Global Collimating Lenses Market Insights and Forecast to 2028

Collimating is the process of accurately aligning light or particles in a parallel fashion. For light measurement, this ensures that the light has minimal spread as it propagates. Collimating lenses are for examples attached to spectrometers, colorimeters or light meters to ensure that the light that enters the instrument is parallel and provide accurate readings.
Market Analysis and Insights: Global Collimating Lenses Market
Due to the COVID-19 pandemic, the global Collimating Lenses market size is estimated to be worth US$ 342.4 million in 2022 and is forecast to a readjusted size of US$ 427.2 million by 2028 with a CAGR of 3.8% during the review period. Fully considering the economic change by this health crisis, Glass accounting for % of the Collimating Lenses global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Automotive segment is altered to an % CAGR throughout this forecast period.
China Collimating Lenses market size is valued at US$ million in 2021, while the US and Europe Collimating Lenses are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Collimating Lenses landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Collimating Lenses include Lightpath Technologies, Ocean Optics, Ingeneric, Trioptics, Avantes, Auer Lighting, IPG Photonics, Optikos and The Optoelectronics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Collimating Lenses capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Collimating Lenses by region (region level and country level), by company, by Materials and by Application. from 2017 to 2022 and forecast to 2028.
Global Collimating Lenses Scope and Segment
Collimating Lenses market is segmented by Materials and by Application. Players, stakeholders, and other participants in the global Collimating Lenses market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Materials and by Application for the period 2017-2028.
Segment by Materials
Glass
Plastic
Others
Segment by Application
Automotive
Medical
LiDAR
Light and Display Measurement
Spectroscopy
Interferometry
Others
By Company
Lightpath Technologies
Ocean Optics
Ingeneric
Trioptics
Avantes
Auer Lighting
IPG Photonics
Optikos
The Optoelectronics
Thorlabs
AMS Technologies
Axetris
Broadcom
Bentham Instruments
Casix
Edmund Optics
Fisba
Hamamatsu Photonics
Opto-Line
Ushio
Shanghai Optics
Go!Foton
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E