Optical Lens Cutter and Edger Market
Optical Lens Cutter and Edger Market Analysis, By Product Type (Optical Lens Cutters, Optical Lens Edgers, Hybrid), By Automation (Automatic, Semiautomatic, Manual), By Operation (With Water, Without Water), By Power Type, By Sales Channel, By Region - Global Forecast 2022 to 2032
Analysis of Optical Lens Cutter and Edger market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Optical Lens Cutter and Edger Market Outlook (2022 to 2032)
The global optical lens cutter and edger market size is estimated at US$ 402.4 million in 2022 and is projected to expand at a high CAGR of 9.2% to reach a market valuation of US$ 973.2 million by the end of 2032.
| Report Attributes | Details |
|---|---|
| Optical Lens Cutter and Edger Market Size (2021A) | US$ 373.9 Million |
| Estimated Market Value (2022E) | US$ 402.4 Million |
| Forecasted Market Value (2032F) | US$ 973.2 Million |
| Global Market Growth Rate (2022 to 2032) | CAGR 9.2 % |
| North America Market Share (2021) | ~28.8 % |
| North America Growth Rate (2022 to 2032) | CAGR 9.5 % |
| U.S. Growth Rate (2022 to 2032) | CAGR 8.0% |
| Market Share of Top 5 Companies | ~32% |
| Key Companies Profiled | Coburn Technologies Inc.; Danyang Huasu Optical Co., Ltd; Essilor International S.A.; Huvitz Corp.; MEI System; NIDEK CO., LTD.; Santinelli International; Shanghai Supore Instruments Co. Ltd. |
Revenue from optical lens cutter and edger sales accounted for nearly 2%-3% of the global ophthalmic equipment and machinery market in 2021, which is forecast to rise to 6%-7% by 2032. This is mainly due to the growing number of spectacles users and the emergence of blue cut and UV-protected technology in lenses.
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Optical Lens Cutter and Edger Demand Analysis (2017 to 2021) Vs. Market Forecast Outlook (2022 to 2032)
As per latest market analysis by Fact.MR, a market research and competitive intelligence provider, application of optical lens cutters and edgers over the past half-decade increased at a CAGR of around 4%. Online sales reach a valuation of US$ 118.5 million in 2021, in which, company-owned websites accounted for nearly 40% of unit sales.
Based on Fact.MR research, around 47,980 units of optical lens cutters and edgers were sold, including optical lens cutters, lens edgers, and hybrid products, in 2021 across the globe. Emergence of automatic technologies in optical lens cutting and edging solutions is set to improve product penetration by 2X over the assessment period.
Moreover, the utilization of automatic products is to reduce the operational time and processing cost for eye specialty stores. This improves precision and provides top-notch cutting and edging solutions in less time to end users.
In addition, swelling number of spectacles users is likely to push the demand for lens cutters and edgers across the globe. According to Fact.MR analysis, around 4 billion people globally use spectacles in their daily life, which is around 50% of the global population.
High usage of smartphones, laptops, and other electronic equipment is projected to create abundant demand for spectacles over the coming years. This phenomenon will directly affect the shipments of lens finishing equipment, since it provides a better appearance and clean edges to optical lenses.
The education system across the globe has been transformed drastically owing to the integration of technology in learning, leading to the introduction of online classes in education systems. Due to this, a sudden increase in the shipments of spectacles has been observed. This market scenario is projected to supplement the demand outlook for lens cutters and edgers during the assessment period.
What are the Various Factors Driving Demand for Optical Lens Cutters and Edgers?
“Automatic Lens Edgers – A Game Changer”
Emergence of automatic technology in optical lens cutters and edgers has eliminated the usage of water for finishing operations. Automatic lens edgers provide advanced dry cutting and edging technology in a single machine along with auto-calibration technology.
Integration of automation has provided various technical advantages such as auto-calibration and improved versatility of products over other sustainable cutters and lens edgers. Offerings of such advanced machinery are set to drive product demand over the assessment period.
“Product Customization & Use of Sustainable Materials”
Moreover, leading manufacturers of optical lens cutters and edgers are adopting the strategy of customization to attract new consumers. Top-notch customization as per customer demand, improving consumer comfort, and boosting functionality are likely to drive their revenue going forward.
Additionally, manufacturers are trying to provide sustainable materials for their machinery to attract new customers and diversify their product ranges. Customization in lens edgers and cutters is considered to be a game-changer, as a majority of end users, especially eye specialty stores, do not use standard products due to changes in blade size, speed regulation, size, and other parameters.
