Global Liquid Lenses Market Size, Share and Trends Analysis, By Type (Electro Wetting-Based Liquid Lense and Liquid Crystal Lense), By Application (Code Reader, Camera, Medical Imaging, and Others), Forecast (2022-2028)

The global liquid lenses market is estimated to grow at a CAGR of 5.2% during the forecast period. Transmissive liquid lenses make use of two unfixable fluids with differing refractive indices. Owing to the varied refractive indexes, variable focus lenses with good optical quality of 10 microns can be created. The first fluid is an electrically conductive aqueous solution, and the second is a non-conducting oil. The two fluids are kept separate in a short tube with clear end covers. One of the caps and the interior of the tube are coated with hydrophobic material, allowing the aqueous solution to create a hemispherical lens shape on the other side of the tube. To adjust the shape of the lens and reduce water repellency, a direct current voltage is delivered across its coating, a technique known as electro wetting.

With the use of one or more fluids, liquid lenses are utilised to construct infinitely changeable lenses. By manipulating the surface of the fluid, an indefinitely changeable lens is generated without the movement of any pieces. There are two types of liquid lenses, such as reflecting and transmissive. Such liquid lenses differ greatly from liquid formed lenses, which are made by smearing an epoxy or a drop of plastic on a surface and then allowing it to cure into the shape of a lens. Reflective liquid lenses are changeable mirrors that replace typical glass mirrors in reflector telescopes. A liquid lens module is an electronically controllable variable focus system. Water as a conductor and oil as an insulator are used in liquid lenses. The variation in voltage causes the curvature of two liquids to alter, which changes the focal length of the mounted optical lens. The main benefits and characteristics of liquid lenses are their toughness, higher optical quality, lower power consumption, small size, and quick response times. Furthermore, by eliminating the need to open the reader and touch the lens, liquid lenses enable simple installation, maintenance, and setup. It has a wide range of applications for reading distances, which vary from part to part, and has exceptionally fast response times when compared to other autos.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Invenios, Edmund Optics, and Opticon, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Liquid Lenses Market Report by Segment

By Type

• Electro Wetting-Based Liquid Lense
• Liquid Crystal Lense

By Application

• Code Reader
• Camera
• Medical Imaging
• Others

Global Liquid Lenses Market Report by Region

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle-East and Africa