Affordability Over Naturally Mined Diamonds is to Drive the Market
The CVD lab-grown diamonds market is projected to grow from USD 11.3 billion in 2022 to USD 15.9 billion by 2027, at a CAGR of 7.1% from 2022 to 2027. The global market for CVD lab-grown diamonds is driven by the considerably low cost of these gems along with the lower environmental impact caused during the CVD manufacturing process as compared to the mining of natural diamonds.
By type, the rough diamonds segment is projected to be the largest through the forecast period.
Based on type, the rough segment is projected to hold the largest share through the forecast period. This dominance is attributed to the identical properties of CVD diamonds as compared to mined diamonds, making them suitable for the development of industrial tools for cutting and abrasive applications. In fact, according to the US Geological Survey, about 99% of the industrial diamond tools manufactured in the US are developed using CVD lab-grown diamond technology. Rough diamonds are not only used in abrasive applications but are also utilized in electronics and healthcare applications. With the demand growth in the nanoelectronics and quantum electronics sectors, the market prospects of this segment are projected to brighten through the forecast period.
The colored segment is projected to grow at the highest CAGR during the forecast period.
Based on the color, the colored segment is projected to grow at the highest CAGR during the forecast period. Colored diamonds are sought by consumers for differentiating their jewelry from commonly available colorless counterparts. Thus. colored CVD lab-grown diamonds are swiftly gaining popularity as gemstones. As greater control could be exerted during the production of CVD lab-grown diamonds, these diamonds could be rightly colored as per the requirement of the client. Some optic companies require specifically colored diamonds for state-of-the-art applications, which shall further lead to a push in demand for colored CVD diamonds in the global market.
The machine & cutting tools segment shall account for the maximum demand for CVD lab-grown diamonds.
Based on the application, the machine & cutting tolls segment is estimated to account for the largest share through the forecast period. Diamond classifies as one of the strongest naturally available materials to mankind, with a score of 10 on Mohs hardness scale. Hence, it is largely being used for machining and cutting other high-strength materials such as metals, plastics, and ceramics. However, as CVD lab-grown diamonds are considerably cheaper and are produced with higher control on quality in about 2-3 months as compared to the centuries required for natural diamonds, they are swiftly replacing mined diamonds in abrasive application areas.
North America is projected to be the largest regional market for CVD lab-grown diamonds during the forecast period.
North America is projected to hold the dominant share in the CVD lab-grown diamond market through the forecast period. The US is the largest consumer of CVD lab-grown diamonds owing to rising demand from both industrial as well as gemstone sectors. The US is one of the largest manufacturing countries for cutting & machine tools. Also, the automotive and aerospace industries in the region have presented large demand for diamond tools for cutting and shaping materials such as carbon fiber-reinforced plastics (CFRP). On the other hand, owing to their lower cost, the millennial generation in the US has started considering the purchase of CVD diamonds for their jewelry products. According to a survey by Natural Diamond Council (NDC), about 70% of the millennials and gen Z are considering buying lab-grown diamonds for their engagement rings and jewelry creations. Thus, it is projected that the demand for CVD lab-grown diamonds shall further inflate through the forecast period.
Profile break-up of primary participants for the report:
- By Company Type: Tier 1 - 50%, Tier 2 - 35%, and Tier 3 - 15%
- By Designation: C-level Executives - 38%, Directors - 45%, and Others - 17%
- By Region: North America - 30%, Europe - 24%, Asia Pacific - 34%, Middle East & Africa - 8%, and South America - 4%
The CVD lab-grown diamonds market is quite fragmented with a large number of regional players operating in the market. Key players operating in the market include De Beers (UK), Sumitomo Electric Industries Ltd. (Japan), Goldiam (India), and Adamas One Corp. (US). A few other key players operating in the market are Bhanderi Lab-grown Diamonds LLP (India), Hebei Plasma Diamond Technology Co., Ltd. (China), SP3 Diamond Technologies (US), Delaware Diamond Knives, Inc. (US), EDP Corporation (Japan), Tomei Diamond Corporation (Japan), Heyaru (Belgium), Beijing Worldia Diamond Tools Co., Ltd. (China), Ritani (US), and Shanghai Zhengshi Technology Co., Ltd. (China).
