Market Overview:
The Global Lens Grinding and Polishing Machines Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lens grinding and polishing machines from various applications such as electronic products, precision instruments, laboratories, and others. Additionally, factors such as technological advancements in lens grinding and polishing machines are also contributing to the growth of this market. However, high initial cost associated with these machines is restraining the growth of this market to some extent.
Product Definition:
Lens grinding and polishing machines are used to smooth the surface of optical lenses. This is important because it ensures that light passes through the lens smoothly, resulting in a clear image. Without a smooth surface, light would be scattered and the image would be blurry.
Single Axis Grinding and Polishing Machine:
Single-axis grinding and polishing machine is used for surface finishing of workpieces by performingrotation around single axis. It can be used to grind and polish both ferrous & non-ferrous metals, ceramics, plastics & glass materials. The advantages of using this equipment include high operational efficiency with low energy consumption; it also offers a fast turnaround time due to its ability to process large volumes of material at once.
Multi Axis Grinding and Polishing Machine:
Multi-axis grinding and polishing machine is used for lens grinding and polishing process. It consists of high speed spindle, which can perform 360 degree rotation with high accuracy. The spindle has one or more sets of rotors mounted on it, through which the work piece travels while being grinded or polished.
Application Insights:
Electronic product segment accounted for the largest share in 2015 and is expected to continue its dominance over the forecast period. The growing demand for lenses in smartphones, wearable devices, and tablets is anticipated to boost industry growth over the coming years. Precision instrument application segment is also expected to witness significant growth owing to rising demand from medical sector.
The other application includes jewelry polishing machines which are used for grinding & polishing of precious stones such as ruby, sapphire, emerald etc. These machines are used by manufacturers of luxury watches who require highly precise grinding & polishing operations for manufacturing watch crystals with high clarity and low weight. Such factors are likely to propel market growth during future period leading towards 2030 ¢â‚¬Å“2030¢â‚¬ predicted by IPC-A-600 Standard (ASME).
North America lens grinding.
Regional Analysis:
The European region dominated the global market in 2017. The presence of major electronic product manufacturing countries such as Germany, U.K., France and Italy is expected to remain a favorable factor for the regional market growth over the forecast period.
Asia Pacific region accounted for a revenue share of more than 25% in 2017 owing to rapid industrialization along with growing investments by key players in this region. For instance; In January 2016; KLA-Tencor invested an amount of USD X million to expand its semiconductor business in Asia Pacific which includes China and India (source: company press release).
Growth Factors:
- Increasing demand for eyeglasses and contact lenses
- Growing awareness about the benefits of lens grinding and polishing machines
- Technological advancements in lens grinding and polishing machines
- Rising demand from emerging markets
- Growing number of opticians
Scope Of The Report
Report Attributes
Report Details
Report Title
Lens Grinding and Polishing Machines Market Research Report
By Type
Single Axis Grinding and Polishing Machine, Multi Axis Grinding and Polishing Machine
By Application
Electronic Product, Precision Instrument, Laboratory, Other
By Companies
Rochester Precision Optics, FULAN OPTICS MACHINE, OptiPro Systems, United Lens Company, Satisloh, Insaco, Fulan Optics Machine, OptoTech, Olympus Corporation, SCHNEIDER GmbH＆Co.KG, Rochester Precision Optics, MABUCHI S＆T, Sydor
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Lens Grinding and Polishing Machines Market Report Segments:
The global Lens Grinding and Polishing Machines market is segmented on the basis of:
Types
Single Axis Grinding and Polishing Machine, Multi Axis Grinding and Polishing Machine
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
Electronic Product, Precision Instrument, Laboratory, 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:
- Rochester Precision Optics
- FULAN OPTICS MACHINE
- OptiPro Systems
- United Lens Company
- Satisloh
- Insaco
- Fulan Optics Machine
- OptoTech
- Olympus Corporation
- SCHNEIDER GmbH＆Co.KG
- Rochester Precision Optics
- MABUCHI S＆T
- Sydor
Highlights of The Lens Grinding and Polishing Machines 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:
- Single Axis Grinding and Polishing Machine
- Multi Axis Grinding and Polishing Machine
- By Application:
- Electronic Product
- Precision Instrument
- Laboratory
- 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 Lens Grinding and Polishing Machines 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
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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?
