Market Overview:
The global electrooptic crystal market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for optical switches, scanners, and light modulators across different applications. Additionally, the growing adoption of electrooptic crystals in telecom and defense sectors is also propelling the growth of this market. Based on type, potassium dihydrogen phosphate (KDP), ammonium hydrogen phosphate (AHP), lithium niobate (LiNbO3), and lithium tantalate (LiTaO3) are some of the key segments in the global electrooptic crystal market. Among these types, KDP held a major share of the overall electrooptic crystal market in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its high performance coupled with low cost as compared to other types of crystals available in this market. Based on application, optical switches held a dominant share of over 50% in 2017.
Product Definition:
An electrooptic crystal is a material that can change its optical properties in an electric field. This can be used to control the light passing through the crystal, for example by switching it between transparent and opaque states. Electrooptic crystals are important for devices such as liquid-crystal displays (LCDs) and optical switches.
Potassium Dihydrogen Phosphate:
Potassium dihydrogen phosphate, commonly known as KDP, is a potassium salt of dihydrogen phosphates. It is a white hygroscopic crystalline powder and has an odor similar to that of flour. It freely soluble in water and has no taste.
Ammonium Hydrogen Phosphate:
Ammonium hydrogen phosphate is a salt which consists of an ammonium cation and a hydrogen cation. It has applications in the food industry as a leavening agent, fertilizers, and for maintaining moisture in frozen products. The product also finds application as an additive to gasoline to increase its octane rating.
Application Insights:
Light modulator application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to growing demand for light-based displays, which are used in a variety of end-use applications including consumer electronics.
The optical switch application segment is expected to witness significant growth over the forecast period owing to increasing demand from telecommunication and IT industries. Optical switches are used as components in data communication networks that enable information flow between different devices connected by a network. They also have numerous uses in computers, smartphones and other electronic devices where they are used as input/output ports or buttons on keyboards or remote controls among others.
Scanner application segment is anticipated to grow at a significant rate during the forecast period due largelyto rising use of scanners by banks.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing R&D activities and technological advancements in end-use applications of EO crystals. In addition, presence of major key players such as Corning Incorporated, General Electric, and Schott AG is also contributing towards industry growth in this region.
Asia Pacific is anticipated to be the fastest growing regional market from 2018 to 2030 due to rising industrialization coupled with government support for research & development activities relatedto electrooptic crystals across various countries such as China, Japan, India among others are driving this industry growth.
Growth Factors:
- Increasing demand for optical communication systems
- Rising demand for electro-optical devices in defense and security applications
- Growing adoption of electro-optical crystals in medical imaging and diagnostics
- Proliferation of 3D printing technology
- Increasing research and development investments by electro-optical crystal manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrooptic Crystal Market Research Report
By Type
Potassium Dihydrogen Phosphate, Ammonium Hydrogen Phosphate, Lithium Niobate, Lithium Tantalate
By Application
Light Modulator, Scanner, Optical Switch, Others
By Companies
Raicol Crystals, Precision Micro-Optics Inc, Rainbow Photonics AG, Gooch & Housego
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Electrooptic Crystal Market Report Segments:
The global Electrooptic Crystal market is segmented on the basis of:
Types
Potassium Dihydrogen Phosphate, Ammonium Hydrogen Phosphate, Lithium Niobate, Lithium Tantalate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Light Modulator, Scanner, Optical Switch, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Raicol Crystals
- Precision Micro-Optics Inc
- Rainbow Photonics AG
- Gooch & Housego
Highlights of The Electrooptic Crystal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Potassium Dihydrogen Phosphate
- Ammonium Hydrogen Phosphate
- Lithium Niobate
- Lithium Tantalate
- By Application:
- Light Modulator
- Scanner
- Optical Switch
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrooptic Crystal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrooptic crystals are materials that can switch between two different states, depending on the voltage applied.
