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Optical Ceramics Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Publisher Global Market Insights
Published Dec 09, 2024
Length 171 Pages
SKU # GMI19463496

Description

Optical Ceramics Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032


The global optical ceramics market was valued at USD 256 million in 2023 and is anticipated to register an 11.9% CAGR between 2024 and 2032, favored by advancements in optical technology and increasing demand for high-performance materials. Optical ceramics offer superior properties, such as high transparency, thermal stability, and resistance to harsh environments, making them ideal for optical components used in lasers, sensors, and communication systems. Additionally, the expanding applications of optical ceramics in aerospace, defense, and medical sectors, where precision and reliability are critical will further fuel the market growth.

LiDAR systems, used in autonomous vehicles, mapping, and environmental monitoring, rely on optical ceramics for their superior optical properties and durability. Similarly, the growing adoption of AR and VR devices in gaming, healthcare, and industrial applications is creating multiple opportunities for optical ceramics as key components for lenses, waveguides, and displays. For instance, in September 2023, the Sony Xperia 1 VI launched the Samsung Galaxy S24 series with a new 6x optical telephoto camera.

The optical ceramics industry is classified based on material, application, end-user, and region.

The market share from the spinel material segment will witness 14.4% CAGR through 2032, as they offer high transparency across a broad spectrum of wavelengths, low optical absorption, and excellent mechanical properties, making them ideal for various optical applications. Spinel ceramics are used in optical windows, lenses, and domes across aerospace, defense, and automotive industries, where durability, scratch resistance, and thermal stability are essential. Additionally, the growing demand for lightweight and high-performance materials in optical systems, coupled with advancements in spinel ceramic manufacturing techniques will drive the segment growth.

With respect to end-user, the optical ceramics market from the energy segment is slated to generate 11.1% gains during 2024-2032, due to the increasing demand for high-performance optical components in energy-related applications. Optical ceramics offer superior properties, such as high transparency, and resistance to harsh environments, making them ideal for use in lasers, optical fibers, and photovoltaic systems. In the renewable energy sector, they are utilized in solar concentrators, photovoltaic cells, and optical coatings to enhance energy conversion efficiency and durability. Additionally, in the oil & gas industry, they are employed in sensors, lenses, and windows for monitoring and control systems for enabling precise measurements and reliable operations in challenging environments.

Europe optical ceramics industry will record a 12.3% growth rate through 2032, favored by stringent regulations and initiatives aimed at promoting renewable energy and reducing carbon emissions. The strong emphasis on R&D activities is driving investments in advanced manufacturing technologies for fostering innovations. Moreover, the leadership in aerospace, defense, and automotive industries is creating opportunities for optical ceramics in high-performance optical systems and components, stimulating the regional market growth.

