Collimating Lens Market Key Players, Growth And Forecast 2027
Summary:
A new study title “Collimating Lens market
size, status and forecast 2027” has been featured on market research future.
Market Overview:
Globally,
the collimating lens market is expected to have significant
growth over the forecast period. The increasing need for advanced optical
technologies that ensure energy-efficiency, better light quality, and
durability acts as the major driving factor for the growth of collimating lens market
globally. Among the diverse application areas of collimating lenses, automotive
lighting is expected to be the largest contributor in the collimating lens
market. Many automobile manufacturers are increasingly adopting LED headlamps
with collimating lenses to improve the usability and design of the vehicle
headlamps.
In
this study, the collimating lens market is segmented based on light source,
material, wavelength, application area, and region/country. By light source,
the market is segmented into LED, Laser, and others. By material, the market is
segmented into glass, plastic, and other materials. By wavelength, the market
is segmented into <1000 nm, 1000-1500 nm, 1500-2000 nm, and >2000 nm. By
application area, the market is segmented into spectroscopy, lidar, medical,
automobile, interferometry, light and display measurement, and others. Finally,
the regions covered in this study are North America- US, Canada, and Mexico;
Europe- Germany, France, the UK, and the rest of Europe; Asia-Pacific- China,
India, Japan, and the rest of Asia-Pacific; and the rest of the world, which
includes Middle East and Africa and Latin America.
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Key Players:
The
prominent players in collimating lens market are Ocean Optics, Inc. (US),
Trioptics GmbH (Germany), Auer Lighting GmbH (Germany), LightPath Technologies,
Inc. (US), IPG Photonics Corporation (US), Avantes BV (The Netherlands),
Ingeneric GmbH (Germany), Thorlabs, Inc. (US), Optikos Corporation (US), and
The Optoelectronics Co. Ltd. (UK).
Segments:
The collimating lens Market is
segmented into light source, material, wavelength, application area, and region/country.
By light source, the market is
segmented into LED, Laser, and others.
By material, the market is segmented
into glass, plastic, and other materials.
By wavelength, the market is segmented
into <1000 nm, 1000-1500 nm, 1500-2000 nm, and >2000 nm.
By application area, the market is
segmented into spectroscopy, lidar, medical, automobile, interferometry, light
and display measurement, and others.
By region, the market is segmented
into North America, Europe, Asia-Pacific, and rest of the world.
Regional Analysis:
The
global market for global collimating lens is estimated to grow at a significant
rate during the forecast period from 2018 to 2023. The geographical analysis of
the market is studied for North America, Europe, Asia-Pacific, and the rest of
the world.
North
America is presumed to have largest contribution in the collimating lens
market. The region is considered as most advanced region in terms of
development and adoption of innovative technologies in the field of optics. The
region has a huge potential for revenue generation in the collimating lens
market, particularly from automotive industry verticals. Asia-Pacific is
anticipated to be the fastest growing region in the collimating lens market
over the forecast period. The growing automotive industry in this region has
surged the growth of collimating lens in the regional market. Increasing
adoption of collimating lenses in LED headlamps of vehicles boosts growth of
the market in this region.
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