Single User License: $2685
Member Price: FREE
Use code SUMMER at checkout for 50% OFF
Already a member? Login to access this report free.
Report Highlights
- 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%.
- EMEA should have sales totaling nearly $8.5 billion in 2012 and nearly $16.4 billion in 2017, a CAGR of 14%.
- Germany region is expected to have sales worth nearly $2 billion in 2012 and $5.2 billion in 2017, a CAGR of 21.4%.
INTRODUCTION
Compound semiconductors have captured the attention of researchers, semiconductor device makers, and original equipment manufacturers (OEMs) for several years on account of their superior physical and chemical attributes in relation to silicon, the mainstream semiconductor material. The greatest value that they bring to the table is that of variety and customization. It is not surprising that compound semiconductors are the prime ingredients of some of the most complex semiconductor components ever synthesized.
Compound semiconductors occupy important places in the scheme of the manufacturing of lasers, optical components, light-emitting diodes (LEDs), filters, mixers, power amplifiers, solar panels, and other devices. The advantages that compound semiconductors offer are higher operating speed, lower power consumption, lower noise, higher operating temperature, light emission/detection, and superior photovoltaic attributes compared to silicon. Additionally, these attributes change from compound to compound, offering considerable design flexibility.
On the flip side, the variety of compounds works unfavorably in terms of scale and consequent pricing. Considering that these materials are pitted against silicon, the most widely available material with the most refined and cost-efficient fabrication process, there is a real danger of the competition being rendered lop-sided in favor of silicon.
However, it is not entirely accurate to compare and confine compound semiconductors to the benchmarks set by silicon. Compound semiconductors have a distinct character of their own and they spawn several use-cases of application that can be catered to only by them. This report is an attempt to capture the value added by compound semiconductors to the larger semiconductor component industry. The value is assessed at two levels in the component manufacturing process: the material stage and the component stage. The report assesses the value of compound semiconductor material sold to component manufacturers as well as the value of the components manufactured by these companies. The focus of the report is on the component, which has a perfect balance in the unitary nature of its composition and the diverse nature of its application.
STUDY GOALS AND OBJECTIVES
This study has the following goals and objectives:
- Measuring and forecasting the global market size for compound semiconductor–based components in value (dollar sales) and volume (shipment sales) terms.
- Breaking down the global compound semiconductor component market along the following individual components in value and volume terms: lasers and optical components; LEDs; radio frequency (RF) front end and power amplifier chipsets; and solar/ photovoltaic (PV) panels and cells.
- Breaking down the market for individual compound semiconductor components along the following end applications in value and volume terms: telecommunications; instrumentation and scientific research; medicine; energy, defense, and surveillance; computing and entertainment; industrial and automotive; retail; and others.
- Breaking down the market for individual compound semiconductor components along the following regions in value and volume terms: the Americas; Europe, Middle East, and Africa (EMEA); and Asia Pacific (APAC).
- Breaking down the market for individual compound semiconductor components along the following compound semiconductor families in value and volume terms: binary II-VI, binary III-V, binary IV-IV, and others.
- Breaking down the market for individual compound semiconductor components along relevant individual compound semiconductors in value terms.
- Breaking down the market for individual compound semiconductor components along the following countries in value and volume terms: U.S., Brazil, Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, The Netherlands, Turkey, China, Japan, India, Indonesia, and South Korea.
- Breaking down the market for compound semiconductor materials used in individual compound semiconductor components along the following compound semiconductor families in value terms: binary II-VI, binary III-V, binary IV-IV, and others.
- Analyzing the stakeholder landscape in the compound semiconductor component value chain.
- Analyzing the patenting activity involving compound semiconductor components.
REASONS FOR DOING THE STUDY
Compound semiconductors provide a welcome departure from the cut-throat cost-competitive scheme of silicon fabrication. It will not be out of place to mention that the bulk of innovation on the process and device front is driven by compound semiconductors and that they occupy a disproportionately large share of this activity. It is undisputable that compound semiconductors win hands down in terms of physical and chemical attributes over silicon. It is equally clear that silicon will continue to enjoy a substantial competitive advantage in terms of operating scale and availability for the foreseeable future.
This report aims to provide a quantitative point of view with regard to the tightrope traversed by compound semiconductors. The report tries to bring out the quantitative contribution of compound semiconductors to the components driven by them, in terms of plain bill of materials (BoMs). At the same time, the report examines the value added by compound semiconductors in qualitative terms.
Essentially, the report focuses on components, which can be easily quantified and whose physical attributes can be compared, contrasted, tracked and analyzed.
Each component has its own dynamics, benefits and challenges with respect to levels of adoption of compound semiconductors. On a larger note, each component has its own market momentum dictated by the health of the end-application verticals as well as relevant macroeconomic factors. When these aspects are mapped for individual countries, they produce a fascinating collage of local market conditions that add to the larger picture. This report provides a granular view of individual country markets in volume and value terms for 17 key nations spanning all global regions. There are several variables to be considered: preferred compounds, cost benefits of competing compounds, entry-level barriers, level of fragmentation, state of innovation, and attitude of governments in terms of support, as well as future avenues for market expansion. This report attempts to look at all of these factors and quantify their impact on the state of the demand for compound semiconductors and their components.
SCOPE OF THE REPORT
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 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 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.
