Market Overview:
The global ND filters 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 ND filters in various applications such as astronomy, education, research, biochemical, optical and electronic applications. In addition, the growing demand for high-quality images and videos is also contributing to the growth of this market.
 Filters Industry Outlook.svg)
Product Definition:
A Neutral Density (ND) Filter is a filter that reduces or eliminates light of all wavelengths, allowing for the control of the amount of light passing through the lens.
ND Less Than 0.3:
ND less than 0.3 is a type of neutral density filter that reduces the amount of light falling on to the film or sensor by three orders of magnitude. ND filters are used in various applications such as landscape photography, product photography, and architectural photographs among others. The growing popularity of social media has led to an increase in the use of cameras phones and other devices which is expected to drive market growth over the forecast period.
ND 0.3-3.0:
ND 0.3-3.0 is a type of neutral density filter that reduces the intensity of light by three to thirty times, i.e., it reduces the amount of light falling on any one point by three to thirty times compared to normal incident light intensity for a particular exposure time period. ND filters are used in various applications including landscape photography, macro photography, and product photography among others wherein low lumen output or reduced lighting is required as per the application requirements.
Application Insights:
Astronomy application dominated the global neutral density filters market in terms of revenue share in 2017. The growth can be attributed to the increasing use of Neutral Density (ND) filters by astronomers for capturing images and videos from space telescopes such as Hubble Space Telescope, Spitzer Space Telescope, Chandra X-ray Observatory and Rossi X-ray Observatory.
The education segment is expected to witness significant growth over the forecast period owing to rising government support for science & technology in various countries including India, China, Japan and Australia. For instance; In 2016 Australian Government invested USD 24 million on a national level for enhancing Science Education Program which has been supported by many educational institutions across country. Such initiatives are expected to drive product demand over the forecast period.
Research application is also anticipated to grow at a lucrative rate during the study years 2018 - 2030 due largelyto growing research activities relatedto biochemistryand molecular biologyin major economies such as U.S.
Regional Analysis:
North America dominated the global neutral density filters market in terms of revenue with a share of 36.0% in 2017. This is due to presence of key pharmaceutical and biotechnology companies, increasing R&D expenditure by this sector, and growing adoption for drug discovery techniques. In addition, increasing use for research on human body chemistry is expected to drive the demand over the forecast period.
Asia Pacific regional market captured a significant share owing to rising number of conferences & events being held in countries such as Japan and China that require high-quality imaging equipment along with an adequate lighting setup at venues during event inaugurations or any other important function held at night time. This has led to increased sales volume for these products across this region over the past few years; however, slow growth rate observed from 2016 till now can be attributed mainly to economic slowdown witnessed across major economies including China & India after Chinese New Year (CNY) holiday break around mid January every year).
Growth Factors:
- Increasing demand for photography and videography: Photography and videography are witnessing a surge in popularity, especially among the youth. This is driving the demand for ND filters, as they help in capturing high-quality images and videos without any distortion.
- Rising adoption of drones: Drones are being increasingly used for various purposes such as aerial photography, surveying, mapping, etc. The need for ND filters to control light exposure is thus increasing among drone users.
- Proliferation of social media: Social media platforms such as Instagram and Facebook are fuelling the demand for high-quality visuals. This is boosting the sales of ND filters worldwide.
- . Growing trend of outdoor activities: There is a growing trend of people engaging in outdoor activities such as camping, hiking, trekking etc., which requires good quality images and videos to be captured without any disturbance from ambient light sources .ND filters help achieve this objective perfectly .thus contributing to their growth .
- . Technological advancements: With technological advancements taking place at a rapid pace , new products with enhanced features are hitting the market regularly .This has resulted in an increase in consumer awareness about ND Filters benefits ,leading to higher purchase intent
Scope Of The Report
Report Attributes
Report Details
Report Title
Neutral Density (ND) Filters Market Research Report
By Type
ND Less Than 0.3, ND 0.3-3.0, ND More Than 3.0
By Application
Astronomy, Education, Research, Biochemical, Optical, Electronic
By Companies
Edmund Optics, EKSMA Optics, VisiMax Technologies, Inc., Dynasil, Omega Optical, LLC, Lee Filters, Formatt Hitech, SRB Photographic, Cokin, Kenko Tokina Company, Schneider Kreuznach, Marumi Optical, The Tiffen Company, LLC, Nikon, Sony
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Neutral Density (ND) Filters Market Report Segments:
The global Neutral Density (ND) Filters market is segmented on the basis of:
Types
ND Less Than 0.3, ND 0.3-3.0, ND More Than 3.0
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
Astronomy, Education, Research, Biochemical, Optical, Electronic
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:
- Edmund Optics
- EKSMA Optics
- VisiMax Technologies, Inc.
