Gallium Market Report 2026

The gallium market size has grown exponentially in recent years. It will grow from $2.87 billion in 2025 to $3.51 billion in 2026 at a compound annual growth rate (CAGR) of 22.2%. The growth in the historic period can be attributed to rising demand in consumer electronics, increasing automotive electrification, growth in defense and aerospace applications, adoption in ic and power electronics, technological advancements in led and laser devices.

The gallium market size is expected to see exponential growth in the next few years. It will grow to $7.97 billion in 2030 at a compound annual growth rate (CAGR) of 22.7%. The growth in the forecast period can be attributed to expansion in 5g and telecommunication infrastructure, increasing adoption in renewable energy and power conversion, growth in electric vehicle applications, rising demand in industrial automation and robotics, innovation in high-efficiency gan semiconductor devices. Major trends in the forecast period include adoption of gallium nitride (gan) devices in electronics, use of opto-semiconductors for led and laser applications, increasing integration of power semiconductors in automotive and industrial systems, expansion of gan-based transistors and integrated circuits, growing demand for high-performance gan modules in communication and power systems.

The growing adoption of 5G infrastructure is expected to drive the expansion of the gallium market. 5G infrastructure includes the hardware and technology needed for the fifth generation of mobile networks, offering faster data speeds, low latency, and the ability to connect many devices at once. The rollout of 5G relies on highly efficient and powerful amplifiers, with gallium-based materials playing a key role in the production of radio frequency (RF) power amplifiers. These amplifiers are essential for boosting signal strength and ensuring transmission over long distances, which is vital for 5G networks. For example, in September 2023, 5G Americas, a US-based industry trade organization, reported that North America's 5G penetration rate had reached an impressive 40%, with a growth rate of 25.5% in the first half of 2023. Furthermore, forecasts suggest that North America's 5G connections will grow to 669 million by 2028. As a result, the increasing adoption of 5G infrastructure is fueling the growth of the gallium market.

Prominent companies operating in the gallium market are prioritizing innovation by introducing advanced product solutions like gallium nitride (GaN) control integrated circuits to enhance their market position. A gallium nitride (GaN) power integrated circuit (IC) consolidates various power electronics functions into a single GaN chip, providing advantages in terms of speed, efficiency, reliability, and cost-effectiveness. For instance, in March 2023, Navitas Semiconductor Corporation, a U.S.-based power-semiconductor company, launched GaNSense Control ICs, a series of gallium nitride (GaN) control integrated circuits designed to enhance performance in rapid chargers, consumer appliances, and server and data center power supplies. These GaN ICs offer significant advantages over conventional high-voltage silicon (Si) processors, delivering up to 20 times the speed and three times the charging capacity in half the size and weight.

In May 2025, Rio Tinto Limited, an Australia-based provider of diversified mining and metals products, entered into a collaboration with Indium Corporation for the extraction and potential commercial production of gallium. Through this partnership, Rio Tinto aims to strengthen the North American supply chain for gallium and scale up production to meet growing industrial demand, particularly amid export restrictions from China. Indium Corporation, based in the US, specializes in providing specialty metals and materials for electronics, semiconductors, and industrial applications.

Major companies operating in the gallium market report are Aluminium Corporation of China Ltd, China Minmetals Corporation, CMOC Group Limited, DOWA Holdings Co. Ltd, Nippon Rare Metal Inc, Nanjing Jinmei Gallium Co. Ltd, Zhuzhou Smelter Group Co. Ltd, Guizhou Kailin Group Co. Ltd, Yunnan Aluminium Co. Ltd, Henan Shenhuo Coal & Power Co. Ltd, Shandong Weiqiao Pioneering Group Co. Ltd, Xinfa Group Co. Ltd, Hunan Zhongke Electric Co. Ltd, Japan Energy Corporation, Mitsui Mining & Smelting Co. Ltd, Korea Zinc Company Ltd, Teck Resources Limited, Boliden AB, Nyrstar NV, Vedanta Limited.

North America was the largest region in the gallium market in 2025. The regions covered in the gallium market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the gallium market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The gallium market consists of sales of gallium in soluble form, alloys, high-purity gallium and gallium compounds. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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