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According to the latest research, the global Automotive Lens market size was valued at USD 2163.96 million in 2022 and is expected to expand at a CAGR of 18.35% during the forecast period, reaching USD 5947.4 million by 2028.
Limitations
The automotive industry accounted for 20% of GDP growth in 2018 and about 30% of global trade growth. The reason for the decline is that certain markets have reached the maximum saturation of cars (also known as "peak cars"), and headwinds of car supply and demand may drag the car industry down.
As regulatory and trade tensions hit their core businesses, automakers' margins are under greater pressure.
The EU and China are enacting stricter pollution laws, forcing companies to spend more on low-emission technologies. Tariffs between China and the United States have also increased the cost of key automotive manufacturing materials and eroded manufacturers' profits. The trend of autonomous driving and electric vehicles has also proven to be expensive.
As the automotive industry saturates, and automakers' profits have fallen, in 2018, the industry's production and sales both experienced a "dramatic decline." To some extent, it will limit the development of automotive lenses.
Region Overview:
From 2023-2028, United States is estimated to witness robust growth prospects.
Company Overview:
The top three companies are Sunny Optical Technology (Group), SEKONIX, Kantatsu with the revenue market share of 33.70%, 15.88% and 10.03% in 2018.
Sunny Optical Technology (Group) Co. Ltd. engages in the design, manufacture, and sale of optical and optical devices products. The company's main products include three categories, one is optical components, mainly including glass / plastic lenses, flat lenses and various lenses; the second is optical products, mainly including mobile phone camera modules and other photoelectric modules, to intelligent 3D products The intelligent optical business for the purpose; the third is optical instruments, mainly including microscopes, intelligent equipment business for the purpose of combining deep learning, and intelligent technology business for the purpose of digital factory solutions. The company's products are mainly used in consumer electronics fields such as mobile phones, automobiles, and cameras.
SEKONIX
Since its establishment in 1998, the company has developed CRT projection television lenses for the first time worldwide and successfully achieved localization. In 2002, we first developed and massproduced VGA camera lenses for mobile phones in South Korea, and in 2006 we developed and massproduced car cameras. In 2012, we successfully developed an ultra-small projector module with a built-in mobile phone.
Segmentation Overview:
Among different product types, Side View Lens segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Passenger Vehicles segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Automotive Lens industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Automotive Lens. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Automotive Lens Market Report Include:
Market Size Estimates: Automotive Lens market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Automotive Lens market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Automotive Lens market
Segment Market Analysis: Automotive Lens market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Automotive Lens market situations and prospects in major and top regions and countries
Automotive Lens Market
Automotive Lens Industry Chain: Automotive Lens market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Automotive Lens Industry News, Policies by regions
Automotive Lens Industry Porters Five Forces Analysis
Key players in the global Automotive Lens market are covered in Chapter 2:
SEKONIX
Ofilm Jingchuang Opto Electronics (Tianjin)
Largan Precision
Sunex
Sunny Optical Technology (Group)
Kantatsu
Union Optech
Genius Electronic Optical (GSEO)
KAVAS
In Chapter 6 and Chapter 9, on the basis of types, the Automotive Lens market from 2018 to 2028 is primarily split into:
Front View Lens
Rear View Lens
Side View Lens
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Automotive Lens market from 2018 to 2028 covers:
Passenger Vehicle
Commercial Vehicle
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Automotive Lens market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Automotive Lens industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Automotive Lens market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Automotive Lens industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Automotive Lens market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Automotive Lens market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Automotive Lens market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Limitations
The automotive industry accounted for 20% of GDP growth in 2018 and about 30% of global trade growth. The reason for the decline is that certain markets have reached the maximum saturation of cars (also known as "peak cars"), and headwinds of car supply and demand may drag the car industry down.
As regulatory and trade tensions hit their core businesses, automakers' margins are under greater pressure.
The EU and China are enacting stricter pollution laws, forcing companies to spend more on low-emission technologies. Tariffs between China and the United States have also increased the cost of key automotive manufacturing materials and eroded manufacturers' profits. The trend of autonomous driving and electric vehicles has also proven to be expensive.
As the automotive industry saturates, and automakers' profits have fallen, in 2018, the industry's production and sales both experienced a "dramatic decline." To some extent, it will limit the development of automotive lenses.
Region Overview:
From 2023-2028, United States is estimated to witness robust growth prospects.
Company Overview:
The top three companies are Sunny Optical Technology (Group), SEKONIX, Kantatsu with the revenue market share of 33.70%, 15.88% and 10.03% in 2018.
Sunny Optical Technology (Group) Co. Ltd. engages in the design, manufacture, and sale of optical and optical devices products. The company's main products include three categories, one is optical components, mainly including glass / plastic lenses, flat lenses and various lenses; the second is optical products, mainly including mobile phone camera modules and other photoelectric modules, to intelligent 3D products The intelligent optical business for the purpose; the third is optical instruments, mainly including microscopes, intelligent equipment business for the purpose of combining deep learning, and intelligent technology business for the purpose of digital factory solutions. The company's products are mainly used in consumer electronics fields such as mobile phones, automobiles, and cameras.
SEKONIX
Since its establishment in 1998, the company has developed CRT projection television lenses for the first time worldwide and successfully achieved localization. In 2002, we first developed and massproduced VGA camera lenses for mobile phones in South Korea, and in 2006 we developed and massproduced car cameras. In 2012, we successfully developed an ultra-small projector module with a built-in mobile phone.
Segmentation Overview:
Among different product types, Side View Lens segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Passenger Vehicles segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Automotive Lens industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Automotive Lens. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Automotive Lens Market Report Include:
Market Size Estimates: Automotive Lens market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Automotive Lens market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Automotive Lens market
Segment Market Analysis: Automotive Lens market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Automotive Lens market situations and prospects in major and top regions and countries
Automotive Lens Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Automotive Lens Industry Chain: Automotive Lens market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Automotive Lens Industry News, Policies by regions
Automotive Lens Industry Porters Five Forces Analysis
Key players in the global Automotive Lens market are covered in Chapter 2:
SEKONIX
Ofilm Jingchuang Opto Electronics (Tianjin)
Largan Precision
Sunex
Sunny Optical Technology (Group)
Kantatsu
Union Optech
Genius Electronic Optical (GSEO)
KAVAS
In Chapter 6 and Chapter 9, on the basis of types, the Automotive Lens market from 2018 to 2028 is primarily split into:
Front View Lens
Rear View Lens
Side View Lens
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Automotive Lens market from 2018 to 2028 covers:
Passenger Vehicle
Commercial Vehicle
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Automotive Lens market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Automotive Lens industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Automotive Lens market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Automotive Lens industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Automotive Lens market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Automotive Lens market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Automotive Lens market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
