Market Overview:
The global lensmeter 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 factors such as the increasing prevalence of eye disorders, rising demand for eyeglasses and contact lenses, and technological advancements in lensmeters. Based on type, the global lensmeter market is segmented into manual lensmeter and automatic lensmeter. The automatic lensmeter segment is expected to grow at a higher CAGR than the manual lensmeter segment during the forecast period from 2018 to 2030. This can be attributed to its advantages such as accuracy, speed, and convenience over manual lensesmeters. Based on application, the global Lensometer Market is divided into four segments: hospital, eyeglass manufacturers, retail opticians, and others (including research institutes/laboratories). The hospital segment accounts for majority share of revenue generated by application segments in 2017; however it is projected that eyeglass manufacturers will witness highest growth rate during forecast period owing growing demand for corrective glasses among consumers across globe .
Product Definition:
A lensmeter is a device used to measure the power of a lens. This information can be used to prescribe eyeglasses or contact lenses. The importance of the lensmeter is that it allows for precise measurements that can help ensure the best possible vision correction for the patient.
Manual Lensmeter:
Manual lensmeter is a device that measures the light intensity, which is used in various applications such as control room lighting, stage lighting and photographic exposure. It’s an optical instrument that works on the basis of photodiode array. The photodiode array converts incident light into electrical signals which are then amplified and displayed on its LCD screen.
The global market for manual lensmeter was valued at USD 1,37 million in 2016.
Automatic Lensmeter:
An automatic lensmeter is a device used to measure the focal length of a lens. It comprises an optical assembly containing light sources and detectors which can be mounted on the camera body or attached to the camera itself. The optical assembly consists of two lenses, one facing towards the object and other towards the detector.
Application Insights:
The others application segment includes the use of lensmeters in the automotive industry, consumer electronics and semiconductor industry, food & beverage industry, and pharmaceuticals. The hospital segment held a major share in 2015 owing to high demand for spectacles by patients at hospitals resulting in an increased need for spectacles which can be measured by this device.
Eyeglass manufacturers are expected to emerge as one of the fastest-growing segments over the forecast period due to increasing demand from end-users. This is supported by growing preference towards personalized eyewear designs that cater to specific requirements such as vision correction or comfort levels among other features offered by these devices. Retail opticians also exhibit significant growth potential owing to high product adoption along with rising awareness regarding eye health issues among consumers globally. Other applications include using lensmeters during manufacturing processes or quality control tests on optical components such as lenses and mirrors used in various industries including automotive, aerospace & defense, medical equipment etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of players and high adoption rate for advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing demand for spectacles and contact lenses. Europe accounted for more than 25% share in 2017, which can be attributed to growing geriatric population base that requires frequent eye check-ups.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing rising disposable income, coupled with growing awareness about eye care services among people. Moreover, government initiatives are also being undertaken in this region as part of efforts towards reducing blindness rates among adults and children alike in developing economies including India & China & Indonesia & Malaysia etc.
Growth Factors:
- Increasing demand for vision care and awareness about the benefits of lensmeter usage are the key growth drivers for Lensmeter market.
- The increasing prevalence of eye disorders, such as myopia, astigmatism, and hypermetropia is also fuelling the growth of Lensmeter market.
- Growing geriatric population is another major factor that is expected to drive the demand for lensmeters in near future.
- Technological advancements in lensmeter products are also propelling the growth of this market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lensmeter Market Research Report
By Type
Manual Lensmeter, Automatic Lensmeter
By Application
Hospital, Eyeglass Manufacturers, Retail Opticians, Others
By Companies
Topcon, Nidek, Essilor, Takagi, Reichert, Rexxam, Huvitz Co, Carl Zeiss, Righton, Luneau Technology, Ningbo FLO Optical, Xinyuan High-Tech Center, Shanghai JingLian
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Lensmeter Market Report Segments:
The global Lensmeter market is segmented on the basis of:
Types
Manual Lensmeter, Automatic Lensmeter
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
Hospital, Eyeglass Manufacturers, Retail Opticians, 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:
- Topcon
- Nidek
- Essilor
- Takagi
- Reichert
- Rexxam
- Huvitz Co
- Carl Zeiss
- Righton
- Luneau Technology
- Ningbo FLO Optical
- Xinyuan High-Tech Center
- Shanghai JingLian
Highlights of The Lensmeter 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:
- Manual Lensmeter
- Automatic Lensmeter
- By Application:
- Hospital
- Eyeglass Manufacturers
- Retail Opticians
- 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 Lensmeter 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?
Lensmeter is a free, open-source software application for measuring the optical performance of lenses. It supports both manual and automatic measurement modes, and can be used to characterize the performance of lenses in terms of focal length, aperture size, distortion, vignetting and other parameters.
Some of the major players in the lensmeter market are Topcon, Nidek, Essilor, Takagi, Reichert, Rexxam, Huvitz Co, Carl Zeiss, Righton, Luneau Technology, Ningbo FLO Optical, Xinyuan High-Tech Center, Shanghai JingLian.
The lensmeter 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 Lensmeter 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 Lensmeter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lensmeter 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 Lensmeter 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 Lensmeter Market Size & Forecast, 2020-2028
4.5.1 Lensmeter Market Size and Y-o-Y Growth
4.5.2 Lensmeter 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 Manual Lensmeter
5.2.2 Automatic Lensmeter
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 Hospital
6.2.2 Eyeglass Manufacturers
6.2.3 Retail Opticians
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lensmeter 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 Lensmeter 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 Manual Lensmeter
9.6.2 Automatic Lensmeter
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 Hospital
9.10.2 Eyeglass Manufacturers
9.10.3 Retail Opticians
9.10.4 Others
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 Manual Lensmeter
10.6.2 Automatic Lensmeter
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 Hospital
10.10.2 Eyeglass Manufacturers
10.10.3 Retail Opticians
10.10.4 Others
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 Manual Lensmeter
11.6.2 Automatic Lensmeter
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 Hospital
11.10.2 Eyeglass Manufacturers
11.10.3 Retail Opticians
11.10.4 Others
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 Manual Lensmeter
12.6.2 Automatic Lensmeter
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 Hospital
12.10.2 Eyeglass Manufacturers
12.10.3 Retail Opticians
12.10.4 Others
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 Manual Lensmeter
13.6.2 Automatic Lensmeter
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 Hospital
13.10.2 Eyeglass Manufacturers
13.10.3 Retail Opticians
13.10.4 Others
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 Lensmeter Market: Competitive Dashboard
14.2 Global Lensmeter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Topcon
14.3.2 Nidek
14.3.3 Essilor
14.3.4 Takagi
14.3.5 Reichert
14.3.6 Rexxam
14.3.7 Huvitz Co
14.3.8 Carl Zeiss
14.3.9 Righton
14.3.10 Luneau Technology
14.3.11 Ningbo FLO Optical
14.3.12 Xinyuan High-Tech Center
14.3.13 Shanghai JingLian
