Market Overview:
The global optics cage systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision instruments and optical mechanical and electrical products, rising adoption of optics cage systems in machine manufacturing, and growing experimental study applications. However, the high cost of optics cage systems may restrain the growth of this market to some extent during the forecast period. Based on type, the global optics cage systems market can be segmented into open system and closed system. Closed system is expected to account for a larger share of this market than open system during the forecast period owing to its advantages such as protection against environmental contaminants and prevention of loss or theft of components or samples. Based on application,the global optics cage systemsmarket can be segmented into optical mechanical and electrical products, precision instrument, machine manufacturing, experimental study applicationsand others (including medical research).
Product Definition:
Optics cage systems are an important part of optical equipment. They provide a stable platform for the optics, which helps to ensure accurate and consistent results.
Open System:
An open system is a device or assembly that allows the addition, removal and alteration of components while retaining the functionality. In other words, it’s an approach where all components are accessible for service and maintenance. Open systems are widely used in various industries such as automotive, aerospace & defense and electronics owing to their benefits such as flexibility in design choice coupled with low cost of ownership.
Closed System:
Closed system is a term used in optics to define an assembly of components that are not open to the external environment. In other words, it is a system where all internal parts are sealed from the external environment so as to avoid any kind of contamination. Closed systems can be made up of glass, metal or plastic and can be used for applications such as spectroscopy, microscopy and others.
Application Insights:
The optical mechanical and electrical products application segment accounted for the largest revenue share in 2017. The growth is attributed to the increasing demand for optoelectronic devices that require high purity lenses, mirrors, prisms and other optical components. Optical mechanical products such as spectacles, binoculars and microscopes are widely used across several end-use industries including medical, construction and defense among others.
Optical fibers play a significant role in various applications such as telecommunication (FTTx), information technology (IT) infrastructure protection from natural disasters like earthquakes or typhoons by providing reliable communication services at a reasonable price during emergencies.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major optoelectronic component manufacturers and a large number of research & development facilities. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities related to optics cages. Europe accounted for a significant share in terms of revenue, as several companies are opting for European Union (EU) certification, which verifies that all products meet safety standards. This is attributed to growing product demand from various end-use industries such as automotive and aerospace.
Asia Pacific regional market captured significant growth opportunities due towards rapid industrialization along with rising adoption by OEMs manufacturing machine components and precision equipment used in laboratories & research centers across numerous industries including healthcare, electronics, etc.). Furthermore, emerging economies such as China and India have been witnessing strong economic growth over recent years; this trend is expected continue through the forecast period thereby driving industry expansion. Moreover Optronics Technology Co., Ltd.
Growth Factors:
- Increasing demand for miniaturized and lightweight optics systems in defense and aerospace applications
- Growing demand for optics systems in medical diagnostics and treatment
- Increasing use of optics systems in automobiles and other transportation applications
- Proliferation of optical sensors and detectors across a wide range of industrial, commercial, and consumer applications
- Advances in optical materials, coatings, fabrication techniques, and packaging technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Optics Cage Systems Market Research Report
By Type
Open System, Closed System
By Application
Optical Mechanical and Electrical Products, Precision Instrument, Machine Manufacturing, Experimental Study, Others
By Companies
Newport, Thorlabs, OptoSigma, Edmund Optics, tacomHQ, Excelitas, OP Mount Instrument
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Optics Cage Systems Market Report Segments:
The global Optics Cage Systems market is segmented on the basis of:
Types
Open System, Closed System
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
Optical Mechanical and Electrical Products, Precision Instrument, Machine Manufacturing, Experimental Study, 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:
- Newport
- Thorlabs
- OptoSigma
- Edmund Optics
- tacomHQ
- Excelitas
- OP Mount Instrument
Highlights of The Optics Cage Systems 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:
- Open System
- Closed System
- By Application:
- Optical Mechanical and Electrical Products
- Precision Instrument
- Machine Manufacturing
- Experimental Study
- 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 Optics Cage Systems 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?
Optics Cage Systems is a company that manufactures and sells optical enclosures, which are used to protect equipment from the effects of electromagnetic radiation.
Some of the major companies in the optics cage systems market are Newport, Thorlabs, OptoSigma, Edmund Optics, tacomHQ, Excelitas, OP Mount Instrument.
The optics cage systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optics Cage Systems 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 Optics Cage Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optics Cage Systems 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 Optics Cage Systems 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 Optics Cage Systems Market Size & Forecast, 2020-2028
4.5.1 Optics Cage Systems Market Size and Y-o-Y Growth
4.5.2 Optics Cage Systems 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 Open System
5.2.2 Closed System
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 Optical Mechanical and Electrical Products
6.2.2 Precision Instrument
6.2.3 Machine Manufacturing
6.2.4 Experimental Study
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optics Cage Systems 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 Optics Cage Systems 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 Open System
9.6.2 Closed System
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 Optical Mechanical and Electrical Products
9.10.2 Precision Instrument
9.10.3 Machine Manufacturing
9.10.4 Experimental Study
9.10.5 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 Open System
10.6.2 Closed System
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 Optical Mechanical and Electrical Products
10.10.2 Precision Instrument
10.10.3 Machine Manufacturing
10.10.4 Experimental Study
10.10.5 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 Open System
11.6.2 Closed System
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 Optical Mechanical and Electrical Products
11.10.2 Precision Instrument
11.10.3 Machine Manufacturing
11.10.4 Experimental Study
11.10.5 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 Open System
12.6.2 Closed System
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 Optical Mechanical and Electrical Products
12.10.2 Precision Instrument
12.10.3 Machine Manufacturing
12.10.4 Experimental Study
12.10.5 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 Open System
13.6.2 Closed System
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 Optical Mechanical and Electrical Products
13.10.2 Precision Instrument
13.10.3 Machine Manufacturing
13.10.4 Experimental Study
13.10.5 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 Optics Cage Systems Market: Competitive Dashboard
14.2 Global Optics Cage Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Newport
14.3.2 Thorlabs
14.3.3 OptoSigma
14.3.4 Edmund Optics
14.3.5 tacomHQ
14.3.6 Excelitas
14.3.7 OP Mount Instrument
