Monocrystalline Transparent Ceramics Market - Forecast(2024 - 2030)

Report Code: CMR 80551 Report Format: PDF + Excel
The monocrystalline transparent ceramics market size is forecast to reach around $500 million by 2025, after growing at a CAGR of 21% during 2020-2025. The demand for monocrystalline transparent ceramics is growing due to its superior mechanical properties across various applications as a substitute to the traditional glass. The Monocrystalline transparent ceramic offers various benefits such as reduced optical loss, better durability, and improved reliability, that makes it as an useful product across defense, automotive, and electric and electronics sectors. Besides, the growing investment by the defense sector for the development of advanced materials and equipment’s and associated technologies including ballistic-protecting armor and windows, face-shield, and night vision goggles further propels the growth of Monocrystalline Transparent Ceramics market size during the forecast period. 

Report Coverage
The report: “Global Monocrystalline Transparent Ceramics Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Global Monocrystalline Transparent Ceramics Industry. 

By Material Type: Aluminum Oxynitride, Sapphire, Yttria (Y2O3), and Others
By Application: Healthcare/Medical, Optics & Optoelectronics, Aerospace & Defence Security, Mechanical/Chemical, Sensors & Instrumentation, Energy and Power, and Others
By Geography: North America, South America, Europe, APAC, and RoW

Key Takeaways
  • In Asia-Pacific region, China and India are the major emerging market for the Monocrystalline Transparent Ceramics owing to growing industrialization and developing aviation sector. 
  • In comparison with the resin optical materials, Monocrystalline transparent ceramics are stronger, harder, more resistant to corrosion, and high temperature can be used in extremely severe conditions. These properties are likely to aid in the growth of global Monocrystalline Transparent Ceramics market industry.
  • The high cost of the Monocrystalline Transparent Ceramics is hampering the growth of Monocrystalline Transparent Ceramics market share during the forecast period.
  • The outbreak of COVID-19 is also considered as the major restraining factor to the market growth over the forecast period. COVID-19 pandemic has badly impacted the global supply chain and world economy. Besides, Industries are being shuttered all around the globe due to lockdown. Hence, demand is declining from various industry verticals acts as a restraining factor to the market growth. 

Material Type - Segment Analysis
The sapphire segment is projected to witness a highest CAGR of around 25% in the Monocrystalline Transparent Ceramics market during the forecast period due to widely used in the various application include optoelectronics, energy, aerospace, and defense security. Furthermore, due to high electrical resistance, high mechanical and dielectric strength, and high ultraviolet and infrared optical characteristics makes make sapphire the most widely used material in cutting tools and lasers applications. 

Application - Segment Analysis
The Optics & optoelectronics segment held the largest share of more than 22% in the global Monocrystalline Transparent Ceramics market in 2019. This is attributed to the growing uses of sapphire materials across various application of Optics & optoelectronics like photodiodes, phototransistors, lasers, laser diodes, LEDs, infrared homing for electromagnetic radiations, and optical fiber communications. Additionally, increasing use of high mechanical strength, high chemical and physical stability, and low absorption in the infrared range of Monocrystalline products for optics and optoelectronics is likely to drive the growth of this market during the forecast period.

Geography - Segment Analysis
Among the regions, the APAC holds the largest share of more than 35% in the global Monocrystalline Transparent Ceramics market followed by North America and Europe during the forecast period. The growing demand from electronics and aviation and defense industries across China and India is fuelling the growth of this market in the APAC region. Furthermore, the growing consumer and e-commerce sectors is also contributing for the growth of Monocrystalline Transparent Ceramics market share across the APAC region.

Drivers – Monocrystalline Transparent Ceramics Market

  • Growing medical sector worldwide 
The properties of Monocrystalline Transparent Ceramics include resistance from thermal expansion, high resistant to humidity, flexibility, excellent high-temperature electrical resistivity, and weathering conditions, which makes it extensively useful for various medical applications such as surgical tools, posterior capsular opacification, dental restoration, thermographic imaging, and medical imaging machines. Furthermore, the use of Monocrystalline transparent ceramics material offers various benefits in terms of quality, safety, and visibility.  Whereas, according to the Government of India (GoI), the Indian medical tourism market is growing at the rate of 18% and is expected to reach $ 9 billion by 2020. Furthermore, the Government of India (GoI) aims to invest 3% of the GDP in the healthcare sector by 2022 along with the country is also focusing on to open the number of medical colleges across the country. This growth in the medical sector is driving also contributing to the growth of the global Monocrystalline Transparent Ceramics market during the forecast period.
 
