10, 2025
Length 196 Pages
SKU # VPA19585797

Description

Compound Semiconductor Materials Market Outlook

Compound Semiconductor Materials Market Size is forecast to reach $76.2 Billion in 2032 from $45.6 Billion in 2025, at an optimistic growth rate of 7.5% from 2025 to 2032. The robust Compound Semiconductor Materials Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Compound Semiconductor Materials Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Product (Group IV-IV, Group III-V, Group II-VI), By Application (Electronics & Consumer Goods, Aerospace & Defense, Telecommunication, Others). Over 70 tables and charts showcase findings from our latest survey report on Compound Semiconductor Materials Markets.

Compound Semiconductor Materials Market Insights, 2025: Compound Semiconductor Materials – Key Drivers and Opportunities

Compound semiconductor materials are increasingly at the forefront of the electronics and optoelectronics industries, providing a solution to the growing demand for high-performance and energy-efficient devices. These materials, which include compounds like gallium arsenide (GaAs), gallium nitride (GaN), and indium phosphide (InP), are particularly suitable for applications in LEDs, solar cells, power electronics, and 5G networks due to their superior electrical properties compared to traditional silicon.

The key driver for growth in the compound semiconductor materials market is the increased adoption of 5G technologies. GaN-based semiconductors, for instance, offer high efficiency and high power density, making them crucial for the development of next-generation 5G infrastructure. This demand is further fueled by the expansion of internet of things (IoT) applications, electric vehicles (EVs), and renewable energy solutions, where compound semiconductors are pivotal for enhancing the performance and reliability of electronic systems.

Additionally, the demand for energy-efficient devices continues to rise, driving the need for compound semiconductors. These materials provide a path toward energy conservation by improving the performance of power devices, radio frequency (RF) applications, and high-voltage switching circuits. Opportunities also arise from the growing adoption of automated industrial processes, military electronics, and optical communication technologies, where compound semiconductors are essential to meeting the increasing power and frequency demands.

The ability of compound semiconductors to withstand higher temperatures and power densities compared to conventional silicon also presents significant opportunities in aerospace, defense, and automotive industries. As electric vehicles (EVs), autonomous vehicles, and space exploration technologies advance, the need for more powerful, efficient, and compact semiconductor materials becomes even more critical.

Five Trends that will define global Compound Semiconductor Materials Market in 2025 and Beyond

A closer look at the multi-million global market for Compound Semiconductor Materials Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Compound Semiconductor Materials Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Compound Semiconductor Materials Industry?

The Compound Semiconductor Materials Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Compound Semiconductor Materials Market Segment Insights

The Compound Semiconductor Materials Industry presents strong offers across categories. The analytical report offers forecasts of Compound Semiconductor Materials Industry performance across segments and countries. Key segments in the industry include- By Product (Group IV-IV, Group III-V, Group II-VI), By Application (Electronics & Consumer Goods, Aerospace & Defense, Telecommunication, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Compound Semiconductor Materials Market size outlook is provided for 22 countries across these regions.

Compound Semiconductor Materials Industry Value Chain

The chapter identifies potential companies and their operations across the global Compound Semiconductor Materials Industry ecosystem. It assists decision-makers in evaluating global Compound Semiconductor Materials Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Compound Semiconductor Materials Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Compound Semiconductor Materials Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Compound Semiconductor Materials Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Compound Semiconductor Materials Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Compound Semiconductor Materials Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Compound Semiconductor Materials Market Insights- Executives are most excited about opportunities for the US Compound Semiconductor Materials Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Compound Semiconductor Materials Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Compound Semiconductor Materials Market.

Latin American Compound Semiconductor Materials Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Compound Semiconductor Materials Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Compound Semiconductor Materials Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Compound Semiconductor Materials Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Compound Semiconductor Materials Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Freiberger Compound Materials GmbH, Furukawa Co. Ltd, IQE PLC, JX Nippon Mining & Metals Corp, Shin-Etsu Chemical Co. Ltd, Showa Denko K.K., SK Siltron Co. Ltd, Sumitomo Electric Industries Ltd, WIN Semiconductors Corp, Xiamen Powerway Advanced Material Co. Ltd.

