Indium
LED
Touchscreens
Buy Indium
Raw material producers:
China, South Korea, Japan
Areas of application:
LED (screens, lighting systems, advertising spaces, consumer electronics)
Semiconductors (touchscreens, medical technology)
Thin-film photovoltaics
Market forecasts:
- The annual global demand for indium in the renewable energy sector is forecast to increase from 48 tonnes in 2020 to up to 1,000 tonnes in 2050.1
- A compound annual growth rate (CAGR) of 15.1 % is expected for thin-film photovoltaics up to 2029, with the market set to double to around USD 12.4 billion by 2029.2
- The market for smartphones in Europe will grow at an annual rate of around 3.4 %.3
1) publications.jrc.ec.europa.eu/repository/bitstream/JRC132889/JRC132889_01.pdf
2) idtechex.com/en/research-article/the-future-of-thin-film-solar-a-market-on-the-rise/32871
3) statista.com/outlook/cmo/consumer-electronics/telephony/smartphones/europe