Market Overview:
The global yttrium silicate lutetium (LYSO) market is expected to register a CAGR of xx% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for high energy physics and nuclear energy applications. Additionally, the growing medical care sector is also anticipated to boost the demand for LYSO in the coming years. On the basis of type, crystal segment is expected to account for a major share of the global yttrium silicate lutetium (LYSO) market in 2018. This can be attributed to its superior optical properties and wide range of applications in various end-use industries. Array segment is projected to grow at a higher CAGR during the forecast period owing to its growing demand from high energy physics and nuclear energy applications. Regionally, North America accounted for majority share of global yttrium silicate lutetium (LYSO) market in 2017 and it is anticipated that this trend will continue during forecast period as well.
 Industry Outlook.svg)
Product Definition:
A crystal lattice structure that is composed of yttrium oxide (Y2O3) and silicon dioxide (SiO2). It has a chemical formula of YSiO3 and is used as a scintillator for x-ray detection.
Crystal:
Lutetium yttrium oxide is a mineral that contains both lutetium and yttrium. It occurs in various colors such as yellow, brown, red, green and blue. Lutetia is the Latin word for Paris; the city where France’s national museum of Natural history (Muséum national d'Histoire naturelle) is located.
Array:
The global array market size was valued at USD 2.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Increasing R&D activities by various companies for developing new applications of these products is likely to augment product demand over the coming years.
Application Insights:
High energy physics was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Yttrium silicate lutetium is used in high energy physics for colliding beams experiments as it provides a low-dispersive optical window, which helps in observing subatomic particles. The product also finds applications in nuclear energy as it improves the performance of fuels rods by increasing their efficiency. It reduces fuel costs by reducing maintenance costs on fuel elements and reactors, thereby making nuclear power cheaper than other sources of electricity generation such as coal or gas plants.
The medical care segment held a significant share of 6% globally owing to yttrium silicate lutetium¢â‚¬â„¢s use for imaging patients with cancerous tumors at an early stage so that treatment can start before they spread outside the body¢â‚¬â„¢s cells or organs become too damaged to function normally anymore.
Regional Analysis:
North America dominated the global yttrium silicate lutetium market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major nuclear research facilities and high energy physics laboratories, which are using LYSO for manufacturing yttria-stabilized zirconia (YSZ) crystals for nuclear reactors as well as particle accelerators used for scientific research and medical diagnosis. The U.S.
Asia Pacific region is expected to witness lucrative growth opportunities due to rising investments by foreign players coupled with favorable government policies aimed at promoting industrial development across various sectors including semiconductors, healthcare & life sciences, nanotechnology & materials science that require high-purity YSZ products manufactured using low-cost LYSO resources from China and India.
Growth Factors:
- Increasing demand from the optoelectronics and laser industries:
- 5% from 2016 to 2020, reaching a value of USD 128.8 billion by 2020. This growth can be attributed to the increasing demand for miniaturized and energy-efficient devices across different applications such as consumer electronics, telecommunications, automotive, healthcare, and defense. Yttrium silicate lutetium is used in various optical components such as lenses, prisms, mirrors, windows etc., owing to its excellent optical properties such as high transmission over a wide range of wavelengths and low absorption losses. Thus, the increasing demand for optoelectronic devices is expected to drive the growth of the yttrium silicate lutetium market during the forecast period
- Rising investments in research & development (R&D) activities:
- 9 trillion by 2020 according To The Global Innovation Index (GII) 2016 rankings released by Cornell University’s INSEAD Business School In partnership with World Intellectual Property Organization (WIPO), UNCTAD And The Confederation Of Indian Industry (CII). Yttrium Silicate Lutetium finds application in various advanced technologies such as fiber lasers which are being increasingly adopted for industrial applications on account of their high
Scope Of The Report
Report Attributes
Report Details
Report Title
Yttrium Silicate Lutetium(LYSO) Market Research Report
By Type
Crystal, Array
By Application
High Energy Physics, Nuclear Energy, Medical Care, Others
By Companies
Dynasil, CETC, AMERICAN ELEMENTS, EPIC Crystal, DJ Laser, Suzhou Jtcrystal Co, Sichuan Santai Quatz Crystal Electronics Co, Hangzhou Freqcontrol Electronic Technology Ltd, Shanghai X-LUM Optoelectronics Ltd, Stanford Advanced Materials
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Yttrium Silicate Lutetium(LYSO) Market Report Segments:
The global Yttrium Silicate Lutetium(LYSO) market is segmented on the basis of:
Types
Crystal, Array
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 Energy Physics, Nuclear Energy, Medical Care, 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:
- Dynasil
- CETC
- AMERICAN ELEMENTS
- EPIC Crystal
- DJ Laser
- Suzhou Jtcrystal Co
- Sichuan Santai Quatz Crystal Electronics Co
- Hangzhou Freqcontrol Electronic Technology Ltd
- Shanghai X-LUM Optoelectronics Ltd
- Stanford Advanced Materials
 Market Overview.svg)
Highlights of The Yttrium Silicate Lutetium(LYSO) 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:
- Crystal
- Array
- By Application:
- High Energy Physics
- Nuclear Energy
- Medical Care
- 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 Yttrium Silicate Lutetium(LYSO) 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
 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?
