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Camera Lens Market Share

Report ID: GMI5012
Published Date: Mar 2021
Report Format: PDF

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Camera Lens Market Share

Key players in the camera lens market include:

Canon Inc
Eastman Kodak Company
Fujifilm Holdings Corporation
Genius Electronic Optical Co. Ltd
Haesung Optics Co. Ltd
Hoya Corporation
Huawei Technologies Co., Ltd
Largan Precision Company Limited
Marshall Electronics Inc
Nikon Corporation
Olympus Corporation
Panasonic Corporation
Ricoh Company, Ltd
Samsung Electronics Co. Ltd
Sekonix Co. Ltd
Sigma Corporation
Sony Corporation
Tamron Co. Ltd
Kenko Co., Ltd
Volk Optical Inc
Carl Zeiss AG.

The players are focusing on strengthening their market reach to cater to the growing demand for affordable solutions across the globe. For instance, in November 2020, Sony Corporation launched Alpha 7C full–frame camera integrated with FE 28mm – 60mm F4–5.6 zoom lens in the India market. The standard zoom lens offers a minimum focus distance of 0.3m (wide angle) to 0.45m (telephoto) and weighs around 165 grams. The advanced autofocus and high–resolution 4K video capabilities allow users to record slow and quick motion HD videos at 120 fps.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Camera lens market size had surpassed USD 8 billion in 2020 and will register a CAGR of 9% through 2027.

The U.S. market will observe a CAGR of 12% through 2027 with increasing automotive applications and growing trend of autonomous cars in the country.

Europe market revenue from offline distribution channel will register a CAGR of over 8% through 2027 owing to higher preference for offline stores among professional photographers.

Asia Pacific had accounted for more than 35% of camera lens market share in 2020 and will grow steadily growth with expanding consumer electronics sector in the region.