Optical Lens Edger Market: Global Industrial Analysis and Forecast (2023-2029)

Optical Lens Edger Market is expected to reach US$ 763.04 Mn. by 2029, at a CAGR of 5.42% during the forecast period.

Optical Lens Edger Market Introduction

The Optical Lens Edger is a tool that cuts optical lenses to the dimensions specified by the tracer, making lens fitting for any frame easier. As a result of technological advancements in the market, automatic pattern-less lens edgers, are gaining popularity for the lens edging process and are expected to drive the growth of the optical lens edger industry, have been produced.Optical Lens Edger Market To know about the Research Methodology :- Request Free Sample Report

Optical Lens Edger Market Dynamics

The optical lens edger market is expected to grow at the fastest pace over the forecast period due to the rising incidence of eye problems. According to the World Health Organization (WHO), almost 1.3 billion people worldwide have some kind of vision impairment with respect to distance vision, 188.5 million having mild vision impairment, 217 million have moderate to extreme vision impairment, and 36 million blind. The use of visual media and the increasing population is directly proportional to the incidence and prevalence of vision impairment. If the general population's average screen time increases, the incidence of visual conditions will rise in lockstep, rising demand for corrective eyeglasses. Moreover, lens processing speed, auto-calibration, and hassle-free use are only a few of the features that companies have prioritized. A growing number of businesses are concentrating their efforts on continuous improvement of these parameters through innovation. A significant development in the global market is the adoption of technologies that aid in the optimization of the entire workflow. The demand from industrial producers for high-quality finishes on new optical instruments is expected to boost the market. The booming camera industry is another important factor driving the market for lens edges. The camera industry is booming all over the world, thanks to the growing popularity of visual media and the rise of image sharing as a primary mode of communication. As a result, demand for cameras and visualization lenses has increased around the world, promoting the development of the optical lens edges industry.

Segment Analysis

The design and construction of optical lens edging machines is becoming increasingly simple as their operations become more automated. This allows for less manual intervention, resulting in a faster-edging operation. A built-in 3-D drilling system is controlled by a 5-axis mechanism on the machines. The major driving factors that boost the market growth of the segment are the increasing vision impairment patient pool and increasing demand of the edgers in photography and Ophthalmology industries. In 2021, the category Eyeglass Lenses accounted for 42% of the Eyewear sales. By 2023, global revenue is forecast to reach US$59 billion, up from US$55 billion in 2021. Glasses are no longer just for vision correction; they've evolved into a fashion statement. On the other side, as living standards rise, people are more likely to own a variety of contact lenses and glasses so they can keep up with the latest fashion trends. Furthermore, with the number of online stores, purchasing glasses has become easier and more convenient.

Optical Lens Edger Market Regional Insights

Due to factors such as a rising number of geriatric populations and a growing patient pool in the world, the United States has the largest market share in the North America region. Other factors driving the demand in this area include well-established insurance plans and the availability of advanced healthcare facilities. Revenue in the Spectacle Lenses segment in the US amounts to US$16,345m in 2021. In terms of global sales, the United States (US$11,198m in 2021) generates the most.

Global Optical Lens Edger Market Report Scope:Inquire before buying

Global Optical Lens Edger Market
Base Year 2022 Forecast Period 2023-2029
Historical Data CAGR Market Size in 2022 Market Size in 2029
2018 to 2022 5.42% US$ 527.33 Mn US$ 763.04 Mn
Segments Covered
by Type Manual Optical Lens Edger Automatic Optical Lens Edger Semi-automatic Optical Lens Edger by Application Eyeglass Lens Microscope Lens Camera Lens Others (telescope and binoculars) by End User Hospitals Eye Health Center Research Institutes Others
Regions Covered
North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America

Key Players are:

1. Essilor International S.A 2. Topcon Corporation 3. NIDEK CO., LTD 4. Coburn Technologies Inc 5. Huvitz Corp 6. San Huei 7. SUZHOU SANICAL 8. Crosstex 9. Uvex 10.Gerson 11.Honeywell 12.Shanghai Dasheng 13.Sinotextiles 14.Chaomei Daily Chemicals 15.Powecom 16.3M Frequently Asked questions 1. What is the market size of the Global Optical Lens Edger Market in 2022? Ans. The market size Global Optical Lens Edger Market in 2022 was US$ 527.33 Million. 2. What are the different segments of the Global Optical Lens Edger Market ? Ans. The Global market is divided into Type and Application. 3. What is the study period of this market? Ans. The Global Optical Lens Edger Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Optical Lens Edger Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Optical Lens Edger Market ? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Global Optical Lens Edger Market: Research Methodology 2. Global Optical Lens Edger Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Optical Lens Edger Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Optical Lens Edger Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Optical Lens Edger Market Segmentation 4.1 Global Optical Lens Edger Market, by Type (2022-2029) • Manual Optical Lens Edger • Automatic Optical Lens Edger • Semi-automatic Optical Lens Edger 4.2 Global Optical Lens Edger Market, by Application (2022-2029) • Eyeglass Lens • Microscope Lens • Camera Lens • Others (telescope and binoculars) 4.3 Global Optical Lens Edger Market, by End User (2022-2029) • Hospitals • Eye Health Center • Research Institutes • Others 5. North America Optical Lens Edger Market(2022-2029) 5.1 North America Optical Lens Edger Market, by Type (2022-2029) • Manual Optical Lens Edger • Automatic Optical Lens Edger • Semi-automatic Optical Lens Edger 5.2 North America Optical Lens Edger Market, by Application (2022-2029) • Eyeglass Lens • Microscope Lens • Camera Lens • Others (telescope and binoculars) 5.3 North America Optical Lens Edger Market, by End User (2022-2029) • Hospitals • Eye Health Center • Research Institutes • Others 5.4 North America Optical Lens Edger Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Optical Lens Edger Market (2022-2029) 6.1. European Optical Lens Edger Market, by Type (2022-2029) 6.2. European Optical Lens Edger Market, by Application (2022-2029) 6.3. European Optical Lens Edger Market, by End User (2022-2029) 6.4. European Optical Lens Edger Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Optical Lens Edger Market (2022-2029) 7.1. Asia Pacific Optical Lens Edger Market, by Type (2022-2029) 7.2. Asia Pacific Optical Lens Edger Market, by Application (2022-2029) 7.3. Asia Pacific Optical Lens Edger Market, by End User (2022-2029) 7.4. Asia Pacific Optical Lens Edger Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Optical Lens Edger Market (2022-2029) 8.1 Middle East and Africa Optical Lens Edger Market, by Type (2022-2029) 8.2. Middle East and Africa Optical Lens Edger Market, by Application (2022-2029) 8.3. Middle East and Africa Optical Lens Edger Market, by End User (2022-2029) 8.4. Middle East and Africa Optical Lens Edger Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Optical Lens Edger Market (2022-2029) 9.1. South America Optical Lens Edger Market, by Type (2022-2029) 9.2. South America Optical Lens Edger Market, by Application (2022-2029) 9.3. South America Optical Lens Edger Market, by End User (2022-2029) 9.4 South America Optical Lens Edger Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Essilor International S.A 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Topcon Corporation 10.3 NIDEK CO., LTD 10.4 Coburn Technologies Inc 10.5 Huvitz Corp 10.6 San Huei 10.7 SUZHOU SANICAL 10.8 Crosstex 10.9 Uvex 10.10 Gerson 10.11 Honeywell 10.12 Shanghai Dasheng 10.13 Sinotextiles 10.14 Chaomei Daily Chemicals 10.15 Powecom 10.16 3M
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