Aspherical Lens Market by Type (Glass Aspherical lens, Plastic Aspherical lens), Offering (Double Aspherical lens and Single Aspherical lens), Manufacturing Technology (Molding, Polishing & Grinding), Application and Region - Global Forecast to 2028
The aspherical lens market is projected to grow from USD 9.0 billion in 2023 to USD 12.2 billion by 2028, registering a CAGR of 6.2% during the forecast period. Some of the major factors that are driving the growth of the aspherical lens market include rising demand for aspherical lenses for use in digital cameras, growing applications in high-end smartphone cameras, and surging use of aspherical lenses in optical instruments and ophthalmic applications. However, the complexities of design and manufacturing processes will be a challenge for the market in the future. The major growth opportunities for the market players are rising demand for medical imaging and growing use of infrared aspherical lenses in security and surveillance cameras.
'Market for plastic aspherical lens to grow at higher CAGR during forecast period'
The plastic aspherical lens type segment of the aspherical lens market is expected to account for the largest market size and highest growth rate during the forecast period. Plastic aspherical lenses are optical lenses with aspherical surfaces composed of plastic materials. They are increasingly being used in the production of camera lenses, eyeglass lenses, and other optical equipment. Plastic aspherical lenses are generally lighter and less expensive than traditional glass aspherical lenses, making them a more accessible option for many consumers.
'Ophthalmic application held largest share of aspherical lens market in 2023'
In terms of market size, the ophthalmic application is expected to dominate the aspherical lens market and is likely to witness significant growth during the forecast period. In the ophthalmic segment, such lenses are mainly used in eyeglasses and contact lenses. Aspherical lenses help patients suffering from myopia, hype myopia, and other conditions by increasing the image quality and vision power. Aspherical eyeglass lenses allow for crisper vision than standard lenses, mostly when looking in other directions than the optical center of lens. The lenses are also suited to eyeglasses for patients with differing powers in both eyes. Aspherical lenses can also help address astigmatism, nearsightedness, and farsightedness.
'Asia Pacific to witness highest growth among other regions during forecast period'
Asia Pacific is expected to dominate the aspherical lens market during the forecast period Asia Pacific is one of the emerging markets for aspherical lens. The region has been segmented into China, Japan, South Korea, and Rest of Asia Pacific, which includes Australia, New Zealand, Singapore, and other Southeast Asian countries. The aspherical lens market in Asia Pacific is expected to record the highest CAGR during the forecast period. Growing economies such as China and Japan are the major contributors to the aspherical lens market in this region. In China, the development of city surveillance networks to monitor millions of citizens, and the penetration of surveillance cameras in small and medium-sized enterprises, is expected to drive the demand for aspherical lens elements. The rising requirement for contact lenses to correct myopia, hyperopia, and other eye-related diseases is driving the use of aspherical lenses in the ophthalmic application.
In determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the aspherical lens market. The break-up of primary participants for the report has been shown below:
Research coverage
This research report categorizes the aspherical lens market on the basis of component, product, application, vertical, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the aspherical lens market and forecasts the same till 2028. Apart from these, the report also consists of leadership mapping and analysis of companies in the aspherical lens ecosystem.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall aspherical lens market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
'Market for plastic aspherical lens to grow at higher CAGR during forecast period'
The plastic aspherical lens type segment of the aspherical lens market is expected to account for the largest market size and highest growth rate during the forecast period. Plastic aspherical lenses are optical lenses with aspherical surfaces composed of plastic materials. They are increasingly being used in the production of camera lenses, eyeglass lenses, and other optical equipment. Plastic aspherical lenses are generally lighter and less expensive than traditional glass aspherical lenses, making them a more accessible option for many consumers.
'Ophthalmic application held largest share of aspherical lens market in 2023'
In terms of market size, the ophthalmic application is expected to dominate the aspherical lens market and is likely to witness significant growth during the forecast period. In the ophthalmic segment, such lenses are mainly used in eyeglasses and contact lenses. Aspherical lenses help patients suffering from myopia, hype myopia, and other conditions by increasing the image quality and vision power. Aspherical eyeglass lenses allow for crisper vision than standard lenses, mostly when looking in other directions than the optical center of lens. The lenses are also suited to eyeglasses for patients with differing powers in both eyes. Aspherical lenses can also help address astigmatism, nearsightedness, and farsightedness.
'Asia Pacific to witness highest growth among other regions during forecast period'
Asia Pacific is expected to dominate the aspherical lens market during the forecast period Asia Pacific is one of the emerging markets for aspherical lens. The region has been segmented into China, Japan, South Korea, and Rest of Asia Pacific, which includes Australia, New Zealand, Singapore, and other Southeast Asian countries. The aspherical lens market in Asia Pacific is expected to record the highest CAGR during the forecast period. Growing economies such as China and Japan are the major contributors to the aspherical lens market in this region. In China, the development of city surveillance networks to monitor millions of citizens, and the penetration of surveillance cameras in small and medium-sized enterprises, is expected to drive the demand for aspherical lens elements. The rising requirement for contact lenses to correct myopia, hyperopia, and other eye-related diseases is driving the use of aspherical lenses in the ophthalmic application.
In determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the aspherical lens market. The break-up of primary participants for the report has been shown below:
- By company type: Tier 1 - 30 %, Tier 2 - 30%, and Tier 3 - 40%
- By designation: C-Level Executives - 40%, Managers - 30%, and Others - 30%
- By region: North America - 40%, Europe - 30%, Asia Pacific - 20%, and RoW - 10%
Research coverage
This research report categorizes the aspherical lens market on the basis of component, product, application, vertical, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the aspherical lens market and forecasts the same till 2028. Apart from these, the report also consists of leadership mapping and analysis of companies in the aspherical lens ecosystem.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall aspherical lens market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (surging use of aspherical lenses in optical instruments and ophthalmic applications, rising demand for aspherical lenses for use in digital cameras. growing applications in high-end smartphone cameras, and increasing adoption in automotive sector), restraints (high production cost of aspherical lenses), opportunities (growing penetration of infrared (IR) aspherical lenses in security and surveillance camera and rising demand for medical imaging), and challenges (complexity of design and manufacturing processes) influencing the growth of the aspherical lens market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the aspherical lens market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the aspherical lens market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aspherical lens market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like Nikon Corporation (Japan), Canon, Inc. (Japan), Panasonic Holding Corporation (Japan), HOYA (Japan), Asahi Glass (AGC) (Japan), Schott (Germany), among others.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 SCOPE OF STUDY
1.3.1 MARKETS COVERED
FIGURE 1 ASPHERICAL LENS MARKET SEGMENTATION
1.4 GEOGRAPHIC SCOPE
1.4.1 YEARS CONSIDERED
1.5 CURRENCY AND PRICING
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.7.1 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
2.1.3 SECONDARY & PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach used to arrive at market size from supply side
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
2.6 RISK ASSESSMENT
2.6.1 RECESSION IMPACT
3 EXECUTIVE SUMMARY
3.1 RECESSION ANALYSIS
FIGURE 6 GDP GROWTH PROJECTION FOR MAJOR ECONOMIES TILL 2023
FIGURE 7 GLASS SEGMENT TO HOLD LARGEST SHARE OF ASPHERICAL LENS MARKET DURING FORECAST PERIOD
FIGURE 8 MOLDED SEGMENT TO DOMINATE ASPHERICAL LENS MARKET DURING FORECAST PERIOD
FIGURE 9 DOUBLE ASPHERICAL LENS SEGMENT TO RECORD HIGHER CAGR FROM 2023 TO 2028
FIGURE 10 OPHTHALMIC APPLICATION TO HOLD LARGEST MARKET SHARE IN FORECAST PERIOD
FIGURE 11 ASIA PACIFIC HELD LARGEST SHARE OF ASPHERICAL LENS MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ASPHERICAL LENS MARKET
FIGURE 12 INCREASING DEMAND FROM OPHTHALMIC AND CONSUMER ELECTRONICS APPLICATIONS TO FUEL GROWTH OF ASPHERICAL LENS MARKET
4.2 ASPHERICAL LENS MARKET, BY TYPE
FIGURE 13 GLASS SEGMENT HELD LARGEST SHARE OF ASPHERICAL LENS MARKET IN 2022
4.3 ASPHERICAL LENS MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY
FIGURE 14 OPHTHALMIC APPLICATION AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC ASPHERICAL LENS MARKET IN 2022
4.4 ASPHERICAL LENS MARKET, BY COUNTRY
FIGURE 15 US TO DOMINATE ASPHERICAL LENS SERVICES MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 ASPHERICAL LENS MARKET: DYNAMICS
5.2.1 DRIVERS
FIGURE 17 ASPHERICAL LENS MARKET DRIVERS: IMPACT ANALYSIS
5.2.1.1 Increasing use of aspherical lenses in optical instruments and ophthalmic applications
5.2.1.2 Rising demand for aspherical lenses for use in digital cameras
5.2.1.3 Increasing application in high-end smartphone cameras
5.2.1.4 Growing adoption in automotive sector
5.2.2 RESTRAINTS
FIGURE 18 ASPHERICAL LENS MARKET RESTRAINTS: IMPACT ANALYSIS
5.2.2.1 High production cost
5.2.3 OPPORTUNITIES
FIGURE 19 ASPHERICAL LENS MARKET OPPORTUNITIES: IMPACT ANALYSIS
5.2.3.1 Growing use of infrared aspherical lenses in security and surveillance cameras
5.2.3.2 Rising demand for medical imaging
5.2.4 CHALLENGES
FIGURE 20 ASPHERICAL LENS MARKET CHALLENGES: IMPACT ANALYSIS
5.2.4.1 Complexity of design and manufacturing processes
5.3 VALUE CHAIN ANALYSIS
FIGURE 21 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED BY MANUFACTURERS AND ASSEMBLY & PACKAGING TEAMS
5.4 ECOSYSTEM ANALYSIS
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS/BUYERS
FIGURE 22 REVENUE SHIFT IN ASPHERICAL LENS MARKET
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE (ASP) OF VARIOUS ASPHERICAL LENSES
TABLE 1 AVERAGE SELLING PRICE OF VARIOUS ASPHERICAL LENSES, BY TYPE
FIGURE 23 AVERAGE SELLING PRICE OF KEY GLASS ASPHERICAL LENS MANUFACTURERS (USD)
TABLE 2 AVERAGE SELLING PRICE OF KEY GLASS ASPHERICAL LENS MANUFACTURERS (USD)
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TRENDS IN ASPHERICAL LENS MARKET
5.7.1.1 Augmented reality microscopes and aspherical lenses
5.7.1.2 Contact lenses as drug delivery devices
5.8 CASE STUDY ANALYSIS
5.8.1 OPTIPRO SYSTEMS HELPS OPTIMIZE LENS POLISHING FOR KREISCHER OPTICS
5.8.2 VISION OPTICS PROVIDES ASPHERICAL LENSES FOR AUTO HEAD-UP DISPLAY (HUD) SYSTEM
5.9 PATENT ANALYSIS
FIGURE 24 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 3 TOP 20 PATENT OWNERS IN LAST 10 YEARS
FIGURE 25 NUMBER OF PATENTS GRANTED PER YEAR FROM 2012 TO 2022
5.9.1 MAJOR PATENTS
TABLE 4 MAJOR PATENTS IN ASPHERICAL LENS MARKET
5.10 TRADE AND TARIFF ANALYSIS
5.10.1 TRADE ANALYSIS
FIGURE 26 IMPORT DATA FOR HS CODE 900211, BY COUNTRY, 2017–2021 (USD THOUSAND)
FIGURE 27 EXPORT DATA FOR HS CODE 900211, BY COUNTRY, 2017–2021 (USD THOUSAND)
FIGURE 28 IMPORT DATA FOR HS CODE 900490, BY COUNTRY, 2017–2021 (USD THOUSAND)
FIGURE 29 EXPORT DATA FOR HS CODE 900490, BY COUNTRY, 2017–2021 (USD THOUSAND)
5.10.2 TARIFF ANALYSIS
TABLE 5 MFN TARIFF FOR HS CODE 900211-COMPLIANT PRODUCTS EXPORTED BY US
TABLE 6 MFN TARIFF FOR HS CODE 900211-COMPLIANT PRODUCTS EXPORTED BY CHINA
TABLE 7 MFN TARIFF FOR HS CODE 900490-COMPLIANT PRODUCTS EXPORTED BY US
TABLE 8 MFN TARIFF FOR HS CODE 900490-COMPLIANT PRODUCTS EXPORTED BY CHINA
5.11 KEY STAKEHOLDERS & BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
5.11.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 10 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 32 PORTER’S FIVE FORCES ANALYSIS, 2022
TABLE 11 ASPHERICAL LENS MARKET: PORTER’S FIVE FORCES ANALYSIS
5.12.1 INTENSITY OF COMPETITIVE RIVALRY
5.12.2 THREAT OF SUBSTITUTES
5.12.3 BARGAINING POWER OF BUYERS
5.12.4 BARGAINING POWER OF SUPPLIERS
5.12.5 THREAT OF NEW ENTRANTS
5.13 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 12 ASPHERICAL LENS MARKET: CONFERENCES AND EVENTS
