The global collimating lenses market is anticipated to grow at a considerable CAGR during the forecast years. The attributable factor for the growth of the market is the increasing demand for a collimating lens for the use of display measurement. The collimating lenses can be used for measuring the alignment of the spot to get the improved and solid measurement. In addition, the collimating lenses are also used for light measurement.
Furthermore, the use of collimating lenses in various medical devices for the X-Ray, gamma-ray, and neutron imaging as these types of radiations are hard to focus at one point directly from the source. The demand for the collimating lens for these medical devices has also increased the market. According to a report published by the Society of Photo-Optical Instruments Engineering (SPIE) in November 2020, Poly-capillary collimating lenses are specially designed mechanisms for X-Ray imaging in medical fields. This mechanism benefits more than the common X-Ray tubes such as resolution enhancements and rejection of Compton scattering. In addition, the increasing customer preference for cars with LED headlamps and heads-up displays (HUDs) has also propelled the sales and manufacturing of collimating lenses. The light from the LED source of the car’s headlight is focused on the road using the collimating lenses to provide better visibility. According to the paper published by the Optical Society of America (OSA) in 2020, it had proposed the designing and prototyping of a highly collimated lens for long-distance visibility using a LED light source. The designs were proposed for outdoor illumination for far distances. These factors are expected to propel the growth of the global collimating lenses market, however, the high manufacturing cost of aspheric lenses is expected to limit the market growth.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2022-2030
Segment Covered-
- By Light Source
- By Material
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Avantes BV, Ocean Optics, Inc., LightPath Technologies, INGENERIC GmbH, TRIOPTICS GmbH, and Others.
Collimating Lenses Market Report Segment
By Light Source
- LED
- Laser
- Others (Xenon Lamps, Infrared Lights, and RGB)
By Material
- Glass
- Plastic
- Others (Silica and Crystal)
By Material
- Automobiles
- Medical
- LiDAR
- Light and Display Measurements
- Spectrometer
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Collimating Lenses Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- AMS Technologies AG
- Leister AG
- Casix
- Changchun Sunday Optics Co., Ltd.
- Edmund Optics, Inc.
- FISBA AG
- HAMAMATSU Group
- IPG Photonics Corp.
- Optikos Corp.
- Opto-Line International
- Thorlabs
- Ushio, Inc.
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