Compound Semiconductor Market Size 2025 Industry Insights and Trends Outlook 2032
The compound semiconductor market is experiencing robust growth driven by increasing demand for high-performance electronic devices. Key factors include the rapid expansion of 5G networks, rising adoption of electric vehicles (EVs), and growing need for energy-efficient power electronics. Additionally, advancements in optoelectronic devices for applications like LiDAR, LEDs, and solar cells are propelling market growth.