Market Overview:
The global optical mirror 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 solar energy and semiconductor applications, and the growing astronomy sector. In terms of type, the global optical mirror market is segmented into aspheric type, spherical type, and flat type. Of these, the aspheric type segment is expected to grow at a higher CAGR during the forecast period from 2018 to 2030. This can be attributed to its superior performance characteristics as compared with other types of mirrors. In terms of application, the global optical mirror market is divided into solar energy applications, semiconductor applications, astronomy applications, and others (including medical imaging and laser systems).
Product Definition:
An optical mirror is a reflective surface that bounces light towards its source. It is often used to reflect light inwards, towards the focal point of a system. Optical mirrors are an important part of many optical systems, and are used in devices such as telescopes and microscopes.
Aspheric Type:
Aspheric type is used in Optical Mirrors to correct the distortion caused by the lens. Aspheric lenses are made of glass and have a non-uniform thickness along their surface. This causes an optical distortion which can be corrected using aspheric type lenses.
Spherical Type:
The spherical type is used in the optical mirror market owing to its properties such as high tolerance, low weight and cost effectiveness. The main factor that makes it different from other types of glass mirrors is the surface on which light travels before being reflected or refracted. In a spherical mirror, there are no sharp angles so light rays coming off at any angle hit the back of the mirror and continue their journey without changing its direction.
Application Insights:
The solar application segment accounted for the largest share of over 40.0% in 2017 and is expected to witness significant growth during the forecast period. The growing need for clean energy, coupled with rising environmental concerns regarding greenhouse gas emissions, has led to increased adoption of solar power plants across various regions. This trend is expected to continue over the forecast period as governments around the world attempt to reduce carbon emissions by increasing use of renewable sources such as wind and solar energy.
Semiconductor manufacturing is one of the most prominent applications that utilizes mirrors extensively due to their ability to create a nearly perfect image with very little distortion or blurriness. Semiconductor manufacturers utilize these mirrors in their production lines since they provide an economical alternative while improving worker safety along with other benefits such as increased efficiency and reduced operating costs at a same time maintaining high quality standards required by customers worldwide.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of optical manufacturing companies and research centers. The region is expected to maintain its dominance over the forecast period due to increasing demand for high-quality mirrors from various end-use industries, such as aerospace & defense, automotive, marine & underwater technology.
Asia Pacific is projected to be one of the fastest growing regions during the forecast period owing to rapid industrialization and technological advancements in countries like China and Japan. In addition, rising investments by major players for production facilities expansion are anticipated to drive industry growth over this six year period. For instance; In January 2016, Corning Incorporated opened a new facility in Taiwan with an investment exceeding USD X million for expanding its glass fiber optic cable manufacturing capacity.
Growth Factors:
- Increasing demand for optical mirror in the defense and aerospace sector
- Growing demand for optical mirror from the medical industry
- Rising popularity of laser technology
- Proliferation of nanotechnology
- Development of innovative manufacturing techniques
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Mirror Market Research Report
By Type
Aspheric Type, Spherical Type, Flat Type
By Application
Solar, Semiconductor, Astronomy, Others
By Companies
Asahi Glass Co.,Ltd (AGC), Schott AG, Pilkington, Saint-Gobain, Optiques Fullum, Rocky Mountain Instrument Co., Sydor, Intane Optics, Zygo, Knight Optical, Asahi Glass Co.,Ltd (AGC), Bond Optics,LLC, Laser Tools Co.,Inc, Edmund Optics, Esco Optical, Advanced Opticals
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Optical Mirror Market Report Segments:
The global Optical Mirror market is segmented on the basis of:
Types
Aspheric Type, Spherical Type, Flat 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
Solar, Semiconductor, Astronomy, 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:
- Asahi Glass Co.,Ltd (AGC)
- Schott AG
- Pilkington
- Saint-Gobain
- Optiques Fullum
- Rocky Mountain Instrument Co.
