North America Optical Lens Market Size, Share & Industry Trends Analysis Report By Type (Converging and Diverging), By Application, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Optical Lens Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 29,980.1 thousand Units, showcasing a growth of 7.1% (2019-2022).

One of the most common and essential needs for optical lenses is vision correction. Refractive errors like myopia (nearsightedness), hyperopia (farsightedness), astigmatism, and presbyopia (age-related reading trouble) affect millions of people nationwide. Optical eyeglasses or contact lenses are used to correct these vision problems, enabling individuals to experience precise and focused vision. Optical lenses are integral to the field of ophthalmology and medical imaging. They are used in diagnostic instruments like ophthalmoscopes, slit lamps, and fundus cameras to visualize and assess the eye's health. In surgical procedures, specialized lenses are employed in microscopes and endoscopes to ensure precision and clarity, aiding surgeons in delicate operations.

The need for advanced surveillance and reconnaissance systems has driven the adoption of optical lenses in defense and security applications. These lenses are vital for enhancing situational awareness and target identification. In research and development, optical lenses are essential for scientists and engineers. Adopting specialized lenses has led to nanotechnology, materials science, and biophysics breakthroughs.

The rising prevalence of eye disorders in the United States highlights the importance of regular eye exams and vision correction. As per the National Eye Institute of the United States, the projected yearly economic cost of vision loss, eye conditions, and vision disorders in the United States is $139 billion. Additionally, 2.9 million Americans are thought to have limited vision (20/40), and this number is further expected to rise up to 5 million by 2030. The Centers for Disease Control and Prevention (CDC) estimates that 6.8% of American children under the age of 18 have an eye or vision issue that has been medically diagnosed. These factors will boost the demand for optical lenses in the North America region.

The US market dominated the North America Optical Lens Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,950.3 million by 2030. The Canada market is experiencing a CAGR of 9.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.7% during (2023 - 2030).

Based on Type, the market is segmented into Converging and Diverging. Based on Application, the market is segmented into Smartphones, Camera, Automotive, Medical Surgery, AR/VR/Headsets or Mounted Display and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sony Corporation (Sony Electronics, Inc.), Carl Zeiss AG, Sunny Optical Technology (Group) Company Limited, Tamron Co., Ltd., Canon, Inc., Fujifilm Holdings Corporation, Largan Precision Co., Ltd., Nikon Corporation, Genius Electronic Optical Co., Ltd and Sigma Corporation.

Scope of the Study

Market Segments covered in the Report:

By Type (Volume, thousand Units, USD Million, 2019-2030)

Converging
Diverging

By Application (Volume, thousand Units, USD Million, 2019-2030)

Smartphones
Camera
Automotive
Medical Surgery
AR/VR/Headsets or Mounted Display
Others

By Country (Volume, thousand Units, USD Million, 2019-2030)

US
Canada
Mexico
Rest of North America

Companies Profiled

Sony Corporation (Sony Electronics, Inc.)
Carl Zeiss AG
Sunny Optical Technology (Group) Company Limited
Tamron Co., Ltd.
Canon, Inc.
Fujifilm Holdings Corporation
Largan Precision Co., Ltd.
Nikon Corporation
Genius Electronic Optical Co., Ltd
Sigma Corporation

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Optical Lens Market, by Type
- 1.4.2 North America Optical Lens Market, by Application
- 1.4.3 North America Optical Lens Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jul - 2023, Sep) Leading Players
4.5 Porter's Five Force Analysis

Chapter 5. North America Optical Lens Market, By Type

5.1 North America Converging Market, By Country
5.2 North America Diverging Market, By Country

Chapter 6. North America Optical Lens Market, By Application

6.1 North America Smartphones Market, By Country
6.2 North America Camera Market, By Country
6.3 North America Automotive Market, By Country
6.4 North America Medical Surgery Market, By Country
6.5 North America AR/VR/Headsets or Mounted Display Market, By Country
6.6 North America Others Market, By Country

