Diffractive Optical Element Market worth $388.7 million in 2030 – Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., Oct. 3, 2024 /PRNewswire/ — The global diffractive optical element market is expected to reach USD 388.7 million in 2030 from USD 220.9 million in 2024, at a CAGR of 9.9% during the forecast period according to a new report by MarketsandMarkets™. DOEs are rapidly becoming a major component in the development of recent emerging technologies such as AR, VR, and automotive systems. In AR/VR devices, DOEs play a part toward producing high-quality visual experiences with an efficient light management in compact, lightweight optics. This is crucial to generating high-quality dynamic images in headsets and holographic displays.  DOEs also enable the development of head-up displays that project vital information into windshields, thus improving safety and experience for drivers. Thus rising demand for these technologies boosts the demand for DOEs in these sectors.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=190494680

Browse in-depth TOC on “Diffractive Optical Element Market” 

216 – Tables
55 – Figures
221 – Pages

Diffractive Optical Element Market Report Scope:

The diffractive pattern generator segment is expected to grow fastest in forecast period.

The diffractive pattern generator is expected to grow fastest during the forecast period. Diffractive Pattern Generators are required for applications involving precise, customizable light pattern generation, which is gaining traction widely across various industry segments. In certain devices like smartphones and AR/VR systems, diffractive Pattern Generators are used in some applications like 3D sensing, facial recognition, and holographic displays that require accurate projection of light patterns for optimal performance.

The industrial segment is dominating in diffractive optical element market.

The industrial segment is dominating in diffractive optical element market, boosted by several factors. DOEs enable precise manipulation of laser beams which is necessary for cutting, welding, engraving, and micromachining processes. High-power lasers can be handled with this without losing accuracy. This makes the DOEs to be beneficial for the industrial setting due to its high demand. The trend toward miniaturization, microfabrication, and high-quality surface treatments can thus be added in the increase of DOE usage in material processing and dominate this market segment.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=190494680

US in the North America region to dominate the diffractive optical element industry during the forecast period.

DOEs are widely employed in various industries in the United States, such as aerospace, defense, healthcare, and semiconductor manufacturing. The applications like laser-based material processing, medical devices, and optical communication have created strong driving forces for DOEs in these sectors in the country. The country emphasizes on innovation supported through high investment in R&D into photonics, optics, and lasers. This enables the development of DOE applications in AR/VR, telecommunications, and autonomous vehicles.

Key players

The diffractive optical element companies includes significant Tier I and II players like M Zeiss Group (Germany), AGC Inc (Japan), Cohernet Corp (US), Jenoptik (Germany), HOLO/OR Ltd (Israel), Broadcom (US), Nalux Co., Ltd (Japan), Holoeye Photonics AG (Germany), Nissei Technology Corp (Japan), Sintec Optronics Ltd (Singapore) are some of the key players in the diffractive optical element market.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=190494680

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Laser Interferometer Market by Technique (Homodyne, Heterodyne), Type (Michelson, Fabry-Pérot, Fizeau, Mach-Zhender, Sagnac, Twyman-Green), Component (Laser Source, Photodetector, Optical Elements, Control System, Software) – Global Forecast to 2029

Laser Technology Market Size, Share & Industry Growth Analysis by Laser Type (Solid, Gas, Liquid), Configuration (Fixed, Moving, Hybrid), Application (Laser Processing, Optical Communication), Vertical (Telecommunications, Automotive, Medical, Industrial) and Region – Global Forecast to 2029

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:

Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com 
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/diffractive-optical-element-companies.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/diffractive-optical-element.asp

Logo: https://digitalmedianet.com/wp-content/uploads/2024/10/MarketsandMarkets.jpg 

View original content:https://www.prnewswire.com/news-releases/diffractive-optical-element-market-worth-388-7-million-in-2030—exclusive-report-by-marketsandmarkets-302266401.html

SOURCE MarketsandMarkets