5.14 REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS RELATED TO ASPHERICAL LENS MARKET
TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 STANDARDS AND REGULATIONS RELATED TO ASPHERICAL LENSES
TABLE 16 NORTH AMERICA: SAFETY STANDARDS FOR ASPHERICAL LENS MARKET
TABLE 17 EUROPE: SAFETY STANDARDS FOR ASPHERICAL LENS MARKET
TABLE 18 ASIA PACIFIC: SAFETY STANDARDS FOR ASPHERICAL LENS MARKET
6 ASPHERICAL LENS MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 33 ASPHERICAL LENS MARKET, BY TYPE
FIGURE 34 PLASTIC SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 19 ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 20 ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.2 GLASS ASPHERICAL LENS
6.2.1 INCREASINGLY USED IN CAMERAS, AND AUTOMOTIVE AND SURVEILLANCE APPLICATIONS
FIGURE 35 MOLDED MANUFACTURING TECHNOLOGY TO DOMINATE GLASS ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 21 GLASS: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 22 GLASS: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 23 GLASS: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 24 GLASS: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 25 GLASS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 26 GLASS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
6.3 PLASTIC ASPHERICAL LENS
6.3.1 LIGHT AND CHEAP OPTION USED IN VARIOUS APPLICATIONS
FIGURE 36 MOLDED MANUFACTURING TECHNOLOGY TO DOMINATE PLASTIC ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 27 PLASTIC: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 28 PLASTIC: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 29 PLASTIC: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 30 PLASTIC: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 31 PLASTIC: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 32 PLASTIC: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
6.4 OTHER TYPES
FIGURE 37 MOLDED MANUFACTURING TECHNOLOGY TO DOMINATE OTHERS SEGMENT OF ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 33 OTHER TYPES: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 34 OTHER TYPES: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 35 OTHER TYPES: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 36 OTHER TYPES: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 37 OTHER TYPES: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 38 OTHER TYPES: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
7 ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY
7.1 INTRODUCTION
FIGURE 38 ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY
FIGURE 39 MOLDED SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 39 ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 40 ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
7.2 MOLDED
7.2.1 SUITED TO MASS PRODUCTION OF HIGH-THERMAL STABILITY LENSES
FIGURE 40 GLASS TYPE TO DOMINATE MOLDED ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 41 MOLDED: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 42 MOLDED: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 43 MOLDED: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 44 MOLDED: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
7.3 POLISHED
7.3.1 WIDELY USED FOR PROTOTYPING AND LOW-VOLUME PRODUCTION
FIGURE 41 GLASS TYPE TO DOMINATE POLISHED ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 45 POLISHED: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 46 POLISHED: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 47 POLISHED: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 48 POLISHED: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
7.4 OTHER MANUFACTURING TECHNOLOGIES
7.4.1 INCREASINGLY USED TO CREATE PRECISE OPTICAL SURFACES
FIGURE 42 PLASTIC TYPE TO RECORD HIGHEST CAGR IN OTHERS SEGMENT DURING FORECAST PERIOD
TABLE 49 OTHER MANUFACTURING TECHNOLOGIES: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 50 OTHER MANUFACTURING TECHNOLOGIES: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 51 OTHER MANUFACTURING TECHNOLOGIES: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 52 OTHER MANUFACTURING TECHNOLOGIES: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
8 ASPHERICAL LENS MARKET, BY OFFERING
8.1 INTRODUCTION
FIGURE 43 ASPHERICAL LENS MARKET, BY OFFERING
FIGURE 44 DOUBLE ASPHERICAL LENS SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD
TABLE 53 ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 54 ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
8.2 SINGLE ASPHERICAL LENS
8.2.1 INCREASINGLY USED FOR OPHTHALMIC APPLICATIONS AND IN OPTICAL SYSTEMS
FIGURE 45 ASIA PACIFIC TO DOMINATE SINGLE ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 55 SINGLE ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 56 SINGLE ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 DOUBLE ASPHERICAL LENS
8.3.1 PROVIDES CLEAR AND PRECISE IMAGES
FIGURE 46 ASIA PACIFIC TO DOMINATE DOUBLE ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 57 DOUBLE ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 58 DOUBLE ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9 ASPHERICAL LENS MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 47 ASPHERICAL LENS MARKET, BY APPLICATION
FIGURE 48 OPHTHALMIC SEGMENT TO DOMINATE DURING FORECAST PERIOD
TABLE 59 ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 60 ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
9.2 DIGITAL CAMERAS
9.2.1 WIDE USE OF ASPHERICAL LENSES TO REDUCE ERRORS
TABLE 61 DIGITAL CAMERAS: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 62 DIGITAL CAMERAS: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 63 DIGITAL CAMERAS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 64 DIGITAL CAMERAS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 AUTOMOTIVE
9.3.1 GROWING USE OF ASPHERICAL LENSES IN SAFETY-CRITICAL DEVICES
TABLE 65 AUTOMOTIVE: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 66 AUTOMOTIVE: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 67 AUTOMOTIVE: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 68 AUTOMOTIVE: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 CONSUMER ELECTRONICS
9.4.1 RISING ADOPTION IN HIGH-END SMARTPHONES TO IMPROVE IMAGE QUALITY
TABLE 69 CONSUMER ELECTRONICS: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 70 CONSUMER ELECTRONICS: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 71 CONSUMER ELECTRONICS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 72 CONSUMER ELECTRONICS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.5 OPHTHALMIC
9.5.1 INCREASING USE OF ASPHERICAL LENSES IN DIAGNOSTIC INSTRUMENTS
TABLE 73 OPHTHALMIC: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 74 OPHTHALMIC: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 75 OPHTHALMIC: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 76 OPHTHALMIC: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.6 FIBER OPTICS & PHOTONICS
