Collimating Lens Market: By Light Source By Material By Wavelength By End User and By Geography

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 By Region

Collimating Lens Market size was valued at US$ 298.4 million in 2022 and growing at a CAGR of 19.5 % over the forecast period by 2023 to 2029. 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 collimating lens 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 collimating lens 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 collimating lens 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.

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 2022

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

Key Features of the Report

  • The collimating lens market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • 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 in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The Collimating Lens Market size was valued at US$ 298.4 million in 2022

The Collimating Lens 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 for Collimating Lens Market

 

  1. Executive Summary
  2. Global Collimating Lens Market Introduction
    • Global Collimating Lens Market Taxonomy
    • Global Collimating Lens Market Definitions
      • Material Type
      • Light Source
      • Wavelength
      • End User
  1. Global Collimating Lens Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Collimating Lens Market Dynamic Factors - Impact Analysis
    • Global Collimating Lens Market Competition Landscape
  2. Global Collimating Lens Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Collimating Lens Market, By Material Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Glass
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Plastic
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Collimating Lens Market Forecast, By Light Source, 2018 - 2022 and Forecast, 2020 2026 (Revenue, USD Mn)
    • LED
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Laser
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Collimating Lens Market Forecast, By Wavelength, 2018 - 2022 and Forecast, 2020 2026 (Revenue, USD Mn)
    • <1,000
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 1,000-1,500
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 1,500-2,000
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • >2,000
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Collimating Lens Market Forecast, By End User, 2018 - 2022 and Forecast, 2023 - 2029
    • Automobile
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Medical
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • LiDAR
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Light and Display Measurement
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Spectroscopy and Interferometry
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Collimating Lens Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Collimating Lens Market - Opportunity Analysis Index, By Material Type, Light Source, Wavelength, End User and Region, 2023 - 2029
  2. North America Collimating Lens Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • <1,000
      • 1,000-1,500
      • 1,500-2,000
      • >2,000
    • End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Automobile
      • Medical
      • LiDAR
      • Light and Display Measurement
      • Spectroscopy and Interferometry
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • USA
      • Canada
    • North America Collimating Lens Market - Opportunity Analysis Index, By Material Type, Light Source, Wavelength, End User and Country, 2023 - 2029
    • North America Collimating Lens Market Dynamics Trends
  3. Europe Collimating Lens Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • <1,000
      • 1,0001,500
      • 1,5002,000
      • Others
    • End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Automobiles
      • Medical
      • LiDAR
      • Light and Display Measurement
      • Spectroscopy and Interferometry
      • Other End Users
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Collimating Lens Market - Opportunity Analysis Index, By Material Type, Light Source, Wavelength, End User and Country, 2023 - 2029
    • Europe Collimating Lens Market Dynamics Trends
  4. Asia-Pacific Collimating Lens Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • <1,000
      • 1,000-1,500
      • 1,500-2,000
      • >2,000
    • End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Automobile
      • Medical
      • LiDAR
      • Light and Display Measurement
      • Spectroscopy and Interferometry
      • Other End Users
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Collimating Lens Market - Opportunity Analysis Index, By Material Type, Light Source, Wavelength, End User and Country, 2023 - 2029
    • Asia-Pacific Collimating Lens Market Dynamics Trends
  5. Latin America Collimating Lens Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • <1,000
      • 1,000-1,500
      • 1,500-2,000
      • >2,000
    • End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Automobile
      • Medical
      • LiDAR
      • Light and Display Measurement
      • Spectroscopy and Interferometry
      • Other End Users
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Collimating Lens Market - Opportunity Analysis Index, By Material Type, Light Source, Wavelength, End User and Country, 2023 - 2029
    • Latin America Collimating Lens Market Dynamics Trends
  6. Middle East and Africa Collimating Lens Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • <1,000
      • 1,000-1,500
      • 1,500-2,000
      • >2,000
    • End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Automobile
      • Medical
      • LiDAR
      • Light and Display Measurement
      • Spectrometry and Interferometry
      • Other End Users
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Collimating Lens Market - Opportunity Analysis Index, By Material Type, Light Source, Wavelength, End User and Country, 2023 - 2029
    • MEA Collimating Lens Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Material Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • 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).
  1. Research Methodology
  2. Key Assumptions and Acronyms

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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