Industry Background:
A liquid lens mainly uses one or more kinds of fluids so as to create an infinitely-variable lens without any moving parts by the means of controlling the meniscus (the surface of the liquid.) There are namely two primary types transmissive and reflective. These are however not to be confused with the liquid-formed lenses which are created by the method of placing a drop of plastic or epoxy on the surface, which is then allowed to harden and hence form into a lens shape. These liquid lenses, therefore, permit the imaging systems to overcome the Depth of Field (DOF) limitations by letting the focus be electronically adjusted without the requirement of any sort of mechanical movement. This could, in turn, be a great solution for the applications that have varying object heights as well as working distances. These traditional solutions for such kinds of applications hereby include the motorized zoom lenses or the physically repositioning of the object so as to bring it into focus. Furthermore, another way to increase the DOF in any traditional lens is by increasing the focal and by reducing the aperture size of the imaging lens. However, this can further also reduce the resolution and the amount of light that gets through any imaging system, thereby reducing the acquisition rates as well as the image quality. Therefore, by integrating a liquid lens, an imaging system can change can focus electronically without conceding to its speed or image quality, irrespective of the object’s distance from the camera. The liquid lenses are used in various applications like digital photography, barcode reading (1D and 2D), industrial data capture, and biometric data acquisition. Essentially, these liquid lenses were used in any such application wherein there were large variations in the object distance and which hence required a fast autofocusing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Varioptic (France), Edmund Optics (United States), Optilux (United States), Opticon Inc. (United States), Optotune AG (Switzerland), Robu.in (India), Corning Inc. (United States), Cognex Corporation (United States), Vision Systems Design (United States) and Navitar Inc. (United States) |
According to AMA, the market for Liquid Lenses is expected to register a CAGR of 8.5% during the forecast period to 2030. This growth is primarily driven by Rise in Geriatric Population in worldwide, Increase in Disposable Income among the Population Worldwide and Inclination towards High-Resolution Picture Quality.
Globally, a noticeable market trend is evident Investments To Add-On Special Effects To Gain Competitive Edge
Major Vendors, such as Varioptic (France), Edmund Optics (United States), Optilux (United States), Opticon Inc. (United States), Optotune AG (Switzerland), Robu.in (India), Corning Inc. (United States), Cognex Corporation (United States), Vision Systems Design (United States) and Navitar Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Key Developments in the Market:
In September 2022, Sill Optics created a 2x magnifying telecentric lens with a big aperture and an integrated liquid lens for adjusting the focus. The realization of a high aperture for a 2.74m pixel size, a 1.1'' sensor diagonal, and reliable imaging performance for varied wavelengths has significantly boosted the demand for magnifying telecentric lenses. It has been difficult to add a focus tunable liquid lens while preserving imaging performance. Still, Sill Optics and Optotunehave achieved 90 lp/mm resolution throughout the full FOV using an EL16-40 with the best wavefront specification in vertical alignment.
In October 2022, OptoEngineering introduced its TCZEL telecentric zoom lens, which combines two liquid lenses at the same time. This permits the optics' magnification and operating distance to be precisely adjusted without the need for moving parts.
Influencing Trend:
Investments To Add-On Special Effects To Gain Competitive Edge and Increment In Count Of Photo Editors
Market Growth Drivers:
Rise in Geriatric Population in worldwide, Increase in Disposable Income among the Population Worldwide and Inclination towards High-Resolution Picture Quality
Challenges:
Presence Of Substitute Product
Restraints:
Availability Of Smart Phones With In-Built High-Quality Camera
Opportunities:
Growing Awareness Regarding the Liquid Lenses in both Underdeveloped and Developing Countries and Rising Research and Development by the Manufactures
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Liquid Lenses Market
- Analysis about New Entrants in Liquid Lenses Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Liquid Lenses Study Sheds Light on
The Liquid Lenses Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Liquid Lenses industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Liquid Lenses industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.