Market Overview:
The global aspheric lens market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aspheric lenses in cameras, optical instruments, ophthalmic applications, and mobile phones. Additionally, the growing demand for aspheric lenses from emerging economies is also contributing to the growth of this market. However, factors such as high manufacturing costs and limited product differentiation are restraining the growth of this market. On the basis of type, glass-based aspheric lenses are expected to account for a major share of this market during the forecast period. This can be attributed to their superior optical properties compared with plastic-based aspheric lenses. On the basis of application, cameras are expected to account for a major share of this market duringthe forecast period owingto their increasing use in consumer electronics products such as smartphones and tablets.
Product Definition:
An aspheric lens is a lens whose surface profile is not a simple curve. The profile of an aspheric lens can be described by a mathematical equation.
Glass:
Glass is a transparent, brittle and non-resilient material. It can be used as a raw material for the manufacturing of lenses through the process of molding or by casting. The most commonly used types are borosilicate, crown and float glass.
Plastic:
Plastic is a widely used material in the manufacturing of aspheric lenses. It is available in various forms such as polycarbonate, nylon, polystyrene and high impact polystyrene among others. The most commonly used plastic for making an optical lens is high-density Polyethylene (HDPE).
Application Insights:
The optical instruments segment dominated the global aspheric lens market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for high-quality lenses for use in telescopes, microscopes, binoculars and other optical devices is projected to drive product demand over the next seven years. Aspheric lenses are used in cameras owing to their ability to correct vision problems caused due by myopia (near-sightedness), hyperopia (farsightedness) or astigmatism.
Cameras held a significant share of 21% in terms of revenue on account of increasing demand for compact camera with high picture quality from consumers around the world. Moreover, rising consumer preference towards smartphones with large displays is likely to fuel product demand during this period.
Regional Analysis:
North America dominated the global aspheric lens market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for high-quality imaging devices, such as cameras and smartphones, along with a growing number of vendors focusing on regional expansion strategies.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to an increase in disposable income and improved standard of living resulting from rapid economic development coupled with government initiatives promoting basic amenities such as healthcare & primary education facilities & infrastructure development at affordable costs for common people.
Europe also held a significant share in terms of revenue.
Growth Factors:
- Increasing demand for aspheric lenses in the consumer electronics industry
- Growing demand for aspheric lenses in the medical field
- Increasing use of aspheric lenses in automobiles
- Rising demand for aspheric lenses from the defense sector
- Technological advancements that are resulting in better and more sophisticated aspheric lens products
Scope Of The Report
Report Attributes
Report Details
Report Title
Aspheric Lens Market Research Report
By Type
Glass, Plastic, Other
By Application
Cameras, Optical Instruments, Ophthalmic, Mobile phone, Other
By Companies
Nikon, Canon, Panasonic, HOYA, Asahi Glass (AGC), Schott, ZEISS, Tokai Optical, SEIKO, Calin Technology, Kinko Optical, LARGAN Precision, GeniuS Electronic Optical (GSEO), Asia optical, Sunny Optical Technology, Mingyue, Lante
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Aspheric Lens Market Report Segments:
The global Aspheric Lens market is segmented on the basis of:
Types
Glass, Plastic, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cameras, Optical Instruments, Ophthalmic, Mobile phone, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nikon
- Canon
- Panasonic
- HOYA
- Asahi Glass (AGC)
- Schott
- ZEISS
- Tokai Optical
- SEIKO
- Calin Technology
- Kinko Optical
- LARGAN Precision
- GeniuS Electronic Optical (GSEO)
- Asia optical
- Sunny Optical Technology
- Mingyue
- Lante
Highlights of The Aspheric Lens Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass
- Plastic
- Other
- By Application:
- Cameras
- Optical Instruments
- Ophthalmic
- Mobile phone
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aspheric Lens Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An aspheric lens is a type of lens that has a curvature in its surface. This curvature makes the lens more effective at correcting for aberrations, such as distortion and coma.