Increasing demand for automatic lens cutters due to their various technical benefits is anticipated to drive market growth and improve product penetration during the coming years.
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How is the Optical Lens Cutter and Edger Being Prevented from Reaching its Full Potential?
“Gradual Shift toward Contactless Lenses”
Shifting consumer preference toward contactless lenses is likely to affect the sale of conventional lenses and limit the unit shipments of lens edgers and cutters in the near future. This is because contactless lenses require laser cutting technology for finishing and fitting.
The adult population is the consumer block in the optical instrument market and accounts for almost 2/3 of the demand around the globe, out of which, 11% utilize contactless lenses in their day-to-day lives.
The availability of attractive products in the lens segment has shifted their interest toward contactless lenses. This market phenomenon is set to reduce the sale penetration of lens cutters and edgers in the global market and lead to a decline in demand in the near future.
“Semiconductor Shortage Impeding Market Expansion”
In addition, the automatic product range of lens edgers and cutters utilizes several semiconductor and electronic components. During the COVID pandemic, a major drop in the manufacturing of semiconductors resulted in shortages across the globe. Factories being shut down was not the only reason, with the tension between superpowers such as the U.S. and China also contributing to trade disruptions.
For instance, the U.S. Government blacklisted Huawei, which supplied systems to American chipmakers. All these factors resulted in a downward trend in the manufacturing of semiconductors, ultimately hampering the machinery market by 15% in 2020 as compared to the previous years.
Country-Wise Analysis
Why is the U.S. an Important Market for Optical Lens Cutter & Edger Manufacturers?
The U.S. optical lens cutter and edger market is considered prominent with the country being the second-largest importer of optical goods in the world. The United States currently accounts for US$ 85 million of value generation from optical lens cutters and edgers.
Rising per capita expenditure on optical accessories and growing number of spectacles users will favor the growth of manufacturers. In addition, the U.S. is estimated to capture 80% of the North American market in 2022 and generate an absolute $ opportunity of US$ 145.2 million over the period of forecast.
Why is China a Powerhouse for Optical Lens Cutters and Edgers?
China has been one of the most lucrative markets for optical lens cutter and edger producers in East Asia as well as the global market. Emergence of several small to large manufacturers has enabled product manufacturing at lower price points as compared to other countries such as the U.S., Germany, and Italy.
China’s optical lens cutter and edger market is estimated to reach US$ 60.2 million in 2022 and is likely to expand at a CAGR of around 10.1% over the decade. As such, China is projected to generate an absolute $ opportunity of US$ 102.2 million by the end of the assessment year and gain 119 BPS over the same period.
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Category-Wise Analysis
Will Optical Lens Cutters Continue Experiencing High Demand Growth?
Optical lens cutters currently account for the highest demand from eyewear specialty stores. This is due to fact that they are associated with low price points as compared to hybrid products. Sales of optical lens cutters are anticipated to surge at 8.6% CAGR during the assessment period.
In addition, sales of optical lens edgers are projected to increase at 7.4% CAGR over the decade. This sub-segment is expected to create a valuation of US$ 5.7 million in the global market by the end of 2032.
Why are Optical Lens Cutters & Edger With Water More Preferred by End Users?
With water optical lens cutters and edgers is the most dominating segment in the global market. This vertical is estimated to capture 70% market share in 2022.
In addition, the optical lens cutters and edgers with water segment is set to create an absolute $ opportunity of US$ 422.6 million by the end of the assessment period. However, it is anticipated to lose 108 BPS over the forecast period due to the emergence of automatic technology and surging disposal of waste in water bodies.
Competition Landscape
Coburn Technologies Inc., Danyang Huasu Optical Co., Ltd, Essilor International S.A., Huvitz Corp., MEI System, NIDEK, Santinelli International, Shanghai Supore Instruments Co. Ltd., SK Enterprises, TOPKON, and Ylosdn are key suppliers of optical lens cutters and edgers.
Players from the top two tiers have started the manufacturing of hybrid products.
- For instance, Coburn Technologies Inc, Essilor International S.A., and others are providing versatile products along with dry-cutting technology to attract new customers.
Some manufacturers are even providing free shipping to attract more customers. This strategy will enable abundant opportunities over the decade and strengthen their overall revenue-generating capacity.
Fact.MR has provided detailed information about the price points of top manufacturers of optical lens cutters and edgers positioned across regions, in addition to providing sales growth information, production capacity, and speculative production expansion, in the recently published report.