Research Coverage:
The report defines, segments, and projects the size of the CVD lab-grown diamonds market based on type, color, application, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also analyzes competitive developments, such as agreements, acquisitions, and new product developments undertaken by them in the market.
Reasons to Buy the Report:
This report is expected to help market leaders/new entrants by providing them with the closest approximations of revenue numbers of the CVD lab-grown diamond market and its segments. The report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and devise suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions and Exclusions
Table 1 CVD Lab-Grown Diamonds Market, by Type: Inclusions and Exclusions
Table 2 CVD Lab-Grown Diamonds Market, by Color: Inclusions and Exclusions
Table 3 CVD Lab-Grown Diamonds Market, by Application: Inclusions and Exclusions
Table 4 CVD Lab-Grown Diamonds Market, by Region: Inclusions and Exclusions
1.4 Market Scope
1.4.1 CVD Lab-Grown Diamonds Market Segmentation
1.4.2 Regions Covered
1.4.3 Years Considered
1.5 Currency Considered
1.6 Units Considered
1.7 Limitations
1.8 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 1 CVD Lab-Grown Diamonds Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 List of Participating Companies for Primary Research
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primary Interviews
Figure 2 Breakdown of Primary Interviews, by Company, Designation, and Region
2.2 Base Number Calculation
2.2.1 Supply-Side Approach
Figure 3 Base Number Calculation Methodology: Supply-Side Approach (Volume)
2.2.2 Demand-Side Approach
Figure 4 Base Number Calculation Methodology: Demand-Side Approach (Volume)
2.3 Market Size Estimation
Figure 5 Market Size Estimation: Bottom-Up Approach
Figure 6 Market Size Estimation: Top-Down Approach
2.4 Data Triangulation
Figure 7 Market Breakdown and Data Triangulation
2.5 CVD Lab-Grown Diamonds: Recession Impact
2.6 Research Assumptions
2.7 Research Limitations
3 Executive Summary
Figure 8 Rough Diamonds to Hold Largest Share of CVD Lab-Grown Diamonds, by Type
Figure 9 Colored Diamonds to Register Highest Growth in CVD Lab-Grown Diamonds Market, by Color
Figure 10 Cutting & Machine Tools to Dominate Applications Market
Figure 11 North America Accounted for Largest Market Share in 2021
4 Premium Insights
4.1 Attractive Opportunities for Key Players in CVD Lab-Grown Diamonds Market
Figure 12 Low Carbon Footprint of Manufacturing Process to Drive Demand for CVD Lab-Grown Diamonds
4.2 CVD Lab-Grown Diamonds Market Growth, by Type
Figure 13 Rough Diamonds to Lead Overall Market
4.3 CVD Lab-Grown Diamonds Market, by Color
Figure 14 Colorless Diamonds to Dominate Market by 2027 (Thousand Carats)
4.4 CVD Lab-Grown Diamonds Market, by Application
Figure 15 Gemstones to Register Highest Market Growth Rate
4.5 North America Lab-Grown Diamonds Market, by Application and Country, 2021
Figure 16 Cutting & Machine Tools Segment and Us to Lead North American Market
4.6 CVD Lab-Grown Diamonds Market: Major Countries
Figure 17 China to be Fastest-Growing Market (2022-2027)
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 18 CVD Lab-Grown Diamonds Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Growing Interest in CVD Lab-Grown Diamonds in Gem and Jewelry Sectors
Figure 19 Predicted Growth of Lab-Grown Diamonds Share
5.2.1.2 Affordability Over Naturally Mined Diamonds
Figure 20 Prices of Lab-Grown Diamonds Relative to Natural Diamonds
5.2.1.3 Better Control Over Impurities
5.2.2 Restraints
5.2.2.1 Unclear Long-Term Value
Figure 21 Lab-Grown Diamond Price Index, 2018-2022
5.2.2.2 Lack of Perceived Allure and Unfavorable Customer Outlook
5.2.3 Opportunities
5.2.3.1 Potential Applications in Quantum Devices and Semiconductors
5.2.4 Challenges
5.2.4.1 Resistance from Jewelers and Traders
5.2.4.2 Challenges in CVD Diamond Manufacturing Process
5.3 Porter's Five Forces Analysis
Figure 22 CVD Lab-Grown Diamonds Market: Porter's Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Threat of New Entrants
5.3.3 Threat of Substitutes
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Key Stakeholders & Buying Criteria
5.4.1 Key Stakeholders in Buying Process
Figure 23 Influence of Stakeholders in Buying Process for Key Industrial Segments
Table 5 Influence of Stakeholders in Buying Process for Key Industrial Applications (%)
5.4.2 Buying Criteria
Figure 24 Key Buying Criteria, by Application
Table 6 Key Buying Criteria, by Application
6 Industrial Trends
6.1 History of Lab-Grown Diamonds
6.2 Diamond Industry Transformation: Assessment of Short-Term and Long-Term Impact Factors
6.3 Value Chain Analysis
Figure 25 CVD Lab-Grown Diamonds Market: Value Chain Analysis
6.4 Technology Analysis
6.4.1 Diamond Formation Technology
6.4.2 Ai Technology for Diamond Clarity Grading
6.4.3 Blockchain Technology in Diamond Industry
