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    Optical Ceramics Market Report

    Optical Ceramics Market Report
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    Optical Ceramics Market Size, Share, Trend, Forecast, & Industry Analysis – 2021 See more...

    Impact of COVID-19 on Optical Ceramics Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Optical Ceramics Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Optical Ceramics Market Insights

    Optical ceramics market is likely to witness an impressive CAGR of 14.8% during the forecast period. The key factor that is contributing to the demand for optical ceramics is mainly attributed to its increasing usage in various industrial applications, such as aerospace & defense, medical, and optics & optoelectronics.

    Optical Ceramics Market - Snapshot

    Growth

    14.8% for the next five year

    Major Material Type

    Sapphire

    Dominant End-Use Industry Type

    Optics & Optoelectronics

    Region with the highest demand

    North America

    Key Players

    II-VI Optical Systems, CeraNova Corporation, CeramTec GmbH, Surmet Corporation, Schott AG, CoorsTek Corporation, Murata Manufacturing Co. Ltd., Konoshima Chemicals Co. Ltd., Kyocera Corporation, and Saint-Gobain S.A.

     

    Market Share Analysis

    Optical-Ceramics-Market-Dominant-Segments

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    Optical Ceramics Market Share: By Material Type

    Based on the material type, the market is segmented as sapphire, aluminum oxynitride, spinel, yttrium aluminum garnet (YAG), and others. The sapphire segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The widespread usage of sapphire as optical windows in military sensor systems to super market checkout windows, and as transparent armor to as sheets, tubes & rods in various industrial applications is driving the growth of this segment.

    Optical Ceramics Market Share: By End-Use Industry Type

    Based on the end-use industry type, the optical ceramics market is segmented as optics and optoelectronics, aerospace and defense & security, energy, and others. The optics & optoelectronics segment dominates the market as optical ceramics are the advanced industrial materials developed mainly for their usage in various optics & optoelectronic applications, such as windows, domes, lenses, lamp envelopes, lasers, etc.

    Optical Ceramics Market Share: By Region

    In terms of regions, North America is estimated to be the largest market and is expected to remain the dominant region, fueled by the high demand for optical ceramics in the USA. The dominance of the region is attributed to the high demand from the USA’s defense department for transparent armor for personnel protection in both, air and ground vehicles and infrared windows for air reconnaissance applications. Asia-Pacific is expected to be the fastest-growing market for optical ceramics during the forecast period. China, Japan, and India are the major growth engines of the Asia-Pacific’s optical ceramics market during the forecast period.

    Optical-Ceramics-Market-By-Region

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    Some of the major players in the optical ceramics market are-

    • II-VI Optical Systems
    • CeraNova Corporation
    • CeramTec GmbH
    • Surmet Corporation
    • Schott AG
    • CoorsTek Corporation
    • Murata Manufacturing Co. Ltd.
    • Konoshima Chemicals Co. Ltd.
    • Kyocera Corporation
    • Saint-Gobain S.A.

     

    Market Scope & Segmentation

    Optical ceramics are advanced ceramics which are optically transparent. They are the transparent polycrystalline materials which can be used in place of single crystals. In order to make ceramic transparent, there is a need to eliminate the inner pore and impurity along with the birefringence effect.

    Optical ceramics possess various properties, such as high thermal resistance, strength, hardness, and scratch resistance; and are also, electrically resistant.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Optical Ceramics Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    13

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The optical ceramics market is segmented into the following categories. 

    Optical Ceramics Market Size, Share, & Forecast, by Type:

    • Monocrystalline Optical Ceramics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polycrystalline Optical Ceramics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Optical Ceramics Market Size, Share, & Forecast, by Material Type:

    • Sapphire (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aluminum Oxynitride (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Spinel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Yttrium Aluminum Garnet (YAG) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Optical Ceramics Market Size, Share, & Forecast, by End-Use Industry Type:

    • Optics & Optoelectronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerospace and Defense & Security (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Optical Ceramics Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Optical-Ceramics-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the material types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The optical ceramics market is expected to witness an impressive growth of 14.8% CAGR in the foreseeable future.

    II-VI Optical Systems, CeraNova Corporation, CeramTec GmbH, Surmet Corporation, Schott AG, CoorsTek Corporation, Murata Manufacturing Co. Ltd., Konoshima Chemicals Co. Ltd., Kyocera Corporation, and Saint-Gobain S.A are among the key players in the optical ceramics market.

    North America is expected to be the largest optical ceramics market during the next five years.

    The sapphire segment is expected to be the dominant material type in the optical ceramics market in the coming years.

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