Gallium Market Size, Share, Trends, Industry Analysis Report By Product Type (Transistors, Diodes, Rectifiers, Power ICs, and Others), By End-user Industry, and By Region

Description

List of Tables

The gallium market size is expected to reach USD 56.13 Billion by 2034, according to a new study by Polaris Market Research. The report "Gallium Market Size, Share, Trends, Industry Analysis Report By Product Type (Transistors, Diodes, Rectifiers, Power ICs, and Others), By End-user Industry, and By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Gallium is a crucial material used across electronics, semiconductors, optoelectronics, and photovoltaic applications, enabling high-performance devices with superior electrical and thermal properties.

The market growth is primarily driven by the increasing demand for advanced electronic components, expanding applications in renewable energy and LED technologies, and continuous innovations in gallium-based materials that improve efficiency, reliability, and device performance.

Gallium Market Report Highlights

Based on product type, the diodes segment dominated the market in 2024, driven by widespread deployment in high-frequency, high-efficiency circuits across telecommunications, LED lighting, and consumer electronics.

In terms of end-user industry, the consumer electronics segment held the largest share in 2024, fueled by increasing demand for smartphones, high-performance computing devices, and advanced LED displays that rely on gallium-based semiconductors.

Asia Pacific is accounted for largest market share in 2024, driven by rising demand for solar energy solutions utilizing gallium arsenide (GaAs) solar cells and the growing adoption of electric vehicles requiring gallium-based power electronics.

North America is expected to grow at the fastest CAGR, supported by aerospace and defense applications utilizing gallium-based materials.

Key players in the global market include American Elements, China JinMuan Nonferrous Metal Group Co., Ltd., Dowa Electronics Materials Co., Ltd., Neo Performance Materials Inc., NICHIA Corporation, Noah Chemicals Corporation, Reade Advanced Materials, Inc., Recylex S.A., Showa Denko K.K., Teck Resources Limited, Umicore N.V., Vital Materials Co., Ltd., Zhuzhou Smelter Group Co., Ltd. (ZSG), Zhuzhou Keneng New Material Co., Ltd., and Zhuzhou Tongda Nonferrous Metals Co., Ltd.

Polaris Market Research has segmented the market report based on product type, end-user industry, and region:

By Product Type Outlook (Revenue, USD Billion, 2020-2034)

Transistors

Diodes

Rectifiers

Power ICs

Others

By End-User Industry Outlook (Revenue, USD Billion, 2020-2034)

Automotive

Consumer Electronics

Defense and Aerospace

Industrial and Power

Others

By Regional Outlook (Revenue, USD Billion, 2020-2034)

North America

Canada

Europe

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Product Code: PM6288

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Gallium Market Insights

4.1. Gallium Market - Market Snapshot
4.2. Gallium Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising Demand for Semiconductors and LED End-User Industrys Driving Gallium Consumption
  - 4.2.1.2. Expansion of Electric Vehicle Production Boosting Gallium Adoption
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Production Costs and Limited Availability
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Gallium Market Trends
4.6. Value Chain Analysis

5. Global Gallium Market, by Product Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Gallium Market, by Product Type, 2020-2034 (USD Billion)
5.3. Transistors
- 5.3.1. Global Gallium Market, by Transistors, by Region, 2020-2034 (USD Billion)
5.4. Diodes
- 5.4.1. Global Gallium Market, by Diodes, by Region, 2020-2034 (USD Billion)
5.5. Rectifiers
- 5.5.1. Global Gallium Market, by Rectifiers, by Region, 2020-2034 (USD Billion)
5.6. Power ICs
- 5.6.1. Global Gallium Market, by Power ICs, by Region, 2020-2034 (USD Billion)
5.7. Others
- 5.7.1. Global Gallium Market, by Others, by Region, 2020-2034 (USD Billion)

6. Global Gallium Market, by End-User Industry

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
6.3. Automotive
- 6.3.1. Global Gallium Market, by Automotive, by Region, 2020-2034 (USD Billion)
6.4. Consumer Electronics
- 6.4.1. Global Gallium Market, by Consumer Electronics, by Region, 2020-2034 (USD Billion)
6.5. Defense and Aerospace
- 6.5.1. Global Gallium Market, by Defense and Aerospace, by Region, 2020-2034 (USD Billion)
6.6. Industrial and Power
- 6.6.1. Global Gallium Market, by Industrial and Power, by Region, 2020-2034 (USD Billion)
6.7. Others
- 6.7.1. Global Gallium Market, by Others, by Region, 2020-2034 (USD Billion)

7. Global Gallium Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Gallium Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Gallium Market - North America
- 7.3.1. North America: Gallium Market, by Product Type, 2020-2034 (USD Billion)
- 7.3.2. North America: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.3.3. Gallium Market - U.S.
  - 7.3.3.1. U.S.: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.3.3.2. U.S.: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.3.4. Gallium Market - Canada
  - 7.3.4.1. Canada: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
7.4. Gallium Market - Europe
- 7.4.1. Europe: Gallium Market, by Product Type, 2020-2034 (USD Billion)
- 7.4.2. Europe: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.4.3. Gallium Market - UK
  - 7.4.3.1. UK: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.4.4. Gallium Market - France
  - 7.4.4.1. France: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.4.5. Gallium Market - Germany
  - 7.4.5.1. Germany: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.4.6. Gallium Market - Italy
  - 7.4.6.1. Italy: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.4.7. Gallium Market - Spain
  - 7.4.7.1. Spain: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.4.8. Gallium Market - Netherlands
  - 7.4.8.1. Netherlands: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.4.9. Gallium Market - Russia
  - 7.4.9.1. Russia: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.4.10. Gallium Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
7.5. Gallium Market - Asia Pacific
- 7.5.1. Asia Pacific: Gallium Market, by Product Type, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.5.3. Gallium Market - China
  - 7.5.3.1. China: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.5.4. Gallium Market - India
  - 7.5.4.1. India: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.5.5. Gallium Market - Malaysia
  - 7.5.5.1. Malaysia: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.5.6. Gallium Market - Japan
  - 7.5.6.1. Japan: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.5.7. Gallium Market - Indonesia
  - 7.5.7.1. Indonesia: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.5.8. Gallium Market - South Korea
  - 7.5.8.1. South Korea: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.5.9. Gallium Market - Australia
  - 7.5.9.1. Australia: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.5.10. Gallium Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
7.6. Gallium Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Gallium Market, by Product Type, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.6.3. Gallium Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.6.4. Gallium Market - UAE
  - 7.6.4.1. UAE: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.6.5. Gallium Market - Israel
  - 7.6.5.1. Israel: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.6.6. Gallium Market - South Africa
  - 7.6.6.1. South Africa: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.6.7. Gallium Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
7.7. Gallium Market - Latin America
- 7.7.1. Latin America: Gallium Market, by Product Type, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.7.3. Gallium Market - Mexico
  - 7.7.3.1. Mexico: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.7.4. Gallium Market - Brazil
  - 7.7.4.1. Brazil: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.7.5. Gallium Market - Argentina
  - 7.7.5.1. Argentina: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)
- 7.7.6. Gallium Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Gallium Market, by Product Type, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Gallium Market, by End-User Industry, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. American Elements
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. China JinMuan Nonferrous Metal Group Co., Ltd.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. Dowa Electronics Materials Co., Ltd.
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Neo Performance Materials Inc.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. NICHIA Corporation
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Noah Chemicals Corporation
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Reade Advanced Materials, Inc.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Recylex S.A.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. Showa Denko K.K.
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Teck Resources Limited
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. Umicore N.V.
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
9.12. Vital Materials Co., Ltd.
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development