Market Overview:
The global bi-convex lens 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 bi-convex lenses in various applications, such as residential, industrial, and commercial. In addition, the growing adoption of these lenses in smartphones and other portable devices is also contributing to the growth of this market.
Product Definition:
A bi-convex lens is a type of lens that has two convex surfaces. This type of lens is often used in optical instruments, such as telescopes and microscopes, because it can produce a sharp image.
Toggle Switches:
Toggle switches are used in bi-convex lens to control the amount of light entering into the optical system. It is also known as variable aperture diaphragm or varicocele. The primary function of toggle switch is to allow user adjust power through a semi-automatic process by varying the size of opening in an attempt to control exposure.
Rocker Switches:
Rocker switches are used in bi-convex lens to control the amount of light entering into the lens. Bi-convex lenses have two surfaces, one concave and other convex. The convex surface is located at the front of the glass and it's called as a front surface while the backside is known as a rear surface.
Application Insights:
The commercial application segment accounted for the largest share of over 60.0% in 2017 and is projected to witness significant growth during the forecast period. Increasing construction activities across emerging economies, such as China, India and Brazil are expected to boost product demand in this segment. In addition, growing infrastructural developments across countries like Australia and New Zealand are likely to propel industry expansion over the coming years.
Increasing adoption of bi-convex lenses in various industrial applications including machine tools, robotics equipment assembly lines and medical devices is anticipated to drive growth over the coming years. The residential sector is also estimated to witness promising growth owing to rising housing projects across countries like India & China where a large number of workers are employed on a single project which requires high precision machinery for lens production thus propelling market demand from 2018¢â‚¬â„¢s till 2030 ¢â‚¬ %.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising commercial construction activities, and rapid urbanization in emerging economies such as China and India. Moreover, growing demand for consumer electronics with advanced features is anticipated to drive product adoption across this region.
The North America regional market accounted for a significant share of revenue in 2017 owing to high penetration of automation across various industries such as manufacturing, oil & gas exploration & production, transportation etc., especially in U.S., which has one of the largest bases for technology-based companies including Google LLC; Apple Inc.; Facebook; Twitter Inc.; among many others.
Growth Factors:
- Increasing demand for miniaturization in consumer electronics and medical devices
- Growing trend of using augmented reality and virtual reality in various applications
- Proliferation of autonomous vehicles and the need for advanced sensors
- Rising demand from the defense sector for night vision goggles and other optical devices
- Increasing adoption of bi-convex lenses in solar energy systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Bi-convex Lens Market Research Report
By Type
Toggle Switches, Rocker Switches, Plate Switches
By Application
Residential, Industrial, Commercial
By Companies
Panasonic, Havells, Honeywell, Legrand, Wipro, ABB, GM, Kolors, Orpat, Philips, Schneider Electric, Siemens, Simon, Salzer Electronics, Delixi, CHINT, Longsheng, Opple, Gamder, Feidiao, Bull, GELAN
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Bi-convex Lens Market Report Segments:
The global Bi-convex Lens market is segmented on the basis of:
Types
Toggle Switches, Rocker Switches, Plate Switches
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
Residential, Industrial, Commercial
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:
- Panasonic
- Havells
- Honeywell
- Legrand
- Wipro
- ABB
- GM
- Kolors
- Orpat
- Philips
- Schneider Electric
- Siemens
- Simon
- Salzer Electronics
- Delixi
- CHINT
- Longsheng
- Opple
- Gamder
- Feidiao
- Bull
- GELAN
Highlights of The Bi-convex 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:
- Toggle Switches
- Rocker Switches
- Plate Switches
- By Application:
- Residential
- Industrial
- Commercial
- 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 Bi-convex 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A bi-convex lens is a type of lens that has two different focal points. This allows the lens to have a wider angle of view than a regular convex lens, but also gives it the ability to focus closer than a regular concave lens.
Some of the major players in the bi-convex lens market are Panasonic, Havells, Honeywell, Legrand, Wipro, ABB, GM, Kolors, Orpat, Philips, Schneider Electric, Siemens, Simon, Salzer Electronics, Delixi, CHINT, Longsheng, Opple, Gamder, Feidiao, Bull, GELAN.
The bi-convex lens market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bi-convex 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 Bi-convex Lens Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bi-convex 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 Bi-convex 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 Bi-convex Lens Market Size & Forecast, 2020-2028
4.5.1 Bi-convex Lens Market Size and Y-o-Y Growth
4.5.2 Bi-convex Lens Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Toggle Switches
5.2.2 Rocker Switches
5.2.3 Plate Switches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Industrial
6.2.3 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bi-convex 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 Bi-convex 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Toggle Switches
9.6.2 Rocker Switches
9.6.3 Plate Switches
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 Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Industrial
9.10.3 Commercial
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Toggle Switches
10.6.2 Rocker Switches
10.6.3 Plate Switches
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 Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Industrial
10.10.3 Commercial
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Toggle Switches
11.6.2 Rocker Switches
11.6.3 Plate Switches
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 Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Industrial
11.10.3 Commercial
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Toggle Switches
12.6.2 Rocker Switches
12.6.3 Plate Switches
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 Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Industrial
12.10.3 Commercial
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Toggle Switches
13.6.2 Rocker Switches
13.6.3 Plate Switches
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) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Industrial
13.10.3 Commercial
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 Bi-convex Lens Market: Competitive Dashboard
14.2 Global Bi-convex Lens Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Havells
14.3.3 Honeywell
14.3.4 Legrand
14.3.5 Wipro
14.3.6 ABB
14.3.7 GM
14.3.8 Kolors
14.3.9 Orpat
14.3.10 Philips
14.3.11 Schneider Electric
14.3.12 Siemens
14.3.13 Simon
14.3.14 Salzer Electronics
14.3.15 Delixi
14.3.16 CHINT
14.3.17 Longsheng
14.3.18 Opple
14.3.19 Gamder
14.3.20 Feidiao
14.3.21 Bull
14.3.22 GELAN