6.5 Ecosystem Analysis
Figure 26 Ecosystem Mapping: CVD Lab-Grown Diamonds Market
Table 7 CVD Lab-Grown Diamonds Market Ecosystem
6.6 Case Study Analysis
6.6.1 Study on Millennial Consumer Behavior
6.6.1.1 Objective
6.6.1.2 Solution Statement
6.7 Patent Analysis
6.7.1 Patent Publication Trends
Figure 27 Number of Patents Year-Wise (2014-2022)
6.7.2 Insights
6.7.3 Jurisdiction Analysis
Figure 28 China Accounted for the Highest Number of Patents from 2014-2022
6.7.4 Top Companies/Applicants
Figure 29 Top Ten Companies/Applicants with Highest Number of Patents
6.7.4.1 List of Major Patents
6.8 Key Conferences & Events in 2022-2023
Table 8 CVD Lab-Grown Diamonds Market: Detailed List of Conferences & Events
6.9 Regulatory Landscape
6.9.1 Key Diamond Certification Labs
6.9.2 Regulatory Bodies, Government Agencies, and Other Organizations
6.10 Trend/Disruption Impact
Figure 30 Revenue Shifts and New Revenue Pockets for CVD Lab-Grown Diamonds Market
6.11 Trade Data Statistics
Table 9 India: Lab-Grown Diamond Export Data (USD Million)
Table 10 US: Lab-Grown Diamond Import Data (Thousand Carats)
6.12 Average Selling Price Analysis
Figure 31 Average Selling Price of CVD Lab-Grown Diamonds, by Region (USD Thousand/Carat)
Table 11 Average Prices of CVD Lab-Grown Diamonds, by Region (USD Thousand/Carat)
Table 12 Average Prices of CVD Lab-Grown Diamonds, by Type (USD Thousand/Carat)
Table 13 Average Prices of CVD Lab-Grown Diamonds, by Application (USD Thousand/Carat)
7 CVD Lab-Grown Diamonds Market, by Type
7.1 Introduction
Figure 32 CVD Lab-Grown Diamonds Market, by Type, 2022 Vs. 2027 (USD Million)
Table 14 CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (Thousand Carats)
Table 15 CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (Thousand Carats)
Table 16 CVD Lab-Grown Diamonds Market, 2019-2021 (USD Million)
Table 17 CVD Lab-Grown Diamonds Market, 2022-2027 (USD Million)
7.2 Rough Diamonds
7.2.1 Rough CVD Diamonds to Register High Demand in Different Industrial Applications
Table 18 Rough CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (Thousand Carats)
Table 19 Rough CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (Thousand Carats)
Table 20 Rough CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (USD Million)
Table 21 Rough CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (USD Million)
7.3 Polished Diamonds
7.3.1 High Demand for Polished CVD Diamonds in Jewelry Manufacturing to Boost Market
Table 22 Polished CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (Thousand Carats)
Table 23 Polished CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (Thousand Carats)
Table 24 Polished CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (USD Million)
Table 25 Polished CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (USD Million)
8 CVD Lab-Grown Diamonds Market, by Color
8.1 Introduction
Figure 33 CVD Lab-Grown Diamonds Market, by Color, 2022 Vs. 2027 (USD Million)
Table 26 CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (Thousand Carats)
Table 27 CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (Thousand Carats)
Table 28 CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (USD Million)
Table 29 CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (USD Million)
8.2 Colored Diamonds
8.2.1 Market Growth Driven by Use of Colored Diamonds in Jewelry, Optical & Laser, and Electronics Industries
Table 30 Colored CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (Thousand Carats)
Table 31 Colored CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (Thousand Carats)
Table 32 Colored CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (USD Million)
Table 33 Colored CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (USD Million)
8.3 Colorless Diamonds
8.3.1 Cost-Effectiveness Driving Market Growth for Colorless Diamonds
Table 34 Colorless CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (Thousand Carats)
Table 35 Colorless CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (Thousand Carats)
Table 36 Colorless CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (USD Million)
Table 37 Colorless CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (USD Million)
9 CVD Lab-Grown Diamonds Market, by Application
9.1 Introduction
Figure 34 CVD Lab-Grown Diamonds Market, by Application, 2022 & 2027 (USD Million)
Table 38 CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 39 CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 40 CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 41 CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
9.2 Machine & Cutting Tools
9.2.1 Potential to Reduce Tooling Costs to Drive Growth
Table 42 CVD Lab-Grown Diamonds Market for Machine & Cutting Tools, by Region, 2019-2021 (Thousand Carats)
Table 43 CVD Lab-Grown Diamonds Market for Machine & Cutting Tools, by Region, 2022-2027 (Thousand Carats)
Table 44 CVD Lab-Grown Diamonds Market for Machine & Cutting Tools, by Region, 2019-2021 (USD Million)
