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Liquid Crystal Tunable Filters Market

Global Liquid Crystal Tunable Filters Market Share, Analysis: By Application: Agriculture, Medical, Military, Forensic, Chemical Spectroscopy, Semiconductor Process Control, Others; By Wavelength: Visible (VIS) – 400 to 700 nm, Near-Infrared (NIR) – 780 to 2500 nm; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Liquid Crystal Tunable Filters Market Outlook

The global liquid crystal tunable filters market stood at a value of around USD 54.16 million in 2023. The market will expand at a CAGR of 6.2% between 2024 and 2032.

 

The increasing implementation of tunable filters in the medical and commercial industry is helping the liquid crystal tunable filters industry grow. The growing R&D operations and strategic alliances are anticipated to leverage the market growth in the coming years.

 

Global Liquid Crystal Tunable Filters Market

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Market Segmentation

A liquid crystal tunable filter is an optical filter that uses elements of electronically controlled liquid crystal (LC) to transmit a selectable wavelength of light and exclude other elements.

The global liquid crystal tunable filters industry can be divided based on segments like applications and wavelengths.

 

Global Liquid Crystal Tunable Filters Market

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The industry can be broadly categorised based on its application into:

  • Agriculture
  • Medical 
  • Military 
  • Forensic 
  • Chemical Spectroscopy
  • Semiconductor Process Control
  • Others

The industry can be divided on the basis of its wavelength into visible (VIS)– 400 to 700 nm, and near-infrared (NIR)– 780 to 2500 nm.

The EMR report looks into the regional liquid crystal tunable filters markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Market Analysis

With the increasing focus on the image quality in imaging applications, the demand for liquid crystal tunable filters in digital image processing technology is evolving. Factors such as the choice of acousto-optic tunable channels (AOTFs) for various restorative and company applications and the execution of liquid crystal tunable filters for highly demanding machine vision applications are expected to drive the growth of the market for liquid crystal tunable filters. Manufacturers are working towards the development of liquid crystal tunable filters that can facilitate the advancements of automated systems by leveraging skilled research resources. North America leads the global liquid crystal tunable filters industry, accounting for a significant share in the market. Further, hefty investments made in the R&D activities, directed towards innovating filter technology, are expected to aid the industry over the forecast period.

 

Global Liquid Crystal Tunable Filters Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global liquid crystal tunable filters market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Channel Systems, Inc. 
  • Perkinelmer Inc. (NYSE: PKI)
  • Thorlabs, Inc. 
  • Santec Corporation
  • Kent Optronics, Inc.
  • Semrock, Inc.
  • ChemImage
  • Meadowlark Optics, Inc.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Wavelength
  • Region
Breakup by Application
  • Agriculture
  • Medical
  • Military
  • Forensic
  • Chemical Spectroscopy
  • Semiconductor Process Control
  • Others
Breakup by Wavelength
  • Visible (VIS) – 400 to 700 nm
  • Near-infrared (NIR) – 780 to 2500 nm
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Channel Systems Inc.
  • PerkinElmer Inc.
  • Thorlabs, Inc.
  • Santec Corporation
  • Kent Optronics, Inc.
  • Semrock, Inc.
  • ChemImage
  • Meadowlark Optics, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Liquid Crystal Tunable Filter Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Liquid Crystal Tunable Filter Historical Market (2018-2023) 
    8.3    Global Liquid Crystal Tunable Filter Market Forecast (2024-2032)
    8.4    Global Liquid Crystal Tunable Filter Market by Application
        8.4.1    Agriculture
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Medical
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Military
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Forensic
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Chemical Spectroscopy
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Semiconductor Process Control
            8.4.6.1    Historical Trend (2018-2023)
            8.4.6.2    Forecast Trend (2024-2032)
        8.4.7    Others
    8.5    Global Liquid Crystal Tunable Filter Market by Wavelength
        8.5.1    Visible (VIS) – 400 to 700 nm
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Near-Infrared (NIR) – 780 to 2500 nm
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)    
    8.6    Global Liquid Crystal Tunable Filter Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Liquid Crystal Tunable Filter Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Liquid  Crystal Tunable Filter Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Liquid Crystal Tunable Filter Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Liquid Crystal Tunable Filter Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Liquid Crystal Tunable Filter Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Channel Systems Inc. 
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    PerkinElmer Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Thorlabs, Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Santec Corporation
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Kent Optronics, Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Semrock, Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    ChemImage
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Meadowlark Optics, Inc.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Liquid Crystal Tunable Filter Market: Key Industry Highlights, 2018 and 2032
2.    Global Liquid Crystal Tunable Filter Historical Market: Breakup by Application (USD Million), 2018-2023
3.    Global Liquid Crystal Tunable Filter Market Forecast: Breakup by Application (USD Million), 2024-2032
4.    Global Liquid Crystal Tunable Filter Historical Market: Breakup by Wavelength (USD Million), 2018-2023
5.    Global Liquid Crystal Tunable Filter Market Forecast: Breakup by Wavelength (USD Million), 2024-2032
6.    Global Liquid Crystal Tunable Filter Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Liquid Crystal Tunable Filter Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Liquid Crystal Tunable Filter Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Liquid Crystal Tunable Filter Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Liquid Crystal Tunable Filter Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Liquid Crystal Tunable Filter Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Liquid Crystal Tunable Filter Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Liquid Crystal Tunable Filter Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Liquid Crystal Tunable Filter Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Liquid Crystal Tunable Filter Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Liquid Crystal Tunable Filter Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Liquid Crystal Tunable Filter Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Liquid Crystal Tunable Filter Market Structure

Key Questions Answered in the Report

In 2023, the global liquid crystal tunable filters market attained a value of nearly USD 54.16 million.

The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.

The major market drivers are increasing implementation of tunable filters in medical and commercial industries.

The key trends in the market are rising demand for liquid crystal tunable filters in image processing technology and machine vision applications.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant applications of liquid crystal tunable filters are agriculture, medical, military, forensic, chemical spectroscopy, and semiconductor process control, among others.

Visible (VIS) – 400 to 700 nm and near-infrared (NIR) – 780 to 2500 nm are several wavelengths of liquid crystal tunable filters considered in the market report.

The major market players include Channel Systems Inc., PerkinElmer Inc., Thorlabs, Inc., Santec Corporation, Kent Optronics, Inc., Semrock, Inc., ChemImage, and Meadowlark Optics, Inc., among others.

Analyst Review

The global liquid crystal tunable filters market attained a value of USD 54.16 million in 2023, driven by the increasing implementation of tunable filters in medical and commercial industries. Aided by rising demand from image processing technology and machine vision applications, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.2%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The application sectors include agriculture, medical, military, forensic, chemical spectroscopy, and semiconductor process control, among others. Based on its wavelengths, the liquid crystal tunable filters industry can be segmented into visible (VIS) – 400 to 700 nm and near-infrared (NIR) – 780 to 2500 nm, with visible wavelength accounting for the largest market share. The major regional markets for liquid crystal tunable filters are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Channel Systems, Inc., Perkinelmer Inc. (NYSE: PKI), Thorlabs, Inc., Santec Corporation, Kent Optronics, Inc., Semrock, Inc., ChemImage, and Meadowlark Optics, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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