Market Overview:
Microlens arrays are optical devices that use a large number of small lenses to collect and focus light. They are used in a variety of applications, including telecommunications, automotive industry, solar modules, medical industry and others. The global microlens arrays market is expected to grow at a CAGR of 9.5% from 2018 to 2030. Some of the key factors driving the growth of this market include the increasing demand for miniaturized and high-performance optical devices and rising adoption of microlens arrays in various applications.
Product Definition:
A microlens array (MLA) is a device consisting of an array of small lenses. MLA's have many applications, the most common being in digital cameras where they are used to improve image quality. Other applications include medical imaging, microscopy and optical communications.
Aspherical Microlens Array:
Aspherical Microlens Array is a type of micro lens array that has been optimized for high performance in the visible light range. The main characteristic of this type of lens array is that they are capable to gather more light than conventional lenses and focus it on a single point with higher resolution. As compared to concave micro lens arrays, convex microlens arrays gather more light and can be used for focusing images with better clarity.
Spherical Microlens Array:
A spherical microlens array is a type of micro lens that consists of numerous individual lenses, which are concentric with each other and are placed in a sphere. The image captured by the lens is projected on the retina as if it were an optical ray. Spherical Microlens Arrays can be used for various applications such as 3D vision, surveillance & monitoring or virtual reality entertainment.
Application Insights:
The telecommunications and IT application segment accounted for the largest revenue share in 2016. The rising demand for high-speed data transfer and communication is expected to drive the growth of this segment over the forecast period.
Telecommunications and IT sector is anticipated to be one of the prominent users of microlens array technology owing to its increasing use in optical fiber applications. The industry requires a large number of lenses as part of its infrastructure, which has resulted in increased adoption of microlens arrays by telecom companies worldwide.
The automotive industry was another major application area that accounted for significant market share in 2016 owing to growing use photovoltaic (PV) modules as a source material during production process, especially with respect to glass windshields or solar cells on car roofs.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of major players, such as Corning Incorporated and Schott AG. The region is expected to maintain its position during the forecast period owing to increasing demand for high-performance optical components from various end-use industries, such as aerospace & defense, automotive and marine applications.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising product adoption in emerging countries like China and India. In addition, favorable government initiatives regarding research & development activities are also expected drive regional market growth over the next eight years. For instance, ‘Make in India’ initiative by Indian Government aims at manufacturing products within country by encouraging domestic manufacturing units through various tax benefits etc.
Growth Factors:
- Increasing demand for miniaturized and high-performance optical devices
- Proliferation of advanced photonic and electronic technologies
- Growing adoption of microlens arrays in consumer electronics products
- Rising demand for cost-effective and high-quality imaging solutions
- Technological advancements in microlens array fabrication processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Microlens Arrays Market Research Report
By Type
Aspherical Microlens Array, Spherical Microlens Array
By Application
Telecommunications and IT, Automotive Industry, Solar Modules, Medical Industry, Others
By Companies
Asahi Glass Co., Ltd (AGC), RPC Photonics, Jenoptik, Ingeneric GmbH, LIMO GmbH, Nippon Electric Glass Co., Ltd (NEG), Nalux CO., LTD, Sumita Optical Glass, Inc, Holographix LLC, Axetris AG, Edmund Optics, PowerPhotonic, Newport Corporation (MKS Instruments)
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Microlens Arrays Market Report Segments:
The global Microlens Arrays market is segmented on the basis of:
Types
Aspherical Microlens Array, Spherical Microlens Array
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
Telecommunications and IT, Automotive Industry, Solar Modules, Medical Industry, 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)
- RPC Photonics
- Jenoptik
- Ingeneric GmbH
- LIMO GmbH
- Nippon Electric Glass Co., Ltd (NEG)
- Nalux CO., LTD
- Sumita Optical Glass, Inc
- Holographix LLC
- Axetris AG
- Edmund Optics
- PowerPhotonic
- Newport Corporation (MKS Instruments)
Highlights of The Microlens Arrays 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:
- Aspherical Microlens Array
- Spherical Microlens Array
- By Application:
- Telecommunications and IT
- Automotive Industry
- Solar Modules
- Medical Industry
- 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 Microlens Arrays 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.
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- 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?