Table 45 CVD Lab-Grown Diamonds Market for Machine & Cutting Tools, by Region, 2022-2027 (Million Carats)
9.3 Heat Sinks & Exchangers
9.3.1 Growing Demand for High-Powered Electronics to Drive Market for CVD Diamond Heat Sinks
Table 46 CVD Lab-Grown Diamonds Market for Heat Sinks & Exchangers, by Region, 2019-2021 (Thousand Carats)
Table 47 CVD Lab-Grown Diamonds Market for Heat Sinks & Exchangers, by Region, 2022-2027 (Thousand Carats)
Table 48 CVD Lab-Grown Diamonds Market for Heat Sinks & Exchangers, by Region, 2019-2021 (USD Million)
Table 49 CVD Lab-Grown Diamonds Market for Heat Sinks & Exchangers, by Region, 2022-2027 (USD Million)
9.4 Optical, Laser, and X-Ray
9.4.1 Favorable Properties to Boost Adoption of CVD Diamonds
Table 50 CVD Lab-Grown Diamonds Market for Optical, Laser, and X-Ray, by Region, 2019-2021 (Thousand Carats)
Table 51 CVD Lab-Grown Diamonds Market for Optical, Laser, and X-Ray, by Region, 2022-2027 (Thousand Carats)
Table 52 CVD Lab-Grown Diamonds Market for Optical, Laser, and X-Ray, by Region, 2019-2021 (USD Million)
Table 53 CVD Lab-Grown Diamonds Market for Optical, Laser, and X-Ray, by Region, 2022-2027 (USD Million)
9.5 Electronics
9.5.1 Excellent Thermal and Electric Properties to Boost End-User Adoption
Table 54 CVD Lab-Grown Diamonds Market for Electronics, by Region, 2019-2021 (Thousand Carats)
Table 55 CVD Lab-Grown Diamonds Market for Electronics, by Region, 2022-2027 (Thousand Carats)
Table 56 CVD Lab-Grown Diamonds Market for Electronics, by Region, 2019-2021 (USD Million)
Table 57 CVD Lab-Grown Diamonds Market for Electronics, by Region, 2022-2027 (USD Million)
9.6 Healthcare Instruments
9.6.1 Growing Use in Medical Devices, Orthopedics, Instruments, and Other Healthcare Instruments to Boost Demand
Table 58 CVD Lab-Grown Diamonds Market for Healthcare Instruments, by Region, 2019-2021 (Thousand Carats)
Table 59 CVD Lab-Grown Diamonds Market for Healthcare Instruments, by Region, 2022-2027 (Thousand Carats)
Table 60 CVD Lab-Grown Diamonds Market for Healthcare Instruments, by Region, 2019-2021 (USD Million)
Table 61 CVD Lab-Grown Diamonds Market for Healthcare Instruments, by Region, 2022-2027 (USD Million)
9.7 Gemstones
9.7.1 Share of Cvd-Lab Grown Diamonds to Increase in Gemstone Applications
Table 62 CVD Lab-Grown Diamonds Market for Gemstones, by Region, 2019-2021 (Thousand Carats)
Table 63 CVD Lab-Grown Diamonds Market for Gemstones, by Region, 2022-2027 (Thousand Carats)
Table 64 CVD Lab-Grown Diamonds Market for Gemstones, by Region, 2019-2021 (USD Million)
Table 65 CVD Lab-Grown Diamonds Market for Gemstones, by Region, 2022-2027 (USD Million)
9.8 Other Applications
Table 66 CVD Lab-Grown Diamonds Market for Other Applications, by Region, 2019-2021 (Thousand Carats)
Table 67 CVD Lab-Grown Diamonds Market for Other Applications, by Region, 2022-2027 (Thousand Carats)
Table 68 CVD Lab-Grown Diamonds Market for Other Applications, by Region, 2019-2021 (USD Million)
Table 69 CVD Lab-Grown Diamonds Market for Other Applications, by Region, 2022-2027 (USD Million)
10 CVD Lab-Grown Diamonds Market, by Region
10.1 Introduction
Figure 35 Geographic Snapshot: China to Show Highest Growth
Table 70 CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (Thousand Carats)
Table 71 CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (Thousand Carats)
Table 72 CVD Lab-Grown Diamonds Market, by Region, 2019-2021 (USD Million)
Table 73 CVD Lab-Grown Diamonds Market, by Region, 2022-2027 (USD Million)
10.2 North America
10.2.1 North America: Recession Impact
Figure 36 North America: CVD Lab-Grown Diamonds Market Snapshot
Table 74 North America: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (Thousand Carats)
Table 75 North America: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (Thousand Carats)
Table 76 North America: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (USD Million)
Table 77 North America: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (USD Million)
Table 78 North America: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (Thousand Carats)
Table 79 North America: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (Thousand Carats)
Table 80 North America: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (USD Million)
Table 81 North America: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (USD Million)
Table 82 North America: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (Thousand Carats)
Table 83 North America: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (Thousand Carats)
Table 84 North America: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (USD Million)
Table 85 North America: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (USD Million)
Table 86 North America: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 87 North America: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 88 North America: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 89 North America: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.2.2 US
