Market Overview:
The Global Er:YAG Crystals Market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for medical and industrial applications, rising awareness about laser technology, and growing investments in research and development activities. However, the high cost of lasers may restrain the market growth. Based on type, the global er:yag crystals market is segmented into er doping concentration 1%, er doping concentration 20%, er doping concentration 50%, and others. The others segment includes undoped yttrium aluminum garnet (YAG) crystals. Based on application, the global er:yag crystals market is divided into medical applications, industrial applications, scientific research applications, and others. Others include military & defense sector and automotive sector among others.
Product Definition:
The Er:YAG Crystal is a laser that emits light in the infrared spectrum. It is important for medical applications such as surgery, because it can be used to cut and remove tissue without damaging the surrounding area.
Er Doping Concentration 1%:
1% Er Doping Concentration is an advanced form of Erbium-Doped Yttrium Aluminum Garnet (Er:YAG). It's a solid solution of Dy3+ ions and Y3+ ions, where 3 + refers to the number of positive charges it has. The 1% EDC is commercially available in two forms which are as a colorless liquid with odor like that of nail polish remover and as white waxy powder.
Er Doping Concentration 20%:
The Er Doping Concentration 20% is a solution used for the controlled incorporation of an impurity into a high-quality product. It is also used as an additive to improve the quality and performance of erbium-doped yttrium aluminum Garnet (Er: YAG) crystals. The concentration ranges from 20% to 40%.
Application Insights:
The application segment includes medical, industry, scientific research and others. The other applications include the use of yttrium aluminum garnet (YAG) as a material for producing laser systems and high power lasers. The growing demand for YAG in various applications such as industrial & medical lasers, solid-state lighting (SSL), non-laser optical components is expected to drive the market over the forecast period.
The industry segment was valued at USD 391.0 million in 2017 owing to increasing adoption of YAG crystal fibers that are used in manufacturing light sources used by surgeons and dentists for surgical operations and dental work respectively.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to increasing R&D activities and high adoption rate for technologically advanced products. In addition, growing medical tourism industry in countries such as Canada and U.
Growth Factors:
- Increasing demand for laser surgery procedures: The increasing demand for minimally invasive surgeries is driving the growth of the Er:YAG crystals market. Laser surgery procedures are less invasive and cause less damage to tissues when compared to traditional surgical methods. This is because lasers emit a single wavelength of light, which can be focused on a specific target area. This results in reduced tissue damage and faster healing times.
- Growing use of lasers in dental applications: The growing use of lasers in dental applications is another major driver for the Er:YAG crystals market. Lasers are being increasingly used in dentistry to remove tooth decay, perform gum surgery, and whiten teeth. They offer several advantages over traditional dental tools such as improved accuracy and reduced patient discomfort levels.
Scope Of The Report
Report Attributes
Report Details
Report Title
Er:YAG Crystals Market Research Report
By Type
Er Doping Concentration 1%, Er Doping Concentration 20%, Er Doping Concentration 50%, Others
By Application
Medical, Industry, Scientific Research, Others
By Companies
Northrop Grumman, Lasertec, Optogama, Beijing Jiepu Trend, JG InterNational, Yong Hee Photonics, FLIR Systems, Electro-Optics Technology (EOT), Crystaltechno, Red Optronics
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Er:YAG Crystals Market Report Segments:
The global Er:YAG Crystals market is segmented on the basis of:
Types
Er Doping Concentration 1%, Er Doping Concentration 20%, Er Doping Concentration 50%, Others
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
Medical, Industry, Scientific Research, 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:
- Northrop Grumman
- Lasertec
- Optogama
- Beijing Jiepu Trend
- JG InterNational
- Yong Hee Photonics
- FLIR Systems
- Electro-Optics Technology (EOT)
- Crystaltechno
- Red Optronics
Highlights of The Er:YAG Crystals 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:
- Er Doping Concentration 1%
- Er Doping Concentration 20%
- Er Doping Concentration 50%
- Others
- By Application:
- Medical
- Industry
- Scientific Research
- 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 Er:YAG Crystals 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
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- Consumer Insights
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- Product & Brand Management
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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?
Er:YAG crystals are a type of laser crystal that emits short-wavelength light, such as blue or violet light. They are used in optical communications and other applications that require high-quality, short-wavelength light.
Some of the key players operating in the er:yag crystals market are Northrop Grumman, Lasertec, Optogama, Beijing Jiepu Trend, JG InterNational, Yong Hee Photonics, FLIR Systems, Electro-Optics Technology (EOT), Crystaltechno, Red Optronics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Er:YAG Crystals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Er:YAG Crystals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Er:YAG Crystals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Er:YAG Crystals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Er:YAG Crystals Market Size & Forecast, 2018-2028
4.5.1 Er:YAG Crystals Market Size and Y-o-Y Growth
4.5.2 Er:YAG Crystals Market Absolute $ Opportunity
Chapter 5 Global Er:YAG Crystals Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Er:YAG Crystals Market Size Forecast by Type
5.2.1 Er Doping Concentration 1%
5.2.2 Er Doping Concentration 20%
5.2.3 Er Doping Concentration 50%
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Er:YAG Crystals Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Er:YAG Crystals Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Industry
6.2.3 Scientific Research
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Er:YAG Crystals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Er:YAG Crystals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Er:YAG Crystals Analysis and Forecast
9.1 Introduction
9.2 North America Er:YAG Crystals Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Er:YAG Crystals Market Size Forecast by Type
9.6.1 Er Doping Concentration 1%
9.6.2 Er Doping Concentration 20%
9.6.3 Er Doping Concentration 50%
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Er:YAG Crystals Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Industry
9.10.3 Scientific Research
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Er:YAG Crystals Analysis and Forecast
10.1 Introduction
10.2 Europe Er:YAG Crystals Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Er:YAG Crystals Market Size Forecast by Type
10.6.1 Er Doping Concentration 1%
10.6.2 Er Doping Concentration 20%
10.6.3 Er Doping Concentration 50%
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Er:YAG Crystals Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Industry
10.10.3 Scientific Research
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Er:YAG Crystals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Er:YAG Crystals Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Er:YAG Crystals Market Size Forecast by Type
11.6.1 Er Doping Concentration 1%
11.6.2 Er Doping Concentration 20%
11.6.3 Er Doping Concentration 50%
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Er:YAG Crystals Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Industry
11.10.3 Scientific Research
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Er:YAG Crystals Analysis and Forecast
12.1 Introduction
12.2 Latin America Er:YAG Crystals Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Er:YAG Crystals Market Size Forecast by Type
12.6.1 Er Doping Concentration 1%
12.6.2 Er Doping Concentration 20%
12.6.3 Er Doping Concentration 50%
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Er:YAG Crystals Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Industry
12.10.3 Scientific Research
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Er:YAG Crystals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Er:YAG Crystals Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Er:YAG Crystals Market Size Forecast by Type
13.6.1 Er Doping Concentration 1%
13.6.2 Er Doping Concentration 20%
13.6.3 Er Doping Concentration 50%
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Er:YAG Crystals Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Industry
13.10.3 Scientific Research
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Er:YAG Crystals Market: Competitive Dashboard
14.2 Global Er:YAG Crystals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Northrop Grumman
14.3.2 Lasertec
14.3.3 Optogama
14.3.4 Beijing Jiepu Trend
14.3.5 JG InterNational
14.3.6 Yong Hee Photonics
14.3.7 FLIR Systems
14.3.8 Electro-Optics Technology (EOT)
14.3.9 Crystaltechno
14.3.10 Red Optronics
