About Digital lenses
Digital lenses are manufactured using precise laser technology. Digitally surfaced lenses are customized for your visual needs as well as particularly helpful for progressive (No-Line Trifocal) lens wearers. There are three type of digital lenses including progressive lenses, single vision lenses and camera lenses. This lenses are used for camera as well as eye care. Proliferation of the E-Commerce industry will help to boost global digital lenses market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
With the presence of a considerable number of digital lens manufacturers, global digital lenses market appears to be moderately fragmented. For higher growth in market, share companies should focus on to improve their client base across several geographies. Analyst at AMA Research estimates that Japanese Vendors will contribute the maximum growth to Global Digital lenses market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Olympus (Japan), ZEISS (Germany), Nikon (Japan), Essilor (France), Volk Optical (United States), Canon (Japan), Fujifilm Global (Japan), Hoya Vision (Thailand), Kodak (Japan) and TAMRON (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sigma Corporation (United States), Rodenstock (Germany) and Shamir Optical Industry Ltd (Israel).
Segmentation Overview
AMA Research has segmented the market of Global Digital lenses market by Type (Progressive Lenses, Smart Lenses and Camera Lenses), Application (Eye Care, Camera, Mobile Devices and Other) and Region.
On the basis of geography, the market of Digital lenses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Digital lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Adoption of Digital Camera Lenses and Online Retailing of Digital Lenses
Market Growth Drivers:
High Demand for Camera due to Social Networking Activities and Proliferation of the E-Commerce Industry
Restraints:
High Cost of Progressive Lenses and Proliferation of Smartphones Globally
Opportunities:
Huge Demand of Digital Lenses in Emerging Economics
Market Leaders and their expansionary development strategies
In October 2023, North Announces Focals 2.0 Smart Glasses with Improved Display and Audio, North, a Canadian smart glasses company, announced the Focals 2.0, its next-generation smart glasses. The new glasses feature a brighter and higher-resolution display, improved audio, and a longer battery life.
In November 2023, Vuzix Introduces Next-Gen Smart Glasses with Augmented Reality Capabilities Vuzix, a leading provider of augmented reality (AR) wearable technology, introduced its next-generation smart glasses, the Vuzix M400. The new glasses are equipped with a high-resolution display, dual cameras, and advanced sensors that enable a variety of AR applications, including navigation, communication, and entertainment.
Key Target Audience
Digital Lenses Manufactures, Digital Lenses Suppliers/Distributors, Raw Material Suppliers, Consulting Firms, Government Regularity Bodies, Private and Government Research Centers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.