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Camera Lens Market by 2027 – Growth Drivers & Geographic Analysis | Canon, Eastman Kodak Company, Fujifilm Holdings Corporation

Camera Lens Market by 2027 – Growth Drivers & Geographic

According to recent report by Global Market Insights, Inc, camera lens market is estimated to reach over USD 15 billion by 2027. Growing trend of taking high definition and professional images and videos among people has increased the demand for digital cameras and smartphones integrated with top-notch camera quality. This trend is prompting camera lens manufacturers to develop more enhanced and innovative offerings to meet the consumer demand effectively, which is augmenting the growth of camera lens market significantly.

Advantages offered by increased zoom capabilities and enhanced image quality, demand for dual camera smartphones is consistently rising among consumers. This has urged manufacturers to produce dual-lens camera systems that feature a telephoto zoom lens. Similarly, the need to capture detailed and wide images has resulted in elevated the adoption of wide-angle camera lens especially for travel photography and cinematography. With such high product demand the industry is expected to witness a substantial growth over the foreseeable future.

Get sample copy of Camera Lens Market research report @ https://www.gminsights.com/request-sample/detail/5012

Top Key Players Are : 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., and Carl Zeiss AG.

Demand for camera lenses across healthcare applications will achieve considerable traction in the coming years with the growing deployment of advanced technologies. Numerous developments across the healthcare sector have encouraged medical professionals to invest in AR-based image-guided therapies to receive higher flexibility in interventional procedures. It is also helping clinicians to move around the patients in instances of surgeries to gather relevant information.

Besides, there is a higher deployment of AR-based techniques in procedures related to endovascular aneurysm repairs. This technical penetration has led several companies to extend their offerings in image-guided therapies. To cite the same with instance, Microsoft Corporation deployed the AR technology in HoloLens 2, which is a mixed reality device used by surgeons to counter challenges in interventional procedures.

The camera lens market for the European region will reach a significant value through 2027 owing to the rising government concerns pertaining to the safety of passenger cars. This has increased the focus of automobile manufacturers towards enhancing the camera systems in their vehicles. For instance, in June 2019, a prominent German company, ZF, launched the Dual-cam two lens camera, particularly designed for commercial trucks that can be used in concert with various other ZF ADAS technologies.

The European Commission has also planned to incorporate numerous safety measures like fatigue monitoring systems, lane-keep assistance, as well as emergency braking in all new cars by 2021. In addition, the United Nations Economic Commission for Europe (UN ECE) Regulation that was effective from 2008 helped in replacing the exterior mirrors present in cars with camera-based vision systems. This urged various other automobile firms to deploy 3D cameras which are integrated with fixed focus as well as wide-angle lenses to lend support to autonomous vehicles in precisely recognizing their position and detecting objects.

Request for Customization of Camera Lens Market report @ https://www.gminsights.com/roc/5012

Table Of Content:

Chapter 5 Camera Lens Market, By Distribution Channel (Revenue, Shipments)
5.1 Key trends, by distribution channel
5.2 Online
5.2.1 Market estimates and forecast, 2017 – 2027
5.3 Offline
5.3.1 Market estimates and forecast, 2017 – 2027
Chapter 6 Camera Lens Market, By Application (Revenue, Shipments)
6.1 Key trends, by application
6.2 Consumer electronics
6.2.1 Market estimates and forecast, 2017 – 2027
6.2.2 Mobile
6.2.2.1 Market estimates and forecast, 2017 – 2027
6.2.3 AR/VR/MR
6.2.3.1 Market estimates and forecast, 2017 – 2027
6.2.4 Digital camera
6.2.4.1 Market estimates and forecast, 2017 – 2027
6.2.5 Others
6.2.5.1 Market estimates and forecast, 2017 – 2027
6.3 Automotive
6.3.1 Market estimates and forecast, 2017 – 2027
6.4 Healthcare
6.4.1 Market estimates and forecast, 2017 – 2027
6.5 Others
6.5.1 Market estimates and forecast, 2017 – 2027

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/camera-lens-market

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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