The Asia Pacific Indium Phosphide Compound Semiconductor Market would witness market growth of 9.8% CAGR during the forecast period (2021-2027).
Incandescent bulbs, fluorescent bulbs, and compact fluorescent lights (CFLs) are all being replaced by LEDs. LEDs are becoming more widely used in a variety of applications, including general lighting, vehicle lighting, and signs displays. Compound semiconductor materials, which are made up of elements from groups III and V of the periodic table, are used in LEDs (these are known as III-V materials). Gallium nitride (GaN), gallium arsenide (GaAs), and gallium phosphide are all III-V materials that are routinely utilised to create LEDs (GaP).
The adoption of computers and machines for the effective and efficient control of systems has increased as industrial automation has increased across this region. Compound semiconductor devices, which can endure high temperatures and voltages, play a significant role in guaranteeing efficient power usage within a smaller application. This makes them an ideal component. For example, EESL (Energy Efficiency Services Limited) celebrated the end of its one-year federal project, Unnat Jyoti Program, in 2020. (UJALA). This programme has resulted in the replacement of more than 10.6 million street light bulbs with LED lights, resulting in the reduction of 20 million tonnes of CO2 and a significant reduction in electricity costs.
The China market dominated the Asia Pacific Indium Phosphide Compound Semiconductor Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $822.8 million by 2027. The Japan market is exhibiting a CAGR of 9.2% during (2021 - 2027). Additionally, The India market would witness a CAGR of 10.5% during (2021 - 2027).
Based on End User, the market is segmented into Telecom & IT, Aerospace & Defense, Healthcare, Industrial, Energy & Power, Automotive, Consumer Electronics, Test & Measuring Instruments and Others. Based on Application, the market is segmented into Power Electronics, Sensing, Photonics, RF or Microwave and Quantum. Based on Product, the market is segmented into Power Semiconductors, Diodes & Rectifiers, Integrated Circuits, Transistors and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Indium Phosphide Compound Semiconductor Market is Projected to reach USD 7.6 Billion by 2027, at a CAGR of 9.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sumitomo Electric Industries, Ltd., II-VI Incorporated, AXT, Inc., Semiconductor Wafer, Inc., Wafer World, Inc., IQE plc, MACOM Technology Solutions Holdings, Inc., and Xiamen Powerway Advanced Material Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Telecom & IT
- Aerospace & Defense
- Healthcare
- Industrial
- Energy & Power
- Automotive
- Consumer Electronics
- Test & Measuring Instruments
- Others
By Application
- Power Electronics
- Sensing
- Photonics
- RF or Microwave
- Quantum
By Product
- Power Semiconductors
- Diodes & Rectifiers
- Integrated Circuits
- Transistors
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Sumitomo Electric Industries, Ltd.
- II-VI Incorporated
- AXT, Inc.
- Semiconductor Wafer, Inc.
- Wafer World, Inc.
- IQE plc
- MACOM Technology Solutions Holdings, Inc.
- Xiamen Powerway Advanced Material Co., Ltd.
