Market Overview:
The global lithium tantalate crystal 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 lithium tantalate crystals from various applications, such as surface acoustic wave (SAW), electro-optical, piezoelectric transducers, pyroelectric and other applications. In terms of type, the optical grade segment is expected to witness higher growth during the forecast period owing to its growing demand from various end-use industries. However, in terms of revenue share, the acoustic grade segment is expected to dominate the global lithium tantalate crystal market during 2018–2030.
Product Definition:
Lithium Tantalate is a crystal that is used in many different applications. It has a very high dielectric constant, which makes it ideal for use in capacitors. It is also used in sensors and as a substrate for laser diodes.
Acoustic Grade:
Acoustic grade is a material that has been processed and used in the manufacture of electronic devices such as microphones, speakers, headphones and other sound related equipment. The primary function of acoustic grade lithium tantalate crystal is to provide enhanced audio quality by increasing the output level without increasing the volume. It also helps to reduce background noise resulting in improved sound quality.
Optical Grade:
Optical grade is a term used for the quality of light that travels in a straight line. The optical grade can be changed by using filters, prisms or lenses. Optical grades are important factors to consider while selecting glass for LED manufacturing as different optical properties require different types of glasses.
The figure above represents an example of typical lithium tantalate crystal structure where each individual cube has two faces which are incident to the incoming light; one face is towards us.
Application Insights:
The other application segment includes the use of lithium tantalate crystal in batteries, consumer electronics, telecommunication and automotive. In the telecom sector, it is used as a substrate for making thin-film photovoltaic cells for power generation. In the automotive sector, it is used in airbag systems and infotainment systems among others. The surface acoustic wave application segment accounted for over 30% of market share in terms of revenue in 2017 owing to its increasing usage as an ultrasound transducer which helps detect heartbeats and sounds. It also has applications such as EO sensor array which uses EO sensors on top to measure distances between them using reflected waves or sound waves thus providing high accuracy distance measurement capability with low cost devices leading to increased demand over recent years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its lead over the forecast period owing to growing demand for consumer electronics, automobiles, and renewable energy storage devices. In addition, rising disposable income levels coupled with increased spending on luxury goods and vehicles are likely to augment lithium tantalate crystal demand in key markets including China and India.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% of the total revenue in 2017 owing to high product utilization across major economies such as Germany, France, Italy, U.K., Spain among others.
Growth Factors:
- Increasing demand for Lithium Tantalate Crystal in the optoelectronics industry for high-performance optical filters, sensors and modulators.
- Rising demand from the telecommunications sector for Lithium Tantalate Crystal as a key material in optical transceivers and switches.
- Growing use of Lithium Tantalate Crystals in medical imaging applications such as CT scans and MRI machines.
- Increasing adoption of Lithium Tantalate Crystals across automotive safety systems such as airbags, seatbelts and collision avoidance systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Tantalate Crystal Market Research Report
By Type
Acoustic Grade, Optical Grade, Other
By Application
Surface Acoustic Wave, Electro-Optical, Piezoelectric Transducers, Pyroelectric, Other
By Companies
Sumitomo Metal Mining, Shin-Etsu Chemical, Orient Tantalum Industry, Oxide Corporation, Korth Kristalle, SIOM, Castech, CETC, Crystalwise, Shanghai Dongcheng Electronic Materials, United Crystal, Dayoptics
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Tantalate Crystal Market Report Segments:
The global Lithium Tantalate Crystal market is segmented on the basis of:
Types
Acoustic Grade, Optical Grade, Other
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
Surface Acoustic Wave, Electro-Optical, Piezoelectric Transducers, Pyroelectric, Other
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:
- Sumitomo Metal Mining
- Shin-Etsu Chemical
- Orient Tantalum Industry
- Oxide Corporation
- Korth Kristalle
- SIOM
- Castech
- CETC
- Crystalwise
- Shanghai Dongcheng Electronic Materials
- United Crystal
- Dayoptics
Highlights of The Lithium Tantalate 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:
- Acoustic Grade
- Optical Grade
- Other
- By Application:
- Surface Acoustic Wave
- Electro-Optical
- Piezoelectric Transducers
- Pyroelectric
- Other
- 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 Lithium Tantalate 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
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?
Lithium Tantalate Crystal is a type of crystal that is made up of lithium ions and tantalum atoms. The crystal structure is hexagonal, with each atom occupying six positions in the lattice. This makes the lithium tantalate crystal strong and resistant to damage.
