Gallium Oxide Substrate Market: About the Report
Rapidly growing demand for gallium oxide substrate, especially from the semiconductor and electronics industry, is set to lead to robust market growth over the next ten years. The automotive and aerospace industry too will provide some impetus to market growth over the coming years. Tin dopants will be much sought-after in this extremely consolidated market space. Fact.MR’s report further elaborates on how the COVID-19 pandemic will affect the growth of the gallium oxide substrate market in the short term, and what the long-term prospects look like. With a flourishing semiconductor and electronics industry, Asia Pacific will lead market growth through 2030.
Gallium Oxide Substrate Market Overview
The global gallium oxide substrate market has witnessed healthy growth at a CAGR of 8.1% over the past half-decade. Although substrate formation is dependent on raw materials such as bauxite, coal, and sulphidic zinc ores, prices of substrate may vary according to their availability. As China is the leading producer of coal across regions, any trade war or insecurity in trade relations may lead to price fluctuation. For instance, during the COVID-19 lockdown, China was initially the most affected country, and the prices of coal spiked up to 25%, which hampered many sectors, including the substrate market. Now China has almost recovered and the market is set to swell 2.5X over the long-term forecast period.
Gallium Oxide Substrate Market Insights by Dopant
Dopants are deliberately added to other materials or compounds, or in other words, this is an impurity that is added into a chemical material for attaining the desired electrical semiconductor properties and characteristics. Tin- and iron-based dopants are mostly used in gallium oxide substrates for doping. Further, they are mostly used in research & development activities. Tin dopants are currently holding more than half of the gallium oxide substrate market share, and this share is expected to increase over the forecast period.
For more valuable information on the contribution of each dopant to the global gallium oxide substrate market value, ask an expert analyst
Gallium Oxide Substrate Market Insights by Application
Gallium oxide substrates are significantly used in visible/ ultraviolet LEDs, power semiconductors, and ultraviolet detectors. Among them, the visible ultraviolet LEDs segment is expected to hold more than half the market value share. As the number of uses of visible/ ultraviolet LEDs is increasing - for example in purification systems, healthcare labs, forensic labs, etc. - demand for the substrate is also expected to increase in parallel lines.
Regional Outlook of Gallium Oxide Substrate Market
Asia Pacific is holding more than 80% of the global gallium oxide substrate market share among all regions. As Taiwan is exceedingly progressing in semiconductors with advanced technological processes, demand for gallium oxide substrate is expected to increase further over the coming years. Next comes North America, which holds a share of around 8%. Although only three players are present in the market, among which, one of them is in North America - Kyma Technologies Inc. – the company has recently entered the gallium oxide substrate market and will take some time to compete with other major players. Europe and the Rest of the World hold very low shares currently in the global gallium oxide substrate market.
In the long-run forecast period, Asia Pacific is expected to remain a prominent region in gallium oxide substrate market.
For more valuable insights on regional markets for gallium oxide substrates, request a report sample
Gallium Oxide Substrate Market Manufacturers: Key Strategies
The global gallium oxide substrate market has only three players - Tamura Corporation, Novel Crystal Technology, and Kyma Technologies Inc. Tamura and Novel Crystal hold major shares in this market space, as Kyma has recently entered into the market. Tamura Corporation, in particular, holds a major share in the market, as it provides substrates to the U.S. navy for research & development purposes.
The Analyst’s Viewpoint
“Gallium oxide substrate will experience high application in visible/ ultraviolet LEDs in the next decade.”
COVID-19 Impact on Gallium Oxide Substrate Market
The coronavirus pandemic has severely affected business lines and operations across the globe. During the initial phase of the pandemic, the gallium oxide substrate market faced a shortage of raw materials such as coal. East Asian countries such as China, a major producer of coal, were majorly affected by the pandemic, which led to increase in prices of coal, thereby majorly affecting the market.
However, China has recovered fast from the adverse effects of the pandemic. Price fluctuations in raw materials during the pandemic have hampered the growth of the gallium oxide substrate market, especially in Q2. Currently, the market is in a recovery phase, and is expected to expand its potential in the long run.
