What is Diffractive Optics Market?
Diffractive optics is the optics based on elements with operation philosophies which are based on the occurrence of diffraction of light. These diffractive elements are widely used in different applications such as lenses, lasers, and beam. The market growth has prospectus due to the increasing demand for diffractive optical elements in many end-user industries from photography to astronomy.
The market study is being classified by Type (Beam Shapers, Beam Splitters and Beam Foci), by Application (Medical & Aesthetic Treatments, Material Processing, Architectural Lighting and Others) and major geographies with country level break-up.
Jenoptik AG (Germany), Carl Zeiss AG (Germany), Horiba (Japan), RPC Photonics Inc. (United States), IMOS Gubela GmbH (Germany), Holo (Israel), Shimadzu Corporation (Japan), Holographix LLC (United States), Finisar Corporation (United States) and Edmund Optics Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are DIOPTIC GmbH (Germany), Spectrogon AB (Sweden) and SUSS MicroOptics SA (Switzerland).
Research Analyst at AMA predicts that Germany Vendors will contribute to the maximum growth of Global Diffractive Optics market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Diffractive Optics market by Type, Application and Region.
On the basis of geography, the market of Diffractive Optics 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand in Various End-User Industries such as Healthcare, Telecommunication and Automotive
- Rising Demand of Diffraction Gratings for Optical Communication which Play key Role in Communication Network System
Market Trend
- Use of Laser Technology in Automotive Industry to Process the Interiors and Bodywork of Vehicles
Restraints
- High Cost of Diffractive Optic Elements
Opportunities
- Rising Infrastructure of Electronic, Automotive, Healthcare Industry in Developing Countries such as India, China and Japan
- Rising Adoption of High-end Objective Lenses of Wafer System for Complex Lithography and Inspection Process in Semiconductor Equipment
Challenges
- Security Risk of Diffractive Imaging-Based Optical Cryptosystem
Market Leaders and some development strategies
In January 2020, EV Group, provider of wafer bonding and lithography equipment has been partnered with Inkron, high and low refractive index (RI) coating materials manufacturer. To develop optimised processes and matching high RI materials for the production of high-quality diffractive optical element (DOE) structures.
In January 2020, Jenoptik, a globally operating technology group launched new products for laser material processing. F-theta lenses that are suitable for ultra-short pulses, and an innovative alignment concept for beam expanders. Jenoptik will also be demonstrating plug-and-play solutions for laser material processing, semiconductor equipment, biophotonics, and industrial applications that can be adapted to customers’ requirements.
Key Target Audience
Diffractive Optic Element Producers, Research and Development Institutes, Consulting Firm’s, Government Bodies, End-Users Industries and Others