Trends and opportunities are assessed based on geographical analysis and various vertical markets. As of 2023, the market is anticipated to reach size of around USD 892.93 million by 2030 growing at the segment of 4.15% CAGR during the forecasted year.
The competitive landscape of the Diffractive Optical Elements Industry is shaped by key players such as Jenoptik, a leader in optical systems and photonics, offering precision DOEs for industrial and medical applications. Coherent Corp. specializes in laser-based DOEs for high-performance solutions across diverse industries. HOLO/OR Ltd focuses on innovative beam-shaping DOEs, targeting advanced laser systems. Light Trans GmbH provides customizable optical components with a strong emphasis on R&D. HOLOEYE Photonics AG excels in spatial light modulators and DOEs, serving imaging and projection applications. Collectively, these companies drive innovation and competition through cutting-edge technologies and tailored solutions.
Request for free PPT Sample: https://www.maximizemarketresearch.com/request-sample/269159/
The Five Largest Companies By Market Share
Specializing in DOE market, which is dominated by a few players, Large innovations by established leaders and acquisitions give rise to a market to offer more data tools. The following are the top five companies in terms of market share:
Jenoptik (Germany): A leading provider of high-precision optical components specialized in medical technologies, semiconductor equipment, automotive and industrial applications. Company revenue was about USD 1,109.06 million in 2023, an increase of 8.7% y-o-y. Jenoptik is dedicated to moving DOE technology forward, consistently investing in the development of new-generation DOEs that are more efficient and allow for miniaturization.
Coherent Corp (United States): Coherent Corp is a global leader in engineered materials and optoelectronic components, including DOEs, previously II-VI Incorporated. The company serves a wide range of markets, including defense, telecommunications, and industrial automation. We believe that we can achieve this by leveraging the strengths of Coherent in terms of organic growth through disciplined innovation and R&D investments in new product development and platforms.
HOLO/OR Ltd (Israel): Experts in advanced beam-shaping DOEs, HOLO/OR focuses on advanced laser systems. With proprietary in-house design, simulation and manufacturing tools, the company specializes in DOEs. HOLO/OR’s products and solutions are utilized in a variety of applications, including many that involve high-precision and high-powered lasers.
PixeLINK (Canada): Developer of solutions for industrial vision, PixeLINK caters to a variety of imaging applications including biometrics and industrial inspection. Its products are essential to applications that need accurate control of and light manipulation like holography, lithography and optical metrology.
LightTrans GmbH (Germany): Focused on research and development, LightTrans delivers customizable optical components to meet individual customer needs. They offer a diverse selection of digital optical elements (DOEs) for laser material processing, biomedical and imaging applications.
Recent Mergers and Acquisitions
Significant mergers and acquisitions in the DOE market have been observed, with companies strategically acquiring to aid in technological capability and market expansion:
Jenoptik Acquires TRIOPTICS GmbH 2020 With an eye on the optical metrology market, Jenoptik acquired TRIOPTICS GmbH. The acquisition complemented Jenoptik's core expertise in optical metrology and provided the opportunity to develop advanced testing capabilities within its DOE solutions.
TechInvest Holding becomes shareholder of HOLO/OR Ltd: In August 2020 we (TechInvest Holding AG, SCANLAB GmbH’s parent company) acquired a 25% stake in HOLO/OR Ltd. HOLO/OR extends SCANLAB's scan-solutions (e.g. beam shapers) with novel micro-optical components and thus opens up new application fields.
Market Overview Latest Updates
There's always something new happening in DOE market:
Lumotive RAISES #45m SERIES B: REDMOND-based chip maker Lumotive secured #45 million in Series B funding in February 2025. It is working on optical chips aimed at extending sensing to three dimensions across industries such as automotive and industrial robotics. Lumotive's LIDAR technology provides performance and cost benefits over conventional mechanical LIDAR.
Jenoptik High Power F-Theta Lens: Jenoptik presented a high-power F-Theta lens with an expanded scan field at the LASER World of PHOTONICS trade fair in Munich in June 2023. This flagship product reflects Jenoptik's innovation and continuous development of laser optics in response to emerging trends for industries like biophotonics, laser manufacturing, optoelectronics, data transmission and imaging.
New Funding and Investments
Highlights of recent funding and investment activities in the DOE market include:
Lumotive Series B Funding: In February 2025, Lumotive announced that it had closed a $45 million Series B funding round. The round was led by Gates Frontier and MetaVC Partners, with investors such as Swisscom Ventures and Edom Technology. The investment reflects the increasing interest in optical chips for 3D sensing applications.
The diffractive optical elements market is all set for continued growth with the right technological advancements, strategic collaborations, and investment influx. Forward charges that excel in development and adjustability are best situated to exploit rising openings in this active division.
Concerning Us
One of the fastest-growing market research and business consulting companies with clients all around the world is Maximize Market Research. We are a proud partner of most Fortune 500 organizations because of our revenue impact and targeted, growth-driven research efforts. Serving a range of industries, including IT & telecom, chemical, food & beverage, aerospace & military, healthcare, and others, we have a diversified portfolio.
Third Floor, Navale IT Park Phase 2,
Pune Banglore Highway, Narhe Pune, Maharashtra 411041,
India is home to MAXIMIZE MARKET RESEARCH PVT. LTD.
Sales@maximizemarketresearch.com
+91 9607365656
Top comments (0)