Table of Contents

171 Pages
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis, 2021-2032
2.2 Business trends
2.2.1.1 Total Addressable Market (TAM), 2024 - 2032
2.2.1.2 TAM trends
2.3 Regional trends
2.4 Component trends
2.5 Product trends
2.6 Deployment model trends
2.7 Technology trends
2.8 Application trends
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Raw material suppliers
3.1.2 Component suppliers
3.1.3 Manufacturers
3.1.4 Technology/service providers
3.1.5 Distribution channel
3.1.6 End users
3.2 Supplier landscape
3.2.1 Supplier landscape
3.3 Technology and innovation landscape
3.3.2 Biometric authentication
3.3.3 GPS and location services
3.3.4 Mobile OS integration (iOS/Android)
3.3.5 POS software solutions
3.4 Key news and initiatives
3.5 Patent analysis
3.6 Regulatory landscape
3.6.1 North America
3.6.1.1 Payment Card Industry Data Security Standard (PCI DSS)
3.6.1.2 Federal Trade Commission (FTC) Regulations
3.6.1.3 Personal Information Protection and Electronic Documents Act (PIPEDA)
3.6.2 Europe
3.6.2.1 General Data Protection Regulation (GDPR)
3.6.2.2 Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz, ZAG)
3.6.2.3 The Monetary and Financial Code (Code Monétaire et Financier)
3.6.2.4 Payment Services Directive 2 (PSD2)
3.6.2.5 Anti-Money Laundering (AML) and Know Your Customer (KYC) Regulation
3.6.3 Asia Pacific
3.6.3.1 Cybersecurity Law of the People's Republic of China (2017)
3.6.3.2 The Payment and Settlement Systems Act (2007)
3.6.3.3 The Payment Services Act (PSA)
3.6.3.4 The Electronic Financial Transactions Act (EFTA)
3.6.3.5 Australian Payments System Regulations
3.6.3.6 Payment System Regulations by Bank Indonesia (BI)
3.6.4 Latin America
3.6.4.1 Payments Law (Law No. 12,865/2013)
3.6.4.2 Consumer Protection Law (Ley Federal de Protección al Consumidor - LFPC)
3.6.4.3 Central Bank of Argentina (Banco Central de la República Argentina - BCRA) Regulations
3.6.5 MEA
3.6.5.1 Stored Value and Electronic Payment System Regulation (2017)
3.6.5.2 National Payment System Act (NPS Act), 1998
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.2 High smartphone penetration and improved internet connectivity
3.7.3 The growth of e-commerce and the need for seamless omnichannel retail experiences
3.7.4 Expansion of digital wallets and fintech services
3.7.5 . Government initiatives and regulations for adoption of digital payments
3.7.6 Industry pitfalls and challenges
3.7.6.1 Security vulnerabilities
3.7.6.2 Technical issues and reliability
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis, 2023
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 mPOS Terminal Market, By Component
5.1 Key trends
5.2 Hardware
5.3 Software
5.4 Services
Chapter 6 mPOS Terminal Market, By Product
6.1 Key trends
6.2 Handheld terminal
6.3 Tablet
Chapter 7 mPOS Terminal Market, By Deployment Model
7.1 Key trends
7.2 On-premises
7.3 Cloud
Chapter 8 mPOS Terminal Market, By Technology
8.1 Key trends
8.2 Biometric
8.3 Traditional
Chapter 9 mPOS Terminal Market, By Application
9.1 Key trends
9.2 Entertainment
9.3 Healthcare
9.4 Hospitality
9.5 Restaurant
9.6 Retail
9.7 Warehouse
9.8 Others
Chapter 10 mPOS Terminal Market, By Regional
10.1 Key trends, by region
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 Latin America
10.6 Middle East & Africa
Chapter 11 Company Profile
11.1 AURES GROUP
11.1.1 Global overview
11.1.2 Market/business overview
11.1.3 Financial data
11.1.3.1 Sales revenue, 2021-2023
11.1.4 Product Landscape
11.1.5 Strategic Outlook
11.1.6 SWOT Analysis
11.2 BBPOS Ltd.
11.2.1 Global overview
11.2.2 Market/business overview
11.2.3 Financial data
11.2.4 Product landscape
11.2.5 Strategic Outlook
11.2.6 SWOT Analysis
