市場調查報告書
商品編碼
1451574
2024-2032 年化合物半導體市場報告(按類型、產品、沉積技術、應用和地區)Compound Semiconductor Market Report by Type, Product, Deposition Technology, Application, and Region 2024-2032 |
2023年全球化合物半導體市場規模達到1,177億美元。展望未來, IMARC Group預計到2032年市場規模將達到1,736億美元,2024-2032年複合年成長率(CAGR)為4.3%。對高速電子產品、5G 通訊擴展、節能設備、汽車進步、LED 照明採用以及物聯網和再生能源技術等新興應用的需求不斷成長,是推動市場的一些主要因素。
化合物半導體是一種由元素週期表中不同族的兩種或多種元素組成的半導體材料。與矽或鍺等由單一元素組成的元素半導體不同,化合物半導體結合不同的元素形成具有獨特電子特性的晶體結構。這些材料具有優越的電子遷移率、更寬的能能隙以及在特定應用(包括高頻裝置、光電子學和功率放大器)中增強的性能等優點。一些常見的化合物半導體包括砷化鎵 (GaAs)、磷化銦 (InP) 和氮化鎵 (GaN),每種半導體都因其可調特性而針對特定功能進行客製化。
對高速、高頻通訊系統不斷成長的需求以及 5G 網路的快速發展刺激了對化合物半導體的需求,主要推動了市場的成長。與此一致的是,對氮化鎵(GaN) 和砷化鎵(GaAs) 的需求不斷成長,這兩種材料在高功率、高頻應用中具有卓越的性能,這為市場擴張創造了積極的前景。此外,節能解決方案的日益突出推動了化合物半導體在電力電子領域的採用,從而促進了市場的成長。除此之外,光電子學的不斷擴大的應用,包括發光二極體(LED)、雷射和光電探測器,正在成為另一個重要的成長驅動力。磷化銦(InP)等化合物半導體促進了資料通訊、感測和成像技術的進步,從而有利於市場成長。此外,由於這些材料獨特的特性,這些材料在各個工業垂直領域的接受度不斷提高,促進了創新,從而促進了市場的成長。
高頻通訊和5G網路
對高速、大容量通訊系統的需求激增一直是化合物半導體的關鍵驅動力。隨著世界向 5G 網路部署過渡,這些半導體至關重要,因為它們能夠在高頻下高效運行,為市場擴張提供了利潤豐厚的機會。此外,相對於傳統元素半導體(包括因其固有特性而難以滿足高頻性能的矽),人們對氮化鎵(GaN)和砷化鎵(GaAs)等化合物半導體的偏好發生了轉變,這有助於於市場擴張。此外,由於其高電子遷移率和強大的功率處理能力,GaN 在 5G 基地台、雷達系統和衛星通訊設備中的應用不斷增加,這正在加強市場的成長。
電力電子和能源效率
對能源效率的日益重視和對再生能源的推動刺激了化合物半導體在電力電子領域的採用,從而推動了市場的成長。矽基半導體在高溫和高壓應用上有其限制。然而,碳化矽 (SiC) 等材料具有卓越的導熱性和擊穿電壓,可實現更有效率的能量轉換並降低功率損耗,從而推動市場向前發展。同時,為了最大限度地減少能源消耗並提高永續性,碳化矽在電動車(EV)、太陽能逆變器和工業馬達驅動器中的使用越來越多,這也促進了化合物半導體的成長。
光電子學和光子學的進步
光電子學的發展一直是化合物半導體(包括磷化銦(InP))的催化劑。基於 InP 的裝置具有卓越的光學特性,使其適用於從高速資料通訊到感測器和成像技術的各種應用,這反過來又為市場擴張創造了積極的前景。除此之外,InP基雷射和光電探測器是光通訊系統、資料中心和LiDAR(光探測和測距)等新興技術的重要組成部分,從而增加了它們的需求。除此之外,化合物半導體在 LED 和固態照明解決方案的開發中發揮著至關重要的作用,推動了各個領域的節能照明選擇。
The global compound semiconductor market size reached US$ 117.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 173.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.3% during 2024-2032. The rising demand for high-speed electronics, 5G communication expansion, power-efficient devices, automotive advancements, LED lighting adoption, and emerging applications, including IoT and renewable energy technologies, are some of the major factors propelling the market.
A compound semiconductor is a type of semiconductor material composed of two or more elements from different groups in the periodic table. Unlike elemental semiconductors such as silicon or germanium, which consist of a single element, compound semiconductors combine distinct elements to form a crystalline structure with unique electronic properties. These materials offer advantages such as superior electron mobility, wider energy bandgaps, and enhanced performance in specific applications, including high-frequency devices, optoelectronics, and power amplifiers. Some of the common compound semiconductors include gallium arsenide (GaAs), indium phosphide (InP), and gallium nitride (GaN), each tailored for specific functions due to their tunable properties.
The escalating demand for high-speed, high-frequency communication systems and the rapid evolution of 5G networks have spurred the need for compound semiconductors, primarily driving the market growth. In line with this, the rising demand for gallium nitride (GaN) and gallium arsenide (GaAs), which offer superior performance in high-power, high-frequency applications is creating a positive outlook for market expansion. Moreover, the growing prominence of energy-efficient solutions has driven the adoption of compound semiconductors in power electronics, bolstering the market growth. In addition to this, the expanding applications of optoelectronics, encompassing light emitting diodes (LEDs), lasers, and photodetectors, are acting as another significant growth-inducing driver. Compound semiconductors, such as indium phosphide (InP), facilitate advancements in data communication, sensing, and imaging technologies, thereby favoring the market growth. Furthermore, the rising acceptance of these materials across various industrial verticals, owing to their unique properties, fostering innovations is contributing to the market's growth.
High-frequency communication and 5G networks
The surge in demand for high-speed, high-capacity communication systems has been a pivotal driver for compound semiconductors. As the world transitions towards the deployment of 5G networks, these semiconductors are essential due to their ability to operate efficiently at high frequencies, presenting lucrative opportunities for market expansion. Additionally, the shifting preference for compound semiconductors, such as gallium nitride (GaN) and gallium arsenide (GaAs), over traditional elemental semiconductors, including silicon that struggle with high-frequency performance due to their intrinsic properties, is aiding in market expansion. Furthermore, the rising employment of GaN in 5G base stations, radar systems, and satellite communication equipment due to its high electron mobility and robust power handling capabilities is strengthening the market growth.
Power electronics and energy efficiency
The surging emphasis on energy efficiency and the drive towards renewable energy sources has spurred the adoption of compound semiconductors in power electronics, fueling the market growth. Silicon-based semiconductors have limitations in high-temperature and high-voltage applications. However, materials such as silicon carbide (SiC) offer superior thermal conductivity and breakdown voltage, enabling more efficient energy conversion and reduced power losses, which is propelling the market forward. Concurrent with this, the increasing use of SiC in electric vehicles (EVs), solar inverters, and industrial motor drives to minimize energy consumption and enhance sustainability is contributing to the bolstering growth of the compound semiconductor.
Optoelectronics and photonics advancements
The evolution of optoelectronics has been a catalyst for compound semiconductors, including indium phosphide (InP). InP-based devices have exceptional optical properties, making them suitable for applications ranging from high-speed data communication to sensors and imaging technologies, which, in turn, is creating a positive outlook for market expansion. Besides this, InP-based lasers and photodetectors are essential components in optical communication systems, data centers, and emerging technologies such as LiDAR (light detection and ranging), boosting their demand. In addition to this, compound semiconductors play a vital role in the development of LEDs and solid-state lighting solutions, driving energy-efficient lighting options across various sectors.
IMARC Group provides an analysis of the key trends in each segment of the global compound semiconductor market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type, product, deposition technology and application.
III-V Compound Semiconductor
Gallium Nitride
Gallium Phosphide
Gallium Arsenide
Indium Phosphide
Indium Antimonide
II-VI Compound Semiconductor
Cadmium Selenide
Cadmium Telluride
Zinc Selenide
Sapphire
IV-IV Compound Semiconductor
Others
III-V compound semiconductor dominates the market
The report has provided a detailed breakup and analysis of the market based on the type. This includes III-V compound semiconductor (gallium nitride, gallium phosphide, gallium arsenide, indium phosphide, and indium antimonide), II-VI compound semiconductor (cadmium selenide, cadmium telluride, and zinc selenide), sapphire, IV-IV compound semiconductor, and others. According to the report, III-V compound semiconductor represented the largest segment.
The demand for III-V compound semiconductors, including gallium nitride (GaN), gallium phosphide, gallium arsenide (GaAs), indium phosphide (InP), and indium antimonide, is propelled by their unique material properties that enable breakthroughs in niche applications. GaN's exceptional power handling capabilities are driving innovations in high-power electronics, RF amplifiers, and 5G infrastructure. GaAs' high electron mobility supports high-speed devices for wireless communication and aerospace applications, thereby impelling the market growth. Moreover, InP's superior optical properties make it vital for high-speed optical \communication systems, while InSb finds use in infrared detectors for thermal imaging. This demand underscores the pivotal role of III-V compound semiconductors in pushing the boundaries of performance in specialized domains.
Power Semiconductor
Transistor
Integrated Circuits
Diodes and Rectifiers
Others
Power semiconductor holds the largest share in the market
A detailed breakup and analysis of the market based on the product has also been provided in the report. This includes power semiconductor, transistor, integrated circuits, diodes and rectifiers, and others. According to the report, power semiconductor accounted for the largest market share.