9.6.1 RISING DEMAND FROM TELECOMMUNICATIONS AND OTHER INDUSTRIES
TABLE 77 FIBER OPTICS & PHOTONICS: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 78 FIBER OPTICS & PHOTONICS: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 79 FIBER OPTICS & PHOTONICS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 80 FIBER OPTICS & PHOTONICS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.7 OTHERS
9.7.1 MULTIPLE APPLICATIONS OF ASPHERICAL LENSES TO BOOST MARKET
TABLE 81 OTHERS: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 82 OTHERS: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 83 OTHERS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 84 OTHERS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
10 GEOGRAPHIC ANALYSIS
10.1 INTRODUCTION
FIGURE 49 ASPHERICAL LENS MARKET, BY REGION
FIGURE 50 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 85 ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 86 ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 51 NORTH AMERICA: ASPHERICAL LENS MARKET SNAPSHOT
TABLE 87 NORTH AMERICA: ASPHERICAL LENS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 88 NORTH AMERICA: ASPHERICAL LENS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 89 NORTH AMERICA: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 90 NORTH AMERICA: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 91 NORTH AMERICA: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 92 NORTH AMERICA: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 93 NORTH AMERICA: ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 94 NORTH AMERICA: ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 95 NORTH AMERICA: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 96 NORTH AMERICA: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
10.2.1 US
10.2.1.1 Growing demand for automotive cameras and smartphones to drive market growth
10.2.2 CANADA
10.2.2.1 Increasing demand for aspherical lenses for ophthalmic applications to drive growth
10.2.3 MEXICO
10.2.3.1 Rising demand for video surveillance and automotive cameras to boost market
10.3 EUROPE
FIGURE 52 EUROPE: ASPHERICAL LENS MARKET SNAPSHOT
TABLE 97 EUROPE: ASPHERICAL LENS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 98 EUROPE: ASPHERICAL LENS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 99 EUROPE: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 100 EUROPE: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 101 EUROPE: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 102 EUROPE: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 103 EUROPE: ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 104 EUROPE: ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 105 EUROPE: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 106 EUROPE: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
10.3.1 UK
10.3.1.1 Increasing adoption of professional cameras to positively impact market
10.3.2 GERMANY
10.3.2.1 Rising demand for fiber optics & photonics to drive market
10.3.3 FRANCE
10.3.3.1 Government initiatives to encourage autonomous vehicles to fuel market growth
10.3.4 REST OF EUROPE
10.3.4.1 Growing need for camera-based safety features in vehicles to boost demand
10.4 ASIA PACIFIC
FIGURE 53 ASIA PACIFIC: ASPHERICAL LENS MARKET SNAPSHOT
TABLE 107 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 108 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 109 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 110 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 111 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 112 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 113 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 114 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 115 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 116 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Increasing use of aspherical lenses in smartphones to drive market
10.4.2 JAPAN
10.4.2.1 Increasing demand for self-driving vehicles to boost market
10.4.3 SOUTH KOREA
10.4.3.1 Rising security concerns to fuel demand for aspherical lenses
10.4.4 REST OF ASIA PACIFIC
10.4.4.1 Increasing incidence of eye disease in geriatric population to drive demand
10.5 REST OF THE WORLD
FIGURE 54 ROW: ASPHERICAL LENS MARKET SNAPSHOT
TABLE 117 ROW: ASPHERICAL LENS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 118 ROW: ASPHERICAL LENS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 119 ROW: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 120 ROW: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 121 ROW: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 122 ROW: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 123 ROW: ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 124 ROW: ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 125 ROW: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 126 ROW: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
10.5.1 MIDDLE EAST & AFRICA
10.5.1.1 Digital transformation measures to drive market
10.5.2 SOUTH AMERICA
10.5.2.1 Increasing demand for smartphones and high-end cameras to propel market growth
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN
TABLE 127 OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS
11.2.1 PRODUCT PORTFOLIO
11.2.2 REGIONAL FOCUS
11.2.3 ORGANIC/INORGANIC GROWTH STRATEGIES
11.3 MARKET SHARE ANALYSIS, 2022
TABLE 128 ASPHERICAL LENS MARKET: DEGREE OF COMPETITION
11.4 REVENUE ANALYSIS OF TOP PLAYERS IN ASPHERICAL LENS MARKET
FIGURE 55 THREE-YEAR REVENUE ANALYSIS OF TOP PLAYERS IN ASPHERICAL LENS MARKET
11.5 COMPANY EVALUATION QUADRANT
11.5.1 STARS
11.5.2 PERVASIVE PLAYERS
11.5.3 EMERGING LEADERS
11.5.4 PARTICIPANTS
FIGURE 56 ASPHERICAL LENS MARKET: COMPANY EVALUATION QUADRANT, 2021
11.6 STARTUP/SME EVALUATION QUADRANT
11.6.1 PROGRESSIVE COMPANIES
11.6.2 RESPONSIVE COMPANIES
11.6.3 DYNAMIC COMPANIES
11.6.4 STARTING BLOCKS
FIGURE 57 ASPHERICAL LENS MARKET: STARTUP/SME EVALUATION QUADRANT, 2021
11.7 COMPANY FOOTPRINT
TABLE 129 COMPANY FOOTPRINT
TABLE 130 TYPE FOOTPRINT OF COMPANIES
TABLE 131 OFFERING FOOTPRINT OF COMPANIES
TABLE 132 MANUFACTURING TECHNOLOGY FOOTPRINT OF COMPANIES
TABLE 133 APPLICATION FOOTPRINT OF COMPANIES
TABLE 134 REGION FOOTPRINT OF COMPANIES
TABLE 135 ASPHERICAL LENS MARKET: KEY STARTUPS/SMES
TABLE 136 ASPHERICAL LENS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.8 COMPETITIVE SITUATIONS AND TRENDS
11.8.1 PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 137 ASPHERICAL LENS MARKET: PRODUCT LAUNCHES & DEVELOPMENTS, JANUARY 2019–JANUARY 2023
11.8.2 DEALS
TABLE 138 ASPHERICAL LENS MARKET: DEALS, JANUARY 2019–JANUARY 2023
12 COMPANY PROFILES
12.1 KEY PLAYERS
(Business Overview, Products/Services/Solutions Offered, Recent Developments, MnM View)*