Compound Semiconductor Materials Market Scope and Segmentation

By Product

Group IV-IV

Group III-V

Group II-VI

By Application

Electronics & Consumer Goods

Aerospace & Defense

Telecommunication

Others

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Compound Semiconductor Materials Market Research-

Freiberger Compound Materials GmbH

Furukawa Co. Ltd

IQE PLC

JX Nippon Mining & Metals Corp

Shin-Etsu Chemical Co. Ltd

Showa Denko K.K.

SK Siltron Co. Ltd

Sumitomo Electric Industries Ltd

WIN Semiconductors Corp

Xiamen Powerway Advanced Material Co. Ltd

Reasons to Buy the report
  • Make informed decisions through long and short-term forecasts across 22 countries and segments.
  • Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
  • Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
  • Get an integrated understanding of the entire market ecosystem and companies.
  • Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
  • Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
  • Get free Excel spreadsheet and PPT versions along with the report PDF.

Table of Contents

196 Pages
1. Table of Contents
List of Figures and Tables
2. Executive Summary
2.1 Key Highlights
2.1.1 Compound Semiconductor Materials Market Size Outlook, 2018-2024 and 2025-2032
2.1.2 Largest Compound Semiconductor Materials Market Types and Applications
2.1.3 Fastest Growing Segments
2.1.4 Potential Markets
2.1.5 Market Concentration
2.2 Market Scope and Segmentation
2.2.1 Market Scope- Segments
2.2.2 Market Scope- Countries
2.2.3 Macroeconomic and Demographic Outlook
2.2.4 Abbreviations
2.2.5 Units and Currency Conversions
3. Research Methodology
3.1 Primary Research Surveys
3.2 Secondary Data Sources
3.3 Data Triangulation
3.4 Forecast Methodology
3.5 Assumptions and Limitations
4. Introduction to Global Compound Semiconductor Materials Market in 2025
4.1 Industry Panorama
4.2 Leading Companies Profiled in the Study
4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
4.4 Market Dynamics
4.4.1 Market Dynamics- Trends and Drivers
4.4.2 Market Dynamics- Opportunities and Challenges
4.5 Regional Analysis
4.6 Porter’s Five Force Analysis
4.6.1 Intensity of Competitive Rivalry
4.6.2 Threat of New Entrants
4.6.3 Threat of Substitutes
4.6.4 Bargaining Power of Buyers
4.6.5 Bargaining Power of Suppliers
4.7 Compound Semiconductor Materials Industry Value Chain Analysis
4.7.1 Stage of Value Chain
4.7.2 Key Activities of Companies
4.7.3 Companies Included in Each Stage
4.7.4 Key Insights
5. Compound Semiconductor Materials Market Outlook to 2032
5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
By Product
Group IV-IV
Group III-V
Group II-VI
By Application
Electronics & Consumer Goods
Aerospace & Defense
Telecommunication
Others
6. Global Compound Semiconductor Materials Market Outlook across Growth Scenarios
6.1 Low Growth Scenario
6.2 Base/Reference Case
6.3 High Growth Scenario
6. North America Compound Semiconductor Materials Market Size Outlook
6.1 Key Market Statistics, 2024
6.2 North America Compound Semiconductor Materials Market Trends and Growth Opportunities
6.2.1 North America Compound Semiconductor Materials Market Outlook by Type
6.2.2 North America Compound Semiconductor Materials Market Outlook by Application
6.3 North America Compound Semiconductor Materials Market Outlook by Country
6.3.1 The US Compound Semiconductor Materials Market Outlook, 2021- 2032
6.3.2 Canada Compound Semiconductor Materials Market Outlook, 2021- 2032
6.3.3 Mexico Compound Semiconductor Materials Market Outlook, 2021- 2032
7. Europe Compound Semiconductor Materials Market Size Outlook
7.1 Key Market Statistics, 2024
7.2 Europe Compound Semiconductor Materials Market Trends and Growth Opportunities
7.2.1 Europe Compound Semiconductor Materials Market Outlook by Type
