Europe Precision Optics Market - Analysis and Forecast, 2022-2031

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,450	90 Pages	BIS Research	November, 2023	BIS18332598

Best Price Guarantee
Price	from $2,450
Length	90 Pages
Publisher	BIS Research
Published Date	November, 2023
SKU	BIS18332598

Europe Precision Optics Market - Analysis and Forecast, 2022-2031

Introduction to Europe Precision Optics Market

The Europe precision optics market (excluding U.K.) is projected to reach $10,599.2 million by 2031 from $4,364.4 million in 2022, growing at a CAGR of 10.36% during the forecast period 2022-2031. The surge in demand for precision optical components in consumer electronics and biomedical devices stands out as a key catalyst propelling the precision optics market in Europe. This heightened demand specifically encompasses precision optical elements like lenses, mirrors, windows, and filters.

Market Introduction

The European market for precision optics is expanding rapidly, driven mainly by the growing need for these components in important industries including medicinal devices and consumer electronics. For precision optical components like lenses, mirrors, windows, and filters, this increase in demand is especially noteworthy. The market for precision optics is poised for substantial growth as European companies place a greater emphasis on cutting-edge optical technologies to improve product performance. The region is a dynamic and attractive market in the European landscape, with a strong commitment to research and technological breakthroughs that highlight the growing importance of precision optics in numerous applications.

Market Segmentation:

Segmentation 1: by End User

Consumer Electronics
Aerospace and Defense
Semiconductor
Automotive
Biomedical
Manufacturing
Others

Segmentation 2: by Component

Transmissive
Filters
Prisms
Lenses
Windows
Polarizers
Beamsplitters
Others
Reflective
Mirrors
Retroreflectors
Others

Segmentation 3: by Country

Germany
France
Italy
Spain
Rest-of-Europe (RoE)

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different components involved in the Europe precision optics market. The component segment has been segmented into transmissive (filters, prisms, lenses, windows, polarizers, beamsplitters, and others) and reflective (mirrors, retroreflectors, and others). Moreover, the study provides the reader with a detailed understanding of the precision optics market based on end users, including consumer electronics, aerospace and defense, semiconductor, automotive, biomedical, industrial, and others. The increasing adoption of precision optics in advanced manufacturing technology is fuelling the growth of the market.

Growth/Marketing Strategy: The Europe precision optics market has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favoured strategy for the companies has been business acquisition to strengthen their position in the Europe precision optics market.

Competitive Strategy: Key players in the Europe precision optics market analyzed and profiled in the study involve precision optics manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the precision optics market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Some of the prominent names established in this market are:

