Gallium Market set to hit $2005.4 million by 2035, as per recent research by DataString Consulting


Posted May 6, 2025 by Datastring

other key wide areas like semiconductor industry and light emitting diodes are expected to push the market to $2005.4 million by 2035 from $565.3 million of 2024.

 
Gallium arsenide is predominantly used in the semiconductor industry. This alloy enhances the efficiency of microelectronics through increased electron mobility. Gallium arsenide wafers are particularly used in power amplifiers for wireless and cellular technologies due to their superior noise elimination capability. Renowned players like Freescale Semiconductor, Northrop Grumman Corporation, and RF Micro Devices hold substantial market positions in this field, showcasing robust technical proficiencies and competitive product portfolios. The Lighting sector heavily utilizes Gallium nitride for the production of LEDs. Gallium nitride has an inherent advantage of higher energy efficiency and longer lifespan than traditional lighting solutions. Furthermore, its capabilities to produce a diverse range of colors make it ideal for application in Full-Color LED Displays and White LEDs. Nichia, Cree Inc., and Epistar are among the top successful companies in this industry, demonstrating notable strengths in performance standards, product quality, and market presence.

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Historically, gallium has been less commonly used in the fabrication of semiconductors. The industry, led by siliconbased compounds, did not only initially recognize the advantages this element could offer. However, this transition started to take place when researchers discovered that gallium compounds offered superior speed and efficiency, particularly in highfrequency applications. The impact was profound gallium arsenide and gallium nitride transformed the telecommunications industry by enabling highfrequency, fast, and energyefficient operations. This made galliumbased semiconductors the ideal choice for 5G technology, satellite communications, and even military radar systems. As a result, the demand for gallium skyrocketed, signifying the beginning of a new era in the semiconductor industry.

Industry Leadership and Strategies

The Gallium market within top 3 demand hubs including China, U.S. and Germany, is characterized by intense competition, with a number of leading players such as Nyrstar, Umicore, AMG Advanced Metallurgical Group, JSC Corporation, SP Materials, Indium Corporation, LANXESS, American Elements, CNMC Ningxia Orient Nonferrous Metal Group Co. Ltd., Aluminum Corporation of China, Recylex and DOWA Holdings. Below table summarize the strategies employed by these players within the eco-system.
This market is expected to expand substantially between 2025 and 2030, supported by market drivers such as innovation in the semiconductors industry, evolution of the solar power industry, and trends in the lighting industry.

Regional Analysis

Innovation in the technology industry drives the North American market for Gallium. With its impressive properties, Gallium has become an important material in semiconductors, leading to an increased demand in the US. The evolution of the IOT and the burgeoning telecom infrastructure provide top opportunities for Gallium suppliers and producers. Companies like Cree and Sumitomo Electric are key players benefiting from this demand. North American gallium market growth is also spurred by the adoption of 5G technology, solidifying its crucial role in the telecommunication sector.

Research Study analyse the global Gallium market in detail and covers industry insights & opportunities at Product Form (Arsenide, Nitride, Phosphide, Others), End-User (Semiconductor, Medical, Photovoltaics, Telecommunication, Others) and Production Process (Zinc Ore Processing, Aluminum Ore Processing, Scrap Processing) for more than 20 countries.

About DataString Consulting

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated May 6, 2025