Gallium Oxide Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030

Published on : Dec-2020 | List of Tables : 84 | List of Figures : 131 | No. of Pages : 170 | Report Code : FACT2027MR |

Gallium Oxide Market: About the Report

Besides the semiconductor industry, where demand is high, gallium oxide is also used by academic & research labs for research & development activities across regions. Fact.MR’s report dives deep into the reasons why this market space is highly consolidated in nature, and also dwells upon the reasons why new entrants find it difficult to break into this landscape. With a surging semiconductor industry, the Asia Pacific region will lead the growth of the global gallium market through 2030. The report goes further to elaborate on how the COVID-19 pandemic will have short- and long-term effect on this sector.

Global Gallium Oxide Market Overview

The global gallium oxide market has witnessed robust growth at a CAGR of 8.7% over the past half-decade. However, in 2nd and 3rd quarters of FY2020, the market has be adversely affected due to the COVID-19 pandemic, as gallium oxide is produced from coal, bauxite, and other raw materials that have been in limited supply. With prices of raw materials fluctuating, such as coal prices were relatively high during Q1 and Q2 of 2019, it hampered the market. But China, being a leading producer of coal, has recovered fast from the pandemic. All in all, the gallium oxide market is set to swell 2.2X over the long-term forecast period.

Growth of the gallium oxide market can be attributed to rising industries such as electronics and semiconductors, which capture a lion’s share of the market. In the short term, the market is set to be propelled by increase in research & development activities performed by academic institutes. Considering the long-term emerging uses of gallium oxide in semiconductor, automotive, and electronic industries, demand for the oxide is expected to increase.

Gallium Oxide Market Insights by Grade

Gallium oxide grades that are mostly used are 4N, 5N, and 6N and above. Uses of grades basically depends on the purity of the antinomy. To meet specific requirements or for development or production, different grades are used. Among these segments, 4N held a major share of the market in 2020, valued at US$ 2.3 Mn, and is expected to reach US$ 6.3 Mn by 2030. 5N and 6N and above are expected to progress at a healthy CAGR of 9% and 7%, respectively, over the assessment period.

Gallium Oxide Market Insights by Product

Gallium oxide by product is segmented into alpha-gallium oxide and beta-gallium oxide. Coordination of gallium ions along with crystal space are different for different polymorphs. They are used in making substrates that are further used for research & development activities. Beta-gallium oxide is expected to expand at a healthy CAGR of 9% through 2030.

Gallium Oxide Market Insights by Application

Gallium oxide is mostly used in the production of gallium oxide substrates, which are further used by the semiconductor industry, mostly as it is considered as a next generation material. With recent advances and emerging uses of semiconductors, demand in the gallium oxide market is expected to increase over the forecast period. Talking about the current scenario, substrates made by gallium oxide are mostly used by academic & research labs for research & development activities.

Regional Outlook of Gallium Oxide Market

Asia Pacific currently holds 90% of the global gallium oxide market share, and is expected to expand at a healthy CAGR of 9% and reach US$ 26 Mn by 2030. Kyma Technologies, present in North America, is a major player in the region, and this regional market is expected to reach US$ 1.3 Mn by 2030. Europe and the Rest of the World holds a minimal share, and they are expected to expand at CAGRs of 3.6% and 2.9%, respectively. In the long run, Asia Pacific is set to remain the prominent region in the global gallium oxide market.

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Global Gallium Oxide Market Manufacturers: Key Strategies

The global gallium oxide market is highly consolidated in nature. Chalco, Jinmei, and Neo Performance Materials are the only key market players in tier-1, accounting for more than 70% of the global supply of gallium oxide. Major players such as Chalco are focusing on expanding overall gallium production that will help it generate more revenue from the segment. NANJING JINMEI GALLIUM CO., LTD. has increased capital expenditure on research & development for producing more refined gallium. With the adoption of new technologies, gallium oxide market players are strategizing to stay ahead in the long run.

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The Analyst’s Viewpoint

“Surplus over medium-term forecast period to affect price points.”

COVID-19 Impact on Gallium Oxide Market

More than 77 million cases have been reported of COVID-19 across the globe, which has led to strict lockdowns and shutdowns of operational pants. Stringent social distancing norms have affected the production of materials across regions. As the world is coal dependent, prices of coal spiked 25% during the initial phase of the pandemic. Since China is a leading producer of coal in the world, coal production was almost shut down, which led to increased prices. Currently, the country has recovered from the pandemic even after being the source of the virus. All in all, the gallium oxide market is gradually recovering to its original growth trajectory.

