Market Overview:
The global glass aspheric lenses market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cameras, automotive, and surveillance applications. In addition, the growing demand for glass aspheric lenses in the Middle East & Africa region 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, convex lenses accounted for a major share of the global glass aspheric lenses market in 2017. This segment is expected to grow at a CAGR of 5% during 2018-2030 owing to its widespread use across various applications such as cameras, automotive headlights & taillights, and medical devices among others.
Product Definition:
A lens that is not perfectly spherical, but has a more complex surface profile. This often results in improved optical performance, such as reduced aberration. Glass aspheric lenses are commonly used in high-end optical equipment, such as telescopes and microscope objectives.
Convex Lenses:
Convex lenses are used in the manufacturing of glass aspheric lenses. Aspheric lens is a type of lens that focuses light by bending it along its focal length rather than spreading it out like a concave lens does. Convex lenses are used to produce better quality and efficient optics for various applications such as microscopy, telecommunication, etc.
Convex Concave Lenses:
Convex concave lenses are used in the manufacturing of glass aspheric lenses. Aspheric lens is a type of lens that focuses light by bending it along its focal length rather than spreading it out like a planar lens does. Convex concave lenses can be manufactured to have any degree of spherical aberration and can provide correction for all types of optical deficiencies including astigmatism, distortion, and chromatic aberrations.
Application Insights:
The cameras application segment accounted for the largest share of over 40.0% in 2017. The use of glass aspheric lenses in camera sensors is expected to witness significant growth on account of their properties such as high durability, low dispersion and high refractive index. In addition, these lenses help reduce the glare caused by light entering a lens at an angle and also result in better color reproduction when used with digital cameras.
Surveillance application is projected to be the fastest-growing segment during the forecast period owing to increasing government surveillance activities across various regions coupled with growing demand for video surveillance systems due to rising crime rates globally. Aspheric lenses are increasingly being used for security purposes owing to features such as distortion-free images and infrared (IR) cut filter that helps eliminate unwanted IR emissions from LEDs or other sources which may otherwise penetrate through conventional lens materials made using traditional technologies.
Regional Analysis:
North America dominated the global glass aspheric lenses market in 2017. The growing demand for high-quality cameras, surveillance systems, and smartphones is expected to drive the regional market over the forecast period. In addition, increasing investments in R&D by major companies are likely to boost product adoption across this region.
Asia Pacific is anticipated to be one of the fastest-growing regions during the same period owing to rapid industrialization and urbanization resulting from population growth. This has resulted in an increased number of construction activities across various sectors such as transportation facilities, commercial buildings, residential buildings etc., which will further fuel product demand during forecast years.
Growth Factors:
- Increasing demand for miniaturization in consumer electronics and medical devices
- Growing popularity of augmented reality and virtual reality applications
- Proliferation of wearable technology devices
- Rising demand for high-quality optics in optical systems and instruments
- Technological advancements that enable the production of smaller, lighter, and more powerful glass aspheric lenses
Scope Of The Report
Report Attributes
Report Details
Report Title
Glass Aspheric Lenses Market Research Report
By Type
Convex Lenses, Convex Concave Lenses, Concave Lenses
By Application
Cameras, Automotive, Surveillance, Others
By Companies
Canon, Tamron, Union, YTOT, Sony, Zeiss, Fujifilm, CBC, Kinko, Lida Optical and Electronic, Newmax
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 Glass Aspheric Lenses Market Report Segments:
The global Glass Aspheric Lenses market is segmented on the basis of:
Types
Convex Lenses, Convex Concave Lenses, Concave Lenses
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, Automotive, Surveillance, Others
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:
- Canon
- Tamron
- Union
- YTOT
- Sony
- Zeiss
- Fujifilm
- CBC
- Kinko
- Lida Optical and Electronic
- Newmax
Highlights of The Glass Aspheric Lenses 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:
- Convex Lenses
- Convex Concave Lenses
- Concave Lenses
- By Application:
- Cameras
- Automotive
- Surveillance
- Others
- 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 Glass Aspheric Lenses 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- 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?
