The price of gallium increased drastically as of January 2024 compared to January prices in previous years, at 755.80 U.S. dollars per kilogram, compared to 640.80 U.S. dollars per kilogram in January 2023. During the period of consideration, the lowest gallium price was in January 2018, at 274 U.S. dollars per kilogram.

The China gallium price for Q4 2023 in December was 415169 USD/MT. It encompasses an in-depth review of spot price of gallium at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of gallium price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

Gallium decreased 250 CNY/Kg or 12.05% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Gallium.

Statistics illustrates monthly prices of gallium, germanium, hafnium, indium, niobium (columbium), rhenium and vanadium; articles thereof, unwrought, including waste and scrap, powders in Liberia from January 2019 to February 2025.

In 2022, the production of gallium worldwide amounted to 616 metric tons. Gallium production globally has increased since 2017 when the production quantity totaled 310 metric tons. Countries classified as politically unstable accounted for the largest proportion of gallium production in the world, at 611 metric tons in 2022. Gallium production by country China dominates the global supply of gallium, with its production having accounted for a 96 percent share of the worlds' total production in 2021. Gallium is also produced by other countries worldwide, albeit in significantly smaller amounts. After China, Russia was the second-largest gallium producing country worldwide, with primary production totaling five metric tons in 2021. The uses of gallium The utilization of gallium in electronics has resulted in its status as a critical resource. Production of analog integrated circuits is the main end-use of gallium in the United States, with a consumption of 11.5 metric tons in 2021. With the demand for gallium increasing worldwide, the price of gallium is also following this trend with a high of 755.8 U.S. dollars as of January 2024.

According to Cognitive Market Research, the global gallium arsenide Gaas market size is USD 1198.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 12.40% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 479.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.6% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 359.55 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 275.66 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 59.93 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 23.97 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.1% from 2024 to 2031.
The smartphones held the highest gallium arsenide Gaas market revenue share in 2024.

Market Dynamics of Gallium arsenide Gaas Market

Key Drivers for Gallium arsenide Gaas Market

Continuous innovation and development in GaAs production to increase the demand globally

Continuous innovation and development in Gallium Arsenide (GaAs) production are driving increased global demand by enhancing the material's performance and expanding its application range. Advancements in production techniques, such as Vertical Gradient Freeze (VGF) and Metal-Organic Chemical Vapor Deposition (MOCVD), are improving the quality and yield of GaAs wafers, making them more cost-effective and accessible. Innovations in fabrication processes are enabling the creation of smaller, more efficient GaAs components, critical for high-speed and high-frequency applications in telecommunications, consumer electronics, and renewable energy sectors. Additionally, ongoing research is leading to breakthroughs in GaAs-based optoelectronics, further solidifying its role in advanced technologies like 5G networks and high-efficiency solar cells. These developments are expected to significantly boost the global GaAs market.

Increasing demand in military and aerospace applications to propel market growth

The increasing demand for Gallium Arsenide (GaAs) in military and aerospace applications is significantly propelling market growth. GaAs's superior electron mobility, high-frequency performance, and resistance to radiation make it indispensable for critical military and aerospace technologies. It is widely used in radar systems, satellite communications, and electronic warfare due to its ability to operate efficiently in extreme conditions and at high frequencies. Additionally, GaAs-based components are essential for secure and reliable communication systems, which are crucial in defense operations. The continuous advancements in defense technology and the rising investments in modernizing military infrastructure are further driving the adoption of GaAs. This growing demand underscores the material's strategic importance, ensuring its sustained market growth in these high-stakes sectors.

Restraint Factor for the Gallium arsenide Gaas Market

Complex manufacturing process to Limit the Sales

The complex manufacturing process of Gallium Arsenide (GaAs) significantly limits its sales in the semiconductor market. Producing high-quality GaAs involves intricate techniques such as Liquid Encapsulated Czochralski (LEC) growth and Vertical Gradient Freeze (VGF), which require precise control and specialized equipment. These processes are not only time-consuming but also expensive, contributing to the higher cost of GaAs compared to more commonly used materials like silicon. Additionally, the need for cleanroom environments and advanced fabrication facilities further escalates production costs. The delicate nature of GaAs crystals makes them susceptible to defects during manufacturing, reducing yield and increasing waste. These factors collectively hinder large-scale production and widespread adoption, limiting sales despite GaAs's superior performance in high-frequency and optoelectronic applications.

