QYR Market Research Global Holographic Grating market research | Page 3

QYResearch
• A Holographic Grating is an optical component with a periodic structure,
which splits and diffracts light into several beams travelling in different
directions in order of wavelength. Diffractive optics helps bring high-
performance spectral analysis--using hyperspectral or Raman--into the
field for science and remote sensing, onto the production line for
advanced machine vision, and into the laboratory.
• The Holographic Grating industry was 143.73 million USD in 2016 and is
projected to reach USD 210.30 million USD by 2022, at a CAGR
(Compounded Annual Growth Rate) of 6.55% between 2016 and 2022. The
market is driven by various end-user industries, such as spectroscopic,
telecommunications and laser applications, as well as for research and
education. As the downstream consumption usually follows with developed
and rapid economic growth areas, such as BRICS, the developed areas’
company prefers investing to underdevelopment regions these years.