Market Overview:
The global Nd:KGW crystals 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 diode-pumped Q-switched lasers and Raman converters. Additionally, the growing demand for Nd:KGW crystals in Asia Pacific is also contributing to the growth of this market. However, factors such as high price and limited availability of raw materials are restraining the growth of this market.
Product Definition:
The term Nd:KGW Crystals refers to the use of neodymium ions (Nd3+) in conjunction with potassium ions (K+) and gallium ions (Ga3+) in a crystal structure. This combination of elements creates a material that has unique optical and magnetic properties, which can be used in various applications such as lasers, optical amplifiers, and microwave devices.
Nd Doping Concentration 3%:
Nd doping concentration 3%, it's usage.
The global nuclear industry has been witnessing significant expansion over the past few years on account of growing energy demand from the end-use sectors. This trend is expected to continue over the forecast period, thus driving up product demand. In addition, rising concerns regarding energy security along with increasing government support for new power generation projects are likely to boost industry growth further.
Nd Doping Concentration 5%:
Nd doping concentration 5% is a new term in the Nd:KGW crystal market. It was created to differentiate a new type of product that has been developed by modifying the existing Nd:KGW products for specific applications. The modification was made by adding 5% of neodymium instead of yttrium, which increases its utility as an industrial material and reduces its use as a luxury or jewelry material.
Application Insights:
The demand for the product in diode-pumped Q-switched lasers application is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to their high power density and compact size, which makes them suitable for applications such as automotive headlamps. The growing adoption of laser products in various end-use industries including communication, optical networking, medical diagnostics and barcode scanners is anticipated to drive the global market over the forecast period.
Raman Converter segment held around 6% share of global revenue in 2017 owing to its ability to convert electrical energy into acoustic energy with high efficiency level.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major manufacturers and key players operating in this region. The U.S. is one of the leading producers of semiconductor devices, which has led to an increase in demand for KGW crystals across North America over the past few years.
Asia Pacific is expected to be one of fastest-growing regions due its increasing population and rising healthcare expenditure per capita as well as overall health expenditure (OHEC).
Growth Factors:
- Increasing demand for lasers and optical devices in defense and commercial sectors
- Rising demand for Nd:KGW crystals from the medical industry for use in surgical lasers and other medical applications
- Growing popularity of laser-based hair removal procedures
- Proliferation of high-power fiber lasers used in manufacturing and industrial applications
- Technological advancements that result in smaller, more efficient Nd:KGW crystals
Scope Of The Report
Report Attributes
Report Details
Report Title
Nd:KGW Crystals Market Research Report
By Type
Nd Doping Concentration 3%, Nd Doping Concentration 5%, Others
By Application
Diode-Pumped Q-Switched Lasers, Raman Converter, Others
By Companies
Optogama, ALPHALAS, EKSMA Optics, CASTECH
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Nd:KGW Crystals Market Report Segments:
The global Nd:KGW Crystals market is segmented on the basis of:
Types
Nd Doping Concentration 3%, Nd Doping Concentration 5%, 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
Diode-Pumped Q-Switched Lasers, Raman Converter, 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:
- Optogama
- ALPHALAS
- EKSMA Optics
- CASTECH
Highlights of The Nd:KGW 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:
- Nd Doping Concentration 3%
- Nd Doping Concentration 5%
- Others
- By Application:
- Diode-Pumped Q-Switched Lasers
- Raman Converter
- 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 Nd:KGW 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
- 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?
Nd:KGW Crystals are a type of rare earth crystal that is used in infrared optics.
Some of the major players in the nd:kgw crystals market are Optogama, ALPHALAS, EKSMA Optics, CASTECH.
The nd:kgw crystals market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nd:KGW 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 Nd:KGW Crystals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nd:KGW 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 Nd:KGW 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 Nd:KGW Crystals Market Size & Forecast, 2018-2028
4.5.1 Nd:KGW Crystals Market Size and Y-o-Y Growth
4.5.2 Nd:KGW Crystals Market Absolute $ Opportunity
Chapter 5 Global Nd:KGW 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 Nd:KGW Crystals Market Size Forecast by Type
5.2.1 Nd Doping Concentration 3%
5.2.2 Nd Doping Concentration 5%
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nd:KGW 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 Nd:KGW Crystals Market Size Forecast by Applications
6.2.1 Diode-Pumped Q-Switched Lasers
6.2.2 Raman Converter
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nd:KGW 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 Nd:KGW 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 Nd:KGW Crystals Analysis and Forecast
9.1 Introduction
9.2 North America Nd:KGW 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 Nd:KGW Crystals Market Size Forecast by Type
9.6.1 Nd Doping Concentration 3%
9.6.2 Nd Doping Concentration 5%
9.6.3 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 Nd:KGW Crystals Market Size Forecast by Applications
9.10.1 Diode-Pumped Q-Switched Lasers
9.10.2 Raman Converter
9.10.3 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 Nd:KGW Crystals Analysis and Forecast
10.1 Introduction
10.2 Europe Nd:KGW 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 Nd:KGW Crystals Market Size Forecast by Type
10.6.1 Nd Doping Concentration 3%
10.6.2 Nd Doping Concentration 5%
10.6.3 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 Nd:KGW Crystals Market Size Forecast by Applications
10.10.1 Diode-Pumped Q-Switched Lasers
10.10.2 Raman Converter
10.10.3 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 Nd:KGW Crystals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nd:KGW 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 Nd:KGW Crystals Market Size Forecast by Type
11.6.1 Nd Doping Concentration 3%
11.6.2 Nd Doping Concentration 5%
11.6.3 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 Nd:KGW Crystals Market Size Forecast by Applications
11.10.1 Diode-Pumped Q-Switched Lasers
11.10.2 Raman Converter
11.10.3 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 Nd:KGW Crystals Analysis and Forecast
12.1 Introduction
12.2 Latin America Nd:KGW 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 Nd:KGW Crystals Market Size Forecast by Type
12.6.1 Nd Doping Concentration 3%
12.6.2 Nd Doping Concentration 5%
12.6.3 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 Nd:KGW Crystals Market Size Forecast by Applications
12.10.1 Diode-Pumped Q-Switched Lasers
12.10.2 Raman Converter
12.10.3 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) Nd:KGW Crystals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nd:KGW 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) Nd:KGW Crystals Market Size Forecast by Type
13.6.1 Nd Doping Concentration 3%
13.6.2 Nd Doping Concentration 5%
13.6.3 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) Nd:KGW Crystals Market Size Forecast by Applications
13.10.1 Diode-Pumped Q-Switched Lasers
13.10.2 Raman Converter
13.10.3 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 Nd:KGW Crystals Market: Competitive Dashboard
14.2 Global Nd:KGW Crystals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Optogama
14.3.2 ALPHALAS
14.3.3 EKSMA Optics
14.3.4 CASTECH
