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Epitaxial Wafer Market For Compound Semiconductor By Application (CS Power Electronics, CS RF/Microwave, CS Photonics, CS Sensing, and CS Quantum) and End User (Digital Economy, Industrial and Energy & Power, Defense/Security, Transport, Consumer Electronics, Healthcare, and Space): Global Opportunity Analysis and Industry Forecast, 2020–2027

A06819
Pages: 201
Aug 2020 | 246 Views
 
Author(s) : Asavari Patil
Tables: 79
Charts: 58
 

COVID-19

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Epitaxial Wafer Market Outlook For Compound Semiconductor – 2027 

The global epitaxial wafer market size for compound semiconductor was valued at $2.65 billion in 2019, and is projected to reach $7.27 billion by 2027, growing at a CAGR of 13.2% from 2020 to 2027. A compound semiconductor epitaxial wafer is made up of epitaxial growth (epitaxy) to be used in photonics, microelectronics, spintronics, and photovoltaic among others. Compound semiconductor epitaxial wafer provides faster switching at high power with increased energy efficiency and promotes improved performances. 

COVID 19 scenario to impact Digital Economy segment in Epitaxial Wafer Market for Compound Semiconductor positively

Epitaxial-Wafer-Market-for-Compound-Semiconductor-2020-2027

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Epitaxial wafer is manufactured by adding multi-micrometer thick single silicon carbide crystal layers on top of a polished wafer. Precise control of thickness, carrier concentration, and defect density is required to enable its seamless production. The epitaxial layers define the wireless, photonic, and electronic performance of compound semiconductor epitaxial wafers, which are then processed to produce the chips and ICs, which can be found in various technology devices and gadgets globally.

A compound semiconductor is a semiconductor composed of elements from two or more different groups of the periodic table, and is synthesized using deposition technologies. Devices made of semiconductors are essential components of most electronic circuits, as they possess unique properties such as wide band gap, high operational temperatures, high current & voltage holding capacity, and ability to generate microwave signals.

Compound semiconductors offer important performance benefits that are totally crucial for a growing range of technology applications. Compound semiconductors made using GaAs and InP materials can operate at higher speeds than silicon. In addition, compound semiconductors can generate and receive a broad range of the electromagnetic spectrum from high frequency ultraviolet through the visible spectrum to long wavelength infrared light. Compound semiconductor materials can emit and sense light in the form of general lighting (LEDs) and communications (lasers and receivers for fiber-optics), which is another important feature of these products.

The value chain of the compound semiconductor market includes various stockholders that implement unique activities to add value to the compound semiconductor technology. These activities can be further bifurcated into primary and secondary activities. The tasks of raw material suppliers, manufacturers, alignment & testing department, and end users are considered under primary activities. 

Secondary activities include supporting functions such as workings of R&D department and procurement department. The activities described in the value chain clarify the contributions made by each stakeholder at different levels. The manufacturing process involves the process of developing the epitaxial wafers. This process utilizes the various semiconductor materials and converts them into advanced epitaxial wafers of compound semiconductors for wireless, optoelectronic, electronic, and solar devices.

Factors such as advantage of compound semiconductor wafers over silicon-based wafers, increase in demand for compound semiconductor epitaxial wafer in consumer electronics, and emerging trends toward wafers in automotive industry are major factors that drive the epitaxial wafer market growth for compound semiconductor to a certain extent. However, increase in cost of wafer manufacturing is expected to pose a major threat to the epitaxial wafer industry for compound semiconductor globally. However, emerging usage of compound semiconductors in smart technologies and increasing popularity of IoT in wafers is expected to provide lucrative opportunities to the market growth globally.

Epitaxial Wafer Market
By Application

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Compound Semiconductor Power Electronics segment is projected to be the most lucrative segment

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The global epitaxial wafer market for compound semiconductor is segmented on the basis of application, end use, and region. On the basis of application, the epitaxial wafer market for compound semiconductor is analyzed across CS power electronics, CS RF/Microwave, CS Photonics, CS Sensing, and CS Quantum. The CS power electronics segment dominated the epitaxial wafer market for compound semiconductor in terms of revenue in 2019 and is expected to follow the same trend during the forecast period. 