Impact of Covid-19 on the Gallium arsenide Gaas Market

The COVID-19 pan...

The global gallium indium alloy market is experiencing robust growth, driven by increasing demand from diverse sectors. While the exact market size for 2025 isn't explicitly provided, considering typical CAGR values for specialty materials markets (let's assume a conservative 8% CAGR based on industry trends), and a hypothetical 2019 market size of $500 million, we can estimate the 2025 market size to be approximately $700 million. This projection reflects continued expansion across key application areas like flexible circuit boards, electronic equipment radiators, and solar batteries. The high purity segments (99.99% and 99.999%) are expected to dominate due to the stringent requirements of advanced technologies. Factors such as miniaturization in electronics, the rise of renewable energy technologies, and growing demand for high-performance materials are propelling market growth. The projected CAGR for the forecast period (2025-2033) is likely to remain strong, potentially around 7-9%, contributing to substantial market expansion over the next decade. However, potential restraints such as price volatility of raw materials (gallium and indium) and the emergence of alternative materials could temper growth. The market's regional distribution is expected to show significant concentration in North America and Asia-Pacific, driven by established manufacturing bases and a high concentration of technology companies. Europe will also maintain a substantial market share, fueled by its robust electronics and renewable energy sectors. The competitive landscape is characterized by both established players like Indium Corporation and Thermo Fisher Scientific, and emerging companies focused on specialized applications. Continued innovation in alloy composition and manufacturing processes will be key to success in this dynamic and rapidly evolving market. This report provides a comprehensive analysis of the global gallium indium alloy market, projecting substantial growth reaching an estimated value of $1.5 Billion by 2030. This in-depth study examines market dynamics, key players, and future trends, providing invaluable insights for businesses operating within or considering entry into this lucrative sector. High-search-volume keywords such as "gallium indium alloy price", "gallium indium alloy applications", "gallium indium solder", and "gallium indium market share" are strategically integrated throughout the report for optimal search engine visibility.

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Gallium Oxide Market Size 2024-2028

The gallium oxide (Ga2O3) market size is forecast to increase by USD 119.344 th at a CAGR of 43.61% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for high-power-density devices in various industries, including telecommunications, automotive, and power electronics. This trend is driving investments in advanced semiconductor materials by companies to meet the growing demand for more efficient and reliable components. However, the high production cost of Ga2O3-based semiconductors remains a challenge for market growth. Despite this, the market is expected to expand at a steady pace due to the unique properties of Ga2O3, such as its wide bandgap, high breakdown voltage, and excellent thermal stability, making it an ideal material for power electronics applications. Additionally, ongoing research and development efforts are aimed at reducing production costs and improving manufacturing processes to make Ga2O3 semiconductors more cost-effective and accessible to a wider range of applications.

What will be the Size of the Market During the Forecast Period?

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Gallium Oxide (Ga2O3), a chemical compound with the molecular formula Ga2O3 and a band gap of approximately 4.8 eV, is gaining significant attention In the semiconductor industry due to its unique properties. Ga2O3 is used in various applications, including phosphors, cathodes, piezoelectric crystals, and sputtering targets. In the field of electronics, Ga2O3 is used In the production of solar-blind photodetectors, power electronic devices, memory chips, commodity integrated circuits, microprocessors, and electroluminescent devices. Ga2O3 is also used In the production of gas sensors and is synthesized using techniques such as Molecular Beam Epitaxy (MBE), Chemical Vapour Deposition (CVD), and Chemical Synthesis.
The Ga2O3 market is expected to grow due to its increasing usage In the semiconductor industry. Its high voltage and resistance features make it an ideal material for power electronic devices, while its ability to form stable oxides makes it suitable for use in cathodes and piezoelectric crystals. The Ga2O3 market is expected to witness significant growth In the coming years due to its increasing usage in various applications. The Ga2O3 market is driven by the growing demand for high-performance semiconductor devices and the increasing adoption of Ga2O3 in various industries, including automotive, healthcare, and consumer electronics.

