Market Overview:
The global indium phosphide market is expected to grow at a CAGR of XX% and reach a value of USD XX million by 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into industrial grade and electronic grade. On the basis of application, the market is segmented into wireless communication and optoelectronic devices. The North American region dominates the global indium phosphide market followed by Europe, Asia Pacific, Latin America and Middle East & Africa respectively.
Product Definition:
Indium phosphide (InP) is a semiconductor material with a high electron mobility and optical transparency. It is used to make light-emitting diodes (LEDs), lasers, and photodetectors. LEDs made from InP are often used in displays for smartphones and other portable electronics.
Industrial Grade:
Industrial grade is a high purity form of indium phosphide which has been processed to remove other materials and contaminants. It consists of 99.8% indium and 0.2% phosphorus by weight, with the rest being mostly water, along with some impurities such as calcium, sodium and magnesium which are removed during processing to achieve industrial-grade IPG.
Electronic Grade:
The global indium phosphide (InP) market size was valued at USD 4.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing demand for solar cells. The electronic grade of InP has a composition of 68% purity, which is used as an acceptor material in the production of photovoltaic cells.
Application Insights:
Wireless communication application segment accounted for the largest share of more than 40% in 2017. The demand is expected to be driven by growing demand for smartphones and wireless devices in developing economies including India, China, Thailand and Indonesia. In addition, increasing penetration of 4G technology is anticipated to drive growth over the forecast period.
Indium phosphide finds applications as an insulator in optoelectronic devices such as light-emitting diodes (LEDs), laser diodes and photodetectors owing to its high resistance compared to other materials used in these applications. Moreover, it also has a low work function which makes it suitable for use as an electrical contact material between semiconductors like silicon wafer during the manufacturing process of electronic components at microelectronics scale. This trend is likely to continue over the forecast period thereby driving product demand across various end-use industries globally over the coming years.
Regional Analysis:
Asia Pacific was the largest market in 2016 and accounted for a revenue share of over 50% owing to the presence of key manufacturers such as Infineon Technologies, Samsung, LG Chem, and others. The region is expected to continue its dominance over the forecast period owing to increasing demand from various end-use industries such as medical devices & equipment; consumer electronics; solar energy; automotive etc. In addition, growing adoption of Indium Phosphide based batteries in smartphones and laptops is anticipated to drive industry growth across this region.
Europe was estimated at USD X million in 2016 and is projected to grow at a CAGR of XX% from 2017 till 2030 due high consumption in military applications along with optoelectronic devices manufacturing sector growth across this region which resulted into high product demand during the forecast period.
Growth Factors:
- Increasing demand for optoelectronics and photonics devices
- Rising demand from the telecommunications sector
- Growing use of indium phosphide in LED lighting applications
- Proliferation of solar energy installations
- Increasing number of data centers
Scope Of The Report
Report Attributes
Report Details
Report Title
Indium Phosphide Market Research Report
By Type
Industrial Grade, Electronic Grade
By Application
Wireless Communication, Optoelectronic Devices
By Companies
Sumitomo Electric Industries, AXT, TianDing Sike, JM Gallium, Showa Denko
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Indium Phosphide Market Report Segments:
The global Indium Phosphide market is segmented on the basis of:
Types
Industrial Grade, Electronic Grade
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
Wireless Communication, Optoelectronic Devices
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:
- Sumitomo Electric Industries
- AXT
- TianDing Sike
- JM Gallium
- Showa Denko
Highlights of The Indium Phosphide 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:
- Industrial Grade
- Electronic Grade
- By Application:
- Wireless Communication
- Optoelectronic Devices
- 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 Phosphide 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 phosphide is a white, crystalline material that is used in electronic and optical devices. It has a low melting point and can be easily formed into thin films.
Some of the key players operating in the indium phosphide market are Sumitomo Electric Industries, AXT, TianDing Sike, JM Gallium, Showa Denko.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Indium Phosphide Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Indium Phosphide Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Indium Phosphide Market - Supply Chain
4.5. Global Indium Phosphide Market Forecast
4.5.1. Indium Phosphide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Indium Phosphide Market Size (000 Units) and Y-o-Y Growth
4.5.3. Indium Phosphide Market Absolute $ Opportunity
5. Global Indium Phosphide Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Indium Phosphide Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Electronic Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Indium Phosphide Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Indium Phosphide Market Size and Volume Forecast by Application
6.3.1. Wireless Communication
6.3.2. Optoelectronic Devices
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Indium Phosphide Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Indium Phosphide Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Indium Phosphide Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Indium Phosphide Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Indium Phosphide Demand Share Forecast, 2019-2026
9. North America Indium Phosphide Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Indium Phosphide Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Indium Phosphide Market Size and Volume Forecast by Application
9.4.1. Wireless Communication
9.4.2. Optoelectronic Devices
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Indium Phosphide Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Electronic Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Indium Phosphide Demand Share Forecast, 2019-2026
10. Latin America Indium Phosphide Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Indium Phosphide Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Indium Phosphide Market Size and Volume Forecast by Application
10.4.1. Wireless Communication
10.4.2. Optoelectronic Devices
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Indium Phosphide Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Electronic Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Indium Phosphide Demand Share Forecast, 2019-2026
11. Europe Indium Phosphide Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Indium Phosphide Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Indium Phosphide Market Size and Volume Forecast by Application
11.4.1. Wireless Communication
11.4.2. Optoelectronic Devices
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Indium Phosphide Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Electronic Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growt Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Indium Phosphide Demand Share, 2019-2026
12. Asia Pacific Indium Phosphide Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Indium Phosphide Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Indium Phosphide Market Size and Volume Forecast by Application
12.4.1. Wireless Communication
12.4.2. Optoelectronic Devices
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Indium Phosphide Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Electronic Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Indium Phosphide Demand Share, 2019-2026
13. Middle East & Africa Indium Phosphide Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Indium Phosphide Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Indium Phosphide Market Size and Volume Forecast by Application
13.4.1. Wireless Communication
13.4.2. Optoelectronic Devices
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Indium Phosphide Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Electronic Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Indium Phosphide Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Indium Phosphide Market: Market Share Analysis
14.2. Indium Phosphide Distributors and Customers
14.3. Indium Phosphide Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sumitomo Electric Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AXT
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TianDing Sike
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. JM Gallium
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Showa Denko
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