10.2.2.1 Us to Remain a Leading Market for Lab-Grown Diamonds
Table 90 US: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 91 US: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 92 US: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 93 US: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.2.3 Canada
10.2.3.1 Rising Investment in Diamond Production to Support Market
Table 94 Canada: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 95 Canada: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 96 Canada: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 97 Canada: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.2.4 Mexico
10.2.4.1 Stable Demand for Diamonds to Ensure Sustained Growth
Table 98 Mexico: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 99 Mexico: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 100 Mexico: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 101 Mexico: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.3 Europe
10.3.1 Europe: Recession Impact
Figure 37 Europe: CVD Lab-Grown Diamonds Market Snapshot
Table 102 Europe: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (Thousand Carats)
Table 103 Europe: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (Thousand Carats)
Table 104 Europe: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (USD Million)
Table 105 Europe: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (USD Million)
Table 106 Europe: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (Thousand Carats)
Table 107 Europe: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (Thousand Carats)
Table 108 Europe: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (USD Million)
Table 109 Europe: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (USD Million)
Table 110 Europe: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (Thousand Carats)
Table 111 Europe: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (Thousand Carats)
Table 112 Europe: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (USD Million)
Table 113 Europe: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (USD Million)
Table 114 Europe: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 115 Europe: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 116 Europe: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 117 Europe: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.3.2 Germany
10.3.2.1 Germany to Hold Leading Share in European Market
Table 118 Germany: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 119 Germany: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 120 Germany: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 121 Germany: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.3.3 France
10.3.3.1 Rising Investment in Lgds to Drive Market
Table 122 France: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 123 France: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 124 France: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 125 France: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.3.4 UK
10.3.4.1 Rising Interest in Lgds to Support Market Growth
Table 126 UK: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 127 UK: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 128 UK: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 129 UK: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.3.5 Spain
10.3.5.1 Expansion Efforts by Companies to Support Market Growth in Spain
Table 130 Spain: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 131 Spain: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 132 Spain: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 133 Spain: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.3.6 Russia
10.3.6.1 Economic Sanctions to Boost Demand for Lab-Grown Diamonds
Table 134 Russia: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 135 Russia: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 136 Russia: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 137 Russia: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.3.7 Italy
10.3.7.1 Increasing Consumer Preference to Drive Demand
Table 138 Italy: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 139 Italy: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 140 Italy: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 141 Italy: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.3.8 Rest of Europe
Table 142 Rest of Europe: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 143 Rest of Europe: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 144 Rest of Europe: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 145 Rest of Europe: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.4 Asia-Pacific
10.4.1 Asia-Pacific: Recession Impact
Figure 38 Asia-Pacific: CVD Lab-Grown Diamonds Market Snapshot