Epitaxial Wafer Market
By End User

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Industrial and Energy & Power segment will secure the leading position throughout the forecast period

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By end user, the market is studies across digital economy, industrial and energy & power, defense/security, transport, consumer electronics, healthcare, and space. The industrial and energy & power segment accounted for the highest market share in 2019, whereas the digital economy segment is expected to grow at the highest CAGR from 2020 to 2027. By region, the epitaxial wafer market trends for compound semiconductor are analyzed across the U.S., the UK, China, and rest of the world. 

Epitaxial Wafer Market
By Country

2027
Rest Of World 
Us
Uk
China

China would exhibit the highest CAGR of 16.0% during 2020-2027

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The ongoing COVID-19 pandemic has abruptly re-shaped the global economy. Sudden decline in infrastructure development and installation projects is expected to hamper the epitaxial wafer market for compound semiconductor for automotive, industrial and energy & power industry verticals. The global economy has experienced surge in demand for cloud/datacenter services and cloud infrastructure to support distributed workforce. Growing adoption of 5G networking by corporate individuals due to growing online presence has been placed as a national priority and is opportunistic for the market. 

However, slowdown in productions by OEMs, and reduction in demand for mobile phones and other consumer electronics has slightly pulled down the market for compound semiconductors. Shortages of critical components and materials have significantly impacted the global supply chains. In addition, reductions in various capital budgets and delay in various planned projects in various end-use industries have hampered the global economy.

Top Impacting Factors

The most prominent factors that drive the epitaxial wafer market growth for compound semiconductor are advantage of compound semiconductor wafers over silicon-based wafers, increasing demand for compound semiconductor epitaxial wafer in consumer electronics, and emerging trends toward wafers in automotive industry. However, increase in cost of wafer manufacturing acts as the major barrier for early adoption; thereby, hampering the growth of the market. 

On the contrary, emerging usage of compound semiconductors in smart technologies and increasing popularity of IoT in wafers are the factors anticipated to provide lucrative opportunities for the growth of the epitaxial wafer market for compound semiconductor. Each of these factors is anticipated to have a definite impact on the epitaxial wafer market for compound semiconductor during the forecast period. 

Competitive Analysis

Competitive analysis and profiles of the major epitaxial wafer market for compound semiconductor players, such as II-VI Incorporated, Cree Inc., Epistar Corporation, GLC Semiconductor Group, Intelligent Epitaxy Technology Inc., IQE PLC, Masimo Semiconductor, Nichia Corporation, SK Siltron Co., Ltd., and Sumitomo Electric Industries Ltd. are provided in this report. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration and strengthen their position in the industry. 

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global epitaxial wafer market size for compound semiconductor along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall epitaxial wafer market analysis for compound semiconductor is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current epitaxial wafer market forecast for compound semiconductor is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and the epitaxial wafer market share for compound semiconductor of key vendors.

Epitaxial Wafer Market For Compound Semiconductor Key Segments

By Application

  • Compound Semiconductor Power Electronics
  • Compound Semiconductor RF/Microwave
  • Compound Semiconductor Photonics
  • Compound Semiconductor Sensing
  • Compound Semiconductor Quantum 

By End User

  • Digital Economy
  • Industrial and Energy & Power
  • Defense/Security
  • Transport
  • Consumer Electronics
  • Healthcare
  • Space

By Region

  • U.S.
  • UK
  • China 
  • Rest of the World

Key Market Players

  • II-VI Incorporated
  • Cree Inc.
  • Epistar Corporation
  • GLC Semiconductor Group
  • Intelligent Epitaxy Technology Inc.
  • IQE PLC
  • Masimo Semiconductor
  • Nichia Corporation
  • SK Siltron Co. Ltd.
  • Sumitomo Electric Industries Ltd. 
 

