Market Overview:
The global neodymium-doped yttrium vanadate (Nd:YVO4) crystal market is expected to register a CAGR of 6.5% during the forecast period, 2018–2030. The growth in the market can be attributed to the increasing demand for Nd:YVO4 crystals from various applications, such as machining, spectroscopy, wafer inspection, medical diagnostics and laser printing. In addition, rising demand for Nd:YVO4 crystals from emerging economies is also contributing to the growth of this market. However, availability of substitutes may hamper the growth of this market in some regions during the forecast period. Based on type, the global neodymium-doped yttrium vanadate (Nd:YVO4) crystal market has been segmented into Nd doping concentration 0.5%, Nd doping concentration 1%, ND doping concentration 2% and others segments. Among these types, Nddoping concentration 1% held a major share in 2017 and is expected to dominate throughout the forecast period owing to its superior properties as compared with other types of dopants used in YVO 4 crystals .
 Crystal Industry Outlook.svg)
Product Definition:
A neodymium-doped yttrium vanadate (Nd:YVO4) crystal is a type of laser crystal that can be used to produce powerful, high-quality lasers. These crystals are important for many commercial and industrial applications, including manufacturing, telecommunications, and medical treatments.
Nd Doping Concentration 0.5%:
Nd doping concentration 0.5% is a mixture of neodymium and yttrium, used as a source of rare earth ions for ceramics and glass industries. The product has the ability to improve the hardness, rigidity, strength, density and thermal conductivity of products made from materials such as zirconia (TZP), alumina (Al2O3) or silica (SiO2).
Nd Doping Concentration 1%:
Nd doping concentration 1% is a new term in the neodymium-doped yttrium vanadate (Nd:YVO4) crystal market. It was created to define a standard by which all Nd:YVO4 producers can measure and control their production. The main purpose of this standard is to make sure that every Nd:YVO4 product has the same quality characteristics, so that there are no differences between products produced by different manufacturers.
Application Insights:
Neodymium-doped yttrium vanadate (Nd:YVO4) crystal has applications in spectroscopy, machining, wafer inspection, medical diagnostics and laser printing. The use of neodymium-doped yttrium vanadate (Nd:YVO4) crystal for spectroscopy is witnessing significant growth due to its ability to provide a large dispersion of near infrared radiation. Neodymium doped YV crystals are used as a source for long range optical communication and remote sensing applications. The growing application scope of Nd:YVO4 crystals in the field of optics is expected to drive the global market over the forecast period.
The increasing demand for high precision components.
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 Molycorp, Inc.; Nyrt; and Toyota Tsusho Corporation based out of Japan, China, and India respectively. The region will retain its dominance throughout the forecast period owing to continuous technological advancements coupled with an increasing number of research centers engaged in developing advanced neodymium-based products for various applications.
The growth rate observed for this industry is higher than that predicted by macroeconomic models due to increased foreign investments along with rising government support aimed at boosting manufacturing activities across all sectors including semiconductors & electronics, automotive components & vehicles among others.
Growth Factors:
- Increasing demand for Nd:YVO4 crystals from the laser industry for use in high-power lasers and optical amplifiers
- Rising demand from the medical sector for use in radiation therapy and cancer treatment
- Growing popularity of Nd:YVO4 crystals in solid-state lighting applications
- Increasing research and development activities on Nd:YVO4 crystals across different industries
- Technological advancements that could lead to new applications of Nd:YVO4 crystals
Scope Of The Report
Report Attributes
Report Details
Report Title
Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market Research Report
By Type
Nd Doping Concentration 0.5%, Nd Doping Concentration 1%, Nd Doping Concentration 2%, Others
By Application
Machining, Spectroscopy, Wafer Inspection, Medical Diagnostics, Laser Printing, Others
By Companies
JG InterNational, Altechna, CASTECH, Crystech, Optogama, Lasertec, Laserton, Beijing Jiepu Trend, Fabrinet, ALPHALAS, HG Optronics, Yong Hee Photonics
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market Report Segments:
The global Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal market is segmented on the basis of:
Types
Nd Doping Concentration 0.5%, Nd Doping Concentration 1%, Nd Doping Concentration 2%, 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
Machining, Spectroscopy, Wafer Inspection, Medical Diagnostics, Laser Printing, 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:
- JG InterNational
- Altechna
- CASTECH
- Crystech
- Optogama
- Lasertec
- Laserton
- Beijing Jiepu Trend
- Fabrinet
- ALPHALAS
- HG Optronics
- Yong Hee Photonics
 Crystal Market Overview.svg)
Highlights of The Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 0.5%
- Nd Doping Concentration 1%
- Nd Doping Concentration 2%
- Others
- By Application:
- Machining
- Spectroscopy
- Wafer Inspection
- Medical Diagnostics
- Laser Printing
- 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 Yttrium Vanadate (Nd:YVO4) Crystal 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
 Crystal Market Statistics.svg)
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 yttrium vanadate crystals are materials that have been treated with neodymium ions to increase their magnetic properties. These crystals can be used in applications such as hard drives, data storage devices, and magnets.