Table 146 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (Thousand Carats)
Table 147 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (Thousand Carats)
Table 148 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (USD Million)
Table 149 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (USD Million)
Table 150 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (Thousand Carats)
Table 151 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (Thousand Carats)
Table 152 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (USD Million)
Table 153 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (USD Million)
Table 154 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (Thousand Carats)
Table 155 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (Thousand Carats)
Table 156 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (USD Million)
Table 157 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (USD Million)
Table 158 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 159 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 160 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 161 Asia-Pacific: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.4.2 China
10.4.2.1 High Growth in Electronics Industry to Boost Demand
Table 162 China: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 163 China: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 164 China: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 165 China: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.4.3 India
10.4.3.1 Rising Trade in Synthetic Diamonds Worldwide to Drive Market
Table 166 India: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 167 India: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 168 India: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 169 India: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.4.4 Japan
10.4.4.1 Growing Interest in Synthetic Diamonds to Ensure Sustained Demand
Table 170 Japan: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 171 Japan: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 172 Japan: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 173 Japan: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.4.5 South Korea
10.4.5.1 Presence of Few Manufacturers to Slow Growth
Table 174 South Korea: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 175 South Korea: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 176 South Korea: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 177 South Korea: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.4.6 Australia
10.4.6.1 Electronics Segment to Show Highest Growth in Australia
Table 178 Australia: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 179 Australia: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 180 Australia: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 181 Australia: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.4.7 Rest of Asia-Pacific
Table 182 Rest of Asia-Pacific: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 183 Rest of Asia-Pacific: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 184 Rest of Asia-Pacific: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 185 Rest of Asia-Pacific: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.5 Middle East & Africa
10.5.1 Middle East & Africa: Recession Impact
Table 186 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (Thousand Carats)
Table 187 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (Thousand Carats)
Table 188 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (USD Million)
Table 189 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (USD Million)
Table 190 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (Thousand Carats)
Table 191 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (Thousand Carats)
Table 192 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (USD Million)
Table 193 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (USD Million)
Table 194 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (Thousand Carats)
Table 195 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (Thousand Carats)
Table 196 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (USD Million)
Table 197 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (USD Million)
Table 198 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 199 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 200 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 201 Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.5.2 Saudi Arabia
10.5.2.1 Rising Interest in Jewelry to Boost Market in Saudi Arabia
Table 202 Saudi Arabia: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 203 Saudi Arabia: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 204 Saudi Arabia: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 205 Saudi Arabia: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.5.3 UAE