Key Segments of Optical Lens Cutter and Edger Industry Survey
-
By Product Type:
- Optical Lens Cutters
- Optical Lens Edgers
- Hybrid
-
By Automation:
- Automatic Optical Lens Cutters and Edgers
- Semi-automatic Optical Lens Cutters and Edgers
- Manual Optical Lens Cutters and Edgers
-
By Operation:
- Optical Lens Cutters and Edgers With Water
- Optical Lens Cutters and Edgers Without Water
-
By Power Type:
- Up to 70 W Optical Lens Cutters and Edgers
- 70-100 W Optical Lens Cutters and Edgers
- 100-200 W Optical Lens Cutters and Edgers
- Above 200 W Optical Lens Cutters and Edgers
-
By Sales Channel:
- Online Sales
- Company-owned Websites
- e-Commerce Websites
- Offline Sales
- Electronic Stores
- Franchised
- Independent
- Others
- Online Sales
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Market- Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data Points
- 4. Global Market Demand Analysis 2017 to 2032
- 5. Global Market - Pricing Analysis
- 6. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 7. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Product Type
- 7.1. Optical Lens cutter
- 7.2. Optical Lens Edger
- 7.3. Hybrid
- 8. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Automation
- 8.1. Automatic
- 8.2. Semi-automatic
- 8.3. Manual
- 9. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Operation
- 9.1. With water
- 9.2. Without Water
- 10. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Power Type
- 10.1. Up to 70 W
- 10.2. 70-100 W
- 10.3. 100 to 200 W
- 10.4. Above 200 W
- 11. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Sales Channel
- 11.1. Online Sales
- 11.1.1. Company / Brand Website
- 11.1.2. e-Commerce Websites
- 11.2. Offline Sales
- 11.2.1. Electronic Stores
- 11.2.2. Franchised
- 11.2.3. Independent
- 11.2.4. Others
- 11.1. Online Sales
- 12. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Europe
- 12.4. East Asia
- 12.5. South Asia & Oceania
- 12.6. Middle East and Africa (MEA)
- 13. North America Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 14. Latin America Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 15. Europe Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 16. East Asia Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 17. South Asia & Oceania Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 18. Middle East and Africa (MEA) Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 19. Key Countries Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Coburn Technologies Inc.
- 21.2. Danyang Huasu Optical Co., Ltd
- 21.3. Essilor International S.A.
- 21.4. Huvitz Corp.
- 21.5. MEI System
- 21.6. NIDEK
- 21.7. Santinelli International
- 21.8. Shanghai Supore Instruments Co. Ltd.
- 21.9. SK Enterprises
- 21.10. TOPKON
- 21.11. Ylosdn
- 22. Assumptions & Acronyms Used
- 23. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) and Volume (Units) and Forecast by Region, 2017 to 2021
Table 2: Global Market Value (US$ Mn) and Volume (Units) and Forecast by Region, 2022 to 2032
Table 3: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2017 to 2021
Table 4: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2022 to 2032
Table 5: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2017 to 2021
Table 6: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2022 to 2032
Table 7: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2017 to 2021
Table 8: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2022 to 2032
Table 9: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2017 to 2021
Table 10: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2022 to 2032
Table 11: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 12: Global Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 13: North America Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2017 to 2021
Table 14: North America Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2022 to 2032
Table 15: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2017 to 2021
Table 16: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2022 to 2032
Table 17: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2017 to 2021
Table 18: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2022 to 2032
Table 19: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2017 to 2021
Table 20: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2022 to 2032
Table 21: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2017 to 2021
Table 22: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2022 to 2032
Table 23: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 24: North America Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 25: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2017 to 2021
Table 26: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2022 to 2032
Table 27: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2017 to 2021
Table 28: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2022 to 2032
Table 29: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2017 to 2021
Table 30: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2022 to 2032
Table 31: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2017 to 2021
Table 32: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2022 to 2032
Table 33: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2017 to 2021
Table 34: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2022 to 2032
Table 35: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 36: Latin America Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 37: Europe Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2017 to 2021
Table 38: Europe Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2022 to 2032
Table 39: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2017 to 2021
Table 40: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2022 to 2032
Table 41: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2017 to 2021
Table 42: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2022 to 2032
Table 43: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2017 to 2021
