Global Collimating Lens Market Report 2021-2027: Market to Reach $420.5 Million - U.S. Market is Estimated at $92.3 Million, While China is Forecast to Grow at 4% CAGR - ResearchAndMarkets.com

LED, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$215.4 Million by the end of the analysis period.

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Friday, April 9, 2021
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Other Science, Science, Actuarial science, Compound annual growth rate, Mathematical finance
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JAPAN, US, EUROPE, CHINA, INDIA, SOUTH KOREA, LENS, USA, AUSTRALIA, CANADA, GERMANY
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Summary
Key Points: 
  • LED, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$215.4 Million by the end of the analysis period.
  • The U.S. Market is Estimated at $92.3 Million, While China is Forecast to Grow at 4% CAGR
    The Collimating Lens market in the U.S. is estimated at US$92.3 Million in the year 2020.
  • In the global Other Light Sources segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment.
  • Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$48.2 Million by the year 2027.


The "Collimating Lens - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Collimating Lens Market to Reach $420.5 Million by 2027

Amid the COVID-19 crisis, the global market for Collimating Lens estimated at US$313.4 Million in the year 2020, is projected to reach a revised size of US$420.5 Million by 2027, growing at a CAGR of 4.3% over the analysis period 2020-2027.

LED, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$215.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Laser segment is readjusted to a revised 4.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $92.3 Million, While China is Forecast to Grow at 4% CAGR

The Collimating Lens market in the U.S. is estimated at US$92.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$74.4 Million by the year 2027 trailing a CAGR of 4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Other Light Sources Segment to Record 4% CAGR

In the global Other Light Sources segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$55 Million in the year 2020 will reach a projected size of US$72.5 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$48.2 Million by the year 2027.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS (Total 36 Featured):

  • 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.

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • REST OF EUROPE
  • ASIA-PACIFIC
  • REST OF WORLD

IV. COMPETITION

  • Total Companies Profiled: 36

For more information about this report visit https://www.researchandmarkets.com/r/oyi8u3

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