Gallium Oxide in Semiconductor Market - Industry Analysis, Market Size, Share, Trends, Growth and Forecast 2025 - 2030

Gallium Oxide in Semiconductors Market Overview

The gallium oxide in semiconductors market size is forecast to reach USD 1,012.40 million by 2030, after growing at a CAGR of 65.64% during 2025-2030. The Gallium Oxide (Ga2O3) semiconductor market is growing rapidly due to its unique ultra-wide bandgap properties, which enable superior performance in high-voltage, high-temperature, and energy-efficient applications. This makes it highly attractive for next-generation power electronics in electric vehicles (EVs), renewable energy systems, and smart grids.

Report Coverage

The report “Gallium Oxide in Semiconductors Market– Forecast (2025-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Gallium Oxide in Semiconductors market.

By Product: (3N) 99.9% Gallium Oxide, (4N) 99.99% Gallium Oxide, (5N) 99.999% Gallium Oxide, (6N) 99.9999% Gallium Oxide.

By Components: MOSFETs, FETs.

By Type: Substrates, Epitaxial Wafers.

By Wafer Size: 2 Inch, 4 Inch.

By Application: Power Electronics, Consumer Electronics, Automotive Electronics, Solar Power Devices, Industrial Machinery, Aerospace, Defense, Others.

By Device: Opto-Semiconductor Device, Power Semiconductor Device, RF Semiconductor Device.

By Geography:  North America, South America, Europe, Asia-Pacific, RoW

Key Takeaways

• In February 2024, a research team from the Indian Institute of Technology, Guwahati, led by Dr. Ankush Bag, made a groundbreaking advancement in developing a unique semiconductor material, gallium oxide. This innovative material has the potential to greatly improve the efficiency of high-power electronic devices, particularly in applications like electric vehicles and high-voltage systems.
• In April 2024, the research team at the Korea Institute of Ceramic Engineering and Technology achieved localization of advanced beta gallium oxide epitaxial growth technology using Metal-Organic Chemical Vapor Deposition (MOCVD). This breakthrough, recognized as a promising mass-production technique for large-diameter epitaxial wafers, holds significant potential to drive advancements in the gallium oxide in semiconductors market globally.
• In May 2023, The Electronics and Telecommunications Research Institute (ETRI) in Korea is pioneering the world's first development and commercialization of a 4-inch gallium oxide power semiconductor MOSFET device process, utilizing a plating method to achieve a thickness of 4 µm. This advancement is expected to facilitate the mass production of gallium oxide power semiconductors by leveraging domestically developed 4-inch large-area epitaxial materials and device process technologies. These developments are poised to significantly influence the Gallium Oxide in the Semiconductors Market, driving innovation and scalability in the industry.

By Product-

Segment Analysis (3N) 99.9% Gallium Oxide dominated the gallium oxide in semiconductors market in 2024. (3N) 99.9% Gallium Oxide is a chemical compound used in vacuum deposition and acts as a part of the manufacturing of semiconductor devices. The growing automotive industry and the wide usage of 99.9% gallium oxide as a raw material in the manufacture of lightweight vehicles, trains, aircraft, ships, and other high-power systems are set to fuel its market growth. 
According to Nanorh Research Elements, (3N) 99.9% Gallium Oxide particles have been shown to be a promising candidate in the field of biomedicine. For example, they can be used as multifunctional drug carriers because they can carry drugs and penetrate cell membranes, and the distribution of drugs inside cells can be observed due to their excellent luminescence. The demand for this segment is expected to grow in both clinical and research settings.

By Components- Segment Analysis

MOSFETs dominated the gallium oxide in semiconductors market in 2024. The MOSFET (Metal Oxide Semiconductor Field Effect Transistor) is a semiconductor device commonly used for switching and amplifying electronic signals in various electronic devices. As semiconductor technology continues to advance, MOSFETs remain a fundamental component, evolving to meet the demands of nanoelectronics and driving the future of electronic devices. Recently, the Single-crystal gallium oxide (Ga2O3) MOSFET has gained significant attention as a promising material for power device applications due to its high critical strength and superior Baliga's figure of merit (BFoM).

