Lucintel Forecasts Indium Phosphide Wafer Market To Grow At A Cagr Of 12% To 14% From 2020 To 2025

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According to the recent study the indium phosphide wafer market is projected to grow at a CAGR of 12% to 14% from 2020 to 2025. Growth in this market is primarily driven by arrival of 5G and the increasing growth of datacom business and potential opportunities in LIDAR applications.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in indium phosphide wafer market by diameter (50.8 mm, 76.2 to 100 mm, 100 mm and above), application (RF and photonics), end use industry (defense, telecommunications, datacom, others), and region (North America, Europe, Asia Pacific, and Rest of the World)?
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“Telecommunication market is expected to remain the largest segment during the forecast period.”
Based on end use industry, the indium phosphide wafer market is segmented into defense, telecommunications, datacom, others. Lucintel forecasts that the telecommunication market is expected to remain the largest ...
... segment due to the increasing requirement of more data transfer at higher speeds and transceiver technology that is migrating to the technology offering better rates.
“Asia pacific will dominate the indium phosphide wafer market in near future.”
Asia-Pacific is expected to witness the significant growth over the forecast period due to explosive growth in new-era gadgets and internet-linked connected appliances stoking fresh demand for components such as semiconductors and displays. China, India, Japan, and South Korea would be among the economies expected to benefit the most.
Download Brochure of this report by clicking on https://www.lucintel.com/indium-phosphide-wafer-market.aspx
Major players of indium phosphide wafer market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Wafer Technology Ltd, Intelligent Epixtaxy Technology, Inc,Xiamen Powerway Advanced Material Co, DingTen Industrial Inc. are among the major indium phosphide wafer providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/indium-phosphide-wafer-market.aspx or helpdesk@lucintel.com
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Contact:
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Lucintel
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Email: brandon.fitzgerald@lucintel.com
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