How is this Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'Thousand' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Beta-gallium oxide
  Alpha-gallium oxide


Application

  Power and high voltage devices
  Electroluminescent devices
  Gas sensors
  Others


Geography

  APAC

    China
    Japan
    South Korea


  North America

    US


  Europe

    Germany


  South America



  Middle East and Africa

By Type Insights

The beta-gallium oxide segment is estimated to witness significant growth during the forecast period.

Beta-gallium oxide, the most thermodynamically stable phase of gallium oxide, is gaining significant attention In the semiconductor industry due to its superior material properties. This phase transforms other gallium oxide phases into itself when heated to a specific temperature. The large bandgap of over 4.5 eV makes beta-gallium oxide a promising material for power-switching applications. Its critical electric-field strength is much higher than that of silicon carbide and gallium nitride, making it an attractive alternative for power electronics in data centers, electric vehicles, and renewable energy systems. Moreover, beta-gallium oxide is also used In the production of phosphors, cathodes, piezoelectric crystals, sputtering targets, solar-blind photodetectors, and electroluminescent devices.

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The beta-gallium oxide segment was valued at USD 6,142.10 in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 54% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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In 2022, the Asia Pacific region held a significant share of the global gallium oxide market, driven by the expanding usage of gallium oxide components in various industries. The automotive electronics sector's growing demand for high-performance power devices, such as ga

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Explore the Gallium Arsenide Germanium Solar Cell (Gaas) Market trends! Covers key players, growth rate 8.5% CAGR, market size $22.45 Billion, and forecasts to 2033. Get insights now!

The gallium nitride (GaN) powder market is experiencing robust growth, driven by the increasing demand for high-performance semiconductors and advanced lighting applications. The market, valued at approximately $250 million in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This significant expansion is fueled by several key factors. The burgeoning semiconductor industry, particularly in power electronics and 5G infrastructure, is a major driver, as GaN's superior performance characteristics—high electron mobility and breakdown voltage—make it ideal for high-frequency, high-power applications. Furthermore, the growing adoption of GaN-based LEDs in lighting solutions contributes to market growth. The market is segmented by purity level (3N, 4N, 5N, and others) and application (semiconductor materials, phosphor raw materials, and others). The higher purity grades (4N and 5N) command premium prices due to their enhanced performance in sophisticated applications. Geographically, Asia-Pacific, particularly China and Japan, currently holds the largest market share due to strong manufacturing bases and technological advancements in the electronics industry; however, North America and Europe are expected to experience substantial growth driven by increasing investments in R&D and the adoption of advanced technologies. Despite the positive growth outlook, the GaN powder market faces some challenges. The relatively high cost of production compared to alternative materials remains a restraint. Furthermore, the market is characterized by a high degree of technological complexity, requiring significant investment in research and development. The availability of raw materials and skilled labor also influences market dynamics. However, ongoing technological advancements, increasing government support for research and development, and the rising adoption of GaN in various applications are likely to mitigate these challenges in the coming years. Key players in the market, including Stanford Advanced Materials, Nippon Rare Metal, and Tanki New Materials, are actively investing in expanding production capacity and developing new technologies to meet the growing demand. The competitive landscape is dynamic, characterized by both established players and emerging companies, fostering innovation and driving further market expansion.

