Global Diffraction Gratings Market Growth 2023-2029

Global Diffraction Gratings Market Growth 2023-2029

Product Code:457475

Published Date: Feb 08,2023

Pages: 118

Region: Global

Category: Machinery & Equipment

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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. A diffraction grating is a periodically structure of subsequent most evenly spaced grating lines. Those grooves or opaque lines diffract the incident light depending on its periocity and microstructure. Depending on the light's incidence angle, rainbow-colored patterns are discernible on a projection surface behind a transmission or reflection grating (except for gratings of the zero order). The colored patterns are known as optical spectrum. It is used as the key component in optical spectroscopy, telecommunication multiplexing or laser systems. Fiber Bragg Grating is not included in this report.

LPI (LP Information)' newest research report, the “Diffraction Gratings Industry Forecast” looks at past sales and reviews total world Diffraction Gratings sales in 2022, providing a comprehensive analysis by region and market sector of projected Diffraction Gratings sales for 2023 through 2029. With Diffraction Gratings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Diffraction Gratings industry.

This Insight Report provides a comprehensive analysis of the global Diffraction Gratings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Diffraction Gratings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Diffraction Gratings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Diffraction Gratings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Diffraction Gratings.

The global Diffraction Gratings market size is projected to grow from US$ 216.2 million in 2022 to US$ 318.8 million in 2029; it is expected to grow at a CAGR of 318.8 from 2023 to 2029.

Global Diffraction Gratings key players include HORIBA, Newport Corporation, Edmund Optics, Shimadzu Corporation, Lightsmyth (Finisar), etc. Global top five manufacturers hold a share about 50%. North America is the largest market, with a share about 35%, followed by Japan, with a share about 20 percent. In terms of product, Holographic Gratings is the largest segment, with a share about 50%. And in terms of application, the largest application is Monochromator and Spectrometer, followed by Laser, Optical Telecom, Astronomy, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Diffraction Gratings market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Ruled Gratings
    Holographic Gratings

Segmentation by application
    Monochromator and Spectrometer
    Laser
    Optical Telecom
    Astronomy
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    HORIBA
    MKS Instruments(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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Diffraction Gratings market?
What factors are driving Diffraction Gratings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Diffraction Gratings market opportunities vary by end market size?
How does Diffraction Gratings break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?