Chapter 1:Introduction

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

Chapter 2:Executive summary

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

Chapter 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping compound semiconductor epitaxial wafer market
3.3.Covid-19 impact analysis

3.3.1.COVID-19 Outbreak
3.3.2.Impact on market size
3.3.3.End user trends, preferences, and budget impact
3.3.4.Parent industry impact
3.3.5.Opportunity window
3.3.6.Top winning strategies

3.4.Key player positioning (2019)
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Advantage of compound semiconductor epitaxial wafer over silicon wafers
3.5.1.2.Increasing demand for compound semiconductor  epitaxial wafer in LED technology
3.5.1.3.Emerging trends towards semiconductor wafers in automotive industry

3.5.2.Restraint

3.5.2.1.Increasing in cost of wafer manufacturing

3.5.3.Opportunity

3.5.3.1.Emerging usage of  compound semiconductors in smart technologies
3.5.3.2.Increasing popularity of  IoT in wafer manufacturing

Chapter 4:Compound semiconductor epitaxial wafer market, BY Application

4.1.Overview
4.2.CS Power Electronics

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market size and forecast, by end user
4.2.4.Market analysis by country

4.3.CS RF/Microwave

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market size and forecast, by end user
4.3.4.Market analysis by country

4.4.CS Photonics

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market size and forecast, by end user
4.4.4.Market analysis by country

4.5.CS Sensing

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market size and forecast, by end user
4.5.4.Market analysis by country

4.6.CS Quantum

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market size and forecast, by end user
4.6.4.Market analysis by country

Chapter 5:EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY End Use

5.1.Overview
5.2.Digital Economy

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country

5.3.Industrial and Energy & Power

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country

5.4.Defense/Security

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country

5.5.Transport

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis by country

5.6.Consumer Electronics

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis by country

5.7.Healthcare

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis by country

5.8.Space

5.8.1.Key market trends, growth factors, and opportunities
5.8.2.Market size and forecast, by region
5.8.3.Market analysis by country

Chapter 6:EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY Region

6.1.Overview

6.1.1.1.U.S.

6.1.1.1.1.Market size and forecast, by Application
6.1.1.1.2.Market size and forecast, by end user
6.1.1.1.3.Market size and forecast, application by end user

6.1.1.2.UK

6.1.1.2.1.Market size and forecast, by Application
6.1.1.2.2.Market size and forecast, by end user
6.1.1.2.3.Market size and forecast, application by end user

6.1.1.3.China

6.1.1.3.1.Market size and forecast, by Application
6.1.1.3.2.Market size and forecast, by end user
6.1.1.3.3.Market size and forecast, application by end user

6.1.1.4.Rest of the World

6.1.1.4.1.Market size and forecast, by Application
6.1.1.4.2.Market size and forecast, by end user
6.1.1.4.3.Market size and forecast, application by end user

Chapter 7:Company profiles

7.1.II-VI Incorporated

7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.R&D Expenditure
7.1.6.Business performance
7.1.7.Key strategic moves and developments

7.2.CREE, INC.

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Operating business segments
7.2.4.Product portfolio
7.2.5.R&D Expenditure
7.2.6.Business performance
7.2.7.Key strategic moves and developments

7.3.EPISTAR Corporation

7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Operating business segments
7.3.4.Product portfolio
7.3.5.R&D Expenditure
7.3.6.Business performance

7.4.GLOBAL COMMUNICATION SEMICONDUCTORS, LLC

7.4.1.Company overview
7.4.2.Key Executives
7.4.3.Company snapshot
7.4.4.Product portfolio
7.4.5.Business performance

7.5.Intelligent Epitaxy Technology, Inc. (IntelliEPI)

7.5.1.Company overview
7.5.2.Company snapshot
7.5.4.Product portfolio
7.5.5.R&D Expenditure
7.5.6.Business performance
7.5.7.Key strategic moves and developments

7.6.International Quantum Epitaxy Plc.

