Collimating Lens Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Collimating Lens Market 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 Geography

 

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Report

Description

The global collimating lens market is expected to be valued at US$ 298.4 million in market and growing at a CAGR of 19.5 % over the forecast period by 2027. 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. Global optical instruments and lens manufacturing market totaled $19.1 billion in 2017 and is estimated to reach $27.0 billion by 2022, growing at a compound annual growth rate (CAGR) of 7.3% Examples of optical instruments include spectrometer, microscopes, measurement displays, and others, too is making the market grow at a fantastic pace. It is available in different components; spherical lenses, achromatic lenses, aspherical lenses, Infrared lenses etc which boost the global collimating lens market. Market players have witnessed the strategic collaboration and acquisition to expand product portfolio and strengthen their position in the market to enhance the revenue of the company. 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

MARKET SUMMARY
-
19.5 %
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 19.5 %
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– Europe

Collimating Lens Market

  • The report on global collimating lens market gives historical, current, and future market sizes on the basis of material type, light source, wavelength and region.
  • This report studies global collimating lens market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, global collimating lens market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed global collimating lens market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global collimating lens market.
Market Key Players
  • LightPath Technologies
  • Ocean Optics
  • INGENERIC GmbH
  • TRIOPTICS GmbH
  • Avantes BV
  • Auer Lighting GmbH
  • IPG Photonics Corporation
  • Optikos Corporation
  • Optoelectronics Co. Ltd
  • Thorlabs, Inc.
Growth

Collimating Lens Market

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.


Asia-Pacific Got Significant Share

Collimating Lens Market

Global collimating lens market report gives comprehensive outlook on collimating lens market  across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific contributed major revenue followed by and North America and Europe. In 2019, Asia Pacific region is accounted huge growth rate and is anticipated to grow with a forecast year. Rapid development in automobile sector is the key factor which boost the market on the perspective of LED headlamps boost the global collimating market spontaneously. The North American in terms of adoption of technologically advanced products in various applications, coupled with presence key players like Ocean Optics, Inc specializes in designing and manufacturing of collimating lenses which are largely used in measurement techniques such as absorbance, irradiance, fluorescence, and pH sensing technique. Europe market is anticipated to show growth.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • The report covers in-detail insights about the competitor’s 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 startup’s 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 Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Key Findings of the Report

Collimating Lens Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Table of Content

  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, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Collimating Lens Market, By Material Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Glass
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Plastic
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (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, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • LED
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Laser
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (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, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • <1,000
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 1,000–1,500
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 1,500–2,000
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • >2,000
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (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, 2015 – 2019 and Forecast, 2020 – 2026
    • Automobile
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Medical
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • LiDAR
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Light and Display Measurement
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Spectroscopy and Interferometry
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (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, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (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, 2020 – 2026
  2. North America Collimating Lens Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Material Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2015 – 2019 and Forecast 2020 – 2026 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 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Automobile
      • Medical
      • LiDAR
      • Light and Display Measurement
      • Spectroscopy and Interferometry
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 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, 2020 – 2026
    • North America Collimating Lens Market Dynamics – Trends
  3. Europe Collimating Lens Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Material Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • <1,000
      • 1,000–1,500
      • 1,500–2,000
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 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 2015 – 2019 and Forecast 2020 – 2026 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, 2020 – 2026
    • Europe Collimating Lens Market Dynamics – Trends
  4. Asia-Pacific Collimating Lens Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Material Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2015 – 2019 and Forecast 2020 – 2026 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 2015 – 2019 and Forecast 2020 – 2026 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 2015 – 2019 and Forecast 2020 – 2026 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, 2020 – 2026
    • Asia-Pacific Collimating Lens Market Dynamics – Trends
  5. Latin America Collimating Lens Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Material Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2015 – 2019 and Forecast 2020 – 2026 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 2015 – 2019 and Forecast 2020 – 2026 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 2015 – 2019 and Forecast 2020 – 2026 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, 2020 – 2026
    • Latin America Collimating Lens Market Dynamics – Trends
  6. Middle East and Africa Collimating Lens Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Material Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Glass
      • Plastic
      • Others
    • Light Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • LED
      • Laser
      • Others
    • Wavelength Analysis 2015 – 2019 and Forecast 2020 – 2026 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 2015 – 2019 and Forecast 2020 – 2026 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 2015 – 2019 and Forecast 2020 – 2026 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, 2020 – 2026
    • 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

Report

Company Profile

  • 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)

Description

The global collimating lens market is expected to be valued at US$ 298.4 million in market and growing at a CAGR of 19.5 % over the forecast period by 2027. 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. Global optical instruments and lens manufacturing market totaled $19.1 billion in 2017 and is estimated to reach $27.0 billion by 2022, growing at a compound annual growth rate (CAGR) of 7.3% Examples of optical instruments include spectrometer, microscopes, measurement displays, and others, too is making the market grow at a fantastic pace. It is available in different components; spherical lenses, achromatic lenses, aspherical lenses, Infrared lenses etc which boost the global collimating lens market. Market players have witnessed the strategic collaboration and acquisition to expand product portfolio and strengthen their position in the market to enhance the revenue of the company. 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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