Gallium Market
Gallium Market Study by GaN Radio Frequency Devices, Opto-semiconductors, and Power Semiconductors for Transistors, Diodes, Rectifiers, Power ICs, and Others from 2024 to 2034
Analysis of Gallium Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Gallium Market Outlook (2024 to 2034)
Newly released data from a Fact.MR report reveals that worldwide revenue from the sales of gallium is projected to increase from US$ 2.45 billion in 2024 to US$ 21.53 billion by the end of 2034. The market has been forecasted to expand at a remarkable 24.3% CAGR from 2024 to 2034.
Gallium is an element with atomic number 31. When gallium achieves high purity, it boasts a brilliant silvery veneer, while in its solid state, it manifests as a blue-grey metal characterized by an orthorhombic crystalline structure. Its constituents neither serve as a primary extraction source nor occur naturally in pure form. In today’s age, mobile phones are becoming indispensable to human existence, with their demand steadily growing.
Gallium finds extensive application in semiconductor production. Gallium is commonly employed in the fabrication of low-melting alloys due to its facile bonding ability with most metals. It stands among the quartet of metals that remain liquid at or near room temperature, alongside cesium, rubidium, and mercury. Of these, gallium exhibits the least hazardous and reactive properties, rendering it the safer and more environmentally friendly choice for high-temperature thermometers, barometers, heat transfer systems, and cooling and heating apparatuses. These attributes and advantages play a pivotal role in aligning with the latest trends in the gallium market.
Key Market Growth Drivers
- Electronics is one of the primary sectors employing gallium. High-speed switching, infrared, and microwave circuits all make use of gallium arsenide, the predominant chemical component of gallium in electronics.
- Gallium is used in the production of semiconducting gallium nitride and indium gallium nitride, which are critical components in blue and violet light-emitting diodes and diode lasers.
- Wide bandgap of gallium nitride facilitates the development of compact, efficient devices capable of handling larger electric fields. Data centers and optoelectronics, and the automotive sector extensively use indium gallium arsenide (InGaAs).
- Gallium arsenide finds application in solar panels, such as those aboard the Mars Exploration Rover, and possesses the capability to directly generate laser light from energy. Gallium nitride (GaN) is a chemical that is extensively utilized as a semiconductor in touch switches, mobile phones, and Blu-ray technology. This widespread use is contributing to the expansion of the gallium market size.
- The healthcare industry is seeing increasing demand for gallium owing to its common presence in medications; gallium nitrate, for instance, is utilized in treating hypercalcemia, a condition that accelerates the formation of bone cancers.
Report Attribute | Detail |
---|---|
Gallium Market Size (2024E) | US$ 2.45 Billion |
Forecasted Market Value (2034F) | US$ 21.53 Billion |
Global Market Growth Rate (2024 to 2034) | 24.3% CAGR |
East Asia Market Share (2024E) | 22.1% |
North America Market Value (2024E) | US$ 311.3 Million |
Power Semiconductor Segment Value (2034F) | US$ 9.84 Billion |
Key Companies Profiled | Aluminium Corp. of China Ltd.; Nalco; Sumitomo Electric Device Innovations, Inc.; GEO Gallium; NXP Semiconductors; Texas Instruments Incorporated; STMicroelectronics N.V.; Toshiba Corporation; Wolfspeed, Inc.; Kaiman; Infineon Technologies AG; Qorvo, Inc.; MACOM; East Hope; Jinjiang Group. |
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Why is There Remarkable Increase in Sales of Gallium Worldwide?
“Rising Adoption of Gallium Nitride (GaN) in High-Efficiency Power Devices”
Demand for gallium is increasing due to its rising application in electronic products such as LEDs and other semiconductor devices. Another factor contributing to the increased adoption of gallium is the growing demand for renewable resources, as gallium is used in photovoltaic cells in the generation of electricity from solar energy. Consequently, gallium prices have surged, prompting businesses to seek new sources of the metal to meet the expanding demand.
Semiconductors, integral components of modern electronics, rely on gallium for their production. The utilization of gallium is projected to rise during the forecast period in response to the growing demand for computers, cell phones, and other electronic devices. Demand for gallium is also rising as the solar industry expands, given its role in the production of solar cells. Moreover, the widespread use of gallium nitride (GaN) in high-efficiency power devices, such as electric cars and renewable energy sources, further propels gallium market growth.
