Market Overview:
The global waveplates market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for waveplates in ultraviolet (UV), visible (VIS), and infrared (IR) wavelength ranges. In addition, the growing demand for waveplates from optical communication and defense applications is also contributing to the growth of the global waveplates market. North America dominates the global waveplates market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Waveplates are optical devices that are used to change the polarization of light. They can be used to rotate the polarization of light by a certain amount, or to completely circularly polarize the light. Waveplates are important because they can be used to control the polarization of light, which is important for many applications such as optical microscopy and lasers.
Quarter Waveplates (QWP):
QWP is a special type of waveplate, which has an advantage over the conventional ones in that it can absorb more energy. The QWPs are made from semiconductor materials such as silicon nitride and silicon dioxide. They work on the principle of quantum wells; here, instead of vibrating atoms or molecules at a fixed frequency, we have vibrating electron waves in a vacuum between two plates.
Half Waveplates (HWP):
Half waveplates are used in the manufacture of RF, microwave and optical filters. They are also used as a source or detector in various applications such as radar, satellite communications & navigation systems, wireless local area networks (WLAN), Bluetooth Low Energy (BLE) and Wi-Fi Protected Access (WPA). The product is manufactured using silica glass or silicon carbide depending on the application.
Application Insights:
The global waveplates market is segmented by application into ultraviolet (UV), visible (VIS) and infrared (IR) wavelength ranges. The UV wavelength range is expected to witness the fastest growth over the forecast period owing to its applications in various industries including semiconductors, space and defense. It also finds numerous applications in spectroscopy, microscopy and radiometry.
The VIS range of wavelengths is used for imaging purposes in ophthalmology as well as dental diagnostics. They are also used for studying molecular structures using X-ray diffraction techniques which are widely utilized across a variety of industries such as pharmaceuticals and chemicals among others.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of major players, technological advancements, and high demand for advanced waveplates. In addition, growing research activities undertaken by various universities and institutes are expected to drive the regional market over the forecast period.
The Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government initiatives in developing countries such as India and China along with Japan. For instance, according to a white paper published by Infosys in 2018 titled “Innovation: A Force that Transformsâ€; it was stated that more than USD X trillion will be invested globally in 5G network infrastructure projects between 2019 and 2025 which will require new technologies at a fundamental level including photonic crystals for efficient data transmission across long distances.
Growth Factors:
- Increasing demand for waveplates in the defense and aerospace industries for precise control of light waves
- Growing use of waveplates in optical communication systems to improve signal quality and transmission speeds
- Rising demand from the biomedical sector for advanced diagnostic and therapeutic applications
- Increasing popularity of waveplates in scientific research laboratories for studying the properties of light waves
- Proliferation of fiber-optic networks across commercial, industrial, and residential sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Waveplates Market Research Report
By Type
Quarter Waveplates (QWP), Half Waveplates (HWP)
By Application
Utraviolet (UV) Wavelength Ranges, Visible (VIS) Wavelength Ranges, Infrared (IR) Wavelength Ranges
By Companies
Edmund Optics, Thorlabs, Tower Optical Corporation, Kogakugiken, ALPHALAS, Meadowlark Optics, Inrad Optics, Knight Optical, Lasertec, Bolder Vision Optik, Edmund Optics, CVI Laser Optics, Rainbow Research Optics
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Waveplates Market Report Segments:
The global Waveplates market is segmented on the basis of:
Types
Quarter Waveplates (QWP), Half Waveplates (HWP)
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
Utraviolet (UV) Wavelength Ranges, Visible (VIS) Wavelength Ranges, Infrared (IR) Wavelength Ranges
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
- Thorlabs
- Tower Optical Corporation
- Kogakugiken
- ALPHALAS
- Meadowlark Optics
- Inrad Optics
- Knight Optical
- Lasertec
- Bolder Vision Optik
- Edmund Optics
- CVI Laser Optics
- Rainbow Research Optics
Highlights of The Waveplates 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:
- Quarter Waveplates (QWP)
- Half Waveplates (HWP)
- By Application:
- Utraviolet (UV) Wavelength Ranges
- Visible (VIS) Wavelength Ranges
- Infrared (IR) Wavelength Ranges
- 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 Waveplates 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?
