Optical Ceramics Market Report: Information by Material (Sapphire, Yttrium Aluminum Garnet [YAG], Aluminum Oxynitride, Spinel and others), Application (Optics & Optoelectronics, Semiconductor and others), End-Use Industry (Aerospace & Defense, Energy, Electrical & Electronics and others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2030

Optical Ceramic Market overview

Optical ceramics is the combination of glass and crystalline and is otherwise known as transparent ceramic, and it is mostly used for high-energy laser windows, optical switches, laser amplifiers, lightwave transmission and lenses, infrared heat-seeking devices, missile guidance, gas lasers and many others. It is a very long-lasting crystalline advanced industrial material. These are best known for the possibility of production of moderately priced and large-sized materials for large area detection. Optical ceramics replaces many materials such as metals, glasses, and plastics at a very quick rate. It has a broad range of applications like optics, aerospace, defense etc. Optical ceramics are used in various industries such as aerospace, optoelectronics, and others. The global optical ceramics market is operated by a growing demand for optical ceramics in the defense sector combined with the rising defense expenditure. 

Covid-19 analysis

The outbreak of the Nobel virus covid-19 has led to the shutdown of the production facilities which do not come under essential goods, owing to the continuous lockdown and shutdowns in major countries like India, China, the U.S., Japan and Germany. It has led to either complete closure or suspension of their production activities in most industrial units worldwide. The construction and infrastructure are among the most affected sectors due to the lockdown announced in several countries. The lockdown has affected many construction and infrastructure projects due to disruption of the supply chains and the unavailability of labor. Due to the global pandemic, sectors like optics and optoelectronics, security, aerospace and defense have faced a severe decline; this resulted in the demand for optical ceramics in the construction sector is decreasing; therefore, it affects the growth of the optical ceramic market growth.

Chief Factors Existing In The Market 

Key Market Drivers

The optical ceramics are used in the production of commercial and military aircraft engines, domes and radomes are made for resisting harsh conditions, which is expected to increase their demand in the expanding aerospace & defense and energy industries.

The manufacturing of these ceramics is cost-effective compared to the substitutes present in the market, which is predicted to be the key factor operating the optical ceramics market growth globally. The fabrication process is less time-consuming than generating single crystals. The innovations and growing use of optical ceramics over glass and metals are also expected to increase the growth of the global optical ceramics market. With the high response rate of optical ceramics toward the infrared, optical, and ultraviolet lights, their demand is increasing in the manufacturing of image sensors, lamp devices, and laser transmitters, which is also predicted to fuel the Optical Ceramics Market Shareduring the estimated period.

Market Challenges

Due to the covid-19 pandemic, the market had faced the biggest challenge as there was breakage in the supply chain, and there was the unavailability of the labor force in the industries. These two points have hampered the growth of the market; it somehow hampers the Optical Ceramics Market Value.

Market opportunities

The market growth is attributed to the increasing use of optical ceramics in the aerospace and defense, and security industry. Both developed and developing countries are offering growth opportunities in the ceramic market. Optics and optoelectronics are the most promising end-use industries of optical ceramics. The manufacturing of these ceramics is cost-effective as compared to the substitutes present in the market.

Market Restraints

The high cost of optical ceramics is predicted to hamper the growth of the market during the estimated period. If the shutdown continues, then according to the demand, the supply wouldn't be sufficient yet can cause trouble for the optical ceramic market.

Cumulative Evaluation Of The Market

In 2020 the optical ceramics market size was valued at $189.3 million and was predicted to reach $603.4 million by 2030, growing at a CAGR of 12.4% from 2021 to 2030. Optical ceramics is one of the varieties of transparent ceramics. They are polycrystalline transparent materials that can be used instead of single crystal scintillators. Polycrystalline materials are solids made up of a collection of crystallites separated by grain borders, which are areas of relative disorder. These are high-tech industrial materials designed for use in optical functions: the ability to produce competitively priced and large-sized materials for large-area detection benefits optical ceramics.

Market Segmentation

The optical ceramics market globally has been divided based on material, application, end-use industry, and region.

The global optical ceramics market, by material, has been divided into sapphire, yttrium aluminum garnet, aluminum oxynitride, spinel, and others.

Under the basis of application, the global market has been divided into optics & optoelectronics, semiconductor, and others.

The end-user industries of optical ceramics are aerospace &defense, energy, electrical & electronics, and others.

