Market Overview:
The global neodymium-doped phosphate glass (Nd glass) market is expected to register a CAGR of 6.5% during the forecast period, 2018–2030. The market growth can be attributed to the increasing demand for high average power laser solid state lasers and laser material processing applications. Additionally, the growing use of Nd glass in laser range finders is also propelling the growth of this market. However, fluctuating prices of neodymium may restrain the growth of this market to some extent during the forecast period. Based on type, rods are expected to account for a larger share in terms of revenue in 2018 as compared to discs and slabs; however, discs are projected to grow at a higher CAGR from 2018–2030 owing to their increasing demand for high average power laser solid state lasers and other applications such as medical devices and analytical instruments.
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Product Definition:
A type of optical glass that has been doped with neodymium ions to increase its refractive index. This increases the amount of light that can be transmitted through the glass, making it ideal for use in optical devices and lasers.
Rods:
Rods are small cylindrical bodies made from tungsten, iron or other metals. Tungsten-based rods have the highest melting point and density among all metal rrod; they also exhibit high corrosion resistance. The most commonly used material for manufacturing rods is tungsten because of its low cost and abundant availability as a raw material.
Discs:
The discs are made from special alloys of metals such as neodymium, iron, and magnesium. The glass is manufactured by fusing the powder together and then heating it to a very high temperature. At a very high temperature the metal particles in the glass start attracting small molecules like water or oil to form an alloy. This process is called melting because when solid material is heated it changes its physical properties (such as shape & size) before cooling down to its original state.
Application Insights:
The global neodymium-doped phosphate glass (Nd glass) market has been segmented on the basis of application into high average power laser solid state lasers, laser material processing, range finders and others. The high average power lasers segment dominated the overall industry in terms of revenue share in 2017. This is attributed to factors such as increasing demand for highly efficient Nd glasses with low cost and superior properties that are required for applications in high powered lasers worldwide.
The laser material processing application is projected to grow at a lucrative CAGR during the forecast period owing to rising demand from various end-use industries including optoelectronics, fiber optics and medical applications worldwide. Moreover, growing investments by key players for R&D activities pertaining to advanced materials & devices used in cutting edge High Power Lasers (HPLs) will further propel product demand over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. This is attributed to the presence of key manufacturers such as Nippon Electric Glass Co., Ltd., JEITA, Shintomatsu LASAGNEERING Co., Ltd. and others based out of Japan, China and India respectively. The region will retain its position during the forecast period owing to continuous technological advancements coupled with increasing demand for high-performance lasers from various end-use industries such as industrial, scientific research & medical among others.
The growth rate in Europe was estimated at 7% from 2018 to 2030 due to rising product demand across laser applications including solid state lasers used for industrial processing, range finders used by military forces among other sectors requiring long term performance and superior quality Neodymium-based products.
Growth Factors:
- Increasing demand for Nd Glass from the optical fiber communication industry for high-power lasers and amplifiers
- Rising demand for Nd Glass from the medical industry for use in radiation therapy and diagnostic imaging
- Growing popularity of Nd Glass as a material for solid-state lasers
- Increasing use of Nd Glass in defense and security applications
- Technological advancements that improve the performance of Nd Glass
Scope Of The Report
Report Attributes
Report Details
Report Title
Neodymium-Doped Phosphate Glass (Nd Glass) Market Research Report
By Type
Rods, Discs, Slabs
By Application
High Average Power Laser Solid State Laser, Laser Material Processing, Laser Range Finder, Others
By Companies
Lasertec, Shanghai Institute of Optics and Fine Mechanics (SIOM), Advatech, FOCtek, PI-KEM
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Neodymium-Doped Phosphate Glass (Nd Glass) Market Report Segments:
The global Neodymium-Doped Phosphate Glass (Nd Glass) market is segmented on the basis of:
Types
Rods, Discs, Slabs
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
High Average Power Laser Solid State Laser, Laser Material Processing, Laser Range Finder, 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:
- Lasertec
- Shanghai Institute of Optics and Fine Mechanics (SIOM)
- Advatech
- FOCtek
- PI-KEM
 Market Overview.svg)
Highlights of The Neodymium-Doped Phosphate Glass (Nd Glass) 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:
- Rods
- Discs
- Slabs
- By Application:
- High Average Power Laser Solid State Laser
- Laser Material Processing
- Laser Range Finder
- 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 Neodymium-Doped Phosphate Glass (Nd Glass) 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
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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?
Neodymium-doped phosphate glass (Nd Glass) is a type of glass that contains small amounts of neodymium, a rare earth metal. Nd Glass has several properties that make it useful in various applications, including displays and lighting.
Some of the major players in the neodymium-doped phosphate glass (nd glass) market are Lasertec, Shanghai Institute of Optics and Fine Mechanics (SIOM), Advatech, FOCtek, PI-KEM.
The neodymium-doped phosphate glass (nd glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size & Forecast, 2018-2028
4.5.1 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size and Y-o-Y Growth
4.5.2 Neodymium-Doped Phosphate Glass (Nd Glass) Market Absolute $ Opportunity
Chapter 5 Global Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Type
5.2.1 Rods
5.2.2 Discs
5.2.3 Slabs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Applications
6.2.1 High Average Power Laser Solid State Laser
6.2.2 Laser Material Processing
6.2.3 Laser Range Finder
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) Analysis and Forecast
9.1 Introduction
9.2 North America Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Type
9.6.1 Rods
9.6.2 Discs
9.6.3 Slabs
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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Applications
9.10.1 High Average Power Laser Solid State Laser
9.10.2 Laser Material Processing
9.10.3 Laser Range Finder
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 Neodymium-Doped Phosphate Glass (Nd Glass) Analysis and Forecast
10.1 Introduction
10.2 Europe Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Type
10.6.1 Rods
10.6.2 Discs
10.6.3 Slabs
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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Applications
10.10.1 High Average Power Laser Solid State Laser
10.10.2 Laser Material Processing
10.10.3 Laser Range Finder
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 Neodymium-Doped Phosphate Glass (Nd Glass) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Type
11.6.1 Rods
11.6.2 Discs
11.6.3 Slabs
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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Applications
11.10.1 High Average Power Laser Solid State Laser
11.10.2 Laser Material Processing
11.10.3 Laser Range Finder
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 Neodymium-Doped Phosphate Glass (Nd Glass) Analysis and Forecast
12.1 Introduction
12.2 Latin America Neodymium-Doped Phosphate Glass (Nd Glass) 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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Type
12.6.1 Rods
12.6.2 Discs
12.6.3 Slabs
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 Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Applications
12.10.1 High Average Power Laser Solid State Laser
12.10.2 Laser Material Processing
12.10.3 Laser Range Finder
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) Neodymium-Doped Phosphate Glass (Nd Glass) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Neodymium-Doped Phosphate Glass (Nd Glass) 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) Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Type
13.6.1 Rods
13.6.2 Discs
13.6.3 Slabs
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) Neodymium-Doped Phosphate Glass (Nd Glass) Market Size Forecast by Applications
13.10.1 High Average Power Laser Solid State Laser
13.10.2 Laser Material Processing
13.10.3 Laser Range Finder
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 Neodymium-Doped Phosphate Glass (Nd Glass) Market: Competitive Dashboard
14.2 Global Neodymium-Doped Phosphate Glass (Nd Glass) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lasertec
14.3.2 Shanghai Institute of Optics and Fine Mechanics (SIOM)
14.3.3 Advatech
14.3.4 FOCtek
14.3.5 PI-KEM
