YAG & Nd:YAG Crystals Market – Global Industry Insights, Market Size Estimation and Growth Forecast By Product Type (YAG Crystals and Nd:YAG crystals), By Technology (czochralski technique and others), By Application (high-intensity laser platforms, optical components, healthcare, military and others) & By Regions, 2017-2025

YAG & Nd:YAG Crystals Market Report

Report Code: CM-101-042417 | Published In Category: Chemicals and Materials

Format: PDF | No. of Slides: 218 | No. of Figures: 129 | No. of Tables: 07

The market for Yttrium Aluminum Garnet (YAG) and Neodymium doped YAG (Nd:YAG) crystals has been covered under the scope of this report. YAG is a synthetic, crystalline variant of garnet, having several industrial applications. Nd:YAG is the most utilized form of doped YAG, having huge applications in solid state lasers and healthcare among others. The global YAG and Nd:YAG crystals market has been segmented on the basis of technology, type, application, type by application and region. The report provides a cross sectional analysis of each type, by applications. It also provides a cross sectional study of the global YAG and Nd:YAG crystals market across broad regional segments such as North America, Europe, Asia-Pacific (APAC), Middle-East & Africa (MEA) and Latin America under its scope. The market is primarily being driven by the rising demand of Nd:YAG crystals lasers in healthcare, manufacturing & metal/material processing and industrial sector and growth in demand of Nd:YAG crystal based solid-state laser in consumer electronics manufacturing among others.

Global Revenue Forecast (USD Million) By Application
Global Revenue Forecast (USD Million) By Application (2016 Vs 2025)

A complete analysis of market dynamics, which include the market drivers, restraints, and opportunities, is included under the scope of the report. Market dynamics are the distinctive factors that influence the growth of any specific market and hence are invaluable in studying the current trends in the global market. Market dynamics for the different segments, namely technology, type and application, have been covered separately, under the purview of the report. Additionally, the pricing dynamics for each region has also been covered under the scope of the report. The pricing dynamics focuses on the price range of these crystals, in each region, and details the reasons for rise or fall in prices of these crystals. Thus, this report provides an exhaustive study of the global YAG and Nd:YAG crystals market and also provides the forecast for the YAG and nd:YAG crystals market for the period from 2017 – 2025.

Primary Interviews Breakdown
Primary Interviews Breakdown By Geography

Under the scope of the report on global YAG and Nd:YAG crystals market, several high-level analysis have been covered. This includes the market evolution analysis, key trends analysis, product lifecycle analysis, vendor positioning matrix, Porter’s five forces analysis, patent analysis and market attractiveness analysis. Market evolution analysis discusses regarding the product evolution and current market scenario. Key trends analysis discusses the current and upcoming trends of the YAG and Nd:YAG crystals market. Product lifecycle analysis analyzes the current lifecycle stage of the product in the five wide geographic regions, such as whether the product is approaching maturity in a region or whether it is a new entrant etc. Vendor positioning matrix portrays the current scenario of the major vendors of this market. Porter’s five forces analysis provides insights on the competitive scenario, with regards to new entrants, substitutes, buyers and suppliers. Patent analysis discusses on the various patents being filed and granted, across the different patent offices. For providing a detailed insight into the global YAG and Nd:YAG crystals market, the market attractive analysis has been provided in the report. Market attractiveness analysis details the investment attractiveness, by each technology, type, application and geography.

Primary Interviews Breakdown By Designations
Primary Interviews Breakdown By Designation

The competitive profiling of the key players in the global YAG and Nd:YAG crystals market and their capabilities as well as major customers has been exhaustively covered under the purview of the study. Moreover, the distinct business strategies that have been adopted by the major players in the market have also been included in the report.

Some major players in the market are: Northrop Grumman Corporation (The U.S.), Scientific Materials Corporation (The U.S.), Laser Materials Corporation (The U.S.), FEE GmbH (Germany), II-VI Optical Systems, Inc. (The U.S.), Beijing Opto-Electronics Technology, Co. Ltd. (China), Cryslaser, Inc. (China), and Chengdu Dongjun Laser Co., Ltd. (China) among others.

