COVID-19 Impacts: Compound Semiconductor Market Will Accelerate at a CAGR of Over 6% Through 2020-2024 | Demand for Enhanced Power Density to Boost Growth | Technavio - Business

Technavio has announced its latest market research report titled Global Compound Semiconductor Market 2020-2024

Updated 19 minutes ago

LONDON–(BUSINESS WIRE)–Aug 19, 2020–

Technavio has been monitoring the compound semiconductor market and it is poised to grow by USD 11.74 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Compound Semiconductor Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Broadcom Inc., Cree Inc., Infineon Technologies AG, Nichia Corp., NXP Semiconductors NV, Qorvo Inc., Samsung Electronics Co. Ltd., Skyworks Solutions Inc., STMicroelectronics NV, and Texas Instruments Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Demand for enhanced power density has been instrumental in driving the growth of the market. However, high production costs might hamper the market growth.

Compound Semiconductor Market 2020-2024: Segmentation

Compound Semiconductor Market is segmented as below:

End-user
- Consumer Electronics
- Communications
- Defense And Aerospace
- Automotive
- Others
Geography
- APAC
- North America
- Europe
- South America
- MEA
Type

To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR44692

Compound Semiconductor Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our compound semiconductor market report covers the following areas:

Compound Semiconductor Market size
Compound Semiconductor Market trends
Compound Semiconductor Market industry analysis

This study identifies the growing adoption of EVs and HEVs as one of the prime reasons driving the compound semiconductor market growth during the next few years.

Compound Semiconductor Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the compound semiconductor market, including some of the vendors such as Broadcom Inc., Cree Inc., Infineon Technologies AG, Nichia Corp., NXP Semiconductors NV, Qorvo Inc., Samsung Electronics Co. Ltd., Skyworks Solutions Inc., STMicroelectronics NV, and Texas Instruments Inc. Backed with competitive intelligence and benchmarking, our research reports on the Compound Semiconductor Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

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Compound Semiconductor Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist compound semiconductor market growth during the next five years
Estimation of the compound semiconductor market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the compound semiconductor market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of compound semiconductor market vendors

Table Of Contents :

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by End-user

Market segments
Comparison by End-user
Consumer electronics – Market size and forecast 2019-2024
Communications – Market size and forecast 2019-2024
Defense and aerospace – Market size and forecast 2019-2024
Automotive – Market size and forecast 2019-2024
Others – Market size and forecast 2019-2024
Market opportunity by End-user

Market Segmentation by Type

Market segments
Comparison by Type
GaAs – Market size and forecast 2019-2024
GaN – Market size and forecast 2019-2024
SiC – Market size and forecast 2019-2024
Others – Market size and forecast 2019-2024
Market opportunity by Type

Customer Landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC – Market size and forecast 2019-2024
North America – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume drivers – Demand led growth
Market challenges
Market trends

Vendor Landscape

Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Broadcom Inc.
Cree Inc.
Infineon Technologies AG
Nichia Corp.
NXP Semiconductors NV
Qorvo Inc.
Samsung Electronics Co. Ltd.
Skyworks Solutions Inc.
STMicroelectronics NV
Texas Instruments Inc.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR

SOURCE: Technavio Research

PUB: 08/19/2020 01:00 PM/DISC: 08/19/2020 01:01 PM