Compound Semiconductor Materials Market - Global Industry Analysis and Forecast 2014 – 2020

Compound semiconductor materials are comprised of elements from more than two different groups in the periodic table. Compound semiconductors materials can be in binary form, ternary form and quaternary form among others. Depending upon the form types, compound semiconductor materials are available in a wide product range. On the basis of form type the compound semiconductor materials are classified as III-Vs, II-VIs and IV-IVs and sapphire among others. III-IVs crystallize in zinc blend structure while II-VIs has crystalline structure. Compound semiconductors materials offer a wider choice of bandwidth than elemental semiconductors such as Si and Ge. Compound semiconductor materials offer higher electron mobility, wider band gap and lower thermal noise than elemental semiconductors. Compound semiconductor materials have ability to generate microwave signals.

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The market for compound semiconductor materials was mainly driven by optoelectronics devices and wireless technologies. Optoelectronic devices exhibit a great demand for compound semiconductors. The rising demand for mobile and wireless devices has been the key factor in the growth of compound semiconductors in past few years. Compound semiconductor materials have properties such as wide temperature limits, high electron mobility and lower power consumption which are useful in electronic devices and equipment. Compound semiconductor materials are also used in light emission applications such as light emitting diodes (LED) and lasers. Due to high resistance to radiation and heat compound semiconductor materials are used in space applications where they are incorporated with solar cells mounted on satellites. Compound semiconductor materials are sensitive to magnetism and are hence used in sensing applications. Compound semiconductor materials are also used in optical data storage devices. In spite...