DUBLIN, Aug. 22, 2023 /PRNewswire/ — The “Collimating Lens – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market perspective presented in this report focuses on the Collimating Lens market, covering various geographic regions including the USA, Canada, Japan, China, Europe, Asia-Pacific, and the Rest of the World.
The analysis includes a comprehensive examination of recent, current, and projected trends in this market. The report highlights key aspects such as LED, lasers, other light sources, light and display measurement, and other end-uses. It also delves into the applications of collimating lenses in industries like automobiles, medical devices, LiDAR technology, glass manufacturing, plastics, and other materials.
The analysis includes historical sales data from 2014 to 2021, and projections up to 2030, along with percentage CAGR calculations, offering a comprehensive overview of the Collimating Lens market landscape.
Global Collimating Lens Market to Reach $565.6 Million by 2030
In the changed post COVID-19 business landscape, the global market for Collimating Lens estimated at US$351.2 Million in the year 2022, is projected to reach a revised size of US$565.6 Million by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030.
LED, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$293.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Laser segment is readjusted to a revised 6.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $102.8 Million, While China is Forecast to Grow at 5.7% CAGR
The Collimating Lens market in the U.S. is estimated at US$102.8 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$98.7 Million by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 4.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.
What`s New for 2023?
- Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Collimating Lens – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
A selection of companies mentioned in this report includes
- AMS Technologies AG
- Auer Lighting GmbH
- Avantes Bv
- Axetris AG
- Bentham Instruments Limited
- Broadcom Limited
- Casix, Inc.
- Edmund Optics Inc.
- Fisba AG
- Hamamatsu Photonics K.K.
- Ingeneric GmbH
- IPG Photonics Corporation
- Lightpath Technologies, Inc.
- Ocean Optics, Inc.
- Optikos Corporation
- Opto-Line, Inc.
- The Optoelectronics Co. Ltd.
- Thorlabs Inc.
- Trioptics GmbH
- Ushio Inc.
For more information about this report visit https://www.researchandmarkets.com/r/iejo5v
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