Gallium Oxide Substrate Market- Scope of Report
A recent study by Fact.MR on the gallium oxide substrate market offers a 10-year forecast for 2020 to 2030. The study analyzes crucial trends that are currently determining the growth of gallium oxide substrate 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 substrates. The study also provides the dynamics that are responsible for influencing the future status of the gallium oxide substrate market over the forecast period.
A detailed assessment of gallium oxide substrate 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 substrate market, along with their product portfolios, enhances the reliability of this comprehensive research study.
Gallium Oxide Substrate 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 substrate market across the globe.
A comprehensive estimate on the gallium oxide substrate market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of gallium oxide substrates during the forecast period. Price point comparison by region with global average price is also considered in the study.
Gallium Oxide Substrate Market: Segmentation
Fact.MR has studied the gallium oxide substrate market with detailed segmentation on the basis of dopant, application, and key regions.
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“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 Substrate Market: Analysis on Market Size Evaluation
The gallium oxide substrate market has been analyzed for each market segment in terms of volume (Units) and value (US$ Th).
Market estimates at global and regional levels for gallium oxide substrates are available in terms of “US$ Th” for value and in “Units” for volume. A Y-o-Y growth contrast on prominent gallium oxide substrate 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 substrate market.
Gallium Oxide Substrate Market: Inspected Assessment on Regional Segments
Key sections have been elaborated in the gallium oxide substrate 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 substrate market during the forecast period.
Country-specific valuation on demand for gallium oxide substrates has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of 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 Substrate Market: In-depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of gallium oxide substrates, 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 substrates 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 substrate market. Prominent companies operating in the global gallium oxide substrate market include Tamura Corporation, Novel Crystal Technology, and Kyma Technologies Inc.
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 Substrate Production
3.1.2. COVID-19 Crisis and Impact on Gallium Oxide Substrate Prices
3.1.3. COVID-19 Impact Benchmark with Previous Crisis
3.1.3.1. Change in Gallium Oxide Substrate 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 (Tons) and Value (US$ Mn)
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
4. Market Background and Foundation Data Points
4.1. Global Semiconductors market Overview and trends
4.1.1. Semiconductor industry confidence index
4.1.2. Overview & emergence of IOT
4.1.3. Overview of Artificial Intelligence
4.1.4. Overview of 5G Technology
4.1.5. Supply chain challenges
4.2. Overview of Power electronics
4.2.1. Market Overview and forecast
4.2.2. Material Comparison
4.3. Global Gallium market Overview
4.3.1. Global mining and production
4.3.1.1. By key countries
4.3.1.2. By Regions
4.3.2. Global Gallium demand, by application
4.4. Gallium Oxide Market Overview
4.5. Processing Technology Outlook – Gallium Oxide Substrate
4.6. Forecast Factors
4.6.1. Global GDP growth outlook
4.6.2. Global semiconductor industry growth
4.6.3. Global electrical industry growth
4.6.4. Global electronics industry growth
4.7. Market Dynamics
4.7.1. Drivers
4.7.1.1. Macro-economic driver
4.7.1.2. Supply-side driver
4.7.1.3. Demand-side driver
4.7.2. Restraints
4.7.3. Opportunity Analysis
4.8. Forecast Factors - Relevance & Impact
4.8.1. Population Growth and Forecast
4.8.2. Gallium Oxide Industry growth
4.8.3. COVID-19 Impact Over Short Term Forecast
4.8.4. Others
4.9. Investment feasibility Analysis
4.10. PESTLE and Porter Analysis
4.11. Gallium Oxide Substrate Value Chain Analysis
4.11.1. Operating Margins (at each node of value chain)
4.11.2. Key Manufacturers
4.11.3. Key Distributor/Retailers
4.11.4. Key Gallium Oxide Substrate Brands
