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Aluminum Gallium Indium Phosphide Semiconductor Market Size Forecast to Reach $584.8 Million by 2026
July 24, 2021 GMT
The Rapid Growth of the Electrical and Electronics Industry Has Increased the Demand for Aluminum Gallium Indium Phosphide Semiconductors; Thereby, Fueling the Market Growth.
Aluminum Gallium Indium Phosphide Semiconductor Market size is forecast to reach US$584.8 million by 2026, after growing at a CAGR of 2.5% during 2021-2026, owing to the increasing usage of aluminum gallium indium phosphide semiconductor in various end-use industries such as electrical & electronics, aerospace, and solar energy for applications such as light emitting diodes, optoelectronic devices, photovoltaics. Due to its large bandgap, the aluminum gallium indium phosphide (AlGaInP) semiconductor offers a forum for the production of photo optics applications. The rapid growth of t ....

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