Which Obstacles Stand in the Way of Gallium Suppliers?
“Limited Availability and Complexity of Production Process”
Mining for zinc and aluminum usually yields gallium, a rare element, as a byproduct. This indicates that there is a limit to its availability, which leads to expensive prices and an unstable market. The production of gallium is a complex process that involves several steps, including purification and refining. These processes demand specific tools and knowledge, which can significantly raise the cost of producing gallium and hence limit market expansion.
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Country-wise Insights
The East Asia region is projected to hold a leading position with 22.1% of the global gallium market share in 2024 and is projected to account for 26% by 2034 due to the wide availability of gallium in the region. The market in North America is forecasted to expand at 27.8% CAGR from 2024 to 2034.
Which Factors are Enabling Producers to Expand Their Market Share in China?
“Heavy Usage of Gallium in Expansive Electronics Sector”
Attribute | China |
---|---|
Market Value (2024E) | US$ 310.4 Million |
Growth Rate (2024 to 2034) | 26.8% CAGR |
Projected Value (2034F) | US$ 3.34 Billion |
Not only in East Asia, but China is also one of the leading players in the world because it is a major exporter of gallium. The nation’s status as one of the leading exporters of gallium contributes significantly to market growth. Various factors underpin China's prominence in the market, notably the extensive aluminum and zinc production in the nation, which yield substantial quantities of gallium. Gallium, essential in the production of LEDs and semiconductors, finds extensive usage in China's expansive electronics sector.
- In July 2023, as reported by the CRMA, China accounted for over 80% of gallium production. Chinese customs data for the year 2022 indicate that China exported 94 metric tons of gallium
What is the Growth Outlook for the Gallium Market in the United States?
“Discovery of High-Grade Gallium Generating Lucrative Opportunities for Suppliers”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 247.8 Million |
Growth Rate (2024 to 2034) | 27.6% CAGR |
Projected Value (2034F) | US$ 2.84 Billion |
The United States is poised to hold 79.6% revenue share in the North American region in 2024. Sales of gallium are increasing in the country due to the high demand from not only the electronics sector, but also the defense and aerospace, healthcare, and information and communication technology sectors. Revenue in the United States market is projected to increase at a significant pace through 2034 due to the discovery of high-grade gallium.
- In March 2024, a strategically significant deposit of high-grade gallium was discovered within the United States Critical Materials' 6,700-acre claims in Sheep Creek, Montana. Gallium is deemed exceedingly crucial as the United States currently relies solely on imports, primarily sourced from China. Its necessity spans various applications, including semiconductors and defense equipment.
- According to the United States Geological Survey (USGS), the value of the country’s imports of gallium metal and gallium arsenide (GaAs) wafers in 2022 amounted to approximately US$ 3 million and US$ 200 million, respectively.
Category-wise Insights
Based on end use, the market is segmented into automotive, consumer electronics, defense & aerospace, healthcare, industrial & power, and information & communication technology. The information and communication technology segment is projected to hold a substantial portion of the market by 2034. The growth of this segment is being driven by the rising adoption of the Internet of Things (IoT) technology across the world. IoT requires affordable, high-performing devices that enable continuous information sharing, thus driving the adoption of gallium.
Why is the Power Semiconductors Segment Growing at a Substantial Pace?
“High-speed Performance and Reduced Carbon Footprint Associated with GaN”
Attribute | Power Semiconductors |
---|---|
Segment Value (2024E) | US$ 1.02 Billion |
Growth Rate (2024 to 2034) | 25.4% CAGR |
Projected Value (2034F) | US$ 9.84 Billion |
Gallium nitride or GaN power semiconductors offer high-speed performance and decreased carbon footprints, making them a game-changer in the electronic industry. The electronics sector has been heavily dependent upon silicon for many years as the main component of semiconductor chips. Gallium nitride power semiconductors are becoming an impressive contender for silicon-based integrated circuits. This is one of the key gallium market trends that suppliers are capitalizing on.
GaN is known for its potential to improve the efficiency, environmental friendliness, and miniaturization of electrical products. GaN is becoming an attractive option due to several factors, including its simplicity of manufacturing compared to silicon chips.
