Growing potential uses of gallium oxide (Ga2O3) in high-frequency and high-power devices are creating lucrative avenues for stakeholders. Unlike other semiconductors, gallium oxide can be produced directly from its molten state which further enables large-scale manufacturing of high-quality crystals. Growing awareness about its considerable potential is expected to fuel growth in the gallium oxide market.
Interest in gallium acid has grown significantly over recent years due to its potential as a key option for high breakdown voltage device applications. Gallium oxide can be used in high power switching, owing to its high critical field strength of approximately 8 MV/cm. Gallium oxide also has higher critical electric field strength as compared to silicon, and its higher electron mobility allows a device to have a small size for a specific on-resistance & breakdown voltage. Increasing demand for physically smaller devices is expected to accelerate the demand for Ga2O3, which will further fuel growth in the gallium oxide market.
A recent technoeconomic research conducted by NREL (National Renewable Energy Laboratory) shed light on the potential use of gallium oxide as power electronic technology of the coming time. As per the NREL analysis, gallium oxide wafers could be significantly cheaper to manufacture over silicon carbide. The potential low cost of Ga2O3 wafers over other existing variants is anticipated to fuel growth in the gallium oxide market in the forthcoming years.
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Gallium Oxide Market: Introduction
Gallium oxide is an inorganic chemical compound in which Gallium and Oxygen are in a stoichiometric ratio of 2:3. The molecular formula of Gallium Oxide is Ga2O3 and its molecular weight is 187.44 g/mol. Gallium oxide, also known as gallium sesquioxide, is insoluble in water but slightly soluble in alkalis and is a thermally stable compound. Gallium oxide has a large band gap of around 4.8 eV. Larger band gap permits producers to use a thinner device for a certain voltage. In the electronics industry, the more thinner a device, the lower will be the resistance offered by it and thus, it will be more efficient.
The electronic components used in inverters, power supplies and electric motors are expected to be economic, efficient and must also be able to handle high voltage from source. Considering such requirements, gallium oxide is anticipated to be the best available alternative in the semiconductors and electronics market. However, gallium oxide, even though efficient, is not as inexpensive as silicon. However, with technological advancements, the cost of gallium oxide is expected to drop down. This will ensure that the gallium oxide market witnesses growth in near future.
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Gallium Oxide Market: Dynamics
For a long time now, silicon has been used in large scale production of semiconductors and microelectronics. However, certain limitations have been found with the use of silicon, such as scalability issue for power electronics. The semiconductor technology demands smaller designs and higher density. For microelectronics, the use of power always acts as an obstacle and the manufacturers are keen on reducing power consumption as well as the heat generated. The technologies used today employ silicon and are close to their operating voltage limits required in many applications. Gallium oxide has been found to function well in such applications. Gallium oxide is also a transparent conductive oxide which offers conductivity and transparency over the visual spectrum. As a result of these factors, the gallium oxide market is anticipated to witness robust growth throughout the forecast period. However, the only hitch in the growth of gallium market will be the cost associated with it.
It has been recently observed in academic studies that field effect transistors (FETs) could potentially benefit from gallium oxide critical electric field strength. The doping limits that might destroy other FET materials do not affect gallium oxide and gallium oxide offers a wide range of conductivity. Gallium oxide is being studied widely for its properties and new scope of applications are being developed.
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Gallium Oxide Market: Segmentation
The gallium oxide market can be segmented on the basis of form, application and end use.
On the basis of form, the gallium oxide market can be segmented into:
Pellets
Powder
Others
On the basis of application, the gallium oxide market can be segmented into:
Computer Processor Chip
LED Chip
Semiconductor
Photo detector
Diode
Transistor
Others
On the basis of end use, the gallium oxide market can be segmented into:
Power Electronics
Consumer Electronics
Defense
Solar Industry
Aerospace
Others
Gallium Oxide Market: Regional Outlook
Regionally, the North America gallium oxide market is anticipated to grow at a significant rate due to the increasing number of smart device owners in the region. The shift from silicon to gallium oxide is expected to be the fastest in countries, such as the United States of America. Following the North America gallium oxide market are the mature markets of countries in Europe. Asia Pacific has been seeing tremendous growth in the number of users and this growth is expected to increase further throughout the forecast period. China and the United States of America have a much bigger and technologically advanced defense sector and will quickly adopt the shifting trend from silicon to gallium oxide.
Some of the market participants identified across the value chain of the global gallium oxide market include TAMURA Corporation, Kyma Technologies, Inc., American Elements, Nanoshel LLC and FLOSFIA Corporation.
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Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
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Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
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