According to a market report by Lucintel, the future of the global germanium market looks promising with opportunities in the solar industry. The global germanium market is expected to reach an estimated $208 million by 2030 from $149 million in 2023 at a CAGR of 5% from 2023 to 2030. The major drivers for this market are the growing demand of fiber in optics communication networks and the miniaturization of electronic components.
A more than 150–page report is developed to
understand Trends, opportunity and forecast in germanium
market to 2030 by application (catalyst, solar panels, consumer electronics,
others), end use industry (electronics, aerospace, renewable energy, chemical,
others), and region (North America, Europe, Asia Pacific (APAC), and Rest of
the World (ROW)
Lucintel forecasts that optical fibers will remain the largest segment
over the forecast period.
Within this market, consumer electronics and solar PV are the largest end
use industries.
Download sample by clicking on germanium
market.
Asia-Pacific will remain the largest region and it is also expected to
witness the highest growth over the forecast period due to growth of solar PV
and consumer electronics industries.
Yunnan Chihong Zinc & Germanium Co., Ltd., Shaoguan Smelting Plant,
and China Germanium Co., Ltd. are the major suppliers in the germanium market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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