Market Overview:
The global Terbium Scandium Aluminum Garnet (TSAG) crystal market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The TSAG crystal is used in various applications such as Faraday rotators, optical isolators, and others. The growth of the global TSAG crystal market can be attributed to the increasing demand for Faraday rotators and optical isolators from the telecom and datacom industries. Additionally, rising demand for TSAG crystals from other industrial sectors such as medical devices, sensors, and lasers is also propelling the growth of this market.
Product Definition:
Terbium Scandium Aluminum Garnet (TSAG) Crystal is a synthetic crystal which has a rare earth element, Terbium, as the central atom. It is used in optical devices such as lasers and amplifiers.
Slab:
Slab is a term used for the portion of the earth's crust and/or upper mantle that lies beneath the surface of the ground. The amount of slab present affects various properties such as permeability, electrical resistivity, heat capacity, and fluid flow in terms of hydrology engineering.
Cylinder:
Cylinder is a closed shape made up of metal and is used in TSAG production. The most commonly used metal for making cylinders are tungsten, molybdenum, and rhenium. Cylinders have different shapes depending on the application it serves such as optical properties, electrical properties, mechanical properties among others.
Application Insights:
The others application segment accounted for the largest market share in 2017 and is anticipated to witness significant growth over the forecast period. The TSAG crystal finds applications in various electrical & electronics components such as power supplies, switches, sensors, and generators. Optical isolators are used to improve performance of laser devices by reducing their interaction with other optical systems.
The faraday rotator application segment is expected to register a CAGR of XX% from 2018 to 2030 owing to increasing usage of these products in electronic devices that require magnetic shielding. These crystals provide high permeability which results in efficient faraday rotation with low eddy current losses which makes it suitable for use in electric motors & generators as well as transformers.
Regional Analysis:
Asia Pacific dominated the global terbium scandium aluminum garnet crystal market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as electrical & electronics, medical, military & aerospace. In addition, increasing government investments in infrastructure development are anticipated to drive the regional market further.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% in 2016 owing to high production volume and growing demand from end-use industries such as electrical & electronics and medical devices. The Middle East is also expected to witness significant growth due North African markets that have been experiencing turmoil since 2011 when civil war broke out between rebels and government forces across several countries including Libya, Mali, Algeria etc.
Growth Factors:
- Increasing demand from the optoelectronics and laser industries: The demand for TSAG crystals is expected to increase in the optoelectronics and laser industries due to their unique optical properties.
- Growing popularity of fiber lasers: Fiber lasers are becoming increasingly popular due to their high efficiency and low cost of ownership. This is expected to drive the demand for TSAG crystals in the near future.
- Rising investments in R&D: There has been a significant rise in investments made in R&D for developing new applications of TSAG crystals, which is likely to boost the market growth over the next few years.
- Technological advancements: With technological advancements, there has been an increase in adoption of TSAG crystals across various end-use applications, thereby propelling market growth further. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Research Report
By Type
Slab, Cylinder, Others
By Application
Faraday Rotator, Optical Isolator, Others
By Companies
CASTECH, OXIDE, Shanghai Institute of Optics and Fine Mechanics (SIOM), Stanford Advanced Materials (SAM), Crystro, DIEN TECH
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Report Segments:
The global Terbium Scandium Aluminum Garnet (TSAG) Crystal market is segmented on the basis of:
Types
Slab, Cylinder, 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
Faraday Rotator, Optical Isolator, 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:
- CASTECH
- OXIDE
- Shanghai Institute of Optics and Fine Mechanics (SIOM)
- Stanford Advanced Materials (SAM)
- Crystro
- DIEN TECH
Highlights of The Terbium Scandium Aluminum Garnet (TSAG) 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:
- Slab
- Cylinder
- Others
- By Application:
- Faraday Rotator
- Optical Isolator
- 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 Terbium Scandium Aluminum Garnet (TSAG) 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.
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- Correctly Positioning New Products
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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?
TSAG is a type of crystal that is made up of terbium and Scandium. These elements are combined to create a crystal that has properties that make it ideal for use in electronics and other electronic devices.
Some of the key players operating in the terbium scandium aluminum garnet (tsag) crystal market are CASTECH, OXIDE, Shanghai Institute of Optics and Fine Mechanics (SIOM), Stanford Advanced Materials (SAM), Crystro, DIEN TECH.
The terbium scandium aluminum garnet (tsag) 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 Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size & Forecast, 2018-2028 4.5.1 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size and Y-o-Y Growth 4.5.2 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Absolute $ Opportunity
Chapter 5 Global Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Type
5.2.1 Slab
5.2.2 Cylinder
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Applications
6.2.1 Faraday Rotator
6.2.2 Optical Isolator
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Analysis and Forecast
9.1 Introduction
9.2 North America Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Type
9.6.1 Slab
9.6.2 Cylinder
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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Applications
9.10.1 Faraday Rotator
9.10.2 Optical Isolator
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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Analysis and Forecast
10.1 Introduction
10.2 Europe Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Type
10.6.1 Slab
10.6.2 Cylinder
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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Applications
10.10.1 Faraday Rotator
10.10.2 Optical Isolator
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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Type
11.6.1 Slab
11.6.2 Cylinder
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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Applications
11.10.1 Faraday Rotator
11.10.2 Optical Isolator
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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Analysis and Forecast
12.1 Introduction
12.2 Latin America Terbium Scandium Aluminum Garnet (TSAG) 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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Type
12.6.1 Slab
12.6.2 Cylinder
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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Applications
12.10.1 Faraday Rotator
12.10.2 Optical Isolator
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) Terbium Scandium Aluminum Garnet (TSAG) Crystal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Terbium Scandium Aluminum Garnet (TSAG) 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) Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Type
13.6.1 Slab
13.6.2 Cylinder
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) Terbium Scandium Aluminum Garnet (TSAG) Crystal Market Size Forecast by Applications
13.10.1 Faraday Rotator
13.10.2 Optical Isolator
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 Terbium Scandium Aluminum Garnet (TSAG) Crystal Market: Competitive Dashboard
14.2 Global Terbium Scandium Aluminum Garnet (TSAG) Crystal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CASTECH
14.3.2 OXIDE
14.3.3 Shanghai Institute of Optics and Fine Mechanics (SIOM)
14.3.4 Stanford Advanced Materials (SAM)
14.3.5 Crystro
14.3.6 DIEN TECH