Tuesday, 17 July 2018

Market Study of Optical Instruments and Lens Manufacturing Market in Global Industry 2018-2022

ResearchMoz presents professional and in-depth study of "Optical Instruments and Lens Manufacturing: Global Markets to 2022".

The global optical instruments and lens manufacturing market totaled $19.1 billion in 2017 and is estimated to reach $27.0 billion by 2022, growing at a compound annual growth rate (CAGR) of 7.3% for the period of 2017-2022.

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Global optical instrument and lens market growth outlook is positive with significant growth potential for high resolution camera lenses, specialized binoculars for wild life tourists and militaries. There is mounting pressure to reduce costs, improve quality and satisfy customers as it has been moving from a provider-driven model to a consumer-driven model. At the same time, emerging market growth, rapid growth in wild life tourism, rising disposable income, rapid urbanization, rising population, technological
advances are driving the optical instrument and lens market.

The market for optical instruments and lens reached a value of nearly REDACTED in 2017 and is expected to grow at a compound annual growth rate (CAGR) of REDACTED to nearly REDACTED by 2022. The market for optical instruments and lens is highly fragmented with a few large players dominating the market. Major players in the market include Nikon, Canon, Olympus Corporation, Carl Zeiss and others.

Optical instruments accounted for the largest share of the market for optical instruments and lenses in 2017 at REDACTED. The highest growth is projected to come from interchangeable camera lenses, which isforecasted to grow at a CAGR of REDACTED.

Asia Pacific is the largest market for optical instruments and lens, accounting for REDACTED of the global market. It was followed by North America, and Western Europe. Going forward, North America is expected to witness the fastest growth in the optical instruments and lens market, estimated at a CAGR of REDACTED, followed by Africa, which is expected to grow at a CAGR of REDACTED.

USA is the largest market in terms of value and is driving the market for optical instruments and lenses. India and the USA are forecasted to have the fastest growth, growing at a CAGR of REDACTED and REDACTED, respectively.

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The market is challenged by restraints such as high investment costs and stringent government regulations.

Table of Contents

Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Currencies
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports

Chapter 2 Summary and Highlights

Chapter 3 Optical Instruments and Lens Manufacturing Market Characteristics

Chapter 4 Optical Instruments and Lens Manufacturing Market Size and Growth
Historic Market Growth
Drivers of the Market
Rise in Number of Tourists
Low Interest Rates
Restraints on the Market
High Investment and Manufacturing Costs
Forecast Market Growth
Drivers of the Market
Restraints on the Market

Chapter 5 Optical Instruments and Lens Manufacturing Market Trends and Strategies
Aspherical Lenses for Drones
Digitalization of Microscopes
Adaptive Optics in Telescopes

Chapter 6 PESTLE Analysis
Political
Government Investments in Space Exploration
Economic
Rising Disposable Income
Economic Slowdown in Developed Countries
Social
Millennial Population Driving Demand for Camera Lenses
Technological
Environmental
Global Warming Concerns Driving Demand for Telescopes for Climate Change Research
Legal
Regulatory Environment

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Chapter 7 Optical Instruments and Lens Manufacturing Market Segmentation
Global Optical Instruments and Lens Manufacturing Market, by Segment
Global Optical Instruments and Lens Manufacturing Market, Historic and Forecast, by Segment, 2013-2022
Optical Instruments Manufacturing Market
Market Characteristics
Market Trends and Strategies
Interchangeable Camera Lenses Manufacturing Market

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