Market Overview:
The global plastic aspheric lenses 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 cameras, automotive, mobilephones, and surveillance applications. In addition, the growing demand for plastic aspheric lenses in emerging economies is also contributing to the growth of this market.
Product Definition:
A plastic aspheric lens is a type of lens that has been designed specifically to reduce the amount of distortion that is present in an image. This type of lens can be used for a variety of purposes, including the correction of vision problems and the improvement of image quality in cameras and other optical devices.
Compression Molding:
Compression molding is a type of molding that uses pressure to convert an object into a plastic or resin form. It is mainly used for making three-dimensional parts and products in the automotive, aerospace, construction, medical & electronics industries. The process can be done manually or automatically depending on the desired output and quality required.
The major advantage of compression molding over other processes such as vacuum forming.
Injection Molding:
Injection molding is a manufacturing process used to create plastic lenses. It involves the melting of plastics and other materials that are then injected into a mold cavity under high pressure. The molten plastic or other material is forced through the open end of the mold cavity to solidify and form an optically correct lens.
Application Insights:
The cameras application segment accounted for the largest share of over 30.0% in 2017 and is projected to witness significant growth during the forecast period. Aspheric lenses are used in camera applications, such as wide-angle lens, telephoto lens, and fish-eye lens due to their special design that provides superior correction for aberrations with low levels of distortion.
The automotive application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to rising demand for plastic aspheric lenses on account of its lightweight properties which reduce the overall vehicle weight thereby improving fuel efficiency and reducing pollution leading to lower operational costs which will result in increased adoption rate over the forecast period. Furthermore, these lenses are used on account of their high durability & impact resistance characteristics required by drivers & passengers while driving or riding on a vehicle respectively resulting in increased product penetration into this industry during the estimated time frame.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising disposable income, increasing population, and growing demand for consumer electronics products such as smartphones and cameras. In addition, low-cost manufacturing of electronic devices in countries like China has attracted many manufacturers from developed economies resulting in high product consumption across this region.
North America is projected to grow at a significant rate over the forecast period owing to technological advancements coupled with increased adoption of security measures such as facial recognition technology by governments for surveillance purposes. In addition, stringent regulations regarding use of plastics with adverse effects on human health & environment are also driving demand across this region which will further boost industry expansion over next eight years.
Growth Factors:
- Increasing demand for miniaturized and high-performance devices: The global plastic aspheric lenses market is expected to grow at a CAGR of over 7% from 2017 to 2025, owing to the increasing demand for miniaturized and high-performance devices.
- Rising demand for consumer electronics: The growth of the global plastic aspheric lenses market is also attributed to the rising demand for consumer electronics, such as smartphones, tablets, laptops, and digital cameras.
- Proliferation of 3D printing technology: The proliferation of 3D printing technology is another major factor driving the growth of the global plastic aspheric lenses market. With this technology, manufacturers can produce customized products with better performance characteristics according to specific requirements.
- Growing awareness about eye health: There has been a growing awareness about eye health in recent years due to which consumers are increasingly preferring corrective eyewear such as glasses and contact lenses over traditional methods such as surgery or laser treatment procedures. This is expected to boost the growth prospects of the global plastic aspheric lenses market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Aspheric Lenses Market Research Report
By Type
Compression Molding, Injection Molding, Turning Molding
By Application
Cameras, Automotive, Mobilephone, Surveillance, Others
By Companies
LARGAN Precision, Sunny Optical, GeniuS Electronic Optical, Sekonix, Kantatsu, Kolen, Cha Diostech
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Aspheric Lenses Market Report Segments:
The global Plastic Aspheric Lenses market is segmented on the basis of:
Types
Compression Molding, Injection Molding, Turning Molding
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
Cameras, Automotive, Mobilephone, Surveillance, 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:
- LARGAN Precision
- Sunny Optical
- GeniuS Electronic Optical
- Sekonix
- Kantatsu
- Kolen
- Cha Diostech
Highlights of The Plastic Aspheric Lenses 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:
- Compression Molding
- Injection Molding
- Turning Molding
- By Application:
- Cameras
- Automotive
- Mobilephone
- Surveillance
- 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 Plastic Aspheric Lenses 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?