ZEISS International
Solaris Optics
WayRay AG
Zuend Group

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1 Markets: 1.1 Industry Outlook; 1.1.1 Trends: Current and Future; 1.1.1.1 Increasing Investments in Microelectronics and Semiconductor Industry; 1.1.1.2 Growing Adoption of Self Driving Vehicles; 1.1.2 Supply Chain Analysis; 1.1.3 Ecosystem of Precision Optics Market; 1.1.3.1 Consortiums and Associations; 1.1.3.2 Regulatory/Certification Bodies; 1.1.3.3 Government Programs; 1.1.3.4 Programs by Research Institutions and Universities; 1.1.4 Impact of COVID-19 on the Precision Optics Market; 1.1.5 Impact of Semiconductor War on the Precision Optics Market; 1.1.5.1 Dependence on China and the U.S. in Taiwan; 1.1.5.2 U.S. Initiatives to Control Exports; 1.1.5.3 Critical Challenges Associated with the Policy; 1.2 Business Dynamics; 1.2.1 Business Drivers; 1.2.1.1 Growing Demand in Life and Health Sciences Instruments; 1.2.1.2 Increasing Adoption of Precision Optics in Advanced Manufacturing; 1.2.1.3 Rising Uses of Precision Optics due to High Demand for Consumer Electronics; 1.2.2 Business Challenges; 1.2.2.1 Complex Design and Manufacturing Process of Precision Optics; 1.2.2.2 Lack of Skilled Workforce; 1.2.3 Business Strategies; 1.2.3.1 Product Developments; 1.2.3.2 Market Developments; 1.2.4 Corporate Strategies; 1.2.4.1 Mergers and Acquisitions; 1.2.4.2 Partnerships and Joint Ventures; 1.2.5 Business Opportunities; 1.2.5.1 Growing investments in Defence and Security Industry; 1.2.5.2 Increasing Global Interest in the Space Industry; 1.3 Start-Up Landscape; 1.3.1 Key Start-Ups in the Ecosystem
2 Region: 2.1 Europe; 2.1.1 Markets; 2.1.1.1 Key Manufacturers/Suppliers in Europe; 2.1.1.2 Business Drivers; 2.1.1.3 Business Challenges; 2.1.2 Applications; 2.1.2.1 Europe Precision Optics Market (by End User), Volume and Value Data; 2.1.3 Products; 2.1.3.1 Europe Precision Optics Market (by Component), Volume and Value Data; 2.1.4 Europe (by Country); 2.1.4.1 Germany; 2.1.4.1.1 Market; 2.1.4.1.1.1 Buyer Attributes; 2.1.4.1.1.2 Key Producers and Suppliers in Germany; 2.1.4.1.1.3 Business Drivers; 2.1.4.1.1.4 Business Challenges; 2.1.4.1.2 Applications; 2.1.4.1.2.1 Germany Precision Optics Market (by End User), Volume and Value Data; 2.1.4.1.3 Products; 2.1.4.1.3.1 Germany Precision Optics Market (by Component), Volume and Value Data; 2.1.4.2 France; 2.1.4.2.1 Market; 2.1.4.2.1.1 Buyer Attributes; 2.1.4.2.1.2 Key Producers and Suppliers in France; 2.1.4.2.1.3 Business Drivers; 2.1.4.2.1.4 Business Challenges; 2.1.4.2.2 Applications; 2.1.4.2.2.1 France Precision Optics Market (by End User), Volume and Value Data; 2.1.4.2.3 Products; 2.1.4.2.3.1 France Precision Optics Market (by Component), Volume and Value Data; 2.1.4.3 Italy; 2.1.4.3.1 Market; 2.1.4.3.1.1 Buyer Attributes; 2.1.4.3.1.2 Key Producers and Suppliers in Italy; 2.1.4.3.1.3 Business Drivers; 2.1.4.3.1.4 Business Challenges; 2.1.4.3.2 Applications; 2.1.4.3.2.1 Italy Precision Optics Market (by End User), Volume and Value Data; 2.1.4.3.3 Products; 2.1.4.3.3.1 Italy Precision Optics Market (by Component), Volume and Value Data; 2.1.4.4 Spain; 2.1.4.4.1 Markets; 2.1.4.4.1.1 Buyer Attributes; 2.1.4.4.1.2 Key Producers and Suppliers in Spain; 2.1.4.4.1.3 Business Drivers; 2.1.4.4.1.4 Business Challenges; 2.1.4.4.2 Applications; 2.1.4.4.2.1 Spain Precision Optics Market (by End User), Volume and Value Data; 2.1.4.4.3 Products; 2.1.4.4.3.1 Spain Precision Optics Market (by Component), Volume and Value Data; 2.1.4.5 Rest-of-Europe (RoE); 2.1.4.5.1 Market; 2.1.4.5.1.1 Buyer Attributes; 2.1.4.5.1.2 Key Producers and Suppliers in Rest-of-Europe; 2.1.4.5.1.3 Business Drivers; 2.1.4.5.1.4 Business Challenges; 2.1.4.5.2 Applications; 2.1.4.5.2.1 Rest-of-Europe Precision Optics Market (by End User), Volume and Value Data; 2.1.4.5.3 Products; 2.1.4.5.3.1 Rest-of-Europe Precision Optics Market (by Component), Volume and Value Data; 2.2 U.K.; 2.2.1 Markets; 2.2.1.1 Buyer Attributes; 2.2.1.2 Key Producers and Suppliers in the U.K.; 2.2.1.3 Business Drivers; 2.2.1.4 Business Challenges; 2.2.2 Applications; 2.2.2.1 U.K. Precision Optics Market (by End User), Volume and Value Data; 2.2.3 Products; 2.2.3.1 U.K. Precision Optics Market (by Component), Volume and Value Data
