Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
According to the latest research, the global Micro-Optics market size was valued at USD 2816.17 million in 2022 and is expected to expand at a CAGR of 8.44% during the forecast period, reaching USD 4578.89 million by 2028.
Micro-optics are optical systems that are between a few micrometers and a millimeter in size. This includes small lenses or arrays of lenses or optical fibers with a microscale core diameter. Such small optical components are important for integrated optics. Micro-optics is the study of optical functional devices and surface microstructures on the order of micrometers. For Micro-Optics devices, wide wavelength and optical power range make it very suitable for products such as fiber amplifiers, fiber lasers, telecommunications equipment, and fiber-based sensors and instrumentation equipment.
A micro-optical coupler can improve the coupling efficiency of the glass fiber bundle. It is made of ultra-pure quartz. Its transmission is about 96% in the wavelength range of 400-650nm. Custom variants available. The micro-optical coupler is specially designed to improve the optical efficiency of LED light transmission through the fiber bundle.
Short-term negative impact
The COVID-19 crisis is affecting all walks of life around the world, and the global economy is expected to be hit hardest in 2020 and 2021. The epidemic has had a negative impact on all walks of life. The sharp decline in international trade is having a negative impact on the growth of the global economy. Production shutdowns, supply chain restrictions, procurement management, labor shortages, and border blockades implemented to fight and contain the epidemic have adversely affected the manufacturing industry. The production slowdown in the manufacturing industry has directly affected the adoption of various temporary technologies and solutions. For example, telecommunications companies have reduced their expenditures by adopting multiple technical solutions to deal with the current situation. Micro-Optics production has been hit, and the demand side is not so strong or even weak. This has a negative impact on the Micro-Optics industry.
Long-term market resilience recovery
At present, the promotion of vaccines and the effective prevention of the epidemic by the government will help the market recover quickly, and the restoration of market confidence will help companies gradually stabilize their cash flow and control risks. Important industries rely heavily on Micro-Optics, such as telecommunications, defense and other industries, and later production will recover quickly and demand will also recover. Even, with the development of subsequent digital strategies, demand has increased.
Economic Factors
The economy is gradually recovering
In the post-epidemic era, with the promotion of vaccines and economic assistance policies in major regions, the global economy is expected to grow by 5.6% in 2021, mainly due to the strong rebound of several major economies. Among the major economies, the United States is expected to grow by 6.8% this year, reflecting large-scale financial support and the relaxation of epidemic restrictions. Growth in other advanced economies is also increasing but at a smaller rate. Among emerging markets and developing economies, China is expected to rebound to 8.5% this year, reflecting the release of pent-up demand.
The economic recovery of major economies will help boost confidence in capital markets. Companies applying micro-optical technology will reduce the difficulty of obtaining investment and financing. The recovery of cash flow is conducive to the enterprise's industrial layout, resumption of production, and rational operation. For enterprises, productivity will be restored. At the same time as the economy recovers, the consumption capacity of the terminal demand side will also recover, especially in the telecommunications industry. The increased demand for micro-optical technology products in the global competition situation will help promote the development of the industry.
Social Factors
Increased reliance on data, communications, and other industries
The growing demand for high bandwidth in various industries such as telecommunications, healthcare, automotive, oil, and gas, etc. has had a positive impact on the market. The growing demand for services such as cloud applications, video and audio services, and online games from residential users and businesses have supplemented the growth of this market. With the popularization of mobile devices, all departments are adopting more and more mobile devices, increasing the demand for high-speed data services, leading to the growth of the Micro-Optics Market. The increasing demand for services including social media, video services, and online games has increased the demand for Micro-Optics Market.
In terms of life and work, the dependence on the basic network is deepened. With the development of microfabrication technology in the semiconductor industry, many new applications with new characteristics have been produced through miniaturization and the combination of various functions in a small range. This urges optics to be miniaturized to deal with new applications in the fields of optics and lasers. The high-tech and refined development needs of the manufacturing industry are driving the development of the Micro-Optics Market.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects
Company Overview:
Corning Incorporated is one of the major players operating in the Micro-Optics market, holding a share of 10.62% in 2023.
Corning Incorporated
Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications.
Senko Advanced Components
SENKO Advanced Components was incorporated in the United States in the early nineties and has since been recognized as one of the industry’s specialists in passive fiber optics interconnect and optical components. This is due in great part to the design capabilities and high manufacturing capacity in CNC machining, injection molding, and component assembly. To date, SENKO has 46 awarded patents, with more than twenty-five pending.
Segmentation Overview:
By type, Isolator segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Optical Network segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Micro-Optics industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Micro-Optics. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Micro-Optics Market Report Include:
Market Size Estimates: Micro-Optics market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Micro-Optics market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Micro-Optics market
Segment Market Analysis: Micro-Optics market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Micro-Optics market situations and prospects in major and top regions and countries
Micro-Optics Market
Micro-Optics Industry Chain: Micro-Optics market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Micro-Optics Industry News, Policies by regions
Micro-Optics Industry Porters Five Forces Analysis
Key players in the global Micro-Optics market are covered in Chapter 2:
Corning Incorporated
HYC
Excelitas
G&H Photonics
LIGHTEL
AFR
Thorlabs
FS.COM
Crowntech Photonics
Flyin Optronics
Accelink
Senko Advanced Components
SEI Optifrontier
In Chapter 6 and Chapter 9, on the basis of types, the Micro-Optics market from 2018 to 2028 is primarily split into:
WDM
Splitter/Coupler
Circulator
Isolator
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Micro-Optics market from 2018 to 2028 covers:
Optical Network
Industrial Laser
Data Center
Medical Equipments
Fiber Sensing
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Micro-Optics market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Micro-Optics industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Micro-Optics market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Micro-Optics industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Micro-Optics market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Micro-Optics market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Micro-Optics market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Micro-optics are optical systems that are between a few micrometers and a millimeter in size. This includes small lenses or arrays of lenses or optical fibers with a microscale core diameter. Such small optical components are important for integrated optics. Micro-optics is the study of optical functional devices and surface microstructures on the order of micrometers. For Micro-Optics devices, wide wavelength and optical power range make it very suitable for products such as fiber amplifiers, fiber lasers, telecommunications equipment, and fiber-based sensors and instrumentation equipment.
