Market Overview:
The global optical resin 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 smartphones and other consumer electronics products, and the rising adoption of advanced optics technologies in automotive and medical applications. Based on type, the global optical resin lens market is segmented into acryl lenses, PU lenses, PC lenses, and others. The acryl lens segment is expected to account for the largest share of the global optical resin lens market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. Acrylic lenses are made up of PMMA (polymethyl methacrylate), which offers high transparency and resistance against scratches as compared with other materials used for manufacturing optical resin lenses such as polycarbonate (PC) or polyurethane (PU). They are also lightweight and have low thermal expansion coefficients that make them suitable for use in portable electronic devices such as smartphones and tablets.
Product Definition:
An optical resin lens is a type of lens that is made from a resin material. This type of lens is often used in eyeglasses and sunglasses to help correct vision problems.
Acryl Lense:
Acryl lense is a type of optical resin that is used in the production of ophthalmic lenses. It helps to correct refractive errors and also increases visual acuity. The product has high demand as an intraocular lens (IOL) owing to its ability to reduce spherical aberration, provide higher resolution, and have a shorter turn-around time for manufacturing than other materials such as polycarbonate or fluorite IOLs.
PU Lense:
Polyurethane (PU) lense is a type of plastic used in the manufacturing of optical resin lense. It has high impact strength and flexural modulus, which makes it suitable for use in making lenses. PU lens are lightweight as compared to glass lenses; hence they are preferred by optometrists for vision correction procedures including refractive error treatment.
The global PU lens market size was valued at USD 557 million in 2016.
Application Insights:
The global demand for optical resins lense has witnessed a paradigm shift due to the growing popularity of smart devices. The application segment includes mobile phones, cameras, instruments, automotive and other applications. In 2017, the mobile phones application segment accounted for more than 50% of the overall market revenue share. Optical resin lenses are used in camera modules and smartphones as they provide high-quality images with enhanced resolution and contrast ratio resulting in improved picture quality.
Instruments application is expected to be one of the fastest-growing segments over the forecast period owing to increasing demand from industries such as medical equipment manufacturing which require precision optics products at low costs coupled with high performance characteristics required by these industries.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for high-quality products from several key application sectors including medical devices, cameras, instruments and others. In addition, growing adoption of digital technologies in smartphones and tablets are further anticipated to drive regional growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rapid industrialization along with rising disposable income levels among consumers in countries such as China and India. Rising investments by major optical component manufacturers such as JVCKENWOOD Corporation; Sony Corporation; Samsung Electronics Co., Ltd.; LG Electronics Inc.; Panasonic Corporation; Fujifilm Holdings Corp.; SANYO Electric Co., Ltd.; Nikon Corporation; Carl Zeiss AG (Germany); Schneider Kreuznach GmbH & Co., focusing on research & development activities are also contributing toward industry expansion across this region.
Growth Factors:
- Increasing demand for optical resin lenses in the medical industry for use in ophthalmology and optometry procedures.
- Growing popularity of contact lenses as a vision correction option, particularly among young people.
- Proliferation of digital devices such as smartphones, tablets, and laptops that require high-quality optics components.
- Advances in lens manufacturing technology that have led to the development of new types of resin lenses with improved performance characteristics.
- Rising consumer awareness about the benefits of using optical resin lenses over traditional glass or plastic lenses
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Resin Lense Market Research Report
By Type
Acryl Lense, PU Lense, PC Lense, Others
By Application
Mobile Phones, Cameras, Instruments, Automotive, Others
By Companies
Schott, Largan Precision, Kinko, Tamron, Hoya, Phenix Optical, Thorlabs, Ross Optical, Canon, Asia Optical, Schott, Esco Optics, Edmund Optics, Nikon, Lensel Optics, Yudi Optics, Knight Optical, ML Optic
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Optical Resin Lense Market Report Segments:
The global Optical Resin Lense market is segmented on the basis of:
Types
Acryl Lense, PU Lense, PC Lense, 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
Mobile Phones, Cameras, Instruments, Automotive, 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:
- Schott
- Largan Precision
- Kinko
- Tamron
- Hoya
- Phenix Optical
- Thorlabs
- Ross Optical
- Canon
- Asia Optical
- Schott
- Esco Optics
- Edmund Optics
- Nikon
- Lensel Optics
- Yudi Optics
- Knight Optical
- ML Optic
Highlights of The Optical Resin Lense 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:
- Acryl Lense
- PU Lense
- PC Lense
- Others
- By Application:
- Mobile Phones
- Cameras
- Instruments
- Automotive
- 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 Optical Resin Lense 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
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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 optical resin lens is a type of eyeglasses that uses a plastic or glass lens to correct your vision. Optical resin lenses are made from a polymer material that is molded into the shape of your eye. This type of eyeglasses has several advantages over other types of glasses, including: nn-They are lightweight and comfortable to wear. n-They offer good clarity and color reproduction. n-They can be worn for long periods without discomfort or irritation.
