Global Markets and Technologies for Compound Semiconductors
Global sales from compound semiconductor components totaled nearly $25.5 billion in 2011 and should surpass $27 billion in 2012. Total sales are expected to reach nearly $47.5 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 11.9%.
The report measures and forecasts the size of the market in current U.S. dollars as well as in millions of shipment units for components that contain compound semiconductors as primary parts. This report also measures and forecasts dollar sales of compound semiconductor materials from 2012 through 2017.
The report forecasts the market size for the following:
- Individual compound semiconductor components such as lasers and optical components; LEDs; RF power amplifier and front-end chipsets; and solar/PV cells and panels. It should be noted that in solar panel shipments one square meter of the panel is considered to be a unit. It also should be noted that the component market sizes in this report do not reflect the total market for such components, but only those portions that contain compound semiconductors as primary parts.
- The above forecasts are classified in terms of vertical end applications, geographical regions, compound semiconductor families, and countries on volume and value bases; in terms of value chain contributors on a value basis; and in terms of individual key compound semiconductors on a value basis.
- Additionally, the report forecasts the sales of compound semiconductor family materials for each of the individual compound semiconductor components.
The Executive Summary provides a snapshot of key findings of the report.
The chapter on theory of compound semiconductors highlights important technology concepts behind compound semiconductors. It also introduces the reader to the various categories and types of compound semiconductor materials and components, as well as manufacturing and fabrication technologies.
The chapter on global markets for compound semiconductor components provides a thorough breakdown of the market for compound semiconductor materials and components. The breakdown focuses on the components that employ compound semiconductors as primary parts. This chapter also provides a comprehensive, quantitative view of the compound semiconductor material and component market.
The chapter on regional analysis for the Americas presents an overview of the region and the overall market metrics, followed by analyses of individual major countries such as the U.S., Brazil, Canada and Mexico.
The chapter on regional analysis for EMEA presents an overview of the region and the overall market metrics, followed by analyses of individual major countries such as Germany, France, U.K., Spain, Italy, Russia, the Netherlands and Turkey.
The chapter on regional analysis for APAC presents an overview of the region and the overall market metrics, followed by analyses of individual major countries such as China, Japan, India, South Korea and Indonesia.
The chapter on stakeholders highlights stakeholder categories and analyzes the activities in this domain. It also clarifies where and how stakeholders fit in the larger picture.
The U.S. Patent Analysis chapter highlights the patenting activity underway in the area of compound semiconductor components. The chapter classifies the patents awarded according to categories such as LEDs, lasers and optical components, solar panels, and RF power amplifier and front-end chipsets.
Kaustubha Parkhi has worked in a broad range of functional roles with leading telecommunications operators and service providers such as Reliance Infocomm, Ramco Systems, and BPL Cellular. He has written on an array of telecommunications and electronics-related subjects based on his critical analysis of the underlying technology and its business impact. Kaustubha holds a Bachelor of Engineering (equivalent to a Bachelor of Science) in Electronics and Telecommunications and a Master of Business Administration in Systems.
- 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.
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.
Materials, as substrates and epitaxial grown wafers, account for only between 5% to 7% of the total revenue every year.
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.
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.