The global YAG and Nd:YAG crystals market has been segmented into:

YAG and Nd:YAG Crystals Market, by Technology

  • Czochralski Technique
  • Other Techniques

YAG and Nd:YAG Crystals Market, by Type

  • YAG Crystals
  • Nd:YAG Crystals

YAG and Nd:YAG Crystals Market, by Applications

  • High-intensity Laser Platforms
  • Optical Components
  • Healthcare
  • Military
  • Others (includes manufacturing & metal/material processing, scientific research, semiconductor & consumer electronics etc.)

YAG and Nd:YAG Crystals Market, Product Type by Applications

  • YAG Crystals
    • Optical Components
    • Healthcare
    • Others
  • Nd:YAG Crystals
    • High-intensity Laser Platforms
    • Optical Components
    • Healthcare
    • Military
    • Others

YAG and Nd:YAG Crystals Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • The United Kingdom
    • Germany
    • France
    • CIS + Scandinavia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Korea
    • Rest of Asia Pacific
  • Middle-East & Africa (MEA)
    • Israel
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  1. Introduction
    1. Study Objective
    2. Assumption
    3. Acronyms Used
    4. Stakeholder Analysis, Mendelow's Matrix
    5. Research Scope
    6. Market Segmentation
    7. Research Limitations
  2. Research Methodology
    1. Parameters
    2. Data Sources
      1. Primary Data Sources
        1. Partial Excerpts of Interview with Key Industry Personnel
        2. Partial Directory of Key Industry Personnel
        3. Primary Interviews Breakdown, By Geography
        4. Primary Interviews Breakdown, By Designation
    3. Research Process
      1. Primary data collection process
      2. Primary data sources
      3. Secondary data collection process
      4. Secondary data sources
    4. Market Size Estimation Technique
      1. Top Down Approach
      2. Bottom Up Approach
      3. Forecasting Technique
  3. Executive Summary
    1. Market Size (Value and Volume), By Type, 2016 Vs. 2025
    2. Market Size (Value and Volume), By Technology, 2016 Vs. 2025
    3. Market Size (Value and Volume), By Application, 2016 Vs. 2025
    4. Market Size (Value and Volume), By Region, 2016 Vs. 2025
  4. Market Overview
    1. Market Definition
    2. Product Definition
    3. Industry Evolution Analysis
    4. Key Trend Analysis
    5. Product Lifecycle
    6. Vendor Positioning Matrix
    7. Porter Five Force Analysis
    8. Patent Analysis
    9. Industry Regulation
    10. Market Attractiveness Analysis
    11. Key Issues
  5. Global YAG and Nd:YAG Crystals MarketCompetitive Scenario
    1. Market Share Analysis of Key Players
    2. Competitive Strategies Adopted by Leading Players
    3. List of Growth Activities
      1. Organic Growth Activities
      2. Inorganic Growth Activities
    4. Customer Group Analysis
  6. Global YAG and Nd:YAG Crystals Market By Technology
    1. Overview – By Technology
    2. Technology Trends
    3. Market Dynamics, By Technology
      1. Drivers
      2. Restraints
      3. Opportunities
    4. Market Opportunity Heat Map, By Technology
    5. Czochralski Technique
      1. Comparative Analysis of Cz growth technique for YAG and Nd:YAG crystals
    6. Other Techniques
  7. Global YAG and Nd:YAG Crystals Market By Type
    1. Overview – By Type
    2. Type Trends
    3. Market Dynamics, By Type
      1. Drivers
      2. Restraints
      3. Opportunities
    4. Market Opportunity Heat Map, By Type
    5. YAG Crystals
    6. Nd:YAGCrystals
  8. Global YAG and Nd:YAG Crystals Market By Application
    1. Overview – By Application
    2. Application Trends
    3. Market Dynamics, By Application
      1. Drivers
