Global Telephoto Zoom Lens Market Overview:
A telephoto zoom lens is refer as a lens which has a variable focal length which mainly ranges from 70mm to 200mm, or from 28 to 300mm, from 150 to 600mm. The telephoto zoom lens are basically used for the camera to shoot the scenery far away. As it has a variable focal length, so it is easy to use.
Growth Drivers
- Growing photography as well as interest towards it is driving the telephoto zoom lens market. Many professional photographer are using the telephoto zoom lens for enhancing there quality of picture, and they are spending lot of money over it as there is increasing urbanization as well as disposable income.
Roadblocks
- High cost associated with the product market
Opportunities
- Growing end use in the developing regions
Challenges
- Technical issues associated with the product may hamper the market
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Canon (Japan), Nikon (Japan), Sony (Japan), Samsung (South Korea), Tamron (Japan), Pentax (Japan), Sigma (Japan), Olympus (Japan), Tokina (Japan), Fujifilm (Japan) and Panasonic (Japan). Considering Market by Distribution Channel, the sub-segment i.e. Offline will boost the Telephoto Zoom Lens market. Considering Market by End Use, the sub-segment i.e. Professional Shoot will boost the Telephoto Zoom Lens market.
Latest Market Insights:
In January 2019, Samsung acquired zoom-related tech company Corephotonics for bringing optical zoom functionality to its smartphones in order to make them more competitive. Corephotonics develops dual-camera technologies and has years of zoom-related expertise and roughly 150 filed patents in its arsenal. With this acquisition, Samsung could soon start churning out handsets with advanced imaging capabilities.
In September 2020, Tamron Co., Ltd., a Japan-based leading manufacturer of optics announced the world’s smallest and lightest telephoto zoom lens for Sony E-mount full-frame mirrorless cameras. The new 70-300mm F4.5-6.3 has been developed with the concept of bringing the joy of easy telephoto shooting to photographers everywhere that delivers exceptional image quality. However, its Moisture-Resistant Construction provides greater protection when shooting outdoors and the lens shares the 67mm filter diameter common to all members of Tamron’s lens series for full-frame mirrorless cameras.
What Can be Explored with the Telephoto Zoom Lens Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Telephoto Zoom Lens Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Telephoto Zoom Lens
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Telephoto Zoom Lens market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Telephoto Zoom Lens market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Telephoto Zoom Lens Manufacturers, Telephoto Zoom Lens Distributors/Traders/Wholesalers, Telephoto Zoom Lens Sub component Manufacturers, Industry Association and Downstream Vendors.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.