Some of the key players operating in the electrooptic crystal market are Raicol Crystals, Precision Micro-Optics Inc, Rainbow Photonics AG, Gooch & Housego.
The electrooptic crystal market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrooptic Crystal Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrooptic Crystal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrooptic Crystal Market - Supply Chain
4.5. Global Electrooptic Crystal Market Forecast
4.5.1. Electrooptic Crystal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrooptic Crystal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrooptic Crystal Market Absolute $ Opportunity
5. Global Electrooptic Crystal Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrooptic Crystal Market Size and Volume Forecast by Type
5.3.1. Potassium Dihydrogen Phosphate
5.3.2. Ammonium Hydrogen Phosphate
5.3.3. Lithium Niobate
5.3.4. Lithium Tantalate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrooptic Crystal Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrooptic Crystal Market Size and Volume Forecast by Application
6.3.1. Light Modulator
6.3.2. Scanner
6.3.3. Optical Switch
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrooptic Crystal Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrooptic Crystal Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrooptic Crystal Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrooptic Crystal Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrooptic Crystal Demand Share Forecast, 2019-2026
9. North America Electrooptic Crystal Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrooptic Crystal Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrooptic Crystal Market Size and Volume Forecast by Application
9.4.1. Light Modulator
9.4.2. Scanner
9.4.3. Optical Switch
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrooptic Crystal Market Size and Volume Forecast by Type
9.7.1. Potassium Dihydrogen Phosphate
9.7.2. Ammonium Hydrogen Phosphate
9.7.3. Lithium Niobate
9.7.4. Lithium Tantalate
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrooptic Crystal Demand Share Forecast, 2019-2026
10. Latin America Electrooptic Crystal Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrooptic Crystal Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrooptic Crystal Market Size and Volume Forecast by Application
10.4.1. Light Modulator
10.4.2. Scanner
10.4.3. Optical Switch
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrooptic Crystal Market Size and Volume Forecast by Type
10.7.1. Potassium Dihydrogen Phosphate
10.7.2. Ammonium Hydrogen Phosphate
10.7.3. Lithium Niobate
10.7.4. Lithium Tantalate
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrooptic Crystal Demand Share Forecast, 2019-2026
11. Europe Electrooptic Crystal Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrooptic Crystal Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrooptic Crystal Market Size and Volume Forecast by Application
11.4.1. Light Modulator
11.4.2. Scanner
11.4.3. Optical Switch
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrooptic Crystal Market Size and Volume Forecast by Type
11.7.1. Potassium Dihydrogen Phosphate
11.7.2. Ammonium Hydrogen Phosphate
11.7.3. Lithium Niobate
11.7.4. Lithium Tantalate
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrooptic Crystal Demand Share, 2019-2026
12. Asia Pacific Electrooptic Crystal Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrooptic Crystal Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrooptic Crystal Market Size and Volume Forecast by Application
12.4.1. Light Modulator
12.4.2. Scanner
12.4.3. Optical Switch
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrooptic Crystal Market Size and Volume Forecast by Type
12.7.1. Potassium Dihydrogen Phosphate
12.7.2. Ammonium Hydrogen Phosphate
12.7.3. Lithium Niobate
12.7.4. Lithium Tantalate
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrooptic Crystal Demand Share, 2019-2026
13. Middle East & Africa Electrooptic Crystal Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrooptic Crystal Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrooptic Crystal Market Size and Volume Forecast by Application
13.4.1. Light Modulator
13.4.2. Scanner
13.4.3. Optical Switch
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrooptic Crystal Market Size and Volume Forecast by Type
13.7.1. Potassium Dihydrogen Phosphate
13.7.2. Ammonium Hydrogen Phosphate
13.7.3. Lithium Niobate
13.7.4. Lithium Tantalate
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrooptic Crystal Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrooptic Crystal Market: Market Share Analysis
14.2. Electrooptic Crystal Distributors and Customers
14.3. Electrooptic Crystal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Raicol Crystals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Precision Micro-Optics Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rainbow Photonics AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gooch & Housego
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