      2. Restraints
      3. Opportunities
    4. Market Opportunity Heat Map, By Application
    5. High-intensity Laser Platforms
    6. Optical Components
    7. Healthcare
    8. Military
    9. Others
  9. Global YAG and Nd:YAG Crystals Market Product Type, By Application
    1. Overview – Product Type, By Application
    2. YAG Crystals – By Application
    3. Nd:YAG Crystals – By Application
  10. North America YAG and Nd:YAG Crystals Market
    1. North America YAG and Nd:YAG Crystals Market: Overview
    2. North America YAG and Nd:YAG Crystals Market: Market Dynamics
      1. Price Driver’s Impact Analysis
      2. Price Restraint’s Impact Analysis
    3. North America YAG &Nd:YAG Crystals Market: By Technology
      1. North America Czochralski (CZ) Technique: Description
      2. North America Other Techniques: Description
    4. North America YAG and Nd:YAG Crystals Market: By Type
      1. North America YAG Crystals: Description
      2. North America Nd:YAG Crystals: Description
    5. North America YAG and Nd:YAG Crystals Market: By Applications
      1. North America High Intensity Laser Platforms: Description
      2. North America Optical Components: Description
      3. North America Healthcare: Description
      4. North America Military: Description
      5. North America Others: Description
    6. North America YAG and Nd:YAG Crystals Market: By Country
      1. The U.S.: Description
      2. Canada: Description
  11. Europe YAG and Nd:YAG Crystals Market
    1. Europe YAG and Nd:YAG Crystals Market: Overview
    2. Europe YAG and Nd:YAG Crystals Market: Market Dynamics
      1. Price Driver’s Impact Analysis
      2. Price Restraint’s Impact Analysis
    3. EuropeYAG &Nd:YAG Crystals Market: By Technology
      1. Europe Czochralski (CZ) Technique: Description
      2. Europe Other Techniques: Description
    4. Europe YAG and Nd:YAG Crystals Market: By Type
      1. Europe YAG Crystals: Description
      2. EuropeNd:YAG Crystals: Description
    5. Europe YAG and Nd:YAG Crystals Market By Applications
      1. Europe High Intensity Laser Platforms: Description
      2. Europe Optical Components: Description
      3. Europe Healthcare: Description
      4. Europe Military: Description
      5. Europe Others: Description
    6. Europe YAG and Nd:YAG Crystals Market: By Country
      1. The U.K: Description
      2. Germany: Description
      3. France: Description
      4. CIS + Scandinavia: Description
      5. Rest of the Europe: Description
  12. Asia Pacific YAG and Nd:YAG Crystals Market
    1. Asia Pacific YAG and Nd:YAG Crystals Market: Overview
    2. Asia Pacific YAG and Nd:YAG Crystals Market: Market Dynamics
      1. Price Driver’s Impact Analysis
      2. Price Restraint’s Impact Analysis
    3. Asia PacificYAG &Nd:YAG Crystals Market: By Technology
      1. Asia Pacific Czochralski (CZ) Technique: Description
      2. Asia Pacific Other Techniques: Description
    4. Asia Pacific YAG and Nd:YAG Crystals Market: By Type
      1. Asia Pacific YAG Crystals: Description
      2. Asia PacificNd:YAG Crystals: Description
    5. Asia Pacific YAG and Nd:YAG Crystals Market: By Applications
      1. Asia Pacific High Intensity Laser Platforms: Description
      2. Asia Pacific Optical Components: Description
      3. Asia Pacific Healthcare: Description
      4. Asia Pacific Military: Description
      5. Asia Pacific Others: Description
    6. Asia Pacific YAG and Nd:YAG Crystals Market: By Country
      1. China: Description
      2. Japan: Description
      3. India: Description
      4. South Korea: Description
      5. Rest of the Asia Pacific: Description