12.1.1 NIKON CORPORATION
TABLE 139 NIKON CORPORATION: COMPANY OVERVIEW
FIGURE 58 NIKON CORPORATION: COMPANY SNAPSHOT
TABLE 140 NIKON CORPORATION: PRODUCT LAUNCHES
TABLE 141 NIKON CORPORATION: DEALS
12.1.2 CANON INC.
TABLE 142 CANON INC.: COMPANY OVERVIEW
FIGURE 59 CANON INC.: COMPANY SNAPSHOT
TABLE 143 CANON INC.: PRODUCT LAUNCHES
TABLE 144 CANON INC.: DEALS
12.1.3 PANASONIC HOLDING CORPORATION
TABLE 145 PANASONIC HOLDING CORPORATION: COMPANY OVERVIEW
FIGURE 60 PANASONIC HOLDING CORPORATION: COMPANY SNAPSHOT
TABLE 146 PANASONIC HOLDING CORPORATION: PRODUCT LAUNCHES
TABLE 147 PANASONIC HOLDING CORPORATION: DEALS
12.1.4 HOYA CORPORATION
TABLE 148 HOYA CORPORATION: COMPANY OVERVIEW
FIGURE 61 HOYA CORPORATION: COMPANY SNAPSHOT
12.1.5 AGC INC.
TABLE 149 AGC INC.: COMPANY OVERVIEW
FIGURE 62 AGC INC.: COMPANY SNAPSHOT
TABLE 150 AGC INC.: DEALS
12.1.6 SCHOTT
TABLE 151 SCHOTT: COMPANY OVERVIEW
FIGURE 63 SCHOTT: COMPANY SNAPSHOT
TABLE 152 SCHOTT: DEALS
12.1.7 ZEISS INTERNATIONAL
TABLE 153 ZEISS INTERNATIONAL: COMPANY OVERVIEW
FIGURE 64 ZEISS INTERNATIONAL: COMPANY SNAPSHOT
TABLE 154 ZEISS INTERNATIONAL: PRODUCT LAUNCHES
12.1.8 TOKAI OPTICAL
TABLE 155 TOKAI OPTICAL: COMPANY OVERVIEW
TABLE 156 TOKAI OPTICAL: PRODUCT LAUNCHES
12.1.9 SEIKO OPTICAL PRODUCTS CO., LTD.
TABLE 157 SEIKO OPTICAL PRODUCTS CO., LTD.: COMPANY OVERVIEW
12.1.10 CALIN TECHNOLOGY CO., LTD.
TABLE 158 CALIN TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
FIGURE 65 CALIN TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
* Business Overview, Products/Services/Solutions Offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 LARGAN PRECISION CO., LTD.
12.2.2 GENIUS ELECTRONIC OPTICAL
12.2.3 ASIA OPTICAL CO., INC.
12.2.4 SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED
12.2.5 MINGYUE OPTICAL LENS CO., LTD.
12.2.6 ZHEJIANG LANTE OPTICS CO., LTD
12.2.7 ESCO OPTICS, INC.
12.2.8 SHANGHAI OPTICS
12.2.9 LIGHTPATH TECHNOLOGIES, INC
12.2.10 HYPERION OPTICS
12.2.11 KNIGHT OPTICAL
12.2.12 DG OPTOELECTRONICS
12.2.13 SUMITA OPTICAL GLASS INC.
12.2.14 ESSILOR INTERNATIONAL
12.2.15 JENOPTIK AG
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 SCOPE OF STUDY
1.3.1 MARKETS COVERED
FIGURE 1 ASPHERICAL LENS MARKET SEGMENTATION
1.4 GEOGRAPHIC SCOPE
1.4.1 YEARS CONSIDERED
1.5 CURRENCY AND PRICING
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.7.1 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
2.1.3 SECONDARY & PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach used to arrive at market size from supply side
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
2.6 RISK ASSESSMENT
2.6.1 RECESSION IMPACT
3 EXECUTIVE SUMMARY
3.1 RECESSION ANALYSIS
FIGURE 6 GDP GROWTH PROJECTION FOR MAJOR ECONOMIES TILL 2023
FIGURE 7 GLASS SEGMENT TO HOLD LARGEST SHARE OF ASPHERICAL LENS MARKET DURING FORECAST PERIOD
FIGURE 8 MOLDED SEGMENT TO DOMINATE ASPHERICAL LENS MARKET DURING FORECAST PERIOD
FIGURE 9 DOUBLE ASPHERICAL LENS SEGMENT TO RECORD HIGHER CAGR FROM 2023 TO 2028
FIGURE 10 OPHTHALMIC APPLICATION TO HOLD LARGEST MARKET SHARE IN FORECAST PERIOD
FIGURE 11 ASIA PACIFIC HELD LARGEST SHARE OF ASPHERICAL LENS MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ASPHERICAL LENS MARKET
FIGURE 12 INCREASING DEMAND FROM OPHTHALMIC AND CONSUMER ELECTRONICS APPLICATIONS TO FUEL GROWTH OF ASPHERICAL LENS MARKET
4.2 ASPHERICAL LENS MARKET, BY TYPE
FIGURE 13 GLASS SEGMENT HELD LARGEST SHARE OF ASPHERICAL LENS MARKET IN 2022
4.3 ASPHERICAL LENS MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY
FIGURE 14 OPHTHALMIC APPLICATION AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC ASPHERICAL LENS MARKET IN 2022
4.4 ASPHERICAL LENS MARKET, BY COUNTRY
FIGURE 15 US TO DOMINATE ASPHERICAL LENS SERVICES MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 ASPHERICAL LENS MARKET: DYNAMICS
5.2.1 DRIVERS
FIGURE 17 ASPHERICAL LENS MARKET DRIVERS: IMPACT ANALYSIS
5.2.1.1 Increasing use of aspherical lenses in optical instruments and ophthalmic applications
5.2.1.2 Rising demand for aspherical lenses for use in digital cameras
5.2.1.3 Increasing application in high-end smartphone cameras
5.2.1.4 Growing adoption in automotive sector
5.2.2 RESTRAINTS
FIGURE 18 ASPHERICAL LENS MARKET RESTRAINTS: IMPACT ANALYSIS
5.2.2.1 High production cost
5.2.3 OPPORTUNITIES
FIGURE 19 ASPHERICAL LENS MARKET OPPORTUNITIES: IMPACT ANALYSIS
5.2.3.1 Growing use of infrared aspherical lenses in security and surveillance cameras
5.2.3.2 Rising demand for medical imaging
5.2.4 CHALLENGES
FIGURE 20 ASPHERICAL LENS MARKET CHALLENGES: IMPACT ANALYSIS
5.2.4.1 Complexity of design and manufacturing processes
5.3 VALUE CHAIN ANALYSIS
FIGURE 21 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED BY MANUFACTURERS AND ASSEMBLY & PACKAGING TEAMS
5.4 ECOSYSTEM ANALYSIS
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS/BUYERS
FIGURE 22 REVENUE SHIFT IN ASPHERICAL LENS MARKET
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE (ASP) OF VARIOUS ASPHERICAL LENSES
TABLE 1 AVERAGE SELLING PRICE OF VARIOUS ASPHERICAL LENSES, BY TYPE
FIGURE 23 AVERAGE SELLING PRICE OF KEY GLASS ASPHERICAL LENS MANUFACTURERS (USD)
TABLE 2 AVERAGE SELLING PRICE OF KEY GLASS ASPHERICAL LENS MANUFACTURERS (USD)
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TRENDS IN ASPHERICAL LENS MARKET
5.7.1.1 Augmented reality microscopes and aspherical lenses
5.7.1.2 Contact lenses as drug delivery devices
5.8 CASE STUDY ANALYSIS
5.8.1 OPTIPRO SYSTEMS HELPS OPTIMIZE LENS POLISHING FOR KREISCHER OPTICS
5.8.2 VISION OPTICS PROVIDES ASPHERICAL LENSES FOR AUTO HEAD-UP DISPLAY (HUD) SYSTEM
5.9 PATENT ANALYSIS
FIGURE 24 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 3 TOP 20 PATENT OWNERS IN LAST 10 YEARS
FIGURE 25 NUMBER OF PATENTS GRANTED PER YEAR FROM 2012 TO 2022
5.9.1 MAJOR PATENTS
