Industry Updates

CVD Lab-grown Diamonds Market worth $15.9 billion by 2027

Published: September 2, 2024
Author: Fashion Value Chain

The report CVD Lab-grown Diamonds Market by Type (Rough, Polished), Color, Application (Machine & Cutting Tools; Heat Sinks & Exchangers; Optical, Laser, & X-ray; Electronics; Healthcare Instruments; Gemstone), and Region – Global Forecast to 2027″, 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. Major factors driving the growth of the CVD lab-grown diamond include increasing adoption among consumers, and demand from various growing applications such as electronics, machine & cutting tools, and others.

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•  275 Market data Tables
•  47 Figures
•  226 Pages and in-depth TOC on “CVD Lab-grown Diamonds Market – Global Forecast to 2027”

Some of the prominent key players are:

·         De Beers Group (UK)

·         Sumitomo Electric Industries Ltd. (Japan)

·         Goldiam (India)

·         Adamas One Corp (US)

·         Bhanderi Lab Grown Diamonds LLP (India)

·         Hebei Plasma Diamond Technology Co., Ltd. (China)

·         SP3 Diamond Technologies (US)

Opportunities: Potential applications in quantum devices and semiconductors

Research in quantum technology is being carried out in a plethora of areas including quantum computing, simulation, communication, and sensing. For these novel applications, a wide range of technological options, including trapped ions, superconductors, quantum dots, photons, and semiconductor flaws, are now being developed.

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