Optical Ceramics Market

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Optical Ceramics Market Segmentation
           1.3.2 Regions Covered
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Opportunities in the Optical Ceramics Market
    4.2 Optical Ceramics Market, By Material
    4.3 Optical Ceramics Market, By Country
    4.4 North America: Optical Ceramics Market, By End-Use Industry and Country

5 Market Overview (Page No. - 30)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Substitute to Glass, Metals, and Plastics
                    5.2.1.2 Increasing Defense Expenditure on Advanced Materials and Technologies
           5.2.2 Restraints
                    5.2.2.1 High Cost of Optical Ceramics
           5.2.3 Opportunities
                    5.2.3.1 Increasing Demand in Niche Applications
           5.2.4 Challenges
                    5.2.4.1 Optical Ceramics Cannot Be Recycled and Repaired
    5.3 Porter’s Five Forces Analysis
           5.3.1 Bargaining Power of Suppliers
           5.3.2 Bargaining Power of Buyers
           5.3.3 Threat of New Entrants
           5.3.4 Threat of Substitutes
           5.3.5 Intensity of Competitive Rivalry

6 Optical Ceramics Market, By Type (Page No. - 35)
    6.1 Introduction
    6.2 Monocrystalline Optical Ceramics
    6.3 Polycrystalline Optical Ceramics

7 Optical Ceramics Market, By Material (Page No. - 36)
    7.1 Introduction
    7.2 Sapphire
           7.2.1 Innumerable Properties of Sapphire Contribute to Its Wide Use in Ceramics
    7.3 Aluminum Oxynitride
           7.3.1 Aluminum Oxynitride is Widely Used in Aerospace and Defense & Security End-Use Industries
    7.4 Spinel
           7.4.1 Presence of High Optical and Mechanical Properties in Spinel is Increasing Its Demand in Next-Generation Infrared Imaging Systems
    7.5 Yttrium Aluminum Garnet (YAG)
           7.5.1 Demand for YAG is Growing Because of Its Unique Homogeneous Optical Properties
    7.6 Others

8 Optical Ceramics Market, By End-Use Industry (Page No. - 42)
    8.1 Introduction
    8.2 Optics & Optoelectronics
           8.2.1 Increasing Use in Niche Applications is Driving the Market in This Segment
    8.3 Aerospace and Defense & Security
           8.3.1 Growing Technological Advancements in the Defense & Security Industry is A Major Market Driver
    8.4 Energy
           8.4.1 Low Thermal Expansion and Excellent Retention of Mechanical Properties at Elevated Temperatures Under High Pressures are the Factors Driving the Market in This Segment
    8.5 Others

9 Optical Ceramics Market, By Region (Page No. - 46)
    9.1 Introduction
    9.2 North America
           9.2.1 US
                    9.2.1.1 There is A High Demand for Optical Ceramics in the US Due to Expanding Niche Application Segments
           9.2.2 Canada
                    9.2.2.1 Rising Demand for Optical Ceramics in Various Industries is Driving the Market
           9.2.3 Mexico
                    9.2.3.1 Rapid Economic Expansion in Mexico is Expected to Drive the Market
    9.3 Europe
           9.3.1 Germany
                    9.3.1.1 Strong Manufacturing Base and Cost Efficiency are Driving the Market
           9.3.2 Russia
                    9.3.2.1 Optics & Optoelectronics is the Fastest Growing End-Use Industry of Optical Ceramics in the Country
           9.3.3 France
                    9.3.3.1 Economic Growth of the Country is Expected to Boost the Market in the Future
           9.3.4 UK
                    9.3.4.1 UK’s Huge Aerospace Industry is Contributing to the Market Growth
           9.3.5 Italy
                    9.3.5.1 Increasing Demand for Electronic Products is Boosting the Demand for Optical Ceramics
           9.3.6 Spain
                    9.3.6.1 Innovations in the Optics & Optoelectronics Industry are Leading to an Increase in the Use of Optical Ceramics
           9.3.7 Rest of Europe
    9.4 APAC
           9.4.1 China
                    9.4.1.1 Availability of Necessary Minerals for Manufacturing Optical Ceramics is Fueling the Market
           9.4.2 Japan
                    9.4.2.1 Increasing Demand in Aerospace and Defense & Security Industry in the Country is Resulting in High Growth of the Optical Ceramics Market
           9.4.3 South Korea
                    9.4.3.1 Strong Manufacturing Base for Electronic Devices and Components in the Country is Driving the Market
           9.4.4 India
                    9.4.4.1 Rapid Growth in the Electrical & Electronics Industry is Boosting the Demand for Optical Ceramics
           9.4.5 Taiwan
                    9.4.5.1 Fast Growing Electronics Industry and Large Consumer Base for Optical Ceramics is Driving the Demand
           9.4.6 Rest of APAC
    9.5 South America
           9.5.1 Brazil
                    9.5.1.1 Growing Population, Improving Per Capita Income, and Stable Economic Growth are Likely to Drive the Market
           9.5.2 Argentina
                    9.5.2.1 Increasing Demand for Optics & Optoelectronics Products is Expected to Drive the Optical Ceramics Market
           9.5.3 Rest of South America
    9.6 Middle East & Africa
           9.6.1 Saudi Arabia
                    9.6.1.1 Current Economic Growth and the Growing Use of Electronic Devices Have Increased the Demand for Optical Ceramics
           9.6.2 South Africa
                    9.6.2.1 Urbanization is the Major Market Driver in This Country
           9.6.3 Rest of Middle East & Africa

