Camera Lens Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Camera Lens Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global camera lens market size reached US$ 5.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.

A camera lens, also known as a photographic lens, is an optical device mounted on the body of the camera. It is made with a series of convex or concave glass plates and relies on various descriptors, such as focal length, speed, aperture width, magnification and angle width to enhance the quality of a photograph. As it allows adequate light to pass through it for capturing a sharp photo, a camera lens finds extensive applications in consumer electronics, automotive, and healthcare industries across the globe.

Camera Lens Market Trends:
At present, there is a rise in the demand for high-performance camera lenses in the automobile industry for rearview optics, heads-up displays (HUDs), backup camera systems, and location-sensing devices. This, along with the growing development of multi-camera smartphones that allow consumers to capture high-quality videos and images, represents one of the key factors driving the market. Moreover, key market players are introducing mirrorless cameras with advanced features to achieve higher product differentiation, which is propelling the growth of the market. In addition, there is an increase in the utilization of lenses with a wide aperture among individuals for product or portrait photography. This, coupled with the technological advancements in digital cameras, such as image stabilization, faster processors, and increasing speed and storage capacity, is positively influencing the market. Besides this, medical professionals are extensively investing in augmented reality (AR) based image-guided therapy to increase flexibility during interventional procedures, which is offering lucrative growth opportunities to industry investors. Additionally, governments of several countries are promoting the implementation of enhanced lenses in driverless cars. This is projected to improve their reliability and safety and strengthen the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global camera lens market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and application.

Breakup by Type:

Built-in Lens
Interchangeable Lens
Prime Lens
Wide Angle Lens
Mid-Range Lens
Telephoto Lens
Others

Breakup by Distribution Channel:

Online
Offline

Breakup by Application:

Consumer Electronics
Mobile
AR/VR/MR
Others
Automotive
Medical
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AAC Technologies Holdings Inc., Ability Opto-Electronics Technology Co. Ltd., Canon Inc., FUJIFILM Corporation, Genius Electronic Optical Co. Ltd., Haesung Optics Co. Ltd., Largan Precision Co. Ltd., Nikon Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., SEKONIX Co. Ltd., Sony Corporation and TAMRON Co. Ltd.

Key Questions Answered in This Report

1. What was the size of the global camera lens market in 2022?
2. What is the expected growth rate of the global camera lens market during 2023-2028?
3. What are the key factors driving the global camera lens market?
4. What has been the impact of COVID-19 on the global camera lens market?
5. What is the breakup of the global camera lens market based on the distribution channel?
6. What is the breakup of the global camera lens market based on the application?
7. What are the key regions in the global camera lens market?
8. Who are the key players/companies in the global camera lens market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Camera Lens Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Built-in Lens
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Interchangeable Lens
6.2.1 Market Trends
6.2.2 Key Segments
 6.2.2.1 Prime Lens
 6.2.2.2 Wide Angle Lens
 6.2.2.3 Mid-Range Lens
 6.2.2.4 Telephoto Lens
 6.2.2.5 Others
6.2.3 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Online
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Offline
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Consumer Electronics
8.1.1 Market Trends
8.1.2 Key Segments
 8.1.2.1 Mobile
 8.1.2.2 AR/VR/MR
 8.1.2.3 Others
8.1.3 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Medical
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
 9.1.1.1 Market Trends
 9.1.1.2 Market Forecast
9.1.2 Canada
 9.1.2.1 Market Trends
 9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
 9.2.1.1 Market Trends
 9.2.1.2 Market Forecast
9.2.2 Japan
 9.2.2.1 Market Trends
 9.2.2.2 Market Forecast
9.2.3 India
 9.2.3.1 Market Trends
 9.2.3.2 Market Forecast
9.2.4 South Korea
 9.2.4.1 Market Trends
 9.2.4.2 Market Forecast
9.2.5 Australia
 9.2.5.1 Market Trends
 9.2.5.2 Market Forecast
9.2.6 Indonesia
 9.2.6.1 Market Trends
 9.2.6.2 Market Forecast
9.2.7 Others
 9.2.7.1 Market Trends
 9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
 9.3.1.1 Market Trends
 9.3.1.2 Market Forecast
9.3.2 France
 9.3.2.1 Market Trends
 9.3.2.2 Market Forecast
9.3.3 United Kingdom
 9.3.3.1 Market Trends
 9.3.3.2 Market Forecast
9.3.4 Italy
 9.3.4.1 Market Trends
 9.3.4.2 Market Forecast
9.3.5 Spain
 9.3.5.1 Market Trends
 9.3.5.2 Market Forecast
9.3.6 Russia
 9.3.6.1 Market Trends
 9.3.6.2 Market Forecast
9.3.7 Others
 9.3.7.1 Market Trends
 9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
 9.4.1.1 Market Trends
 9.4.1.2 Market Forecast
9.4.2 Mexico
 9.4.2.1 Market Trends
 9.4.2.2 Market Forecast
9.4.3 Others
 9.4.3.1 Market Trends
 9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10  SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 AAC Technologies Holdings Inc.
 14.3.1.1 Company Overview
 14.3.1.2 Product Portfolio
 14.3.1.3 Financials
14.3.2 Ability Opto-Electronics Technology Co. Ltd.
 14.3.2.1 Company Overview
 14.3.2.2 Product Portfolio
 14.3.2.3 Financials
14.3.3 Canon Inc.
 14.3.3.1 Company Overview
 14.3.3.2 Product Portfolio
 14.3.3.3 Financials
 14.3.3.4 SWOT Analysis
14.3.4 FUJIFILM Corporation
 14.3.4.1 Company Overview
 14.3.4.2 Product Portfolio
 14.3.4.3 Financials
 14.3.4.4 SWOT Analysis
14.3.5 Genius Electronic Optical Co. Ltd.
 14.3.5.1 Company Overview
 14.3.5.2 Product Portfolio
 14.3.5.3 Financials
14.3.6 Haesung Optics Co. Ltd.
 14.3.6.1 Company Overview
 14.3.6.2 Product Portfolio
 14.3.6.3 Financials
14.3.7 Largan Precision Co. Ltd.
 14.3.7.1 Company Overview
 14.3.7.2 Product Portfolio
 14.3.7.3 Financials
 14.3.7.4 SWOT Analysis
14.3.8 Nikon Corporation
 14.3.8.1 Company Overview
 14.3.8.2 Product Portfolio
 14.3.8.3 Financials
 14.3.8.4 SWOT Analysis
14.3.9 Panasonic Corporation
 14.3.9.1 Company Overview
 14.3.9.2 Product Portfolio
 14.3.9.3 Financials
 14.3.9.4 SWOT Analysis
14.3.10 Samsung Electronics Co. Ltd.
 14.3.10.1 Company Overview
 14.3.10.2 Product Portfolio
 14.3.10.3 Financials
 14.3.10.4 SWOT Analysis
14.3.11 SEKONIX Co. Ltd.
 14.3.11.1 Company Overview
 14.3.11.2 Product Portfolio
 14.3.11.3 Financials
14.3.12 Sony Corporation
 14.3.12.1 Company Overview
 14.3.12.2 Product Portfolio
 14.3.12.3 Financials
 14.3.12.4 SWOT Analysis
14.3.13 TAMRON Co. Ltd.
 14.3.13.1 Company Overview
 14.3.13.2 Product Portfolio
 14.3.13.3 Financials

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