DUBLIN--(BUSINESS WIRE)--The "Liquid Crystal Tunable Filter Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029" report has been added to ResearchAndMarkets.com's offering.
The liquid crystal tunable filter market worldwide is expected to grow with a CAGR of 9.8% during the forecast period from 2021 to 2029.
Companies Mentioned
- Channel Systems Inc.
- Perkinelmer Inc.
- Thorlabs Inc.
- Santec Corporation
- Kent Optronics Inc.
- Semrock Inc.
- Meadowlark Optics Inc.
- ChemImage Corporation
- AA Opto Electronic
- EXFO Corporation
Rise in demand for tunable filters and wide application of liquid crystal tunable filters are the major growth factors for the market. Due to various benefits of these filters such as good image quality, low cost, quick tenability and controllability, liquid crystal tunable filters are being used in biomedicine, remote application and other industries. These filters are extensively being used in different imaging systems such as hyper-spectral imaging systems, which helps the market to grow. As a result, we expect the market to grow with a rapid pace throughout the forecast period.
Visible Segment Dominates the Market
The liquid crystal tunable filter market by wavelength type is led by visible (VIS) - 400 to 700 nm segment. The segment accounted for more than 50% of the market share owing to rising adoption of liquid crystal tunable filters in hyper-spectral and machine vision applications. To acquire different spectral elements of scenes, visible (VIS) 400 to 700 nm liquid crystal tunable filter is used in hyper- spectral imaging systems. Further, due to wide application of these filters in spectral imaging system the visible segment to continue lead the market throughout the forecast period.
Asia Pacific to be the Fastest Growing Region
North America led the liquid crystal tunable filter market, accounted for more than 30% of the market share worldwide, in 2020. Growing demand for semiconductor process control equipment's and rapid increase in R & D activities are the major growth factors for North America. On the other hand, Asia Pacific will be the fastest-growing region owing to rising tunable filters market and huge investments for technology in the region. As a result of aforementioned factors, Asia Pacific will be the fastest-growing segment throughout the forecast period.
Key questions answered in this report
- What was the market size of liquid crystal tunable filter in 2020 and forecast up to 2029?
- Which is the largest regional market for liquid crystal tunable filter?
- What are the major trends followed in overall liquid crystal tunable filter across different regions?
- Who are the key liquid crystal tunable filter companies leading the market?
- What are the key strategies adopted by the leading liquid crystal tunable filter companies in market?
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
2.1 Market Snapshot: Global LCTF Market
2.1.1 Global LCTF Market, by Wavelength Type, 2020 (US$ Mn)
2.1.2 Global LCTF Market, by Application, 2020 (US$ Mn)
2.1.3 Global LCTF Market, by Geography, 2020 (US$ Mn)
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2020
3.4 Market Positioning of Key LCTF Manufacturers, 2020
Chapter 4 Global Liquid Crystal Tunable Filters (LCTF) Market, by Wavelength Type
Chapter 5 Global Liquid Crystal Tunable Filters (LCTF) Market, by Application
Chapter 6 North America Liquid Crystal Tunable Filters (LCTF) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 7 Europe Liquid Crystal Tunable Filters (LCTF) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 8 Asia Pacific Liquid Crystal Tunable Filters (LCTF) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 9 Rest of the World (RoW) Liquid Crystal Tunable Filters (LCTF) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/xefc0h
