Zion Market Research Global Compound Semiconductor Market, 2016–2024 | Page 3

Compound Semiconductor Market
semiconductor materials are driven by the wireless technologies and optoelectronics
devices. Optoelectronic devices have the high demand for compound semiconductors
across the world. Increasing penetration of the wireless devices and mobile is the key factor
driving the global market. However, compatibility issues with regards to high-end materials
such as silicon may hinder the global market to some extent.
Global Compound Semiconductor Market: Segmentation
The global compound semiconductor market is fragmented based on type as III-V
compound semiconductors, II-VI compound semiconductors market, sapphire, IV-IV
compound semiconductors market, and others. III-V compound semiconductors are further
sub-segmented as indium antimonide, gallium phosphide, indium phosphide, gallium nitride,
and gallium arsenide. Based on products the global market is classified as diodes and
rectifiers, power semiconductor, integrated circuits, and transistors. Diodes and rectifiers are
further sub-segmented as a Schottky diode, PIN diode, and the zener diode. Moreover, the
global compound semiconductor market is segregated on the basis of applications, the
global market is segmented as medical applications, consumer electronics applications,
industrial, power, solar, and wind applications, ICT sector, automotive, and aerospace and
defense applications. Of these, industrial, power, solar, and wind applications are further
sub-segmented as motor drives, smart grid, photovoltaic inverters, and wind turbines and
wind power systems. Furthermore, the global compound semiconductor market is divided
based on technology as atomic layer deposition, molecular beam epitaxy, liquid phase
epitaxy, metal organic chemical vapor deposition, ammonothermal, and chemical vapor
deposition.