What is Liquid Lenses Market?
A liquid lens mainly uses one or more kinds of fluids so as to create an infinitely-variable lens without any moving parts by the means of controlling the meniscus (the surface of the liquid.) There are namely two primary types transmissive and reflective. These are however not to be confused with the liquid-formed lenses which are created by the method of placing a drop of plastic or epoxy on the surface, which is then allowed to harden and hence form into a lens shape. These liquid lenses, therefore, permit the imaging systems to overcome the Depth of Field (DOF) limitations by letting the focus be electronically adjusted without the requirement of any sort of mechanical movement. This could, in turn, be a great solution for the applications that have varying object heights as well as working distances. These traditional solutions for such kinds of applications hereby include the motorized zoom lenses or the physically repositioning of the object so as to bring it into focus. Furthermore, another way to increase the DOF in any traditional lens is by increasing the focal and by reducing the aperture size of the imaging lens. However, this can further also reduce the resolution and the amount of light that gets through any imaging system, thereby reducing the acquisition rates as well as the image quality. Therefore, by integrating a liquid lens, an imaging system can change can focus electronically without conceding to its speed or image quality, irrespective of the object’s distance from the camera. The liquid lenses are used in various applications like digital photography, barcode reading (1D and 2D), industrial data capture, and biometric data acquisition. Essentially, these liquid lenses were used in any such application wherein there were large variations in the object distance and which hence required a fast autofocusing.
The market study is being classified by Type (Transmissive and Reflective), by Application (Code Reader, Camera, Medical Imaging and Others) and major geographies with country level break-up.
Varioptic (France), Edmund Optics (United States), Optilux (United States), Opticon Inc. (United States), Optotune AG (Switzerland), Robu.in (India), Corning Inc. (United States), Cognex Corporation (United States), Vision Systems Design (United States) and Navitar Inc. (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Liquid Lenses market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Liquid Lenses market by Type, Application and Region.
On the basis of geography, the market of Liquid Lenses 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rise in Geriatric Population in worldwide
- Increase in Disposable Income among the Population Worldwide
- Inclination towards High-Resolution Picture Quality
Market Trend
- Investments To Add-On Special Effects To Gain Competitive Edge
- Increment In Count Of Photo Editors
Restraints
- Availability Of Smart Phones With In-Built High-Quality Camera
Opportunities
- Growing Awareness Regarding the Liquid Lenses in both Underdeveloped and Developing Countries
- Rising Research and Development by the Manufactures
Challenges
- Presence Of Substitute Product
Key Target Audience
Manufacturers of Liquid Lenses, Suppliers and Distributors of Liquid Lenses, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others