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Collimator Market to reach USD 359.64 Mn by 2029, Technological Advancements and Growth Opportunities

Collimator Market

Collimator Market

Pune 02, May 2023: The Collimator Market was valued at USD 175.79 Mn. in 2021and is expected to read USD 359.64 Mn in 2029, at a CAGR of 9.36 percent.

Collimator Market Report Scope and Research Methodology

Reflective and refractive collimators are the two available formats. Reflective collimators are used in systems for testing thermal imagers and other applications due to their wide spectral range, while refractive collimators are used in systems for testing night vision devices or TV cameras that work in the visible/near infrared range.

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The report uses PORTER and PESTEL analysis to present potential micro-economic factors that may impact the market positively or negatively. The report also analyzes both external and internal factors that are expected to affect the business, giving a clear futuristic view of the industry to the decision-makers.

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Collimator Market Dynamics

The parallel holes collimator segment has dominated the market in 2021 and is expected to continue its dominance during the forecast period. Parallel holes collimators are further divided into three types, and a surge in the adoption of parallel holes collimators in nuclear medicine imaging applications to restrict the imaging field of view and to get extremely important data regarding the radioactivity distribution is expected to boost market growth.

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The industrial radiography segment is expected to grow more than 6.25 percent rate of CAGR during the forecast period due to the increasing demand for industrial radiography as the incidence of chronic diseases such as liver, cancer, and cardiovascular diseases rises. The automobile industry is expected to grow at a more than 4.25 percent rate of CAGR during the forecast period due to an increase in the adoption of advanced lighting technologies in vehicles such as LED and laser for headlamps.

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Collimator Market Regional Insights

The Asia Pacific is emerging as the dominant market for collimators. The Asia Pacific collimator market growth is driven by the demand for collimator devices in fiber optics and spectrometer devices as a telescope. Developing economies like China, Japan, India, and South Korea are the main contributors.

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Collimator Market Segmentation

By Type

Pin Hole Collimator
Parallel Hole Collimator
Convergent Collimator
Divergent Collimator
Slanthole Collimators
Fanbeam Collimators
Others

By Application:

Medical Imaging
Radionuclide Imaging
Scintillation Imaging
Nuclear Power Station
Calibration of Optical Devices
Industrial Radiography
Others

By End User:

Automobile
Interferometer
Medical
Spectroscopy
Display measurement

Collimator Market Key Competitors include:

Thorlabs, Inc.
Optics Technology Inc.
Innovent Technologies Trioptics
Holmarc Opto-Mechatronics (P) Ltd.
Light Path Technologies, Inc.
Ocean Optics, Inc.
McPherson
Plansee
Nuclear Fields
AMS Technologies AG
Chrosziel GmbH
HAAG-STREIT GROUP
INGENERIC GmbH
TRIOPTICS GmbH
Avantes BV
Auer Lighting GmbH

Table of Content for Collimator Market

Global Collimator Market: Research Methodology

Global Collimator Market: Executive Summary

Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Collimator Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Collimator Market Segmentation

Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by End User (2021-2029)

Regional Collimator Market (2021-2029)

Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by End User (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Types:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Application and End User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
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