InP Substrate Market was valued at 125 million in 2024 and is projected to reach US$ 696 million by 2032, at a CAGR of 27.8% during the forecast period
Report Studies
• The global InP Substrate Market was valued at 125 million in 2024 and is projected to reach US$ 696 million by 2032, at a CAGR of 27.8% during the forecast period.
• An InP (Indium Phosphide) substrate is a semiconductor wafer composed of indium phosphide material, prized for its superior electron mobility and high light emission efficiency. These substrates are critical components in high-speed electronics, optoelectronics, and photonics applications, particularly in 5G communications, data centers, and advanced sensor technologies. The market is segmented by wafer size, including 2-inch, 3-inch, 4inch, 6-inch, and other diameters, with the 2-inch segment showing notable growth potential.
By Type:
• The market is segmented based on type into:
• 2 inches
• 3 inches
• 4 inches
• 6 inches
• Other
By Application:
• The market is segmented based on application into:
• Optical Module Devices
• RF Devices
• Sensor Devices
• Other Applications
• Sumitomo Electric Industries (Japan)
• JX Advanced Metals Corporation (Japan)
• Beijing Tongmei Xtal Technology (AXT) (China/US)
• Zhuhai Dingtai Xinyuan (China)
• FanMei Strategic Metal Resources (China)
• Guangdong Tianding Sike New Materials (China)