Chapter 7. North America Optical Lens Market, By Country

7.1 US Optical Lens Market
- 7.1.1 US Optical Lens Market, By Type
- 7.1.2 US Optical Lens Market, By Application
7.2 Canada Optical Lens Market
- 7.2.1 Canada Optical Lens Market, By Type
- 7.2.2 Canada Optical Lens Market, By Application
7.3 Mexico Optical Lens Market
- 7.3.1 Mexico Optical Lens Market, By Type
- 7.3.2 Mexico Optical Lens Market, By Application
7.4 Rest of North America Optical Lens Market
- 7.4.1 Rest of North America Optical Lens Market, By Type
- 7.4.2 Rest of North America Optical Lens Market, By Application

Chapter 8. Company Profiles

8.1 Sony Corporation (Sony Electronics, Inc.)
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
  - 8.1.5.1 Partnerships, Collaborations, and Agreements:
  - 8.1.5.2 Product Launches and Product Expansions:
- 8.1.6 SWOT Analysis
8.2 Carl Zeiss AG
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
  - 8.2.5.1 Acquisition and Mergers:
- 8.2.6 SWOT Analysis
8.3 Sunny Optical Technology (Group) Company Limited
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
  - 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.6 SWOT Analysis
8.4 Tamron Co., Ltd.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 Recent strategies and developments:
  - 8.4.5.1 Product Launches and Product Expansions:
- 8.4.6 SWOT Analysis
8.5 Canon, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 Recent strategies and developments:
  - 8.5.5.1 Product Launches and Product Expansions:
  - 8.5.5.2 Acquisition and Mergers:
- 8.5.6 SWOT Analysis
8.6 Fujifilm Holdings Corporation
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
  - 8.6.5.1 Product Launches and Product Expansions:
- 8.6.6 SWOT Analysis
8.7 Largan Precision Co., Ltd.
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
8.8 Nikon Corporation
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 Recent strategies and developments:
  - 8.8.5.1 Partnerships, Collaborations, and Agreements:
  - 8.8.5.2 Product Launches and Product Expansions:
- 8.8.6 SWOT Analysis
8.9 Genius Electronic Optical Co., Ltd
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
8.10. Sigma Corporation
- 8.10.1 Company Overview
- 8.10.2 Recent strategies and developments:
  - 8.10.2.1 Product Launches and Product Expansions:
- 8.10.3 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Optical Lens Market, 2019 - 2022, USD Million
TABLE 2 North America Optical Lens Market, 2023 - 2030, USD Million
TABLE 3 North America Optical Lens Market, 2019 - 2022, Thousand Units
TABLE 4 North America Optical Lens Market, 2023 - 2030, Thousand Units
TABLE 5 Partnerships, Collaborations and Agreements- Optical Lens Market
TABLE 6 Product Launches And Product Expansions- Optical Lens Market
TABLE 7 Acquisition and Mergers- Optical Lens Market
TABLE 8 North America Optical Lens Market, By Type, 2019 - 2022, USD Million
TABLE 9 North America Optical Lens Market, By Type, 2023 - 2030, USD Million
TABLE 10 North America Optical Lens Market, By Type, 2019 - 2022, Thousand Units
TABLE 11 North America Optical Lens Market, By Type, 2023 - 2030, Thousand Units
TABLE 12 North America Converging Market, By Country, 2019 - 2022, USD Million
TABLE 13 North America Converging Market, By Country, 2023 - 2030, USD Million
TABLE 14 North America Converging Market, By Country, 2019 - 2022, Thousand Units
TABLE 15 North America Converging Market, By Country, 2023 - 2030, Thousand Units
TABLE 16 North America Diverging Market, By Country, 2019 - 2022, USD Million
