Market Overview:
The global automotive optics 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 passenger cars and commercial vehicles, and rising awareness about safety features in vehicles. The global automotive optics lens market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into front view lens, rear or surround view lens, interior vision lens, and others. The front view lenses are further sub-segmented into headlamp lenses and fog lamp lenses. The rear or surround view lenses are further sub-segmented into back-up camera systems (BUCs) and parking sensors/assist systems (PASs). On the basis of application, the market is segmented into passenger car and commercial vehicle segments. Passenger car dominates this market with a share of more than 85%.
Product Definition:
An automotive optics lens is a type of lens that is used in automobiles to provide light for the vehicle's headlights. These lenses are typically made from plastic or glass, and they are responsible for directing the light from the headlight bulbs onto the road in front of the car. Additionally, automotive optics lenses can also be used to create various shapes and designs in a car's headlights.
Front View Lens:
The front view lens is a type of automotive optics lens that is used in automobiles for the alteration and correction of distortion caused by the structure or design of vehicle's body. Front view lenses are mainly installed in cars to provide an enhanced field of vision, avoid blind spots, increase safety and help driver to understand better while driving.
Front view lenses are available in different shapes and sizes depending upon application requirements.
Rear or Surround View Lens:
Rear or surround view lens is a type of camera lens which can be mounted on the rear window of the car. It provides an outside perspective and helps in viewing obstacles near to the vehicle. These lenses are mainly used for parking, backing up, and lane changing. They also help in providing a birds-eye view while driving during navigation purposes using GPS enabled smartphones or tablets as a source of inputting data into the car’s system.
Application Insights:
On the basis of application, the global automotive optics lens market has been segmented into passenger car and commercial vehicle. The passenger car segment held a larger share in 2017 owing to increased production of premium class cars in China, Japan and Germany. Premium class cars require high quality vision lenses as they offer better clarity while driving at night or in foggy conditions.
The commercial vehicle segment is expected to witness significant growth over the forecast period due to rising demand for trucks with advanced technology features such as navigation systems with integrated camera and laser lights, which provides drivers with an enhanced experience while driving on dark or foggy nights. Other factors responsible for increasing adoption of these products include government regulations that mandate use of safety equipment such as side mirrors and rearview mirrors by drivers operating heavy vehicles on public roads across various regions globally.
Regional Analysis:
The North American region dominated the global market in 2017. The growth of the regional market can be attributed to stringent government regulations for road safety and a rise in consumer preference for vehicles with enhanced safety features. Moreover, increasing demand for luxury cars is expected to drive the product demand over the forecast period.
The Asia Pacific region accounted for a revenue share of more than 20% in 2017 owing to rising disposable income and changing lifestyle of consumers resulting into increased sales of passenger cars, especially premium ones, thus driving overall industry growth. Furthermore, growing investments by major players on developing new automotive models with advanced safety systems are likely to boost industry expansion over the coming years.
Growth Factors:
- Increasing demand for luxury and premium cars
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive optics lens market
- Growing popularity of LED headlights and taillights
- Stringent government regulations for vehicle safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Optics Lens Market Research Report
By Type
Front View Lens, Rear or Surround View Lens, Interior Vision Lens, Others
By Application
Passenger Car, Commercial Vehicle
By Companies
Sunny Optical Technology, Sekonix, Nidec Sankyo, Shinwa, Maxell, Asia Optical, Largan, GSEO, Ricoh, Sunex, Sunny Optical Technology, Ofilm, Union Optech, Naotech, AG Optics, Lante Optics
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Optics Lens Market Report Segments:
The global Automotive Optics Lens market is segmented on the basis of:
Types
Front View Lens, Rear or Surround View Lens, Interior Vision Lens, Others
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
Passenger Car, Commercial Vehicle
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:
- Sunny Optical Technology
- Sekonix
- Nidec Sankyo
- Shinwa
- Maxell
- Asia Optical
- Largan
- GSEO
- Ricoh
- Sunex
- Sunny Optical Technology
- Ofilm
- Union Optech
- Naotech
- AG Optics
- Lante Optics
Highlights of The Automotive Optics 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:
- Front View Lens
- Rear or Surround View Lens
- Interior Vision Lens
- Others
- By Application:
- Passenger Car
- Commercial Vehicle
- 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 Automotive Optics 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
- Market Entry Strategies
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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 automotive optics lens is a type of lens that is used in automobiles to improve the visibility of objects in front of the vehicle. Automotive optics lenses are often made from high-quality glass and are designed to provide clear vision while driving.
Some of the major companies in the automotive optics lens market are Sunny Optical Technology, Sekonix, Nidec Sankyo, Shinwa, Maxell, Asia Optical, Largan, GSEO, Ricoh, Sunex, Sunny Optical Technology, Ofilm, Union Optech, Naotech, AG Optics, Lante Optics.
The automotive optics lens market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Optics Lens Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Optics Lens Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Optics Lens Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Optics Lens Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Optics Lens Market Size & Forecast, 2018-2028
4.5.1 Automotive Optics Lens Market Size and Y-o-Y Growth
4.5.2 Automotive Optics Lens Market Absolute $ Opportunity
Chapter 5 Global Automotive Optics Lens Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Optics Lens Market Size Forecast by Type
5.2.1 Front View Lens
5.2.2 Rear or Surround View Lens
5.2.3 Interior Vision Lens
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Optics Lens Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Optics Lens Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Optics Lens Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Optics Lens Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Optics Lens Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Optics Lens Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Optics Lens Market Size Forecast by Type
9.6.1 Front View Lens
9.6.2 Rear or Surround View Lens
9.6.3 Interior Vision Lens
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Optics Lens Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Optics Lens Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Optics Lens Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Optics Lens Market Size Forecast by Type
10.6.1 Front View Lens
10.6.2 Rear or Surround View Lens
10.6.3 Interior Vision Lens
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Optics Lens Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Optics Lens Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Optics Lens Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Optics Lens Market Size Forecast by Type
11.6.1 Front View Lens
11.6.2 Rear or Surround View Lens
11.6.3 Interior Vision Lens
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Optics Lens Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Optics Lens Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Optics Lens Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Optics Lens Market Size Forecast by Type
12.6.1 Front View Lens
12.6.2 Rear or Surround View Lens
12.6.3 Interior Vision Lens
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Optics Lens Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Optics Lens Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Optics Lens Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Optics Lens Market Size Forecast by Type
13.6.1 Front View Lens
13.6.2 Rear or Surround View Lens
13.6.3 Interior Vision Lens
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Optics Lens Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Optics Lens Market: Competitive Dashboard
14.2 Global Automotive Optics Lens Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sunny Optical Technology
14.3.2 Sekonix
14.3.3 Nidec Sankyo
14.3.4 Shinwa
14.3.5 Maxell
14.3.6 Asia Optical
14.3.7 Largan
14.3.8 GSEO
14.3.9 Ricoh
14.3.10 Sunex
14.3.11 Sunny Optical Technology
14.3.12 Ofilm
14.3.13 Union Optech
14.3.14 Naotech
14.3.15 AG Optics
14.3.16 Lante Optics
