How big is the Indium Phosphide Wafer Market?

The Indium Phosphide Wafer Market size is expected to reach USD 177.03 million in 2024 and grow at a CAGR of 11.94% to reach USD 311.15 million by 2029. Read More

What is the current Indium Phosphide Wafer Market size?

In 2024, the Indium Phosphide Wafer Market size is expected to reach USD 177.03 million. Read More

Who are the key players in Indium Phosphide Wafer Market?

AXT Inc., Wafer World Inc., Logitech Ltd., Western Minmetals (sc) Corporation and Century Goldray Semiconductor Co. Ltd. are the major companies operating in the Indium Phosphide Wafer Market. Read More

Which is the fastest growing region in Indium Phosphide Wafer Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Indium Phosphide Wafer Market?

In 2024, the Asia-Pacific accounts for the largest market share in Indium Phosphide Wafer Market. Read More

What years does this Indium Phosphide Wafer Market cover, and what was the market size in 2023?

In 2023, the Indium Phosphide Wafer Market size was estimated at USD 158.15 million. The report covers the Indium Phosphide Wafer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indium Phosphide Wafer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Indium Phosphide (InP) Wafer Market - Size, Share & Industry Analysis

Indium Phosphide (InP) Wafer Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Market Report Covers InP Indium Phosphide Wafers Size & Companies and is segmented by Diameter (50.8 mm or 2, 76.2 mm or 3, 100 mm or 4 and Above), End-user Industry Application (Consumer Electronics, Telecommunications, Medical), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Indium Phosphide Wafer Industry Overview

The growing presence of large manufacturers in the indium phosphide wafer manufacturing sector is expected to intensify competitive rivalry during the forecast period. Market incumbents, such as JX Nippon Mining & Metals Corporation and Powerway Advanced Material Co. Ltd, considerably influence the overall market.

March 2022: Intel revealed plans for a second new 'Megafab," a chipmaking site in Germany, with an expected USD 88 billion in investments across several European countries. Further, in August 2021, ACM Research Inc. launched its Bevel Etch product, which further expanded ACM's comprehensive offering of wet tools. This tool minimizes the impact of edge contamination for subsequent process steps and improves chip manufacturing yield.
February 2022: The Government of Canada announced a significant investment in the Canadian semiconductor and photonics industries. The investment of CAD 240 million will help solidify Canada's role as a global leader in photonics and will bolster the development and manufacturing of semiconductors. Over 100 domestic and international semiconductor companies work on microchip research and development in Canada. There are over 30 applied research laboratories and five commercial facilities for areas including compound semiconductors, microelectromechanical systems (MEMS), and advanced packaging.