The Global Indium Phosphide Wafer Market Size is Anticipated to Exceed USD 565 Million by 2033, Growing at a CAGR of 13.46% from 2023 to 2033.An indium phosphide wafer (InP) is a binary semiconductor made of indium (In) and phosphorus (P). It belongs to a group of materials known as III-V Semiconductors. It is used in high-power and high-frequency electronics and photonics applications.