Market Overview:
The global NIR cut filter 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 NIR cut filters in mobile application type, high precision type, and camera applications. In addition, the growing demand for LED light source systems is also contributing to the growth of this market. North America is expected to lead the global NIR cut filter market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A NIR Cut Filter is a filter that blocks near-infrared light from passing through it. This type of filter is used in photography to block the infrared light that can cause unwanted digital noise in an image.
Mobile Application Type:
The mobile application type segment includes smartphone, tablet and other mobile applications. Smartphone is the most used application type among all others. The growth factor in NIR cut filter market size is estimated to be around 70% till 2022 owing to its increasing demand across the globe especially in India and China. Moreover, growing penetration of 4G technology will drive the overall market during that period of time as it provides better connectivity between devices than 3G & 2G technologies combined.
High Precision Type:
High precision type is used in NIR cut filter market for removing unwanted infrared light from the optical signal. The unwanted infrared light is referred to as backlumina or background radiation and it dominates the image captured by detectors such as CCD or CMOS. The amount of background radiation varies with temperature, airmass, time of day and year, etc., but it can be reduced to a large extent using high precision types.
Application Insights:
Camera was the largest application segment in the global NIR cut filter market, accounting for a share of over 60.0% in 2017. The camera application segment is expected to continue its dominance over the forecast period owing to increasing demand from security applications and growing adoption of NIR technology for cutting infrared light sources by cameras and projectors.
The LED light source system is projected to be one of the fastest-growing segments during the forecast period due to rising adoption of such systems at construction sites, industrial areas, offices, retail stores and other public places as well as automotive headlights. Growing demand for energy-efficient lighting solutions has also been contributing significantly towards growth in this segment since 2015.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. This can be attributed to the presence of a large number of players and high investments made for research & development activities. The region is expected to maintain its dominance over the forecast period owing to increasing demand from end-use industries such as automotive, medical, security and others.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising applications in industrial machinery, HVAC & refrigeration equipment inspection and maintenance industry along with growing consumer electronics industry across countries such as China, Japan and India.
Growth Factors:
- Increasing demand for NIR Cut Filter in the medical industry for diagnosis and treatment of diseases
- Growing application of NIR Cut Filter in food and beverage industry for quality control and detection of adulteration
- Rising demand from research institutes and universities for use in spectroscopy, photochemistry, and biochemistry experiments
- Increasing adoption of NIR Cut Filter in security & surveillance systems to detect threats & illegal activities
- Growing popularity of NIR Cut Filter among consumers owing to its ability to improve product quality
Scope Of The Report
Report Attributes
Report Details
Report Title
NIR Cut Filter Market Research Report
By Type
Mobile Application Type, High Precision Type
By Application
Camera, Projector, Stage, LED Light Source System
By Companies
SCHOTT AG, Pyramid Imaging, Inc., Sunex Opticals, Edmund Optics, MidOpt Filters, Tae Young Optics, Astra Products, Inc., Knight Optical, Microwave Filter Company, Inc., Visiontek Systems Ltd.
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global NIR Cut Filter Market Report Segments:
The global NIR Cut Filter market is segmented on the basis of:
Types
Mobile Application Type, High Precision Type
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
Camera, Projector, Stage, LED Light Source System
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:
- SCHOTT AG
- Pyramid Imaging, Inc.
- Sunex Opticals
- Edmund Optics
- MidOpt Filters
- Tae Young Optics
- Astra Products, Inc.
- Knight Optical
- Microwave Filter Company, Inc.
- Visiontek Systems Ltd.
Highlights of The NIR Cut Filter 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:
- Mobile Application Type
- High Precision Type
- By Application:
- Camera
- Projector
- Stage
- LED Light Source System
- 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 NIR Cut Filter 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
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?
A NIR cut filter is a type of optical filter that blocks most infrared radiation. This type of filter is often used in photography to reduce the amount of heat that is emitted from objects and scenes.
Some of the major companies in the nir cut filter market are SCHOTT AG, Pyramid Imaging, Inc., Sunex Opticals, Edmund Optics, MidOpt Filters, Tae Young Optics, Astra Products, Inc., Knight Optical, Microwave Filter Company, Inc., Visiontek Systems Ltd..
The nir cut filter market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 NIR Cut Filter 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 NIR Cut Filter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 NIR Cut Filter 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 NIR Cut Filter 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 NIR Cut Filter Market Size & Forecast, 2018-2028
4.5.1 NIR Cut Filter Market Size and Y-o-Y Growth
4.5.2 NIR Cut Filter Market Absolute $ Opportunity
Chapter 5 Global NIR Cut Filter 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 NIR Cut Filter Market Size Forecast by Type
5.2.1 Mobile Application Type
5.2.2 High Precision Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global NIR Cut Filter 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 NIR Cut Filter Market Size Forecast by Applications
6.2.1 Camera
6.2.2 Projector
6.2.3 Stage
6.2.4 LED Light Source System
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global NIR Cut Filter 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 NIR Cut Filter 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 NIR Cut Filter Analysis and Forecast
9.1 Introduction
9.2 North America NIR Cut Filter 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 NIR Cut Filter Market Size Forecast by Type
9.6.1 Mobile Application Type
9.6.2 High Precision Type
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 NIR Cut Filter Market Size Forecast by Applications
9.10.1 Camera
9.10.2 Projector
9.10.3 Stage
9.10.4 LED Light Source System
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 NIR Cut Filter Analysis and Forecast
10.1 Introduction
10.2 Europe NIR Cut Filter 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 NIR Cut Filter Market Size Forecast by Type
10.6.1 Mobile Application Type
10.6.2 High Precision Type
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 NIR Cut Filter Market Size Forecast by Applications
10.10.1 Camera
10.10.2 Projector
10.10.3 Stage
10.10.4 LED Light Source System
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 NIR Cut Filter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific NIR Cut Filter 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 NIR Cut Filter Market Size Forecast by Type
11.6.1 Mobile Application Type
11.6.2 High Precision Type
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 NIR Cut Filter Market Size Forecast by Applications
11.10.1 Camera
11.10.2 Projector
11.10.3 Stage
11.10.4 LED Light Source System
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 NIR Cut Filter Analysis and Forecast
12.1 Introduction
12.2 Latin America NIR Cut Filter 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 NIR Cut Filter Market Size Forecast by Type
12.6.1 Mobile Application Type
12.6.2 High Precision Type
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 NIR Cut Filter Market Size Forecast by Applications
12.10.1 Camera
12.10.2 Projector
12.10.3 Stage
12.10.4 LED Light Source System
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) NIR Cut Filter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) NIR Cut Filter 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) NIR Cut Filter Market Size Forecast by Type
13.6.1 Mobile Application Type
13.6.2 High Precision Type
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) NIR Cut Filter Market Size Forecast by Applications
13.10.1 Camera
13.10.2 Projector
13.10.3 Stage
13.10.4 LED Light Source System
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 NIR Cut Filter Market: Competitive Dashboard
14.2 Global NIR Cut Filter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SCHOTT AG
14.3.2 Pyramid Imaging, Inc.
14.3.3 Sunex Opticals
14.3.4 Edmund Optics
14.3.5 MidOpt Filters
14.3.6 Tae Young Optics
14.3.7 Astra Products, Inc.
14.3.8 Knight Optical
14.3.9 Microwave Filter Company, Inc.
14.3.10 Visiontek Systems Ltd.