11.3 Bitel Co., Ltd.
11.3.1 Global overview
11.3.2 Market/business overview
11.3.3 Financial data
11.3.4 Product landscape
11.3.5 Strategic Outlook
11.3.6 SWOT analysis
11.4 Diebold Nixdorf
11.4.1 Global overview
11.4.2 Market/business overview
11.4.3 Financial data
1.4.3.1 Sales and Revenue 2021-2023
11.4.4 Product landscape
11.4.5 Strategic Outlook
11.4.6 SWOT analysis
11.5 First Data Corporation
11.5.1 Global overview
11.5.2 Market/business overview
11.5.3 Financial data
11.5.3.1 Sales and Revenue 2021-2023
11.5.4 Product landscape
11.5.5 Strategic outlook
11.5.6 SWOT analysis
11.6 Ingenico Group
11.6.1 Global overview
11.6.2 Market/Business Overview
11.6.3 Financial data
11.6.3.1 Sales and Revenue 2021-2023
11.6.4 Product landscape
11.6.5 Strategic Outlook
11.6.6 SWOT analysis
11.7 Micros Systems, Inc.
11.7.1 Global overview
11.7.2 Market/business overview
11.7.3 Financial data
11.7.3.1 Sales and Revenue 2021-2023
11.7.4 Product landscape
11.7.5 Strategic Outlook
11.7.6 SWOT analysis
11.8 NCR Corporation
11.8.1 Global overview
11.8.2 Market/business overview
11.8.3 Financial data
11.8.3.1 Sales and Revenue 2021-2023
11.8.4 Product landscape
11.8.5 Strategic Outlook
11.8.6 SWOT analysis
11.9 Newland Payment Technology Co., Ltd.
11.9.1 Global overview
11.9.2 Market/business overview
11.9.3 Financial data
11.9.3.1 Sales and Revenue 2021-2023
11.9.4 Product landscape
11.9.5 Strategic Outlook
11.9.6 SWOT Analysis
11.10 New POS Technology Limited
11.10.1 Global overview
11.10.2 Market/business overview
11.10.3 Financial data
11.10.4 Product landscape
11.10.5 Strategic outlook
11.10.6 SWOT analysis
11.11 Panasonic Corporation
11.11.1 Global Overview
11.11.2 Market/Business Overview
11.11.3 Financial data
11.11.3.1 Sales Revenue, 2022-2024
11.11.4 Product Landscape
11.11.5 SWOT analysis
11.12 PAR Technology Corporation
11.12.1 Global Overview
11.12.2 Market/Business Overview
11.12.3 Financial data
11.12.3.1 Sales Revenue, 2021-2024
11.12.4 Product Landscape
11.12.5 SWOT analysis
11.13 PAX Technology
11.13.1 Global overview
11.13.2 Market/business overview
11.13.3 Financial data
11.13.3.1 Sales and Revenue 2021-2023
11.13.4 Product landscape
11.13.5 Strategic Outlook
11.13.6 SWOT analysis
11.14 Posiflex Technology
11.14.1 Global overview
11.14.2 Market/business overview
11.14.3 Financial data
11.14.3.1 Sales and Revenue
11.14.4 Product landscape
11.14.5 Strategic outlook
11.14.6 SWOT analysis
11.15 Shenzhen Xinguodu Technology Co., Ltd
11.15.1 Global Overview
11.15.2 Market/Business Overview
11.15.3 Financial Data
11.15.3.1 Sales and Revenue 2021-2023
11.15.4 Product Landscape
11.15.5 Strategic Outlook
11.15.6 SWOT Analysis
11.16 Shenzhen Zhengtong (SZZT) Electronics Co. Ltd
11.16.1 Global Overview
11.16.2 Market/Business Overview
11.16.3 Financial Data
11.16.3.1 Sales and Revenue 2021-2023
11.16.4 Product Landscape
11.16.5 SWOT Analysis
11.17 Square, Inc.
11.17.1 Global overview
11.17.2 Market/business overview
11.17.3 Financial data
11.17.3.1 Sales and Revenue 2021-2023
11.17.4 Product landscape
11.17.5 Strategic outlook
11.17.6 SWOT analysis
11.18 Touch Dynamic Inc.
11.18.1 Global Overview
11.18.2 Market/Business Overview
11.18.3 Financial Data
11.18.4 Product Landscape
11.18.5 Strategic Outlook
11.18.6 SWOT analysis
11.19 Verifone Holdings, Inc.
11.19.1 Global overview
11.19.2 Market/business overview
11.19.3 Financial data
11.19.4 Product landscape
11.19.5 Strategic Outlook
11.19.6 SWOT analysis
11.20 Toshiba Corporation
11.20.1 Global Overview
11.20.2 Market/Business Overview
11.20.3 Financial Data
11.20.3.1 Sales Revenue, 2020-2023
11.20.4 Product Landscape
11.20.5 Strategic Outlook
11.20.6 SWOT Analysis

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