Challenges – Monocrystalline Transparent Ceramics Market

  • Selection of a proper material composition and availability of other alternatives
The selection of a proper material composition is one of the most challenging factors to destroy the optical uniformity of ceramic body and cause the scattering of light. Furthermore, the presence of lack of skilled labor and training centers are also hampering the market growth. However, if there is a greater difference in material composition, then there should be a greater difference in refractive index that leads to lower the light transmittance of the whole ceramic. Hence, the highly skilled operator is required to select a proper material composition in order to maintain the quality of the end product like the crystal boundary region of Monocrystalline transparent ceramics should be thin, better light matching, no porosity and inclusion, and dislocation. However, the availability of polycrystalline transparent ceramics as an alternative material acts as a restraining factor for the growth of monocrystalline transparent ceramics market. 

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Monocrystalline Transparent Ceramics market report. In 2019, the market of Monocrystalline Transparent Ceramics top 10 companies accounting for xx% of the share. Major players in the Monocrystalline Transparent Ceramics industry outlook are Murata Manufacturing Co., Ltd., Ceranova Corporation, Ceramtec-Etec GmbH, Konoshima Chemicals Co., Ltd., Schott AG, Advanced Ceramic Manufacturing, LLC, Ceradyne Inc., CILAS, and Brightcrystals Technology Inc., Coorstek, Inc., Surmet Corporation, among others. 

Acquisitions/Technology Launches
  • In 2018, CeraNova Corporation, completed the process for ISO 9001:2015 Certification and received its ISO Certificate from CIC Management, LLC. With this certificate, the products and services provided by CeraNova meet certified quality processes and standards along with meet customer requirements and enhance customer satisfaction.