- Sydor
- Intane Optics
- Zygo
- Knight Optical
- Asahi Glass Co.,Ltd (AGC)
- Bond Optics,LLC
- Laser Tools Co.,Inc
- Edmund Optics
- Esco Optical
- Advanced Opticals
Highlights of The Optical Mirror 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:
- Aspheric Type
- Spherical Type
- Flat Type
- By Application:
- Solar
- Semiconductor
- Astronomy
- 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 Mirror 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?
An optical mirror is a surface that reflects light.
Some of the major players in the optical mirror market are Asahi Glass Co.,Ltd (AGC), Schott AG, Pilkington, Saint-Gobain, Optiques Fullum, Rocky Mountain Instrument Co., Sydor, Intane Optics, Zygo, Knight Optical, Asahi Glass Co.,Ltd (AGC), Bond Optics,LLC, Laser Tools Co.,Inc, Edmund Optics, Esco Optical, Advanced Opticals.
The optical mirror 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 Mirror 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 Mirror Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Mirror 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 Mirror 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 Mirror Market Size & Forecast, 2018-2028
4.5.1 Optical Mirror Market Size and Y-o-Y Growth
4.5.2 Optical Mirror Market Absolute $ Opportunity
Chapter 5 Global Optical Mirror 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 Optical Mirror Market Size Forecast by Type
5.2.1 Aspheric Type
5.2.2 Spherical Type
5.2.3 Flat Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Mirror 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 Optical Mirror Market Size Forecast by Applications
6.2.1 Solar
6.2.2 Semiconductor
6.2.3 Astronomy
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Mirror 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 Mirror 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 Optical Mirror Analysis and Forecast
9.1 Introduction
9.2 North America Optical Mirror 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 Optical Mirror Market Size Forecast by Type
9.6.1 Aspheric Type
9.6.2 Spherical Type
9.6.3 Flat 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 Optical Mirror Market Size Forecast by Applications
9.10.1 Solar
9.10.2 Semiconductor
9.10.3 Astronomy
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 Optical Mirror Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Mirror 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 Optical Mirror Market Size Forecast by Type
10.6.1 Aspheric Type
10.6.2 Spherical Type
10.6.3 Flat 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 Optical Mirror Market Size Forecast by Applications
10.10.1 Solar
10.10.2 Semiconductor
10.10.3 Astronomy
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 Optical Mirror Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Mirror 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 Optical Mirror Market Size Forecast by Type
11.6.1 Aspheric Type
11.6.2 Spherical Type
11.6.3 Flat 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 Optical Mirror Market Size Forecast by Applications
11.10.1 Solar
11.10.2 Semiconductor
11.10.3 Astronomy
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 Optical Mirror Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Mirror 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 Optical Mirror Market Size Forecast by Type
12.6.1 Aspheric Type
12.6.2 Spherical Type
12.6.3 Flat 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 Optical Mirror Market Size Forecast by Applications
12.10.1 Solar
12.10.2 Semiconductor
12.10.3 Astronomy
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) Optical Mirror Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Mirror 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) Optical Mirror Market Size Forecast by Type
13.6.1 Aspheric Type
13.6.2 Spherical Type
13.6.3 Flat 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) Optical Mirror Market Size Forecast by Applications
13.10.1 Solar
13.10.2 Semiconductor
13.10.3 Astronomy
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 Mirror Market: Competitive Dashboard
14.2 Global Optical Mirror Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahi Glass Co.,Ltd (AGC)
14.3.2 Schott AG
14.3.3 Pilkington
14.3.4 Saint-Gobain
14.3.5 Optiques Fullum
14.3.6 Rocky Mountain Instrument Co.
14.3.7 Sydor
14.3.8 Intane Optics
14.3.9 Zygo
14.3.10 Knight Optical
14.3.11 Asahi Glass Co.,Ltd (AGC)
14.3.12 Bond Optics,LLC
14.3.13 Laser Tools Co.,Inc
14.3.14 Edmund Optics
14.3.15 Esco Optical
14.3.16 Advanced Opticals
