Yole Développement (Yole) identifies new applications in a dynamic market bringing growth and opportunities for lots of companies…
“At Yole, we expect an initial slight market penetration of InP in 2022 in wearables, followed by a significant increase to US$255 million in 2026 with a CAGR2022-2026 of 112%.” asserts Ahmed Ben Slimane, PhD, Technology & Market Analyst, Compound Semiconductors and Emerging Substrates at Yole Développement (Yole). He adds: “For LiDAR applications, InP could be promising, enabling eye safety at higher wavelengths. Leading companies such as Volvo, ZF, Continental, Daimler, etc. are interested in adopting InP-based LiDAR.”
For smartphones, OLED displays are transparent at wavelengths in the range of 13xx to 15xxnm, explains Yole’s analyst. OEMs interested in removing the camera notch on mobile phone screens and integrating the 3D-sensing modules under OLED displays are considering moving to InP EELs, replacing the current GaAs VCSELs. Even though this trend is currently in an early R&D phase, Yole sees a strong interest from several players, such as ams, Infineon Technologies, STMicroelectronics and several laser manufacturers and sensor players.
In this context, the market research and strategy consulting company investigates disruptive technologies and related markets in depth. Its aim is to point out the latest innovations and underline the business opportunities. Released today, the InP Wafer, Epiwafer and Device Market 2021: Photonics and RF Application report delivers a comprehensive and detailed understanding of the InP industry, covering markets from wafers and epiwafers to bare dies. Including market trends and forecasts, supply chain, technology trends, technical insights and challenges analysis, take away and outlook, this study proposes an in-depth description of the ecosystem and main players’ strategies.
What are the economic and technological challenges of this industry? What are the key market drivers? Who are the companies to watch, and what innovative technologies are they working on? What are the recent investments, mergers, and acquisitions?… Today, Yole’s compound semiconductors and emerging substrates analysts present their vision of the InP industry.
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