Global Holographic Grating Market Growth 2019-2024

A holographic grating is a type of diffraction grating formed by an interference-fringe field of two laser beams whose standing-wave pattern is exposed to a polished substrate coated with photoresist. Processing of the exposed medium results in a pattern of straight lines with a sinusoidal crosssection.
A diffraction grating is an optical element that diffracts energy into its constituent wavelengths. The groove density, depth and profile of a diffraction grating dictate the spectral range, efficiency, resolution and performance of the diffraction grating. There are typically two different types of diffraction grating – the ruled grating and the holographic grating. A ruled diffraction grating is produced by a ruling engine that cuts grooves into the coating on the grating substrate (typically glass coated with a thin reflective layer) using a diamond tipped tool. A holographic diffraction grating is produced using a photolithographic technique. The most common type of holographic diffraction grating are plane gratings and concave gratings.
The market is driven by various end-user industries, such as spectroscopic, telecommunications and laser applications, as well as for research and education. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
A Holographic Grating is an optical component with a periodic structure, which splits and diffracts light into several beams travelling in different directions in order of wavelength. Diffractive optics helps bring high-performance spectral analysis-using hyperspectral or Raman-into the field for science and remote sensing, onto the production line for advanced machine vision, and into the laboratory.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

According to this study, over the next five years the Holographic Grating market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Holographic Grating business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Holographic Grating market by product type, application, key manufacturers and key regions and countries.

This study considers the Holographic Grating value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Plane Type Holographic Grating
Concave Type Holographic Grating
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Monochromator and Spectrometer
Laser
Optical Telecom
Astronomy
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
HORIBA
Newport Corporation
Edmund Optics
Shimadzu Corporation
Kaiser Optical Systems
Lightsmyth (Finisar)
Plymouth Grating Lab
Zeiss
Optometrics (Dynasil)
Headwall Photonics
Spectrogon AB
Thorlabs
Spectrum Scientific
Photop Technologies
Wasatch Photonics
GratingWorks
Shenyang Yibeite Optics

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Holographic Grating consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Holographic Grating market by identifying its various subsegments.
Focuses on the key global Holographic Grating manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Holographic Grating with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Holographic Grating submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.