Microlens arrays are a type of optical imaging technology that uses a large number of small lenses to create an image. This technology is often used in devices such as cameras and microscopes, because it allows for high resolution images.
Some of the key players operating in the microlens arrays market are Asahi Glass Co., Ltd (AGC), RPC Photonics, Jenoptik, Ingeneric GmbH, LIMO GmbH, Nippon Electric Glass Co., Ltd (NEG), Nalux CO., LTD, Sumita Optical Glass, Inc, Holographix LLC, Axetris AG, Edmund Optics, PowerPhotonic, Newport Corporation (MKS Instruments).
The microlens arrays market is expected to register a CAGR of 9.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microlens Arrays Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Microlens Arrays Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microlens Arrays Market - Supply Chain
4.5. Global Microlens Arrays Market Forecast
4.5.1. Microlens Arrays Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microlens Arrays Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microlens Arrays Market Absolute $ Opportunity
5. Global Microlens Arrays Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Microlens Arrays Market Size and Volume Forecast by Type
5.3.1. Aspherical Microlens Array
5.3.2. Spherical Microlens Array
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microlens Arrays Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Microlens Arrays Market Size and Volume Forecast by Application
6.3.1. Telecommunications and IT
6.3.2. Automotive Industry
6.3.3. Solar Modules
6.3.4. Medical Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microlens Arrays Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Microlens Arrays Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Microlens Arrays Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Microlens Arrays Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Microlens Arrays Demand Share Forecast, 2019-2026
9. North America Microlens Arrays Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Microlens Arrays Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Microlens Arrays Market Size and Volume Forecast by Application
9.4.1. Telecommunications and IT
9.4.2. Automotive Industry
9.4.3. Solar Modules
9.4.4. Medical Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microlens Arrays Market Size and Volume Forecast by Type
9.7.1. Aspherical Microlens Array
9.7.2. Spherical Microlens Array
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Microlens Arrays Demand Share Forecast, 2019-2026
10. Latin America Microlens Arrays Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Microlens Arrays Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Microlens Arrays Market Size and Volume Forecast by Application
10.4.1. Telecommunications and IT
10.4.2. Automotive Industry
10.4.3. Solar Modules
10.4.4. Medical Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microlens Arrays Market Size and Volume Forecast by Type
10.7.1. Aspherical Microlens Array
10.7.2. Spherical Microlens Array
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Microlens Arrays Demand Share Forecast, 2019-2026
11. Europe Microlens Arrays Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Microlens Arrays Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Microlens Arrays Market Size and Volume Forecast by Application
11.4.1. Telecommunications and IT
11.4.2. Automotive Industry
11.4.3. Solar Modules
11.4.4. Medical Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microlens Arrays Market Size and Volume Forecast by Type
11.7.1. Aspherical Microlens Array
11.7.2. Spherical Microlens Array
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectios by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Microlens Arrays Demand Share, 2019-2026
12. Asia Pacific Microlens Arrays Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Microlens Arrays Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Microlens Arrays Market Size and Volume Forecast by Application
12.4.1. Telecommunications and IT
12.4.2. Automotive Industry
12.4.3. Solar Modules
12.4.4. Medical Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microlens Arrays Market Size and Volume Forecast by Type
12.7.1. Aspherical Microlens Array
12.7.2. Spherical Microlens Array
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Microlens Arrays Demand Share, 2019-2026
13. Middle East & Africa Microlens Arrays Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Microlens Arrays Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Microlens Arrays Market Size and Volume Forecast by Application
13.4.1. Telecommunications and IT
13.4.2. Automotive Industry
13.4.3. Solar Modules
13.4.4. Medical Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microlens Arrays Market Size and Volume Forecast by Type
13.7.1. Aspherical Microlens Array
13.7.2. Spherical Microlens Array
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Microlens Arrays Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microlens Arrays Market: Market Share Analysis
14.2. Microlens Arrays Distributors and Customers
14.3. Microlens Arrays Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Asahi Glass Co., Ltd (AGC)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. RPC Photonics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jenoptik
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ingeneric GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LIMO GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nippon Electric Glass Co., Ltd (NEG)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nalux CO., LTD
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sumita Optical Glass, Inc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Holographix LLC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Axetris AG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Edmund Optics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PowerPhotonic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Newport Corporation (MKS Instruments)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
