Compound Semiconductor Materials & Devices Market - Forecast(2021 - 2026)
Compound Semiconductor Materials & Devices Market Overview: Compound semiconductor materials consist of elements from more than two different groups in the periodic table and are used in a variety of semiconductor devices and components. The compound semiconductor materials have advantages such as higher electron mobility, low power consumption direct gap, and a wide range of band gaps. Globally, rise in the demand for optoelectronic semiconductor devices, and growth in data transfers leading to an increase in demand in the communication sector is the prime growth driver of the global compound semiconductor materials & devices market. In addition, increase in adoption of GaN electronics, and growing automotive electronics , and wireless communication in emerging economies such as China, India, and others will create new opportunities for global compound semiconductor materials & devices market. However, issues of compatibility with the high-end materials such as silicon, h...