About Indium
Indium is a silvery-white metal. It is the softest metal. It has a high rate of thermal transfer & softness. Major driver driving the demand for indium is increasing use in photovoltaics. Additionally, increasing usage in LCDs, tablet PC, aircraft engines, and others propelling market growth. Moreover, increasing demand for the Indium Tin Oxide (ITO) expected to fuel the product demand during the forecasted period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Indium market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Indium Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Indium market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M Company (United States), Avalon Advanced Materials Inc., Indium Corporation (United States), Korea Zinc (South Korea), Nitto Denko Corporation (Japan), Nystar N.V (Belgium), PPM Pure Metals GmbH (Germany), ProTech Materials, Inc. (United States) and Touch International, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Umicore Thin Film Products (Belgium) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Indium market by Type (Primary, Secondary and Type III), Application (Indium Tin Oxide (ITO), Semiconductors and Solders & Alloys) and Region.
On the basis of geography, the market of Indium has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increasing Applications of Indium in Electroluminescent Lamps and Growing Usage in Manufacturing of Transistors
Market Growth Drivers:
Rising Demand for LCDs and Growth of Tablet PC Market
Challenges:
Shortage in Production of Indium
Restraints:
Stringent Government Regulations Metals
Opportunities:
Rising Applications in Aircraft Engines and Growing Demand for Indium Tin Oxide (ITO)
Market Leaders and their expansionary development strategies
In December 2023, BPEA EQT has agreed to acquire a majority stake in Indium Software (the “Company”) from existing shareholders. The Company’s Co-Founder, Ram Sukumar, continues to lead the Company as CEO.
In November 2022, iXie, the gaming division of Indium Software, launched its new brand identity, including a change in the logo, visual identity and a new website. The new brand marks the launch of iXie’s end-to-end game development studio, offering a wide range of gaming services to top video game companies across the globe.
Key Target Audience
Indium Providers, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.