What is Color Filter Glass?
Coloured dye is injected into a glass substrate to create Colour Filter Glass. The dye determines the colour and spectrum performance of the filter. Colour glass filters are simple, reliable optics that may be utilised in a variety of applications in this regard. They are quite effective for isolating certain spectrum areas. They transmit light in certain wavelength ranges while absorbing wavelengths that are undesirable. Colour glass filters are useful for selective wavelength absorption and, as a result, have excellent out-of-band blocking capabilities. Colour filter glasses are also renowned for making the filter curves practically independent of the angle of light. Apart from its extensive industrial applications, the primary factor driving the demand and growth of colour filter glass is its applications in medical instruments. Recent Surge in investments in healthcare sector has aided in accelerating the growth. North America is the largest market of colour filter glass.
The market study is broken down by Type (Sharp Cut Filters, Infrared Transmitting Filter, Heat Absorbing Filter, Ultraviolet Transmitting Filters, Multiband Calibration Filters and Others), by Application (Machine Vision, Night Vision, CRT display/LCD/FED imaging, UV Trans-Illuminator, Medical Instruments and Others) and major geographies with country level break-up.
Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Schott AG (Germany), Hoya Corporation (Japan), Sydor Optics (United States), Kopp Glass (United States), Laurel Industries Inc. (United States), Sterling Precision Optics. Inc. (United States), Glen Mills Inc. (United States), Enpro Industries, Inc. (United States) and Thorlabs, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Knight Optical Ltd. (United Kingdom), Optics and Allied Engineering Pvt. Ltd. (India) and Shanghai Optics (United States).
AdvanceMarketAnalytics has segmented the market of Global Color Filter Glass market by Type, Application and Region.
On the basis of geography, the market of Color Filter Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Surface Type , the sub-segment i.e. Polished Color Filter Glass will boost the Color Filter Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Color Filter Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, EnPro Industries Inc., a United States based specialising in material science has announced signing of a definitive agreement to acquire Alluxa, which specialises in the manufacturing of optical filters and thin-film coatings. The acquisition is valued at USD 255 million. The acquisition deal will aid EnPro’s existing thin-film product offerings as well as accelerate its growth in life sciences, and semiconductor market.
In 2019, Thorlabs, Inc., a United States based optical equipment company has announced acquisition of KMLabs owned fibre laser assets. This will further bolster its expertise in multivariate optical elements (MOEs) technology used for spectroscopic chemical analysis, and nanopatterning tools. The combined synergy between both the entities can aid them accelerate their market growth with the expanded portfolio.
- Polished Color Filter Glass Accounts for Larger Market Share
- Extensive Applications in Medical Equipment or Instrument
- Recent Surge in Investments in Healthcare Sector
- Advancements in the Field of Optics due to Large Number of Industrial Applications
- Clear Machine Vision is rising in Demand due to Increased Adoption of Automation and Robotics
- Presence of Substitute such as Coloured Glass Alternative Filters in Market
- High Cost of Manufacturing Setup
Key Target AudienceColour Filter Glass Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Schott AG (Germany), Hoya Corporation (Japan), Sydor Optics (United States), Kopp Glass (United States), Laurel Industries Inc. (United States), Sterling Precision Optics. Inc. (United States), Glen Mills Inc. (United States), Enpro Industries, Inc. (United States) and Thorlabs, Inc. (United States) etc.
2. Can we have customized study for Color Filter Glass Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Color Filter Glass Market by 2026?
Analysts at AMA estimates Color Filter Glass Market to reach USD Million by 2026.