Gallium

Gallium Market by Component (Alloys, Nanoparticles, Oxides), Form (Ingot, Pellet, Powder), Application - Global Forecast 2024-2030

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[193 Pages Report] The Gallium Market size was estimated at USD 432.77 million in 2023 and expected to reach USD 463.14 million in 2024, at a CAGR 7.18% to reach USD 703.20 million by 2030.

Gallium Market
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Gallium Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Gallium Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Gallium Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Indium Corporation Joins American Semiconductor Innovation Coalition to Advance U.S. Leadership in Technology Supply Chains

    Indium Corporation recently announced its official membership to the American Semiconductor Innovation Coalition (ASIC) to further U.S. leadership in technology supply chains. The membership is a testament to the company’s commitment to the industry and its pioneering work on advanced products such as gallium-based materials, which have been proven to create more efficient production processes and better performance results. With ASIC, Indium Corporation gains access to complimentary resources, international support, and an exclusive platform from which they can collaborate with many other similarly positioned tech-driven companies to shape the semiconductor landscape's future. Indium's involvement positions them well for innovation within the marketplace and even with their operational protocols through potential cost savings or fresh capabilities related to emerging technologies. [Published On: 2023-03-14]

  • Infineon to grow with acquisition in new gallium nitride technology

    Infineon Technologies AG recently announced the acquisition of a gallium nitride technology company, making an exciting move into an impressive new market that broadens its product portfolio and will help them become the power semiconductor industry leader. Gallium nitride presents numerous advantages over traditional silicon technologies, such as incorporating more features onto smaller chips and achieving higher switching frequencies. By investing in this technology, Infineon can ensure greater product efficiency and performance and is setting itself up for future success to have lasting impacts on the industry. [Published On: 2023-03-03]

  • American Elements Announces New Fusion Energy Division

    American Elements recently announced their fusion energy breakthrough, powered by Gallium. This exciting new technology promises to revolutionize the industry and reduce costs associated with research and development of advanced materials and applications. The use of Gallium as a key component in this innovation illustrates the growing importance of this material in the manufacturing process. With its unique properties, it is ideal for producing a range of specialized coatings, alloys, and compounds that can perform where other materials cannot. [Published On: 2023-02-06]

Key Company Profiles

The report delves into recent significant developments in the Gallium Market, highlighting leading vendors and their innovative profiles. These include 5N Plus Inc., ACI Alloys Inc., ALB Materials Inc., Aldon Corporation, Aluminum Corporation of China Limited, American Elements, AXT, Inc., BELMONT METALS INC., Cathay Advanced Materials Limited, Chengdu Fufu Technology Co., Ltd., Dowa Holdings Co., Ltd., ESPI Metals, Freiberger Compound Materials GmbH, Furukawa Co., Ltd., Gelest Inc., Indium Corporation, IQE PLC, Merck KGaA, Nanoshel LLC, Neo Performance Materials, RusAL, Shin-Etsu Chemical Co., Ltd., Solar Applied Materials Technology Corporation, Sumitomo Electric Industries, Ltd., Thermo Fisher Scientific Inc., Umicore N.V., Vital Materials Co., Limited, and Zhuzhou Keneng New Material Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Gallium Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Alloys
    • Nanoparticles
    • Oxides
  • Form
    • Ingot
    • Pellet
    • Powder
  • Application
    • Catalyst
    • LEDs
    • Photovoltaic Cells
    • Semiconductors

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Gallium Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Gallium Market?
  3. What are the technology trends and regulatory frameworks in the Gallium Market?
  4. What is the market share of the leading vendors in the Gallium Market?
  5. Which modes and strategic moves are suitable for entering the Gallium Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Gallium Market, by Component
  7. Gallium Market, by Form
  8. Gallium Market, by Application
  9. Americas Gallium Market
  10. Asia-Pacific Gallium Market
  11. Europe, Middle East & Africa Gallium Market
  12. Competitive Landscape
  13. Competitive Portfolio
  14. List of Figures [Total: 22]
  15. List of Tables [Total: 288]
  16. List of Companies Mentioned [Total: 28]
Gallium: a game-changer and historical pioneer!
July 17, 2023
INSIGHT
Gallium: a game-changer and historical pioneer!
The quest for more electrification and sustainability is encouraging the use of GaN power devices for power management and opening up new possibilities for solar energy, nuclear weapons, drugs, and space travel.

As the semiconductor industry switches from silicon to gallium, countries including China, the United States, Japan, Canada, and the United Kingdom have rapidly developed and invested in the domestic offshore mining industry and seawater extraction methods for rare earth elements. According to reports, National Aluminium Company Limited, a government-owned company in India, sought environmentally friendly technologies to build a factory for extracting gallium.

The United States Geological Survey notified in January 2022 that increasing imports from Canada, Japan, and Singapore caused an expected 140% rise in gallium metal imports in 2021 compared to 2020. In Canada, China, Germany, Japan, Slovakia, and the United States, gallium was recycled from gallium arsenide (GaAs) and gallium nitride (GaN) based devices.

More than 2,000 patents about gallium nitride have been submitted by Chinese telecom giant Huawei, according to Google Patents. Ericsson had just over 400 signups compared to Nokia's slightly more than 1,500 patents. A major provider of 5G-based chipsets and US corporation Qualcomm had fewer than 1.000 patent applications. As a result, the gallium sector is pushing the envelope and shattering barriers thanks to newly developed innovative production techniques and a considerable focus on the recycling trend.

Frequently Asked Questions
  1. How big is the Gallium Market?
    Ans. The Global Gallium Market size was estimated at USD 432.77 million in 2023 and expected to reach USD 463.14 million in 2024.
  2. What is the Gallium Market growth?
    Ans. The Global Gallium Market to grow USD 703.20 million by 2030, at a CAGR of 7.18%
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