Beam Expanders Market Outlook- 2030
Beam expanders are optical devices which are commonly used in systems with a lengthy beam path to maintain the beam collimated or to change the size of the focus point for a particular focusing lens. They are also known as collimators or up-collimators. These beam expanders are employed in laser scanning, optics, and remote sensing, among other applications. The beam expanders quadratically increase the beam area in relation to their magnification without changing the overall energy contained inside the beam.
The Galilean telescope, which has one negative input lens and one positive output lens, is the most common form of beam expander. In mining and petroleum exploration, beam expanders are used in other applications as well, such as telecommunication and automotive. Due to their widespread use in passive optical components such as circulators, couplers, isolators, switch elements, filters, and numerous other types of connections, the fiber optic market has grown rapidly across the world.
The global beam expanders market is segmented on the basis of design type, device type, applications, industry vertical and region. Based on design type, the market is divided into galilean and keplerian. The device type segment is divided into Optical Communication, Measurement, Laser Systems, Remote Sensing, Lidar, and Others. In terms of applications, the market is categorized into Instrumentation, Mining, Petroleum Exploration, Scientific Research, and Others. On the basis of industrial vertical, the market is divided into Defense, Industrial, Commercial, and Others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global beam expanders industry include EKSMA Optics, Shanghai Optics Inc., Knight Optical LLC, DPM Photonics, Edmund Optics, Lumetrics, Inc, Jenoptik AG, Excelitas Technologies Corp., Special Optics, Diamond SA. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global beam expanders market.
COVID-19 Impact Analysis
COVID-19 has had a substantial impact on the sector's fundamentals, including consumer behavior, business revenues, and a variety of company activities. Industries, including telecommunications, utilities, and manufacturing, depend largely on the performance of semiconductor technologies and related supply chains to manage communication networks, essential services, and important supplies.
The COVID-19 outbreak has posed a significant strategic threat to electronics and manufacturing companies in recent months. The electronics and semiconductor manufacturing industries have been harmed by disruptions in raw material supply, temporary shutdown of manufacturing units, inadequate finance, and weak consumer demand.
Top Impacting Factors
The consumption of optical parts and components in the fiber optics sector has increased rapidly in various sectors all around the world such as telecommunication, health sector, and manufacturing sector. This has resulted in the development of a favorable environment for the increased use of fiber beam expander lenses and assist the beam expanders industry. In the telecommunications business, fiber optic transport and access networks have been rapidly expanded on a large scale.
The beam expanders market based on fiber optics is even driven by private data communication, cable TV, specialty, and instrumentation segments. Optical isolators and circulators are used in combination with fiber optic beam expanders. All these factors provide lucrative for beam expanders market opportunity globally.
New Product Launches to Flourish the Market
Fiber optic telecommunication companies like EKSMA Optics play a major role in the whole value chain such as from the development of cutting-edge communications equipment like beam expanders through network deployment in telecommunication industry. Companies such as Thorlabs even have Galilean type beam expanders variety for the UV, visible, near infrared, and mid-infrared spectral regions, which are available in both fixed and variable magnification versions.
Surge in Usage in Healthcare Sector and Manufacturing Sector
In the telecommunications sector, fiber optic and access networks have rapidly expanded on a huge scale. The fiber optic beam expanders market is driven by the private data communication, cable TV, specialized, and instrumentation segments. Fiber optic cabling is regarded as one of the most secure communication methods in various industries such as military &defense, scientific research & instrumentation, medical, industrial, and commercial. All these, surge in applications act as major drives for the beam expanders market.
Key Benefits of the Report
- This study presents the analytical depiction of the beam expanders market growth along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the beam expanders market trends.
- The current market is quantitatively analyzed to highlight the growth scenario of the beam expanders market forecast.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
- The report provides a detailed beam expanders market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Beam Expanders Market Research Report
- Which are the leading players active in the beam expanders market size?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the beam expanders market share?
- What are the projections for the future that would help in taking further strategic steps?
- What are beam expanders?
- What does a beam expander allow organizations to achieve?
- Which technologies combine to make beam expanders a critical organizational asset?
- What are the key benefits of the beam expanders market report?
- Which niches should companies associated with recent improvements establish a presence in?
Beam Expanders Market Report Highlights
| Aspects | Details |
 By Design Type |
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 By Industry Vertical |
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 By Region |
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 Key Market Players | ASE Optics Inc., Dragon Lasers, Laser Components GmbH, Roithner Lasertechnik, CVI Melles Griot, Newport Corporation, Edmund Optics, Thorlabs Inc., SUMICA OPTICS Co., Ltd., Optima Optics LLC |
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