10 Competitive Landscape (Page No. - 74)
     10.1 Overview
     10.2 Competitive Leadership Mapping, 2018
             10.2.1 Terminology/Nomenclature
                        10.2.1.1 Visionary Leaders
                        10.2.1.2 Innovators
                        10.2.1.3 Dynamic Differentiators
                        10.2.1.4 Emerging Companies
             10.2.2 Strength of Product Portfolio
             10.2.3 Business Strategy Excellence
     10.3 Market Ranking of Key Players, 2017
     10.4 Competitive Scenario
             10.4.1 New Product & New Technology Launch, 2013–2019
             10.4.2 Expansion, 2013–2019
             10.4.3 Merger & Acquisition, 2013–2019

11 Company Profiles (Page No. - 83)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     11.1 II-VI Optical Systems
     11.2 Ceranova
     11.3 Ceramtec
     11.4 Surmet Corporation
     11.5 Schott AG
     11.6 Coorstek
     11.7 Murata
     11.8 Konoshima Chemicals
     11.9 Kyocera
     11.10 Saint-Gobain
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
     11.11 Other Players
             11.11.1 Advanced Ceramic Manufacturing
             11.11.2 Blasch Precision Ceramics
             11.11.3 Ceradyne, Inc.
             11.11.4 Mcdanel Advanced Ceramic Technologies
             11.11.5 Rauschert GmbH
             11.11.6 Siccas
             11.11.7 Ird Glass
             11.11.8 Cilas
             11.11.9 Applied Ceramics
             11.11.10 Rayotek Scientific Inc.

12 Appendix (Page No. - 107)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets Subscription Portal
     12.3 Available Customizations
     12.4 Related Reports
     12.5 Author Details

List of Tables (61 Figures)