TABLE 4 MAJOR PATENTS IN ASPHERICAL LENS MARKET
5.10 TRADE AND TARIFF ANALYSIS
5.10.1 TRADE ANALYSIS
FIGURE 26 IMPORT DATA FOR HS CODE 900211, BY COUNTRY, 2017–2021 (USD THOUSAND)
FIGURE 27 EXPORT DATA FOR HS CODE 900211, BY COUNTRY, 2017–2021 (USD THOUSAND)
FIGURE 28 IMPORT DATA FOR HS CODE 900490, BY COUNTRY, 2017–2021 (USD THOUSAND)
FIGURE 29 EXPORT DATA FOR HS CODE 900490, BY COUNTRY, 2017–2021 (USD THOUSAND)
5.10.2 TARIFF ANALYSIS
TABLE 5 MFN TARIFF FOR HS CODE 900211-COMPLIANT PRODUCTS EXPORTED BY US
TABLE 6 MFN TARIFF FOR HS CODE 900211-COMPLIANT PRODUCTS EXPORTED BY CHINA
TABLE 7 MFN TARIFF FOR HS CODE 900490-COMPLIANT PRODUCTS EXPORTED BY US
TABLE 8 MFN TARIFF FOR HS CODE 900490-COMPLIANT PRODUCTS EXPORTED BY CHINA
5.11 KEY STAKEHOLDERS & BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
5.11.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 10 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 32 PORTER’S FIVE FORCES ANALYSIS, 2022
TABLE 11 ASPHERICAL LENS MARKET: PORTER’S FIVE FORCES ANALYSIS
5.12.1 INTENSITY OF COMPETITIVE RIVALRY
5.12.2 THREAT OF SUBSTITUTES
5.12.3 BARGAINING POWER OF BUYERS
5.12.4 BARGAINING POWER OF SUPPLIERS
5.12.5 THREAT OF NEW ENTRANTS
5.13 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 12 ASPHERICAL LENS MARKET: CONFERENCES AND EVENTS
5.14 REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS RELATED TO ASPHERICAL LENS MARKET
TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 STANDARDS AND REGULATIONS RELATED TO ASPHERICAL LENSES
TABLE 16 NORTH AMERICA: SAFETY STANDARDS FOR ASPHERICAL LENS MARKET
TABLE 17 EUROPE: SAFETY STANDARDS FOR ASPHERICAL LENS MARKET
TABLE 18 ASIA PACIFIC: SAFETY STANDARDS FOR ASPHERICAL LENS MARKET
6 ASPHERICAL LENS MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 33 ASPHERICAL LENS MARKET, BY TYPE
FIGURE 34 PLASTIC SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 19 ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 20 ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.2 GLASS ASPHERICAL LENS
6.2.1 INCREASINGLY USED IN CAMERAS, AND AUTOMOTIVE AND SURVEILLANCE APPLICATIONS
FIGURE 35 MOLDED MANUFACTURING TECHNOLOGY TO DOMINATE GLASS ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 21 GLASS: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 22 GLASS: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 23 GLASS: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 24 GLASS: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 25 GLASS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 26 GLASS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
6.3 PLASTIC ASPHERICAL LENS
6.3.1 LIGHT AND CHEAP OPTION USED IN VARIOUS APPLICATIONS
FIGURE 36 MOLDED MANUFACTURING TECHNOLOGY TO DOMINATE PLASTIC ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 27 PLASTIC: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 28 PLASTIC: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 29 PLASTIC: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 30 PLASTIC: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 31 PLASTIC: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 32 PLASTIC: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
6.4 OTHER TYPES
FIGURE 37 MOLDED MANUFACTURING TECHNOLOGY TO DOMINATE OTHERS SEGMENT OF ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 33 OTHER TYPES: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 34 OTHER TYPES: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 35 OTHER TYPES: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 36 OTHER TYPES: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 37 OTHER TYPES: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 38 OTHER TYPES: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
7 ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY
7.1 INTRODUCTION
FIGURE 38 ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY
FIGURE 39 MOLDED SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 39 ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 40 ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
7.2 MOLDED
7.2.1 SUITED TO MASS PRODUCTION OF HIGH-THERMAL STABILITY LENSES
FIGURE 40 GLASS TYPE TO DOMINATE MOLDED ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 41 MOLDED: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 42 MOLDED: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 43 MOLDED: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 44 MOLDED: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
7.3 POLISHED
7.3.1 WIDELY USED FOR PROTOTYPING AND LOW-VOLUME PRODUCTION
FIGURE 41 GLASS TYPE TO DOMINATE POLISHED ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 45 POLISHED: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 46 POLISHED: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 47 POLISHED: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 48 POLISHED: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
7.4 OTHER MANUFACTURING TECHNOLOGIES
7.4.1 INCREASINGLY USED TO CREATE PRECISE OPTICAL SURFACES
FIGURE 42 PLASTIC TYPE TO RECORD HIGHEST CAGR IN OTHERS SEGMENT DURING FORECAST PERIOD
TABLE 49 OTHER MANUFACTURING TECHNOLOGIES: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 50 OTHER MANUFACTURING TECHNOLOGIES: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 51 OTHER MANUFACTURING TECHNOLOGIES: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 52 OTHER MANUFACTURING TECHNOLOGIES: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
8 ASPHERICAL LENS MARKET, BY OFFERING
8.1 INTRODUCTION
FIGURE 43 ASPHERICAL LENS MARKET, BY OFFERING
FIGURE 44 DOUBLE ASPHERICAL LENS SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD
TABLE 53 ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 54 ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
