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Home » Chemicals and Materials » Electro-Optic Crystal Market Size, Share Report

Electro-Optic Crystal Market By Crystal Type (Lithium Niobate (LiNbO3), Potassium Dihydrogen Phosphate (KDP), Beta Barium Borate (BBO), Potassium Titanyl Phosphate (KTP), Lithium Tantalate (LiTaO3), Ammonium Dihydrogen Phosphate (ADP)); By Application (Optical Modulators, Laser Systems, Quantum Computing, Optical Switching, Telecommunication, LiDAR, Defense and Aerospace, Medical Devices (Imaging, Laser Surgery)); By End-Use Industry (Telecommunications, Aerospace and Defense, Healthcare, Electronics and Semiconductors, Research and Development (R&D), Industrial); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: SEP-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 14934526

The electro-optic crystal market was worth USD 312 billion in 2023 and is expected to be worth USD 556 billion by 2030, expanding at a CAGR of 7.55% during the forecast period.

 

The rising need for cutting-edge optical tech in telecoms, aerospace, defense, and healthcare drives the electro-optic crystal market's growth. As 5G networks keep expanding worldwide, spending on telecom infrastructure will hit $1 trillion by 2025, which should boost demand for electro-optic crystals used to adjust light signals.

 

New breakthroughs in quantum tech and laser systems hint at a surge in electro-optic crystal use for various defense applications, like laser-based targeting and range-finding systems. In 2023, Thorlabs launched new laser parts with better electro-optic crystal tech to push the boundaries of optical system performance in the telecom and military fields. The growing demand for precision and speed drives the optics market.

 

The electro-optic crystal market looks bright in quantum computing, optical communication, and laser tech sectors. The global quantum computing market will reach $5 billion by 2025, creating the need for electro-optic crystals like BBO and KDP, which play a very important role in the modulation of light in these applications, will be considerably enhanced.

 

A key breakthrough in 2023 influences the progress of LiNbO3 or Lithium Niobate crystals, which have many uses in 5G telecom systems and LiDAR tech. Firms like Thorlabs grew their product range by launching new electro-optic modulators to increase speeds and boost accuracy in sending data through optical networks. The need for electro-optic crystals will grow into new areas as more industries use advanced optical systems such as telecom and defense.

 

electro-optic-crystals-market-infographics

 

Market Segmentation

By Crystal Type:

  • Lithium Niobate (LiNbO3)

  • Potassium Dihydrogen Phosphate (KDP)

  • Beta Barium Borate (BBO)

  • Potassium Titanyl Phosphate (KTP)

  • Lithium Tantalate (LiTaO3)

  • Ammonium Dihydrogen Phosphate (ADP)

 

By Application:

  • Optical Modulators

  • Laser Systems

  • Quantum Computing

  • Optical Switching

  • Telecommunication

  • LiDAR

  • Defense and Aerospace

  • Medical Devices (Imaging, Laser Surgery)

 

By End-Use Industry:

  • Telecommunications

  • Aerospace and Defense

  • Healthcare

  • Electronics and Semiconductors

  • Research and Development (R&D)

  • Industrial

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

North America leads the market because of high demand from its cutting-edge telecom, aerospace, defense, and healthcare sectors. The United States spearheads this region driven by ongoing work in 5G networks, lasers, and quantum computing that need many electro-optic crystals like LiNbO3 and BBO. For instance, in the United States, The Department of Defense has been investing in advanced laser systems for military use, which boosts the need for electro-optic parts. In 2023, Thorlabs ramped up its output of advanced electro-optic modulators based on lithium niobate to meet growing telecom and quantum computing demand. This growth shows North America's key role in pushing innovation and using electro-optic crystals for high-precision tasks.

 

Key Players

  • Thorlabs, Inc.

  • Gooch & Housego PLC

  • Inrad Optics

  • Lumentum Holdings Inc.

  • Cristal Laser S.A.

  • Coherent, Inc.

  • Fujian Castech Crystals, Inc.

  • Altechna

  • Eksma Optics

Frequently Asked Question About This Report

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Table of Contents

1.    ELECTRO-OPTIC CRYSTAL MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    ELECTRO-OPTIC CRYSTAL MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – ELECTRO-OPTIC CRYSTAL MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market by Crystal Type and End Use Outlook Analysis
4.    HISTORIC TRENDS IN ELECTRO-OPTIC CRYSTAL MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA ELECTRO-OPTIC CRYSTAL MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America Electro-Optic Crystal Historical Market ($MILLION), (2017 – 2023)
6.2. North America Electro-Optic Crystal Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Crystal Type

6.3.1. Lithium Niobate (LiNbO3)
6.3.2. Potassium Dihydrogen Phosphate (KDP)
6.3.3. Beta Barium Borate (BBO)
6.3.4. Potassium Titanyl Phosphate (KTP)
6.3.5. Lithium Tantalate (LiTaO3)
6.3.6. Ammonium Dihydrogen Phosphate (ADP)
6.4. North America Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Application

6.4.1. Optical Modulators
6.4.2. Laser Systems
6.4.3. Quantum Computing
6.4.4. Optical Switching
6.4.5. Telecommunication
6.4.6. LiDAR
6.4.7. Defense and Aerospace
6.4.8. Medical Devices (Imaging, Laser Surgery)

6.5. North America Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry

6.5.1. Telecommunication
6.5.2. Aerospace and Defense
6.5.3. Healthcare
6.5.4. Electronics and Semiconductors
6.5.5. Research and Development (R&D)
6.5.6. Industrial
6.6. North America Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.6.1. USA
6.6.2. Canada
6.6.3. Rest of North America
7.    USA ELECTRO-OPTIC CRYSTAL MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE ELECTRO-OPTIC CRYSTAL MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe Electro-Optic Crystal Historical Market ($MILLION), (2017 – 2023)
8.2. Europe Electro-Optic Crystal Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Crystal Type
8.4. Europe Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Application
8.5. Europe Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
8.6. Europe Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.6.1. Germany
8.6.2. France
8.6.3. UK
8.6.4. Italy
8.6.5. Spain
8.6.6. Rest of Europe
9.    APAC ELECTRO-OPTIC CRYSTAL MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC Electro-Optic Crystal Historical Market ($MILLION), (2017 – 2023)
9.2. APAC Electro-Optic Crystal Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Crystal Type
9.4. APAC Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Application
9.5. APAC Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
9.6. APAC Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.6.1. China
9.6.2. Japan
9.6.3. South Korea
9.6.4. India
9.6.5. Australia
9.6.6. Rest of APAC
10.    LATIN AMERICA ELECTRO-OPTIC CRYSTAL MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America Electro-Optic Crystal Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America Electro-Optic Crystal Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Crystal Type
10.4. Latin America Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Application
10.5. Latin America Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
10.6. Latin America Electro-Optic Crystal Market Crystal Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.6.1. Brazil
10.6.2. Argentina
10.6.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. Thorlabs, Inc.
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Gooch & Housego PLC
11.3. Inrad Optics
11.4.  LUMENTUM HOLDINGS INC.
11.5. Coherent, Inc.
11.6. Fujian Castech Crystals, Inc.
11.7. OTHER MARKET PLAYERS