The surging demand for power compound semiconductors, such as silicon carbide (SiC) and gallium nitride (GaN), due to their transformative impact on energy efficiency and power electronics is one of the main drivers of the market. Additionally, SiC's high thermal conductivity and breakdown voltage enhance energy conversion in electric vehicles, renewable energy systems, and industrial equipment. GaN's high electron mobility enables compact and efficient power supplies, contributing to smaller form factors in consumer electronics and electric vehicle charging systems. As industries seek enhanced performance, reduced energy losses, and greater power density, power compound semiconductors have emerged as crucial enablers, propelling their adoption across a spectrum of applications, aiding in market expansion.
Chemical Vapor Deposition
Molecular Beam Epitaxy
Hydride Vapor Phase Epitaxy
Ammonothermal
Atomic Layer Deposition
Others
Chemical vapor deposition dominates the market
The report has provided a detailed breakup and analysis of the market based on the deposition technology. This includes chemical vapor deposition, molecular beam epitaxy, hydride vapor phase epitaxy, ammonothermal, atomic layer deposition, and others. According to the report, chemical vapor deposition represented the largest segment.
Chemical vapor deposition (CVD) represents the biggest deposition technology in the compound semiconductor market due to several key factors. CVD offers exceptional uniformity and precision in depositing thin film materials, essential for high-quality compound semiconductors, which, in turn, is driving the market growth. Moreover, it supports a wide range of materials and is compatible with various substrates, making it a highly versatile method. Besides this, CVD's scalability and efficiency in mass production make it an attractive option for manufacturers, fulfilling the demand for compound semiconductors in various applications such as electronics, optoelectronics, and photovoltaics.
IT and Telecom
Aerospace and Defense
Automotive
Consumer Electronics
Healthcare
Industrial and Energy and Power
IT and telecom holds the largest share in the market
A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes IT and telecom, aerospace and defense, automotive, consumer electronics, healthcare, and industrial and energy and power. According to the report, IT and telecom accounted for the largest market share.
The utilization of compound semiconductors in the IT and telecom sector is propelled by their capacity to meet the escalating demand for high-speed data transmission, networking, and wireless communication. These materials, such as gallium nitride (GaN) and indium phosphide (InP), enable the creation of high-frequency, high-efficiency devices critical for 5G infrastructure, satellite communication, and broadband expansion, fueling their adoption across various applications across the IT and telecom industry. GaN's superior power handling characteristics enhance the performance of RF amplifiers and base stations, while InP's exceptional optical properties drive advancements in optical communication systems. As the sector continues to seek faster and more reliable connectivity, compound semiconductors play an integral role in enabling the next era of information exchange and digital transformation.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia Pacific exhibits a clear dominance, accounting for the largest compound semiconductor market share.
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.
The Asia Pacific compound semiconductor market is experiencing significant propulsion due to the region's robust manufacturing capabilities, rapid technological advancements, and burgeoning demand for cutting-edge electronics. Countries such as South Korea, Taiwan, China, and Japan have emerged as semiconductor powerhouses, fostering a competitive landscape for compound semiconductor production. In addition to this, the region's focus on consumer electronics, 5G network expansion, and automotive innovations is driving the adoption of compound semiconductors in applications ranging from high-frequency communication devices to power electronics. Additionally, strategic government initiatives and investments in research and development are bolstering the Asia Pacific's position as a key driver in shaping the global compound semiconductor market.
The competitive landscape of the global compound semiconductor market is marked by a dynamic interplay of established players and emerging contenders, fueled by technological advancements and market demands. Key industry leaders hold substantial market shares, leveraging their expertise in research, development, and manufacturing to offer a diverse range of compound semiconductor solutions. Moreover, collaborations and strategic acquisitions amplify their capabilities, expanding their product portfolios. At the same time, emerging companies are making strides in providing advanced deposition and manufacturing equipment critical for compound semiconductor production. The market's growth is also driven by the convergence of industries such as telecommunications, automotive, and energy, prompting traditional semiconductor giants to enter the domain, intensifying competition.
Infineon Technologies AG
Microchip Technology Inc.
Mitsubishi Electric Corporation
NXP Semiconductors N.V.
Onsemi
Qorvo Inc.
Renesas Electronics Corporation
STMicroelectronics
Texas Instruments Incorporated
WIN Semiconductors Corp.
Wolfspeed Inc.
In August 2022, Qorvo, Inc confirmed the release of the highest gain 100-watt L-band (1.2-1.4 GHz) compact solution. It is a GaN-on-SiC PAM aimed for commercial and defense radar applications that provides an integrated two-stage amplifier solution with enhanced efficiency. This exceptional performance cuts total system power usage dramatically.
In August 2022, Infineon Technologies AG entered into a multi-year supply agreement with II-VI Incorporated for wafers. This acquisition of additional access to this vital semiconductor material aims to meet the substantial increase in customer demand in this industry. Furthermore, the deal complements Infineon Technologies AG's approach to multi-sourcing and enhances the resilience of its supply chain.
In August 2022, Infineon Technologies AG and II-VI Incorporated signed a multi-year supply deal for SiC wafers to fulfill the significant rise in customer demand in this sector.