7.2.2 Europe Compound Semiconductor Materials Market Outlook by Application
7.3 Europe Compound Semiconductor Materials Market Outlook by Country
7.3.2 Germany Compound Semiconductor Materials Market Outlook, 2021- 2032
7.3.3 France Compound Semiconductor Materials Market Outlook, 2021- 2032
7.3.4 The UK Compound Semiconductor Materials Market Outlook, 2021- 2032
7.3.5 Spain Compound Semiconductor Materials Market Outlook, 2021- 2032
7.3.6 Italy Compound Semiconductor Materials Market Outlook, 2021- 2032
7.3.7 Russia Compound Semiconductor Materials Market Outlook, 2021- 2032
7.3.8 Rest of Europe Compound Semiconductor Materials Market Outlook, 2021- 2032
8. Asia Pacific Compound Semiconductor Materials Market Size Outlook
8.1 Key Market Statistics, 2024
8.2 Asia Pacific Compound Semiconductor Materials Market Trends and Growth Opportunities
8.2.1 Asia Pacific Compound Semiconductor Materials Market Outlook by Type
8.2.2 Asia Pacific Compound Semiconductor Materials Market Outlook by Application
8.3 Asia Pacific Compound Semiconductor Materials Market Outlook by Country
8.3.1 China Compound Semiconductor Materials Market Outlook, 2021- 2032
8.3.2 India Compound Semiconductor Materials Market Outlook, 2021- 2032
8.3.3 Japan Compound Semiconductor Materials Market Outlook, 2021- 2032
8.3.4 South Korea Compound Semiconductor Materials Market Outlook, 2021- 2032
8.3.5 Australia Compound Semiconductor Materials Market Outlook, 2021- 2032
8.3.6 South East Asia Compound Semiconductor Materials Market Outlook, 2021- 2032
8.3.7 Rest of Asia Pacific Compound Semiconductor Materials Market Outlook, 2021- 2032
9. South America Compound Semiconductor Materials Market Size Outlook
9.1 Key Market Statistics, 2024
9.2 South America Compound Semiconductor Materials Market Trends and Growth Opportunities
9.2.1 South America Compound Semiconductor Materials Market Outlook by Type
9.2.2 South America Compound Semiconductor Materials Market Outlook by Application
9.3 South America Compound Semiconductor Materials Market Outlook by Country
9.3.1 Brazil Compound Semiconductor Materials Market Outlook, 2021- 2032
9.3.2 Argentina Compound Semiconductor Materials Market Outlook, 2021- 2032
9.3.3 Rest of South and Central America Compound Semiconductor Materials Market Outlook, 2021- 2032
10. Middle East and Africa Compound Semiconductor Materials Market Size Outlook
10.1 Key Market Statistics, 2024
10.2 Middle East and Africa Compound Semiconductor Materials Market Trends and Growth Opportunities
10.2.1 Middle East and Africa Compound Semiconductor Materials Market Outlook by Type
10.2.2 Middle East and Africa Compound Semiconductor Materials Market Outlook by Application
10.3 Middle East and Africa Compound Semiconductor Materials Market Outlook by Country
10.3.1 Saudi Arabia Compound Semiconductor Materials Market Outlook, 2021- 2032
10.3.2 The UAE Compound Semiconductor Materials Market Outlook, 2021- 2032
10.3.3 Rest of Middle East Compound Semiconductor Materials Market Outlook, 2021- 2032
10.3.4 South Africa Compound Semiconductor Materials Market Outlook, 2021- 2032
10.3.5 Egypt Compound Semiconductor Materials Market Outlook, 2021- 2032
10.3.6 Rest of Africa Compound Semiconductor Materials Market Outlook, 2021- 2032
11. Company Profiles
11.1 Leading 10 Companies
Freiberger Compound Materials GmbH
Furukawa Co. Ltd
IQE PLC
JX Nippon Mining & Metals Corp
Shin-Etsu Chemical Co. Ltd
Showa Denko K.K.
SK Siltron Co. Ltd
Sumitomo Electric Industries Ltd
WIN Semiconductors Corp
Xiamen Powerway Advanced Material Co. Ltd
11.2 Overview
11.3 Products and Services
11.4 SWOT Profile
12. Appendix
12.1 Subscription Options
12.2 Customization Options
12.3 Publisher Details
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