Gallium Oxide in Semiconductors Market (2021-2030)

Gallium Oxide in Semiconductor Market size is estimated to be $8.7M in 2020, growing at a CAGR of 66.9% during the forecast period 2021-2030. Gallium Oxide, also known as gallium sesquioxide has the molecular formula Ga2O3 and is slightly soluble in alkalies. This chemical compound, on the other hand, is thermally stable and insoluble in water. In addition, it has a massive band gap of nearly 4.8 eV, allowing manufacturers to use a thinner system for a given voltage. In the electronics industry, thinner devices are more effective owing to its less resistance feature. The chemical's high efficiency is expected to help the global gallium oxide in semiconductor market expansion. Moreover, the significant growth in the semiconductor industry is analyzed to be major driving factor for the Gallium Oxide market owing to the unique properties such as high critical electric-field strength, band gap and so on. The research stage of Ga2O3-device technology is just beginning to reach critical mass, and researchers are now mapping out the application space for fast switches, multi kilo volt-class power transistors, and RF devices.



This product will be delivered within 2 business days.