Table 44: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2022 to 2032
Table 45: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2017 to 2021
Table 46: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2022 to 2032
Table 47: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 48: Europe Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 49: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2017 to 2021
Table 50: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2022 to 2032
Table 51: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2017 to 2021
Table 52: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2022 to 2032
Table 53: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2017 to 2021
Table 54: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2022 to 2032
Table 55: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2017 to 2021
Table 56: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2022 to 2032
Table 57: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2017 to 2021
Table 58: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2022 to 2032
Table 59: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 60: East Asia Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 61: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2017 to 2021
Table 62: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2022 to 2032
Table 63: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2017 to 2021
Table 64: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2022 to 2032
Table 65: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2017 to 2021
Table 66: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2022 to 2032
Table 67: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2017 to 2021
Table 68: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2022 to 2032
Table 69: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2017 to 2021
Table 70: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2022 to 2032
Table 71: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 72: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 73: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2017 to 2021
Table 74: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast by Country, 2022 to 2032
Table 75: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2017 to 2021
Table 76: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Product Type, 2022 to 2032
Table 77: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2017 to 2021
Table 78: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Automation, 2022 to 2032
Table 79: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2017 to 2021
Table 80: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Operation, 2022 to 2032
Table 81: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2017 to 2021
Table 82: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Power Type, 2022 to 2032
Table 83: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 84: Middle East & Africa Market Value (US$ Mn) and Volume (Units) and Forecast By Sales Channel, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 2: Global Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 3: Global Market Value (US$ Mn) and Volume (Units) by Region, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 5: Global Market Value (US$ Mn) and Volume (Units) By Product Type, 2022 & 2032
Figure 6: Global Market Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 7: Global Market Value (US$ Mn) and Volume (Units) By Automation, 2022 & 2032
Figure 8: Global Market Y-o-Y Growth Rate By Automation, 2022 to 2032
Figure 9: Global Market Value (US$ Mn) and Volume (Units) By Operation, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Rate By Operation, 2022 to 2032
Figure 11: Global Market Value (US$ Mn) and Volume (Units) By Power Type, 2022 & 2032
Figure 12: Global Market Y-o-Y Growth Rate By Power Type, 2022 to 2032
Figure 13: Global Market Value (US$ Mn) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 14: Global Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 15: North America Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 16: North America Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 17: North America Market Value (US$ Mn) and Volume (Units) by Country, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 19: North America Market Value (US$ Mn) and Volume (Units) By Product Type, 2022 & 2032
Figure 20: North America Market Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 21: North America Market Value (US$ Mn) and Volume (Units) By Automation, 2022 & 2032
Figure 22: North America Market Y-o-Y Growth Rate By Automation, 2022 to 2032
Figure 23: North America Market Value (US$ Mn) and Volume (Units) By Operation, 2022 & 2032
Figure 24: North America Market Y-o-Y Growth Rate By Operation, 2022 to 2032
Figure 25: North America Market Value (US$ Mn) and Volume (Units) By Power Type, 2022 & 2032
Figure 26: North America Market Y-o-Y Growth Rate By Power Type, 2022 to 2032
Figure 27: North America Market Value (US$ Mn) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 28: North America Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 29: Latin America Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 30: Latin America Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 31: Latin America Market Value (US$ Mn) and Volume (Units) by Country, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 33: Latin America Market Value (US$ Mn) and Volume (Units) By Product Type, 2022 & 2032
Figure 34: Latin America Market Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 35: Latin America Market Value (US$ Mn) and Volume (Units) By Automation, 2022 & 2032
Figure 36: Latin America Market Y-o-Y Growth Rate By Automation, 2022 to 2032
Figure 37: Latin America Market Value (US$ Mn) and Volume (Units) By Operation, 2022 & 2032
Figure 38: Latin America Market Y-o-Y Growth Rate By Operation, 2022 to 2032
Figure 39: Latin America Market Value (US$ Mn) and Volume (Units) By Power Type, 2022 & 2032
