UK Optical Glass Market is segmented By Type (Raw Glass, Cut Blanks, Pressings, Miniaturized Ball Lenses, Disc, Others), By Materials (HT and HTultra Glass, XLD Glass, High Homogeneity Glass, Low Tg Glass, i-Line Glas, Radiation Resistant Glass, Radiation Shielding Glass, Sapphire, Glass Wafers with High Refractive Index, Infrared Chalcogenide Glass, Others), By Components (Lenses, Plano-Plano Optics, Prisms, Coating, Ceramic Converters, Others), By Filter (Optical Filter Glass, Interference Filter), By End-User (Digital Projection, Automotive, Life Science, Short-Wave Infrared Range, Machine Vision, Surveillance Systems, Professional Movie Camera Lenses, Others) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030.
UK Optical Glass Market Overview
The UK Optical Glass Market is expected to grow high at a CAGR 5.1% during the forecasting period (2023-2030).
Optical glass is used in almost every camera, projector, vehicle, lab equipment, among others. Optical glass provides the necessary functionality to various equipment where any visual is required. Several companies are entering into a collaboration with several organizations, associations, institutes, and foundations for the optical glass technology. For instance, in February 2020, SCHOTT AG entered into a strategic partnership with WaveOptics, a UK based designer and manufacturer of AR wearables, to distribute its product line “SCHOTT RealView” of high-index glass wafers 1.8 RI. Optical glass is gaining traction owing to the growing demand for automobiles and movie making cameras, along with projectors
UK Optical Glass Market Scope
|
Metrics |
Details |
|
CAGR |
5.1% |
|
Size Available for Years |
2021-2030 |
|
Forecast Period |
2023-2030 |
|
Data Availability |
Value (US$) |
|
Segments Covered |
Type, Materials, Components, Filter, and End-User |
|
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
To Know More Insights - Download Sample
UK Optical Glass Market Dynamics
The digital projection equipment such as DLP Projector, LCD Projector, LCOS, etc. which are used in residential, institutions, commercial offices, exhibition & tradeshow, hotels, bars, and restaurants, among others
Digital projects are most commonly being used in school and college auditoriums, classrooms, seminar hall, conference room, commercial offices, bars, and restaurants for decades
Demand for short-throw DLP projectors and ultra-short-throw DLP projectors is higher than normal-throw DLP projectors due to demands in small-space applications. Since small-space applications are accompanied by business, entertainment, and education sectors, they are positively anticipated to positively impact market growth.
The digital projector has various features such as increased pixels, high contrast feature, durability, reliability and portability. Although digital projection equipment is costly as compared to its peers
Digital projection equipment is gaining traction due to a wider presentation range, which can cater to a broader audience than TV and other projection equipment.
UK Optical Glass Market Segmentation Analysis
By Type
The raw glass segment in UK optical glass market is reached US$ XX Million in 2019 and is expected to reach US$ XX Million by 2027 growing with a CAGR of XX% between 2020 and 2027
Raw glass detectors are extensively utilized in various industries, including automotive, healthcare, etc. Raw glass is most commonly used due to its cheap cost and easy availability.
It is majorly used in developing countries and low-end applications where high technicality is not required
In September 2019, AGC Inc., a Japan-based optical glass manufacturer, established a new raw glass manufacturing plant in Suzhou, Jiangsu, China, to produce 3D/complex-shaped cover glass for car-mounted displays.
By Region
The UK optical glass market is reached US$ XX Million in 2019 and is expected to reach US$ XX Million by 2027 growing with a CAGR of XX% between 2020 and 2027
The optical glass market is growing due to the rising demand for automobiles. Also, the replacement of old equipment’s in new schools, colleges, and new companies is a quite common UK which is boosting the demand for optical glass.
UK is the one of the largest electronic equipment consumer in Europe, which further increased the demand for optical glass in the region. The UK is also the fastest-growing market for movie-making equipment, which further grown optical glass demand.
UK Optical Glass Market Companies
Major players are SCHOTT AG, Carl Zeiss, Corning, Nikon Corporation, CDGM GLASS, HOYA Corporation, Edmund Optics, Crystran Ltd, SUMITA OPTICAL GLASS, Inc., Hubei New Huaguang Information Materials Co., Ltd., AGC Inc. and among Others.
