Optics & optoelectronics is the largest and fastest-growing end-use industry of optical ceramics market
The market size of optical ceramics is estimated at USD 148 million in 2018 and is projected to reach USD
297 million by 2023, at a CAGR of 15%, between 2018 and 2023. The global
optical ceramics market is driven by the increasing defense expenditure on
advanced materials and technologies. Optical ceramics are used as a substitute
for glass, metals, and plastics, which is boosting the market.
Optical ceramics are widely used in the defense sector in for
various applications such as reconnaissance & sensor windows, night vision
systems, windows for laser communications, and others. These ceramics are also
used in electromagnetic (EM) radomes, IR domes, sensor protection, and
multi-spectral windows due to their abrasion resistance and excellent thermal
stability. Optical ceramic materials, including sapphire, are used in
high-speed infrared-guided missile domes. Increasing demand for optical
ceramics in these industries is fueling the optical ceramics market.
Optical ceramics are an alternative to single-crystal
technology and conventional glass technologies in various new applications,
including infrared domes and high-energy radiation detection. The technological
advancement in the production of optical ceramics has led to the usage of
optical ceramics in niche applications such as inertial confinement nuclear
fusion and automobiles. Thus, the increasing demand for optical ceramics in
niche applications is providing excellent growth opportunities for the
manufacturers.
Sapphire is the largest and fastest-growing material for
optical ceramics owing to the presence of a large number of manufacturers
producing this material. Also, sapphire finds use in an array of end-use
industries such as optoelectronics and aerospace and defense & security,
which is driving the market. Sapphire can be manufactured in complex geometries
and large sizes at high volume, which makes it ideal for use in several optical
applications. It exhibits optical properties and is transparent from
near-ultraviolet through mid-wave infrared frequencies, which is boosting the
demand for sapphire in precision optical components.
Optics &
optoelectronics is the largest and fastest-growing end-use industry of optical ceramics market. This
industry is engaged in the production of optical systems, including optical
measurement and laser technology. Optical ceramics find use in a wide range of
optical applications such as CMOS (complementary metal–oxide–semiconductor)
image sensors, displays, couplers, laser pick-ups, lamps (primarily LEDs),
infrared, CCD (charge-coupled devices) image sensors, and laser transmitters.
The increasing investment in optoelectronics manufacturing and the usage of
optical ceramics in these products has led to the growth of the market in the
optics & optoelectronics end-use industry.
APAC is the
fastest-growing market, in terms of both production and demand. China is the leading consumer of
optical ceramics in the region owing to the presence of a developed electronics
sector, high domestic demand, and easy availability of raw materials. APAC is
the strategic location for manufacturing optoelectronic components due to the
availability of low-cost labor and growing demand from end-use industries.
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China, Japan, and India are the major markets
for optical ceramics in the region owing
to the growth of optoelectronics applications in these countries. Increasing
opportunities from the optoelectronics industry in China, Japan, and India,
along with the rise in demand from other countries, including Taiwan and South
Korea are expected to support the APAC optical ceramics market in gaining
significant momentum.
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