Market Overview:
The global indium phosphide substrates market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for indium phosphide substrates from the telecommunications and microelectronics industries. In addition, the growing demand for LEDs is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing indium phosphide substrates may restrain the growth of this market during the forecast period. On basis on type, 2 inches segment accounted for majority share in global Indium Phosphide Substrates Market by type in 2017 and is projected to maintain its dominance throughout forecast period 2018-2030 owing higher adoption rate across various applications such as telecommunications (5G etc), microelectronics among others . 3 inches segment is anticipated exhibit highest CAGR over next 10 years due rising demand from LED lighting sector across globe followed by 4 inches and 6 inches segments respectively . On basis on application , Telecommunications (5G etc) held largest revenue share followed by Microelectronics & Others segments respectively in 2017 .
Product Definition:
A substrate is a material or object on which another object is mounted or supported. Indium phosphide substrates are semiconductor materials used in the fabrication of electronic devices and circuits. They are important because they can be used to create high-speed, low-power devices that operate at very high frequencies.
2 inches:
2 inches is the name given to a group of materials that have similar properties and are produced in bulk for commercial use. The most common type of 2 inches material is InGaAsP, which has high thermal conductivity compared to Indium Phosphide (InP). Other types include AlInAsSb, GaAlAs, and InAlSeS.
3 inches:
3 inches is a new term in the Indium Phosphide (InP) substrate market. It was introduced by IBM to describe the thickness of a single layer of InP on silicon. The thickness can be varied between 0.1 and 10 mm for commercial purposes, with 3 inches being commonly used as it falls in the range that can be commercially manufactured using currently available technology.
Application Insights:
The telecommunications segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-speed wireless data transfer services across various regions, especially in Asia Pacific and North America. In addition, it offers low cost solutions as compared to other substrates such as gallium nitride which will drive industry growth further.
Indium phosphide substrate is used in printed circuit boards (PCB) manufacturing for providing heat dissipation from electronic components on mobile phones, tablets and laptops; this factor is expected to boost industry expansion over the coming years. Furthermore, it has applications in microelectronics including non-volatile memory devices (NVM), flash memory devices etc., which are further anticipated to propel demand during the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for IT products in countries, such as China and India. In addition, rising number of manufacturing facilities in this region will drive product demand further. For instance, In January 2018, Foxconn Technology Group announced plans to invest around USD X billion by 2019 in a plant that makes electronic chips in Maharashtra state of India. This factor is expected to have a positive impact on industry growth over the next eight years.
Europe was estimated as the second-largest market for global indium phosphide substrates market after Asia Pacific with volume consumption amounting nearly 28% of total global production capacity and consumption share amounting nearly 33% respectively owing to growing electronics industry especially microelectronics sector across Germany, U.K.
Growth Factors:
- Increasing demand for optoelectronics and high-brightness LEDs
- Growing adoption of semiconductor lasers in industrial and medical applications
- Rising demand for solar energy systems
- Proliferation of wireless communication technologies
- Increasing penetration of displays in portable electronics
Scope Of The Report
Report Attributes
Report Details
Report Title
Indium Phosphide Substrates Market Research Report
By Type
2 inches, 3 inches, 4 inches, 6 inches
By Application
Telecommunications (5G etc), Microelectronics, Others
By Companies
Sumitomo Electric Industries, AXT, InPACT, Wafer Technology Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Indium Phosphide Substrates Market Report Segments:
The global Indium Phosphide Substrates market is segmented on the basis of:
Types
2 inches, 3 inches, 4 inches, 6 inches
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Telecommunications (5G etc), Microelectronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sumitomo Electric Industries
- AXT
- InPACT
- Wafer Technology Ltd
Highlights of The Indium Phosphide Substrates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2 inches
- 3 inches
- 4 inches
- 6 inches
- By Application:
- Telecommunications (5G etc)
- Microelectronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Indium Phosphide Substrates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Indium phosphide substrates are materials that contain indium and phosphorus. These materials can be used in a variety of applications, including solar cells and light emitting diodes (LEDs).
Some of the key players operating in the indium phosphide substrates market are Sumitomo Electric Industries, AXT, InPACT, Wafer Technology Ltd.
The indium phosphide substrates market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indium Phosphide Substrates Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Indium Phosphide Substrates Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indium Phosphide Substrates Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Indium Phosphide Substrates Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Indium Phosphide Substrates Market Size & Forecast, 2020-2028
4.5.1 Indium Phosphide Substrates Market Size and Y-o-Y Growth
4.5.2 Indium Phosphide Substrates Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 2 inches
5.2.2 3 inches
5.2.3 4 inches
5.2.4 6 inches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Telecommunications (5G etc)
6.2.2 Microelectronics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indium Phosphide Substrates Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Indium Phosphide Substrates Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 2 inches
9.6.2 3 inches
9.6.3 4 inches
9.6.4 6 inches
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Telecommunications (5G etc)
9.10.2 Microelectronics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 2 inches
10.6.2 3 inches
10.6.3 4 inches
10.6.4 6 inches
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Telecommunications (5G etc)
10.10.2 Microelectronics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 2 inches
11.6.2 3 inches
11.6.3 4 inches
11.6.4 6 inches
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Telecommunications (5G etc)
11.10.2 Microelectronics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 2 inches
12.6.2 3 inches
12.6.3 4 inches
12.6.4 6 inches
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Telecommunications (5G etc)
12.10.2 Microelectronics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 2 inches
13.6.2 3 inches
13.6.3 4 inches
13.6.4 6 inches
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Telecommunications (5G etc)
13.10.2 Microelectronics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Indium Phosphide Substrates Market: Competitive Dashboard
14.2 Global Indium Phosphide Substrates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumitomo Electric Industries
14.3.2 AXT
14.3.3 InPACT
14.3.4 Wafer Technology Ltd
