NuAxiSemiconductor trade intelligence
Compound semiconductor market growing at 6.1% CAGR to $61.911m by 2030
What happened
A market report forecasts the compound semiconductor sector to grow from $38.6bn in 2022 to $61.9bn by 2030, at a 6.1% CAGR, driven by demand for SiC in power electronics. This is a broad, long-term market projection without specific supply chain events. Neutral: This provides background on a growth trend but lacks the immediate, actionable data on supply, demand, or pricing that drives trading decisions.
Impact and signal
Low impactImpact score: 10/100
Affected components and suppliers
Silicon Carbide (SiC) DevicesPower Electronics
market-growthforecastSiC
Source and time
Source: Semiconductor Today · 4/28/2023 · View original source
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