TABLE 1 Asia Pacific Indium Phosphide Compound Semiconductor Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Indium Phosphide Compound Semiconductor Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Indium Phosphide Compound Semiconductor Market by End User, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Indium Phosphide Compound Semiconductor Market by End User, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Telecom & IT Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Telecom & IT Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Aerospace & Defense Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Aerospace & Defense Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Industrial, Energy & Power Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Industrial, Energy & Power Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Automotive Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Automotive Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Test & Measuring Instruments Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Test & Measuring Instruments Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Other End User Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Other End User Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Indium Phosphide Compound Semiconductor Market by Application, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Indium Phosphide Compound Semiconductor Market by Application, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Power Electronics Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Power Electronics Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Sensing Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Sensing Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Photonics Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Photonics Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific RF or Microwave Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific RF or Microwave Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Quantum Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Quantum Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Indium Phosphide Compound Semiconductor Market by Product, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Indium Phosphide Compound Semiconductor Market by Product, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Power Semiconductors Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Power Semiconductors Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Diodes & Rectifiers Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Diodes & Rectifiers Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Integrated Circuits Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Integrated Circuits Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Transistors Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Transistors Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Other Products Market by Country, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Other Products Market by Country, 2021 - 2027, USD Million
TABLE 45 Asia Pacific Indium Phosphide Compound Semiconductor Market by Country, 2017 - 2020, USD Million
TABLE 46 Asia Pacific Indium Phosphide Compound Semiconductor Market by Country, 2021 - 2027, USD Million
TABLE 47 China Indium Phosphide Compound Semiconductor Market, 2017 - 2020, USD Million
TABLE 48 China Indium Phosphide Compound Semiconductor Market, 2021 - 2027, USD Million
TABLE 49 China Indium Phosphide Compound Semiconductor Market by End User, 2017 - 2020, USD Million
TABLE 50 China Indium Phosphide Compound Semiconductor Market by End User, 2021 - 2027, USD Million
TABLE 51 China Indium Phosphide Compound Semiconductor Market by Application, 2017 - 2020, USD Million
TABLE 52 China Indium Phosphide Compound Semiconductor Market by Application, 2021 - 2027, USD Million
TABLE 53 China Indium Phosphide Compound Semiconductor Market by Product, 2017 - 2020, USD Million
TABLE 54 China Indium Phosphide Compound Semiconductor Market by Product, 2021 - 2027, USD Million
TABLE 55 Japan Indium Phosphide Compound Semiconductor Market, 2017 - 2020, USD Million
TABLE 56 Japan Indium Phosphide Compound Semiconductor Market, 2021 - 2027, USD Million
TABLE 57 Japan Indium Phosphide Compound Semiconductor Market by End User, 2017 - 2020, USD Million
TABLE 58 Japan Indium Phosphide Compound Semiconductor Market by End User, 2021 - 2027, USD Million
TABLE 59 Japan Indium Phosphide Compound Semiconductor Market by Application, 2017 - 2020, USD Million
TABLE 60 Japan Indium Phosphide Compound Semiconductor Market by Application, 2021 - 2027, USD Million
TABLE 61 Japan Indium Phosphide Compound Semiconductor Market by Product, 2017 - 2020, USD Million
