The Compound Semiconductor Global Market Report 2023, provides comprehensive information on the compound semiconductor market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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According to The Business Research Company's 2023 Global Market Report on Angiotensin Receptor Blockers (ARBs), the market is poised to exhibit substantial growth, transitioning from $8.02 billion in 2022 to a projected $8.30 billion in 2023, reflecting a robust compound annual growth rate (CAGR) of 3.5%. However, it is imperative to consider the overarching global geopolitical landscape. The Russia-Ukraine conflict has introduced profound disruptions to the world's economic recovery in the wake of the COVID-19 pandemic, at least in the short term.

This conflict has precipitated far-reaching consequences, such as the imposition of economic sanctions on numerous nations, an abrupt escalation in commodity prices, and severe disruptions within global supply chains. Consequently, the ripple effect of these developments has culminated in inflationary pressures impacting the cost of goods and services and exerting substantial influence on various global markets.

As the global economy navigates these challenges, the ARBs market anticipates further expansion, reaching an estimated $9.40 billion by 2027, with a CAGR of 3.2%.

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Notably, one discernible trend that has emerged is the prominence of product innovation as a driving force within the ARBs industry. Prominent companies operating in this sector have diligently channeled their efforts towards pioneering solutions to fortify their market standing.

A case in point is Novartis AG, a Switzerland-based pharmaceutical titan, which made significant strides in this regard in February 2021 with the launch of Entresto (sacubitril/valsartan). Entresto, having secured an expanded indication from the United States Food and Drug Administration, is instrumental in mitigating the risk of cardiovascular death and hospitalization for adult patients afflicted with chronic heart failure. This clinical breakthrough is most perceptible in patients with a left ventricular ejection fraction (LVEF) lower than the norm. Of paramount significance is the fact that Entresto is the inaugural therapy in the United States to address the full spectrum of guideline-defined heart failure, catering to those with heart failure featuring reduced ejection fraction (HFrEF) and those with preserved ejection fraction (HFpEF).

The compound semiconductor market is segmented:
1) By Type:, Gallium Arsenide (GaAs), Silicon Carbide (SiC), Indium Phosphide (InP), Silicon Germanium (SiGe), Gallium Phosphide (GaP), Other Types
2) By Deposition Technologies: Chemical Vapor Deposition (CVD), Molecular Beam Epitaxy, Hydride Vapor Phase Epitaxy (HVPE), Ammonothermal, Liquid Phase Epitaxy, Atomic Layer Deposition (ALD), Other Deposition Technologies
3) By Application: General Lighting, Telecommunication, Military, Defense, And Aerospace, Automotive, Power Supply, Datacom, Consumer Display, Commercial, Consumer Devices, Other Applications

Asia-Pacific was the largest region in the compound semiconductor market in 2022.

The table of contents in TBRC’s compound semiconductor market report includes:
1. Executive Summary
2. Compound Semiconductor Market Characteristics
3. Compound Semiconductor Market Trends And Strategies
4. Compound Semiconductor Market - Macro Economic Scenario
5. Compound Semiconductor Market Size And Growth

.....

26. Africa Compound Semiconductor Market
27. Compound Semiconductor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Compound Semiconductor Market
29. Compound Semiconductor Market Future Outlook and Potential Analysis
30. Appendix

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