TABLE 17 North America Diverging Market, By Country, 2023 - 2030, USD Million
TABLE 18 North America Diverging Market, By Country, 2019 - 2022, Thousand Units
TABLE 19 North America Diverging Market, By Country, 2023 - 2030, Thousand Units
TABLE 20 North America Optical Lens Market, By Application, 2019 - 2022, USD Million
TABLE 21 North America Optical Lens Market, By Application, 2023 - 2030, USD Million
TABLE 22 North America Optical Lens Market, By Application, 2019 - 2022, Thousand Units
TABLE 23 North America Optical Lens Market, By Application, 2023 - 2030, Thousand Units
TABLE 24 North America Smartphones Market, By Country, 2019 - 2022, USD Million
TABLE 25 North America Smartphones Market, By Country, 2023 - 2030, USD Million
TABLE 26 North America Smartphones Market, By Country, 2019 - 2022, Thousand Units
TABLE 27 North America Smartphones Market, By Country, 2023 - 2030, Thousand Units
TABLE 28 North America Camera Market, By Country, 2019 - 2022, USD Million
TABLE 29 North America Camera Market, By Country, 2023 - 2030, USD Million
TABLE 30 North America Camera Market, By Country, 2019 - 2022, Thousand Units
TABLE 31 North America Camera Market, By Country, 2023 - 2030, Thousand Units
TABLE 32 North America Automotive Market, By Country, 2019 - 2022, USD Million
TABLE 33 North America Automotive Market, By Country, 2023 - 2030, USD Million
TABLE 34 North America Automotive Market, By Country, 2019 - 2022, Thousand Units
TABLE 35 North America Automotive Market, By Country, 2023 - 2030, Thousand Units
TABLE 36 North America Medical Surgery Market, By Country, 2019 - 2022, USD Million
TABLE 37 North America Medical Surgery Market, By Country, 2023 - 2030, USD Million
TABLE 38 North America Medical Surgery Market, By Country, 2019 - 2022, Thousand Units
TABLE 39 North America Medical Surgery Market, By Country, 2023 - 2030, Thousand Units
TABLE 40 North America AR/VR/Headsets or Mounted Display Market, By Country, 2019 - 2022, USD Million
TABLE 41 North America AR/VR/Headsets or Mounted Display Market, By Country, 2023 - 2030, USD Million
TABLE 42 North America AR/VR/Headsets or Mounted Display Market, By Country, 2019 - 2022, Thousand Units
TABLE 43 North America AR/VR/Headsets or Mounted Display Market, By Country, 2023 - 2030, Thousand Units
TABLE 44 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 45 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 46 North America Others Market, By Country, 2019 - 2022, Thousand Units
TABLE 47 North America Others Market, By Country, 2023 - 2030, Thousand Units
TABLE 48 North America Optical Lens Market, By Country, 2019 - 2022, USD Million
TABLE 49 North America Optical Lens Market, By Country, 2023 - 2030, USD Million
TABLE 50 North America Optical Lens Market, By Country, 2019 - 2022, Thousand Units
TABLE 51 North America Optical Lens Market, By Country, 2023 - 2030, Thousand Units
TABLE 52 US Optical Lens Market, 2019 - 2022, USD Million
TABLE 53 US Optical Lens Market, 2023 - 2030, USD Million
TABLE 54 US Optical Lens Market, 2019 - 2022, Thousand Units
TABLE 55 US Optical Lens Market, 2023 - 2030, Thousand Units
TABLE 56 US Optical Lens Market, By Type, 2019 - 2022, USD Million
TABLE 57 US Optical Lens Market, By Type, 2023 - 2030, USD Million
TABLE 58 US Optical Lens Market, By Type, 2019 - 2022, Thousand Units
TABLE 59 US Optical Lens Market, By Type, 2023 - 2030, Thousand Units
TABLE 60 US Optical Lens Market, By Application, 2019 - 2022, USD Million
TABLE 61 US Optical Lens Market, By Application, 2023 - 2030, USD Million
TABLE 62 US Optical Lens Market, By Application, 2019 - 2022, Thousand Units