By Type- Segment Analysis

Substrates dominated the gallium oxide in semiconductors market in 2024. Due to the material’s exceptional properties. Gallium oxide has an ultra-wide bandgap (~4.8 eV), enabling devices to operate at higher voltages and temperatures than silicon or silicon carbide. Its high breakdown voltage and excellent thermal stability make it ideal for power electronics and high-performance applications like electric vehicles and renewable energy systems.

The increasing number of key players offering gallium oxide substrates for various applications, along with the rise in product launches, is expected to drive significant market growth. For example, Tamura Corporation provides a diverse range of gallium oxide substrates, including those for ultraviolet light, power semiconductors, and ultraviolet detectors.

By Wafer Size - Segment Analysis

2 Inch dominated the gallium oxide in semiconductors market in 2024. The growth of the 2-inch wafer-sized segment in the Gallium Oxide (Ga₂O₃) semiconductor market is largely driven by its suitability for research, development, and early-stage commercialization of advanced semiconductor devices. As gallium oxide technology is still in its nascent stages, smaller wafer sizes like 2 inches are more practical and cost-effective for prototyping and small-scale production. These wafers provide a manageable platform for exploring the material’s unique properties and optimizing device designs.
In April 2021, China’s leading manufacturer of ultra-wide bandgap semiconductor gallium oxide materials and equipment, “BJMJ Semiconductor Material Technology Co Ltd”, announced that the 2-inch gallium oxide monocrystalline and epitaxial substrates developed by the company have successfully achieved commercial production.

By Application - Segment Analysis

Power Electronics dominated the gallium oxide in semiconductors market in 2024. The excellent thermal stability of gallium oxide makes it well-suited for power electronics operating in harsh environments or under high thermal loads. Devices made with Ga₂O₃ can maintain performance without extensive cooling systems, which is advantageous for applications in aerospace, defense, and high-temperature industrial settings.
For instance, in February 2024, a research team from the Indian Institute of Technology, Guwahati, led by Dr. Ankush Bag, made a groundbreaking advancement in developing a unique semiconductor material, gallium oxide. This innovative material has the potential to greatly improve the efficiency of high-power electronic devices, particularly in applications like electric vehicles and high-voltage systems.

By Device- Segment Analysis

Power Semiconductor Device dominated the gallium oxide in semiconductors market in 2024. Opto-semiconductors are semiconductor devices that operate through the absorption and emission of light. The p-n junctions play a crucial role in the functionality of these devices. Opto-electronic devices encompass a range of technologies such as photodiodes, LEDs, solar cells, and semiconductor lasers. In opto-semiconductor devices, light interacts with the semiconductor material, complementing the electron-hole interactions to enable their operation.

An optoelectronics device is essentially a light-based electronic device. Many optoelectronics applications, such as military services, telecommunications, automatic access control systems, and medical equipment, use this technology. Optoelectronics is a rapidly developing technology discipline that involves using electrical devices to source, detect, and regulate light. Telecommunications, monitoring and sensing, long wavelength Li DAR, microwave photonic linkages, medical equipment, and general science are just some of the applications.

By Geography - Segment Analysis

APAC dominated the gallium oxide in semiconductors market in 2024. In the Asia-Pacific (APAC) region, the Gallium Oxide (Ga2O3) semiconductor market is experiencing significant growth, driven by the region's strong manufacturing ecosystem, rapid industrialization, and increasing demand for advanced electronics. APAC is home to major semiconductor manufacturers and key players investing in cutting-edge technologies for power electronics and optoelectronics. The region’s growing electric vehicle (EV) market, renewable energy projects, and robust consumer electronics industry further amplify the demand for energy-efficient Ga2O3-based devices.

For instance, in February 2024, a research team from the Indian Institute of Technology, Guwahati, led by Dr. Ankush Bag, made a groundbreaking advancement in developing a unique semiconductor material, gallium oxide. This innovative material has the potential to greatly improve the efficiency of high-power electronic devices, particularly in applications like electric vehicles and high-voltage systems.