Global Optical Ceramics Market Share, by End-Use Industry, 2018 (%)  

Source: MRFR Analysis

Regional Analysis

According to the global optical ceramics market analysis, by region, it has been categorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

North America is expected to be the fastest-growing and leading regional market due to the rise in investments in the aerospace and defense industry in the U.S. as compared to the investments in 2018, which was USD 865 million. The important growth of the electronics and energy industries is estimated to operate the demand for optical ceramics in the region.

Asia-Pacific has its high population, growing electronics and semiconductor industries, expanding aerospace &defense industry is expected to be the most opportunistic market for optical ceramics during the forecast period, with China, Japan, and India is leading the markets in the region.

The optical ceramic market globally in Europe is expected to have important growth during the estimated period due to the healthy growth of the energy sector and innovations in the aerospace &defense industry.

The Middle East & African market is predicted to have a slow growth compared to the other regions. The demand is predicted to increase in the electronics, medical, aerospace and defense industries in the region.

The market in Latin America is picking up the pace owing to the expansion of the energy sector over the past few years.

Competitive Intensity Within The Industry

The competitiveness can be felt by these main key players who lead the Optical Ceramics Market Trends; such players in the global optical ceramics market are II-VI Optical Systems, CeramTec, CeraNova, Schott AG, Konoshima Chemicals Co. Ltd., Murata Manufacturing Co. Ltd., etc. The optical ceramics market consists of well-diversified global and regional players, with global vendors ruling the market.

Recent Market Developments

In 2021 Surmet, a major manufacturer of optical ceramics and transparent ceramics was the latest in a recent trend of life sciences and sophisticated manufacturing companies announcing expansion plans. Eastman Machine Co., Thermo-Fisher Scientific Inc., Polymer Conversions Inc., Calspan Corp., and Pine Pharmaceuticals LLC are more participants. An $11.5 million expansion plan in the U.S. sophisticated manufacturing firm is being fueled by new technologies. The expansion will require new equipment, improvements, and the creation of new employment at the company's current 75,000-square-foot facility, which will be considered the nation's largest of its kind. Approximately $8 million of the expenditure will be used to acquire new equipment. It changes the entire Optical Ceramics Market Outlook.

In 2019 Murata expanded its production facility in Okayama, Japan. The expansion helped in increasing the production capacity of ceramics to meet the increased demand for electronic components used in smartphones and other devices. This will play an important role in strengthening the product portfolio of the company and emerge as a key manufacturer of optoelectronic components in the near future. 

Report Overview

This report includes all the data of the market, such as market overview, covid-19 analysis and how it affects the market, the key drivers, the market opportunities, the key drivers, the challenges that the market face, the market restraints, the optical ceramic market forecast, the market segmentation, the regional analysis, market outlook, the competitive landscape, report overview and recent development of the market.

Key Industrial Segments

By Material

• Sapphire


• Aluminum Oxynitride


• Spinel


• Yttrium Aluminum Garnet


• Others

By End-Use

• Optics & optoelectronics


• Aerospace &defense and security


• Energy


• Others

By Region

• North America
  
  
  
  • The U.S.
  
  
  • Canada
  
  
  • Mexico
  
  
  
  

Europe

• France


• Germany


• UK


• Spain


• Italy


• Rest of Europe

Asia-Pacific

• India


• China


• Japan


• South Korea


• Australia


• Rest of Asia-Pacific

LAMA

• Brazil


• Saudi Arabia


• South Africa


• Rest of LAMEA

Report Scope:

Report Attribute/Metric	Details
Market Size	2022: USD 148 Million 2030: Significant Value
CAGR	15.2% (2022-2030)
Base Year	2021
Forecast Period	2022-2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	material, application, end-use industry, and region
Geographies Covered	North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Key Vendors	Surmet Corporation (US), CoorsTek Inc (US), Konoshima Chemicals Co., Ltd (Japan), Saint-Gobain (France), CeramTec (Germany), Murata Manufacturing Co., Ltd (Japan), CeraNova (US), Schott AG (Germany), Shanghai SICCAS (China), Kyocera Corporation (Japan), II-VI Optical Systems Inc (US), Brightcrystals Technology Inc (China), CILAS (France), Ceranova Corporation (US), Koninklijke Philips N.V. (The Netherlands), General Electric (US).
Key Market Opportunities	The manufacturing of these ceramics is cost-effective as compared to the substitutes present in the market
Key Market Drivers	Enabling the use of optical ceramics in the production for commercial and military aircraft engines, domes and radome are made for withstanding harsh conditions, which is expected to increase their demand

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