Press release
Gallium Oxide Substrate Market Expects US$ 9.7 Million Value By 2032
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=5464
"Evolving scene of the semiconductor industry is responsible for the robust growth of the global gallium oxide substrate market, which is projected to double in value over the next ten years,"says a Fact.MR analyst.
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐
Fact.MR has studied the gallium oxide substrate market with detailed segmentation on the basis of dopant, application, and key regions.
Dopant
โข Sn
โข Fe
โข Others
Application
โข Visible/ Ultraviolet LEDs
โข Power Semiconductors
โข Ultraviolet Detectors
Region
โข North America
โข Europe
โข Asia Pacific
โข Rest of the World
๐๐ก๐๐ซ๐ ๐๐จ๐ฎ๐ซ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ & ๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ- https://www.factmr.com/connectus/sample?flag=RC&rep_id=5464
Sales of gallium oxide substrate accounted for nearly 36.3% of the global gallium oxide market at the end of 2021. Application in semiconductors surges the market's demand growth over the period.
Key Takeaways from Global Gallium Oxide Substrate Market
The global gallium oxide substrate market is anticipated to race ahead and add 2.1X value in 2030 as compared to 2020.
Sn dopants capture nearly 59% of the global gallium oxide substrates market.
Among the applications, visible/ ultraviolet LEDs hold a major share of the market - around 57% in 2020 - as LEDs are adopted across industries for various uses such as purification, currency detecting, etc.
Asia Pacific holds a leading share in the gallium oxide substrate market, of which, Taiwan has been the demand center in FY2020. North America is the second-most attractive region in the global gallium oxide substrate market.
After initial setbacks due to the onset of the COVID-19 virus, the gallium oxide substrate market is gradually recovering and getting back to its normal growth trajectory.
๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ: https://www.factmr.com/checkout/5464
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฅ๐๐๐๐ข๐ง๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Liche Opto Co., Ltd
โข NANJING JINMEI GALLIUM CO., LTD.
โข Nanoshell LLC
โข Neo Performance Materials
โข Nippon Rare Metal, Inc.
โข Super Conductor Materials, Inc.
โข Saint-Gobain
โข Vital Materials Co.
โข Tamura Corporation
โข Novel Crystal Technology
Kyma Technologies Inc.
Players in this space have the power to maintain high prices of substrates, which will also act as a barrier for new entrants trying to enter this market place.
More Valuable Insights on Gallium Oxide Substrate Market
Fact.MR, in its new offering, presents an unbiased analysis of the global gallium oxide substrate market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges essential insights on the gallium oxide substrate market on the basis of dopant (tin, iron, and others) and application (visible/ ultraviolet LEDs, power semiconductors, and ultraviolet detectors), across four major regions of the world.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐ ๐๐๐ญ.๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก: https://www.globenewswire.com/en/news-release/2022/09/26/2522615/0/en/Third-Generation-Advanced-High-Strength-Steel-Opening-Plethora-of-Opportunities-for-Manufacturers-Says-Fact-MR.html
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About Fact.MR
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Latest Trends In Gallium Oxide Market
Gallium oxide, a wide-bandgap semiconductor material, has gained substantial attention in recent years due to its remarkable electrical and thermal properties.
This compound exhibits excellent thermal stability, high breakdown voltage, and strong potential for applications in the electronics and power semiconductor industries.
The gallium oxide market is experiencing significant growth as researchers and manufacturers explore its diverse range of applications.
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Key Market Drivers:
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