Yttrium silicate lutetium is a white, crystalline powder that is used in various industrial and scientific applications. It has a high melting point and low reactivity, making it an ideal material for use in heat-sensitive applications.
Some of the major players in the yttrium silicate lutetium(lyso) market are Dynasil, CETC, AMERICAN ELEMENTS, EPIC Crystal, DJ Laser, Suzhou Jtcrystal Co, Sichuan Santai Quatz Crystal Electronics Co, Hangzhou Freqcontrol Electronic Technology Ltd, Shanghai X-LUM Optoelectronics Ltd, Stanford Advanced Materials.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) Market Size & Forecast, 2018-2028
4.5.1 Yttrium Silicate Lutetium(LYSO) Market Size and Y-o-Y Growth
4.5.2 Yttrium Silicate Lutetium(LYSO) Market Absolute $ Opportunity
Chapter 5 Global Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Type
5.2.1 Crystal
5.2.2 Array
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Applications
6.2.1 High Energy Physics
6.2.2 Nuclear Energy
6.2.3 Medical Care
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) Analysis and Forecast
9.1 Introduction
9.2 North America Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Type
9.6.1 Crystal
9.6.2 Array
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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Applications
9.10.1 High Energy Physics
9.10.2 Nuclear Energy
9.10.3 Medical Care
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 Yttrium Silicate Lutetium(LYSO) Analysis and Forecast
10.1 Introduction
10.2 Europe Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Type
10.6.1 Crystal
10.6.2 Array
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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Applications
10.10.1 High Energy Physics
10.10.2 Nuclear Energy
10.10.3 Medical Care
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 Yttrium Silicate Lutetium(LYSO) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Type
11.6.1 Crystal
11.6.2 Array
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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Applications
11.10.1 High Energy Physics
11.10.2 Nuclear Energy
11.10.3 Medical Care
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 Yttrium Silicate Lutetium(LYSO) Analysis and Forecast
12.1 Introduction
12.2 Latin America Yttrium Silicate Lutetium(LYSO) 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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Type
12.6.1 Crystal
12.6.2 Array
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 Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Applications
12.10.1 High Energy Physics
12.10.2 Nuclear Energy
12.10.3 Medical Care
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) Yttrium Silicate Lutetium(LYSO) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Yttrium Silicate Lutetium(LYSO) 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) Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Type
13.6.1 Crystal
13.6.2 Array
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) Yttrium Silicate Lutetium(LYSO) Market Size Forecast by Applications
13.10.1 High Energy Physics
13.10.2 Nuclear Energy
13.10.3 Medical Care
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 Yttrium Silicate Lutetium(LYSO) Market: Competitive Dashboard
14.2 Global Yttrium Silicate Lutetium(LYSO) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dynasil
14.3.2 CETC
14.3.3 AMERICAN ELEMENTS
14.3.4 EPIC Crystal
14.3.5 DJ Laser
14.3.6 Suzhou Jtcrystal Co
14.3.7 Sichuan Santai Quatz Crystal Electronics Co
14.3.8 Hangzhou Freqcontrol Electronic Technology Ltd
14.3.9 Shanghai X-LUM Optoelectronics Ltd
14.3.10 Stanford Advanced Materials