8.2 SINGLE ASPHERICAL LENS
8.2.1 INCREASINGLY USED FOR OPHTHALMIC APPLICATIONS AND IN OPTICAL SYSTEMS
FIGURE 45 ASIA PACIFIC TO DOMINATE SINGLE ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 55 SINGLE ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 56 SINGLE ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 DOUBLE ASPHERICAL LENS
8.3.1 PROVIDES CLEAR AND PRECISE IMAGES
FIGURE 46 ASIA PACIFIC TO DOMINATE DOUBLE ASPHERICAL LENS MARKET DURING FORECAST PERIOD
TABLE 57 DOUBLE ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 58 DOUBLE ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9 ASPHERICAL LENS MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 47 ASPHERICAL LENS MARKET, BY APPLICATION
FIGURE 48 OPHTHALMIC SEGMENT TO DOMINATE DURING FORECAST PERIOD
TABLE 59 ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 60 ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
9.2 DIGITAL CAMERAS
9.2.1 WIDE USE OF ASPHERICAL LENSES TO REDUCE ERRORS
TABLE 61 DIGITAL CAMERAS: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 62 DIGITAL CAMERAS: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 63 DIGITAL CAMERAS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 64 DIGITAL CAMERAS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 AUTOMOTIVE
9.3.1 GROWING USE OF ASPHERICAL LENSES IN SAFETY-CRITICAL DEVICES
TABLE 65 AUTOMOTIVE: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 66 AUTOMOTIVE: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 67 AUTOMOTIVE: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 68 AUTOMOTIVE: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 CONSUMER ELECTRONICS
9.4.1 RISING ADOPTION IN HIGH-END SMARTPHONES TO IMPROVE IMAGE QUALITY
TABLE 69 CONSUMER ELECTRONICS: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 70 CONSUMER ELECTRONICS: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 71 CONSUMER ELECTRONICS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 72 CONSUMER ELECTRONICS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.5 OPHTHALMIC
9.5.1 INCREASING USE OF ASPHERICAL LENSES IN DIAGNOSTIC INSTRUMENTS
TABLE 73 OPHTHALMIC: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 74 OPHTHALMIC: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 75 OPHTHALMIC: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 76 OPHTHALMIC: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.6 FIBER OPTICS & PHOTONICS
9.6.1 RISING DEMAND FROM TELECOMMUNICATIONS AND OTHER INDUSTRIES
TABLE 77 FIBER OPTICS & PHOTONICS: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 78 FIBER OPTICS & PHOTONICS: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 79 FIBER OPTICS & PHOTONICS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 80 FIBER OPTICS & PHOTONICS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.7 OTHERS
9.7.1 MULTIPLE APPLICATIONS OF ASPHERICAL LENSES TO BOOST MARKET
TABLE 81 OTHERS: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 82 OTHERS: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 83 OTHERS: ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 84 OTHERS: ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
10 GEOGRAPHIC ANALYSIS
10.1 INTRODUCTION
FIGURE 49 ASPHERICAL LENS MARKET, BY REGION
FIGURE 50 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 85 ASPHERICAL LENS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 86 ASPHERICAL LENS MARKET, BY REGION, 2023–2028 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 51 NORTH AMERICA: ASPHERICAL LENS MARKET SNAPSHOT
TABLE 87 NORTH AMERICA: ASPHERICAL LENS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 88 NORTH AMERICA: ASPHERICAL LENS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 89 NORTH AMERICA: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 90 NORTH AMERICA: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 91 NORTH AMERICA: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 92 NORTH AMERICA: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 93 NORTH AMERICA: ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 94 NORTH AMERICA: ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 95 NORTH AMERICA: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 96 NORTH AMERICA: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
10.2.1 US
10.2.1.1 Growing demand for automotive cameras and smartphones to drive market growth
10.2.2 CANADA
10.2.2.1 Increasing demand for aspherical lenses for ophthalmic applications to drive growth
10.2.3 MEXICO
10.2.3.1 Rising demand for video surveillance and automotive cameras to boost market
10.3 EUROPE
FIGURE 52 EUROPE: ASPHERICAL LENS MARKET SNAPSHOT
TABLE 97 EUROPE: ASPHERICAL LENS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 98 EUROPE: ASPHERICAL LENS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 99 EUROPE: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 100 EUROPE: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 101 EUROPE: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 102 EUROPE: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 103 EUROPE: ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 104 EUROPE: ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 105 EUROPE: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 106 EUROPE: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
10.3.1 UK
10.3.1.1 Increasing adoption of professional cameras to positively impact market
10.3.2 GERMANY
10.3.2.1 Rising demand for fiber optics & photonics to drive market
10.3.3 FRANCE
10.3.3.1 Government initiatives to encourage autonomous vehicles to fuel market growth
10.3.4 REST OF EUROPE
10.3.4.1 Growing need for camera-based safety features in vehicles to boost demand
10.4 ASIA PACIFIC
FIGURE 53 ASIA PACIFIC: ASPHERICAL LENS MARKET SNAPSHOT
