Market for NLO Crystals Sees Uptick with Growing Demand for Frequency Conversion Devices
Market Overview The global non-linear optical (NLO) crystal market was valued at USD 4,592.74 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.1% during the forecast period. Non-linear optical crystals are essential in converting laser frequencies, modulating light, and amplifying optical signals, finding widespread application in telecommunications, laser technology, and quantum computing. The market is witnessing a rapid upswing due to increasing adoption of laser-based technologies across multiple industries. The evolution of photonic and optoelectronic technologies has increased demand for high-performance NLO crystals. As industries transition towards faster, more precise optical systems, non-linear crystals are becoming critical components in ensuring accuracy, efficiency, and scalability. With the integration of these crystals in laser systems, LiDAR sensors, and medical devices, the global NLO crystal market is fore...