In 2023, the collimating lens market is expected to be worth US$ 374 million. The market is expected to reach US$ 609 million by 2033, advancing at a CAGR of 5% during the projected period. The drivers for this growth include: Increasing adoption of collimating lenses in the automobile industry for advanced driver-assistance systems (ADAS) Growing demand …
Tag Archives: Global Collimating Lens Industry
Collimating Lens Market Projections: A Surge to US$ 609 Million by 2033 Driven by Technological Advancements
In 2023, the collimating lens market is expected to be worth US$ 374 million. The market is expected to reach US$ 609 million by 2033, advancing at a CAGR of 5% during the projected period. The drivers for this growth include: Increasing adoption of collimating lenses in the automobile industry for advanced driver-assistance systems (ADAS) …