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Global High Purity Beta Gallium Oxide (β-Ga2O3) Power Market Report 2023-2029 (published in 2023). | |
Gallium Oxide is odorless fine white powder and is an inorganic compound with the formula Ga2O3. It is insoluble in water and its most stable structure is β-type crystal. Gallium Oxide is a promising ultra-wide-bandgap semiconductor for power electronics applications because of its outstanding breakdown field strength. Gallium Oxide is mainly used in fluorescent powder, semiconductor Material for the electronic industry. According to the new market research report “Global High Purity Beta Gallium Oxide (β-Ga2O3) Power Market Report 2023-2029”, published by QYResearch, the global High Purity Beta Gallium Oxide (β-Ga2O3) Power market size is projected to reach USD 446 million by 2029, at a CAGR of 50.0% during the forecast period. The global key manufacturers of High Purity Beta Gallium Oxide (β-Ga2O3) Power include 5N Plus, Indium Corporation, Vital Materials, Kisan Kinzoku Chemicals, Materion, Kojundo Chemical Laboratory, Nippon Rare Metal, Stanford Advanced Materials (SAM), Yamanaka Hutech, Zhuzhou Keneng New Material, etc. In 2022, the global top five players had a share approximately 53.0% in terms of revenue. Market Drivers: Ga2O3 has good chemical and thermal stability, low cost, simple preparation method, convenient mass production, and obvious advantages in industrialization. Downstream production capacity and a continuous rise in demand Restraint: There are many barriers for entering into this industry, like capital, equipment, R&D and manufacturing technology, etc. Substitute innovation of new technologies, new materials and new products With more emerging manufacturers joining in, vicious market competition cannot be avoided and market order cannot be guaranteed Opportunity: Policy support, the policy inclination towards the semiconductor industry in various regions and countries around the world is bound to promote the development of the gallium oxide powder industry For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
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2024-04-19 (0.333 sec)