MARKET OVERVIEW
Lithium Niobate (LiNbO3) is a synthetic salt composed of lithium, niobium, and oxygen. When in single-crystal form, it exhibits a unique combination of physical properties such as:
High nonlinear optical coefficients
Electro-optic capabilities
Piezoelectric properties
MARKET SIZE & GROWTH
• The global Lithium Niobate Single Crystal Market was valued at $175 million in 2024.
• It is projected to reach $279 million by 2031.
• The market is expected to grow at a CAGR of 7.1% during the forecast period.