- Dynasil
- Omega Optical, LLC
- Lee Filters
- Formatt Hitech
- SRB Photographic
- Cokin
- Kenko Tokina Company
- Schneider Kreuznach
- Marumi Optical
- The Tiffen Company, LLC
- Nikon
- Sony
 Filters Market Overview.svg)
Highlights of The Neutral Density (ND) Filters 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:
- ND Less Than 0.3
- ND 0.3-3.0
- ND More Than 3.0
- By Application:
- Astronomy
- Education
- Research
- Biochemical
- Optical
- Electronic
- 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 Neutral Density (ND) Filters 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Filters Market Statistics.svg)
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?
Neutral density filters are used to reduce the amount of light that enters a camera or lens. This is useful when you want to photograph in low light or when you want to keep the intensity of the light consistent across your image.
Some of the key players operating in the neutral density (nd) filters market are Edmund Optics, EKSMA Optics, VisiMax Technologies, Inc., Dynasil, Omega Optical, LLC, Lee Filters, Formatt Hitech, SRB Photographic, Cokin, Kenko Tokina Company, Schneider Kreuznach, Marumi Optical, The Tiffen Company, LLC, Nikon, Sony.
The neutral density (nd) filters market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neutral Density (ND) Filters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Neutral Density (ND) Filters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neutral Density (ND) Filters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Neutral Density (ND) Filters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Neutral Density (ND) Filters Market Size & Forecast, 2020-2028
4.5.1 Neutral Density (ND) Filters Market Size and Y-o-Y Growth
4.5.2 Neutral Density (ND) Filters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ND Less Than 0.3
5.2.2 ND 0.3-3.0
5.2.3 ND More Than 3.0
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Astronomy
6.2.2 Education
6.2.3 Research
6.2.4 Biochemical
6.2.5 Optical
6.2.6 Electronic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neutral Density (ND) Filters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Neutral Density (ND) Filters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ND Less Than 0.3
9.6.2 ND 0.3-3.0
9.6.3 ND More Than 3.0
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Astronomy
9.10.2 Education
9.10.3 Research
9.10.4 Biochemical
9.10.5 Optical
9.10.6 Electronic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ND Less Than 0.3
10.6.2 ND 0.3-3.0
10.6.3 ND More Than 3.0
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Astronomy
10.10.2 Education
10.10.3 Research
10.10.4 Biochemical
10.10.5 Optical
10.10.6 Electronic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ND Less Than 0.3
11.6.2 ND 0.3-3.0
11.6.3 ND More Than 3.0
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Astronomy
11.10.2 Education
11.10.3 Research
11.10.4 Biochemical
11.10.5 Optical
11.10.6 Electronic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ND Less Than 0.3
12.6.2 ND 0.3-3.0
12.6.3 ND More Than 3.0
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Astronomy
12.10.2 Education
12.10.3 Research
12.10.4 Biochemical
12.10.5 Optical
12.10.6 Electronic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ND Less Than 0.3
13.6.2 ND 0.3-3.0
13.6.3 ND More Than 3.0
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Astronomy
13.10.2 Education
13.10.3 Research
13.10.4 Biochemical
13.10.5 Optical
13.10.6 Electronic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Neutral Density (ND) Filters Market: Competitive Dashboard
14.2 Global Neutral Density (ND) Filters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Edmund Optics
14.3.2 EKSMA Optics
14.3.3 VisiMax Technologies, Inc.
14.3.4 Dynasil
14.3.5 Omega Optical, LLC
14.3.6 Lee Filters
14.3.7 Formatt Hitech
14.3.8 SRB Photographic
14.3.9 Cokin
14.3.10 Kenko Tokina Company
14.3.11 Schneider Kreuznach
14.3.12 Marumi Optical
14.3.13 The Tiffen Company, LLC
14.3.14 Nikon
14.3.15 Sony
