Global Infrared Lens (IR Lens) Market Size & Share to 2027

Global Infrared Lens (IR Lens) Market Size & Share to 2027

Global Infrared Lens (IR Lens) Market Size, Trends & Growth Opportunity By Type (Achromatic, Aspheric, Diffractive & Spherical Lenses, and Others), By Product (Long-Wave Infrared Thermal Imaging Lenses, Short Wave Infrared, Middle Wave Infrared, and Near Infrared), By Service (Custom Inspection System, Consulting Services, Design & Development, and Others), By Zoom Type, By End User, and By Region and Forecast till 2027

Global Infrared Lens (IR Lens) Market

Infrared lenses are defined as optical lenses which use specific substrates or anti- reflection coatings to maximize performance for applications operating above 700nm including FLIR or Spectroscopy, and thermal imaging. These lenses are used to collect, focus, or collimate light in the near infrared, long-wave infrared spectra, mid-wave infrared, and short wave infrared.

Market Drivers

The increase in commercialization due to technological advancement is expected to boost the global infrared lens (IR Lens) market growth over the forecast period. Furthermore, the rise in adoption in commercial and industrial applications will positively influence the market growth. Recent technological advancements have led to miniaturization, which is anticipated to propel the growth of the global infrared lens (IR lens) market. These lenses are capable of viewing across a long-wave infrared region, and can also detect the object in total darkness. Moreover, the availability of cost effective products is also expected to drive the market growth.

Market Restraints

Decrease in defense in developed nations is expected to hinder the global infrared lens (IR Lens) market growth during this forecast timeline.

Market Segmentation

The Global Infrared Lens (IR Lens) Market is segmented into type such as Achromatic, Aspheric, Diffractive & Spherical Lenses, and Others, by product such as Long-Wave Infrared Thermal Imaging Lenses, Short Wave Infrared, Middle Wave Infrared, and Near Infrared, by service such as Custom Inspection System, Consulting Services, Design & Development, and Others, by zoom type such as Fixed Zoom, Continuous Zoom, and Others. Further, market is segmented into end user such as Automotive, Security & Surveillance, Fire Fighting, Medical Diagnostics, Others.

Also, the Global Infrared Lens (IR Lens) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Edmund Optics, Fluke Corporation, FLIRS Systems, Lenstech Technology, Umicore, Sunny Optical Technology, Knight Optical Ltd., TAMRON Co.Ltd., Shanghai Optics, Opto Engineering, Yunnan Chihong North photoelectric, LightPath Technologies, etc.

Market Taxonomy

By Type

• Achromatic
• Aspheric
• Diffractive & Spherical Lenses
• Others

By Product

• Long-Wave Infrared Thermal Imaging Lenses
• Short Wave Infrared
• Middle Wave Infrared
• Near Infrared

By Service

• Custom Inspection System
• Consulting Services
• Design & Development
• Others

By Zoom Type

• Fixed Zoom
• Continuous Zoom
• Others

By End User

• Automotive
• Security & Surveillance
• Fire Fighting
• Medical Diagnostics
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Infrared Lens (IR Lens) Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?