TABLE 63 US Optical Lens Market, By Application, 2023 - 2030, Thousand Units
TABLE 64 Canada Optical Lens Market, 2019 - 2022, USD Million
TABLE 65 Canada Optical Lens Market, 2023 - 2030, USD Million
TABLE 66 Canada Optical Lens Market, 2019 - 2022, Thousand Units
TABLE 67 Canada Optical Lens Market, 2023 - 2030, Thousand Units
TABLE 68 Canada Optical Lens Market, By Type, 2019 - 2022, USD Million
TABLE 69 Canada Optical Lens Market, By Type, 2023 - 2030, USD Million
TABLE 70 Canada Optical Lens Market, By Type, 2019 - 2022, Thousand Units
TABLE 71 Canada Optical Lens Market, By Type, 2023 - 2030, Thousand Units
TABLE 72 Canada Optical Lens Market, By Application, 2019 - 2022, USD Million
TABLE 73 Canada Optical Lens Market, By Application, 2023 - 2030, USD Million
TABLE 74 Canada Optical Lens Market, By Application, 2019 - 2022, Thousand Units
TABLE 75 Canada Optical Lens Market, By Application, 2023 - 2030, Thousand Units
TABLE 76 Mexico Optical Lens Market, 2019 - 2022, USD Million
TABLE 77 Mexico Optical Lens Market, 2023 - 2030, USD Million
TABLE 78 Mexico Optical Lens Market, 2019 - 2022, Thousand Units
TABLE 79 Mexico Optical Lens Market, 2023 - 2030, Thousand Units
TABLE 80 Mexico Optical Lens Market, By Type, 2019 - 2022, USD Million
TABLE 81 Mexico Optical Lens Market, By Type, 2023 - 2030, USD Million
TABLE 82 Mexico Optical Lens Market, By Type, 2019 - 2022, Thousand Units
TABLE 83 Mexico Optical Lens Market, By Type, 2023 - 2030, Thousand Units
TABLE 84 Mexico Optical Lens Market, By Application, 2019 - 2022, USD Million
TABLE 85 Mexico Optical Lens Market, By Application, 2023 - 2030, USD Million
TABLE 86 Mexico Optical Lens Market, By Application, 2019 - 2022, Thousand Units
TABLE 87 Mexico Optical Lens Market, By Application, 2023 - 2030, Thousand Units
TABLE 88 Rest of North America Optical Lens Market, 2019 - 2022, USD Million
TABLE 89 Rest of North America Optical Lens Market, 2023 - 2030, USD Million
TABLE 90 Rest of North America Optical Lens Market, 2019 - 2022, Thousand Units
TABLE 91 Rest of North America Optical Lens Market, 2023 - 2030, Thousand Units
TABLE 92 Rest of North America Optical Lens Market, By Type, 2019 - 2022, USD Million
TABLE 93 Rest of North America Optical Lens Market, By Type, 2023 - 2030, USD Million
TABLE 94 Rest of North America Optical Lens Market, By Type, 2019 - 2022, Thousand Units
TABLE 95 Rest of North America Optical Lens Market, By Type, 2023 - 2030, Thousand Units
TABLE 96 Rest of North America Optical Lens Market, By Application, 2019 - 2022, USD Million
TABLE 97 Rest of North America Optical Lens Market, By Application, 2023 - 2030, USD Million
TABLE 98 Rest of North America Optical Lens Market, By Application, 2019 - 2022, Thousand Units
TABLE 99 Rest of North America Optical Lens Market, By Application, 2023 - 2030, Thousand Units
TABLE 100 Key Information - Sony Corporation
TABLE 101 Key Information - Carl Zeiss AG
TABLE 102 Key Information - Sunny Optical Technology (Group) Company Limited
TABLE 103 Key Information - Tamron Co., Ltd.
TABLE 104 Key Information - Canon, Inc.
TABLE 105 Key Information - Fujifilm Holdings Corporation
TABLE 106 Key Information - Largan Precision Co., Ltd.
TABLE 107 Key Information - Nikon Corporation
TABLE 108 Key Information - Genius Electronic Optical Co., Ltd
TABLE 109 Key Information - Sigma Corporation

North America Optical Lens Market Size, Share & Industry Trends Analysis Report By Type (Converging and Diverging), By Application, By Country and Growth Forecast, 2023 - 2030