Some of the major players in the optical resin lense market are Schott, Largan Precision, Kinko, Tamron, Hoya, Phenix Optical, Thorlabs, Ross Optical, Canon, Asia Optical, Schott, Esco Optics, Edmund Optics, Nikon, Lensel Optics, Yudi Optics, Knight Optical, ML Optic.
The optical resin lense 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 Optical Resin Lense 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 Optical Resin Lense Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Resin Lense 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 Optical Resin Lense 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 Optical Resin Lense Market Size & Forecast, 2018-2028
4.5.1 Optical Resin Lense Market Size and Y-o-Y Growth
4.5.2 Optical Resin Lense Market Absolute $ Opportunity
Chapter 5 Global Optical Resin Lense 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 Optical Resin Lense Market Size Forecast by Type
5.2.1 Acryl Lense
5.2.2 PU Lense
5.2.3 PC Lense
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Resin Lense 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 Optical Resin Lense Market Size Forecast by Applications
6.2.1 Mobile Phones
6.2.2 Cameras
6.2.3 Instruments
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Resin Lense 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 Optical Resin Lense 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 Optical Resin Lense Analysis and Forecast
9.1 Introduction
9.2 North America Optical Resin Lense 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 Optical Resin Lense Market Size Forecast by Type
9.6.1 Acryl Lense
9.6.2 PU Lense
9.6.3 PC Lense
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 Optical Resin Lense Market Size Forecast by Applications
9.10.1 Mobile Phones
9.10.2 Cameras
9.10.3 Instruments
9.10.4 Automotive
9.10.5 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 Optical Resin Lense Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Resin Lense 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 Optical Resin Lense Market Size Forecast by Type
10.6.1 Acryl Lense
10.6.2 PU Lense
10.6.3 PC Lense
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 Optical Resin Lense Market Size Forecast by Applications
10.10.1 Mobile Phones
10.10.2 Cameras
10.10.3 Instruments
10.10.4 Automotive
10.10.5 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 Optical Resin Lense Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Resin Lense 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 Optical Resin Lense Market Size Forecast by Type
11.6.1 Acryl Lense
11.6.2 PU Lense
11.6.3 PC Lense
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 Optical Resin Lense Market Size Forecast by Applications
11.10.1 Mobile Phones
11.10.2 Cameras
11.10.3 Instruments
11.10.4 Automotive
11.10.5 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 Optical Resin Lense Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Resin Lense 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 Optical Resin Lense Market Size Forecast by Type
12.6.1 Acryl Lense
12.6.2 PU Lense
12.6.3 PC Lense
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 Optical Resin Lense Market Size Forecast by Applications
12.10.1 Mobile Phones
12.10.2 Cameras
12.10.3 Instruments
12.10.4 Automotive
12.10.5 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) Optical Resin Lense Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Resin Lense 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) Optical Resin Lense Market Size Forecast by Type
13.6.1 Acryl Lense
13.6.2 PU Lense
13.6.3 PC Lense
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) Optical Resin Lense Market Size Forecast by Applications
13.10.1 Mobile Phones
13.10.2 Cameras
13.10.3 Instruments
13.10.4 Automotive
13.10.5 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 Optical Resin Lense Market: Competitive Dashboard
14.2 Global Optical Resin Lense Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schott
14.3.2 Largan Precision
14.3.3 Kinko
14.3.4 Tamron
14.3.5 Hoya
14.3.6 Phenix Optical
14.3.7 Thorlabs
14.3.8 Ross Optical
14.3.9 Canon
14.3.10 Asia Optical
14.3.11 Schott
14.3.12 Esco Optics
14.3.13 Edmund Optics
14.3.14 Nikon
14.3.15 Lensel Optics
14.3.16 Yudi Optics
14.3.17 Knight Optical
14.3.18 ML Optic
