Market Overview:
The global optical filters market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for colored optical filters, band-pass optical filters, high-pass optical filters, and low-pass optical filters from various applications such as medical equipment, household electronics, industrial equipment and others. Additionally, the growing demand for these products in regions such as North America, Latin America Europe Asia Pacific and Middle East & Africa is also contributing to the growth of this market.
Product Definition:
Optical filters are devices that selectively transmit certain wavelengths of light while absorbing or reflecting others. They are used in a wide variety of applications, including photography, astronomy, and medical diagnosis. Optical filters play an important role in many scientific and technological fields by allowing researchers to study specific wavelengths of light that would otherwise be obscured by other signals.
Colored Optical Filter:
The colored optical filters are used to select a certain band of wavelengths in the light beam. The filter is usually made from glass or plastic and has different layers of color. Each layer allows a different band of wavelengths to pass through, hence the name colored optical filter. It's main application is in laser printing systems where it's used for improving print quality by reducing unwanted lights and colors from entering into printer while printing on various materials like cardboards, plastics & metals etc.
Band-pass Optical Filter:
A band-pass optical filter is an optical filter that passes only the desired light through to the next stage. It is used in various applications such as laser delivery systems, communications, and remote sensing. The term “band” in a band-pass filter means it allows only certain wavelengths of light to pass through; typically between 10 nm and 1 mm or between 4 GHz and 4 THz.
Application Insights:
The others application segment accounted for the largest revenue share in 2016 and is anticipated to witness significant growth over the forecast period. Other applications include security, surveillance, and optical networking equipment. The growing adoption of networked cameras across various industries including security, government & public infrastructure monitoring, healthcare is expected to drive demand for filters over the next eight years.
The household electronics segment accounted for a significant revenue share in 2016 owing to increasing use of internet-connected devices such as smart TVs, set-top boxes (STB), gaming consoles among others that require high performance optics.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and OEMs. The region is expected to maintain its dominance over the forecast period due to increasing demand for high-performance optical filters from various end-use industries such as aerospace & defense, electronics, automotive, etc.
Asia Pacific is projected to be one of the fastest growing regions during the forecast period owing to rapid industrialization and growth in IT & telecom industry across countries such as China, India Japan among others are expected drive regional growth over next eight years.
Latin America also presents significant opportunities for industry expansion on account of rising penetration rates for telecommunication services.
Growth Factors:
- Increasing demand for optical filters in the defense and aerospace industries for use in imaging and detection applications.
- Growing demand for optical filters from the medical industry for use in endoscopy, microscopy, and other medical applications.
- Increasing demand from the telecommunications industry for optical filters used in fiber-optic communication systems.
- Rapid growth of the LED lighting market is expected to drive growth of the optical filter market over the next few years as LEDs become increasingly used in lighting applications.
- Advances in nanotechnology are expected to lead to new opportunities for optical filter manufacturers as nanofilters find increasing application in a variety of industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Filters Market Research Report
By Type
Colored Optical Filter, Band-pass Optical Filter, High-pass Optical Filter, Low-pass Optical Filter, Band-stop Optical Filter
By Application
Medical Equipment, Household Electronics, Industrial Equipment, Others
By Companies
Alluxa, Altechna, Daheng New Epoch Technology, Edmund Industrial Optics, Fujifilm NDT Systems, GALVOPTICS, JDSU, Knight Optical, laservision, Optosigma Corporation, Alluxa, PROTECTLaserschutz, Research Electro-Optics, Reynard Corporation, Ricoh, SCHOTT GLAS, Umicore Electronic Materials, VISION & CONTROL
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Optical Filters Market Report Segments:
The global Optical Filters market is segmented on the basis of:
Types
Colored Optical Filter, Band-pass Optical Filter, High-pass Optical Filter, Low-pass Optical Filter, Band-stop Optical Filter
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
Medical Equipment, Household Electronics, Industrial Equipment, 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:
- Alluxa
- Altechna
- Daheng New Epoch Technology
- Edmund Industrial Optics
- Fujifilm NDT Systems
- GALVOPTICS
- JDSU
- Knight Optical
- laservision
- Optosigma Corporation
- Alluxa
- PROTECTLaserschutz
- Research Electro-Optics
- Reynard Corporation
- Ricoh
- SCHOTT GLAS
- Umicore Electronic Materials
- VISION & CONTROL
Highlights of The Optical 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:
- Colored Optical Filter
- Band-pass Optical Filter
- High-pass Optical Filter
- Low-pass Optical Filter
- Band-stop Optical Filter
- By Application:
- Medical Equipment
- Household Electronics
- Industrial Equipment
- 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 Optical 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
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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?