10.5.3.1 Growing Mechanical Applications to Augment Market
Table 206 UAE: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 207 UAE: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 208 UAE: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 209 UAE: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.5.4 South Africa
10.5.4.1 Younger Population to Drive the Market
Table 210 South Africa: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 211 South Africa: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 212 South Africa: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 213 South Africa: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.5.5 Rest of Middle East & Africa
Table 214 Rest of Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 215 Rest of Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 216 Rest of Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 217 Rest of Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.6 South America
10.6.1 South America: Recession Impact
Table 218 South America: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (Thousand Carats)
Table 219 South America: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (Thousand Carats)
Table 220 South America: CVD Lab-Grown Diamonds Market, by Country, 2019-2021 (USD Million)
Table 221 South America: CVD Lab-Grown Diamonds Market, by Country, 2022-2027 (USD Million)
Table 222 South America: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (Thousand Carats)
Table 223 South America: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (Thousand Carats)
Table 224 South America: CVD Lab-Grown Diamonds Market, by Type, 2019-2021 (USD Million)
Table 225 South America: CVD Lab-Grown Diamonds Market, by Type, 2022-2027 (USD Million)
Table 226 South America: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (Thousand Carats)
Table 227 South America: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (Thousand Carats)
Table 228 South America: CVD Lab-Grown Diamonds Market, by Color, 2019-2021 (USD Million)
Table 229 South America: CVD Lab-Grown Diamonds Market, by Color, 2022-2027 (USD Million)
Table 230 South America: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 231 South America: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 232 South America: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 233 South America: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.6.2 Brazil
10.6.2.1 Increasing Demand in Dentistry to Drive Market
Table 234 Brazil: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 235 Brazil: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 236 Brazil: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 237 Brazil: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.6.3 Argentina
10.6.3.1 Development in Mining Industry to Boost Market
Table 238 Argentina: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 239 Argentina: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 240 Argentina: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 241 Argentina: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
10.6.4 Rest of South America
Table 242 Rest of South America: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (Thousand Carats)
Table 243 Rest of South America: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (Thousand Carats)
Table 244 Rest of South America: CVD Lab-Grown Diamonds Market, by Application, 2019-2021 (USD Million)
Table 245 Rest of South America: CVD Lab-Grown Diamonds Market, by Application, 2022-2027 (USD Million)
11 Competitive Landscape
11.1 Overview
11.2 Key Player Strategies
Table 246 Overview of Strategies Adopted by Key Players
11.3 Market Share Analysis
Figure 39 Ranking of Key Market Players, 2021
11.3.1 Revenue Analysis of Public Players
Figure 40 Revenue Analysis of Key Companies During the Past Five Years
11.4 Company Footprint Analysis
Figure 41 Company Overall Footprint
11.4.1 Strength of Strategy Excellence
Figure 42 Business Strategy Excellence of Top Players
11.4.2 Company Product Footprint
11.4.3 Company Application Footprint
11.4.4 Company Regional Footprint
11.5 Company Evaluation Quadrant
11.5.1 Stars
11.5.2 Emerging Leaders
11.5.3 Participants
11.5.4 Pervasive Players
Figure 43 CVD Lab-Grown Diamonds Market (Global): Company Evaluation Quadrant, 2021
11.6 Company Evaluation Quadrant for Start-Ups/SMEs
11.6.1 Progressive Companies
11.6.2 Responsive Companies
11.6.3 Starting Blocks
11.6.4 Dynamic Companies
Figure 44 CVD Lab-Grown Diamonds Market: Company Evaluation Quadrant for Start-Ups/SMEs, 2021
11.7 Competitive Benchmarking
Table 247 CVD Lab-Grown Diamonds Market: Detailed List of Key Start-Ups/SMEs
Table 248 CVD Lab-Grown Diamonds Market: Competitive Benchmarking of Key Start-Ups/SMEs
11.8 Competitive Scenario
11.8.1 Product Launches
Table 249 CVD Lab-Grown Diamonds: Product Launches (2018-2021)
11.8.2 Deals
Table 250 CVD Lab-Grown Diamonds: Deals (2018-2021)