1. Monocrystalline Transparent Ceramics Market - Market Overview
    1.1 Definitions and Scope
2. Monocrystalline Transparent Ceramics Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Material Type
    2.3 Key Trends by Application
    2.4 Key Trends by Geography
3. Monocrystalline Transparent Ceramics Market - Landscape
    3.1 Comparative analysis
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Monocrystalline Transparent Ceramics Market - Startup companies Scenario Premium (Premium)
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Monocrystalline Transparent Ceramics Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Monocrystalline Transparent Ceramics Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Monocrystalline Transparent Ceramics Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Product life cycle
    7.4 Suppliers and distributors Analysis
8. Monocrystalline Transparent Ceramics Market – By Material Type (Market Size -$Million, KT)
    8.1 Aluminum Oxynitride 
    8.2 Sapphire
    8.3 Yttria (Y2O3)
    8.4 Others
9. Monocrystalline Transparent Ceramics Market – By Application (Market Size -$Million, KT)
    9.1 Healthcare/Medical
    9.2 Optics & Optoelectronics
    9.3 Aerospace & Defence Security
    9.4 Mechanical/Chemical
    9.5 Sensors & Instrumentation
    9.6 Energy and Power
    9.7 Others 
10. Monocrystalline Transparent Ceramics Market - By Geography (Market Size -$Million / KT)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.2.4 Rest of South America
    10.3 Europe
        10.3.1 U.K
        10.3.2 Germany
        10.3.3 Italy
        10.3.4 France
        10.3.5 Spain
        10.3.6 Netherlands
        10.3.7 Russia
        10.3.8 Rest of Europe
    10.4 Asia-Pacific
        10.4.1 China
        10.4.2 India
        10.4.3 Japan
        10.4.4 Australia & New Zealand (ANZ)
        10.4.5 South Korea
        10.4.6 Rest of Asia-Pacific
    10.5 ROW
        10.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 UAE
            10.5.1.3 Israel
            10.5.1.4 Rest of Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of South Africa
11. Monocrystalline Transparent Ceramics Market - Entropy
    11.1 New Product Launches
    11.2 M&A’s, Collaborations, JVs and Partnerships
12. Market Share Analysis (Premium)
    12.1 Market Share by Country- Top companies
    12.2 Market Share by Region- Top companies
    12.3 Market Share by type of Product / Product category- Top companies
    12.4 Market Share at global level- Top companies
    12.5 Best Practices for companies
13. Monocrystalline Transparent Ceramics Market - List of Key Companies by Country (Premium) 
14. Monocrystalline Transparent Ceramics Market - Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Global Monocrystalline Transparent Ceramic Market, By Material Market 2023-2030 ($M)
1.1 Introduction Market 2023-2030 ($M) - Global Industry Research
1.2 Sapphire Market 2023-2030 ($M) - Global Industry Research
1.3 Yttrium Aluminum Garnet Market 2023-2030 ($M) - Global Industry Research
1.4 Aluminum Oxynitride Market 2023-2030 ($M) - Global Industry Research
1.5 Yttria Market 2023-2030 ($M) - Global Industry Research
2.Global Global Monocrystalline Transparent Ceramic Market, By Material Market 2023-2030 (Volume/Units)
2.1 Introduction Market 2023-2030 (Volume/Units) - Global Industry Research
2.2 Sapphire Market 2023-2030 (Volume/Units) - Global Industry Research
2.3 Yttrium Aluminum Garnet Market 2023-2030 (Volume/Units) - Global Industry Research
2.4 Aluminum Oxynitride Market 2023-2030 (Volume/Units) - Global Industry Research
2.5 Yttria Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Global Monocrystalline Transparent Ceramic Market, By Material Market 2023-2030 ($M)
3.1 Introduction Market 2023-2030 ($M) - Regional Industry Research
3.2 Sapphire Market 2023-2030 ($M) - Regional Industry Research
3.3 Yttrium Aluminum Garnet Market 2023-2030 ($M) - Regional Industry Research
3.4 Aluminum Oxynitride Market 2023-2030 ($M) - Regional Industry Research
3.5 Yttria Market 2023-2030 ($M) - Regional Industry Research
4.South America Global Monocrystalline Transparent Ceramic Market, By Material Market 2023-2030 ($M)
4.1 Introduction Market 2023-2030 ($M) - Regional Industry Research
4.2 Sapphire Market 2023-2030 ($M) - Regional Industry Research
4.3 Yttrium Aluminum Garnet Market 2023-2030 ($M) - Regional Industry Research
4.4 Aluminum Oxynitride Market 2023-2030 ($M) - Regional Industry Research
4.5 Yttria Market 2023-2030 ($M) - Regional Industry Research
5.Europe Global Monocrystalline Transparent Ceramic Market, By Material Market 2023-2030 ($M)
5.1 Introduction Market 2023-2030 ($M) - Regional Industry Research
5.2 Sapphire Market 2023-2030 ($M) - Regional Industry Research
5.3 Yttrium Aluminum Garnet Market 2023-2030 ($M) - Regional Industry Research
5.4 Aluminum Oxynitride Market 2023-2030 ($M) - Regional Industry Research
5.5 Yttria Market 2023-2030 ($M) - Regional Industry Research
6.APAC Global Monocrystalline Transparent Ceramic Market, By Material Market 2023-2030 ($M)
6.1 Introduction Market 2023-2030 ($M) - Regional Industry Research
6.2 Sapphire Market 2023-2030 ($M) - Regional Industry Research
6.3 Yttrium Aluminum Garnet Market 2023-2030 ($M) - Regional Industry Research
6.4 Aluminum Oxynitride Market 2023-2030 ($M) - Regional Industry Research
6.5 Yttria Market 2023-2030 ($M) - Regional Industry Research
7.MENA Global Monocrystalline Transparent Ceramic Market, By Material Market 2023-2030 ($M)
7.1 Introduction Market 2023-2030 ($M) - Regional Industry Research
7.2 Sapphire Market 2023-2030 ($M) - Regional Industry Research
7.3 Yttrium Aluminum Garnet Market 2023-2030 ($M) - Regional Industry Research
7.4 Aluminum Oxynitride Market 2023-2030 ($M) - Regional Industry Research
7.5 Yttria Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
2.Canada Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
3.Mexico Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
4.Brazil Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
5.Argentina Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
6.Peru Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
7.Colombia Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
8.Chile Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
9.Rest of South America Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
10.UK Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
11.Germany Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
12.France Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
13.Italy Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
14.Spain Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
15.Rest of Europe Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
16.China Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
17.India Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
18.Japan Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
19.South Korea Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
20.South Africa Monocrystalline Transparent Ceramics Market Revenue, 2023-2030 ($M)
21.North America Monocrystalline Transparent Ceramics By Application
22.South America Monocrystalline Transparent Ceramics By Application
23.Europe Monocrystalline Transparent Ceramics By Application
24.APAC Monocrystalline Transparent Ceramics By Application
25.MENA Monocrystalline Transparent Ceramics By Application
26.Brightcrystals Technology Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Ceramtec Etec, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Ceranova Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Cilas, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Coorstek Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Ii-Vi Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Konoshima Chemical Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Murata Manufacturing Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Schott Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Surmet Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)