- In July 2023, leading Japanese electronics manufacturer Mitsubishi Electric Corp. announced its acquisition of an undisclosed ownership stake in Novel Crystal Technology (NCT), a start-up that distributes gallium oxide wafers. Mitsubishi Electric aimed to expedite the advancement of GaO power semiconductors by merging its knowledge base with the NCTs.
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Competitive Landscape
Key players in the gallium market include Aluminium Corp of China Ltd., Nalco, Sumitomo Electric Device Innovations, Inc., GEO Gallium, NXP Semiconductors, Texas Instruments Incorporated, STMicroelectronics N.V., Toshiba Corporation, Wolfspeed, Inc., Kaiman, Infineon Technologies AG, Qorvo, Inc., MACOM, East Hope, and Jinjiang Group.
- In April 2024, Rio Tinto, a multinational mining company, granted US$ 875,000 to a professor at Missouri University of Science and Technology (Missouri S&T) for a two-year study investigating novel methods to recover essential minerals from waste byproducts of copper extraction and refinement.
- In April 2024, the acquisition of the whole line of GaN power amplifiers and front-end modules from Gallium Semiconductor was completed by Guerrilla RF, Inc. All previously published components and newly developed Gallium Semiconductor cores were purchased by GUER as of April 26th, 2024. The acquisition of this portfolio also included the transfer of all related intellectual property (IP) to GUER. By combining these resources, the company hopes to greatly advance its current endeavors to create and market a new range of GaN devices designed for satellite communications, military, and wireless infrastructure sectors.
- In February 2024, Xiaoqing Song, an associate professor in the Department of Electrical Engineering and Computer Science, received a US$ 300,000 grant from the National Science Foundation to further his research on high-density and high-operation-temperature traction inverters. Song's study investigates the integration of gallium oxide-packed power modules to improve the power density and temperature range of electric cars.
- In September 2023, a completely indigenous gallium nitride (GaN) power switch was created by researchers at the Indian Institute of Science (IISc). This switch may find use in wireless communications and power converters for laptops and electric cars, among other systems. At the IISc Center for Nano Science and Engineering (CeNSE), the whole switch-building process from material growth to device fabrication to packaging was invented internally.
Fact.MR provides detailed information about the price points of key manufacturers of gallium positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Segmentation of Gallium Market Research
-
By Product Type :
- GaN Radio Frequency Devices
- Opto-semiconductors
- Power Semiconductors
-
By Component :
- Transistors
- Diodes
- Rectifiers
- Power ICs
- Others
-
By Wafer Size :
- 2-Inch
- 4-Inch
- 6-Inch
- 8-Inch
-
By End Use :
- Automotive
- Consumer Electronics
- Defense & Aerospace, Healthcare
- Industrial & Power
- Information & Communication Technology
- Others
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Component 6.2. Product Type 6.3. Wafer Size 6.4. End Use 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Component 7.1. GaN Radio Frequency Devices 7.2. Opto-semiconductors 7.3. Power Semiconductors 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type 8.1. Transistors 8.2. Diodes 8.3. Rectifiers 8.4. Power ICs 8.5. Others 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Wafer Size 9.1. 2-Inch 9.2. 4-Inch 9.3. 6-Inch 9.4. 8-Inch 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 10.1. Automotive 10.2. Consumer Electronics 10.3. Defense & Aerospace, Healthcare 10.4. Industrial & Power 10.5. Information & Communication Technology 10.6. Others 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. East Asia 11.6. South Asia & Pacific 11.7. Middle East & Africa 12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 19. Sales Forecast 2024 to 2034 by Component, Product Type, Wafer Size, End Use, and Region for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Aluminium Corp. of China Ltd. 21.2. Nalco 21.3. Sumitomo Electric Device Innovations, Inc. 21.4. GEO Gallium 21.5. NXP Semiconductors 21.6. Texas Instruments Incorporated 21.7. STMicroelectronics N.V. 21.8. Toshiba Corporation 21.9. Wolfspeed, Inc. 21.10. Kaiman 21.11. Infineon Technologies AG 21.12. Qorvo, Inc. 21.13. MACOM 21.14. East Hope 21.15. Jinjiang Group 22. Assumptions and Acronyms Used 23. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Wafer Size, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Wafer Size, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Wafer Size, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 13: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 14: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 15: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 25: North America Market Value (US$ Mn) Analysis, by Wafer Size, 2019 to 2023
Table 26: North America Market Value (US$ Mn) Analysis, by Wafer Size, 2024 to 2034
Table 27: North America Market Value (US$ Mn) Opportunity Analysis, by Wafer Size, 2024 to 2034
Table 28: North America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 29: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 30: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 37: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 38: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 39: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 40: Latin America Market Value (US$ Mn) Analysis, by Wafer Size, 2019 to 2023
Table 41: Latin America Market Value (US$ Mn) Analysis, by Wafer Size, 2024 to 2034
Table 42: Latin America Market Value (US$ Mn) Opportunity Analysis, by Wafer Size, 2024 to 2034
Table 43: Latin America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 44: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 45: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: Western Europe Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 50: Western Europe Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 51: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 52: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 53: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 54: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 55: Western Europe Market Value (US$ Mn) Analysis, by Wafer Size, 2019 to 2023
Table 56: Western Europe Market Value (US$ Mn) Analysis, by Wafer Size, 2024 to 2034
Table 57: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Wafer Size, 2024 to 2034