Gallium Oxide Market- Scope of the Report

A recent study by Fact.MR on the gallium oxide market offers a 10-year forecast for 2020 to 2030. The study analyzes crucial trends that are currently determining the growth of the gallium oxide market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of gallium oxide. The study also provides the dynamics that are responsible for influencing the future status of the gallium oxide market over the forecast period.

A detailed assessment of gallium oxide value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the gallium oxide market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Gallium Oxide Market: Report Summary

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the gallium oxide market across the globe.

A comprehensive estimate on the gallium oxide market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of gallium oxide during the forecast period. Price point comparison by region with global average price is also considered in the study.

Gallium Oxide Market: Segmentation

Fact.MR has studied the gallium oxide market with detailed segmentation on the basis of grade, product, application, and key regions.

Grade

  • 4N
  • 5N
  • 6N and Above
Product
  • Alpha-Gallium Oxide
  • Beta-Gallium Oxide

Application

  • Substrates
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized d and prohibited.”

Gallium Oxide Market: Analysis on Market Size Evaluation

The gallium oxide market has been analyzed for each market segment, in terms of volume (Kgs) and value (US$ Thousands).

Market estimates at global and regional levels for gallium oxide is available in terms of “US$ Thousands” for value and in “Kgs” for volume. A Y-o-Y growth contrast on prominent gallium oxide market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global gallium oxide market.

Gallium Oxide Market: Inspected Assessment on Regional Segments

Key sections have been elaborated in the gallium oxide market report, which have helped deliver projections on regional markets. These chapters include regional macros (political economic and business environment outlook), which are expected to have a momentous influence on the growth of gallium oxide market during the forecast period.

Country-specific valuation on demand for gallium oxide has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of dynamics of the prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

Gallium Oxide Market: In-depth Analysis on Competitive Landscape

The report sheds light on the leading manufacturers of gallium oxide, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of gallium oxide has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the gallium oxide market. Prominent companies operating in the global gallium oxide market include Nanjing Jinmei, Chalco, Neo Performance, Saint Gobain, Super Conductor Materials, Inc, and Vital Materials Co., among others.

Table of Contents

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Summary of Statistics

    1.3. Summary of Key Findings

    1.4. Fact.MR Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

    3.1. Risk Assessment

        3.1.1. COVID-19 Crisis and Impact on Gallium Oxide Production

        3.1.2. COVID-19 Crisis and Impact on Gallium Oxide Prices

        3.1.3. COVID-19 Impact Benchmark with Previous Crisis 

            3.1.3.1. Change in Gallium Oxide Demand and Consumption Growth

            3.1.3.2. Before and After COVID-19 Crisis (Projected)

            3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual)

            3.1.3.4. Change in Demand post Recovery Period (After Each Crisis)

        3.1.4. Impact on Market Volume (Kgs) and Value (US$ Thousands)

            3.1.4.1. Likely Loss of Value in 2020

            3.1.4.2. Mid-term and Long Term Forecast

            3.1.4.3. Quarter by Quarter Demand and Recovery Assessment

        3.1.5. Anticipated Demand and Value Recovery Curve

            3.1.5.1. Likelihood of U-Shape Recovery

            3.1.5.2. Likelihood of L-Shape Recovery

        3.1.6. Recovery Period Assessment by Key Countries

        3.1.7. Recovery Assessment by Key Market Segments

        3.1.8. Action Points and Recommendation for Suppliers

        3.1.9. Impact on Trade Balance

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Product Development Trends

4. Market Background and Foundation Data Points

    4.1. Production Method Overview: Gallium Oxide

    4.2. Detailed Use Cases of Gallium Oxide Across Major Industries

    4.3. 360 Degree Analysis

    4.4. Gallium Oxide: Apparent Production & Consumption Analysis

        4.4.1. Production Capacity

            4.4.1.1. By Key Regions

            4.4.1.2. By Key Companies

        4.4.2. Consumption Statistics

        4.4.3. Apparent Trade Analysis

    4.5. Potential Hotspots for Gallium Oxide

    4.6. Global Semiconductors market Overview and trends

        4.6.1. Semiconductor industry confidence index

        4.6.2. Overview & emergence of IOT

        4.6.3. Overview of Artificial Intelligence

        4.6.4. Overview of 5G Technology

        4.6.5. Supply chain challenges

    4.7. Global Gallium market Overview

        4.7.1. Global mining and production

            4.7.1.1. By key countries

            4.7.1.2. By Regions

        4.7.2. Global Gallium demand, by application

    4.8. Macro-Economic Factors

        4.8.1. Global GDP Growth Outlook

        4.8.2. Chemical Industry Growth Outlook

        4.8.3. Fluctuation in Raw Material Prices

        4.8.4. Others

    4.9. Forecast Factors - Relevance & Impact

        4.9.1. Top Companies Historical Growth

        4.9.2. End-Use Industry Growth

        4.9.3. Investments in Gallium Oxide Production Technology

        4.9.4. Planned Expansions 

        4.9.5. Impact of COVID-19 in Short Term Forecast

        4.9.6. Others

    4.10. Market Dynamics

        4.10.1. Drivers

        4.10.2. Restraints

        4.10.3. Opportunity Analysis

    4.11. Scenario Forecast

        (Demand in optimistic, likely, and conservative market conditions)