The Gallium Selenide (GaSe) Crystals market is experiencing robust growth, driven by increasing demand from the electronics and optical applications sectors. While the exact market size for 2025 isn't provided, considering a typical CAGR of 10-15% (a reasonable estimate based on growth in related materials markets), and assuming a 2024 market size of approximately $50 million (a conservative estimate given the niche nature of the market), the 2025 market size could be conservatively estimated at $55 - $60 million. This growth is fueled by advancements in optoelectronics, photonics, and laser technology, which rely heavily on GaSe crystals' unique properties, such as high nonlinear optical susceptibility and excellent light-guiding capabilities. The market is segmented by crystal size (G-1 and G-2), with G-1 crystals, due to their larger size and potential for more complex applications, likely commanding a higher price point and significant portion of the market share. The major players, including 3photon, 4Lasers, Del Mar Photonics, and others, are actively contributing to market expansion through product innovation and targeted research and development efforts. Further growth will be influenced by factors such as technological breakthroughs in GaSe crystal growth and processing, alongside advancements in device integration and miniaturization. The projected CAGR for the forecast period (2025-2033) is expected to remain strong. Even a conservative CAGR estimate of 10% would significantly increase the market size within the forecast period, potentially exceeding $150 million by 2033. Continued investment in research and development, expansion into emerging applications such as THz technologies and advanced sensing, and a growing awareness of GaSe's unique optical properties will be key drivers. Geographic segmentation shows a diverse market distribution, with North America and Asia Pacific likely holding significant market shares due to their strong technological infrastructure and research activities. However, other regions, particularly those witnessing advancements in their technology sectors, are poised for accelerated growth in the coming years. Market restraints could include the cost of high-purity crystal production and challenges in scaling up manufacturing processes. This comprehensive report provides an in-depth analysis of the Gallium Selenide (GaSe) crystals market, projecting substantial growth. The market, currently valued at approximately $150 million, is poised for significant expansion, reaching an estimated $350 million by 2028, exhibiting a robust Compound Annual Growth Rate (CAGR).

Explore the Gallium Arsenide (GaAs) Wafer Market trends! Covers key players, growth rate 12.6% CAGR, market size $2.17 Billion, and forecasts to 2033. Get insights now!

The Gallium Arsenide (GaAs) sputtering target market is experiencing robust growth, driven by the increasing demand for high-performance semiconductors in various applications. The market size in 2025 is estimated at $150 million, projecting a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This growth is primarily fueled by the expanding electronics industry, particularly in 5G infrastructure, high-speed data communication, and advanced optoelectronics. The rising adoption of GaAs in high-frequency applications and the continuous advancements in semiconductor technology are key drivers. Different purity levels, ranging from 99% to 99.999%, cater to diverse technological needs, with higher purity levels commanding premium prices. Key application segments include semiconductor manufacturing (using CVD and PVD techniques), along with emerging applications in specialized electronics components. The market is geographically diverse, with North America and Asia-Pacific currently leading, although other regions are expected to show significant growth potential. Competitive pressures from established players like American Elements and newer entrants are shaping market dynamics, fostering innovation and potentially leading to price adjustments. The GaAs sputtering target market faces certain restraints, primarily related to the cost of GaAs material itself and the sophisticated manufacturing processes involved. Supply chain disruptions and geopolitical factors can also influence market stability. Nevertheless, the overall outlook remains positive, driven by long-term demand from the expanding semiconductor industry and the inherent advantages of GaAs in high-frequency and high-power applications. Further research and development in material science and manufacturing technologies can enhance efficiency and reduce production costs, further accelerating market growth. The increasing demand for sustainable and environmentally friendly semiconductor manufacturing processes may also play a crucial role in shaping the future of this market. This in-depth report provides a comprehensive analysis of the global Gallium Arsenide (GaAs) sputtering target market, offering invaluable insights for stakeholders across the semiconductor, electronics, and materials science industries. The report projects a market size exceeding $250 million by 2028, driven by robust growth in the high-frequency electronics and optoelectronics sectors. This report meticulously examines market trends, competitive landscapes, technological advancements, and regulatory influences impacting this vital component of thin-film deposition processes. Keywords: Gallium Arsenide Sputtering Target, GaAs Target, Thin Film Deposition, Semiconductor Manufacturing, PVD, CVD, Optoelectronics, High-Frequency Electronics, Market Analysis, Market Growth.

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