Table 58: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 59: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 60: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 61: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: Eastern Europe Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 65: Eastern Europe Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 66: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 67: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 68: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: Eastern Europe Market Value (US$ Mn) Analysis, by Wafer Size, 2019 to 2023
Table 71: Eastern Europe Market Value (US$ Mn) Analysis, by Wafer Size, 2024 to 2034
Table 72: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Wafer Size, 2024 to 2034
Table 73: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 74: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 75: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 76: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 77: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 78: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 79: East Asia Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 80: East Asia Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 81: East Asia Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 82: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 83: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 84: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 85: East Asia Market Value (US$ Mn) Analysis, by Wafer Size, 2019 to 2023
Table 86: East Asia Market Value (US$ Mn) Analysis, by Wafer Size, 2024 to 2034
Table 87: East Asia Market Value (US$ Mn) Opportunity Analysis, by Wafer Size, 2024 to 2034
Table 88: East Asia Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 89: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 90: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 91: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 92: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 93: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 94: South Asia & Pacific Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 95: South Asia & Pacific Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 96: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 97: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 98: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 99: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 100: South Asia & Pacific Market Value (US$ Mn) Analysis, by Wafer Size, 2019 to 2023
Table 101: South Asia & Pacific Market Value (US$ Mn) Analysis, by Wafer Size, 2024 to 2034
Table 102: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Wafer Size, 2024 to 2034
Table 103: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 104: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 105: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 106: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 107: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 108: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 109: MEA Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 110: MEA Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 111: MEA Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 112: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 113: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 114: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 115: MEA Market Value (US$ Mn) Analysis, by Wafer Size, 2019 to 2023
Table 116: MEA Market Value (US$ Mn) Analysis, by Wafer Size, 2024 to 2034
Table 117: MEA Market Value (US$ Mn) Opportunity Analysis, by Wafer Size, 2024 to 2034
Table 118: MEA Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 119: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 120: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Component, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Component, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Wafer Size, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Wafer Size, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Wafer Size, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 17: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 18: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 19: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 20: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 21: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 22: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 23: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 24: North America Market Share Analysis by Country, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Component, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Component, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 33: North America Market Share and BPS Analysis by Wafer Size, 2024 & 2034
Figure 34: North America Market Y-o-Y Growth Projections by Wafer Size, 2024 to 2034
Figure 35: North America Market Attractiveness Analysis by Wafer Size, 2024 to 2034
Figure 36: North America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 37: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 38: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 39: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 40: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 41: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 42: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 43: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Component, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Component, 2024 to 2034
Figure 49: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 50: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 51: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 52: Latin America Market Share and BPS Analysis by Wafer Size, 2024 & 2034
Figure 53: Latin America Market Y-o-Y Growth Projections by Wafer Size, 2024 to 2034
Figure 54: Latin America Market Attractiveness Analysis by Wafer Size, 2024 to 2034
Figure 55: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 56: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 57: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 59: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 60: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 61: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 62: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Western Europe Market Share and BPS Analysis by Component, 2024 & 2034
Figure 66: Western Europe Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 67: Western Europe Market Attractiveness Analysis by Component, 2024 to 2034
