
Locomotive leasing Market, By Locomotive Type (Diesel Locomotives, Electric Locomotives, Hybrid Locomotives, Other Alternative Fuel Locomotives), By Lease Type (Full-Service Lease, Net Lease, Finance Lease, Operating Lease), By End-User Industry (Rail Fre
Description
Nearsightedness is a major problem among children and young adults as it can lead to real eye problems later in life, including serious retinal diseases and vision loss. Studies have shown that myopia can progress to a more dangerous level by the time a child is a teen or young adult. For instance, in March 2021, a study published by British Journal of Ophthalmology concluded that myopia progression among children aged 7–9 years (33.1%) and 10–12 years (29.4%) was higher as compared to other groups (at most 22.1%). Even amounts of nearsightedness -4.00 units or more, increases the risk of myopia progressing into a more serious form by the time the child reaches teen age, so it is important to treat myopia early to prevent it from getting worse.
Various treatments are available to control myopia, among which the latest myopia control method involves a special contact lens that is designed to simultaneously correct myopia and prevent myopia progression. It works by using a dual-focus approach whereby the central area of the lens contains myopia correction and alternating rings surround this region, with each ring being configured to provide either myopia control or near addition.
Market Dynamics
The major driving factor that is responsible for boosting the myopia control lenses market growth is the ever-increasing incidence of myopia, mostly among the children and the growing adults. With its rise, there is increase in demand for solutions to control its spread which ultimately requires the adoption of myopia control lenses as a preventative measure to address the problem and lower the possible hazards which is motivated by the increased awareness of and concern for eye health. In August 2023, according to an article published by Modern Optometry, the myopia's global incidence is increasing, rising from 27% in 2010 to 33% in 2020. It is anticipated that 52% of the global population will be myopic by 2050, with 10% of those people having extreme myopia.
Also, the market for myopia control lenses has grown significantly as a result of the continuous progress in lens technology. Manufacturers are creating specialty lenses with cutting-edge materials and designs to effectively stop the growth of myopia. The growing number of clinical studies and scientific evidence proves the effectiveness of myopia control lenses which had a significant impact on market expansion. Strong proof for the efficiency of myopia control lenses has been presented by numerous studies, which has enhanced their acceptance and endorsement by eyecare specialists. For instance, on April 27, 2023, EssilorLuxottica, a manufacturer of high-quality vision care products, revealed the four-year clinical study findings of its myopia control innovation Essilor Stellest lens for the first time at the 2023 ARVO annual meeting in New Orleans,U.S.. The findings reveal that Essilor Stellest lenses continue to be effective in decreasing myopia progression and axial eye elongation in children in their fourth year.
However, the limited cognizance about controlling myopia amongst the population and the high cost of myopia lenses being high (for ex: orthokeratology lenses), is expected to hinder the market growth of the global myopia control lenses market over the fasted period.
Key features of the study:
Various treatments are available to control myopia, among which the latest myopia control method involves a special contact lens that is designed to simultaneously correct myopia and prevent myopia progression. It works by using a dual-focus approach whereby the central area of the lens contains myopia correction and alternating rings surround this region, with each ring being configured to provide either myopia control or near addition.
Market Dynamics
The major driving factor that is responsible for boosting the myopia control lenses market growth is the ever-increasing incidence of myopia, mostly among the children and the growing adults. With its rise, there is increase in demand for solutions to control its spread which ultimately requires the adoption of myopia control lenses as a preventative measure to address the problem and lower the possible hazards which is motivated by the increased awareness of and concern for eye health. In August 2023, according to an article published by Modern Optometry, the myopia's global incidence is increasing, rising from 27% in 2010 to 33% in 2020. It is anticipated that 52% of the global population will be myopic by 2050, with 10% of those people having extreme myopia.
Also, the market for myopia control lenses has grown significantly as a result of the continuous progress in lens technology. Manufacturers are creating specialty lenses with cutting-edge materials and designs to effectively stop the growth of myopia. The growing number of clinical studies and scientific evidence proves the effectiveness of myopia control lenses which had a significant impact on market expansion. Strong proof for the efficiency of myopia control lenses has been presented by numerous studies, which has enhanced their acceptance and endorsement by eyecare specialists. For instance, on April 27, 2023, EssilorLuxottica, a manufacturer of high-quality vision care products, revealed the four-year clinical study findings of its myopia control innovation Essilor Stellest lens for the first time at the 2023 ARVO annual meeting in New Orleans,U.S.. The findings reveal that Essilor Stellest lenses continue to be effective in decreasing myopia progression and axial eye elongation in children in their fourth year.
