Global Tunable Filters Market to Reach $215.2 Million by 2030
Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Tunable Filters - Global Strategic Business Report" report has been added to * ResearchAndMarkets.com's* offering.
The global market for Tunable Filters estimated at US$95.7 Million in the year 2022, is projected to reach a revised size of US$215.2 Million by 2030, growing at a CAGR of 10.7% over the analysis period 2022-2030. Mechanical Tuning, one of the segments analyzed in the report, is projected to record 10.2% CAGR and reach US$93.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electronic Tuning segment is readjusted to a revised 11.4% CAGR for the next 8-year period.
*The U.S. Market is Estimated at $25.7 Million, While China is Forecast to Grow at 17.1% CAGR*
The Tunable Filters market in the U.S. is estimated at US$25.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$60.6 Million by the year 2030 trailing a CAGR of 17.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.
*Select Competitors (Total 43 Featured) - *
· Aa Opto Electronic
· Brimrose Corporation of America
· Coleman Microwave Company
· Delta Optical Thin Film A/S
· DiCon Fiberoptics, Inc.
· Dover Corporation
· EXFO, Inc.
· Gooch & Housego PLC
· Kent Optronics, Inc.
· Micron Optics, Inc.
· Netcom, Inc.
· Santec Corporation
· Semrock, Inc.
· Smiths Interconnect
· Thorlabs, Inc.
*Key Attributes:*
*Report Attribute* *Details*
No. of Pages 224
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $95.7 Million
Forecasted Market Value (USD) by 2030 $215.2 Million
Compound Annual Growth Rate 10.7%
Regions Covered Global
For more information about this report visit https://www.researchandmarkets.com/r/7k30md
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*Attachment*
· Global Market for Tunable Filters
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