An optical filter is a thin piece of material that is placed over the lens of an optical device to alter the light that enters it. Optical filters are used in photography, video recording, and other imaging applications to control the amount of light that reaches the camera sensor or display.
Some of the key players operating in the optical filters market are Alluxa, Altechna, Daheng New Epoch Technology, Edmund Industrial Optics, Fujifilm NDT Systems, GALVOPTICS, JDSU, Knight Optical, laservision, Optosigma Corporation, Alluxa, PROTECTLaserschutz, Research Electro-Optics, Reynard Corporation, Ricoh, SCHOTT GLAS, Umicore Electronic Materials, VISION & CONTROL.
The optical filters 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 Optical 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 Optical Filters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Optical 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 Optical 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 Optical Filters Market Size & Forecast, 2020-2028 4.5.1 Optical Filters Market Size and Y-o-Y Growth 4.5.2 Optical 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 Colored Optical Filter
5.2.2 Band-pass Optical Filter
5.2.3 High-pass Optical Filter
5.2.4 Low-pass Optical Filter
5.2.5 Band-stop Optical Filter
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 Medical Equipment
6.2.2 Household Electronics
6.2.3 Industrial Equipment
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical 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 Optical 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 Colored Optical Filter
9.6.2 Band-pass Optical Filter
9.6.3 High-pass Optical Filter
9.6.4 Low-pass Optical Filter
9.6.5 Band-stop Optical Filter
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 Medical Equipment
9.10.2 Household Electronics
9.10.3 Industrial Equipment
9.10.4 Others
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 Colored Optical Filter
10.6.2 Band-pass Optical Filter
10.6.3 High-pass Optical Filter
10.6.4 Low-pass Optical Filter
10.6.5 Band-stop Optical Filter
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 Medical Equipment
10.10.2 Household Electronics
10.10.3 Industrial Equipment
10.10.4 Others
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 Colored Optical Filter
11.6.2 Band-pass Optical Filter
11.6.3 High-pass Optical Filter
11.6.4 Low-pass Optical Filter
11.6.5 Band-stop Optical Filter
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 Medical Equipment
11.10.2 Household Electronics
11.10.3 Industrial Equipment
11.10.4 Others
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 Colored Optical Filter
12.6.2 Band-pass Optical Filter
12.6.3 High-pass Optical Filter
12.6.4 Low-pass Optical Filter
12.6.5 Band-stop Optical Filter
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 Medical Equipment
12.10.2 Household Electronics
12.10.3 Industrial Equipment
12.10.4 Others
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 Colored Optical Filter
13.6.2 Band-pass Optical Filter
13.6.3 High-pass Optical Filter
13.6.4 Low-pass Optical Filter
13.6.5 Band-stop Optical Filter
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 Medical Equipment
13.10.2 Household Electronics
13.10.3 Industrial Equipment
13.10.4 Others
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 Optical Filters Market: Competitive Dashboard
14.2 Global Optical Filters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alluxa
14.3.2 Altechna
14.3.3 Daheng New Epoch Technology
14.3.4 Edmund Industrial Optics
14.3.5 Fujifilm NDT Systems
14.3.6 GALVOPTICS
14.3.7 JDSU
14.3.8 Knight Optical
14.3.9 laservision
14.3.10 Optosigma Corporation
14.3.11 Alluxa
14.3.12 PROTECTLaserschutz
14.3.13 Research Electro-Optics
14.3.14 Reynard Corporation
14.3.15 Ricoh
14.3.16 SCHOTT GLAS
14.3.17 Umicore Electronic Materials
14.3.18 VISION & CONTROL