However, the limited cognizance about controlling myopia amongst the population and the high cost of myopia lenses being high (for ex: orthokeratology lenses), is expected to hinder the market growth of the global myopia control lenses market over the fasted period.
Key features of the study:
- This report provides in-depth analysis of the global myopia control lenses market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global myopia control lenses market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Essilor International, Johnson & Johnson Vision, CooperVision, Hoya Corporation, Zeiss Group, Bausch + Lomb, Menicon Co., Ltd., SEED Co., Ltd., Alcon (Novartis), Visioneering Technologies, Inc., Paragon Vision Sciences, Euclid Systems Corporation, Art Optical Contact Lens, Inc., SynergEyes, Inc., Nevakar Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global myopia control lenses market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global myopia control lenses market
- By Product Type:
- Spectacle Lens
- Contact Lens
- By Lens Type:
- Multifocal LensesOrthokeratology Lenses
- Dual-focus Lenses
- Peripheral Defocus Lenses
- By Age Group:
- Children
- Adults
- By Distribution Channel:
- Optometry Clinics
- Optical Retail Stores
- Online Retail
- By Geography:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profile:
- Essilor International
- Johnson & Johnson Vision
- CooperVision
- Hoya Corporation
- Zeiss Group
- Bausch + Lomb
- Menicon Co., Ltd.
- SEED Co., Ltd.
- Alcon (Novartis)
- Visioneering Technologies, Inc.
- Paragon Vision Sciences
- Euclid Systems Corporation
- Art Optical Contact Lens, Inc.
- SynergEyes, Inc.
- Nevakar Inc.
Table of Contents
165 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Locomotive Leasing, By Locomotive Type
- Market Locomotive Leasing, By Lease Type
- Market Locomotive Leasing, By End User Industry
- Market Locomotive Leasing, By Lease Duration
- Market Locomotive Leasing, By Application
- Market Locomotive Leasing, By Locomotive Power Capacity
- Market Locomotive Leasing, By Lease Provider
- Market Locomotive Leasing, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Cost-effectiveness
- Infrastructure Development
- Operational Flexibility
- Restraints
- Electrification and Alternative Fuels
- Digitalization and Data Analytics
- Leasing of Specialized Locomotives
- Opportunities
- Emerging Markets
- Green and Sustainable Solutions
- Technological Advancements
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Locomotive Leasing Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Locomotive Leasing Market, By Locomotive Type, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Fuel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Diesel Locomotives
- Electric Locomotives
- Hybrid Locomotives
- Other Alternative Fuel Locomotives
- Wheel Arrangement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Bo-Bo
- Co-Co
- B-B
- Others (AIA-AIA, etc.)
- 6. Global Locomotive Leasing Market, By Lease Type, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Full-Service Lease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Net Lease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Finance Lease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Operating Lease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 7. Global Locomotive Leasing Market, By End User Industry, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Rail Freight Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Oil and Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Industrial Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 8. Global Locomotive Leasing Market, By Lease Duration, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Short-Term Lease (Less than 1 year)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Medium-Term Lease (1-5 years)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Long-Term Lease (More than 5 years)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 9. Global Locomotive Leasing Market, By Application, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Intermodal Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Freight Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Passenger Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Shunting and Switching Operations
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 10. Global Locomotive Leasing Market, By Locomotive Power Capacity, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Low Power Locomotives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Medium Power Locomotives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- High Power Locomotives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 11. Global Locomotive Leasing Market, By Lease Provider, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Independent Leasing Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Rail Operators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Original Equipment Manufacturers (OEMs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Financial Institutions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 12. Global Locomotive Leasing Market, By Region, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Country 2021 –2032
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Locomotive Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Lease Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Lease Duration, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Locomotive Power Capacity, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Lease Provider, 2020-2032,(US$ Bn)
- Market Share Analysis, By Country, 2020 and 2032(%)
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest Of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest Of Latin America
- Middle East and Africa
- South Africa
- GCC Countries
- Rest of the Middle East and Africa
- 13. Competitive Landscape
- GATX Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Progress Rail (A Caterpillar Company)
- TrinityRail
- Mitsui Rail Capital LLC
- Beacon Rail Leasing
- Railpool
- SMBC Rail Services
- VTG Rail Leasing
- Mitsui & Co., Ltd.
- Touax Rail Ltd.
- CIT Group Inc.
- Analyst Views
- 14. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on Global Locomotive Leasing Market” - Global Forecast to 2032
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