3 Markets – Competitive Benchmarking & Company Profiles: 3.1 Competitive Benchmarking; 3.1.1 Competitive Position Matrix; 3.1.2 Product Matrix for Key Companies; 3.1.3 Market Share Analysis of Key Companies, 2021; 3.2 Company Profiles; 3.2.1 ZEISS International; 3.2.1.1 Company Overview; 3.2.1.2 Role of ZEISS International in the Precision Optics Market; 3.2.1.2.1 Product Portfolio; 3.2.1.2.2 Production/Operation Sites; 3.2.1.2.3 R&D Analysis; 3.2.1.3 Analyst View; 3.2.2 Solaris Optics; 3.2.2.1 Company Overview; 3.2.2.2 Role of Solaris Optics in the Precision Optics market; 3.2.2.2.1 Product Portfolio; 3.2.2.3 Analyst View; 3.2.3 WayRay AG; 3.2.3.1 Company Overview; 3.2.3.2 Role of WayRay AG in the Precision Optics Market; 3.2.3.2.1 Product Portfolio; 3.2.3.2.2 Business Strategies; 3.2.3.2.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts; 3.2.3.3 Analyst View; 3.2.4 Zuend Group; 3.2.4.1 Company Overview; 3.2.4.2 Role of Zuend Group in the Precision Optics Market; 3.2.4.2.1 Product Portfolio; 3.2.4.3 Analyst View
4 Research Methodology: 4.1 Primary Data Sources; 4.2 BIS Data Sources; 4.3 Assumptions and Limitations
List of Figures: Figure 1: Europe Precision Optics Market, $Million, 2021, 2022, and 2031; Figure 2: Europe Precision Optics Market (by End User), $Million, 2021 and 2031; Figure 3: Europe Precision Optics Market (by Component), $Million, 2021 and 2031; Figure 4: Precision Optics Market (by Region), $Million, 2021 and 2031; Figure 5: Supply Chain Analysis of the Precision Optics Market; Figure 6: Aircraft Deliveries (by Region, Number of Aircraft), 2018-2022; Figure 7: Global Billing of Semiconductor Industry, $Billion, January 2018-October 2022); Figure 8: ZEISS International: R&D Expenditure; Figure 9: Research Methodology; Figure 10: Top-Down and Bottom-Up Approach; Figure 11: Precision Optics Market: Influencing Factors; Figure 12: Assumptions and Limitations
List of Tables: Table 1: Consortiums and Associations; Table 2: Regulatory/Certification Bodies; Table 3: List of Government Programs for Precision Optics; Table 4: List of Programs by Research Institutions and Universities; Table 5: Key Product Developments; Table 6: Key Market Developments (2018-2021); Table 7: Key Mergers and Acquisitions; Table 8: Key Partnerships and Joint Ventures; Table 9: Precision Optics Market (by Region), Million Units, 2021-2031; Table 10: Precision Optics Market (by Region), $Million, 2021-2031; Table 11: Europe Precision Optics Market (by End User), Million Units, 2021-2031; Table 12: Europe Precision Optics Market (by End User), $Million, 2021-2031; Table 13: Europe Precision Optics Market (by Component), Million Units, 2021-2031; Table 14: Europe Precision Optics Market (by Component), $Million, 2021-2031; Table 15: Germany Precision Optics Market (by End User), Million Units, 2021-2031; Table 16: Germany Precision Optics Market (by End User), $Million, 2021-2031; Table 17: Germany Precision Optics Market (by Component), Million Units, 2021-2031; Table 18: Germany Precision Optics Market (by Component), $Million, 2021-2031; Table 19: France Precision Optics Market (by End User), Million Units, 2021-2031; Table 20: France Precision Optics Market (by End User), $Million, 2021-2031; Table 21: France Precision Optics Market (by Component), Million Units, 2021-2031; Table 22: France Precision Optics Market (by Component), $Million, 2021-2031; Table 23: Italy Precision Optics Market (by End User), Million Units, 2021-2031; Table 24: Italy Precision Optics Market (by End User), $Million, 2021-2031; Table 25: Italy Precision Optics Market (by Component), Million Units, 2021-2031; Table 26: Italy Precision Optics Market (by Component), $Million, 2021-2031; Table 27: Spain Precision Optics Market (by End User), Million Units, 2021-2031; Table 28: Spain Precision Optics Market (by End User), $Million, 2021-2031; Table 29: Spain Precision Optics Market (by Component), Million Units, 2021-2031; Table 30: Spain Precision Optics Market (by Component), $Million, 2021-2031; Table 31: Rest-of-Europe Precision Optics Market (by End User), Million Units, 2021-2031; Table 32: Rest-of-Europe Precision Optics Market (by End User), $Million, 2021-2031; Table 33: Rest-of-Europe Precision Optics Market (by Component), Million Units, 2021-2031; Table 34: Rest-of-Europe Precision Optics Market (by Component), $Million, 2021-2031; Table 35: U.K. Precision Optics Market (by End User), Million Units, 2021-2031; Table 36: U.K. Precision Optics Market (by End User), $Million, 2021-2031; Table 37: U.K. Precision Optics Market (by Component), Million Units, 2021-2031; Table 38: U.K. Precision Optics Market (by Component), $Million, 2021-2031; Table 39: Product Matrix for Key Companies; Table 40: Market Shares of Key Companies, 2021