What is Narrow Band Filters?
Narrow Band Filters are astronomical filters that transmit just a small portion of the spectrum's spectral lines, often 22 nm or fewer. All other wavelengths are either reflected or blocked. Single-cavity and multi-cavity narrow-band filters are distinguished. The steeper the design in conjunction with a flat passband, the higher the cavity. The bandwidth for this version is usually defined in the region of less than 5 nm. Narrow-band imaging is a common technique for astronomy. It allows users to capture photos that are equivalent to those taken by professional observatories from light-polluted suburban settings, and it allows them to be more creative with their images since the processing creates spectacular results. They are mainly used for nebulae observation. The rising investments in space exploration by government as well as non-governmental bodies is the primary driving factor for the growth of the narrow band filters. North America is the largest market of narrow band filters.
The market study is broken down by Type (Tinted Glass, Floating Glass and Others), by Application (Telescopes and Astro Imaging, Biochemical Instruments, Medical Devices, Optical Gauges and Others) and major geographies with country level break-up.
Increasing popularity of astro imaging as well as growing advancements in the asto-imaging equipment has significantly contributed to growth of the narrow band filters. Although high costs of narrow band filters and the limited incentives for new market entrants may hamper the future prospectus of the narrow band filters. North America is the dominant most market of narrow band filters. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Asahi Spectra Co., Ltd. (Japan), Sunny Optical Technology Co. Ltd. (China), Lida Optical and Electronic Co., Ltd (China), Giai photonics Co., Ltd. (China), Optics Balzers AG (Liechtenstein), Astrodon Inc. (United States), Alluxa (United States), Atik Camera Ltd. (United Kingdom), Horiba, Ltd. (Japan) and Chroma Technology Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Neptec Optical Solutions (United States), Baader (Germany) and Thorlabs, Inc. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Narrow Band Filters market by Type, Application and Region.
On the basis of geography, the market of Narrow Band Filters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Narrow Band Filters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Telescopes and Astro Imaging Account for Largest Market Share
Market Drivers
- Increasing Investments in Research and Development both in Healthcare and Outer Space Field
- Rising Advancements in Astro Imaging
Opportunities
- Emergence of Private Companies in Space Sector may Draw Increased Investments in Exploration of Outer Space and thus Stimulating Growth in Narrow Band Filters
Restraints
- High Costs of the Narrow Band Filters Limits its Grow Prospectus
Challenges
- Market Incentives for New Players Entrance in Market is Very Low
Key Target Audience
Narrow Band Filters Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.