  13. Middle East & Africa (MEA) YAG &Nd: YAG Crystals Market
    1. MEA YAG and Nd:YAG Crystals Market: Overview
    2. MEA YAG and Nd:YAG Crystals Market: Market Dynamics
      1. Price Driver’s Impact Analysis
      2. Price Restraint’s Impact Analysis
    3. MEAYAG &Nd:YAG Crystals Market: By Technology
      1. MEA Czochralski (CZ) Technique: Description
      2. MEA Other Techniques: Description
    4. MEA YAG and Nd:YAG Crystals Market: By Type
      1. MEA YAG Crystals: Description
      2. MEANd:YAG Crystals: Description
    5. MEA YAG and Nd:YAG Crystals Market: By Applications
      1. MEA High Intensity Laser Platforms: Description
      2. MEA Optical Components: Description
      3. MEA Healthcare: Description
      4. MEA Military: Description
      5. MEA Others: Description
    6. MEA YAG and Nd:YAG Crystals Market: By Country
      1. Israel: Description
      2. South Africa: Description
      3. Rest of the MEA: Description
  14. Latin America YAG and Nd:YAG Crystals Market
    1. Latin America YAG and Nd:YAG Crystals Market: Overview
    2. Latin America YAG and Nd:YAG Crystals Market: Market Dynamics
      1. Price Driver’s Impact Analysis
      2. Price Restraint’s Impact Analysis
    3. Latin AmericaYAG &Nd:YAG Crystals Market: By Technology
      1. Latin America Czochralski (CZ) Technique: Description
      2. Latin America Other Techniques: Description
    4. Latin America YAG and Nd:YAG Crystals Market: By Type
      1. Latin America YAG Crystals: Description
      2. Latin AmericaNd:YAG Crystals: Description
    5. Latin America YAG and Nd:YAG Crystals Market: By Applications
      1. Latin America High Intensity Laser Platforms: Description
      2. Latin America Optical Components: Description
      3. Latin America Healthcare: Description
      4. Latin America Military: Description
      5. Latin America Others: Description
    6. Latin America YAG and Nd:YAG Crystals Market: By Country
      1. Brazil: Description
      2. Mexico: Description
      3. Rest of the Latin America: Description
  15. Company Profiles
    1. Northrop Grumman
      1. Business Overview
      2. Company Description
      3. Primary Business Segments
      4. SWOT Analysis
      5. Strategy Mapping
      6. Financial Overview
    2. Scientific Materials Corporation
      1. Business Overview
      2. Company Description
      3. Primary Business Segments
      4. SWOT Analysis
      5. Strategy Mapping
      6. Financial Overview
    3. Laser Materials Corporation
      1. Business Overview
      2. Company Description
      3. Primary Business Segments
      4. SWOT Analysis
      5. Strategy Mapping
      6. Financial Overview
    4. FEE GmbH
      1. Business Overview
      2. Company Description
      3. Primary Business Segments
      4. SWOT Analysis
      5. Strategy Mapping
      6. Financial Overview
    5. II – VI Optical Systems, Inc.
      1. Business Overview
      2. Company Description
      3. Primary Business Segments
      4. SWOT Analysis
      5. Strategy Mapping
      6. Financial Overview
    6. Beijing Opto-Electronics Technology Co. Ltd.
      1. Business Overview
      2. Company Description
      3. Primary Business Segments
      4. SWOT Analysis
      5. Strategy Mapping
      6. Financial Overview
    7. Cryslaser, Inc.
      1. Business Overview
      2. Company Description
      3. Primary Business Segments
      4. SWOT Analysis
      5. Strategy Mapping
      6. Financial Overview
    8. Chengdu Dongjun Laser Co., Ltd. (DJ-Laser)
      1. Business Overview
      2. Company Description
      3. Primary Business Segments
      4. SWOT Analysis
      5. Strategy Mapping
      6. Financial Overview