Figure 68: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 69: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 70: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 71: Western Europe Market Share and BPS Analysis by Wafer Size, 2024 & 2034
Figure 72: Western Europe Market Y-o-Y Growth Projections by Wafer Size, 2024 to 2034
Figure 73: Western Europe Market Attractiveness Analysis by Wafer Size, 2024 to 2034
Figure 74: Western Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 75: Western Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 76: Western Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 77: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 78: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 79: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 80: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 81: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 82: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 83: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 84: Eastern Europe Market Share and BPS Analysis by Component, 2024 & 2034
Figure 85: Eastern Europe Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 86: Eastern Europe Market Attractiveness Analysis by Component, 2024 to 2034
Figure 87: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 88: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 90: Eastern Europe Market Share and BPS Analysis by Wafer Size, 2024 & 2034
Figure 91: Eastern Europe Market Y-o-Y Growth Projections by Wafer Size, 2024 to 2034
Figure 92: Eastern Europe Market Attractiveness Analysis by Wafer Size, 2024 to 2034
Figure 93: Eastern Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 94: Eastern Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 95: Eastern Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 96: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 97: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 98: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 99: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 100: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 101: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 102: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 103: East Asia Market Share and BPS Analysis by Component, 2024 & 2034
Figure 104: East Asia Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 105: East Asia Market Attractiveness Analysis by Component, 2024 to 2034
Figure 106: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 107: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 108: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 109: East Asia Market Share and BPS Analysis by Wafer Size, 2024 & 2034
Figure 110: East Asia Market Y-o-Y Growth Projections by Wafer Size, 2024 to 2034
Figure 111: East Asia Market Attractiveness Analysis by Wafer Size, 2024 to 2034
Figure 112: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 113: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 114: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 115: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 116: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 117: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 118: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 119: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 120: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 121: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 122: South Asia & Pacific Market Share and BPS Analysis by Component, 2024 & 2034
Figure 123: South Asia & Pacific Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 124: South Asia & Pacific Market Attractiveness Analysis by Component, 2024 to 2034
Figure 125: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 126: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 127: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 128: South Asia & Pacific Market Share and BPS Analysis by Wafer Size, 2024 & 2034
Figure 129: South Asia & Pacific Market Y-o-Y Growth Projections by Wafer Size, 2024 to 2034
Figure 130: South Asia & Pacific Market Attractiveness Analysis by Wafer Size, 2024 to 2034
Figure 131: South Asia & Pacific Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 132: South Asia & Pacific Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 133: South Asia & Pacific Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 134: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 135: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 136: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 137: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 138: MEA Market Share Analysis by Country, 2024 & 2034
Figure 139: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 140: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 141: MEA Market Share and BPS Analysis by Component, 2024 & 2034
Figure 142: MEA Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 143: MEA Market Attractiveness Analysis by Component, 2024 to 2034
Figure 144: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 145: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 146: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 147: MEA Market Share and BPS Analysis by Wafer Size, 2024 & 2034
Figure 148: MEA Market Y-o-Y Growth Projections by Wafer Size, 2024 to 2034
Figure 149: MEA Market Attractiveness Analysis by Wafer Size, 2024 to 2034
Figure 150: MEA Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 151: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 152: MEA Market Attractiveness Analysis by End Use, 2024 to 2034
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- FAQs -
How big is the gallium market in 2024?
The global market for gallium is estimated at US$ 2.45 billion in 2024.
What are the forecasted sales for gallium by 2034?
Worldwide sales of gallium are projected to reach US$ 21.53 billion by 2034.
What is the demand growth projection for the global market?
Worldwide demand for gallium is forecasted to rise at a CAGR of 24.3% from 2024 to 2034.
At what rate is the South Korean market forecasted to expand?
The market in South Korea is projected to expand at a CAGR of 30% through 2034.
Who are the leading producers of gallium?
Leading companies in the market are Aluminium Corp of China Ltd., Nalco, and Sumitomo Electric Device Innovations, Inc.
What is the projection for the market in Canada?
The market in Canada is projected to generate revenue worth US$ 534.5 million by 2034.
Which product type of gallium is increasing in demand?
Based on product type, the power semiconductors segment is estimated to grow at 25.4% CAGR through 2034.