Market Overview:
The global indium target market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for indium targets from the microelectronics industry and other applications. In terms of type, the global indium target market is segmented into plane targets and rotating targets. The plane target segment is expected to hold a larger share of the global market in 2018 owing to its low cost and easy availability as compared to rotating targets.
Product Definition:
An indium target is a material that is used in the manufacture of semiconductor devices. The importance of an indium target lies in its ability to act as a substrate for the deposition of thin films of semiconducting materials.
Plane Target:
Plane target is a term used in the field of nuclear medicine for imaging purposes. It is also known as planar imaging or flat-panel detector (FPD) and it works on the principle of X-ray absorption. The most important factor that differentiates it from other diagnostic techniques is its ability to provide 3D images, which are crucial for identifying disease progression at early stages and thus, plane targets are used extensively in medical diagnosis especially in cancer diagnosis.
Rotating Target:
Rotating target is a method of in-situ diagnosis (ISD) used to detect the level of Inh in urine. It is an easy and noninvasive technique that helps in detecting the level of Inh present in human body. The test works by measuring the amount of light absorbed by Indium tin oxide film present on a rotating wheel, which reflects back only those particles that have entered into it.
Application Insights:
The microelectronics segment dominated the global indium target market in terms of revenue in 2017. The growth can be attributed to increasing demand for integrated circuits and other electronic devices from various end-use industries such as telecommunication, computing, automotive and healthcare. Furthermore, technological advancements coupled with increased production of integrated circuits are expected to drive the demand further over the forecast period.
The monitor application is projected to witness significant growth during the forecast period owing to rising demand for large screen LED/LCD monitors across multiple end-use industries including computer gaming and entertainment which has been further driven by innovations such as ultra-high resolution (UHD) technology. In addition, emerging economies such as India have a high potential for monitor manufacturing which will positively impact industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global indium target market in 2016, accounting for a share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand from China and Japan on account of their extensive usage in electronics manufacturing. Moreover, rising awareness regarding nuclear power generation is anticipated to augment industry growth in Asia Pacific.
Europe accounted for a significant share of the global market owing to high demand from microelectronics and monitor application sectors in Germany, U.K., France, Italy and Russia among other Eastern European countries.
Growth Factors:
- Increasing demand for indium from the semiconductor and electronics industry due to its high conductivity and low melting point.
- Growing demand for indium from the medical industry due to its biocompatibility and non-toxicity.
- Increasing demand for indium from the solar energy industry due to its high reflectivity and light absorption properties.
- Growing use of indium in LED lighting applications as a substitute for mercury lamps because of its long life, low power consumption, and environmental benefits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Indium Target Market Research Report
By Type
Plane Target, Rotating Target
By Application
Microelectronics, Monitor, Storage, Other
By Companies
Lesker, SAM, Nexteck, ZNXC, Beijing Guanli, Lida Optical and Electronic, TYR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Indium Target Market Report Segments:
The global Indium Target market is segmented on the basis of:
Types
Plane Target, Rotating Target
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Microelectronics, Monitor, Storage, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lesker
- SAM
- Nexteck
- ZNXC
- Beijing Guanli
- Lida Optical and Electronic
- TYR
Highlights of The Indium Target Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plane Target
- Rotating Target
- By Application:
- Microelectronics
- Monitor
- Storage
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Indium Target Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Indium is a rare earth metal that has potential for use in electronic and magnetic materials.
Some of the key players operating in the indium target market are Lesker, SAM, Nexteck, ZNXC, Beijing Guanli, Lida Optical and Electronic, TYR.
The indium target market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indium Target Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Indium Target Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indium Target Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Indium Target Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Indium Target Market Size & Forecast, 2018-2028
4.5.1 Indium Target Market Size and Y-o-Y Growth
4.5.2 Indium Target Market Absolute $ Opportunity
Chapter 5 Global Indium Target Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Indium Target Market Size Forecast by Type
5.2.1 Plane Target
5.2.2 Rotating Target
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Indium Target Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Indium Target Market Size Forecast by Applications
6.2.1 Microelectronics
6.2.2 Monitor
6.2.3 Storage
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indium Target Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Indium Target Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Indium Target Analysis and Forecast
9.1 Introduction
9.2 North America Indium Target Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Indium Target Market Size Forecast by Type
9.6.1 Plane Target
9.6.2 Rotating Target
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Indium Target Market Size Forecast by Applications
9.10.1 Microelectronics
9.10.2 Monitor
9.10.3 Storage
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Indium Target Analysis and Forecast
10.1 Introduction
10.2 Europe Indium Target Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Indium Target Market Size Forecast by Type
10.6.1 Plane Target
10.6.2 Rotating Target
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Indium Target Market Size Forecast by Applications
10.10.1 Microelectronics
10.10.2 Monitor
10.10.3 Storage
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Indium Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Indium Target Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Indium Target Market Size Forecast by Type
11.6.1 Plane Target
11.6.2 Rotating Target
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Indium Target Market Size Forecast by Applications
11.10.1 Microelectronics
11.10.2 Monitor
11.10.3 Storage
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Indium Target Analysis and Forecast
12.1 Introduction
12.2 Latin America Indium Target Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Indium Target Market Size Forecast by Type
12.6.1 Plane Target
12.6.2 Rotating Target
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Indium Target Market Size Forecast by Applications
12.10.1 Microelectronics
12.10.2 Monitor
12.10.3 Storage
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Indium Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Indium Target Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Indium Target Market Size Forecast by Type
13.6.1 Plane Target
13.6.2 Rotating Target
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Indium Target Market Size Forecast by Applications
13.10.1 Microelectronics
13.10.2 Monitor
13.10.3 Storage
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Indium Target Market: Competitive Dashboard
14.2 Global Indium Target Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lesker
14.3.2 SAM
14.3.3 Nexteck
14.3.4 ZNXC
14.3.5 Beijing Guanli
14.3.6 Lida Optical and Electronic
14.3.7 TYR