Lens grinding and polishing machines are used to remove scratches, burrs, and other imperfections from lenses. They use a variety of abrasive materials to grind or polish the surface of the lens until it is smooth.
Some of the major players in the lens grinding and polishing machines market are Rochester Precision Optics, FULAN OPTICS MACHINE, OptiPro Systems, United Lens Company, Satisloh, Insaco, Fulan Optics Machine, OptoTech, Olympus Corporation, SCHNEIDER GmbH＆Co.KG, Rochester Precision Optics, MABUCHI S＆T, Sydor.
The lens grinding and polishing machines market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines Market Size & Forecast, 2018-2028
4.5.1 Lens Grinding and Polishing Machines Market Size and Y-o-Y Growth
4.5.2 Lens Grinding and Polishing Machines Market Absolute $ Opportunity
Chapter 5 Global Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines Market Size Forecast by Type
5.2.1 Single Axis Grinding and Polishing Machine
5.2.2 Multi Axis Grinding and Polishing Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines Market Size Forecast by Applications
6.2.1 Electronic Product
6.2.2 Precision Instrument
6.2.3 Laboratory
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines Analysis and Forecast
9.1 Introduction
9.2 North America Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines Market Size Forecast by Type
9.6.1 Single Axis Grinding and Polishing Machine
9.6.2 Multi Axis Grinding and Polishing Machine
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 Lens Grinding and Polishing Machines Market Size Forecast by Applications
9.10.1 Electronic Product
9.10.2 Precision Instrument
9.10.3 Laboratory
9.10.4 Other
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 Lens Grinding and Polishing Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines Market Size Forecast by Type
10.6.1 Single Axis Grinding and Polishing Machine
10.6.2 Multi Axis Grinding and Polishing Machine
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 Lens Grinding and Polishing Machines Market Size Forecast by Applications
10.10.1 Electronic Product
10.10.2 Precision Instrument
10.10.3 Laboratory
10.10.4 Other
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 Lens Grinding and Polishing Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines Market Size Forecast by Type
11.6.1 Single Axis Grinding and Polishing Machine
11.6.2 Multi Axis Grinding and Polishing Machine
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 Lens Grinding and Polishing Machines Market Size Forecast by Applications
11.10.1 Electronic Product
11.10.2 Precision Instrument
11.10.3 Laboratory
11.10.4 Other
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 Lens Grinding and Polishing Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Lens Grinding and Polishing Machines 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 Lens Grinding and Polishing Machines Market Size Forecast by Type
12.6.1 Single Axis Grinding and Polishing Machine
12.6.2 Multi Axis Grinding and Polishing Machine
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 Lens Grinding and Polishing Machines Market Size Forecast by Applications
12.10.1 Electronic Product
12.10.2 Precision Instrument
12.10.3 Laboratory
12.10.4 Other
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) Lens Grinding and Polishing Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lens Grinding and Polishing Machines 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) Lens Grinding and Polishing Machines Market Size Forecast by Type
13.6.1 Single Axis Grinding and Polishing Machine
13.6.2 Multi Axis Grinding and Polishing Machine
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) Lens Grinding and Polishing Machines Market Size Forecast by Applications
13.10.1 Electronic Product
13.10.2 Precision Instrument
13.10.3 Laboratory
13.10.4 Other
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 Lens Grinding and Polishing Machines Market: Competitive Dashboard
14.2 Global Lens Grinding and Polishing Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rochester Precision Optics
14.3.2 FULAN OPTICS MACHINE
14.3.3 OptiPro Systems
14.3.4 United Lens Company
14.3.5 Satisloh
14.3.6 Insaco
14.3.7 Fulan Optics Machine
14.3.8 OptoTech
14.3.9 Olympus Corporation
14.3.10 SCHNEIDER GmbH＆Co.KG
14.3.11 Rochester Precision Optics
14.3.12 MABUCHI S＆T
14.3.13 Sydor