TABLE 62 Japan Indium Phosphide Compound Semiconductor Market by Product, 2021 - 2027, USD Million
TABLE 63 India Indium Phosphide Compound Semiconductor Market, 2017 - 2020, USD Million
TABLE 64 India Indium Phosphide Compound Semiconductor Market, 2021 - 2027, USD Million
TABLE 65 India Indium Phosphide Compound Semiconductor Market by End User, 2017 - 2020, USD Million
TABLE 66 India Indium Phosphide Compound Semiconductor Market by End User, 2021 - 2027, USD Million
TABLE 67 India Indium Phosphide Compound Semiconductor Market by Application, 2017 - 2020, USD Million
TABLE 68 India Indium Phosphide Compound Semiconductor Market by Application, 2021 - 2027, USD Million
TABLE 69 India Indium Phosphide Compound Semiconductor Market by Product, 2017 - 2020, USD Million
TABLE 70 India Indium Phosphide Compound Semiconductor Market by Product, 2021 - 2027, USD Million
TABLE 71 South Korea Indium Phosphide Compound Semiconductor Market, 2017 - 2020, USD Million
TABLE 72 South Korea Indium Phosphide Compound Semiconductor Market, 2021 - 2027, USD Million
TABLE 73 South Korea Indium Phosphide Compound Semiconductor Market by End User, 2017 - 2020, USD Million
TABLE 74 South Korea Indium Phosphide Compound Semiconductor Market by End User, 2021 - 2027, USD Million
TABLE 75 South Korea Indium Phosphide Compound Semiconductor Market by Application, 2017 - 2020, USD Million
TABLE 76 South Korea Indium Phosphide Compound Semiconductor Market by Application, 2021 - 2027, USD Million
TABLE 77 South Korea Indium Phosphide Compound Semiconductor Market by Product, 2017 - 2020, USD Million
TABLE 78 South Korea Indium Phosphide Compound Semiconductor Market by Product, 2021 - 2027, USD Million
TABLE 79 Singapore Indium Phosphide Compound Semiconductor Market, 2017 - 2020, USD Million
TABLE 80 Singapore Indium Phosphide Compound Semiconductor Market, 2021 - 2027, USD Million
TABLE 81 Singapore Indium Phosphide Compound Semiconductor Market by End User, 2017 - 2020, USD Million
TABLE 82 Singapore Indium Phosphide Compound Semiconductor Market by End User, 2021 - 2027, USD Million
TABLE 83 Singapore Indium Phosphide Compound Semiconductor Market by Application, 2017 - 2020, USD Million
TABLE 84 Singapore Indium Phosphide Compound Semiconductor Market by Application, 2021 - 2027, USD Million
TABLE 85 Singapore Indium Phosphide Compound Semiconductor Market by Product, 2017 - 2020, USD Million
TABLE 86 Singapore Indium Phosphide Compound Semiconductor Market by Product, 2021 - 2027, USD Million
TABLE 87 Malaysia Indium Phosphide Compound Semiconductor Market, 2017 - 2020, USD Million
TABLE 88 Malaysia Indium Phosphide Compound Semiconductor Market, 2021 - 2027, USD Million
TABLE 89 Malaysia Indium Phosphide Compound Semiconductor Market by End User, 2017 - 2020, USD Million
TABLE 90 Malaysia Indium Phosphide Compound Semiconductor Market by End User, 2021 - 2027, USD Million
TABLE 91 Malaysia Indium Phosphide Compound Semiconductor Market by Application, 2017 - 2020, USD Million
TABLE 92 Malaysia Indium Phosphide Compound Semiconductor Market by Application, 2021 - 2027, USD Million
TABLE 93 Malaysia Indium Phosphide Compound Semiconductor Market by Product, 2017 - 2020, USD Million
TABLE 94 Malaysia Indium Phosphide Compound Semiconductor Market by Product, 2021 - 2027, USD Million
TABLE 95 Rest of Asia Pacific Indium Phosphide Compound Semiconductor Market, 2017 - 2020, USD Million
TABLE 96 Rest of Asia Pacific Indium Phosphide Compound Semiconductor Market, 2021 - 2027, USD Million
TABLE 97 Rest of Asia Pacific Indium Phosphide Compound Semiconductor Market by End User, 2017 - 2020, USD Million
TABLE 98 Rest of Asia Pacific Indium Phosphide Compound Semiconductor Market by End User, 2021 - 2027, USD Million
TABLE 99 Rest of Asia Pacific Indium Phosphide Compound Semiconductor Market by Application, 2017 - 2020, USD Million
TABLE 100 Rest of Asia Pacific Indium Phosphide Compound Semiconductor Market by Application, 2021 - 2027, USD Million
TABLE 101 Rest of Asia Pacific Indium Phosphide Compound Semiconductor Market by Product, 2017 - 2020, USD Million
TABLE 102 Rest of Asia Pacific Indium Phosphide Compound Semiconductor Market by Product, 2021 - 2027, USD Million
TABLE 103 Key information – SUMITOMO ELECTRIC INDUSTRIES, Ltd.
TABLE 104 Key Information – II-VI Incorporated
TABLE 105 Key information – AXT, Inc.
TABLE 106 Key information – Semiconductor Wafer, Inc. (SWI)
TABLE 107 Key Information – Wafer World, Inc.
TABLE 108 Key Information – IQE plc
TABLE 109 Key information – MACOM TECHNOLOGY SOLUTIONS Holdings, inc.
TABLE 110 Key Information – Xiamen Powerway Advanced Material Co., Ltd.
List of Figures
FIG 1 Methodology for the research