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Operating business segments
7.6.4.Product portfolio
7.6.5.Business performance
7.6.6.Key strategic moves and developments

7.7.Masimo Semiconductor, Inc.

7.7.1.Company overview
7.7.2.Company snapshot
7.7.4.Product portfolio
7.7.5.Key strategic moves and developments

7.8.NICHIA CORPORATION

7.8.1.Company overview
7.8.2.Key Executive
7.8.3.Company snapshot
7.8.4.Product portfolio
7.8.5.Key strategic moves and developments

7.9.SK SILTRONIC

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Product portfolio
7.9.4.R&D Expenditure
7.9.5.Business performance

7.10.Sumitomo Electric Industries, Ltd.

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Operating business segments
7.10.4.Product portfolio
7.10.5.Business performance
7.10.6.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY APPLICATION, 2019–2027($MILLION)
TABLE 02.POWER ELECTRONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY REGION, 2019–2027($MILLION)
TABLE 03.POWER ELECTRONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 04.RF/MICROWAVE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY REGION, 2019–2027($MILLION)
TABLE 05.RF/MICROWAVE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 06.PHOTONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY REGION, 2019–2027($MILLION)
TABLE 07.PHOTONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 08.SENSING EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY REGION, 2019–2027($MILLION)
TABLE 09.SENSING EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 10.QUANTUM EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY REGION, 2019–2027($MILLION)
TABLE 11.QUANTUM EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 12.GLOBAL EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 13.EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN DIGITAL ECONOMY, BY REGION, 2019–2027($MILLION)
TABLE 14.EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN INDUSTRIAL AND ENERGY & POWER, BY REGION, 2019–2027($MILLION)
TABLE 15.EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN DEFENSE/SECURITY, BY REGION, 2019–2027($MILLION)
TABLE 16.EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN TRANSPORT, BY REGION, 2019–2027($MILLION)
TABLE 17.EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN CONSUMER ELECTRONICS, BY REGION, 2019–2027($MILLION)
TABLE 18.EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN HEALTHCARE, BY REGION, 2019–2027($MILLION)
TABLE 19.EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN SPACE, BY REGION, 2019–2027($MILLION)
TABLE 20.U.S. EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY APPLICATION, 2019–2027($MILLION)
TABLE 21.U.S. EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 22.U.S. POWER ELECTRONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 23.U.S. RF/MICROWAVE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 24.U.S. PHOTONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 25.U.S. SENSING EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 26.U.S. QUANTUM EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 27.UK EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY APPLICATION, 2019–2027($MILLION)
TABLE 28.UK EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 29.UK POWER ELECTRONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 30.UK RF/MICROWAVE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 31.UK PHOTONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 32.UK SENSING EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 33.UK QUANTUM EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 34.CHINA EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY APPLICATION, 2019–2027($MILLION)
TABLE 35.CHINA EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 36.CHINA POWER ELECTRONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 37.CHINA RF/MICROWAVE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 38.CHINA PHOTONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 39.CHINA SENSING EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 40.CHINA QUANTUM EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 41.REST OF THE WORLD EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY APPLICATION, 2019–2027($MILLION)
TABLE 42.REST OF THE WORLD EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 43.REST OF THE WORLD POWER ELECTRONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 44.REST OF THE WORLD RF/MICROWAVE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 45.REST OF THE WORLD PHOTONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 46.REST OF THE WORLD SENSING EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 47.REST OF THE WORLD QUANTUM EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2019–2027($MILLION)
TABLE 48.II-VI INCORPORATED: COMPANY SNAPSHOT
TABLE 49.II-VI INCORPORATED: OPERATING SEGMENTS
TABLE 50.II-VI INCORPORATED: PRODUCT PORTFOLIO
TABLE 51.II-VI INCORPORATED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 52.CREE, INC.: COMPANY SNAPSHOT
TABLE 53.CREE, INC.: OPERATING SEGMENTS
TABLE 54.CREE, INC.: PRODUCT PORTFOLIO
TABLE 55.CREE, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 56.EPISTAR CORPORATION: COMPANY SNAPSHOT
TABLE 57.EPISTAR CORPORATION: PRODUCT PORTFOLIO
TABLE 58.GLOBAL COMMUNICATION SEMICONDUCTORS, LLC: KEY EXECUTIVES
