TBIQYR4993-Global Diffraction Gratings Market Research Report 2019

                                          
A diffraction grating is an optical element that diffracts energy into its constituent wavelengths. The groove density, depth and profile of a diffraction grating dictate the spectral range, efficiency, resolution and performance of the diffraction grating.
The market is driven by various end-user industries, such as spectroscopic, telecommunications and laser applications, as well as for research and education. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.

A diffraction grating is an optical component with a periodic structure, which splits and diffracts light into several beams travelling in different directions in order of wavelength. Diffractive optics helps bring high-performance spectral analysis--using hyperspectral or Raman--into the field for science and remote sensing, onto the production line for advanced machine vision, and into the laboratory.

The key players are HORIBA, Newport Corporation, Edmund Optics, Shimadzu Corporation, Kaiser Optical Systems, Lightsmyth (Finisar), Plymouth Grating Lab, Zeiss, Optometrics (Dynasil), Headwall Photonics, Spectrogon AB, Jenoptik, Spectrum Scientific, Photop Technologies, Wasatch Photonics, GratingWorks, Shenyang Yibeite Optics. Among them, HORIBA, Newport Corporation and Edmund Optics are the leaders with total revenue share 41% in 2016.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.


The global Diffraction Gratings market is valued at 180 million US$ in 2018 is expected to reach 280 million US$ by the end of 2025, growing at a CAGR of 5.6% during 2019-2025.
This report focuses on Diffraction Gratings volume and value at global level, regional level and company level. From a global perspective, this report represents overall Diffraction Gratings market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    HORIBA
    Newport Corporation
    Edmund Optics
    Shimadzu Corporation
    Kaiser Optical Systems
    Lightsmyth (Finisar)
    Plymouth Grating Lab
    Zeiss
    Optometrics (Dynasil)
    Headwall Photonics
    Spectrogon AB
    Jenoptik
    Spectrum Scientific
    Photop Technologies
    Wasatch Photonics
    GratingWorks
    Shenyang Yibeite Optics

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Ruled Gratings
    Holographic Gratings

Segment by Application
    Monochromator and Spectrometer
    Laser
    Optical Telecom
    Astronomy
    Others