Market Overview:
The global ytterbium-doped yttrium aluminum garnet (Yb:YAG) crystal market is expected to register a CAGR of 5.8% during the forecast period, 2018–2030. The market growth can be attributed to the increasing demand for medical applications and growing industrial applications across the globe. In terms of volume, the global ytterbium-doped yttrium aluminum garnet (Yb:YAG) crystal market is projected to reach 1,023 KT by 2030. Based on type, the Yb doping concentration 10% segment is estimated to account for a major share of the global ytterbium-doped yttrium aluminum garnet (YB: YAG) crystal market in 2018. This segment is expected to grow at a CAGR of 6%, owing to its high demand from medical and industrial applications across different regions. By application, medical application segment accounted for majority share in 2017 and is projected grow at highest CAGR over next few years due rising geriatric population coupled with technological advancements in healthcare sector .
 Crystal Industry Outlook.svg)
Product Definition:
A ytterbium-doped yttrium aluminum garnet crystal is a type of optical crystal that is used in lasers. It is important because it can be used to generate powerful laser beams with short pulse durations.
Yb Doping Concentration 5%:
The global Yb:YAG crystal market size was valued at USD 8.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for laser material from end-use industries such as medical, electronics, and dentistry among others.
Laser material finds application in various sectors including dental industry wherein it is used for tooth restoration process along with ophthalmic surgeries.
Yb Doping Concentration 10%:
The global Yb:YAG crystal market size was valued at USD 8.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing popularity of laser dentistry on account of its ability to provide painless procedures, high efficacy, and low risk is one of the key factors driving growth in this sector.
Application Insights:
The application of yttrium aluminum garnet crystal in various fields such as medical, industry, military, scientific research and others is anticipated to witness significant growth over the forecast period. The key factors driving the demand include high efficiency and unique properties of YAG that make it a favorable material for applications in laser technology.
Medical was the largest application segment with a market share of more than 40% in 2017 owing to its wide range of applications including dental surgery, ophthalmic surgery and surgical procedures involving tissue ablation or removal. Moreover, increasing R&D activities on new uses for YAG is expected to fuel product demand over the coming years.
Industry emerged as one of the major end-use markets for ytterbium-doped yttrium aluminum garnet (YAG) crystals due to rising use in manufacturing components such as optical fiber amplifiers.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The growth can be attributed to the presence of a large number of industry players and high adoption rate for advanced technology. In addition, increasing demand for laser products from various end-use industries is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to rapid industrialization and growing medical tourism sector in countries such as Japan, China, India, Australia and New Zealand (JINYA). Moreover, rising disposable income coupled with improving healthcare infrastructure will boost product demand across several applications including dentistry and medicine during this period.
Growth Factors:
- Increasing demand for laser systems in defense and commercial applications
- Rising demand for optical fiber communication systems
- Growing use of Yb:YAG crystals in medical applications
- Technological advancements in laser technology
- Rising demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Research Report
By Type
Yb Doping Concentration 5%, Yb Doping Concentration 10%, Yb Doping Concentration 15%, Others
By Application
Medical, Industry, Military, Scientific Research, Others
By Companies
JG InterNational, Altechna, Optogama, CASTECH, Lasertec, Laserton, Beijing Jiepu Trend, ALPHALAS, HG Optronics, Yong Hee Photonics, FLIR Systems, Electro-Optics Technology (EOT), Red Optronics
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Report Segments:
The global Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal market is segmented on the basis of:
Types
Yb Doping Concentration 5%, Yb Doping Concentration 10%, Yb Doping Concentration 15%, 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
Medical, Industry, Military, Scientific Research, 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
- Optogama
- CASTECH
- Lasertec
- Laserton
- Beijing Jiepu Trend
- ALPHALAS
- HG Optronics
- Yong Hee Photonics
- FLIR Systems
- Electro-Optics Technology (EOT)
- Red Optronics
 Crystal Market Overview.svg)
Highlights of The Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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:
- Yb Doping Concentration 5%
- Yb Doping Concentration 10%
- Yb Doping Concentration 15%
- Others
- By Application:
- Medical
- Industry
- Military
- Scientific Research
- 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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?
Ytterbium-doped yttrium aluminum garnet (Yb:YAG) crystals are materials that have been doped with yttrium to improve their optical properties. These crystals can be used in various applications, such as lasers and light sources.
Some of the major companies in the ytterbium-doped yttrium aluminum garnet (yb:yag) crystal market are JG InterNational, Altechna, Optogama, CASTECH, Lasertec, Laserton, Beijing Jiepu Trend, ALPHALAS, HG Optronics, Yong Hee Photonics, FLIR Systems, Electro-Optics Technology (EOT), Red Optronics.
The ytterbium-doped yttrium aluminum garnet (yb:yag) crystal market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size & Forecast, 2018-2028
4.5.1 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size and Y-o-Y Growth
4.5.2 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Absolute $ Opportunity
Chapter 5 Global Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Type
5.2.1 Yb Doping Concentration 5%
5.2.2 Yb Doping Concentration 10%
5.2.3 Yb Doping Concentration 15%
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Industry
6.2.3 Military
6.2.4 Scientific Research
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Analysis and Forecast
9.1 Introduction
9.2 North America Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Type
9.6.1 Yb Doping Concentration 5%
9.6.2 Yb Doping Concentration 10%
9.6.3 Yb Doping Concentration 15%
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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Industry
9.10.3 Military
9.10.4 Scientific Research
9.10.5 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Analysis and Forecast
10.1 Introduction
10.2 Europe Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Type
10.6.1 Yb Doping Concentration 5%
10.6.2 Yb Doping Concentration 10%
10.6.3 Yb Doping Concentration 15%
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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Industry
10.10.3 Military
10.10.4 Scientific Research
10.10.5 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Type
11.6.1 Yb Doping Concentration 5%
11.6.2 Yb Doping Concentration 10%
11.6.3 Yb Doping Concentration 15%
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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Industry
11.10.3 Military
11.10.4 Scientific Research
11.10.5 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Analysis and Forecast
12.1 Introduction
12.2 Latin America Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Type
12.6.1 Yb Doping Concentration 5%
12.6.2 Yb Doping Concentration 10%
12.6.3 Yb Doping Concentration 15%
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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Industry
12.10.3 Military
12.10.4 Scientific Research
12.10.5 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) Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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) Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Type
13.6.1 Yb Doping Concentration 5%
13.6.2 Yb Doping Concentration 10%
13.6.3 Yb Doping Concentration 15%
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) Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Industry
13.10.3 Military
13.10.4 Scientific Research
13.10.5 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 Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) Crystal Market: Competitive Dashboard
14.2 Global Ytterbium-Doped Yttrium Aluminum Garnet (Yb:YAG) 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 Optogama
14.3.4 CASTECH
14.3.5 Lasertec
14.3.6 Laserton
14.3.7 Beijing Jiepu Trend
14.3.8 ALPHALAS
14.3.9 HG Optronics
14.3.10 Yong Hee Photonics
14.3.11 FLIR Systems
14.3.12 Electro-Optics Technology (EOT)
14.3.13 Red Optronics