List of Figures
Figure 01: Vendor Positioning Matrix
Figure 02: YAG & Nd:YAG Crystals Patent, By Patent Offices (2016)
Figure 03: Market Attractiveness, By Geography (2016)
Figure 04: Market Attractiveness, By Type (2016)
Figure 05: Market Attractiveness, By Technology (2016)
Figure 06: Market Attractiveness, By Application (2016)
Figure 07: Market Share of Key Players (2016)
Figure 08: Global Revenue Forecast (USD Million): By Technology (2016 Vs 2025)
Figure 09: Global Volume Forecast (Thousand Units): By Technology (2016 Vs 2025)
Figure 10: Czochralski Technique - Revenue and Volume Forecast
Figure 11: Other Techniques - Revenue and Volume Forecast
Figure 12: Global Revenue Forecast (USD Million): By Type (2016 Vs 2025)
Figure 13: Global Volume Forecast (Thousand Units): By Type (2016 Vs 2025)
Figure 14: YAG Crystals - Revenue and Volume Forecast
Figure 15: Nd:YAG Crystals - Revenue and Volume Forecast
Figure 16: Global Revenue Forecast (USD Million): By Application (2016 Vs 2025)
Figure 17: Global Volume Forecast (Thousand Units): By Application (2016 Vs 2025)
Figure 18: High-intensity Laser Platforms - Revenue and Volume Forecast
Figure 19: Optical Components - Revenue and Volume Forecast
Figure 20: Healthcare - Revenue and Volume Forecast
Figure 21: Military - Revenue and Volume Forecast
Figure 22: Others - Revenue and Volume Forecast
Figure 23: YAG Crystals Revenue Forecast (USD Million): By Application (2016 Vs 2025)
Figure 24: YAG Crystals Revenue Forecast (USD Million) – By Application
Figure 25: Nd:YAG Crystals Revenue Forecast (USD Million): By Application (2016 Vs 2025)
Figure 26: Nd:YAG Crystals Revenue Forecast (USD Million) – By Application
Figure 27: North America Revenue Forecast (USD Million): By Technology
Figure 28: North America Volume Forecast (Thousand Units): By Technology
Figure 29: North America Czochralski (CZ) Technique: Revenue and Volume Forecast
Figure 30: North America Other Techniques: Revenue and Volume Forecast
Figure 31: North America Revenue Forecast (USD Million): By Type
Figure 32: North America Volume Forecast (Thousand Units): By Type
Figure 33: North America YAG Crystals: Revenue and Volume Forecast
Figure 34: North America Nd:YAG Crystals: Revenue and Volume Forecast
Figure 35: North America Revenue Forecast (USD Million): By Applications
Figure 36: North America Volume Forecast (Thousand Units): By Applications
Figure 37: North America High Intensity Laser Platforms: Revenue and Volume Forecast
Figure 38: North America Optical Components: Revenue and Volume Forecast
Figure 39: North America Healthcare: Revenue and Volume Forecast
Figure 40: North America Military: Revenue and Volume Forecast
Figure 41: North America Others: Revenue and Volume Forecast
Figure 42: North America Revenue Forecast (USD Million): By Country
Figure 43: North America Volume Forecast (Thousand Units): By Country
Figure 44: The U.S.: Revenue and Volume Forecast
Figure 45: Canada: Revenue and Volume Forecast
Figure 46: Europe Revenue Forecast (USD Million): By Technology
Figure 47: Europe Volume Forecast (Thousand Units): By Technology
Figure 48: Europe Czochralski (CZ) Technique: Revenue and Volume Forecast
Figure 49: Europe Other Techniques: Revenue and Volume Forecast
Figure 50: Europe Revenue Forecast (USD Million): By Type
Figure 51: Europe Volume Forecast (Thousand Units): By Type
Figure 52: Europe YAG Crystals: Revenue and Volume Forecast
Figure 53: Europe Nd:YAG Crystals: Revenue and Volume Forecast
Figure 54: Europe Revenue Forecast (USD Million): By Applications
Figure 55: Europe Volume Forecast (Thousand Units): By Applications
Figure 56: Europe High Intensity Laser Platforms: Revenue and Volume Forecast
Figure 57: Europe Optical Components: Revenue and Volume Forecast
Figure 58: Europe Healthcare: Revenue and Volume Forecast
Figure 59: Europe Military: Revenue and Volume Forecast
Figure 60: Europe Others: Revenue and Volume Forecast
Figure 61: Europe Revenue Forecast (USD Million): By Country
Figure 62: Europe Volume Forecast (Thousand Units): By Country
Figure 63: The U.K.: Revenue and Volume Forecast
Figure 64: Germany: Revenue and Volume Forecast
