Report Highlights
- The global market for compound semiconductors is expected to increase from $16.0 billion in 2007 to $33.7 billion by the end of 2012, a compound annual growth rate (CAGR) of 17.3%.
- Wireless electronic devices have the largest share of the market, generating $5.7 billion in 2007. This is expected to reach $9.6 billion in 2012, for a CAGR of 10.8%.
- Solar cell applications are expected to grow at a CAGR of 85.0%, from $9.0 million in 2007 to an estimated $2.3 billion in 2012.
INTRODUCTION
Report Highlights
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Worldwide, the combined revenues of compound semiconductor-related products, including materials, components and subsystems, were about $13 billion in 2004. This market is projected to rise at a 17% average annual growth rate (AAGR) to nearly $30 billion by 2009.
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Materials, as substrates and epitaxial grown wafers, account for only between 5% to 7% of the total revenue every year.
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Components, such as discrete devices, integrated circuits (ICs), LED chips, etc., account for more than 50% of the total revenue. This category is projected to expand at an AAGR of 18% to exceed $16 billion in 2009.
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Multichip modules, LED arrays and subsystems account for about 35% of the total revenue and are expected to climb at an AAGR of 17% to $10 billion in 2009.
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