Table 1 Optical Ceramics Market Size, By Material, 2016-2023 (USD Thousand)
Table 2 Sapphire Market Size for Optical Ceramics, By Region, 2016-2023 (USD Thousand)
Table 3 Aluminum Oxynitride Market Size for Optical Ceramics, By Region, 2016-2023 (USD Thousand)
Table 4 Spinel Market Size for Optical Ceramics, By Region, 2016-2023 (USD Thousand)
Table 5 Yttrium Aluminum Garnet Market Size for Optical Ceramics, By Region, 2016-2023 (USD Thousand)
Table 6 Others Market Size for Optical Ceramics, By Region, 2016-2023 (USD Thousand)
Table 7 Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 8 Optical Ceramics Market Size in Optics & Optoelectronics End-Use Industry, By Region, 2016–2023 (USD Thousand)
Table 9 Optical Ceramics Market Size in Aerospace and Defense & Security End-Use Industry, By Region, 2016–2023 (USD Thousand)
Table 10 Optical Ceramics Market Size in Energy End-Use Industry, By Region, 2016–2023 (USD Thousand)
Table 11 Optical Ceramics Market Size in Other End-Use Industries, By Region, 2016–2023 (USD Thousand)
Table 12 Optical Ceramics Market Size, By Region, 2016–2023 (USD Thousand)
Table 13 North America: Optical Ceramics Market Size, By Country, 2016–2023 (USD Thousand)
Table 14 North America: Optical Ceramics Market Size, By Material, 2016–2023 (USD Thousand)
Table 15 North America: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 16 North America: Optical Ceramics Market Size in Optics & Optoelectronics Industry, By Country, 2016–2023 (USD Thousand)
Table 17 North America: Optical Ceramics Market Size in Aerospace and Defense & Security Industry, By Country, 2016–2023 (USD Thousand)
Table 18 North America: Optical Ceramics Market Size Energy in Industry, By Country, 2016–2023 (USD Thousand)
Table 19 North America: Optical Ceramics Market Size in Others Industry, By Country, 2016–2023 (USD Thousand)
Table 20 US: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 21 Canada: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 22 Mexico: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 23 Europe: Optical Ceramics Market Size, By Country, 2016–2023 (USD Thousand)
Table 24 Europe: Optical Ceramics Market Size, By Material, 2016–2023 (USD Thousand)
Table 25 Europe: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 26 Europe: Optical Ceramics Market Size in Optics & Optoelectronics Industry, By Country, 2016–2023 (USD Thousand)
Table 27 Europe: Optical Ceramics Market Size in Aerospace and Defense & Security Industry, By Country, 2016–2023 (USD Thousand)
Table 28 Europe: Optical Ceramics Market Size in Energy Industry, By Country, 2016–2023 (USD Thousand)
Table 29 Europe: Optical Ceramics Market Size in Others Industry, By Country, 2016–2023 (USD Thousand)
Table 30 Germany: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 31 Russia: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 32 France: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 33 UK: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 34 Italy: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 35 Spain: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 36 Rest of Europe: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 37 APAC: Optical Ceramics Market Size, By Country, 2016–2023 (USD Thousand)
Table 38 APAC: Optical Ceramics Market Size, By Material, 2016–2023 (USD Thousand)
Table 39 APAC: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 40 APAC: Optical Ceramics Market Size in Optics & Optoelectronics Industry, By Country, 2016–2023 (USD Thousand)
Table 41 APAC: Optical Ceramics Market Size in Aerospace and Defense & Security, Industry, By Country, 2016–2023 (USD Thousand)
Table 42 APAC: Optical Ceramics Market Size in Energy Industry, By Country, 2016–2023 (USD Thousand)
Table 43 APAC: Optical Ceramics Market Size in Others Industry, By Country, 2016–2023 (USD Thousand)
Table 44 China: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 45 Japan: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 46 South Korea: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 47 India: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 48 Taiwan: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 49 Rest of APAC: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 50 South America: Optical Ceramics Market Size, By Country, 2016–2023 (USD Thousand)
Table 51 South America: Optical Ceramics Market Size, By Material, 2016–2023 (USD Thousand)
Table 52 South America: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 53 Brazil: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 54 Argentina: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 55 Rest of South America: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 56 Middle East & Africa: Optical Ceramics Market Size, By Country, 2016–2023 (USD Thousand)
Table 57 Middle East & Africa: Optical Ceramics Market Size, By Material, 2016–2023 (USD Thousand)
Table 58 Middle East & Africa: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 59 Saudi Arabia: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 60 South Africa: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 61 Rest of Middle East & Africa: Optical Ceramics Market Size, By End-Use Industry, 2016–2023 (USD Thousand)

List of Figures (33 Figures)

