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Compound Semiconductor Markets Forecast to Grow to Over $32 Billion by 2014

by Asif Anwar | Jun 10, 2010

Strategy Analytics was honoured to give the keynote speech at the plenary session of Compound Semiconductor Week on June 2, 2010 in Takamatsu, Japan.   The presentation discussed the current status and future outlook for GaAs, GaN and InP technologies covering both RF/microelectronics and optoelectronics applications.  GaAs-based devices will continue to enable next generation wireless technologies, while InP will be at the forefront of future telecom network rollouts that will enable demand for high bandwidth applications supporting traffic demands from emerging 3G and 4G networks. While the market for GaN RF and power devices is still be at an early stage, GaN-based LED devices will be pivotal to the development of future solid-state lighting markets and are currently driving flat panel TV backlighting trends. There is also an emerging opportunity for compound semiconductors in the terrestrial photovoltaic market.   Strategy Analytics forecasts that the collective market for GaAs, InP and GaN compound semiconductor devices will grow at a CAGR of 16% through 2014 to be worth over $32 billion.  The presentation, Compound Semiconductor Markets: Current Status and Future Prospects Through 2014 is now available on the GaAs service.
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