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Camera Lens Market - Segmented by Applications, Product Type, and Region - Growth, Trends, and Forecast (2018 - 2023)

Camera Lens Market - Segmented by Applications, Product Type, and Region - Growth, Trends, and Forecast (2018 - 2023)

The camera lens market is likely to witness a CAGR of over 12.3% during the forecast period (2018 - 2023).

A camera lens, also known as photographic lens, is the most integral and essential part of a camera. A camera lens is sometimes a single optical lens or an assembly of a number of lenses together with a camera body. The scope of the report includes an overview of the camera lens market, including uses of a camera, production technologies, and market segments. The market has been segmented on the basis of product type, application, and region. Camera lenses are developed by a number of firms, like Canon, Sony, Nikon, Marshall Electronics, Thorlabs, SAMSUNG, Olympus, Sunex, and Fujifilm, among others. Asia is expected to stay at the helm during the forecast period, as most key players that are into photography and imaging are located in Asia-Pacific.

Increase in the Smartphones Sales Rate

The sales rate of smartphones has witnessed a strong growth in the recent years, with global smartphone shipments reaching over 1.5 billion units in 2017. With an intense competition in the smartphone market, companies are focusing heavily on distinguishing their products from their competitions. Smartphone cameras have become one of the primary features impacting the customer decision making, with many consumers prioritizing camera specs over other features. Companies are, thus, investing heavily on providing the best quality cameras to attract customers. Thus, the growth in smartphone demand is directly impacting the consumption of camera lens in the industry.

Asia-Pacific to lead the Market

In Asia-Pacific, increasing focus and investment toward technology, by major players, are the factors driving the market to become the largest for camera lens. The increasing number of players in the region has a led to a rise in collaborations in the market, which is boosting the focus toward technology. North America, followed by Europe, is the second-largest market. Most of the giants in the camera lens market, like Canon, Nikon, Fujifilm, and Sony, are based in Japan, Asia-Pacific.

Key Developments in the Market

  • April 2018– FUJIFILM Corporation, a top-rated company that is into photography and imaging, introduced the Surface-enhanced Raman Spectroscopy (SERS) imaging technology. This technology helps in examining tissues and, in turn, helps in automated pathological diagnosis.
  • May 2018 – Canon, a leading camera lens manufacturing company, planned to incorporate AI in cameras, to keep pace with smartphone photography.

Reasons to Purchase the Report
  • Advancements and trends in the camera lens market
  • Various perspectives of the market with the help of Porter’s five forces analysis
  • The type of service and end user expected to dominate the market
  • Regions expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)
Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Increase in the Number of Smartphone Sales
4.2.2 Rise in the Number of Social Media Users
4.3 Factors Restraining the Market
4.3.1 Dynamic Nature of the Market
4.4 Industry Attractiveness – Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products or Services
4.4.5 Competitive Rivalry among Existing Competitors
5. Camera Lens Market Segmentation
5.1 By Application
5.1.1 Mobile Phone Cameras
5.1.2 Computer Cameras
5.1.3 High-end Digital Camera
5.1.4 Compact Cameras
5.2 By Product Type
5.2.1 Waterproof Lenses
5.2.2 DSLR Lens
5.2.3 Wide Angle Lenses
5.2.4 Built-in Lens
5.2.5 Interchangeable Lenses Single Lens Reflex Non-reflex
5.3 By Region
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East & Africa
6. Competitive Intelligence – Company Profiles
6.1 Canon Inc.
6.2 Sony Corporation
6.3 Nikon Corporation
6.4 Eastman Kodak
6.5 Marshall Electronics
6.6 Thorlabs, Inc.
6.7 Samsung Electronics Co. Ltd
6.8 Olympus Corporation
6.9 Fujifilm Holdings Corporation
6.10 Terasic Inc
6.11 SMA Optical Technologies
6.12 Largan Precision Company Limited
*List not Exhaustive
7. Investment Analysis
8. Future of the Camera Lens Market
9. Disclaimer

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