In
small- and large-scale industries, manipulable optical characteristics
are desired. In this regard, rare-earth oxides (REOs) have been providing
pragmatic attributes in terms of successful implementations and promising
prospects throughout the last few decades. Currently, there is no
comprehensive literature review on REOs that can aid researchers in
focusing on industry-relevant emerging materials. Therefore, this
review reports studies that have been able to experimentally utilize
the physical, chemical, thermal, electronic, spectroscopic, and photocatalytic
properties of REOs in the optical field. The brief and focused review
finds that the most pronounced applications of REOs in the optical
field are in white light and laser, while the prospective ground likely
lies in optoelectronics, fiber optic applications, and miscellaneous
repertoires that incorporate an innovative utilization of an electronic
configuration of REOs. From the perspective of this review, the versatility
of an REO in the optical field has become prominent and quantified
by the successful implementations of REOs in white light and nonwhite
light applications. Furthermore, the innovative applications of REOs
include but are not limited to the development of solid-state optical
devices, optoelectronic systems, and photocatalytic agents. Specifically,
their futuristic applications are likely to be led by the development
of stronger emission devices and the obtaining of flexible doping
characteristics by several ions such as Li+, Eu3+, Dy3+, Nd3+, La3+, Yb3+, etc. at different levels, which will render the pathway for further
exploration in this regard. However, the improvement in terms of methodological
attributes requires a serious consideration of overcoming the limitation
of thermal stability, lack of exploration of several types of lights,
photodarkening in critical applications, lack of applicability at
a wide range of temperatures, and so on. From an industrial perspective,
it can be conjectured from the reported literature that the challenges
will be overcome at a large scale within a few years due to the expedited
technological advancements of the experimental repertoires, rendering
the REO applications in the optical field reasonably economic and
commercially viable. In short, this is the first review that objectively
considers the applications and prospects of REOs, which will essentially
invoke several studies to investigate the specific properties and
viability of REOs in the optical field.