Global Molded Optics Market Analysis –Trends, Insights & Forecasts (2022-2030)

  • Publish Date
    April 9, 2023
  • No of Pages
    430
  • SKU Code
    GIR 3177
  • Format

Report Overview

  • Understand the latest market trends and future growth opportunities for the Molded Optics industry globally with research from the Global Industry Reports team of in-country analysts – experts by industry and geographic specialization.
  • Key trends are clearly and succinctly summarized alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight, and confident growth projections.
  • The report will cover the overall analysis and insights in relation to the size and growth rate of the “Molded Optics Market” by various segments at a global and regional level for the 2010-2030 period, with 2010-2021 as historical data, 2022 as a base year, 2023 as an estimated year and 2023-2030 as forecast period.

Description:

  • In the changed post COVID-19 business landscape, the global Molded Optics market is estimated at US$32.6 Billion in the year 2022, is projected to grow at a CAGR of 13.28% and reach US$88.4 Billion by 2030. Increasing technological advances in electronics, automotive and medical field along with growing adoption of micro-optics and microfluidics is expected to boost the market for molded optics globally.
  • United States contributed around 76% of the total North American molded optics market. It is estimated to have a market value of US$8.65 Billion in the year 2022. Among the other noteworthy geographic markets are Canada and Mexico, each forecast to grow at 12.4% and 10.7% respectively over the 2022-2030 period.
  • Within Europe, France, Germany, and the U.K. are the key countries responsible for the significant growth of the regional market. Germany is projected to grow at a CAGR of 12.6% over the forecast period.
  • The APAC region is predicted to be the most rapidly expanding molded optics market with growing with a CAGR of 14.9% over the forecast period. Most of this growth is attributed to many emerging small businesses in APAC countries especially China and India and developing Asian countries. China is expected to dominate the Asia-Pacific market and reach a market size of US$15.8 Billion by 2030.

Molded Optics Market 2023

MARKET DATA INCLUDED

  • Unit SalesAverage Selling PricesMarket Size & Growth Trends
  • COVID-19 Impact and Global Recession Analysis
  • Analysis of US inflation reduction act 2022
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Market Drivers & Limiters
  • Market Forecasts Until 2030, and Historical Data up to 2015
  • Recent Mergers & Acquisitions
  • Company Profiles and Product Portfolios
  • Leading Competitors

The Report Includes:

  • The report provides a deep dive into details of the industry including definitions, classifications, and industry chain structure.
  • Analysis of key supply-side and demand trends.
  • Detailed segmentation of international and local products.
  • Historic volume and value sizes, company, and brand market shares.
  • Five-year forecasts of market trends and market growth.
  • Robust and transparent research methodology conducted in-country.
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
  • Provision of market value (USD Billion) data for each segment and sub-segment.
  • Analysis by geography, region, Country, and its states.
  • A brief overview of the commercial potential of products, technologies, and applications.
  • Company profiles of leading market participants dealing in products category.
  • Description of properties and manufacturing processes.
  • marketed segments on the basis of type, application, end users, region, and others.
  • Discussion of the current state, setbacks, innovations, and future needs of the market.
  • Examination of the market by application and by product sizes; utility-scale, medium scale and small-scale.
  • Country-specific data and analysis for the United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others.
  • Coverage of historical overview, key industrial development and regulatory framework.
  • Analysis of competitive developments, such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market.
  • A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders.

Reports Scope and Segments:

Report Attribute Details
Market size in 2022 USD 32.6 Billion USD
Market forecast in 2030 USD 88.4 Billion USD
Growth Rate CAGR of 13.28% from 2023 to 2030
Base year for estimation 2022
Historical data 2015 – 2022
Forecast period 2023 – 2030
Quantitative units Revenue in USD million and CAGR from 2023 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, trends, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, Disease Overviews.

Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.

