Market Overview:
The Global Yttria Aluminia Garnet (YAG) Market is expected to grow at a CAGR of xx% from 2018 to 2030. The market growth factors include the increasing demand for medical applications, growing industrial sector, and rising scientific research activities. The global yttria aluminia garnet (YAG) market is segmented by type and application. By type, the market is divided into undoped yttria aluminia garnet and doped yttria aluminia garnet. The medical application segment dominates the global yttria aluminia garnet (YAG) market owing to its high usage in various surgical procedures. In terms of geography, North America leads the global yttria aluminia garnet (YAG) market followed by Europe and Asia Pacific.
Product Definition:
A synthetic gemstone made from yttrium aluminum garnet (YAG) is used in jewelry and as a gemstone. It is also cut into small facets and used in watches, instruments, and other optical applications.
Undoped Yttria Aluminia Garnet:
The global undoped Yttria Aluminia Garnet, also known as un-doped YAG, is a transparent ceramic material with high thermal stability. It has applications in electronics and optoelectronics industries owing to its superior heat resistance property. Un-doped YAG is used for producing infrared optical windows and lenses which are widely used in the defense industry for night vision devices.
Doped Yttria Aluminia Garnet:
Doped Yttria Aluminia Garnet (DYAG) is a ceramic material, which has an excellent resistance to corrosion and thermal shock. It is also resistant to acids and bases. Doped Yttria Aluminia Garnet has applications in medical devices, aerospace equipment, automotive parts due to its high strength properties.
The global Doped Yttria Aluminia Garnet market size was valued at USD 11.5 million in 2016.
Application Insights:
The application segment includes medical, industry, scientific research, military and others. In terms of revenue the medical application dominated the global market with a share of over 40% in 2017. The growth is attributed to increasing applications in dental surgery and optometry. Rising geriatric population prone to periodontal diseases is also expected to contribute towards high product demand globally over the forecast period.
YAG has wide applications across different industries including aerospace & defense, construction materials and tools manufacturing as well as electronics & semiconductor among others owing to its superior properties such as high strength-to-weight ratio which makes it suitable for use in aircraft structural components during World War II by using Yttria Alumina Garnet (YAG) produced from aluminia metal according to specific recipes developed by Dr¢â‚¬â„¢s Lab.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The growth can be attributed to rising demand for YAG doped yttria aluminia garnet from various end-use industries such as aerospace, automotive, electronics and others. In North America, the U.S.
Growth Factors:
- Increasing demand for YAG from the optoelectronics and laser industries as a result of its superior optical properties.
- Growing popularity of YAG in jewelry and other decorative applications due to its attractive appearance and durability.
- Rising demand for YAG from the medical industry as a replacement for traditional surgical tools such as scalpels and bone saws.
- increasing use of yttria alumina garnet (YAG) in automotive manufacturing due to its ability to withstand high temperatures without corroding or fading.
Scope Of The Report
Report Attributes
Report Details
Report Title
Yttria Aluminia Garnet (YAG) Market Research Report
By Type
Undoped Yttria Aluminia Garnet, Doped Yttria Aluminia Garnet
By Application
Medical, Industry, Scientific Research, Military, Others
By Companies
American Elements, Korth Kristalle GmbH, Northrop Grumman, Saint-Gobain, Monocrystal, II-VI Optical Systems, Crystaltechno, Beijing Saivendor Technology, American Elements
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Yttria Aluminia Garnet (YAG) Market Report Segments:
The global Yttria Aluminia Garnet (YAG) market is segmented on the basis of:
Types
Undoped Yttria Aluminia Garnet, Doped Yttria Aluminia Garnet
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, Scientific Research, 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:
- American Elements
- Korth Kristalle GmbH
- Northrop Grumman
- Saint-Gobain
- Monocrystal
- II-VI Optical Systems
- Crystaltechno
- Beijing Saivendor Technology
- American Elements
Highlights of The Yttria Aluminia Garnet (YAG) 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:
- Undoped Yttria Aluminia Garnet
- Doped Yttria Aluminia Garnet
- By Application:
- Medical
- Industry
- Scientific Research
- 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 Yttria Aluminia Garnet (YAG) 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
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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?
Yttria Aluminia Garnet (YAG) is a type of garnet that is made from aluminum oxide. It has a deep red color and is often used in jewelry because of its beautiful color and high quality.
Some of the key players operating in the yttria aluminia garnet (yag) market are American Elements, Korth Kristalle GmbH, Northrop Grumman, Saint-Gobain, Monocrystal, II-VI Optical Systems, Crystaltechno, Beijing Saivendor Technology, American Elements.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Yttria Aluminia Garnet (YAG) 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 Yttria Aluminia Garnet (YAG) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Yttria Aluminia Garnet (YAG) 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 Yttria Aluminia Garnet (YAG) 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 Yttria Aluminia Garnet (YAG) Market Size & Forecast, 2020-2028 4.5.1 Yttria Aluminia Garnet (YAG) Market Size and Y-o-Y Growth 4.5.2 Yttria Aluminia Garnet (YAG) 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 Undoped Yttria Aluminia Garnet
5.2.2 Doped Yttria Aluminia Garnet
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 Medical
6.2.2 Industry
6.2.3 Scientific Research
6.2.4 Military
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Yttria Aluminia Garnet (YAG) 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 Yttria Aluminia Garnet (YAG) 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 Undoped Yttria Aluminia Garnet
9.6.2 Doped Yttria Aluminia Garnet
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 Medical
9.10.2 Industry
9.10.3 Scientific Research
9.10.4 Military
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 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 Undoped Yttria Aluminia Garnet
10.6.2 Doped Yttria Aluminia Garnet
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 Medical
10.10.2 Industry
10.10.3 Scientific Research
10.10.4 Military
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 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 Undoped Yttria Aluminia Garnet
11.6.2 Doped Yttria Aluminia Garnet
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 Medical
11.10.2 Industry
11.10.3 Scientific Research
11.10.4 Military
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 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 Undoped Yttria Aluminia Garnet
12.6.2 Doped Yttria Aluminia Garnet
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 Medical
12.10.2 Industry
12.10.3 Scientific Research
12.10.4 Military
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) 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 Undoped Yttria Aluminia Garnet
13.6.2 Doped Yttria Aluminia Garnet
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 Medical
13.10.2 Industry
13.10.3 Scientific Research
13.10.4 Military
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 Yttria Aluminia Garnet (YAG) Market: Competitive Dashboard
14.2 Global Yttria Aluminia Garnet (YAG) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 Korth Kristalle GmbH
14.3.3 Northrop Grumman
14.3.4 Saint-Gobain
14.3.5 Monocrystal
14.3.6 II-VI Optical Systems
14.3.7 Crystaltechno
14.3.8 Beijing Saivendor Technology
14.3.9 American Elements