Drivers – Gallium Oxide in Semiconductors Market

• Growing Semiconductor Industry

The growing semiconductor industry along with increasing demand of consumer electronics products such as smartphones, led lamps and computer coupled with the wide usage of gallium oxide is fueling its market growth. 

The "Semiconductor and Digital Industry Strategy," which was developed in 2021 and reinforced in June 2023, outlines the government's objective of getting the combined sales of Japanese enterprises that manufacture semiconductors to reach 15 trillion yen ($102 billion) by 2030. The FY2022 supplemental budget included around 1.3 trillion yen ($8.9 billion) for semiconductor-related spending. 
In January 2024, South Korea introduced a $473 billion plan to establish the world's largest semiconductor hub by 2047, with Samsung and SK Hynix leading the initiative. The plan aims to achieve global chip dominance and create 3 million jobs. By 2030, the country expects to reach a monthly production capacity of 7.7 million wafers. Various end-use industries, including mobile devices, telecommunications, IT equipment, office automation, industrial machinery, and automobiles, all rely on semiconductors for their operations, driving a growing demand. As a result, the expanding semiconductor industry in the APAC region is poised to fuel market growth in the future.

Increasing Demand for Gallium Oxide Transistor

The growing adoption of gallium oxide transistors in high-voltage rectifiers for distribution systems and power conditioning units, including photovoltaic solar systems and electric vehicles like automobiles, trains, and aircraft, is driving the development of the gallium oxide transistor market. Ga2O3 transistors are increasingly used in power distribution systems that charge electric vehicles or convert renewable energy into the power grid from sources such as solar panels or wind turbines, owing to the advantages of gallium oxide in these transistors. In electric vehicle charging stations, high-power transistors are employed to manage and operate at higher power levels compared to traditional silicon-based systems.

In April 2024, Electronics and Telecommunications Research Institute (ETRI) , in collaboration with the Korea Institute of Ceramic Engineering and Technology (KICET), announced the successful development of 3kV-class gallium oxide power semiconductor Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) device technology for the first time in Korea. Notably, this achievement represents a successful case of R&D where commercialization technology has been systematically linked and developed within a singularly attempted platform-type research group project, a first of its kind globally.

Challenges – Gallium Oxide in Semiconductors Market

• Limited Production of Gallium 

The limited production of gallium is expected to constrain its market growth in the coming years. Gallium is found in very small quantities in ores of other metals, with most of it being produced as a byproduct of bauxite processing, and the rest extracted from zinc-processing residues. Additionally, primary low-purity (99.99%-pure) gallium prices in China averaged $240 per kilogram in June 2023, a 23% decline from $310 per kilogram in January 2023 and a 53% drop from $510 per kilogram in June 2022. This decrease in prices during the first half of 2023 was driven by a reduction in gallium demand from the LED and neodymium (NdFeB) magnet markets, coupled with an increase in China’s primary low-purity gallium production capacity.

Market Landscape

Technology launches and R&D activities are key strategies adopted by players in the gallium oxide in semiconductors market. In 2024, Major players in gallium oxide in semiconductors are Novel Crystal Technology, Kyma Technologies, FLOSFIA, Taiyo Nippon Sanso, Stanford Advanced Materials, Semicorex Advanced Material Technology, SensLite Corporation, among others.

Developments:

• In April 2024, the Electronics and Telecommunications Research Institute (ETRI), in collaboration with the Korea Institute of Ceramic Engineering and Technology (KICET), announced the successful development of the 3kV-class gallium oxide power semiconductor Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) technology, marking the first achievement of its kind in Korea. This accomplishment stands out as a groundbreaking example of research and development, where commercialization technology has been systematically integrated and advanced within a unified platform-type research group project, making it a global first.
• For instance, in February 2024, a research team from the Indian Institute of Technology, Guwahati, led by Dr. Ankush Bag, made a groundbreaking advancement in developing a unique semiconductor material, gallium oxide. This innovative material has the potential to greatly improve the efficiency of high-power electronic devices, particularly in applications like electric vehicles and high-voltage systems.

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