Segments covered Type, Technology, Material, Application, End Use & Region
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East and Africa and rest of the world
Country scope United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others.
Key companies profiled A.L. Schutzman Company; ALMCO Group; Andover Corporation; Arabian Axles; Asahi Glass Co., Ltd.; Asphericon GmbH; Auer Lighting GmbH; Behbehani Brothers W.L.L.; Beijing Scitlion Technology Co., Ltd.; Canon Inc.; CFE Corporation; China Star Optics Technology Co., Ltd.; Corning Incorporated; Custom Optics; Dynasil; Edmund Optics GmbH; Eksma Optics; Esco Optics; ESSILORLUXOTTICA; Fresnel Technologies Inc.; Fujian CASTECH Crystals, Inc.; Fundición Laminada; Glass Fab; G-S Plastic Optics; Hangzhou Shalom EO; Heraeus Holding GmbH; Hoya Corporation; II-VI Incorporated; India Lens; Inrad Optics; Intrinsic Crystal Technology Co., Ltd.; Janos Technology LLC; Jenoptik AG; Knight Optical; Korth Kristalle; LaCroix Precision Optics; Laser Components GmbH; LightPath Technologies Inc.; LightWorks Optics, Inc.; Merck KGaA (Merck Group); Microtools & Gauges; MoldTech Inc.; Newport Corporation; Nikon Corporation; Olympus Corporation; Opco Laboratory; OpTek Systems Inc.; Optico AG; Optics & Allied Engg Pvt. Ltd.; Optics India Equipments Pvt. Ltd.; OptiSource International; OptoSigma Corporation; OptoTech Optikmaschinen GmbH; Oxide Corporation; PerkinElmer; Phosctech Photonics; Polymer Optics Ltd.; PPG Industries, Inc.; Precise Optics India Pvt. Ltd.; Precision Glass & Optics (PG&O); Precision Optical Manufacturing Co., Ltd.; Prolite Autoglo Limited; Qioptiq (Excelitas Technologies); Reynolds Polymer Technology Inc.; Ross Optical Industries; RPC Photonics, Inc.; Schneider Optics GmbH; Schott AG; Shanghai Optics Inc.; Shree Ganesh Plast-India; Standa UAB; Surya Optics India Pvt. Ltd.; Syntec Optics; Techno AP Co., Ltd.; Tech-Optics International; The Dow Chemical Company; Thorlabs Inc.; Titan Tool Supply, Inc.; TOPTICA Photonics AG; ULO Optics Ltd.; Umicore Coating Services; United Optics; Universal Photonics Inc.; Valley Design Corporation; VS Technology Corporation; Wuxi Nanotech Co., Ltd.;  YSL Photonics Co., Ltd.; Zeiss Group and others
Customization scope Free report customization (equivalent up to 20 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
Report Format PDF, PPT, Excel & Online User Account

Companies Covered in Report:

A.L. Schutzman Company Olympus Corporation
ALMCO Group Opco Laboratory
Andover Corporation OpTek Systems Inc.
Arabian Axles Optico AG
Asahi Glass Co., Ltd. Optics & Allied Engg Pvt. Ltd.
Asphericon GmbH Optics India Equipments Pvt. Ltd.
Auer Lighting GmbH OptiSource International
Behbehani Brothers W.L.L. OptoSigma Corporation
Beijing Scitlion Technology Co., Ltd. OptoTech Optikmaschinen GmbH
Canon Inc. Oxide Corporation
CFE Corporation PerkinElmer
China Star Optics Technology Co., Ltd. Phosctech Photonics
Corning Incorporated Polymer Optics Ltd.
Custom Optics PPG Industries, Inc.
Dynasil Precise Optics India Pvt. Ltd.
Edmund Optics GmbH Precision Glass & Optics (PG&O)
Eksma Optics Precision Optical Manufacturing Co., Ltd.
Esco Optics Prolite Autoglo Limited
ESSILORLUXOTTICA Qioptiq (Excelitas Technologies)
Fresnel Technologies Inc. Reynolds Polymer Technology Inc.
Fujian CASTECH Crystals, Inc. Ross Optical Industries
Fundición Laminada RPC Photonics, Inc.
Glass Fab Schneider Optics GmbH
G-S Plastic Optics Schott AG
Hangzhou Shalom EO Shanghai Optics Inc.
Heraeus Holding GmbH Shree Ganesh Plast-India
Hoya Corporation Standa UAB
II-VI Incorporated Surya Optics India Pvt. Ltd.
India Lens Syntec Optics
Inrad Optics Techno AP Co., Ltd.
Intrinsic Crystal Technology Co., Ltd. Tech-Optics International
Janos Technology LLC The Dow Chemical Company
Jenoptik AG Thorlabs Inc.
Knight Optical Titan Tool Supply, Inc.
Korth Kristalle TOPTICA Photonics AG
LaCroix Precision Optics ULO Optics Ltd.
Laser Components GmbH Umicore Coating Services
LightPath Technologies Inc. United Optics
LightWorks Optics, Inc. Universal Photonics Inc.
Merck KGaA (Merck Group) Valley Design Corporation
Microtools & Gauges VS Technology Corporation
MoldTech Inc. Wuxi Nanotech Co., Ltd.
Newport Corporation YSL Photonics Co., Ltd.
Nikon Corporation Zeiss Group