Some of the major companies in the aspheric lens market are Nikon, Canon, Panasonic, HOYA, Asahi Glass (AGC), Schott, ZEISS, Tokai Optical, SEIKO, Calin Technology, Kinko Optical, LARGAN Precision, GeniuS Electronic Optical (GSEO), Asia optical, Sunny Optical Technology, Mingyue, Lante.
The aspheric lens market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aspheric Lens Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aspheric Lens Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aspheric Lens Market - Supply Chain
4.5. Global Aspheric Lens Market Forecast
4.5.1. Aspheric Lens Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aspheric Lens Market Size (000 Units) and Y-o-Y Growth
4.5.3. Aspheric Lens Market Absolute $ Opportunity
5. Global Aspheric Lens Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Aspheric Lens Market Size and Volume Forecast by Type
5.3.1. Glass
5.3.2. Plastic
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Aspheric Lens Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Aspheric Lens Market Size and Volume Forecast by Application
6.3.1. Cameras
6.3.2. Optical Instruments
6.3.3. Ophthalmic
6.3.4. Mobile phone
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Aspheric Lens Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Aspheric Lens Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Aspheric Lens Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Aspheric Lens Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Aspheric Lens Demand Share Forecast, 2019-2029
9. North America Aspheric Lens Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Aspheric Lens Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Aspheric Lens Market Size and Volume Forecast by Application
9.4.1. Cameras
9.4.2. Optical Instruments
9.4.3. Ophthalmic
9.4.4. Mobile phone
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Aspheric Lens Market Size and Volume Forecast by Type
9.7.1. Glass
9.7.2. Plastic
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Aspheric Lens Demand Share Forecast, 2019-2029
10. Latin America Aspheric Lens Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Aspheric Lens Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Aspheric Lens Market Size and Volume Forecast by Application
10.4.1. Cameras
10.4.2. Optical Instruments
10.4.3. Ophthalmic
10.4.4. Mobile phone
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Aspheric Lens Market Size and Volume Forecast by Type
10.7.1. Glass
10.7.2. Plastic
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Aspheric Lens Demand Share Forecast, 2019-2029
11. Europe Aspheric Lens Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Aspheric Lens Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Aspheric Lens Market Size and Volume Forecast by Application
11.4.1. Cameras
11.4.2. Optical Instruments
11.4.3. Ophthalmic
11.4.4. Mobile phone
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Aspheric Lens Market Size and Volume Forecast by Type
11.7.1. Glass
11.7.2. Plastic
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Aspheric Lens Demand Share, 2019-2029
12. Asia Pacific Aspheric Lens Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Aspheric Lens Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Aspheric Lens Market Size and Volume Forecast by Application
12.4.1. Cameras
12.4.2. Optical Instruments
12.4.3. Ophthalmic
12.4.4. Mobile phone
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Aspheric Lens Market Size and Volume Forecast by Type
12.7.1. Glass
12.7.2. Plastic
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Aspheric Lens Demand Share, 2019-2029
13. Middle East & Africa Aspheric Lens Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Aspheric Lens Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Aspheric Lens Market Size and Volume Forecast by Application
13.4.1. Cameras
13.4.2. Optical Instruments
13.4.3. Ophthalmic
13.4.4. Mobile phone
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Aspheric Lens Market Size and Volume Forecast by Type
13.7.1. Glass
13.7.2. Plastic
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Aspheric Lens Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Aspheric Lens Market: Market Share Analysis
14.2. Aspheric Lens Distributors and Customers
14.3. Aspheric Lens Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nikon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Canon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Panasonic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HOYA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Asahi Glass (AGC)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schott
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ZEISS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tokai Optical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SEIKO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Calin Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kinko Optical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. LARGAN Precision
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. GeniuS Electronic Optical (GSEO)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Asia optical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sunny Optical Technology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mingyue
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lante
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
