Si prevede che la dimensione del mercato globale dello xeno raggiungerà i 228,96 milioni di dollari entro il 2028, esibendo un CAGR dell’1,8% durante il periodo di previsione. Fortune Business Insights™ condivide queste informazioni nel suo rapporto, intitolato ” Mercato Xenon, 2021-2028 “. Secondo il rapporto, il valore del mercato si è attestato a 200,94 milioni di dollari nel 2020. Il gas nobile ha guadagnato una solida reputazione nel campo della fisica, poiché sta aiutando a svelare i segreti dell’universo. Evidentemente, lo xeno è ampiamente utilizzato nell’esperimento Large Underground Xenon (LUX), progettato per rilevare la materia oscura.

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Segmentazione del mercato

Il mercato è classificato in base al tipo, all’applicazione e all’area geografica. In termini di tipo, è suddiviso in N3, N4.5 e N5. In base all’applicazione, è frammentato in imaging e illuminazione, satellite, elettronica e semiconduttori, medicina e altri. In base alla regione, è segmentato in Nord America, Europa, Sud America, Asia Pacifico e Medio Oriente e Africa.

Cosa offre il rapporto?

Questo rapporto incorpora un’analisi approfondita delle prospettive di crescita complessive del mercato. Inoltre, fornisce approfondimenti sul panorama competitivo globale del mercato globale. Viene presentata una panoramica dettagliata delle aziende leader, comprese le loro strategie di marketing, il contributo al mercato e gli sviluppi recenti, sia nel contesto storico che in quello attuale.

Fattore trainante

Aumentare l’utilizzo dei satelliti per guidare la crescita

Xenon is extensively used for propulsion in satellites due to its light weight compared to other alternatives. The high demand for satellites backed by an increasing number of space programs is anticipated to drive the xenon market growth. For instance, SpaceX has planned to initiate its SpaceX Axiom Space-1 under which the company will carry a private crew to the International Space Station (ISS). Such programs are predicted to strengthen the demand for the gas. In addition, the increasing application in manufacturing semiconductors is estimated to further enhance the market growth. However, xenon is labeled as an asphyxiant, which means it can be injurious to health if inhaled excessively. This may hinder growth during the forecast period.

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Regional Insights

Flourishing Consumer Electronics Industry to Help Asia Pacific Gain Prominence

Asia Pacific is estimated to dominate the market backed by the flourishing consumer electronics industry in the region. The high volume production of semiconductors in China and India is predicted to expand the xenon market share in the region. In addition, various upcoming satellite programs by space agencies from China, Japan, India, and other nations are estimated to further strengthen regional growth. For instance, the Indian Space Research Organization (ISRO) launched its GSAT 20 communication satellite in 2020. The region earned revenue of USD 73.38 Million in 2020.

The market in Europe is projected to exhibit considerable growth during the forthcoming years. One of the leading factors driving the market growth in the region is the ongoing research study on dark matter, which is being conducted in Italy. The gas is utilized in catching the passing weakly interacting massive particles (WIMPs) during the experiment. Hence the market will witness significant demand in the region.

Competitive Landscape

Finding New Applications to Help Key Players Expand their Businesses

The market is primarily driven by high applications of this gas in two main industries: space and electronics. Industry leaders in these fields are supporting the market growth by coming up with new opportunities. For instance, in October 2018, Samsung Electronics Co., Ltd. launched 7LPP, a 7-nanometer node that is integrated with EUV lithography technology. The company has leveraged the properties of xenon for the production of the new chip.

Industry Developments:

July 2018: Air Liquide, an industrial gas supplier based in France, announced to sign multiple agreements worth USD 59 million with various satellite and semiconductor manufacturers from the U.S., Europe, and Asia.

List of Key Companies Covered in this Market Report:

  • Air Liquide (France)
  • Linde PLC (Ireland)
  • Air Products & Chemicals, Inc. (USA)
  • Messer Group GmbH (Germany)
  • Proton Gases (India) Pvt. Ltd. (India)
  • Matheson Tri-Gas, Inc. (USA)
  • American Gas Products (AGP LLC) (USA)
  • Coregas Pty Ltd. (USA)
  • Akela-p Medical Gases P. Ltd. (Russia)
  • Electronic Fluorocarbons, LLC (USA)
  • Iceblick Ltd. (Ukraine)

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