The 2023-2028 World Outlook for Optical Instruments and Lens Manufacturing

The 2023-2028 World Outlook for Optical Instruments and Lens Manufacturing

This study covers the world outlook for optical instruments and lens manufacturing across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers optical instruments and lens manufacturing as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for optical instruments and lens manufacturing is 333314. It is for this definition that aggregate latent demand estimates are derived. Optical instruments and lens manufacturing is specifically defined as follows:

333314 This U.S. industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing optical instruments and lens, such as binoculars, microscopes (except electron, proton), telescopes, prisms, and lenses (except ophthalmic); (2) coating or polishing lenses (except ophthalmic); and (3) mounting lenses (except ophthalmic).

3333141 Sighting, tracking and fire-control equipment

3333143 ALL OTHER MISCELLANEOUS OPTICAL INSTRUMENTS AND LENSES

3333145 Optical instruments and lenses, n.e.c.

333314M Miscellaneous receipts

333314P Primary products

333314S Secondary products

33331410 Sighting, tracking, and fire~control equipment, optical~type

33331411 Sighting, tracking, and fire control equipment, optical type

33331431 Binoculars and astronomical instruments