COMPOUND SEMICONDUCTOR MATERIALS MARKET ANALYSIS

Regional Analysis

Asia Pacific is projected to account for major market share in the global compound semiconductor materials market during the forecast period. This is owing to increasing demand for wireless technologies from emerging economies such as India and China. Moreover, there is high demand for optoelectronic devices from India, Japan, Taiwan, and South Korea, which is expected to support market growth. North America is also expected to witness significant growth, owing to high demand for space applications, wireless technology, and optoelectronic devices from the U.S. Rest of the world is expected to have an impact on global market.