Some of the major players in the neodymium-doped yttrium vanadate (nd:yvo4) crystal market are JG InterNational, Altechna, CASTECH, Crystech, Optogama, Lasertec, Laserton, Beijing Jiepu Trend, Fabrinet, ALPHALAS, HG Optronics, Yong Hee Photonics.
The neodymium-doped yttrium vanadate (nd:yvo4) crystal 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 Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Market Size & Forecast, 2018-2028
4.5.1 Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market Size and Y-o-Y Growth
4.5.2 Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market Absolute $ Opportunity
Chapter 5 Global Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Type
5.2.1 Nd Doping Concentration 0.5%
5.2.2 Nd Doping Concentration 1%
5.2.3 Nd Doping Concentration 2%
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Applications
6.2.1 Machining
6.2.2 Spectroscopy
6.2.3 Wafer Inspection
6.2.4 Medical Diagnostics
6.2.5 Laser Printing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Analysis and Forecast
9.1 Introduction
9.2 North America Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Type
9.6.1 Nd Doping Concentration 0.5%
9.6.2 Nd Doping Concentration 1%
9.6.3 Nd Doping Concentration 2%
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 Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Applications
9.10.1 Machining
9.10.2 Spectroscopy
9.10.3 Wafer Inspection
9.10.4 Medical Diagnostics
9.10.5 Laser Printing
9.10.6 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 Yttrium Vanadate (Nd:YVO4) Crystal Analysis and Forecast
10.1 Introduction
10.2 Europe Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Type
10.6.1 Nd Doping Concentration 0.5%
10.6.2 Nd Doping Concentration 1%
10.6.3 Nd Doping Concentration 2%
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 Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Applications
10.10.1 Machining
10.10.2 Spectroscopy
10.10.3 Wafer Inspection
10.10.4 Medical Diagnostics
10.10.5 Laser Printing
10.10.6 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 Yttrium Vanadate (Nd:YVO4) Crystal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Type
11.6.1 Nd Doping Concentration 0.5%
11.6.2 Nd Doping Concentration 1%
11.6.3 Nd Doping Concentration 2%
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 Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Applications
11.10.1 Machining
11.10.2 Spectroscopy
11.10.3 Wafer Inspection
11.10.4 Medical Diagnostics
11.10.5 Laser Printing
11.10.6 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 Yttrium Vanadate (Nd:YVO4) Crystal Analysis and Forecast
12.1 Introduction
12.2 Latin America Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Type
12.6.1 Nd Doping Concentration 0.5%
12.6.2 Nd Doping Concentration 1%
12.6.3 Nd Doping Concentration 2%
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 Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Applications
12.10.1 Machining
12.10.2 Spectroscopy
12.10.3 Wafer Inspection
12.10.4 Medical Diagnostics
12.10.5 Laser Printing
12.10.6 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 Yttrium Vanadate (Nd:YVO4) Crystal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal 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 Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Type
13.6.1 Nd Doping Concentration 0.5%
13.6.2 Nd Doping Concentration 1%
13.6.3 Nd Doping Concentration 2%
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) Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market Size Forecast by Applications
13.10.1 Machining
13.10.2 Spectroscopy
13.10.3 Wafer Inspection
13.10.4 Medical Diagnostics
13.10.5 Laser Printing
13.10.6 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 Yttrium Vanadate (Nd:YVO4) Crystal Market: Competitive Dashboard
14.2 Global Neodymium-Doped Yttrium Vanadate (Nd:YVO4) Crystal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JG InterNational
14.3.2 Altechna
14.3.3 CASTECH
14.3.4 Crystech
14.3.5 Optogama
14.3.6 Lasertec
14.3.7 Laserton
14.3.8 Beijing Jiepu Trend
14.3.9 Fabrinet
14.3.10 ALPHALAS
14.3.11 HG Optronics
14.3.12 Yong Hee Photonics