    4.12. Investment feasibility Analysis

    4.13. Policy and Regulatory Landscape

    4.14. PESTLE and Porter Analysis

    4.15. Gallium Oxide Value Chain Analysis

        4.15.1. Operating Margins (at each node of value chain)

        4.15.2. Key Manufacturers

        4.15.3. Key Distributor/Retailers

        4.15.4. Key Buying Industries

5. Key Success Factors

    5.1. Enhance Focus on the next “3” Phosphor Production, Transistors and Diode Manufacturing

    5.2. Bundled Product Offerings on the basis of Form

    5.3. Strengthening Presence through Channel Partner in Non-Conventional Markets

    5.4. Others (Discussed in Report)

6. Global Gallium Oxide Market Demand (Kgs) Analysis 2019 and Forecast, 2020-2030

    6.1. Historical Market Volume (Kgs) Analysis, 2019

    6.2. Current and Future Market Volume (Kgs) Projections, 2020-2030

    6.3. Y-o-Y Growth Trend Analysis

7. Global Gallium Oxide Market - Pricing Analysis

    7.1. Regional Pricing Analysis

    7.2. Price Variance By Grade

    7.3. Price Evolution and Projection

    7.4. Pricing Break-up and Margins

    7.5. Global Average Pricing Analysis Benchmark

8. Global Gallium Oxide Market Value Analysis 2019 and Forecast, 2020-2030

    8.1. Historical Market Value (US$ Thousands) Analysis, 2019

    8.2. Current and Future Market Value (US$ Thousands) Projections, 2020-2030

        8.2.1. Y-o-Y Growth Trend Analysis

        8.2.2. Absolute $ Opportunity Analysis

9. Global Gallium Oxide Market Analysis 2019 and Forecast 2020-2030, By Grade

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Thousands) and Volume Analysis By Grade, 2019

    9.3. Current and Future Market Size (US$ Thousands) and Volume Analysis and Forecast By Grade, 2020 - 2030

        9.3.1. 4N

        9.3.2. 5N

        9.3.3. 6N & Above

    9.4. Market Attractiveness Analysis By Grade

10. Global Gallium Oxide Market Analysis 2019 and Forecast 2020-2030, By Product

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Thousands) and Volume Analysis By Product, 2019

    10.3. Current and Future Market Size (US$ Thousands) and Volume Analysis and Forecast By Product, 2020 - 2030

        10.3.1. α-Gallium Oxide

        10.3.2. β-Gallium Oxide

    10.4. Market Attractiveness Analysis By Product

11. Global Gallium Oxide Market Analysis 2019 and Forecast 2020-2030, by Application

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Thousands) and Volume Analysis By Application, 2019

    11.3. Current and Future Market Size (US$ Thousands) and Volume Analysis and    Forecast By Application, 2020 - 2030

        11.3.1. Substrates

        11.3.2. Others

    11.4. Market Attractiveness Analysis By Application

12. Global Gallium Oxide Market Analysis 2019 and Forecast 2020-2030, by Region

    12.1. Introduction

    12.2. Historical Market Size (US$ Thousands) and Volume Analysis By Region, 2019

    12.3. Current Market Size (US$ Thousands) and Volume Analysis and Forecast By Region, 2020 - 2030

        12.3.1. North America

        12.3.2. Europe

        12.3.3. Asia-Pacific

        12.3.4. Rest of the World

    12.4. Market Attractiveness Analysis By Region

13. North America Gallium Oxide Market Analysis 2019 and Forecast 2020-2030

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Thousands) and Volume Trend Analysis By Market Taxonomy, 2019

    13.4. Market Size (US$ Thousands) and Volume Forecast By Market Taxonomy, 2020 - 2030

        13.4.1.  By Country

            13.4.1.1. U.S.

            13.4.1.2. Canada

        13.4.2. By Grade

        13.4.3. By Product

        13.4.4. By Application

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Grade

        13.5.3. By Application

        13.5.4. By Product

14. Europe Gallium Oxide Market Analysis 2019 and Forecast 2020-2030

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Thousands) and Volume Trend Analysis By Market Taxonomy, 2019

