Wilmington, Delaware, United States, Transparency Market Research Inc. – Technological advances have been key driver and accelerator of strides in the evolution of the optical lens edger market. The advent of equipment that promises higher precision in cutting the lens is gathering traction among customers in the ophthalmology and lab sciences. Optical shops and private services are realizing the benefits of such equipment in the optical lens edger market.

A wide variety of beveling functions are accomplished with the help of modern optical lens edgers. Some of the characteristics that have come under the key focus of manufacturers are ease of use, auto-calibration, and lens processing speed. A growing number of players are aiming at innovations on constantly improving these parameters. The adoption of technologies that help in optimizing the entire workflow is a key trend in the optical lens edger market. The demand for high-quality finishes for modern optical devices among industrial manufacturers is also boosting the market prospects.

Request Sample of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2446

Some top players are aiming at customization to garner competitive gains in the optical lens market. A steady revenue stream is also supported by the growing trend of demand for high-end lens edging option in research labs. Equipment manufacturers are incorporating better sensors to prevent slippages of lens while processing. In the times of Covid-19 led lockdowns, several manufacturing plants came to a grinding halt and consumer spending declined considerably. This has also hampered the prospects of the optical lens market. Nevertheless, in recent months economic activities have started to pick up pace in several parts of the world, paving way to new growth momentum in the optical lens market.

Together with this, technologically advanced equipment has also come under the attention of end-use industries, especially for in-office lens finishing labs. The rise in use of 3D advanced technology is also expected to open new avenues in coming months. Further, small labs will be attracted to the benefits and there might be incremental demand, adding impetus to the expansion of avenue in the optical lens market.

Global Optical Lens Edger Market - Snapshot

An Optical lens edger is a part of optical manufacturing equipment that edges, cuts, or grinds optical lenses so that they can fit into the selected frame. The lens edger edges the optical lens according to the tracing data imported from the tracer unit. There are various types of edging modes such as automated beveling, controlled beveling, ex lens edging, rimless edging, automated grooving, and controlled grooving among others. Lens materials used for edging are plastic, glass, high-index plastic, acrylic resin, and polycarbonate. Nowadays, edging systems are available in an all-in-one type, which includes edging, blocking, drilling, grooving, and tracing in a single unit. The global optical lens edger market is projected to reach a market size of about US$ 651.3 Mn by 2026, expanding at an average growth rate of about 6.5% during the forecast period.

Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2446

The global optical lens edger market is anticipated to be driven by a rise in demand for optical lens edgers from the ophthalmology and camera industries. It is estimated that roughly 1.3 billion individuals around the world live with some type of vision impairment. With respect to distance vision, 188.5 million individuals have gentle vision impairment, 217 million have moderate to serious vision disability, and 36 million individuals are blind. Concerning close vision, 826 million individuals live with a close vision disability. Overall, the main sources of vision debilitation are uncorrected refractive mistakes and waterfalls. Around 80% of all vision hindrance internationally is viewed as avoidable. A significant portion of individuals with vision impedance are above 50 years of age.

The global vision industry is valued at US$ 40 Bn. It includes both sales and services of corrective eye glasses and lenses. The industry is anticipated to expand at a stable growth rate of about 3% to 4%. The current structure of the vision industry is highly fragmented, owing to the presence of a large number of small scale players throughout the value chain. However, there are large players in this market that are vertically integrated. For instance, Luxottica and Essilor. Demand for optical lends edgers is likely to increase from the ophthalmology end-use industry.

Ask for References - https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=2446

The digital camera industry is flourishing owing to an increase in the use of digital cameras by hobby enthusiasts, photography professionals, marketing professionals, etc. The digital imaging industry is undergoing major transformation across diverse applications placing greater demand on the technology and component sides. A new imaging ecosystem involving photos, videos, imaging, and visual communication is the face of this industry growth. New players, technologies, and market segments are continuously evolving in this industry. The importance of digital media is on the rise due to an increase in the social media usage of consumers. More and more consumers are sharing digital content in the form of photos and videos. This is boosting demand for imaging devices such as cameras and, in turn, sales of camera lenses. Hence, this factor is anticipated to drive the optical lens edger market.

However, optical lens edger manufacturers are anticipated to face challenges due to various aspects of maturity in the production cycle. A declining rate of product improvement indicates that products have reached technical maturity. Moreover, the manufacturing process is shifting rapidly towards standardization of assembly procedures. Increase in the use of contact lens by consumers is impacting sales of spectacles negatively. Sales volumes of digital cameras are declining yearly owing to a rise in the sales of smartphones. Therefore, the optical lenses market is slowly approaching maturity. The market share and price structures of companies installing optical lenses into their end-products are increasingly stabilizing, owing to merger and acquisition activities. The imaging and vision industry is gradually showing signs of competitive maturity. These factors are expected to create a challenging environment for players operating in the optic lens edger market across the value chain.

Make an Enquiry Before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=2446

The design and structure of optical lens edging machines are becoming increasingly simplified as higher efficiency is achieved through automation in their operations. This allows less manual intervention, making the edging process speedy. The machines comprise an integrated 3-D drilling unit with control by 5-axis mechanism. This type of unit offers high-quality beveling and grooving performance to provide an attractive edge surface. These machines range from compact designs to integrated large units with advanced intelligent blockers and integrated imagers. These factors makes the simplified, efficient, and automated lens edger a trending product.

Some of the key players profiled in the global optical lens edger market are Essilor International S.A., Topcon Corporation, NIDEK CO., LTD., INNOVA Medical Ophthalmics Inc., Coburn Technologies Inc., Huvitz Corp., Mei Srl, Santinelli International, and Shanghai Supore Instruments Co. Ltd.

More Trending Reports by Transparency Market Research –

Adhesive Bandages Market: The global adhesive bandages market is anticipated to reach more than US$ 4.3 Bn by 2031. The global market is projected to expand at a CAGR of 3.9% from 2022 to 2031.

Adhesion Barriers Market: The global adhesion barriers market is anticipated to reach more than US$ 2.0 Bn by the end of 2031. The global market is projected to grow at a CAGR of 6.5% from 2022 to 2031.

Wearable Medical Devices Market: The global wearable medical devices market is anticipated to reach more than US$ 183.8 Bn by the end of 2031.

Mass Spectrometer Market: The global mass spectrometer market is anticipated to reach US$ 13.5 Bn by the end of 2031. The global market is projected to grow at a CAGR of 8.2% from 2022 to 2031.

Protein Analyzers Market: The global protein analyzers market is anticipated to reach more than US$ 5.6 Bn by the end of 2031. The global market is projected to advance at a CAGR of 8.5% from 2022 to 2031.

Label-free Array Systems Market: The label-free array systems market recorded sales of ~ US$ 1.1 Bn, and is projected to register a CAGR of ~ 7% during the period of 2019 to 2027.

Varicose Veins Treatment Market: The global varicose veins treatment market is anticipated to reach more than US$ 2.4 Bn by 2031. The global market is projected to grow at a CAGR of 4.8% from 2022 to 2031.

Wearable Medical Devices Market: The wearable medical devices market to expand at a CAGR of 19.1% for the forecast period from 2022 to 2031.

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Rohit Bhisey Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com Blog: https://tmrblog.com Email: sales@transparencymarketresearch.com

© 1985 - 2022 BioSpace.com. All rights reserved. Powered by Madgex Job Board Software