TABLE 59.GLOBAL COMMUNICATION SEMICONDUCTORS, LLC: COMPANY SNAPSHOT
TABLE 60.GLOBAL COMMUNICATION SEMICONDUCTORS, LLC: PRODUCT PORTFOLIO
TABLE 61.INTELLIGENT EPITAXY TECHNOLOGY, INC. (INTELLIEPI): COMPANY SNAPSHOT
TABLE 62.INTELLIGENT EPITAXY TECHNOLOGY, INC. (INTELLIEPI): PRODUCT PORTFOLIO
TABLE 63.CREE, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 64.INTERNATIONAL QUANTUM EPITAXY PLC.: COMPANY SNAPSHOT
TABLE 65.INTERNATIONAL QUANTUM EPITAXY PLC.: OPERATING SEGMENTS
TABLE 66.INTERNATIONAL QUANTUM EPITAXY PLC.: PRODUCT PORTFOLIO
TABLE 67.INTERNATIONAL QUANTUM EPITAXY PLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 68.MASIMO SEMICONDUCTOR, INC.: COMPANY SNAPSHOT
TABLE 69.MASIMO SEMICONDUCTOR, INC.: PRODUCT PORTFOLIO
TABLE 70.MASIMO SEMICONDUCTOR, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 71.NICHIA CORPORATION: KEY EXECUTIVES
TABLE 72.NICHIA CORPORATION: COMPANY SNAPSHOT
TABLE 73.NICHIA CORPORATION: PRODUCT PORTFOLIO
TABLE 74.SILTRONIC AG: COMPANY SNAPSHOT
TABLE 75.SILTRONIC: PRODUCT PORTFOLIO
TABLE 76.SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY SNAPSHOT
TABLE 77.SUMITOMO ELECTRIC INDUSTRIES, LTD.: OPERATING SEGMENTS
TABLE 78.SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCT PORTFOLIO
TABLE 79.SUMITOMO ELECTRIC INDUSTRIES, LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.HIGH THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.TOP WINNING STRATEGIES, BY YEAR, 2018–2020
FIGURE 12.TOP WINNING STRATEGIES, BY YEAR, 2018–2020
FIGURE 13.TOP WINNING STRATEGIES, BY COMPANY, 2018–2020
FIGURE 14.KEY PLAYER POSITIONING (2019)
FIGURE 15.GLOBAL COMPOUND SEMICONDUCTOR EPITAXIAL WAFER MARKET, BY APPLICATION, 2020–2027
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF POWER ELECTRONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF RF/MICROWAVE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF PHOTONICS EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF SENSING EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF QUANTUM EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.GLOBAL EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY END USER, 2020–2027
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN DIGITAL ECONOMY, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN INDUSTRIAL AND ENERGY & POWER, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN DEFENSE/SECURITY, BY COUNTRY,  2019 & 2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF SHARE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN TRANSPORT, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF SHARE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN CONSUMER ELECTRONICS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF SHARE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN HEALTHCARE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF SHARE EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR IN SPACE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 29.GLOBAL EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, BY REGION, 2020–2027
FIGURE 30.U.S. EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, 2019–2027($MILLION)
FIGURE 31.UK EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, 2019–2027($MILLION)
FIGURE 32.CHINA EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, 2019–2027($MILLION)
FIGURE 33.REST OF THE WORLD EPITAXIAL WAFER MARKET FOR COMPOUND SEMICONDUCTOR, 2019–2027($MILLION)
FIGURE 34.II-VI INCORPORATED: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 35.II-VI INCORPORATED: REVENUE, 2017–2019 ($MILLION)
FIGURE 36.II-VI INCORPORATED: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 37.II-VI INCORPORATED: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 38.CREE, INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 39.CREE, INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 40.CREE, INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 41.CREE, INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 42.EPISTAR CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 43.EPISTAR CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 44.EPISTAR CORPORATION: REVENUE SHARE BY PRODUCT, 2018 (%)
FIGURE 45.EPISTAR CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 46.GLOBAL COMMUNICATION SEMICONDUCTORS, LLC: NET SALES, 2017–2019 ($MILLION)
FIGURE 47.INTELLIGENT EPITAXY TECHNOLOGY, INC. (INTELLIEPI): R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 48.INTELLIGENT EPITAXY TECHNOLOGY, INC. (INTELLIEPI): REVENUE, 2017–2019 ($MILLION)
FIGURE 49.INTELLIGENT EPITAXY TECHNOLOGY, INC. (INTELLIEPI): REVENUE SHARE BY REGION, 2019 (%)
FIGURE 50.INTERNATIONAL QUANTUM EPITAXY PLC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 51.INTERNATIONAL QUANTUM EPITAXY PLC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 52.INTERNATIONAL QUANTUM EPITAXY PLC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 53.R&D EXPENDITURE, 2016–2018($MILLION)
FIGURE 54.SILTRONIC: REVENUE, 2016–2018 ($MILLION)
FIGURE 55.SILTRONIC: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 56.SUMITOMO ELECTRIC INDUSTRIES, LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 57.SUMITOMO ELECTRIC INDUSTRIES, LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 58.SUMITOMO ELECTRIC INDUSTRIES, LTD.: REVENUE SHARE BY REGION, 2019 (%)