Plastic aspheric lenses are a type of eyeglasses that use plastic to create the lens shape. This type of eyeglasses is often more affordable than other types, and they are also less likely to cause eye fatigue or headaches.
Some of the major players in the plastic aspheric lenses market are LARGAN Precision, Sunny Optical, GeniuS Electronic Optical, Sekonix, Kantatsu, Kolen, Cha Diostech.
The plastic aspheric lenses market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Aspheric Lenses Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Aspheric Lenses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Aspheric Lenses Market - Supply Chain
4.5. Global Plastic Aspheric Lenses Market Forecast
4.5.1. Plastic Aspheric Lenses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Aspheric Lenses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plastic Aspheric Lenses Market Absolute $ Opportunity
5. Global Plastic Aspheric Lenses Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plastic Aspheric Lenses Market Size and Volume Forecast by Type
5.3.1. Compression Molding
5.3.2. Injection Molding
5.3.3. Turning Molding
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plastic Aspheric Lenses Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plastic Aspheric Lenses Market Size and Volume Forecast by Application
6.3.1. Cameras
6.3.2. Automotive
6.3.3. Mobilephone
6.3.4. Surveillance
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plastic Aspheric Lenses Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plastic Aspheric Lenses Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plastic Aspheric Lenses Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plastic Aspheric Lenses Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plastic Aspheric Lenses Demand Share Forecast, 2019-2026
9. North America Plastic Aspheric Lenses Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plastic Aspheric Lenses Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plastic Aspheric Lenses Market Size and Volume Forecast by Application
9.4.1. Cameras
9.4.2. Automotive
9.4.3. Mobilephone
9.4.4. Surveillance
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plastic Aspheric Lenses Market Size and Volume Forecast by Type
9.7.1. Compression Molding
9.7.2. Injection Molding
9.7.3. Turning Molding
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plastic Aspheric Lenses Demand Share Forecast, 2019-2026
10. Latin America Plastic Aspheric Lenses Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plastic Aspheric Lenses Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plastic Aspheric Lenses Market Size and Volume Forecast by Application
10.4.1. Cameras
10.4.2. Automotive
10.4.3. Mobilephone
10.4.4. Surveillance
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plastic Aspheric Lenses Market Size and Volume Forecast by Type
10.7.1. Compression Molding
10.7.2. Injection Molding
10.7.3. Turning Molding
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plastic Aspheric Lenses Demand Share Forecast, 2019-2026
11. Europe Plastic Aspheric Lenses Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plastic Aspheric Lenses Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plastic Aspheric Lenses Market Size and Volume Forecast by Application
11.4.1. Cameras
11.4.2. Automotive
11.4.3. Mobilephone
11.4.4. Surveillance
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plastic Aspheric Lenses Market Size and Volume Forecast by Type
11.7.1. Compression Molding
11.7.2. Injection Molding
11.7.3. Turning Molding
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plastic Aspheric Lenses Demand Share, 2019-2026
12. Asia Pacific Plastic Aspheric Lenses Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plastic Aspheric Lenses Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plastic Aspheric Lenses Market Size and Volume Forecast by Application
12.4.1. Cameras
12.4.2. Automotive
12.4.3. Mobilephone
12.4.4. Surveillance
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plastic Aspheric Lenses Market Size and Volume Forecast by Type
12.7.1. Compression Molding
12.7.2. Injection Molding
12.7.3. Turning Molding
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plastic Aspheric Lenses Demand Share, 2019-2026
13. Middle East & Africa Plastic Aspheric Lenses Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plastic Aspheric Lenses Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plastic Aspheric Lenses Market Size and Volume Forecast by Application
13.4.1. Cameras
13.4.2. Automotive
13.4.3. Mobilephone
13.4.4. Surveillance
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plastic Aspheric Lenses Market Size and Volume Forecast by Type
13.7.1. Compression Molding
13.7.2. Injection Molding
13.7.3. Turning Molding
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plastic Aspheric Lenses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plastic Aspheric Lenses Market: Market Share Analysis
14.2. Plastic Aspheric Lenses Distributors and Customers
14.3. Plastic Aspheric Lenses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LARGAN Precision
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sunny Optical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GeniuS Electronic Optical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sekonix
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kantatsu
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kolen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cha Diostech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