12 Company Profiles
12.1 Key Players
(Business Overview, Products Offered, Recent Developments, Analyst's View)*
12.1.1 De Beers Group
Table 251 De Beers Group: Company Overview
Figure 45 De Beers Group: Company Snapshot
Table 252 De Beers: Product Launches
12.1.2 Bhanderi Lab Grown Diamonds Llp
Table 253 Bhanderi Lab Grown Diamonds Llp: Company Overview
12.1.3 Sumitomo Electric Industries, Ltd.
Table 254 Sumitomo Electric Industries, Ltd.: Company Overview
Figure 46 Sumitomo Electric Industries, Ltd.: Company Snapshot
12.1.4 Sp3 Diamond Technologies
Table 255 Sp3 Diamond Technologies: Company Overview
Table 256 Sp3 Diamond Technologies: Deals
12.1.5 Hebei Plasma Diamond Technology Co., Ltd.
Table 257 Hebei Plasma Diamond Technology Co., Ltd.: Company Overview
12.1.6 Delaware Diamond Knives, Inc.
Table 258 Delaware Diamond Knives, Inc.: Company Overview
12.1.7 Abd Diamonds Pvt. Ltd.
Table 259 Abd Diamonds Pvt. Ltd.: Company Overview
12.1.8 CVD Diamond Inc.
Table 260 CVD Diamond Inc.: Company Overview
12.1.9 Vibranium Lab
Table 261 Vibranium Lab: Company Overview
12.1.10 Shanghai Zhengshi Technology Co., Ltd.
Table 262 Shanghai Zhengshi Technology Co., Ltd.: Company Overview
12.1.11 Ritani
Table 263 Ritani: Company Overview
12.1.12 Nova Diamant
Table 264 Nova Diamant: Company Overview
12.1.13 Grown Diamond Corporation
Table 265 Grown Diamond Corporation: Company Overview
12.1.14 Edp Corporation
Table 266 Edp Corporation: Company Overview
12.1.15 Tomei Diamond Corporation
Table 267 Tomei Diamond Corporation: Company Overview
12.1.16 Heyaru Group
Table 268 Heyaru Group: Company Overview
12.1.17 Beijing Worldia Diamond Tools Co., Ltd.
Table 269 Beijing Worldia Diamond Tools Co., Ltd.: Company Overview
12.1.18 Henan Huanghe Whirlwind Co., Ltd.
Table 270 Henan Huanghe Whirlwind Co., Ltd.: Company Overview
12.1.19 Unidiamond Superabrasives
Table 271 Unidiamond Superabrasives: Company Overview
12.1.20 Iia Technologies Pte. Ltd.
Table 272 Iia Technologies Pte. Ltd.: Company Overview
12.1.21 Goldiam International Ltd.
Table 273 Goldiam International Ltd.: Company Overview
Figure 47 Goldiam International Ltd.: Company Snapshot
Table 274 Goldiam International Limited: Deals
12.1.22 Adamas One Corp
Table 275 Adamas One Corp: Company Overview
*Details on Business Overview, Products Offered, Recent Developments, and Analyst's View Might Not be Captured in the Case of Unlisted Companies.
13 Appendix
13.1 Discussion Guide
13.2 Knowledgestore: The Subscription Portal
13.3 Customization Options
Executive Summary
Companies Mentioned
- ABD Diamonds Pvt. Ltd.
- Adamas One Corp
- Beijing Worldia Diamond Tools Co., Ltd.
- Bhanderi Lab Grown Diamonds Llp
- CVD Diamond Inc.
- DE Beers Group
- Delaware Diamond Knives, Inc.
- EDP Corporation
- Goldiam International Ltd.
- Grown Diamond Corporation
- Hebei Plasma Diamond Technology Co., Ltd.
- Henan Huanghe Whirlwind Co., Ltd.
- Heyaru Group
- IIA Technologies Pte. Ltd.
- Nova Diamant
- Ritani
- Shanghai Zhengshi Technology Co., Ltd.
- Sp3 Diamond Technologies
- Sumitomo Electric Industries, Ltd.
- Tomei Diamond Corporation
- Unidiamond Superabrasives
- Vibranium Lab
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 227 |
| Published | February 2023 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 11.3 Billion |
| Forecasted Market Value ( USD | $ 15.9 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 22 |