Figure 40: Latin America Market Y-o-Y Growth Rate By Power Type, 2022 to 2032
Figure 41: Latin America Market Value (US$ Mn) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 42: Latin America Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 43: Europe Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 44: Europe Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 45: Europe Market Value (US$ Mn) and Volume (Units) by Country, 2022 & 2032
Figure 46: Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 47: Europe Market Value (US$ Mn) and Volume (Units) By Product Type, 2022 & 2032
Figure 48: Europe Market Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 49: Europe Market Value (US$ Mn) and Volume (Units) By Automation, 2022 & 2032
Figure 50: Europe Market Y-o-Y Growth Rate By Automation, 2022 to 2032
Figure 51: Europe Market Value (US$ Mn) and Volume (Units) By Operation, 2022 & 2032
Figure 52: Europe Market Y-o-Y Growth Rate By Operation, 2022 to 2032
Figure 53: Europe Market Value (US$ Mn) and Volume (Units) By Power Type, 2022 & 2032
Figure 54: Europe Market Y-o-Y Growth Rate By Power Type, 2022 to 2032
Figure 55: Europe Market Value (US$ Mn) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 56: Europe Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 57: East Asia Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 58: East Asia Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 59: East Asia Market Value (US$ Mn) and Volume (Units) by Country, 2022 & 2032
Figure 60: East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 61: East Asia Market Value (US$ Mn) and Volume (Units) By Product Type, 2022 & 2032
Figure 62: East Asia Market Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 63: East Asia Market Value (US$ Mn) and Volume (Units) By Automation, 2022 & 2032
Figure 64: East Asia Market Y-o-Y Growth Rate By Automation, 2022 to 2032
Figure 65: East Asia Market Value (US$ Mn) and Volume (Units) By Operation, 2022 & 2032
Figure 66: East Asia Market Y-o-Y Growth Rate By Operation, 2022 to 2032
Figure 67: East Asia Market Value (US$ Mn) and Volume (Units) By Power Type, 2022 & 2032
Figure 68: East Asia Market Y-o-Y Growth Rate By Power Type, 2022 to 2032
Figure 69: East Asia Market Value (US$ Mn) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 70: East Asia Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 71: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 72: South Asia & Oceania Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 73: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) by Country, 2022 & 2032
Figure 74: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 75: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) By Product Type, 2022 & 2032
Figure 76: South Asia & Oceania Market Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 77: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) By Automation, 2022 & 2032
Figure 78: South Asia & Oceania Market Y-o-Y Growth Rate By Automation, 2022 to 2032
Figure 79: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) By Operation, 2022 & 2032
Figure 80: South Asia & Oceania Market Y-o-Y Growth Rate By Operation, 2022 to 2032
Figure 81: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) By Power Type, 2022 & 2032
Figure 82: South Asia & Oceania Market Y-o-Y Growth Rate By Power Type, 2022 to 2032
Figure 83: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 84: South Asia & Oceania Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 85: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 86: Middle East & Africa Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 87: Middle East & Africa Market Value (US$ Mn) and Volume (Units) by Country, 2022 & 2032
Figure 88: Middle East & Africa Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 89: Middle East & Africa Market Value (US$ Mn) and Volume (Units) By Product Type, 2022 & 2032
Figure 90: Middle East & Africa Market Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 91: Middle East & Africa Market Value (US$ Mn) and Volume (Units) By Automation, 2022 & 2032
Figure 92: Middle East & Africa Market Y-o-Y Growth Rate By Automation, 2022 to 2032
Figure 93: Middle East & Africa Market Value (US$ Mn) and Volume (Units) By Operation, 2022 & 2032
Figure 94: Middle East & Africa Market Y-o-Y Growth Rate By Operation, 2022 to 2032
Figure 95: Middle East & Africa Market Value (US$ Mn) and Volume (Units) By Power Type, 2022 & 2032
Figure 96: Middle East & Africa Market Y-o-Y Growth Rate By Power Type, 2022 to 2032
Figure 97: Middle East & Africa Market Value (US$ Mn) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 98: Middle East & Africa Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
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- FAQs -
What is the current valuation of the global optical lens cutter and edger market?
The global optical lens cutter and edger market is currently valued at US$ 402.4 million.
At what CAGR is the market expected to expand through 2032?
Optical lens cutter and edger market value is expected to increase at a CAGR of 9.2% during the 2022-2032 period.
How did the market perform over the past half-decade?
Sales of optical lens cutters and edgers increased at a CAGR of around 4% between 2017 and 2021.
What are the trends being witnessed in the optical lens cutter and edger market?
Key players manufacturing optical lens cutters and edgers are involved in production capacity expansion along with the development of automatic lens cutters and edgers that have lightweight, versatile, and high-precision control features.
Who are the prominent manufacturers of optical lens cutters and edgers?
Top companies manufacturing optical lens cutters and edgers are Essilor International S.A., Huvitz Corp., NIDEK, Coburn Technologies Inc., Santinelli International, and MEI System.
What share of the market is captured by the European region?
The Europe optical lens cutter and edger market accounts for approximately 31.4% of the global market share in 2022.
Optical Lens Cutter and Edger Market