Know More About Changing Market Dynamics of Photochromic Lenses Industry – Business Strategy, Segmentation, Competitive Landscape, Market Opportunity, Size and Share (2019-2026)

Photochromic Lenses Market: Information by Type (Glass, Standard Plastic (1.53 Coat and Uncoated), Mid-Index Plastic (1.53 to 1.65), High-Index Plastic (Above 1.65), Polycarbonate) End-use (Children, Outdoor Activities, People with Light Sensitivity, Other), and Region (Asia-Pacific, North America, Europe, Latin America, and Others) — Global Forecast till 2026

Photochromic lenses are optical lenses that darken on exposure to specific types of light of sufficient intensity, typically ultraviolet (UV) radiation. Photochromic lenses can be made of glass, polycarbonate, or another plastic. They are principally used in eyeglasses that are dark in bright sunlight, but clear in low ambient light conditions. They darken significantly within about a minute of exposure to bright light, and take somewhat longer to clear. A range of clear and dark transmittances are available.

The report shows the Photochromic Lenses market is valued at approximately USD xxxx million in 2019 and is expected to generate revenue of around USD xxxx million by 2026, growing at a CAGR of roughly xxxx% from 2019 and 2026.

Market Opportunity

Basically, the collaboration among key players for Photochromic lenses development is likely to result in innovative products to fulfill consumer demand, therefore pushing the global market growth. Also, surging demand for photochromic lenses among the older population coupled with the growing geriatric group across the globe is fueling demand for such products. Moreover, the emerging trend that more teenagers are suffering from acute nearsightedness as a result of the over activities of using electronic devices such as smartphones, tablets, laptops, and televisions, this, however, is likely to drive the global Photochromic Lenses market growing at an expeditious rate.

By type, the glass segment accounts for the leading position for stimulating market growth, whereas, the Polycarbonate type is anticipated to emerge as the most attractive segment market over the forecast period, due to its affordable product prices, growing demand for such materials, along with the availability of advanced lenses products.

Market Player

Key manufacturers profiled in the global Photochromic Lenses market are Essilor (Transitions Optical), Carl Zeiss, Vision Ease, Rodenstoc, Corning, Hoya Vision, SEIKO Optical Products, Optical Dynamics, Younger Optics, and etc.

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Market Segmentation

By Type

Ÿ          Glass

Ÿ          Standard Plastic (1.53 Coat and Uncoat)

Ÿ          Mid-Index Plastic (1.53 to 1.65)

Ÿ          High-Index Plastic (Above 1.65)

Ÿ          Polycarbonate

By Application

Ÿ          Children

Ÿ          Outdoor Activities

Ÿ          People with Light Sensitivity

Ÿ          Other

By Region

Ÿ   North America

u          U.S.

u          Canada

u          Mexico

Ÿ   Europe

u          Germany

u          France

u          Italy

u          Spain

u          U.K.

u          Nordic Countries

u          Belgium

u          Russia

u          Rest of Europe

Ÿ   Asia Pacific

u          China

u          India

u          Australia

u          Japan

u          South Korea

u          Australia and New Zealand

u          Rest of Asia Pacific

Ÿ   Latin America, Middle East & Africa

u          GCC Countries

u          Brazil

u          Nigeria

u          Argentina

u          South Africa

u          Others

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Regional Highlights

Geographically, the global Photochromic Lenses market can be bifurcated into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Europe is the largest market with a proportion of xxxx%, followed by North America and Asia-Pacific, accounting for xxxx% and xxxx% respectively. While it is predicted that the Asia-Pacific will become the fast-growing region in the global Photochromic Lenses market with a CAGR of xx% during 2019-2026, and valued at xx% of total sales. This can be explained by the increasing number of ophthalmologists, rising in per capita health care expenditure, high prevalence of eye diseases, as well as growing awareness towards eye care in the region.

Market Analyze Period

l   Base Year: 2018

l   Estimated Year: 2019

l   Forecast Period: 2019 to 2026

Table of Content

1 Report Overview

1.1 Product Definition and Scope

1.2 PEST (Political, Economic, Social and Technological) Analysis of Photochromic Lenses Market

2 Market Trends and Competitive Landscape

3 Segmentation of Photochromic Lenses Market by Types

4 Segmentation of Photochromic Lenses Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Photochromic Lenses Market in Major Countries

7 North America Photochromic Lenses Landscape Analysis

8 Europe Photochromic Lenses Landscape Analysis

9 Asia Pacific Photochromic Lenses Landscape Analysis

10 Latin America, