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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