Some of the key players operating in the lithium tantalate crystal market are Sumitomo Metal Mining, Shin-Etsu Chemical, Orient Tantalum Industry, Oxide Corporation, Korth Kristalle, SIOM, Castech, CETC, Crystalwise, Shanghai Dongcheng Electronic Materials, United Crystal, Dayoptics.
The lithium tantalate crystal market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lithium Tantalate Crystal Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lithium Tantalate Crystal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lithium Tantalate Crystal Market - Supply Chain
4.5. Global Lithium Tantalate Crystal Market Forecast
4.5.1. Lithium Tantalate Crystal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lithium Tantalate Crystal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lithium Tantalate Crystal Market Absolute $ Opportunity
5. Global Lithium Tantalate Crystal Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lithium Tantalate Crystal Market Size and Volume Forecast by Type
5.3.1. Acoustic Grade
5.3.2. Optical Grade
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lithium Tantalate Crystal Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lithium Tantalate Crystal Market Size and Volume Forecast by Application
6.3.1. Surface Acoustic Wave
6.3.2. Electro-Optical
6.3.3. Piezoelectric Transducers
6.3.4. Pyroelectric
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lithium Tantalate Crystal Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lithium Tantalate Crystal Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lithium Tantalate Crystal Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lithium Tantalate Crystal Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lithium Tantalate Crystal Demand Share Forecast, 2019-2026
9. North America Lithium Tantalate Crystal Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lithium Tantalate Crystal Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lithium Tantalate Crystal Market Size and Volume Forecast by Application
9.4.1. Surface Acoustic Wave
9.4.2. Electro-Optical
9.4.3. Piezoelectric Transducers
9.4.4. Pyroelectric
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lithium Tantalate Crystal Market Size and Volume Forecast by Type
9.7.1. Acoustic Grade
9.7.2. Optical Grade
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lithium Tantalate Crystal Demand Share Forecast, 2019-2026
10. Latin America Lithium Tantalate Crystal Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lithium Tantalate Crystal Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lithium Tantalate Crystal Market Size and Volume Forecast by Application
10.4.1. Surface Acoustic Wave
10.4.2. Electro-Optical
10.4.3. Piezoelectric Transducers
10.4.4. Pyroelectric
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lithium Tantalate Crystal Market Size and Volume Forecast by Type
10.7.1. Acoustic Grade
10.7.2. Optical Grade
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lithium Tantalate Crystal Demand Share Forecast, 2019-2026
11. Europe Lithium Tantalate Crystal Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lithium Tantalate Crystal Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lithium Tantalate Crystal Market Size and Volume Forecast by Application
11.4.1. Surface Acoustic Wave
11.4.2. Electro-Optical
11.4.3. Piezoelectric Transducers
11.4.4. Pyroelectric
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lithium Tantalate Crystal Market Size and Volume Forecast by Type
11.7.1. Acoustic Grade
11.7.2. Optical Grade
11.7.3. Oher
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lithium Tantalate Crystal Demand Share, 2019-2026
12. Asia Pacific Lithium Tantalate Crystal Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lithium Tantalate Crystal Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lithium Tantalate Crystal Market Size and Volume Forecast by Application
12.4.1. Surface Acoustic Wave
12.4.2. Electro-Optical
12.4.3. Piezoelectric Transducers
12.4.4. Pyroelectric
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lithium Tantalate Crystal Market Size and Volume Forecast by Type
12.7.1. Acoustic Grade
12.7.2. Optical Grade
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lithium Tantalate Crystal Demand Share, 2019-2026
13. Middle East & Africa Lithium Tantalate Crystal Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lithium Tantalate Crystal Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lithium Tantalate Crystal Market Size and Volume Forecast by Application
13.4.1. Surface Acoustic Wave
13.4.2. Electro-Optical
13.4.3. Piezoelectric Transducers
13.4.4. Pyroelectric
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lithium Tantalate Crystal Market Size and Volume Forecast by Type
13.7.1. Acoustic Grade
13.7.2. Optical Grade
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lithium Tantalate Crystal Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lithium Tantalate Crystal Market: Market Share Analysis
14.2. Lithium Tantalate Crystal Distributors and Customers
14.3. Lithium Tantalate Crystal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sumitomo Metal Mining
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shin-Etsu Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Orient Tantalum Industry
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Oxide Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Korth Kristalle
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SIOM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Castech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CETC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Crystalwise
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Dongcheng Electronic Materials
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. United Crystal
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Dayoptics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook