Abstract, Snapshot, Market Analysis & Market Definition: World Diffraction Gratings Market
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' 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 , Edmund Optics, Shimadzu , 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 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 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 recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field. In 2019, the market size of Diffraction Gratings is 188.3 million US$ and it will reach 275.7 million US$ in 2025, growing at a CAGR of 5.6% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Diffraction Gratings. This report studies the global market size of Diffraction Gratings, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India, and Southeast Asia). This study presents the Diffraction Gratings production, revenue, market share, and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019
Market Segmentation, Outlook & Viewpoint: World Diffraction Gratings Market
Segmentation by Product Type: Breakdown of data from the year 2014 to 2019 and forecast until 2025: Ruled Gratings
Holographic Gratings
Segmentation by Application: Breakdown of data from the year 2014 to 2019 and forecast until 2025:
Monochromator and Spectrometer
Laser
Optical Telecom
Astronomy
Others
Top Companies & Key Players: World Diffraction Gratings Market
HORIBA
Newport
Edmund Optics
Shimadzu
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
Key Insights Covered: World Diffraction Gratings Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue, and growth rate) of Diffraction Gratings industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate, and gross margin) of Diffraction Gratings industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue, and growth rate) of Diffraction Gratings industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Diffraction Gratings industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Diffraction Gratings industry.
Research Methodology: Global Diffraction Gratings Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.