Global Colored Glass Filters Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Colored Glass Filters Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Colored glass filter is a kind of optical glass filter made by injecting colored dye into glass substrate. Dye gives the filter color and spectral properties. They allow certain wavelengths of light to pass through unimpeded while blocking other wavelengths within a specified range. Precision is achieved by carefully controlling the thickness of the material and the concentration of colours used. Colored glass filter can be applied to Photographing Apparatus, Meter and Instrument, Optical Device, Medical Treatment Apparatus, Teaching Apparatus, UV Analyzer and so on.

Market Overview:

The latest research study on the global Colored Glass Filters market finds that the global Colored Glass Filters market reached a value of USD 649.73 million in 2022. It’s expected that the market will achieve USD 927.41 million by 2028, exhibiting a CAGR of 6.11% during the forecast period.

Strength

Technology advantage. The production of Colored Glass Filters requires high R&D costs in the early stage. The scientific research level in North America is relatively high, and there is a mature Colored Glass Filters research system.
Strong downstream demand. The downstream of this area is extensive, and the industry development is mature, there is a large demand for Colored Glass Filters.
Strong purchasing power. The per capita GDP in North America is high, the consumption level of residents in this area is high, and the company has sufficient funds.

Weakness

Highly labor cost and the raw material price. Per capita wages in North America are very high. In addition, due to tariff barriers, the prices of imported raw materials are relatively high.
Fierce competition in domestic market. There are relatively many well-known brands in the United States, and they occupy a considerable market share. In addition, there are many small businesses and fierce competition.

Opportunity

Industrial integration. Due to the development of Industry 4.0, the regional industries are being integrated and adjusted, the industrial chain is more complete and production operations are more efficient.
Update products. The North American region has a strong sense of innovation, the company has sufficient R&D funds, and fierce competition among companies has promoted product innovation.
Oversea market development. Due to the development of the Asia-Pacific and Southeast Asian markets, North America's product sales range has expanded even wider.

Threat

New entrants are hard to open the market. Because the industry has barriers, it is difficult for new entrants to obtain sufficient funds and mature technology in a short period of time.
Regulations to restraint the industry. The listing of this product in North America requires certification by multiple official agencies. In addition, due to the trade war, trade control will be more than before.

Region Overview:

Asia had the highest growth rate of all regions.

Company Overview:

CDGM Glass Company is one of the major players operating in the Colored Glass Filters market, holding a share of 4.38% in 2021.
Founded in 1956, Chengdu Guangming Optoelectronics co., Ltd. is a national high-tech enterprise and national intellectual property rights demonstration enterprise. It is a leading Chinese and internationally influential professional optoelectronic materials R&D and manufacturing enterprise, whose products are widely used in optoelectronic information, aerospace, new energy and other fields.
The company's annual production and sales of optical glass is among the top, producing more than 240 varieties of optical glass, has a strong variety of supporting capacity in the world, exported to Europe, the United States, Japan, South Korea, Southeast Asia and other places.

Schott Glaswerke AG

As a leading global manufacturer of specialty glass, glass-ceramics and other advanced materials, Schott employs approximately 16,500 people in 56 locations around the world. With representative offices in 34 countries, the company is a highly skilled partner in high-tech industries: healthcare, Home appliances and lifestyle, consumer electronics, semiconductor and data communications, optics, Industrial and energy, automotive, astronomy and aerospace.

Segmentation Overview:

Among different product types, Sharp Cut Filters segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Surveillance Camera segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Colored Glass Filters market covered in Chapter 3:

CORNING
WTS Photonics
CDGM Glass Company
SUZHOU QIMENG CRYSTAL MATERIAL PRODUCT CO., LTD
Edmund Optics
Ohara Corporation
Schott Glaswerke AG
Sumita Optical Glass
Hubei New Huaguang
HOYA CORPORATION
Isuzu Glass

In Chapter 4 and Chapter 14.2, on the basis of types, the Colored Glass Filters market from 2018 to 2029 is primarily split into:

Sharp Cut Filters
Infrared Transmitting Filter
Blue Filter
Green Filter
Light Balancing Filter
Color Compensating Filter
Neutral Density Filter
Heat Absorbing Filter
Ultraviolet Transmitting Filters
Multiband Calibration Filters

Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Colored Glass Filters market from 2018 to 2029 covers:

Automotive Camera Lens
Surveillance Camera
Mobile Phone
Sensor
Photometers
Electronic Sorting Machines
Food and Beverage Inspection
Imaging Systems
Machine Vision
Non-Destructive Testing Equipment
Tanning and Phototherapy Devices
Forensic Detection and Analysis Equipment
Theatrical Lighting
Aviation
Defense
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)