Figure 65: France: Revenue and Volume Forecast
Figure 66: CIS + Scandinavia: Revenue and Volume Forecast
Figure 67: Rest of Europe: Revenue and Volume Forecast
Figure 68: Asia Pacific Revenue Forecast (USD Million): By Technology
Figure 69: Asia Pacific Volume Forecast (Thousand Units): By Technology
Figure 70: Asia Pacific Czochralski (CZ) Technique: Revenue and Volume Forecast
Figure 71: Asia Pacific Other Techniques: Revenue and Volume Forecast
Figure 72: Asia Pacific Revenue Forecast (USD Million): By Type
Figure 73: Asia Pacific Volume Forecast (Thousand Units): By Type
Figure 74: Asia Pacific YAG Crystals: Revenue and Volume Forecast
Figure 75: Asia Pacific Nd:YAG Crystals: Revenue and Volume Forecast
Figure 76: Asia Pacific Revenue Forecast (USD Million): By Applications
Figure 77: Asia Pacific Volume Forecast (Thousand Units): By Applications
Figure 78: Asia Pacific High Intensity Laser Platforms: Revenue and Volume Forecast
Figure 79: Asia Pacific Optical Components: Revenue and Volume Forecast
Figure 80: Asia Pacific Healthcare: Revenue and Volume Forecast
Figure 81: Asia Pacific Military: Revenue and Volume Forecast
Figure 82: Asia Pacific Others: Revenue and Volume Forecast
Figure 83: Asia Pacific Revenue Forecast (USD Million): By Country
Figure 84: Asia Pacific Volume Forecast (Thousand Units): By Country
Figure 85: China: Revenue and Volume Forecast
Figure 86: Japan: Revenue and Volume Forecast
Figure 87: India: Revenue and Volume Forecast
Figure 88: Korea: Revenue and Volume Forecast
Figure 89: Rest of Asia Pacific: Revenue and Volume Forecast
Figure 90: MEA Revenue Forecast (USD Million): By Technology
Figure 91: MEA Volume Forecast (Thousand Units): By Technology
Figure 92: MEA Czochralski (CZ) Technique: Revenue and Volume Forecast
Figure 93: MEA Other Techniques: Revenue and Volume Forecast
Figure 94: MEA Revenue Forecast (USD Million): By Type
Figure 95: MEA Volume Forecast (Thousand Units): By Type
Figure 96: MEA YAG Crystals: Revenue and Volume Forecast
Figure 97: MEA Nd:YAG Crystals: Revenue and Volume Forecast
Figure 98: MEA Revenue Forecast (USD Million): By Applications
Figure 99: MEA Volume Forecast (Thousand Units): By Applications
Figure 100: MEA High Intensity Laser Platforms: Revenue and Volume Forecast
Figure 101: MEA Optical Components: Revenue and Volume Forecast
Figure 102: MEA Healthcare: Revenue and Volume Forecast
Figure 103: MEA Military: Revenue and Volume Forecast
Figure 104: MEA Others: Revenue and Volume Forecast
Figure 105: MEA Revenue Forecast (USD Million): By Country
Figure 106: MEA Volume Forecast (Thousand Units): By Country
Figure 107: Israel: Revenue and Volume Forecast
Figure 108: South Africa: Revenue and Volume Forecast
Figure 109: Rest of MEA: Revenue and Volume Forecast
Figure 110: Latin America Revenue Forecast (USD Million): By Technology
Figure 111: Latin America Volume Forecast (Thousand Units): By Technology
Figure 112: Latin America Czochralski (CZ) Technique: Revenue and Volume Forecast
Figure 113: Latin America Other Techniques: Revenue and Volume Forecast
Figure 114: Latin America Revenue Forecast (USD Million): By Type
Figure 115: Latin America Volume Forecast (Thousand Units): By Type
Figure 116: Latin America YAG Crystals: Revenue and Volume Forecast
Figure 117: Latin America Nd:YAG Crystals: Revenue and Volume Forecast
Figure 118: Latin America Revenue Forecast (USD Million): By Applications
Figure 119: Latin America Volume Forecast (Thousand Units): By Applications
Figure 120: Latin America High Intensity Laser Platforms: Revenue and Volume Forecast
Figure 121: Latin America Optical Components: Revenue and Volume Forecast
Figure 122: Latin America Healthcare: Revenue and Volume Forecast
Figure 123: Latin America Military: Revenue and Volume Forecast
Figure 124: Latin America Others: Revenue and Volume Forecast
Figure 125: Latin America Revenue Forecast (USD Million): By Country
Figure 126: Latin America Volume Forecast (Thousand Units): By Country
Figure 127: Brazil: Revenue and Volume Forecast
Figure 128: Mexico: Revenue and Volume Forecast
Figure 129: Rest of Latin America: Revenue and Volume Forecast