Figure 1 Optical Ceramics Market: Research Design
Figure 2 Optical Ceramics Market: Bottom-Up Approach
Figure 3 Optical Ceramics Market: Top-Down Approach
Figure 4 Optical Ceramics Market: Data Triangulation
Figure 5 Sapphire Led the Optical Ceramics Market in 2017
Figure 6 Optics & Optoelectronics to Be the Fastest-Growing End-Use Industry of Optical Ceramics
Figure 7 APAC to Be the Fastest-Growing Optical Ceramics Market
Figure 8 Increasing Use of Optical Ceramics in Optics & Optoelectronics Industry to Boost the Market
Figure 9 Sapphire to Be the Largest Material for Optical Ceramics
Figure 10 China to Register the Highest CAGR
Figure 11 Optics & Optoelectronics Segment and US Accounted for the Largest Market Share
Figure 12 Drivers, Restraints, Opportunities, and Challenges in the Optical Ceramics Market
Figure 13 Optical Ceramics Market: Porter’s Five Forces Analysis
Figure 14 Sapphire Segment to Lead the Optical Ceramics Market
Figure 15 Optics & Optoelectronics to Lead the Optical Ceramics Market
Figure 16 APAC to Lead the Optical Ceramics Market
Figure 17 Optical Ceramics Market in China to Register the Highest CAGR (2018-2023)
Figure 18 North America: Optical Ceramics Market Snapshot
Figure 19 Europe: Optical Ceramics Market Snapshot
Figure 20 APAC: Optical Ceramics Market Snapshot
Figure 21 Companies Adopted Expansion and Merger & Acquisition as the Key Strategies Between 2013 and 2019
Figure 22 Optical Ceramics Market: Competitive Leadership Mapping, 2018
Figure 23 Market Ranking, 2017
Figure 24 II-VI Optical Systems: SWOT Analysis
Figure 25 Ceranova: SWOT Analysis
Figure 26 Ceramtec: Company Snapshot
Figure 27 Ceramtec: SWOT Analysis
Figure 28 Surmet Corporation: SWOT Analysis
Figure 29 Schott AG: Company Snapshot
Figure 30 Schott AG: SWOT Analysis
Figure 31 Murata: Company Snapshot
Figure 32 Kyocera: Company Snapshot
Figure 33 Saint-Gobain: Company Snapshot

The study involves four major activities in estimating the current market size of optical ceramics. Exhaustive secondary research was carried out to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methodologies were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers and Bloomberg BusinessWeek, were referred to, to identify and collect information for this study. Secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, optical ceramics organizations, regulatory bodies, and databases were also referred.

Primary Research 

The optical ceramics market comprises several stakeholders such as raw material suppliers, distributors of optical ceramics, optical ceramics associations, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market consists of optoelectronics and aerospace and defense & security industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary interviews

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the optical ceramics market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size included the following:

• The key players in the industry and markets were identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides, in the optics & optoelectronics, aerospace and defense & security, and energy end-use industries.

Objectives of the Study:

• To define, describe, and forecast the optical ceramics market on the basis of material, end-use industry, and region
• To forecast the market size, in terms of value, of segments with respect to five key regions (along with their countries) namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America
• To strategically analyze the market segments with respect to material and end-use industry
• To provide detailed information regarding the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
• To analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
• To track and analyze competitive developments, such as joint venture, merger & acquisition, and new product launch in the optical ceramics market
• To strategically profile key players and their core competencies in the market

Note: Core competencies of companies are determined in terms of the key developments, SWOT analysis, and key strategies adopted by them to sustain in the market.

Scope of the report

This research report categorizes the optical ceramics market based on material, end-use industry, and region.

On the basis of material, the optical ceramics market has been segmented as follows:

• Sapphire
• Aluminum Oxynitride
• Spinel
• Yttrium Aluminum Garnet
• Others

On the basis of end-use industry, the optical ceramics market has been segmented as follows:

• Optics & optoelectronics
• Aerospace and defense & Security
• Energy
• Others

On the basis of region, the optical ceramics market has been segmented as follows:

• Europe
• North America
• APAC
• Middle East & Africa
• South America

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies along with the market data. The following customization options are available for this report:

Product Analysis

• A product matrix that provides a detailed comparison of the product portfolio of each company

Regional Analysis

• Further breakdown of the Rest of APAC and Rest of Europe optical ceramics markets

Company Information

• Detailed analysis and profiles of additional market players