Lens Market - Global Market
The online segment is projected to grow at the highest CAGR in the Lens market from 2024to 2030.
The e-commerce sector has been significantly boosted in recent years by the wave of digitization, and over the projection period, significant expansion is anticipated. The introduction of technological innovation has resulted in an entirely different retail experience for both customers and providers. The ability of these lenses to create high resolution image with monofocal or variable-magnification macro lenses with sensors makes them suitable for security as well as photography. The entire demand has been greatly increased by users' growing passion for online shopping, unmatched Internet services, and the need for video surveillance penetration rate in the global lens market.
Automotive Segment to Account for High Market Size By 2030
The growing passenger safety concerns are attributable to the lens market's growth. Additionally, surveillance cameras and rear-view cameras offer a greater level of performance that upholds quality requirements and is economical. It is anticipated that worldwide vehicle adoption will increase lens market growth for driver assistance, emergency braking, and autonomous parking. It is projected that further advancements in camera technology would accelerate market expansion. The clear visibility provided by optic lenses working with cameras to ensure pedestrian and driver safety is anticipated to drive market expansion during the anticipated time frame.
Asia Pacific region is expected to hold the large share in the market during the forecast period.
Asia Pacific is the hub of manufacturing, has highest vehicle PARC, and rising adoption for consumer electronics as well. This, in turn, is anticipated to create high demand for lens thereby fueling the market growth in the region. Additionally, increasing interest towards photography has fueled the demand for professional cameras such as DSLRs, in turn, driving the demand for lenses in the global market. Moreover, Asia Pacific is also home for some of largest multinational corporations in this domain, such as Canon Inc. (Japan), CBC Co.,Ltd. (Japan), and Fujifilm (Japan). China and Japan are the major contributor to the growth of the lens market in around the world and these nations are expected to dominate the market in the coming years.
Key players in the market
The key players operating in the Lens market are Canon Inc. (Japan), CBC Co.,Ltd. (Japan), Fujifilm (Japan), Kowa Company Limited (US), Leica Camera AG (Germany), Nikon (Japan), Olympus Corporation (Japan), Panasonic (Japan), Samyang (South Korea), and Sony (Japan) among others.
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TABLE OF CONTENTS
1 Introduction
1.1. Study Objective
1.2. Definition
1.3. Study Scope
1.4. Stakeholders
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Driver
5.2.2. Restraints
5.2.3. Opportunities
5.2.4. Challenges
5.3. Trends
5.3.1. Technology Trend
5.3.2. Market Trend
5.3.3. Industry Trend
5.4. Value Chain Analysis
5.5. Ecosystem
5.6. Trends/Disruptions Impacting Customer’ Business
5.7. Porter’s Five Forces Analysis
5.8. Pricing Analysis
5.9. ASP of Key Players, by Application
5.10. Case Study Analysis
5.11. Trade Analysis
5.12. Patent Analysis
5.13. Key Conferences & events in 2022-23
5.14. Market Standards & Regulations
5.15. Key Stakeholders & Buying Criteria
5.16. Regulatory Bodies, Government Agencies & Other Organizations
6 Global Lens Market, By Type
6.1. Introduction
6.2. Concave
6.3. Convex
7 Global Lens Market, By Wavelength
7.1. Introduction
7.2. Near Infrared
7.3. Ultraviolet
7.4. Visible-light
8 Global Lens Market, By Distribution Channel
8.1. Introduction
8.2. Online
8.3. Retail
9 Global Lens Market, By Vertical
9.1. Introduction
9.2. Automotive
9.3. Consumer Electronics
9.4. Industrial
9.5. Healthcare
9.6. Smart Infrastructure
10 Global Lens Market, By Region
10.1. Introduction
10.2. North America
10.2.1. US
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. UK
10.3.2. Germany
10.3.3. France
10.3.4. Rest of Europe
10.4. APAC
10.4.1. China
10.4.2. Japan
10.4.3. South Korea
10.4.4. Rest of the APAC
10.5. RoW
10.5.1. Middle East
10.5.2. Africa
10.5.3. South America
11 Competitive Landscape
11.1. Introduction
11.2. Key Player Strategies/Right to Win
11.3. Top 5 Company Revenue Analysis
11.4. Market Share Analysis (2021)
11.5. Company Evaluation Quadrant
11.6. SME Quadrant
11.7. Company Footprint
11.8. Startup Matrix
11.9. Competitive Benchmarking
11.10. Competitive Scenario
11.10.1. Deals - Joint Venture, Partnership, and M&A
11.10.2. Product Launch and Development
12 Company Profiles
12.1. Key Players
12.1.1. Canon
12.1.2. Computar Global
12.1.3. Fujifilm
12.1.4. Kowa
12.1.5. Leica
12.1.6. Nikon
12.1.7. Olympus
12.1.8. Panasonic
12.1.9. Samyang
12.1.10. Sony
12.1.11. Sunex
12.1.12. Tamron
12.1.13. Teledyne FLIR
12.1.14. Tokina
12.1.15. Zeiss
12.2. Other Players
12.2.1. Advanced Developers Laboratory (ADL)
12.2.2. Aico-Lens
12.2.3. Edmund Optics
12.2.4. Foctek
12.2.5. Fujian Forecam Optics
12.2.6. Largan Precision
12.2.7. Navitar
12.2.8. Ricoh
12.2.9. Samsung
12.2.10. Sunny Optical Technology
12.2.11. Theia Technologies
12.2.12. Thorlabs
12.2.13. Union Optech
12.2.14. Universe Kogaku
12.2.15. Universe Optics
13 Appendix
Growth opportunities and latent adjacency in Lens Market