The global refractive optical element market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for laser material processing and medical applications. The beam shaping/to-hat segment accounted for the largest share in the global refractive optical element market in 2018, followed by beam splitting and beam focusing segments. Beam shaping/to-hat segment was also projected to be fastest growing segment during the forecast period, owing to its wide application in laser material processing and medical applications. North America accounted for the largest share of this market in 2018, followed by Europe and Asia Pacific respectively.
- The increasing demand for smartphones and tablets is driving the growth of the refractive optical element market.
- The increasing use of 3D displays in televisions, gaming consoles, and other devices is also driving the growth of this market.
- The growing demand for wearable devices such as smart glasses and augmented reality headsets is also a major factor that will drive the growth of this market in the near future.
- Increasing awareness about eye care among people will lead to an increase in demand for refractive optical elements which can be used to correct vision problems such as myopia or hyperopia.
- Increasing disposable income levels among people will lead to an increase in demand for high-end products such as refractive optical elements.
Industry Growth Insights published a new data on “Refractive Optical Element Market”. The research report is titled “Refractive Optical Element Market research by Types (Beam Shaping / Top-Hat, Beam Splitting, Beam Foci), By Applications (Laser Material Processing, Medical, Other), By Players/Companies Jenoptik, Holo/Or Ltd., HORIBA, Newport Corporation, Zeiss, Shimadzu Corporation, Edmund Optics, Lightsmyth (Finisar), Optometrics (Dynasil), Kaiser Optical Systems, SUSS MicroTec AG., Photop Technologies, Wasatch Photonics, Headwall Photonics, Plymouth Grating Lab, Spectrogon AB, RPC Photonics, SILIOS Technologies, GratingWorks”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Refractive Optical Element Market Research Report
By Type
Beam Shaping / Top-Hat, Beam Splitting, Beam Foci
By Application
Laser Material Processing, Medical, Other
By Companies
Jenoptik, Holo/Or Ltd., HORIBA, Newport Corporation, Zeiss, Shimadzu Corporation, Edmund Optics, Lightsmyth (Finisar), Optometrics (Dynasil), Kaiser Optical Systems, SUSS MicroTec AG., Photop Technologies, Wasatch Photonics, Headwall Photonics, Plymouth Grating Lab, Spectrogon AB, RPC Photonics, SILIOS Technologies, GratingWorks
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Refractive Optical Element Market Report Segments:
The global Refractive Optical Element market is segmented on the basis of:
Types
Beam Shaping / Top-Hat, Beam Splitting, Beam Foci
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
Laser Material Processing, Medical, Other
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:
- Jenoptik
- Holo/Or Ltd.
- HORIBA
- Newport Corporation
- Zeiss
- Shimadzu Corporation
- Edmund Optics
- Lightsmyth (Finisar)
- Optometrics (Dynasil)
- Kaiser Optical Systems
- SUSS MicroTec AG.
- Photop Technologies
- Wasatch Photonics
- Headwall Photonics
- Plymouth Grating Lab
- Spectrogon AB
- RPC Photonics
- SILIOS Technologies
- GratingWorks
Highlights of The Refractive Optical Element 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:
- Beam Shaping / Top-Hat
- Beam Splitting
- Beam Foci
- By Application:
- Laser Material Processing
- Medical
- Other
- 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 Refractive Optical Element 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?
A refractive optical element is a device that alters the path of light passing through it, causing an image to be formed on a screen or other viewing surface.
Some of the major players in the refractive optical element market are Jenoptik, Holo/Or Ltd., HORIBA, Newport Corporation, Zeiss, Shimadzu Corporation, Edmund Optics, Lightsmyth (Finisar), Optometrics (Dynasil), Kaiser Optical Systems, SUSS MicroTec AG., Photop Technologies, Wasatch Photonics, Headwall Photonics, Plymouth Grating Lab, Spectrogon AB, RPC Photonics, SILIOS Technologies, GratingWorks.
The refractive optical element market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Refractive Optical Element 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. Refractive Optical Element Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Refractive Optical Element Market - Supply Chain
4.5. Global Refractive Optical Element Market Forecast
4.5.1. Refractive Optical Element Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Refractive Optical Element Market Size (000 Units) and Y-o-Y Growth
4.5.3. Refractive Optical Element Market Absolute $ Opportunity
5. Global Refractive Optical Element 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. Refractive Optical Element Market Size and Volume Forecast by Type
5.3.1. Beam Shaping / Top-Hat
5.3.2. Beam Splitting
5.3.3. Beam Foci
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Refractive Optical Element 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. Refractive Optical Element Market Size and Volume Forecast by Application
6.3.1. Laser Material Processing
6.3.2. Medical
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Refractive Optical Element 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. Refractive Optical Element 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 Refractive Optical Element 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. Refractive Optical Element 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 Refractive Optical Element Demand Share Forecast, 2019-2026
9. North America Refractive Optical Element 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 Refractive Optical Element 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 Refractive Optical Element Market Size and Volume Forecast by Application
9.4.1. Laser Material Processing
9.4.2. Medical
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Refractive Optical Element Market Size and Volume Forecast by Type
9.7.1. Beam Shaping / Top-Hat
9.7.2. Beam Splitting
9.7.3. Beam Foci
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 Refractive Optical Element Demand Share Forecast, 2019-2026
10. Latin America Refractive Optical Element 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 Refractive Optical Element 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 Refractive Optical Element Market Size and Volume Forecast by Application
10.4.1. Laser Material Processing
10.4.2. Medical
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Refractive Optical Element Market Size and Volume Forecast by Type
10.7.1. Beam Shaping / Top-Hat
10.7.2. Beam Splitting
10.7.3. Beam Foci
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 Refractive Optical Element Demand Share Forecast, 2019-2026
11. Europe Refractive Optical Element 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 Refractive Optical Element 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 Refractive Optical Element Market Size and Volume Forecast by Application
11.4.1. Laser Material Processing
11.4.2. Medical
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Refractive Optical Element Market Size and Volume Forecast by Type
11.7.1. Beam Shaping / Top-Hat
11.7.2. Beam Splitting
11.7.3. Beam Foci
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections 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 Refractive Optical Element Demand Share, 2019-2026
12. Asia Pacific Refractive Optical Element 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 Refractive Optical Element 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 Refractive Optical Element Market Size and Volume Forecast by Application
12.4.1. Laser Material Processing
12.4.2. Medical
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Refractive Optical Element Market Size and Volume Forecast by Type
12.7.1. Beam Shaping / Top-Hat
12.7.2. Beam Splitting
12.7.3. Beam Foci
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 Refractive Optical Element Demand Share, 2019-2026
13. Middle East & Africa Refractive Optical Element 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 Refractive Optical Element 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 Refractive Optical Element Market Size and Volume Forecast by Application
13.4.1. Laser Material Processing
13.4.2. Medical
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Refractive Optical Element Market Size and Volume Forecast by Type
13.7.1. Beam Shaping / Top-Hat
13.7.2. Beam Splitting
13.7.3. Beam Foci
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 Refractive Optical Element Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Refractive Optical Element Market: Market Share Analysis
14.2. Refractive Optical Element Distributors and Customers
14.3. Refractive Optical Element Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Jenoptik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Holo/Or Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HORIBA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Newport Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zeiss
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shimadzu Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Edmund Optics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lightsmyth (Finisar)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Optometrics (Dynasil)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kaiser Optical Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SUSS MicroTec AG.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Photop Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wasatch Photonics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Headwall Photonics
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Plymouth Grating Lab
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Spectrogon AB
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. RPC Photonics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SILIOS Technologies
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. GratingWorks
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