Global Micro-Lens Arrays Market Report, History and Forecast 2017-2028
Summary
Market Analysis and Insights: Global Micro-Lens Arrays Market
Due to the COVID-19 pandemic, the global Micro-Lens Arrays market size was value at US$ 186.95 million in 2021 and is forecast to be a readjusted size of US$ 343.77 million by 2028 with a CAGR of 9.12% during the forecast period 2022-2028.
The global main manufacturers of Micro-Lens Arrays include Asahi Glass Co., Ltd (AGC), Nippon Electric Glass Co., Ltd (NEG), Nalux Co., Ltd., Jenoptik, LIMO GmbH (Focuslight Technologies Inc.), Ingeneric GmbH, Sumita Optical Glass, Inc., etc. In 2021, the global six largest players have a share approximately 36.51% in terms of revenue.
The North America Micro-Lens Arrays market size was US$ 49.56 million in 2021, while China was about US$ 34.82 million. The proportion of the China was 18.63% in 2021 and it is predicted that the share will reach 19.61% in 2028, trailing a CAGR of 9.84% through the analysis period. As for the Europe Micro-Lens Arrays landscape, Germany is projected to reach US$ 23.01 million by 2028.
Fully considering the economic change by the COVID-19, Aspherical Micro-Lens Array accounting for 62.39% of the Micro-Lens Arrays global market in 2021, is projected to value US$ 221.86 million by 2028, growing at a revised 9.73% CAGR from 2022 to 2028. While Telecommunications and IT segment is altered to 9.20% CAGR throughout this forecast period (2022-2028) and will hold a share about 63.46% in 2028.
Global Micro-Lens Arrays Scope and Market Size
The global Micro-Lens Arrays market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Micro-Lens Arrays market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
Asahi Glass Co., Ltd (AGC)
Nippon Electric Glass Co., Ltd (NEG)
Nalux Co., Ltd.
Jenoptik
LIMO GmbH (Focuslight Technologies Inc.)
Ingeneric GmbH
Sumita Optical Glass, Inc.
Axetris AG
VIAVI Solutions Inc.
Isuzu Glass Ltd.
Power Photonic
NIL Technology
Segment by Type
Aspherical Micro-Lens Array
Spherical Micro-Lens Array
Segment by Application
Telecommunications and IT
Automotive Industry
Medical Industry
Others
By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
Korea
India
Southeast Asia
Others
Europe
Germany
France
U.K.
Italy
Russia
Others
Latin America
Brazil
Argentina
Others
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