Collimating Lens Market: By Light Source By Material By Wavelength By End User and Region Forecast 2019-2030

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Collimating Lens Market Size, Share, Growth, Trends, and Global Industry Analysis: By Light Source (LED, Laser, Others) By Material (Glass, Plastic, Others) By Wavelength (<1,000, 1,000-1,500, 1,500-2,000, >2,000) By End User (Automobile, Medical, LiDAR, Light and Display Measurement, Spectroscopy, Interferometry and Others) and Region Forecast 2019-2030

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Collimating Lens Market size was valued at US$ 298.4 million in 2023 and growing at a CAGR of 19.5% from 2024 to 2030. Collimating lenses are optical lenses that help make the light entering a spectrometer unit parallel. These lenses are used to manage the field of view, collecting competency, and spatial resolution of their units, as well as to arrange illumination and sample angles. Because there are so many companies, the worldwide market is highly competitive and fragmented. Several players are attempting to outperform their competitors by implementing constant technological upgrades to their connected equipment and collimating lenses.

The number of competitors entering the market is growing on a daily basis, thanks to a slew of new entrants. As a result of the rising competition, prominent industry players are expected to implement new market strategies and debut novel products. Several companies are focusing on the growth of distinct regional markets in order to boost their income in the global market in the next years. It is noticed that the global market has a significant market growth rate on increasing demand for collimating lenses in various applications and because of the significant increasing importance of fiber optics collimating lenses. 

Collimating Lens Market Key Developments

  • In February 2018, INGENERIC (Germany) launched new microlens arrays with shorter focal lengths and a higher number of lenses per wafer. The company develops customized arrays and commercializes their use in serial production.
  • In April 2017, LightPath Technologies (US) signed a substantial contract from Renishaw plc (UK). Engineers from LightPath and Renishaw collaborated to achieve the optimal balance of performance and cost for this unique application.

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Collimating Lens Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

19.5%

Largest Market

Asia-Pacific

Fastest Growing Market

Europe

Collimating Lens Market Dynamics

There are various factors which significantly act as drivers, such as increasing demand for high-end microscopy systems in various applications, and technological advancements in microscopes which substantially boost the global collimating lens market. The key restrain is observed as the factor that they reduce intensity by blocking incoming radiation, which is not accepted for remote sensing instruments that require high sensitivity. Increase in various application for providing high quality display with emerging market players global collimating lens mark observed a significant growth.

Collimating Lens Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 298.4 million

Market CAGR

19.5%

By Light Source

  • LED
  • Laser
  • Others (xenon lamp, Infrared light, and RGB

By Material

  • Glass
  • Plastic
  • Others (Crystal and silica, among other)

By Wavelength

  • <1,000
  • 1,000-1,500
  • 1,500-2,000
  • >2,000

By End-User

  • Automobile
  • Medical
  • LiDAR
  • Light and Display Measurement
  • Spectroscopy
  • Interferometry
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The collimating lens market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis 

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Frequently Asked Questions

The collimating lens market size was valued at US$ 298.4 million in 2023 and growing at a CAGR of 19.5% from 2024 to 2030.

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Europe is the fastest-growing in the market

