Lithium tantalate (LiTaO3, LT) crystal is an important ferroelectric material. It has both chemical and mechanical stability as well as a high optical damage threshold. Lithium tantalate exhibits unique electro-optical, pyroelectric and piezoelectric properties combined with good mechanical and chemical stability and wide transparency range and high optical damage threshold. This makes LiTaO3 well-suited for numerous applications including electro-optical modulators, pyroelectric detectors, optical waveguide and SAW substrates, piezoelectric transducers etc.
LPI (LP Information)’ newest research report, the “Lithium Tantalate Crystal Industry Forecast” looks at past sales and reviews total world Lithium Tantalate Crystal sales in 2022, providing a comprehensive analysis by region and market sector of projected Lithium Tantalate Crystal sales for 2023 through 2029. With Lithium Tantalate Crystal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium Tantalate Crystal industry.
This Insight Report provides a comprehensive analysis of the global Lithium Tantalate Crystal lands cape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lithium Tantalate Crystal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lithium Tantalate Crystal market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium Tantalate Crystal and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Phosphoric Acid.
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The global Lithium Tantalate Crystal market size is projected to grow from US$ 149.7 million in 2022 to US$ 164.4 million in 2029; it is expected to grow at a CAGR of 164.4 from 2023 to 2029.
Global Lithium Tantalate Crystal key players include Sumitomo Metal Mining, Shin-Etsu Chemical, Oxide Corporation, Korth Kristalle, Orient Tantalum Industry, etc. Global top five manufacturers hold a share over 75%.
US is the largest market, with a share over 10%, followed by China and Europe, both have a share over 5%.
In terms of product, Acoustic Grade is the largest segment, with a share over 55%. And in terms of application, the largest application is Surface Acoustic Wave, followed by Electro-Optical, Piezoelectric Transducers, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithium Tantalate Crystal market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Lithium Tantalate Crystal Includes:
Sumitomo Metal Mining
Shin-Etsu Chemical
Orient Tantalum Industry
Oxide Corporation
Korth Kristalle
SIOM
Castech
CETC
Crystalwise
Shanghai Dongcheng Electronic Materials
United Crystal
Dayoptics
Market Segment by Type, covers:
Acoustic Grade
Optical Grade
Others
Market Segment by Applications, can be divided into:
Surface Acoustic Wave
Electro-Optical
Piezoelectric Transducers
Pyroelectric
Others
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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