Registering a CAGR of 5.0% over the forecast period of 2022-2027, and the global Liquid Lens market is anticipated to reach the market value of US$ 30 million in the year 2027.
Varioptic accounted for 48.38% of the global Liquid Lenses production volume market share in 2016. Other players accounted for 18.99%, and 12.00% individually, such as Edmund Optics and Optilux. Global giant manufacturers are mainly distributed in Europe. They have unshakable status in this field. The key product markets locate at the USA and Europe. The USA takes the sales market share of 57.36% in 2016, and Europe followed with 39.54% in 2016. Despite the presence of competition problems, due to the global recovery trend is slight, investors are still optimistic about this area; the future will still have more new investments enter the field. In 2017, the global Liquid Lenses market size was 25 million US$ and is forecast to 37 million US in 2027, growing at a CAGR of 4.8% from 2018. The objectives of this study are to define, segment, and project the size of the Liquid Lenses market based on company, product type, application and key regions.
The report also assesses the key opportunities in the Liquid Lens market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Liquid Lenses Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Top Key players in the Liquid Lenses Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Liquid Lenses Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Invenios, Edmund Optics, Optilux, Opticon, Optotune and others.
Industry News and Updates:
Recent developments-
Liquid lens technology is moving to the heart of Silicon Valley, following the recent sale of Varioptic to the French wireless technology company Parrot SA. While Parrot, which acquired Varioptic in a €3.2 million deal on May 13, will develop the liquid lenses for biometric, industrial camera and medical applications, the newly incorporated Palo Alto firm Optilux has acquired exclusive rights to the technology for the smart phone and tablet computing sector.
The market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
Liquid Lenses Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Liquid Lenses Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
North America
The Liquid Lenses Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Liquid Lenses Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Liquid Lenses Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players Invenios, Edmund Optics, Optilux, Opticon, Optotune and others. |
Forecast Period 2022 to 2028 CAGR | CAGR of 5.0% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Invenios, Edmund Optics, Optilux, Opticon, Optotune and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
Key Takeaways from this Liquid Lenses Report
Frequently Asked Questions
What is the study period of this market?
The Liquid Lenses Market is studied from 2017 - 2027.
What is the growth rate of Liquid Lenses Market?
The Liquid Lenses Market is growing at a CAGR of 5.0% over the next 5 years.
Who are the key players in Liquid Lenses Market?
Invenios, Edmund Optics, Optilux, Opticon, Optotune and others.
What regions does this Liquid Lenses Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Liquid Lenses Market?
Electrowetting-Based Liquid Lense, Liquid Crystal Lense
What are the major end-use applications of Liquid Lenses Market?
Code Reader, Camera, Medical Imaging, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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