List of Tables
Table 01: Customer Group Analysis
Table 02: Market Opportunity Heat Map, By Technology
Table 03: Market Opportunity Heat Map, By Type
Table 04: Market Opportunity Heat Map, By Application
Table 05: Considerations of Others Segment
Table 06: YAG Crystals Revenue Forecast (USD Million) – By Application
Table 07: Nd:YAG Crystals Revenue Forecast (USD Million) – By Application

YAG and Nd:YAG Crystals Market - Introduction

Yttrium Aluminum Garnet (YAG) is a crystalline variant of garnet, which is manufactured synthetically, for applications across several industry verticals. Doped variants of YAG are in high demand for several industrial applications. Neodymium doped YAG (Nd:YAG) is the most popular form of doped YAG crystal.

YAG and Nd:YAG Crystals Market Revenue Share
YAG and Nd:YAG Crystals Market is expected to grow during the analysis period from 2017 to 2025

Market Dynamics

The primary driving factors of the global YAG and Nd:YAG crystals market are rising demand of Nd:YAG crystals lasers in healthcare and industrial sector and growth in demand of Nd:YAG crystal based solid-state laser in consumer electronics manufacturing. The demand for high power pulsed laser welding equipments has been growing at a good pace in several emerging economies, such as China and India. Also, the growing demand for high power pulsed laser welding technology has been noticeable in several industry verticals, including automotive and metal processing. This in turn has been increasing the market demand for Nd:YAG crystal based high-intensity laser platforms, thus boosting the growth of the overall market. Additionally, the growth in application of ultrafast-pulse solid-state laser in the semiconductor industry has been boosting the growth of the Nd:YAG crystals market. These lasers are utilized for varied applications in the semiconductor industry, such as smartphone’s component manufacturing and display manufacturing among others. Such varied applications has been boosting the demand for such lasers, which again has been positively impacting the growth of the global YAG and Nd:YAG crystals market.Considering the positive impacts of the aforementioned factors, the demand for YAG and Nd:YAG crystalsis expected to rise during the forecast period from 2017 – 2025.

 

Segmentation Overview

By technology, the global market of YAG and Nd:YAG crystals has been sub-divided into Czochralski technique and other techniques. Due to the wide acceptance for production of YAG and Nd:YAG crystals, the Czochralski technique segment was the largest segment in 2016. Additionally, crystals produced through Czochralski method is with respect to the standards maintained by solid state laser manufacturers. Such factors promoted the growth of this segment.

Based on product type, the global YAG and Nd:YAG crystals market has been segmented into YAG crystals and Nd:YAG crystals. Nd:YAG crystals segment was the largest segment in 2016, due to its huge applications in solid state lasers. Additionally, Nd:YAG crystal based laser is being researched upon for high precision welding of automotive parts and also for ignition of automotive engine also. Such applications have been the primary reason for the high revenue share of this segment. In the other hand, undoped YAG crystals has relatively less application as most industry verticals prefer doped YAG crystals.

On the basis of application, the YAG and Nd:YAG crystals market has been divided into five segments, namely high-intensity laser platforms, optical components, healthcare, military, and others. Others segment includes manufacturing & metal/material processing, scientific research, semiconductor & consumer electronics etc. By both revenue and volume, other segment was the market leader in 2016.The growing application of these lasers can be attributed to their increasing usage in spectroscopic research, laser peening and additive manufacturing, which was instrumental in gaining the leading position of this segment.

 

Regional Outlook

YAG and Nd:YAG crystals market has been further segmented into five broad geographic regions, namely North America, Europe, Asia Pacific (APAC), Middle-East & Africa (MEA)and Latin America. North America occupied the largest share of the market in 2016. The large market share can be attributed to growing application of Nd:YAG crystals in solid state lasers across this region.

 

Leading Player Mapping

Some major players in the market are: Northrop Grumman Corporation (The U.S.), Scientific Materials Corporation (The U.S.), Laser Materials Corporation (The U.S.), FEE GmbH (Germany), II-VI Optical Systems, Inc. (The U.S.), Beijing Opto-Electronics Technology, Co. Ltd. (China), Cryslaser, Inc. (China), and Chengdu Dongjun Laser Co., Ltd. (China) among others.

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