A micro-optical coupler can improve the coupling efficiency of the glass fiber bundle. It is made of ultra-pure quartz. Its transmission is about 96% in the wavelength range of 400-650nm. Custom variants available. The micro-optical coupler is specially designed to improve the optical efficiency of LED light transmission through the fiber bundle.
Short-term negative impact
The COVID-19 crisis is affecting all walks of life around the world, and the global economy is expected to be hit hardest in 2020 and 2021. The epidemic has had a negative impact on all walks of life. The sharp decline in international trade is having a negative impact on the growth of the global economy. Production shutdowns, supply chain restrictions, procurement management, labor shortages, and border blockades implemented to fight and contain the epidemic have adversely affected the manufacturing industry. The production slowdown in the manufacturing industry has directly affected the adoption of various temporary technologies and solutions. For example, telecommunications companies have reduced their expenditures by adopting multiple technical solutions to deal with the current situation. Micro-Optics production has been hit, and the demand side is not so strong or even weak. This has a negative impact on the Micro-Optics industry.
Long-term market resilience recovery
At present, the promotion of vaccines and the effective prevention of the epidemic by the government will help the market recover quickly, and the restoration of market confidence will help companies gradually stabilize their cash flow and control risks. Important industries rely heavily on Micro-Optics, such as telecommunications, defense and other industries, and later production will recover quickly and demand will also recover. Even, with the development of subsequent digital strategies, demand has increased.
Economic Factors
The economy is gradually recovering
In the post-epidemic era, with the promotion of vaccines and economic assistance policies in major regions, the global economy is expected to grow by 5.6% in 2021, mainly due to the strong rebound of several major economies. Among the major economies, the United States is expected to grow by 6.8% this year, reflecting large-scale financial support and the relaxation of epidemic restrictions. Growth in other advanced economies is also increasing but at a smaller rate. Among emerging markets and developing economies, China is expected to rebound to 8.5% this year, reflecting the release of pent-up demand.
The economic recovery of major economies will help boost confidence in capital markets. Companies applying micro-optical technology will reduce the difficulty of obtaining investment and financing. The recovery of cash flow is conducive to the enterprise's industrial layout, resumption of production, and rational operation. For enterprises, productivity will be restored. At the same time as the economy recovers, the consumption capacity of the terminal demand side will also recover, especially in the telecommunications industry. The increased demand for micro-optical technology products in the global competition situation will help promote the development of the industry.
Social Factors
Increased reliance on data, communications, and other industries
The growing demand for high bandwidth in various industries such as telecommunications, healthcare, automotive, oil, and gas, etc. has had a positive impact on the market. The growing demand for services such as cloud applications, video and audio services, and online games from residential users and businesses have supplemented the growth of this market. With the popularization of mobile devices, all departments are adopting more and more mobile devices, increasing the demand for high-speed data services, leading to the growth of the Micro-Optics Market. The increasing demand for services including social media, video services, and online games has increased the demand for Micro-Optics Market.
In terms of life and work, the dependence on the basic network is deepened. With the development of microfabrication technology in the semiconductor industry, many new applications with new characteristics have been produced through miniaturization and the combination of various functions in a small range. This urges optics to be miniaturized to deal with new applications in the fields of optics and lasers. The high-tech and refined development needs of the manufacturing industry are driving the development of the Micro-Optics Market.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects
Company Overview:
Corning Incorporated is one of the major players operating in the Micro-Optics market, holding a share of 10.62% in 2023.
Corning Incorporated
Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications.
Senko Advanced Components
SENKO Advanced Components was incorporated in the United States in the early nineties and has since been recognized as one of the industry’s specialists in passive fiber optics interconnect and optical components. This is due in great part to the design capabilities and high manufacturing capacity in CNC machining, injection molding, and component assembly. To date, SENKO has 46 awarded patents, with more than twenty-five pending.
Segmentation Overview:
By type, Isolator segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Optical Network segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Micro-Optics industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Micro-Optics. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Micro-Optics Market Report Include:
Market Size Estimates: Micro-Optics market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Micro-Optics market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Micro-Optics market
Segment Market Analysis: Micro-Optics market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Micro-Optics market situations and prospects in major and top regions and countries
Micro-Optics Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Micro-Optics Industry Chain: Micro-Optics market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Micro-Optics Industry News, Policies by regions
Micro-Optics Industry Porters Five Forces Analysis
Key players in the global Micro-Optics market are covered in Chapter 2:
Corning Incorporated
HYC
Excelitas
G&H Photonics
LIGHTEL
AFR
Thorlabs
FS.COM
Crowntech Photonics
Flyin Optronics
Accelink
Senko Advanced Components
SEI Optifrontier
In Chapter 6 and Chapter 9, on the basis of types, the Micro-Optics market from 2018 to 2028 is primarily split into:
WDM
Splitter/Coupler
Circulator
Isolator
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Micro-Optics market from 2018 to 2028 covers:
Optical Network
Industrial Laser
Data Center
Medical Equipments
Fiber Sensing
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Micro-Optics market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Micro-Optics industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Micro-Optics market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Micro-Optics industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Micro-Optics market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Micro-Optics market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Micro-Optics market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
