Market Overview:
The global new materials for laser 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 high-intensity laser platforms and optical components across different applications. In addition, the growing use of lasers in military applications is also contributing to the growth of this market. North America dominates the global new materials for laser crystals market, followed by Europe and Asia Pacific.
Product Definition:
New materials for laser crystals are important because they can improve the performance of lasers. New materials can have different optical properties than existing materials, which can lead to improved laser performance. Additionally, new materials may be more resistant to damage and degradation, which can prolong the lifetime of lasers.
Solid-State Materials:
Solid-state materials are a class of new materials that do not exist in nature. They have unique properties such as high thermal stability, superconductivity and ferromagnetism which make them useful for various applications. The most important application is the development of lasers which has revolutionized modern technologies such as biotechnology, information technology and telecommunications.
Liquid-State Materials:
Liquid-state materials are a class of new materials that can be made to exist in both solid and liquid states. They have properties of both gases and liquids, but at the same time they are very different from either one. For example, when in a liquid state, they will flow like a liquid; however, if placed in an open container it will quickly turn into a solid block as soon as it cools down.
Application Insights:
The global new materials for laser crystals market, by application, is segmented into high-intensity laser platforms, optical components, military & defense applications and others. The other applications include electronics & optoelectronics and medical uses. The optical component segment dominated the overall application market in 2017 owing to the increasing demand for highly efficient lasers across a wide range of applications such as barcode/QR code scanners and CD/DVD drives.
High-intensity laser platform (HLLP) emerged as one of the major segments over the past few years owing to its rising usage in various industrial sectors such as automotive manufacturing and packaging among others. New materials are continuously being developed that can withstand harsh environments resulting from exposure to extreme temperatures along with continuous operation at high speeds during HLLP production processes.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to rapid industrialization and increasing adoption of laser technologies. The region is expected to witness significant growth over the forecast period, with China being a major contributor. Factors such as low labor cost, availability of raw materials, and high demand-supply gap in manufacturing are anticipated to drive regional growth.
The Asia Pacific has been witnessing strong economic growth since 2010 due to an upsurge in manufacturing activities across various industries including automotive, electronics & electrical equipment, pharmaceuticals & healthcare products among others.
Growth Factors:
- Increasing demand for laser crystals in various industrial and commercial applications is expected to drive the market growth.
- Proliferation of new technologies such as fiber lasers, quantum cascade lasers, and semiconductor lasers is anticipated to create opportunities for laser crystal manufacturers.
- Growing demand from the medical sector for use in surgeries and diagnostics is projected to boost the market growth over the forecast period.
- Rising investments by governments worldwide for development of new materials research is expected to provide impetus to the market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
New Materials for Laser Crystals Market Research Report
By Type
Solid-State Materials, Liquid-State Materials
By Application
High-intensity Laser Platforms, Optical Components, Military, Others
By Companies
Northrop Grumman, EKSMA OPTICS, Kentek Laser, Altechna, Hellma Materials, LAS Photonics, JIEPU TREND, Wuhan Syntony Laser, CASTECH, Fuzhou Hundreds Optics, Northrop Grumman
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global New Materials for Laser Crystals Market Report Segments:
The global New Materials for Laser Crystals market is segmented on the basis of:
Types
Solid-State Materials, Liquid-State Materials
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-intensity Laser Platforms, Optical Components, Military, 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:
- Northrop Grumman
- EKSMA OPTICS
- Kentek Laser
- Altechna
- Hellma Materials
- LAS Photonics
- JIEPU TREND
- Wuhan Syntony Laser
- CASTECH
- Fuzhou Hundreds Optics
- Northrop Grumman
Highlights of The New Materials for Laser 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:
- Solid-State Materials
- Liquid-State Materials
- By Application:
- High-intensity Laser Platforms
- Optical Components
- Military
- 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 New Materials for Laser 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?
New materials for laser crystals are being developed to improve the performance of lasers. These new materials can help reduce the amount of energy needed to produce a laser beam, which could make lasers more efficient and less expensive to use.
Some of the major companies in the new materials for laser crystals market are Northrop Grumman, EKSMA OPTICS, Kentek Laser, Altechna, Hellma Materials, LAS Photonics, JIEPU TREND, Wuhan Syntony Laser, CASTECH, Fuzhou Hundreds Optics, Northrop Grumman.
The new materials for laser crystals 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 New Materials for Laser 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 New Materials for Laser Crystals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 New Materials for Laser 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 New Materials for Laser 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 New Materials for Laser Crystals Market Size & Forecast, 2020-2028
4.5.1 New Materials for Laser Crystals Market Size and Y-o-Y Growth
4.5.2 New Materials for Laser Crystals 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 Solid-State Materials
5.2.2 Liquid-State Materials
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 High-intensity Laser Platforms
6.2.2 Optical Components
6.2.3 Military
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global New Materials for Laser 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 New Materials for Laser 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 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 Solid-State Materials
9.6.2 Liquid-State Materials
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 High-intensity Laser Platforms
9.10.2 Optical Components
9.10.3 Military
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 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 Solid-State Materials
10.6.2 Liquid-State Materials
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 High-intensity Laser Platforms
10.10.2 Optical Components
10.10.3 Military
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 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 Solid-State Materials
11.6.2 Liquid-State Materials
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 High-intensity Laser Platforms
11.10.2 Optical Components
11.10.3 Military
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 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 Solid-State Materials
12.6.2 Liquid-State Materials
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 High-intensity Laser Platforms
12.10.2 Optical Components
12.10.3 Military
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) 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 Solid-State Materials
13.6.2 Liquid-State Materials
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 High-intensity Laser Platforms
13.10.2 Optical Components
13.10.3 Military
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 New Materials for Laser Crystals Market: Competitive Dashboard
14.2 Global New Materials for Laser Crystals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Northrop Grumman
14.3.2 EKSMA OPTICS
14.3.3 Kentek Laser
14.3.4 Altechna
14.3.5 Hellma Materials
14.3.6 LAS Photonics
14.3.7 JIEPU TREND
14.3.8 Wuhan Syntony Laser
14.3.9 CASTECH
14.3.10 Fuzhou Hundreds Optics
14.3.11 Northrop Grumman
