Global Optical Lens Edger Market Overview:
An Optical lens edger is a part of optical manufacturing equipment that edges, cuts, or grinds optical lenses according to the frame that is needed. Optical Lens Edger is an instrument to cut the optical lens to the dimensions specified by the tracer and simplify the lens fitting for any frame, even the most complex ones. Optical lens edger calculates the edge profile to match lens and frame. The Optical lens edger is available in all-in-one type. The machines comprise an integrated 3-D drilling unit with control by 5-axis mechanism. This type of unit offers high-quality beveling and grooving performance to provide an attractive edge surface.
Market Drivers
- Rising Demand from the Ophthalmology
- Increasing Demand for Imaging Devices
- Increase in the use of Digital Cameras
Market Trend
- Edging Systems are Available in All-in-One Type
- Increase in the Social Media Usage of Consumers
Restraints
- The Vision Industry is Highly Fragmented
Opportunities
- High Consumer Base of Eyeglasses
- Increasing Demand from the Eyeglass Lenses and Camera Industries in Developing Countries
Challenges
- Declining Rate of Product Improvement
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 competitive advantage through combined synergies.
Some of the key players profiled in the report are Essilor International S.A. (France), Topcon Corporation (Japan), NIDEK CO., LTD (Japan), INNOVA Medical Ophthalmics Inc. (Canada), Coburn Technologies, Inc. (United States), Santinelli International (United States), Shanghai Supore Instruments Co. Ltd. (China), Dia Optical (Japan), Nanjing Laite Optical (China) and Ningbo FLO Optical Co. Ltd. (China). Additionally, following companies can also be profiled that are part of our coverage like Huvitz Corp. (South Korea), Mei S.r.l. (Italy), Luneau Technology Group (France) and Fuji Gankyo Kikai (Japan). Analyst at AdvanceMarketAnalytics see Chinese and Japanese Players to retain maximum share of Global Optical Lens Edger market by 2024. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Optical Lens Edger market.
Market Highlights:
October 22, 2018: IDx, a leading AI diagnostics company, and Topcon, one of the world’s leading ophthalmic device manufacturers, have signed an exclusivity agreement that will allow the companies to scale delivery of AI-based diagnostic solutions in the U.S. market. and August 28, 2018: NIDEK CO., LTD., a global leader in the design, manufacturing, and distribution of ophthalmic, optometric, and lens edging equipment, has announce the launch of the LEXCE Trend Patternless Edger. The LEXCE Trend is a feature-rich, all-in-one edger which incorporates a high performance drill, an intelligent blocker and a frame tracer in a compact body.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Optical Lens Edger 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 Optical Lens Edger 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 Manufacturers of Optical Lens Edger, Suppliers of Optical Lens Edger, Wholesalers, Distributers and Retailers of Optical Lens Edger, Service Provider of Optical Lens Edger, Research Laboratories and Governmental Bodies.
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.