Press release
Laser Crystals Market Size Share - Industry Trends and Forecast 2017 - 2025
This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.
Laser devices are generally divided into solid laser, liquid laser, gas laser, and semiconductor laser. The most common lasers are CO2 laser, ruby laser, He-Ne laser, neodymium glass laser and others. Crystal material is widely used in lasers. Crystals used in laser is laser crystal. Laser crystals are made from mono crystalline material which is used as an active gain medium in solid state laser systems. The laser gain medium is used to amplify the power of light. Such a gain medium is required in the laser to compensate for resonator losses. The optical properties of a given crystal are determined by the crystal’s composition which decides the optimal application or laser type for that crystal. Some of the commonly used laser crystals available for integration include Nd:YAG (Neodymium Doped Yttrium Aluminum Garnet), GGG Doped, Nd:YVO4 (Neodymium Doped Yttrium Vanadate), Yb:KYW,Yb:KGW (Ytterbium Doped Potassium Gadolinium Tungstate), and Ti:Sapphire..Nd:YAG (Neodymium Doped Yttrium Aluminum Garnet). They feature high optical homogeneity, high laser damage thresholds, processing accuracy and excellent stability. Nd:YVO4 (Neodymium Doped Yttrium Vanadate) laser crystals have high damage thresholds, strong mechanical properties, and superior optical properties. Nd:YVO4 laser crystals can lase at 1342 nm, 1064 nm, and 914 nm with associated harmonics in the green and blue wavelengths. Ti:Sapphire laser crystals have large gain and emission bandwidths with high laser damage thresholds and saturation power. Ti:Sapphire laser crystals are ideal for ultra-fast lasers and oscillators. Yb:KGW (Ytterbium Doped Potassium Gadolinium Tungstate) is used to generate high power and ultra-short pulses. They offer a broad laser output at 1020-1060 nm.
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YAG series laser crystals are mainly used in solid lasers. Nd:YAG (Neodymium Doped Yttrium Aluminum Garnet) has become the most mature and popular laser crystal material. Nd:YAG (Neodymium Doped Yttrium Aluminum Garnet) crystal is mainly used in defense industry, laser medical beauty, as well as industrial processing. Due to increasing acceptance of components of the laser crystal material, and increasing application of solid high power pulsed laser technology as well as equipment, the demand for high feature YAG (Yttrium Aluminum Garnet) series laser crystals has significantly increased. However, with the advancement of technology especially in solid laser technology and the continuous development of application fields as well as increase in its usage, the application of YAG (Yttrium Aluminum Garnet) series laser crystal is also expanding.
The global laser crystals market can be categorized on the basis of type, product feature, application, and region. In terms of type, the global laser crystals market is classified into Nd doped potassium gadolinium tungstate (Nd:KGW), neodymium doped yttrium aluminum garnet (Nd:YAG), Yb doped potassium yttrium tungstate (Yb:KYW), Yb doped potassium gadolinium tungstate (Yb:KGW), and titanium doped sapphire (Ti:sapphire). On the basis of application, the global laser crystals market can be categorized into optical components, scientific research, healthcare, military and others. On the basis of product feature, the global laser crystals market can be categorized into single crystal, glass, optical fiber, and ceramic. On the basis of geography, the global laser crystals market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The growth in the Asia Pacific region is mainly due to the growing demand for the global laser crystals in optoelectronic industry, military industry, and other industries
The major players in the global laser crystals market are Northrop Grumman Corporation, Scientific Materials Corp., FEE GmbH, Laser Materials Corporation, Beijing Opto Electronics Technology, Cryslaser, Inc, Pujiang Shining Crystal Crafts Co., Ltd., and CASTECH among others. These companies are investing extensively in their R&D and continue to increase their distribution channels with the help of partnerships in order to increase their market share globally.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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