Market Overview:
The global laser crystal materials 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 lasers across various applications, such as industrial, medical, and scientific instruments. Additionally, the growing demand for high-power lasers is also contributing to the growth of this market. Based on type, the global laser crystal materials market can be segmented into Nd:YAG crystals, Nd:YVO4 crystals, and Ti:Al2O3 crystals. Among these types, Nd:YAG crystals are expected to account for a major share of the global laser crystal materials market during the forecast period owing to their high efficiency and low cost. By application, industrial lasers accounted for a major share of the global laser crystal materials market in 2017 and is projected to grow at a CAGR of 7% during 2018-2030 owing to rising adoption across various industries such as automotive & transportation and manufacturing & processing.
Product Definition:
Laser crystal materials are used in lasers to create the laser beam. They are typically made of materials that have strong optical properties, such as glass or crystals. The most common type of laser crystal is a rod-shaped material with mirrors on each end.
Nd:YAG:
Nd:YAG is a laser material that is used in the production of optical fibers, lasers, and other optoelectronic devices. It has applications in fiber communications & networking, telemedicine & teleradiology services as well as non-invasive medical diagnostics.
Nd:YVO4:
Nd:YVO4 is a rare earth oxide and one of the most powerful laser materials available in the market. It has been used to produce high-quality crystals for many applications such as opto-electronic components, optical fibers, and lasers.
Application Insights:
The other application segment includes laser applications in the semiconductor, metallurgical and chemical industries. The demand for LDCS is expected to grow at a significant rate owing to their increasing use in various laser products such as scientific instruments, medical lasers and industrial lasers. In addition, they are used as an active material in various types of LEDs & LCDs which further drives the market growth.
Industrial laser applications accounted for over 50% of the global LDMC market share by revenue in 2017 due to its growing usage across cutting tools and machine vision systems among others. Growing demand from metal cutting applications is anticipated to drive growth over the forecast period owing to high performance requirements from these machines on a daily basis without any maintenance issues or downtime which eventually boosts product adoption across end-use industries globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as industrial, scientific instruments, medical & dental, and others. In addition, increasing laser product manufacturing in countries such as China and Japan are further driving the regional market.
The Asia Pacific region is home to several emerging economies including India, Singapore, Thailand among many others which offer tremendous potential for Laser Crystal Materials manufacturers due to growing population along with rapid urbanization & industrialization that has led into an increase in consumer electronics production across these regions have significantly contributed towards industry growth over the past few years.
Growth Factors:
- Increasing demand for laser crystals from the defense and security sector
- Rising demand for laser crystals from the medical and healthcare sector
- Growing use of lasers in industrial applications
- Proliferation of new applications for lasers that require crystal materials
- Technological advancements that improve the performance and efficiency of lasers
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Crystal Materials Market Research Report
By Type
Nd:YAG, Nd:YVO4, Ti:Al2O3
By Application
Industrial Laser, Medical Laser, Scientific Instruments, Other
By Companies
II-VI Infrared, Northrop Grumman, Applied Materials, FEE, Laser Materials Corporation, CASTECHINC, DJ-Laser, Beijing Opto-Electronics Technology Co., Ltd., Beijing Jiepu Trend, Chongqing Gaosi Technology Co.,Ltd., CRYSLASER INC.
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Laser Crystal Materials Market Report Segments:
The global Laser Crystal Materials market is segmented on the basis of:
Types
Nd:YAG, Nd:YVO4, Ti:Al2O3
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
Industrial Laser, Medical Laser, Scientific Instruments, Other
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:
- II-VI Infrared
- Northrop Grumman
- Applied Materials
- FEE
- Laser Materials Corporation
- CASTECHINC
- DJ-Laser
- Beijing Opto-Electronics Technology Co., Ltd.
- Beijing Jiepu Trend
- Chongqing Gaosi Technology Co.,Ltd.
- CRYSLASER INC.
Highlights of The Laser Crystal Materials 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:
- Nd:YAG
- Nd:YVO4
- Ti:Al2O3
- By Application:
- Industrial Laser
- Medical Laser
- Scientific Instruments
- Other
- 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 Laser Crystal Materials 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?
Laser crystal materials are a type of material that is made from crystals that have been exposed to lasers. These crystals can be used in a variety of applications, including optical devices and sensors.
Some of the major players in the laser crystal materials market are II-VI Infrared, Northrop Grumman, Applied Materials, FEE, Laser Materials Corporation, CASTECHINC, DJ-Laser, Beijing Opto-Electronics Technology Co., Ltd., Beijing Jiepu Trend, Chongqing Gaosi Technology Co.,Ltd., CRYSLASER INC..
The laser crystal materials market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Crystal Materials 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 Laser Crystal Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Crystal Materials 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 Laser Crystal Materials 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 Laser Crystal Materials Market Size & Forecast, 2020-2028
4.5.1 Laser Crystal Materials Market Size and Y-o-Y Growth
4.5.2 Laser Crystal Materials Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Nd:YAG
5.2.2 Nd:YVO4
5.2.3 Ti:Al2O3
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial Laser
6.2.2 Medical Laser
6.2.3 Scientific Instruments
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Crystal Materials 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 Laser Crystal Materials 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Nd:YAG
9.6.2 Nd:YVO4
9.6.3 Ti:Al2O3
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 Market Size Forecast by Applications
9.10.1 Industrial Laser
9.10.2 Medical Laser
9.10.3 Scientific Instruments
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Nd:YAG
10.6.2 Nd:YVO4
10.6.3 Ti:Al2O3
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 Market Size Forecast by Applications
10.10.1 Industrial Laser
10.10.2 Medical Laser
10.10.3 Scientific Instruments
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Nd:YAG
11.6.2 Nd:YVO4
11.6.3 Ti:Al2O3
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 Market Size Forecast by Applications
11.10.1 Industrial Laser
11.10.2 Medical Laser
11.10.3 Scientific Instruments
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Nd:YAG
12.6.2 Nd:YVO4
12.6.3 Ti:Al2O3
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 Market Size Forecast by Applications
12.10.1 Industrial Laser
12.10.2 Medical Laser
12.10.3 Scientific Instruments
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Nd:YAG
13.6.2 Nd:YVO4
13.6.3 Ti:Al2O3
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) Market Size Forecast by Applications
13.10.1 Industrial Laser
13.10.2 Medical Laser
13.10.3 Scientific Instruments
13.10.4 Other
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 Laser Crystal Materials Market: Competitive Dashboard
14.2 Global Laser Crystal Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 II-VI Infrared
14.3.2 Northrop Grumman
14.3.3 Applied Materials
14.3.4 FEE
14.3.5 Laser Materials Corporation
14.3.6 CASTECHINC
14.3.7 DJ-Laser
14.3.8 Beijing Opto-Electronics Technology Co., Ltd.
14.3.9 Beijing Jiepu Trend
14.3.10 Chongqing Gaosi Technology Co.,Ltd.
14.3.11 CRYSLASER INC.