After Sales Support

  • Every updated edition of the report and full data stack will be provided at no extra cost for 24 months.
  • Latest 2022 base year report.
  • Free Updated edition of 2023 every quarter without any hidden cost.
  • No user limitation for the report. Unlimited access within the organization.
  • Unrestricted post-sales support at no additional cost
  • Free report customization (equivalent up to 10 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
  • Global Industry Reports will support your post-purchase for a period of 24 months to answer any of your queries related to the following market and to provide you any more data needed, for your analysis.
  • Option to purchase regional or some selected Chapters from the report.

Key questions that are answered in this report

  • What is the total market of Molded Optics in 2023?
  • What is the total CAGR expected to be recorded for the Molded Optics market during 2022-2030?
  • What are the driving factors for the Molded Optics market?
  • Which are the significant players operating in the Molded Optics market?
  • Which region will grow at a fast rate in the future?
  • How big is the Molded Optics market?
  • What are the Challenges in Molded Optics market?
  • What is the Restraint in Molded Optics market?
  • What Company Leading the North America Molded Optics market?
  • What are Opportunities in Molded Optics market?
  • Which Region is largest share of Market in Asia pacific?
  • Executive Summary
  • Research Methodology
    • Primary Research
    • Secondary Research
    • Market Analytics
    • Revenue Forecasting
  • Market Overview
    • Market Definition
    • Scope of the Study
      • Research Objectives
      • Assumptions & Limitations
      • Market Structure
    • Market Dynamics
      • Introduction
      • Microeconomic Factor Analysis
      • Market Evolution
      • Technology Roadmap
      • Demand-Supply Dynamics
      • Growth Drivers
      • Restraints
      • Opportunities
      • Challenges
      • Sustainable Strategies
    • Market Trend Analysis (Product Analysis, Technology Analysis, Application Analysis)
    • Industry Analysis
      • Profitability analysis
      • Supply Chain & Value Chain Analysis
      • Porter’s Five Forces Analysis
        • Bargaining power of Suppliers
        • Bargaining Power of Buyers
        • Threat of substitutes
        • Threat of new entrants
        • Degree of Competition
      • PEST Analysis
      • Upstream and downstream profitability analysis and opportunities

Global Market Scope

  1. Market analysis by product category
  2. Market analysis by component / type
  3. Market analysis by technology
  4. Market analysis by application
  5. Market analysis by industry vertical
  6. Market analysis by end-use
  7. Market analysis by emerging technologies, trends and applications
  8. Market analysis by region
    • North America
      • US
      • Canada
      • Mexico
      • Others
    • South America
      • Brazil
      • Argentina
      • Chile
      • Colombia
      • Peru
      • Venezuela
      • Ecuador
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Russia
      • Italy
      • Spain
      • Sweden
      • Netherlands
      • Poland
      • Austria
      • Belgium
      • Finland
      • Norway
      • Switzerland
      • Denmark
      • Czech Republic
      • Portugal
      • Others
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • Taiwan
      • India
      • Australia
      • Indonesia
      • Philippines
      • Malaysia
      • Others
    • Middle East
      • Iran
      • Turkey
      • Kuwait
      • UAE
      • Israel
      • Oman
      • Bahrain
      • Saudi Arabia
      • Qatar
      • Egypt
      • Others
    • Africa
      • Algeria
      • Libya
      • South Africa
      • Sudan
      • Zimbabwe
      • Others
  1. Competitive Landscape
    • Introduction
    • Market share analysis by key market players (North America, South America, Europe, APAC, Africa)
    • Market Strategy
    • Mergers and Acquisitions
    • New Product Launches
    • Asset Transactions
    • Financial Announcements
  2. Company Profile (key market players)
    • Company profile 1
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 2
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 3
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 4
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 5
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 6
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 7
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 8
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 9
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 10
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
  1. Other Companies

150+

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.