Global Lens array market was valued at 268 Million US$ in 2018 and is projected to reach 374 Million US$ by 2024
Wednesday, 17 Jun, 2020
Lens array is an optical element with a surface made of a transparent substance, Lens array are often used to increase the light collection efficiency of CCD arrays.
The future of the global lens array market is attractive with opportunities in end use application segments, including microscope, lens, optical instruments, surveillance camera and others.
Global Lens array market was valued at 268 Million US$ in 2018 and is projected to reach 374 Million US$ by 2024, at a CAGR of 5.74% during the forecast period
The major drivers for growth in this market are increasing demand for all kinds of optical instruments and cameras. Within the global lens array market, the optical instruments segment is expected to remain the largest market in terms of value and volume consumption. The major driver for this segment is rapid increasing development of electronic industry.
Key players in global lens array market include: Axetris AG, Fisba Optik, Isuzu Glass, Alps Electric, PowerPhotonic, Teledyne Scientific & Imaging, Thorlabs, GoFoton Group, Japan Cell.