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Compound semiconductor substrate market growing at 17% CAGR to $3.3bn in 2029

What happened

Yole Group forecasts the compound semiconductor substrate market to grow at a 17% CAGR, reaching $3.3 billion by 2029. This growth is driven by demand from power electronics, RF devices, and photonics applications. Neutral: This is a long-term market projection without specific data on current supply constraints, price movements, or capacity changes that would trigger immediate trading action.

Impact and signal

Low impactImpact score: 15/100

Affected components and suppliers

Compound Semiconductor Substrates
market-growthforecast

Source and time

Source: Semiconductor Today · 1/30/2024 · View original source

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