Market Overview:
The global Lithium Niobate Wafer market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lithium niobate wafers from various applications such as optical field, electronic field, acoustic field, communication field and others. Additionally, factors such as technological advancements and rising demand for miniaturization are also contributing to the growth of this market. However, fluctuations in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
Lithium niobate wafer is a substrate material that is used to fabricate optical components, such as lenses and prisms. Lithium niobate is an excellent material for these applications because it has a very low coefficient of thermal expansion, which means that it does not expand or contract when heated or cooled. This makes it ideal for use in precision optics.
Optical Grade:
Optical grade is a product that has been used in the production of wafers for light-emitting diodes (LEDs) and laser diodes. It helps to improve the quality of light by filtering out all kinds of unwanted wavelengths from the LED or laser diode output.
SAW Grade:
SAW grade is a type of wafer that is manufactured using silicon crystals grown on an ultra-thin slice of raw material. The crystal structure in SAW grade provides superior performance as compared to the other types of wafers such as Czochralski and monocrystalline.
The superior properties exhibited by SAW grades are attributed to the high degree of purity, thinness, large area ratio and uniformity in size offered by this product type.
Application Insights:
The electronic field application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. Lithium niobate is used as an active material in various solid-state devices, such as MOSFET, IGBTs and Diodes. The optical field application segment is expected to witness a high growth rate during the forecast period owing to rising demand from smartphones, digital cameras and flat panel displays among others.
Acoustic field applications include use of lithium niobate as a sound wave filter in telephones and hearing aids among others. Communication field applications include satellite phones, wireless communication products including Bluetooth devices and Wi-Fi routers among others. Other applications include use of LiNbO3 for nonlinear optics purposes such as stimulated Brillouin scattering (SBS), surface acoustic waves (SAW) generation etc., which are not covered under other segments above.
Regional Analysis:
Asia Pacific dominated the global lithium niobate wafer market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for consumer electronics, rising adoption of IoT devices, and rapid development in telecommunication sector. China is a major producer as well as consumer owing to presence of large-scale manufacturers such as SEGWAY INC., Tianjin Jin-Zhu Wafers Manufacturing Co., Ltd., and others.
North America accounted for a significant share in global market space due to high demand from end users such as telecom equipment & components, medical devices & sensors, aerospace & defense industry. Lithium niobate has emerged recently due to technological advancements coupled with growing applications across various industries; hence driving the regional market growth over the forecast period.
Growth Factors:
- Increasing demand for optoelectronics and photonics devices
- Rising demand from the telecommunications sector
- Growing popularity of LiNbO3-based optical modulators and switches
- Proliferation of 5G networks across the globe
- surging investments in nanotechnology
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Niobate Wafer Market Research Report
By Type
Optical Grade, SAW Grade
By Application
Electronic Field, Optical Field, Acoustic Field, Communication Field, Others
By Companies
G&H, MTI Corporatio, American Elements, Gelest Inc, KOIKE CO.,LTD., Precision Micro-Optic, Yuan Hong Technical Materials, Hangzhou Freqcontrol Electronic Technology
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Niobate Wafer Market Report Segments:
The global Lithium Niobate Wafer market is segmented on the basis of:
Types
Optical Grade, SAW Grade
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
Electronic Field, Optical Field, Acoustic Field, Communication Field, 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:
- G&H
- MTI Corporatio
- American Elements
- Gelest Inc
- KOIKE CO.,LTD.
- Precision Micro-Optic
- Yuan Hong Technical Materials
- Hangzhou Freqcontrol Electronic Technology
Highlights of The Lithium Niobate Wafer 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:
- Optical Grade
- SAW Grade
- By Application:
- Electronic Field
- Optical Field
- Acoustic Field
- Communication Field
- 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 Lithium Niobate Wafer 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?
