QYR Market Research Global LiNbO3 Crystal market research | Page 3

QYResearch
• Lithium niobate (LiNbO3) is a compound of niobium, lithium, and oxygen.
Its single crystals are an important material for optical waveguides,
Electro-Opticals, piezoelectric sensors, optical modulators and various
other linear and non-linear optical applications.
• The global revenue of LiNbO3 Crystal market was valued at 124.48 M
USD in 2016 and is expected to reach USD 145.53 M USD in 2022. In
the future five years, we predict the CAGR of global revenue is 2.26%.
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