1. Executive Summary
2. Global Collimating Lens Market Introduction 
2.1.Global Collimating Lens Market  - Taxonomy
2.2.Global Collimating Lens Market  - Definitions
2.2.1. Light Source
2.2.2.Material
2.2.3.Wavelength
2.2.4.End-User
2.2.5.Region
3. Global Collimating Lens Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Collimating Lens Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Collimating Lens Market  By  Light Source, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. LED
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Laser
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Others (xenon lamp, Infrared light, and RGB
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Collimating Lens Market  By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Glass
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Plastic
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Others (Crystal and silica, among other)
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7. Global Collimating Lens Market  By Wavelength, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. <1,000
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. 1,000-1,500
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. 1,500-2,000
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. >2,000
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Collimating Lens Market  By End-User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Automobile
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Medical
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. LiDAR
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Light and Display Measurement
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Spectroscopy
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
8.6. Interferometry
8.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.6.3. Market Opportunity Analysis 
8.7. Others
8.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.7.3. Market Opportunity Analysis 
9. Global Collimating Lens Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Collimating Lens Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1.  Light Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.LED
10.1.2.Laser
10.1.3.Others (xenon lamp, Infrared light, and RGB
10.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Glass
10.2.2.Plastic
10.2.3.Others (Crystal and silica, among other)
10.3.  Wavelength Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.<1,000
10.3.2.1,000-1,500
10.3.3.1,500-2,000
10.3.4.>2,000
10.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Automobile
10.4.2.Medical
10.4.3.LiDAR
10.4.4.Light and Display Measurement
10.4.5.Spectroscopy
10.4.6.Interferometry
10.4.7.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Collimating Lens Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1.  Light Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.LED
11.1.2.Laser
11.1.3.Others (xenon lamp, Infrared light, and RGB
11.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Glass
11.2.2.Plastic
11.2.3.Others (Crystal and silica, among other)
11.3.  Wavelength Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.<1,000
11.3.2.1,000-1,500
11.3.3.1,500-2,000
11.3.4.>2,000
11.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Automobile
11.4.2.Medical
11.4.3.LiDAR
11.4.4.Light and Display Measurement
11.4.5.Spectroscopy
11.4.6.Interferometry
11.4.7.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Collimating Lens Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1.  Light Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.LED
12.1.2.Laser
12.1.3.Others (xenon lamp, Infrared light, and RGB
12.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Glass
12.2.2.Plastic
12.2.3.Others (Crystal and silica, among other)
12.3.  Wavelength Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.<1,000
12.3.2.1,000-1,500
12.3.3.1,500-2,000
12.3.4.>2,000
12.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Automobile
12.4.2.Medical
12.4.3.LiDAR
12.4.4.Light and Display Measurement
12.4.5.Spectroscopy
12.4.6.Interferometry
12.4.7.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Collimating Lens Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1.  Light Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.LED
13.1.2.Laser
13.1.3.Others (xenon lamp, Infrared light, and RGB
13.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Glass
13.2.2.Plastic
13.2.3.Others (Crystal and silica, among other)
13.3.  Wavelength Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.<1,000
13.3.2.1,000-1,500
13.3.3.1,500-2,000
13.3.4.>2,000
13.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Automobile
13.4.2.Medical
13.4.3.LiDAR
13.4.4.Light and Display Measurement
13.4.5.Spectroscopy
13.4.6.Interferometry
13.4.7.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Collimating Lens Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1.  Light Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.LED
14.1.2.Laser
14.1.3.Others (xenon lamp, Infrared light, and RGB
14.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Glass
14.2.2.Plastic
14.2.3.Others (Crystal and silica, among other)
14.3.  Wavelength Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.<1,000
14.3.2.1,000-1,500
14.3.3.1,500-2,000
14.3.4.>2,000
14.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Automobile
14.4.2.Medical
14.4.3.LiDAR
14.4.4.Light and Display Measurement
14.4.5.Spectroscopy
14.4.6.Interferometry
14.4.7.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.LightPath Technologies, Inc. (US)
15.2.2.Ocean Optics, Inc. (US)
15.2.3.INGENERIC GmbH (Germany)
15.2.4.TRIOPTICS GmbH (Germany)
15.2.5.Avantes BV (Netherlands)
15.2.6.Auer Lighting GmbH (Germany)
15.2.7.IPG Photonics Corporation (US)
15.2.8.Optikos Corporation (US)
15.2.9.Optoelectronics Co. Ltd (UK)
15.2.10.Thorlabs, Inc. (US)
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • LightPath Technologies, Inc. (US)
  • Ocean Optics, Inc. (US)
  • INGENERIC GmbH (Germany)
  • TRIOPTICS GmbH (Germany)
  • Avantes BV (Netherlands)
  • Auer Lighting GmbH (Germany)
  • IPG Photonics Corporation (US)
  • Optikos Corporation (US)
  • Optoelectronics Co. Ltd (UK)
  • Thorlabs, Inc. (US)

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