Lithium niobate is a material that has been used in electronic devices for decades. It is a thin, transparent wafer made of lithium niobate crystals. The crystal structure of lithium niobate makes it an excellent material for transistors and other electronic components because it can handle high voltages and temperatures.
Some of the major companies in the lithium niobate wafer market are G&H, MTI Corporatio, American Elements, Gelest Inc, KOIKE CO.,LTD., Precision Micro-Optic, Yuan Hong Technical Materials, Hangzhou Freqcontrol Electronic Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium Niobate Wafer 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 Lithium Niobate Wafer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithium Niobate Wafer 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 Lithium Niobate Wafer 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 Lithium Niobate Wafer Market Size & Forecast, 2018-2028
4.5.1 Lithium Niobate Wafer Market Size and Y-o-Y Growth
4.5.2 Lithium Niobate Wafer Market Absolute $ Opportunity
Chapter 5 Global Lithium Niobate Wafer 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 Lithium Niobate Wafer Market Size Forecast by Type
5.2.1 Optical Grade
5.2.2 SAW Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lithium Niobate Wafer 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 Lithium Niobate Wafer Market Size Forecast by Applications
6.2.1 Electronic Field
6.2.2 Optical Field
6.2.3 Acoustic Field
6.2.4 Communication Field
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium Niobate Wafer 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 Lithium Niobate Wafer 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 Lithium Niobate Wafer Analysis and Forecast
9.1 Introduction
9.2 North America Lithium Niobate Wafer 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 Lithium Niobate Wafer Market Size Forecast by Type
9.6.1 Optical Grade
9.6.2 SAW Grade
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 Lithium Niobate Wafer Market Size Forecast by Applications
9.10.1 Electronic Field
9.10.2 Optical Field
9.10.3 Acoustic Field
9.10.4 Communication Field
9.10.5 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 Lithium Niobate Wafer Analysis and Forecast
10.1 Introduction
10.2 Europe Lithium Niobate Wafer 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 Lithium Niobate Wafer Market Size Forecast by Type
10.6.1 Optical Grade
10.6.2 SAW Grade
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 Lithium Niobate Wafer Market Size Forecast by Applications
10.10.1 Electronic Field
10.10.2 Optical Field
10.10.3 Acoustic Field
10.10.4 Communication Field
10.10.5 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 Lithium Niobate Wafer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithium Niobate Wafer 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 Lithium Niobate Wafer Market Size Forecast by Type
11.6.1 Optical Grade
11.6.2 SAW Grade
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 Lithium Niobate Wafer Market Size Forecast by Applications
11.10.1 Electronic Field
11.10.2 Optical Field
11.10.3 Acoustic Field
11.10.4 Communication Field
11.10.5 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 Lithium Niobate Wafer Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithium Niobate Wafer 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 Lithium Niobate Wafer Market Size Forecast by Type
12.6.1 Optical Grade
12.6.2 SAW Grade
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 Lithium Niobate Wafer Market Size Forecast by Applications
12.10.1 Electronic Field
12.10.2 Optical Field
12.10.3 Acoustic Field
12.10.4 Communication Field
12.10.5 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) Lithium Niobate Wafer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithium Niobate Wafer 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) Lithium Niobate Wafer Market Size Forecast by Type
13.6.1 Optical Grade
13.6.2 SAW Grade
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) Lithium Niobate Wafer Market Size Forecast by Applications
13.10.1 Electronic Field
13.10.2 Optical Field
13.10.3 Acoustic Field
13.10.4 Communication Field
13.10.5 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 Lithium Niobate Wafer Market: Competitive Dashboard
14.2 Global Lithium Niobate Wafer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 G&H
14.3.2 MTI Corporatio
14.3.3 American Elements
14.3.4 Gelest Inc
14.3.5 KOIKE CO.,LTD.
14.3.6 Precision Micro-Optic
14.3.7 Yuan Hong Technical Materials
14.3.8 Hangzhou Freqcontrol Electronic Technology
