Molded IR Aspheric Lenses Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030.
The Molded IR Aspheric Lenses market has seen significant changes and growth from 2018 to 2022, driven by advancements in optical technology, increasing demand in industries like telecommunications, consumer electronics, and automotive, as well as the rise in infrared imaging applications. During this period, the demand for molded infrared aspheric lenses surged, particularly for use in high-resolution cameras, night vision devices, and security systems. This growth can be attributed to innovations in lens manufacturing techniques, which allowed for more precise and cost-effective production of these high-performance lenses.
In the 2023-2033 period, experts forecast a continuation of the upward trajectory, with the molded IR aspheric lenses market likely to expand at a faster pace. The rapid adoption of infrared lenses in various sectors, such as healthcare, defense, and industrial applications, is expected to drive market demand. The rise of autonomous vehicles and drones, coupled with increased demand for infrared sensors and cameras, will play a pivotal role in shaping the future of the market. Furthermore, with continuous advancements in optical coatings and materials, the performance of molded IR aspheric lenses is set to improve, further fueling their adoption.
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Thorlabs
Inc.
LightPath Technologies
Panasonic
Shanghai Optics
Wavelength Opto-Electronic
Changchun Yutai Optics Co.
Ltd.
Opticreate Technology Co.
Ltd.
SEIKOH GIKEN Co.
Ltd.
Syntec Optics
G&H Group
Sunday Optics
Hyperion Optics
Konica Minolta
Inc.
Ophir
Knight Optical
Newport Corporation
FOCtek
Archer Optx
Guangzhou Victel Optics Co.
Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Molded IR Aspheric Lenses Market
Industrial Lasers
Medical
Fiber Optic Telecommunication
Other
Based on Types the Market is categorized into Below types that held the largest Molded IR Aspheric Lenses market share In 2023.
SWIR
MWIR
LWIR
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Molded IR Aspheric Lenses Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Molded IR Aspheric Lenses Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Molded IR Aspheric Lenses Market, By Type
6. Global Molded IR Aspheric Lenses Market, By Application
7. Global Molded IR Aspheric Lenses Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Molded IR Aspheric Lenses Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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