Indium Target Market Report: Trends, Forecast and Competitive Analysis to 2030

Indium Target Trends and Forecast

The future of the global indium target market looks promising with opportunities in the microelectronics, monitor, and storage applications. The global indium target market is expected to grow with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are increasing use of indium in thin-film solar cells and continuous growth of semiconductor and electronics sector.

A more than 150-page report is developed to help in your business decisions.

Indium Target by Segment

The study includes a forecast for the global indium target by type, application, and region.

Indium Target Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Plane Target
• Rotating Target

Indium Target Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Microelectronics
• Monitor
• Storage
• Others

Indium Target Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Indium Target Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies indium target companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the indium target companies profiled in this report include-

• Lesker
• SAM
• Nexteck
• ZNXC
• Beijing Guanli
• Lida Optical and Electronic
• TYR

Indium Target Market Insights

Lucintel forecasts that rotating is expected to witness highest growth over the forecast period.

Within this market, microelectronics is expected to witness highest growth over the forecast period.

North America is expected to witness highest growth over the forecast period due to the tremendous demand for advanced electronic gadgets among population of the region.

Features of the Global Indium Target Market

Market Size Estimates: Indium target market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Indium target market size by type, application, and region in terms of value ($B).

Regional Analysis: Indium target market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the indium target market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the indium target market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for indium target market?

Answer: The global indium target market is expected to grow with a CAGR of 6.7% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the indium target market?

Answer: The major drivers for this market are increasing use of indium in thin-film solar cells and continuous growth of semiconductor and electronics sector.

Q3. What are the major segments for indium target market?

Answer: The future of the indium target market looks promising with opportunities in the microelectronics, monitor, and storage applications.

Q4. Who are the key indium target market companies?

Answer: Some of the key indium target companies are as follows:

• Lesker
• SAM
• Nexteck
• ZNXC
• Beijing Guanli
• Lida Optical and Electronic
• TYR

Q5. Which indium target market segment will be the largest in future?

Answer: Lucintel forecasts that rotating is expected to witness highest growth over the forecast period.

Q6. In indium target market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to the tremendous demand for advanced electronic gadgets among population of the region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the indium target market by type (plane target and rotating target), application (microelectronics, monitor, storage, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?