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Global Xenon Market to reach USD 290.84 million by 2027

Global Xenon Market Size study, by Mode of supply (Cylinders, Tonnage and Bulk supply), by Application (Semiconductor, PDP backlighting, Lighting, Medical and Others) and Regional Forecasts 2020-2027

Product Code: CAMCAC_40949850
Publish Date: 30-06-2020
Page: 200

Global Xenon Market is valued approximately USD 193.18 million in 2019 and is anticipated to grow with a growth rate of more than 5.43% over the forecast period 2020-2027. Xenon is a trace gas found in the earth’s atmosphere. It may also be developed commercially in air separation systems as a by-product through the separation of oxygen and nitrogen. Xenon is a colourless, odourless, tasteless, flammable, and non-reactive noble gas. The global market for xenon gas is driven by rise in demand from the lighting solutions and insulation industries. Xenon is heat-resistant which makes it an ideal gas to be used in lighting solutions. The rising demand for separated widows in commercial and industrial spaces is also triggering the market share of xenon gas over the forecast period (2020-2027). Apart from this, application of xenon in satellite industry along with the developments in research areas is expected to create significant growth opportunities in the market over the forecast period. The satellite uses xenon-based electric propulsion system. There are many satellite launches scheduled in various emerging as well as developed economies in the upcoming years which use xenon-based electric propulsion system. Some of the announced satellite and spacecraft to be launch over the forecast period are Hotbird 13F to be launch in 2021, Hotbird 13G to be launch in 2021, GSAT-20 and SEC-17 to be launch in 2020 and other. However, high cost associated with xenon gas production coupled with the availability of alternate solutions may hamper the market growth.

The regional analysis of global Xenon market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. With regional perspective, Asia Pacific region is expected to dominate the market share owing to the rising application of xenon in the satellite industry along with the developments in research areas. There are many satellites launches schedules in India in the upcoming year which use xenon-based electric propulsion system. Also, Japan and China are also major countries that use a significant amount of xenon for satellite applications.

Major market player included in this report are:

Air Liquide S.A.
Matheson Tri-Gas, Inc
American Gas Products
The Linde Group
Chromium Ltd.
Air Products & Chemicals
Messer Group
Air Water Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Mode of supply
Bulk supply
By Application
PDP backlighting

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Xenon Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Xenon Market, by Region, 2018-2027 (USD Million)
1.2.2. Xenon Market, by Mode of supply, 2018-2027 (USD Million)
1.2.3. Xenon Market, by Application, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Xenon Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Xenon Market Dynamics
3.1. Xenon Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Xenon Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Xenon Market, by Mode of supply
5.1. Market Snapshot
5.2. Global Xenon Market by Mode of supply, Performance – Potential Analysis
5.3. Global Xenon Market Estimates & Forecasts by Mode of supply 2017-2027 (USD Million)
5.4. Xenon Market, Sub Segment Analysis
5.4.1. Cylinders
5.4.2. Tonnage
5.4.3. Bulk supply
Chapter 6. Global Xenon Market, by Application
6.1. Market Snapshot
6.2. Global Xenon Market by Application, Performance – Potential Analysis
6.3. Global Xenon Market Estimates & Forecasts by Application 2017-2027 (USD Million)
6.4. Xenon Market, Sub Segment Analysis
6.4.1. Semiconductor
6.4.2. PDP backlighting
6.4.3. Lighting
6.4.4. Medical
6.4.5. Others

Chapter 7. Global Xenon Market, Regional Analysis
7.1. Xenon Market, Regional Market Snapshot
7.2. North America Xenon Market
7.2.1. U.S. Xenon Market Mode of supply breakdown estimates & forecasts, 2017-2027 Application. breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Xenon Market
7.3. Europe Xenon Market Snapshot
7.3.1. U.K. Xenon Market
7.3.2. Germany Xenon Market
7.3.3. France Xenon Market
7.3.4. Spain Xenon Market
7.3.5. Italy Xenon Market
7.3.6. Rest of Europe Xenon Market
7.4. Asia-Pacific Xenon Market Snapshot
7.4.1. China Xenon Market
7.4.2. India Xenon Market
7.4.3. Japan Xenon Market
7.4.4. Australia Xenon Market
7.4.5. South Korea Xenon Market
7.4.6. Rest of Asia Pacific Xenon Market
7.5. Latin America Xenon Market Snapshot
7.5.1. Brazil Xenon Market
7.5.2. Mexico Xenon Market
7.6. Rest of The World Xenon Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.3. Air Liquide S.A. Key Information Overview Financial (Subject to Data Availability) Summary Recent Developments
8.3.2. Matheson Tri-Gas, Inc
8.3.3. American Gas Products
8.3.4. The Linde Group
8.3.5. Chromium Ltd.
8.3.6. Air Products & Chemicals
8.3.7. Messer Group
8.3.8. Cryogenmash
8.3.9. Air Water Inc.
8.3.10. Coregas
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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