Press release
Xenon Market Outlook Till 2031: CAGR, Segment Analysis & Regional Share | Lighting, Automotive, Aerospace - Japan News
Global Xenon Market reached US$ 228.0 million in 2023 and is expected to reach US$ 287.0 billion by 2031, growing with a CAGR of 7.0% during the forecast period 2024-2031.Latest News Updates from Japan related to Xenon:
1. Domestic Xenon Production Upgraded in Japan
Taiyo Nippon Sanso Corp. (TNSC), part of Nippon Sanso Holdings, has finished installing new equipment at the Fukuyama Plant to produce 210,000 L/year of xenon (along with krypton) domestically. Previously, Japan relied heavily on imports for rare gases like xenon. This move is part of a government-supported initiative to boost domestic manufacturing and stabilize the supply chain critical for industries especially semiconductor production
What This Means:
Strengthened domestic supply: The new facility at Fukuyama reduces reliance on imports and provides stable xenon sources for high-tech sectors in Japan.
Lighting market boom: Growth in xenon HID applications shows robust demand, positioning Japan as a leader in advanced lighting technologies.
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Xenon Market Overview
The Xenon Market refers to the global trade in xenon gas-a rare, inert noble gas (Xe) extracted primarily via fractional distillation of liquid air. It's prized for its use in high-intensity discharge lamps, automotive lighting, medical imaging,
Research Methodology:
The global Xenon Market research report is based on a combination of primary and secondary data sources. The study carefully analyzes various factors influencing the industry, including government regulations, market dynamics, competitive landscape, historical trends, current conditions, and technological progress. It also evaluates future developments, related industry trends, market volatility, growth prospects, potential obstacles, and emerging challenges.
Segment Covered in the Xenon Market:
By Type: N3, N4.5, N5
By Xenon Type: High Purity Xenon, Common Purity Xenon
By Stable Isotopes: Xenon-124 (0.096), Xenon-126 (0.090), Xenon-128 (1.92), Xenon-129 (26.44), Xenon-130 (4.08), Xenon-131 (21.18), Xenon-132 (26.89), Xenon-134 (10.44), Xenon-136 (8.87
By Compound: Halides, Oxides, Oxofluorides, Oxo Salts, Others
By Application: Imaging & Lighting, Satellite, Electronics & Semiconductors, Medical, Aerospace and Aircraft, Automotive and Transportation Equipment, PDP Backlighting, Others
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List of the Key Players in the Xenon Market:
Air Liquide, Linde plc., Air Products and Chemicals, Inc., Messer Group GmbH, Proton Gases (India) Pvt. Ltd., Matheson Tri-Gas, Inc., American Gas Products, Coregas Pty Ltd., Akela-p Medical Gases P. Ltd. and Electronic Fluorocarbons, LLC.
Industry Development:
On February 16, 2023, Intel launched two new CPUs under the codename Sapphire Rapids, aimed at professional creators the Xeon W-3400 and W-2400 series. These processors offer up to 56 cores on a single socket and support DDR5 RDIMM memory, PCIe Gen 5.0, and Wi-Fi 6E. Featuring a larger L3 cache and an upgraded memory controller, the flagship model, Intel Xeon W-3495X, delivers up to 120% better single-thread and 28% better multi-thread performance compared to the previous generation.
Regional Analysis for Xenon Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Report Includes:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Go-to-market Strategy.
➡ Neutral perspective on the market performance.
➡ Customized regional/country reports as per request and country level analysis.
➡ Potential & niche segments and regions exhibiting promising growth covered.
People Also Ask:
➠ What are the global sales, production, consumption, imports, and exports in the Xenon market?
➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?
➠ What key opportunities and challenges do vendors face in the Xenon industry?
➠ Which product types, applications, or end-users are driving market growth, and what is their market share?
➠ What are the major growth drivers and restraints of the Xenon market?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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