 
 

The epitaxial wafer market for compound semiconductor holds a substantial scope for growth in the global market. Currently, it is in its growing stage, however, its contribution to the global market is expected to witness significant growth within the next six years. High cost associated with wafer manufacturing is a major limitation for the market growth.

However, recent innovations, which embed high efficiency and innovative features in smart devices, have enabled the technology to reach a wider audience base. Numerous players are entering the compound semiconductor epitaxial wafer market with innovative products. Emerging development in IoT and growth of autonomous products are expected to drive the market growth in the future.

The epitaxial wafer market for compound semiconductor holds high potential in the Industrial, transport, consumer electronics, and healthcare sector. The current business scenario experiences rapid development in smart transport and connectivity leading to the readiness to adopt smart sensors, particularly in the developed and the developing countries such as the U.S., China, the UK, and others.

Companies in this industry adopt various innovative techniques to provide customers with advanced and innovative features. Moreover, increase in defense budget globally is the major factor that fuels the growth of the market. Furthermore, incorporation of compound semiconductor devices in electronic warfare and advanced RADARs boost the growth of the market.

 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The Epitaxial Wafer Market For Compound Semiconductor is expected to reach at a CAGR of 13.2% from 2020 to 2027.

A. The Epitaxial Wafer Market For Compound Semiconductor is projected to reach $7.27 billion by 2027.

A. To get the latest version of sample report

A. Advantage of compound semiconductor wafers over silicon-based wafers, increasing demand in consumer electronics and automotive industry boosts the growth of Epitaxial Wafer Market For Compound Semiconductor.

A. The key players profiled in the report include II-VI Incorporated, Cree Inc., Epistar Corporation, GLC Semiconductor Group, Intelligent Epitaxy Technology Inc., IQE PLC, Masimo Semiconductor, and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Epitaxial Wafer Market For Compound Semiconductor is segmented on the basis of application, end use, and region.

A. The key growth strategies of Epitaxial Wafer Market Players For Compound Semiconductor include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. Compound Semiconductor Sensing segment would exhibit the highest CAGR of 16.3% during 2020-2027.

A. Industrial and Energy & Power segment will secure the leading position throughout the forecast period.

 

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