Glass aspheric lenses are made from a type of glass that has been ground and polished to create a series of curved surfaces. These lenses have a number of advantages over other types of lenses, including the ability to correct for nearsightedness and farsightedness, as well as providing increased clarity and reduced glare.
Some of the key players operating in the glass aspheric lenses market are Canon, Tamron, Union, YTOT, Sony, Zeiss, Fujifilm, CBC, Kinko, Lida Optical and Electronic, Newmax.
The glass aspheric lenses market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glass Aspheric Lenses 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. Glass Aspheric Lenses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glass Aspheric Lenses Market - Supply Chain
4.5. Global Glass Aspheric Lenses Market Forecast
4.5.1. Glass Aspheric Lenses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glass Aspheric Lenses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glass Aspheric Lenses Market Absolute $ Opportunity
5. Global Glass Aspheric Lenses 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. Glass Aspheric Lenses Market Size and Volume Forecast by Type
5.3.1. Convex Lenses
5.3.2. Convex Concave Lenses
5.3.3. Concave Lenses
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glass Aspheric Lenses 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. Glass Aspheric Lenses Market Size and Volume Forecast by Application
6.3.1. Cameras
6.3.2. Automotive
6.3.3. Surveillance
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glass Aspheric Lenses 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. Glass Aspheric Lenses 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 Glass Aspheric Lenses 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. Glass Aspheric Lenses 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 Glass Aspheric Lenses Demand Share Forecast, 2019-2026
9. North America Glass Aspheric Lenses 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 Glass Aspheric Lenses 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 Glass Aspheric Lenses Market Size and Volume Forecast by Application
9.4.1. Cameras
9.4.2. Automotive
9.4.3. Surveillance
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glass Aspheric Lenses Market Size and Volume Forecast by Type
9.7.1. Convex Lenses
9.7.2. Convex Concave Lenses
9.7.3. Concave Lenses
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 Glass Aspheric Lenses Demand Share Forecast, 2019-2026
10. Latin America Glass Aspheric Lenses 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 Glass Aspheric Lenses 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 Glass Aspheric Lenses Market Size and Volume Forecast by Application
10.4.1. Cameras
10.4.2. Automotive
10.4.3. Surveillance
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glass Aspheric Lenses Market Size and Volume Forecast by Type
10.7.1. Convex Lenses
10.7.2. Convex Concave Lenses
10.7.3. Concave Lenses
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 Glass Aspheric Lenses Demand Share Forecast, 2019-2026
11. Europe Glass Aspheric Lenses 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 Glass Aspheric Lenses 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 Glass Aspheric Lenses Market Size and Volume Forecast by Application
11.4.1. Cameras
11.4.2. Automotive
11.4.3. Surveillance
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glass Aspheric Lenses Market Size and Volume Forecast by Type
11.7.1. Convex Lenses
11.7.2. Convex Concave Lenses
11.7.3. Concave Lenses
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 Glass Aspheric Lenses Demand Share, 2019-2026
12. Asia Pacific Glass Aspheric Lenses 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 Glass Aspheric Lenses 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 Glass Aspheric Lenses Market Size and Volume Forecast by Application
12.4.1. Cameras
12.4.2. Automotive
12.4.3. Surveillance
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glass Aspheric Lenses Market Size and Volume Forecast by Type
12.7.1. Convex Lenses
12.7.2. Convex Concave Lenses
12.7.3. Concave Lenses
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 Glass Aspheric Lenses Demand Share, 2019-2026
13. Middle East & Africa Glass Aspheric Lenses 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 Glass Aspheric Lenses 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 Glass Aspheric Lenses Market Size and Volume Forecast by Application
13.4.1. Cameras
13.4.2. Automotive
13.4.3. Surveillance
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glass Aspheric Lenses Market Size and Volume Forecast by Type
13.7.1. Convex Lenses
13.7.2. Convex Concave Lenses
13.7.3. Concave Lenses
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 Glass Aspheric Lenses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glass Aspheric Lenses Market: Market Share Analysis
14.2. Glass Aspheric Lenses Distributors and Customers
14.3. Glass Aspheric Lenses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Canon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tamron
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Union
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. YTOT
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sony
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zeiss
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fujifilm
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CBC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kinko
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lida Optical and Electronic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Newmax
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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