4.11.5. Key Buying Industries
5. Key Success Factors
5.1. Excel at Managing Unpredictable And Multifaceted Supply Chains Globally
5.2. Demand Classification
5.3. Demand Flow
6. Global Gallium Oxide Substrate Market Demand (Units) Analysis 2019-2030 and Forecast, 2020-2030
6.1. Current and Future Market Volume (Units) Projections, 2020-2030
6.2. Y-o-Y Growth Trend Analysis
7. Global Gallium Oxide Substrate Market - Pricing Analysis
7.1. Regional Pricing Analysis
7.2. Price Variance by Dopant
7.3. Price Evolution and Projection
8. Global Gallium Oxide Substrate Market Value Analysis 2019-2030 and Forecast, 2020-2030
8.1. Current and Future Market Value (US$ Mn) Projections, 2020-2030
8.1.1. Y-o-Y Growth Trend Analysis
8.1.2. Absolute $ Opportunity Analysis
9. Global Gallium Oxide Substrate Market Analysis 2019-2030 and Forecast 2020-2030, By Dopant
9.1. Introduction / Key Findings
9.2. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Dopant, 2020 - 2030
9.2.1. Sn
9.2.2. Fe
9.2.3. Others
9.3. Market Attractiveness Analysis By Dopant
10. Global Gallium Oxide Substrate Market Analysis 2019-2030 and Forecast 2020-2030, By Application
10.1. Introduction / Key Findings
10.2. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2020 - 2030
10.2.1. Visible / Ultraviolet LED
10.2.2. Power semiconductor
10.2.3. Ultraviolet detector
10.3. Market Attractiveness Analysis By Application
11. Global Gallium Oxide Substrate Market Analysis 2019-2030 and Forecast 2020-2030, by Region
11.1. Introduction
11.2. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2020 - 2030
11.2.1. North America
11.2.2. Europe
11.2.3. Asia Pacific
11.2.4. Rest of The World
11.3. Market Attractiveness Analysis By Region
12. North America Gallium Oxide Substrate Market Analysis 2019-2030 and Forecast 2020-2030
12.1. Introduction
12.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2030
12.2.1. By Country
12.2.1.1. U.S.
12.2.1.2. Canada
12.2.2. By Dopant
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Dopant
12.3.3. By Application
13. Europe Gallium Oxide Substrate Market Analysis 2019-2030 and Forecast 2020-2030
13.1. Introduction
13.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2030
13.2.1. By Country
13.2.1.1. Germany
13.2.1.2. U.K.
13.2.1.3. France
13.2.1.4. Spain
13.2.1.5. Italy
13.2.1.6. BENELUX
13.2.1.7. Russia
13.2.2. By Dopant
13.2.3. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Dopant
13.3.3. By Application
14. Asia Pacific Gallium Oxide Substrate Market Analysis 2019-2030 and Forecast 2020-2030
14.1. Introduction
14.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2030
14.2.1. By Country
14.2.2. China
14.2.3. Japan
14.2.4. South Korea
14.2.5. India
14.2.6. Vietnam
14.2.7. Taiwan
14.2.8. Others
14.2.9. By Dopant
14.2.10. By Application
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Dopant
14.3.3. By Application
15. Rest of The World Gallium Oxide Substrate Market Analysis 2019-2030 and Forecast 2020-2030
15.1. Introduction
15.2. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2030
15.2.1. By Region
15.2.1.1. Latin America
15.2.1.2. Middle East & Africa
15.2.2. By Dopant
15.2.3. By Application
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Dopant
15.3.3. By Application
16. Market Structure Analysis
16.1. Market Concentration
16.2. Market Share Analysis of Top Players
16.3. Market Presence Analysis
16.3.1. By Regional footprint of Players
16.3.2. Product footprint by Players
16.3.3. Channel footprint by Players
17. Competition Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Competition Deep Dive (Indicative List)
17.3.1. Kyma Technologies, Inc.
17.3.1.1. Overview
17.3.1.2. Product Portfolio
17.3.1.3. Production Capacity
17.3.1.4. Profitability by Market Segments (Product/Channel/Region)
17.3.1.5. Sales Footprint
17.3.1.6. Strategy Overview
17.3.2. TAMURA Corporation.
17.3.2.1. Overview
17.3.2.2. Product Portfolio
17.3.2.3. Production Capacity
17.3.2.4. Profitability by Market Segments (Product/Channel/Region)
17.3.2.5. Sales Footprint
17.3.2.6. Strategy Overview
17.3.3. Novel Crystal Technology
17.3.3.1. Overview
17.3.3.2. Product Portfolio
17.3.3.3. Production Capacity
17.3.3.4. Profitability by Market Segments (Product/Channel/Region)
17.3.3.5. Sales Footprint
17.3.3.6. Strategy Overview
18. Assumptions and Acronyms Used
19. Research Methodology
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Gallium Oxide Substrate Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030