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Growth Factors of Optical Lens Edgers market size (Report 2018-2026): Growing CAGR 6.7%

February 5, 2020 GMT

Sanjose, CA USA, February 5, 2020 (Wired Release) Credence Research The global market for optical lens edgers was valued at US$ 380.5 million in 2017 and is projected to reach US$ 673.2 million by 2026, increasing to CAGR by 6.7 per cent from 2018 to 2026.

The global market for optical lens edgers is expected to grow gradually over the forecast period from 2018 to 2026, mainly due to its incumbent position in the eyeglass and imaging industry. The incidence and prevalence of impaired vision is directly proportional to the use of visual media and the growing population. As the overall screen time of the general population is steadily increasing, the incidence of visual deformities will also increase accordingly, increasing the demand for corrective eyeglasses. In addition, a major portion of the impaired vision of the patient group is in the 50-year age group and above. As vision impedance is directly correlated with aging, the global increase in the geriatric population is also driving market growth.

Another key factor contributing to the growing uptake of lens edgers is the booming camera industry. The camera industry is thriving all over the world, with the growing use of visual media and image sharing becoming a prime mode of communication. This has led to an increase in the worldwide demand for camera and visualization lenses and thus to the market growth of optical lens edgers.

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[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction to the Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also included]

On the basis of the types, semi-automatic lens edgers are in high demand globally due to higher uptake from stand-alone eyeglass shops and competitive prices along with better efficiency than manual edgers. On the other hand, there is a growing demand for automatic devices in the developed parts of the world. Eyeglass segment shall be the largest area where optical lens edgers shall be widely used; whereas camera lens segment shall be witnessing rapid growth rate. In terms of regional demarcation, it is anticipated that North America and Europe will see slow growth with significant progress in device installations from Asia Pacific.

Geographic Coverage

North America Optical Lens Edgers Market Revenue and Forecast

Europe Optical Lens Edgers Market Revenue and Forecast

Asia Pacific Optical Lens Edgers Market Revenue and Forecast

Latin America Optical Lens Edgers Market Revenue and Forecast

Middle East and Africa Optical Lens Edgers Market Revenue and Forecast

List of Companies Covered:

Nidek Co. Ltd., Luneau Technology Operations SAS, Essilor International S.A., US Ophthalmic, Huvitz Co., Ltd., Shanghai YanKe Instruments Co. Ltd., Dia Optical Co., Fuji Gankyo Kikai Mfg Co. Ltd., Visslo Inc. and Coburn Technologies Inc.

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Segmentation:

By Type (2016-2026; US$ Mn)

Manual

Semi-automatic

Automatic

By Applications (2016-2026; US$ Mn)

Eyeglass Lens

Microscope Lens

Camera Lens

Others

Geography Segment (2016-2026; US$ Mn)

North America (U.S., Canada)

Europe (U.K., Germany, Italy, France, Spain, Rest of Europe)

Asia Pacific (China, Japan, India, Australia, Rest of APAC)

Latin America (Brazil, Mexico, Rest of Latin America)

Middle East and Africa (GCC, South Africa, Rest of Middle East and Africa)

Key questions answered in this report

What is the past and the future market size of the ophthalmic lens edgers industry during the period from 2016-2026?

Which are the key factors that are facilitating the global market growth?

Which are the major pain-points and key market opportunities that the market players are required to be aware of?

What are the key reasons that support the high demand for ophthalmic lens edgers in the eyeglasses segment?

Why the demand for automatic devices is rising worldwide?

What are the major factors determining the maturity and sluggish growth of North America and Europe markets?

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ToC:

Chapter 1. Preface

1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase III Expert Panel Review
1.3.4. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global OLE Market Portraiture
2.2. Global OLE Market, by Type, 2017 (US$ Mn)
2.3. Global OLE Market, by Application, 2017 (US$ Mn)
2.4. Global OLE Market, by Geography, 2017 (US$ Mn)

Chapter 3. Global Optical Lens Edgers (OLE) Market: Dynamics and Future Outlook
3.1. Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global OLE Market, by Key Players, 2017

.toc continued

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