INTENDED AUDIENCE
This report will be relevant to the following audiences:
- Laser and optical component makers in order to analyze the market prospects for their offerings broken down by compound semiconductor families, individual compound semiconductor end applications, geographical regions, and key country markets.
- LED makers in order to analyze the market prospects for their offerings broken down by compound semiconductor families, individual compound semiconductor end applications, geographical regions, and key country markets.
- RF power amplifier and front end makers in order to analyze the market prospects for their offerings broken down by compound semiconductor families, individual compound semiconductor end applications, geographical regions, and key country markets.
- Solar/PV panel and cell makers in order to analyze the market prospects for their offerings broken down by compound semiconductor families, individual compound semiconductor end applications, geographical regions, and key country markets.
- Compound semiconductor material suppliers in order to identify the potential of their output across leading component industries in the semiconductor domain.
- Original equipment manufacturers and other integrators to analyze the prospects of the compound semiconductor components employed by them in their devices, equipment and products.
METHODOLOGY AND INFORMATION SOURCES
Both primary and secondary research methodologies were used in this study. Industry experts were interviewed as primary sources; secondary sources included industry consortia, individual company financial statements, published opinions, and other published sources including technical dissertations.
ABOUT THE AUTHOR
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.
BCC ON-LINE SERVICES
BCC Research offers an online information retrieval service. Its home page, located at www.bccresearch.com, enables readers to:
- Examine the complete BCC Research catalog of market research reports and place direct orders.
- Subscribe to any of BCC Research’s many industry newsletters.
- Read announcements of recently published reports and newly launched newsletters.
- Register for its well-known conferences.
- Request additional information on any BCC research product.
- Take advantage of special offers.
DISCLAIMER
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal or accounting advice, nor should it serve as a corporate policy guide, laboratory manual or an endorsement of any product, as much of the information is of a speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or from its use.
Related Reports
Light-Emitting Diodes (LEDs) for Lighting Applications
The market for Light-emitting Diodes (LEDs) for Lighting Applications is projected to reach $19.5 billion in 2012 and $31.4 billion in 2017, a CAGR of 9.9% between 2012 and 2017.
Organic Light Emitting Diodes (OLEDs): Technologies and Global Markets
Total organic light-emitting diode market shipments reached $3 billion approximately in 2010 and will increase to more than $3 billion by 2011. And this market is estimated to reach to $5.2 billion at a compound annual growth rate (CAGR) of 11.6%.
MEMS: Biosensors and Nanosensors
BCC estimates the global market for microsensors at nearly $5.2 billion in 2010, increasing to nearly $5.9 billion in 2011 and $12 billion in 2016, a compound annual growth rate (CAGR) of 15.3% between 2011 and 2016.
Photovoltaics: Global Markets and Technologies
Global shipments of photovoltaic cells/modules reached 11,102 megawatts in 2010, and are expected to reach 55,621 megawatts by 2015, a compound annual growth rate (CAGR) of 38%.
Recent Reports
High-speed Data Converters: Global Markets and Growth Forecast
The global market for high-speed data converters is expected to grow from $3.2 billion in 2024 and is projected to reach $4.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2024 to 2029.
Global Markets, Technologies and Materials for Thin and Ultrathin Films
The global market for thin and ultrathin films is expected to grow from $20.6 billion in 2023 to $38.8 billion by the end of 2028, at a compound annual growth (CAGR) of 13.5% from 2023 to 2028.
Global IoT Chips Market
The report provides an analysis of the size of the global market for IoT chips. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. The report explores the impact of the COVID-19 pandemic and the Russia-Ukraine war on the global market for IoT chips. The report concludes with profiles of the major players in the market.
The Market for Thermal Management Technologies
The global market for thermal management technologies is estimated to grow from $17.3 billion in 2023 to reach $26.1 billion by 2028, at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2028.
Microelectromechanical Systems (MEMS) Technology: Current and Future Markets
The global microelectromechanical systems (MEMS) technology market should reach $41.5 billion by 2028 from $28.5 billion in 2023 at a compound annual growth rate (CAGR) of 7.8% for the forecast period of 2023 to 2028.
Top Trending Reports
Life Science Tools and Reagents: Global Markets
The global market for life science tools and reagents, including COVID-19 diagnostics was valued at $59.4 billion in 2023. This market is expected to grow from $53.2 billion in 2024 to reach $66.5 billion by the end of 2029, at a CAGR of 4.6% during the forecast period of 2024-2029.
Carbon Credits Market: Global Outlook
This report provides an up-to-date analysis of current and future markets for carbon credits and the carbon offsets industry. It presents a thorough and up-to-date global assessment of the market and business of carbon credits. The report also includes a competitive landscape, ESG analysis, and detailed company profiles of leading market players.
Wearable Medical Devices: Technologies and Global Markets
The global market for wearable medical devices was valued at $35.6 billion in 2023. This market is estimated to grow from $45.0 billion in 2024 to $151.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.5% from 2024 through 2029.
Biodegradable Polymers: Global Markets and Technologies
The global market volumes of biodegradable polymers is expected to grow from 1,286.0 kilotons in 2023 and is projected to reach 4,140.0 kilotons by the end of 2028, at a compound annual growth rate (CAGR) of 26.3% during the forecast period of 2023 to 2028.
Plastics Recycling: Global Markets
The global market for plastic recycling is expected to grow from $42.4 billion in 2024 to $57.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More