TABLE 107 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 108 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 109 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 110 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 111 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 112 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 113 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 114 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 115 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 116 ASIA PACIFIC: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Increasing use of aspherical lenses in smartphones to drive market
10.4.2 JAPAN
10.4.2.1 Increasing demand for self-driving vehicles to boost market
10.4.3 SOUTH KOREA
10.4.3.1 Rising security concerns to fuel demand for aspherical lenses
10.4.4 REST OF ASIA PACIFIC
10.4.4.1 Increasing incidence of eye disease in geriatric population to drive demand
10.5 REST OF THE WORLD
FIGURE 54 ROW: ASPHERICAL LENS MARKET SNAPSHOT
TABLE 117 ROW: ASPHERICAL LENS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 118 ROW: ASPHERICAL LENS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 119 ROW: ASPHERICAL LENS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 120 ROW: ASPHERICAL LENS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 121 ROW: ASPHERICAL LENS MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 122 ROW: ASPHERICAL LENS MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 123 ROW: ASPHERICAL LENS MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 124 ROW: ASPHERICAL LENS MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 125 ROW: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 126 ROW: ASPHERICAL LENS MARKET, BY MANUFACTURING TECHNOLOGY, 2023–2028 (USD MILLION)
10.5.1 MIDDLE EAST & AFRICA
10.5.1.1 Digital transformation measures to drive market
10.5.2 SOUTH AMERICA
10.5.2.1 Increasing demand for smartphones and high-end cameras to propel market growth
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN
TABLE 127 OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS
11.2.1 PRODUCT PORTFOLIO
11.2.2 REGIONAL FOCUS
11.2.3 ORGANIC/INORGANIC GROWTH STRATEGIES
11.3 MARKET SHARE ANALYSIS, 2022
TABLE 128 ASPHERICAL LENS MARKET: DEGREE OF COMPETITION
11.4 REVENUE ANALYSIS OF TOP PLAYERS IN ASPHERICAL LENS MARKET
FIGURE 55 THREE-YEAR REVENUE ANALYSIS OF TOP PLAYERS IN ASPHERICAL LENS MARKET
11.5 COMPANY EVALUATION QUADRANT
11.5.1 STARS
11.5.2 PERVASIVE PLAYERS
11.5.3 EMERGING LEADERS
11.5.4 PARTICIPANTS
FIGURE 56 ASPHERICAL LENS MARKET: COMPANY EVALUATION QUADRANT, 2021
11.6 STARTUP/SME EVALUATION QUADRANT
11.6.1 PROGRESSIVE COMPANIES
11.6.2 RESPONSIVE COMPANIES
11.6.3 DYNAMIC COMPANIES
11.6.4 STARTING BLOCKS
FIGURE 57 ASPHERICAL LENS MARKET: STARTUP/SME EVALUATION QUADRANT, 2021
11.7 COMPANY FOOTPRINT
TABLE 129 COMPANY FOOTPRINT
TABLE 130 TYPE FOOTPRINT OF COMPANIES
TABLE 131 OFFERING FOOTPRINT OF COMPANIES
TABLE 132 MANUFACTURING TECHNOLOGY FOOTPRINT OF COMPANIES
TABLE 133 APPLICATION FOOTPRINT OF COMPANIES
TABLE 134 REGION FOOTPRINT OF COMPANIES
TABLE 135 ASPHERICAL LENS MARKET: KEY STARTUPS/SMES
TABLE 136 ASPHERICAL LENS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.8 COMPETITIVE SITUATIONS AND TRENDS
11.8.1 PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 137 ASPHERICAL LENS MARKET: PRODUCT LAUNCHES & DEVELOPMENTS, JANUARY 2019–JANUARY 2023
11.8.2 DEALS
TABLE 138 ASPHERICAL LENS MARKET: DEALS, JANUARY 2019–JANUARY 2023
12 COMPANY PROFILES
12.1 KEY PLAYERS
(Business Overview, Products/Services/Solutions Offered, Recent Developments, MnM View)*
12.1.1 NIKON CORPORATION
TABLE 139 NIKON CORPORATION: COMPANY OVERVIEW
FIGURE 58 NIKON CORPORATION: COMPANY SNAPSHOT
TABLE 140 NIKON CORPORATION: PRODUCT LAUNCHES
TABLE 141 NIKON CORPORATION: DEALS
12.1.2 CANON INC.
TABLE 142 CANON INC.: COMPANY OVERVIEW
FIGURE 59 CANON INC.: COMPANY SNAPSHOT
TABLE 143 CANON INC.: PRODUCT LAUNCHES
TABLE 144 CANON INC.: DEALS
12.1.3 PANASONIC HOLDING CORPORATION
TABLE 145 PANASONIC HOLDING CORPORATION: COMPANY OVERVIEW
FIGURE 60 PANASONIC HOLDING CORPORATION: COMPANY SNAPSHOT
TABLE 146 PANASONIC HOLDING CORPORATION: PRODUCT LAUNCHES
TABLE 147 PANASONIC HOLDING CORPORATION: DEALS
12.1.4 HOYA CORPORATION
TABLE 148 HOYA CORPORATION: COMPANY OVERVIEW
FIGURE 61 HOYA CORPORATION: COMPANY SNAPSHOT
12.1.5 AGC INC.
TABLE 149 AGC INC.: COMPANY OVERVIEW
FIGURE 62 AGC INC.: COMPANY SNAPSHOT
TABLE 150 AGC INC.: DEALS
12.1.6 SCHOTT
TABLE 151 SCHOTT: COMPANY OVERVIEW
FIGURE 63 SCHOTT: COMPANY SNAPSHOT
TABLE 152 SCHOTT: DEALS
12.1.7 ZEISS INTERNATIONAL
TABLE 153 ZEISS INTERNATIONAL: COMPANY OVERVIEW
FIGURE 64 ZEISS INTERNATIONAL: COMPANY SNAPSHOT
TABLE 154 ZEISS INTERNATIONAL: PRODUCT LAUNCHES
12.1.8 TOKAI OPTICAL
TABLE 155 TOKAI OPTICAL: COMPANY OVERVIEW
TABLE 156 TOKAI OPTICAL: PRODUCT LAUNCHES
12.1.9 SEIKO OPTICAL PRODUCTS CO., LTD.
TABLE 157 SEIKO OPTICAL PRODUCTS CO., LTD.: COMPANY OVERVIEW
12.1.10 CALIN TECHNOLOGY CO., LTD.
TABLE 158 CALIN TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
FIGURE 65 CALIN TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
* Business Overview, Products/Services/Solutions Offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 LARGAN PRECISION CO., LTD.
12.2.2 GENIUS ELECTRONIC OPTICAL
12.2.3 ASIA OPTICAL CO., INC.
12.2.4 SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED
12.2.5 MINGYUE OPTICAL LENS CO., LTD.
12.2.6 ZHEJIANG LANTE OPTICS CO., LTD
12.2.7 ESCO OPTICS, INC.
12.2.8 SHANGHAI OPTICS
12.2.9 LIGHTPATH TECHNOLOGIES, INC
12.2.10 HYPERION OPTICS
12.2.11 KNIGHT OPTICAL
12.2.12 DG OPTOELECTRONICS
12.2.13 SUMITA OPTICAL GLASS INC.
12.2.14 ESSILOR INTERNATIONAL
12.2.15 JENOPTIK AG
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