Waveplates are a type of digital image that can be used to create images with a variety of effects. Waveplates are created by taking multiple pictures of the same object at different exposures and then combining them together to create an image with a variety of effects.
Some of the key players operating in the waveplates market are Edmund Optics, Thorlabs, Tower Optical Corporation, Kogakugiken, ALPHALAS, Meadowlark Optics, Inrad Optics, Knight Optical, Lasertec, Bolder Vision Optik, Edmund Optics, CVI Laser Optics, Rainbow Research Optics.
The waveplates market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waveplates 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 Waveplates Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waveplates 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 Waveplates 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 Waveplates Market Size & Forecast, 2018-2028
4.5.1 Waveplates Market Size and Y-o-Y Growth
4.5.2 Waveplates Market Absolute $ Opportunity
Chapter 5 Global Waveplates 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 Waveplates Market Size Forecast by Type
5.2.1 Quarter Waveplates (QWP)
5.2.2 Half Waveplates (HWP)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Waveplates 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 Waveplates Market Size Forecast by Applications
6.2.1 Utraviolet (UV) Wavelength Ranges
6.2.2 Visible (VIS) Wavelength Ranges
6.2.3 Infrared (IR) Wavelength Ranges
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waveplates 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 Waveplates 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 Waveplates Analysis and Forecast
9.1 Introduction
9.2 North America Waveplates 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 Waveplates Market Size Forecast by Type
9.6.1 Quarter Waveplates (QWP)
9.6.2 Half Waveplates (HWP)
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 Waveplates Market Size Forecast by Applications
9.10.1 Utraviolet (UV) Wavelength Ranges
9.10.2 Visible (VIS) Wavelength Ranges
9.10.3 Infrared (IR) Wavelength Ranges
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 Waveplates Analysis and Forecast
10.1 Introduction
10.2 Europe Waveplates 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 Waveplates Market Size Forecast by Type
10.6.1 Quarter Waveplates (QWP)
10.6.2 Half Waveplates (HWP)
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 Waveplates Market Size Forecast by Applications
10.10.1 Utraviolet (UV) Wavelength Ranges
10.10.2 Visible (VIS) Wavelength Ranges
10.10.3 Infrared (IR) Wavelength Ranges
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 Waveplates Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Waveplates 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 Waveplates Market Size Forecast by Type
11.6.1 Quarter Waveplates (QWP)
11.6.2 Half Waveplates (HWP)
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 Waveplates Market Size Forecast by Applications
11.10.1 Utraviolet (UV) Wavelength Ranges
11.10.2 Visible (VIS) Wavelength Ranges
11.10.3 Infrared (IR) Wavelength Ranges
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 Waveplates Analysis and Forecast
12.1 Introduction
12.2 Latin America Waveplates 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 Waveplates Market Size Forecast by Type
12.6.1 Quarter Waveplates (QWP)
12.6.2 Half Waveplates (HWP)
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 Waveplates Market Size Forecast by Applications
12.10.1 Utraviolet (UV) Wavelength Ranges
12.10.2 Visible (VIS) Wavelength Ranges
12.10.3 Infrared (IR) Wavelength Ranges
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) Waveplates Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Waveplates 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) Waveplates Market Size Forecast by Type
13.6.1 Quarter Waveplates (QWP)
13.6.2 Half Waveplates (HWP)
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) Waveplates Market Size Forecast by Applications
13.10.1 Utraviolet (UV) Wavelength Ranges
13.10.2 Visible (VIS) Wavelength Ranges
13.10.3 Infrared (IR) Wavelength Ranges
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 Waveplates Market: Competitive Dashboard
14.2 Global Waveplates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Edmund Optics
14.3.2 Thorlabs
14.3.3 Tower Optical Corporation
14.3.4 Kogakugiken
14.3.5 ALPHALAS
14.3.6 Meadowlark Optics
14.3.7 Inrad Optics
14.3.8 Knight Optical
14.3.9 Lasertec
14.3.10 Bolder Vision Optik
14.3.11 Edmund Optics
14.3.12 CVI Laser Optics
14.3.13 Rainbow Research Optics