    14.4. Market Size (US$ Thousands) and Volume Forecast By Market Taxonomy, 2020 - 2030

        14.4.1.  By Country

            14.4.1.1. Germany

            14.4.1.2. France

            14.4.1.3. Italy

            14.4.1.4. Spain

            14.4.1.5. Rest of Europe

        14.4.2. By Grade

        14.4.3. By Product

        14.4.4. By Application

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Grade

        14.5.3. By Product

        14.5.4. By Application

15. Asia-Pacific Gallium Oxide Market Analysis 2019 and Forecast 2020-2030

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Thousands) and Volume Trend Analysis By Market Taxonomy, 2019

    15.4. Market Size (US$ Thousands) and Volume Forecast By Market Taxonomy, 2020 - 2030

        15.4.1.  By Country

            15.4.1.1. China

            15.4.1.2. Japan

            15.4.1.3. South Korea

            15.4.1.4. India

            15.4.1.5. Vietnam

            15.4.1.6. Taiwan

            15.4.1.7. Others

        15.4.2. By Grade

        15.4.3. By Product

        15.4.4. By Application

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Grade

        15.5.3. By Product

        15.5.4. By Application

16. Rest of the World Gallium Oxide Market Analysis 2019 and Forecast 2020-2030

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Thousands) and Volume Trend Analysis By Market Taxonomy, 2019

    16.4. Market Size (US$ Thousands) and Volume Forecast By Market Taxonomy, 2020 - 2030

        16.4.1.  By Country

            16.4.1.1. Latin America

            16.4.1.2. RoW

        16.4.2. By Grade

        16.4.3. By Product

        16.4.4. By Application

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Grade

        16.5.3. By Product

        16.5.4. By Application

17. Market Structure Analysis

    17.1. Market Analysis by Tier of Companies

    17.2. Market Concentration

    17.3. Market Share Analysis of Top Players

    17.4. Market Presence Analysis

        17.4.1. By Regional footprint of Players

        17.4.2. Product footprint by Players

        17.4.3. Channel footprint by Players

18. Competition Analysis

    18.1. Competition Dashboard

    18.2. Competition Benchmarking

    18.3. Competition Deep Dive

        18.3.1. Chalco

            18.3.1.1. Overview

            18.3.1.2. Product Portfolio

            18.3.1.3. Profitability by Market Segments (Product/Channel/Region)

            18.3.1.4. Sales Footprint

            18.3.1.5. Strategy Overview

        18.3.2. Liche Opto Co., Ltd

            18.3.2.1. Overview

            18.3.2.2. Product Portfolio

            18.3.2.3. Profitability by Market Segments (Product/Channel/Region)

            18.3.2.4. Sales Footprint

            18.3.2.5. Strategy Overview

        18.3.3. NANJING JINMEI GALLIUM CO., LTD.

            18.3.3.1. Overview

            18.3.3.2. Product Portfolio

            18.3.3.3. Profitability by Market Segments (Product/Channel/Region)

            18.3.3.4. Sales Footprint

            18.3.3.5. Strategy Overview

        18.3.4. Nanoshell LLC

            18.3.4.1. Overview

            18.3.4.2. Product Portfolio

            18.3.4.3. Profitability by Market Segments (Product/Channel/Region)

            18.3.4.4. Sales Footprint

            18.3.4.5. Strategy Overview

        18.3.5. Neo Performance Materials

            18.3.5.1. Overview

            18.3.5.2. Product Portfolio

            18.3.5.3. Profitability by Market Segments (Product/Channel/Region)

            18.3.5.4. Sales Footprint

            18.3.5.5. Strategy Overview

        18.3.6. Nippon Rare Metal, Inc.

            18.3.6.1. Overview

            18.3.6.2. Product Portfolio

            18.3.6.3. Profitability by Market Segments (Product/Channel/Region)

            18.3.6.4. Sales Footprint

            18.3.6.5. Strategy Overview

        18.3.7. Super Conductor Materials, Inc.

            18.3.7.1. Overview

            18.3.7.2. Product Portfolio

            18.3.7.3. Profitability by Market Segments (Product/Channel/Region)

            18.3.7.4. Sales Footprint

            18.3.7.5. Strategy Overview

        18.3.8. Saint-Gobain

            18.3.8.1. Overview

            18.3.8.2. Product Portfolio

            18.3.8.3. Profitability by Market Segments (Product/Channel/Region)

            18.3.8.4. Sales Footprint

            18.3.8.5. Strategy Overview

        18.3.9. Vital Materials Co.

            18.3.9.1. Overview

            18.3.9.2. Product Portfolio

            18.3.9.3. Profitability by Market Segments (Product/Channel/Region)

            18.3.9.4. Sales Footprint

            18.3.9.5. Strategy Overview

19. Assumptions and Acronyms Used

20. Research Methodology

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Gallium Oxide Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030