Market Overview:
The global collimating lenses market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for collimating lenses in automotive, medical, and other applications. In terms of type, the global collimating lenses market is segmented into glass, plastic, and others. Glass-based collimating lenses are expected to dominate the market during the forecast period owing to their high optical quality and low cost. In terms of application, automotive is expected to be the largest segment due to rising demand for advanced lighting systems in vehicles.
Product Definition:
Collimating lenses are used to adjust the position of optical elements in an instrument, such as a telescope. By aligning the optical elements, the instrument can be made to produce a more accurate image.
Glass:
Glass is a transparent material, which can be used in the manufacturing of lenses. It has various properties such as non-reactive to light; strong & flexible and can also be molded into any shape. Glasses are widely used by optometrists for examination and treatment of eye disorders. The optical lens market is expected to grow at a significant rate over the forecast period owing to its increasing application in smartphones, televisions, cameras etc.
Plastic:
Plastic is a generic name for synthetic or artificial materials, mostly derived from petroleum. It can be divided into two categories: Polyvinyl Chloride (PVC), and Polyethylene Terephthalate (PET). PVC is used in making rigid as well as flexible plastic lenses; PET is used to make the lens of shatterproof glasses. The other types include polystyrene, polycarbonate, nylon (polyamide), and silicone.
Application Insights:
The global collimating lenses market is segmented on the basis of application into automotive, medical, LiDAR, light and display measurement, spectroscopy and others. The automotive application segment accounted for a major share in 2017 owing to increasing demand for high precision optical components from various OEMs and aftermarket suppliers. This trend is expected to continue over the forecast period as these applications require highly accurate lens designs that provide high resolution images with enhanced contrast.
LiDAR technology requires a constant focus adjustment mechanism as the devices measure distances using LIDAR techniques which involves measuring time of flight between source and target surfaces. These mechanisms are designed using 3-axis electronic stabilization systems along with advanced optics that enable users to get an accurate reading from even very distant targets thereby boosting product demand across all applications globally.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and well-established industrial sector in this region. The U.S.-based companies are engaged in extensive R&D activities for developing advanced technologies, which is anticipated to fuel regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing demand from end-use industries such as automotive, medical, LiDAR and light measurement, spectroscopy and interferometry.
Growth Factors:
- Increasing demand for Collimating Lenses in the medical and healthcare sector due to its ability to focus light beams with precision for various surgical procedures.
- Growing adoption of Collimating Lenses in the automotive industry for headlamps, tail lamps, and other vehicular lighting applications.
- Rising demand from the consumer electronics sector for use in LED TVs, smartphones, and other devices.
- Increasing penetration of Collimating Lenses into the industrial segment owing to its advantages such as improved accuracy and efficiency while working with machines or robots.
Scope Of The Report
Report Attributes
Report Details
Report Title
Collimating Lenses Market Research Report
By Type
Glass, Plastic, Others
By Application
Automotive, Medical, LiDAR, Light and Display Measurement, Spectroscopy, Interferometry, Others
By Companies
Lightpath Technologies, Ocean Optics, Ingeneric, Trioptics, Avantes, Auer Lighting, IPG Photonics, Optikos, The Optoelectronics, Thorlabs, AMS Technologies, Axetris, Broadcom, Bentham Instruments, Casix, Edmund Optics, Fisba, Hamamatsu Photonics, Opto-Line, Ushio, Shanghai Optics, Go!Foton
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Collimating Lenses Market Report Segments:
The global Collimating Lenses market is segmented on the basis of:
Types
Glass, Plastic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Medical, LiDAR, Light and Display Measurement, Spectroscopy, Interferometry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lightpath Technologies
- Ocean Optics
- Ingeneric
- Trioptics
- Avantes
- Auer Lighting
- IPG Photonics
- Optikos
- The Optoelectronics
- Thorlabs
- AMS Technologies
- Axetris
- Broadcom
- Bentham Instruments
- Casix
- Edmund Optics
- Fisba
- Hamamatsu Photonics
- Opto-Line
- Ushio
- Shanghai Optics
- Go!Foton
Highlights of The Collimating Lenses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass
- Plastic
- Others
- By Application:
- Automotive
- Medical
- LiDAR
- Light and Display Measurement
- Spectroscopy
- Interferometry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Collimating Lenses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Collimating lenses are used to correct for the distortion of a lens caused by its distance from the object it is photographing.
