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The Fiber Optics Collimating Lens Market Size was valued at USD 637.28 million in 2022, and expected to reach USD 1.79 billion by 2030, and grow at a CAGR of 13.8% over the forecast period 2023-2030.
The market for fiber optics collimating lens is expected to have a variety of growth opportunities in the coming years. These market growth opportunities are possible through the increasing use of these fiber optics in the manufacturing and transportation sectors. The increasing use of these optics is possible due to their services and performance which has depended on high-speed bandwidth. The industry deals with heavy data, for instance, bins in warehouses, raw items, and the count of manufactured products. Therefore, based on these factors, the market is projected to grow at a significant rate in the coming years. Low cost over time, reliability, and network delays are some of the benefits associated closely with fiber networks. These fibers are secure due to the private network and its functionality by the lease owner. Any external organization cannot record or track information and data transmitted by fiber. In addition, the level of business security requires the constant transfer of sensitive data. Therefore, based on these factors, the fiber optics collimating market is estimated to grow at a significant rate.
KEY DRIVERS:
There is an increasing demand for reliable and secure networks.
Increasing demand for 5G networks.
The need for internet bandwidth is increasing.
RESTRAINTS:
Aspheric lenses have a high production cost.
OPPORTUNITIES:
Heavy data handling is required in the manufacturing and logistics industries.
The telecommunications business will provide attractive prospects.
CHALLENGES:
conventional copper-based cables.
A large expenditure is required to change the whole internet infrastructure.
COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption.
The market for fiber optics collimating lenses market saw a decline in the first two quarters of 2020, due to the spread of COVID-19. The outbreak has had a devastating effect on the market, as some of the leading players are based in China and the US, which were the countries most affected by the epidemic in the first half of 2020. Considering the current situation, key market players focused on saving and generating operating revenue, which has reduced the number of market developments by 2020 and 2021. The need for better internet infrastructure has fueled the demand for fiber optics and related components between 2020 and 2021, leading to strong market growth.
Based on Type, the Fiber Optics Collimating Lens Market is segmented into Adjustable and Fixed. In the coming years Fixed type will increase their market share.
Based on Lens Type, the Fiber Optics Collimating Lens Market is segmented into Fiber lenses and GRIN lenses.
Based on Mode, the Fiber Optics Collimating Lens Market is segmented into multimode and single mode.
Based on Wavelength, the Fiber Optics Collimating Lens Market is segmented into <1000 NM, 1000–1500 NM, 1500–2000 NM and >2000 NM.
Based on Application, the Fiber Optics Collimating Lens Market is segmented into Metrology, Medical Imaging & Diagnostic, Communication, Lasers and Detectors, Spectroscopy and Microscopy and Others.
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China is one of the largest and fastest growing economies in the world, with a large consumer electronics sector and a large population, which is in line with the growth of per capita income. Major Chinese industries have led to a growing demand for laser interferometer. OEMs are looking to further improve manufacturing processes in automotive production with precise measurements, which are expected to advance the laser interferometer market in China. The country is one of the world's largest automotive manufacturers and is a leading consumer electronics manufacturer. The Chinese government has authorized the production of in-house aircraft, including large passenger planes. China designs and manufactures jets, which will create a huge market for laser interferometer in the country. Therefore, the growing demand for laser interferometry in the country may increase the need for its supporting components, including fiber-optic collimating lenses. Therefore, the growth of fiber optics collimating lens in China is likely to accelerate market growth in APAC.
The key players in the Fiber Optics Collimating Lens Market are IPG Photonics Corporation, Thorlabs Inc, Edmund Optics, Gooch & Housego, AMS Technologies AG, Coherent, Fabrinet, Daheng New Epoch Technology, Rochester Precision Optics, Edmund Optics, Fabrinet, Electro-Optics Technology & Other Players.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 637.28 Mn |
| Market Size by 2030 | US$ 1.79 Bn |
| CAGR | CAGR of 13.8% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Adjustable, Fixed) • By Lens Type (Fiber Lenses, GRIN Lenses) • By Mode (Multimode, Single Mode) • By Wavelength (<1000>2000 NM) • By Application (Metrology, Medical Diagnostic & Imaging, Communication, Lasers And Detectors, Spectroscopy And Microscopy, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | IPG Photonics Corporation, Thorlabs Inc, Edmund Optics, Gooch & Housego, AMS Technologies AG, Coherent, Fabrinet, Daheng New Epoch Technology, Rochester Precision Optics, Edmund Optics, Fabrinet, Electro-Optics Technology |
| Key Drivers | • There is an increasing demand for reliable and secure networks. • Increasing demand for 5G networks. • The need for internet bandwidth is increasing. |
| Restraints | • Aspheric lenses have a high production cost. |
The Fiber Optics Collimating Lens Market Size was valued at USD 637.28 million in 2022.
The key players in the Fiber Optics Collimating Lens Market are IPG Photonics Corporation, Thorlabs Inc, Edmund Optics, Gooch & Housego, AMS Technologies AG, Coherent, Fabrinet, Daheng New Epoch Technology, Rochester Precision Optics, Edmund Optics, Fabrinet, Electro-Optics Technology & Other Players
Heavy data handling is required in the manufacturing and logistics industries, and the telecommunications business will provide attractive prospects.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Fiber Optics Collimating Lens Segmentation, by type
8.1Introduction
8.2 Adjustable
8.3 Fixed
9. Fiber Optics Collimating Lens Segmentation, by lens type
9.1 Introduction
9.2 Fiber Lenses
9.3 GRIN Lenses
10. Fiber Optics Collimating Lens Segmentation, by mode
10.1 Introduction
10.2 Multimode
10.3 Single Mode
11. Fiber Optics Collimating Lens Segmentation, by wavelength
11.1 Introduction
11.2 <1000 NM
11.3 1000–1500 NM
11.4 1500–2000 NM
11.5 >2000 NM
12. Fiber Optics Collimating Lens Segmentation, by application
12.1 Introduction
12.2 Metrology
12.3 Medical Diagnostic & Imaging
12.4 Communication
12.5 Lasers and Detectors
12.6 Spectroscopy and Microscopy
12.7 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14.Company Profiles
14.1 AMS Technologies AG
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 IPG Photonics Corporation
14.3 Thorlabs Inc
14.4 Edmund Optics
14.5 Gooch & Housego
14.6 Coherent, Fabrinet
14.7 Daheng New Epoch Technology
14.8 Rochester Precision Optics
14.9 Edmund Optics
14.10 Fabrinet
14.11 Electro-Optics Technology
14.12 Others
15.Competitive Landscape
15.1 Competitive Benchmark
15.2 Market Share analysis
15.3 Recent Developments
16.Conclusion
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BY TYPE
Adjustable
Fixed
BY LENS TYPE
Fiber Lenses
GRIN Lenses
BY MODE
Multimode
Single Mode
BY WAVELENGTH
<1000 NM
1000–1500 NM
1500–2000 NM
>2000 NM
BY APPLICATION
Medical Diagnostic & Imaging
Communication
Lasers and Detectors
Spectroscopy and Microscopy
Others
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Company Information
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