Gallium Market Size, Share, Trends, Growth Outlook

Global Gallium Market size of $1.7 Billion in 2024 and is forecast to register a growth rate (CAGR) of 24.8% to reach $6.5 Billion by 2030.

The global Gallium Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Product (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-User (Automotive, Consumer Electronics, Defense & Aerospace, Healthcare, Industrial & Power, Information & Communication Technology, Others).

An Introduction to Gallium Market

Gallium, a rare metal with unique properties, finds applications in semiconductors, LEDs, photovoltaics, and medical imaging technologies. The Gallium market is witnessing growth as demand for electronic devices, renewable energy systems, and advanced medical diagnostics increases. With limited global production and rising technological applications, gallium suppliers are exploring sustainable sourcing practices and refining extraction processes to ensure a stable and reliable supply chain for downstream industries.

Gallium MarketCompetitive Landscape

The market report analyses the leading companies in the industry including Aluminium Corp of China Ltd, East Hope, GEO Gallium, Infineon Technologies AG, Jinjiang Group, Kaiman, MACOM, Nalco, NXP Semiconductors, Qorvo Inc, STMicroelectronics N.V., Sumitomo Electric Device Innovations Inc, Texas Instruments Inc, Toshiba Corp, Wolfspeed Inc, and others.

Gallium MarketDynamics

Gallium Market Trend: Increasing Adoption of Gallium in Electronics and Semiconductors

The Gallium Market is witnessing a prominent trend with the increasing adoption of gallium in electronics and semiconductors. Gallium is a key component in the production of gallium arsenide (GaAs) and gallium nitride (GaN) semiconductor materials, which are utilized in high-frequency devices, LEDs, solar cells, and power electronics. The growing demand for advanced electronic devices and energy-efficient technologies drives the consumption of gallium, leading to market growth and technological advancements in the semiconductor industry.

Gallium Market Driver: Advancements in Electronics, Telecommunications, and Renewable Energy Sectors

A key driver for the Gallium Market is the continuous advancements in electronics, telecommunications, and renewable energy sectors. The proliferation of smartphones, 5G networks, electric vehicles, and renewable energy technologies necessitates high-performance semiconductor materials like gallium-based compounds. Gallium's unique properties, including high electron mobility and thermal stability, make it indispensable in these sectors, propelling the demand for gallium and creating opportunities for market expansion and product innovation.

Gallium Market Opportunity: Expansion into Optoelectronics and Medical Imaging Applications

The Market Opportunity for the Gallium Market lies in expanding into optoelectronics and medical imaging applications. Gallium-based compounds are widely used in optoelectronic devices such as lasers, photodetectors, and optical fibers due to their excellent optical properties. Furthermore, gallium-based radiopharmaceuticals play a vital role in medical imaging techniques like positron emission tomography (PET). Companies that focus on developing gallium-based materials for optoelectronics and medical imaging applications can capitalize on the growing demand for these technologies and diversify their market presence in the semiconductor and healthcare sectors.

Market Share Analysis: Gallium Market Surges with Rapid Growth in GaN Radio Frequency Devices Segment Driven by Demand in Communication Technology and Defense

The GaN Radio Frequency Devices segment is witnessing the fastest growth within the Gallium market. This surge is primarily propelled by several factors, notably the increasing demand for high-performance and energy-efficient RF devices in communication technology and defense applications. GaN-based RF devices offer superior power handling capabilities, higher operating frequencies, and improved thermal conductivity compared to traditional semiconductor materials, making them ideal for use in wireless communication systems, radar systems, and electronic warfare applications. The growing deployment of 5G networks, satellite communications, and defense electronics is driving the adoption of GaN RF devices, fueling the growth of this segment. Additionally, advancements in GaN technology, such as improved manufacturing processes and device designs, are further enhancing the performance and reliability of GaN-based RF devices, driving their adoption across various end-user industries. As communication technology and defense sectors prioritize performance and efficiency, the GaN Radio Frequency Devices segment is poised for sustained growth, driving significant momentum in the Gallium market.

Gallium Market Report Segmentation

By Product
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-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Industrial & Power
Information & Communication Technology
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

 

Gallium Market Companies Profiled in the Study

Aluminium Corp of China Ltd
East Hope
GEO Gallium
Infineon Technologies AG
Jinjiang Group
Kaiman
MACOM
Nalco
NXP Semiconductors
Qorvo Inc
STMicroelectronics N.V.
Sumitomo Electric Device Innovations Inc
Texas Instruments Inc
Toshiba Corp
Wolfspeed Inc
*- List Not Exhaustive

 

TABLE OF CONTENTS

1 Introduction to 2024 Gallium Market Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Gallium Market Market Size Outlook, $ Million, 2021 to 2030
3.2 Gallium Market Market Outlook by Type, $ Million, 2021 to 2030
3.3 Gallium Market Market Outlook by Product, $ Million, 2021 to 2030
3.4 Gallium Market Market Outlook by Application, $ Million, 2021 to 2030
3.5 Gallium Market Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Gallium Market Industry
4.2 Key Market Trends in Gallium Market Industry
4.3 Potential Opportunities in Gallium Market Industry
4.4 Key Challenges in Gallium Market Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Gallium Market Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Gallium Market Market Outlook by Segments
7.1 Gallium Market Market Outlook by Segments, $ Million, 2021- 2030
By Product
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-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Industrial & Power
Information & Communication Technology
Others

8 North America Gallium Market Market Analysis and Outlook To 2030
8.1 Introduction to North America Gallium Market Markets in 2024
8.2 North America Gallium Market Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Gallium Market Market size Outlook by Segments, 2021-2030
By Product
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-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Industrial & Power
Information & Communication Technology
Others

9 Europe Gallium Market Market Analysis and Outlook To 2030
9.1 Introduction to Europe Gallium Market Markets in 2024
9.2 Europe Gallium Market Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Gallium Market Market Size Outlook by Segments, 2021-2030
By Product
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-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Industrial & Power
Information & Communication Technology
Others

10 Asia Pacific Gallium Market Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Gallium Market Markets in 2024
10.2 Asia Pacific Gallium Market Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Gallium Market Market size Outlook by Segments, 2021-2030
By Product
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-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Industrial & Power
Information & Communication Technology
Others

11 South America Gallium Market Market Analysis and Outlook To 2030
11.1 Introduction to South America Gallium Market Markets in 2024
11.2 South America Gallium Market Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Gallium Market Market size Outlook by Segments, 2021-2030
By Product
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-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Industrial & Power
Information & Communication Technology
Others

12 Middle East and Africa Gallium Market Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Gallium Market Markets in 2024
12.2 Middle East and Africa Gallium Market Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Gallium Market Market size Outlook by Segments, 2021-2030
By Product
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-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Industrial & Power
Information & Communication Technology
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Aluminium Corp of China Ltd
East Hope
GEO Gallium
Infineon Technologies AG
Jinjiang Group
Kaiman
MACOM
Nalco
NXP Semiconductors
Qorvo Inc
STMicroelectronics N.V.
Sumitomo Electric Device Innovations Inc
Texas Instruments Inc
Toshiba Corp
Wolfspeed Inc

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Product
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-User
Automotive
Consumer Electronics
Defense & Aerospace
Healthcare
Industrial & Power
Information & Communication Technology
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)