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Optical Lens Edgers: Global Market Size & Share, Application Analysis, Growth Trends, Key Players, and Competitive Strategies (2016-2026)
DUBLIN, Aug. 9, 2019 /PRNewswire/ -- The "Global Optical Lens Edgers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018-2026" report has been added to ResearchAndMarkets.com's offering.
The global optical lens edgers market was valued at US$ 380.5 million in 2017 and is expected to reach US$ 673.2 million by 2026, expanding at a CAGR of 6.7% from 2018 to 2026.
Key Market Movements
- Growing senescent population and increasing incidence of vision-related disorders in the global population
- High demand for semi-automatic devices due to offered precision at competitive prices
- Technical maturity leading to moderate market growth in terms of innovation. This is also leading to a growing focus on offering simplicity in machines.
- Sustained demand due to booming cameras and smartphones industries
- The proliferation of local manufacturers in the Asia Pacific and Latin America to pose as a prominent challenge to the multinational players based from North America and Europe
The global optical lens edgers market is expected to undergo gradual growth during the forecast period from 2018 to 2026, mainly driven by its incumbent status in the eyeglasses and imaging industry. The incidence and prevalence of vision impairment are directly proportional to the use of visual media and the growing population. As the overall screen time of the general population is consistently increasing the incidence of visual disorders will also correspondingly grow, thereby augmenting the demand for corrective eyeglasses. Furthermore, a major portion of the vision impeded patient group belongs to the age group of 50 and above.
Since vision impedance is directly correlated to aging, the global increase in the geriatric population shall also drive market growth. Another prime factor contributing to growing uptake of lens edges is the booming camera industry. The camera industry worldwide is flourishing through the growing use of visual media, and image sharing becoming a prime mode of communication. This has led to increased demand for camera and visualization lenses worldwide and hence supporting the market growth of optical lens edges.
Based on type, semi-automatic lens edges are in high demand globally due to greater uptake from stand-alone eyeglass shops and competitive prices along with better efficiency than manual edgers. On the other hand, automatic devices shall be witnessing greater demand in the developed parts of the world. Eyeglass segment shall be the largest area where optical lens edgers shall be widely used; whereas the camera lens segment shall be witnessing rapid growth rate. In terms of regional demarcation, North America and Europe shall be reporting sluggish growth with significant progress in terms of device installations is anticipated from the Asia Pacific.
Key Topics Covered
Chapter 1. Preface
1.1. Report Description
1.2. Research Scope
1.3. Research Methodology
1.4. Market Segmentation
Chapter 2. Executive Summary
2.1. Global Optical Lens Edgers Market Portraiture
2.2. Global Optical Lens Edgers Market, by Type, 2017 (US$ Mn)
2.3. Global Optical Lens Edgers Market, by Application, 2017 (US$ Mn)
2.4. Global Optical Lens Edgers Market, by Geography, 2017 (US$ Mn)
Chapter 3. Global Optical Lens Edgers Market: Dynamics and Future Outlook
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Optical Lens Edgers Market, by Key Players, 2017
Chapter 4. Global Optical Lens Edgers Market, by Type, 2016-2026 (US$ Mn)
Chapter 5. Global Optical Lens Edgers Market, by Application, 2016-2026 (US$ Mn)
5.2. Eyeglass Lens
5.3. Microscope Lens
5.4. Camera Lens
Chapter 6. Global Optical Lens Edgers Market, by Geography, 2016-2026 (US$ Mn)
6.2. North America Optical Lens Edgers Market, 2016-2026 (US$ Mn)
6.2.1. North America Optical Lens Edgers Market, by Type, 2016-2026 (US$ Mn)
6.2.2. North America Optical Lens Edgers Market, by Application, 2016-2026 (US$ Mn)
6.2.3. North America Optical Lens Edgers Market, by Country, 2016-2026 (US$ Mn)
6.3. Europe Optical Lens Edgers Market, 2016-2026 (US$ Mn)
6.4. Asia-Pacific Optical Lens Edgers Market, 2016-2026 (US$ Mn)
6.5. Latin America Optical Lens Edgers Market, 2016-2026 (US$ Mn)
6.6. Middle East & Africa Optical Lens Edgers Market, 2016-2026 (US$ Mn)
Chapter 7. Company Profiles
7.1. Nidek Co. Ltd.
7.1.1. Company Overview
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. Luneau Technology Operations SAS
7.3. Essilor International S.A.
7.4. US Ophthalmic
7.5. Huvitz Co. Ltd.
7.6. Shanghai YanKe Instruments Co. Ltd.
7.7. Dia Optical Co.
7.8. Fuji Gankyo Kikai Mfg Co. Ltd.
7.9. Visslo Inc.
7.10. Coburn Technologies Inc.
For more information about this report visit https://www.researchandmarkets.com/r/gf7aku
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