Some of the major companies in the collimating lenses market are Lightpath Technologies, Ocean Optics, Ingeneric, Trioptics, Avantes, Auer Lighting, IPG Photonics, Optikos, The Optoelectronics, Thorlabs, AMS Technologies, Axetris, Broadcom, Bentham Instruments, Casix, Edmund Optics, Fisba, Hamamatsu Photonics, Opto-Line, Ushio, Shanghai Optics, Go!Foton.
The collimating lenses market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Collimating Lenses Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Collimating Lenses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Collimating Lenses Market - Supply Chain
4.5. Global Collimating Lenses Market Forecast
4.5.1. Collimating Lenses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Collimating Lenses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Collimating Lenses Market Absolute $ Opportunity
5. Global Collimating Lenses Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Collimating Lenses Market Size and Volume Forecast by Type
5.3.1. Glass
5.3.2. Plastic
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Collimating Lenses Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Collimating Lenses Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Medical
6.3.3. LiDAR
6.3.4. Light and Display Measurement
6.3.5. Spectroscopy
6.3.6. Interferometry
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Collimating Lenses Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Collimating Lenses Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Collimating Lenses Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Collimating Lenses Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Collimating Lenses Demand Share Forecast, 2019-2029
9. North America Collimating Lenses Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Collimating Lenses Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Collimating Lenses Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Medical
9.4.3. LiDAR
9.4.4. Light and Display Measurement
9.4.5. Spectroscopy
9.4.6. Interferometry
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Collimating Lenses Market Size and Volume Forecast by Type
9.7.1. Glass
9.7.2. Plastic
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Collimating Lenses Demand Share Forecast, 2019-2029
10. Latin America Collimating Lenses Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Collimating Lenses Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Collimating Lenses Market Size and Volume Forecast by Application
10.4.1. Automotive
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. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Collimating Lenses Market Size and Volume Forecast by Type
10.7.1. Glass
10.7.2. Plastic
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Collimating Lenses Demand Share Forecast, 2019-2029
11. Europe Collimating Lenses Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Collimating Lenses Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Collimating Lenses Market Size and Volume Forecast by Application
11.4.1. Automotive
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. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Collimating Lenses Market Size and Volume Forecast by Type
11.7.1. Glass
11.7.2. Plastic
11.7.3. Others
11.8. Basi Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Collimating Lenses Demand Share, 2019-2029
12. Asia Pacific Collimating Lenses Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Collimating Lenses Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Collimating Lenses Market Size and Volume Forecast by Application
12.4.1. Automotive
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. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Collimating Lenses Market Size and Volume Forecast by Type
12.7.1. Glass
12.7.2. Plastic
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Collimating Lenses Demand Share, 2019-2029
13. Middle East & Africa Collimating Lenses Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Collimating Lenses Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Collimating Lenses Market Size and Volume Forecast by Application
13.4.1. Automotive
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. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Collimating Lenses Market Size and Volume Forecast by Type
13.7.1. Glass
13.7.2. Plastic
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Collimating Lenses Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Collimating Lenses Market: Market Share Analysis
14.2. Collimating Lenses Distributors and Customers
14.3. Collimating Lenses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lightpath Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ocean Optics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ingeneric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Trioptics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Avantes
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Auer Lighting
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. IPG Photonics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Optikos
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. The Optoelectronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Thorlabs
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AMS Technologies
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Axetris
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Broadcom
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Bentham Instruments
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Casix
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Edmund Optics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Fisba
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hamamatsu Photonics
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Opto-Line
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Ushio
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
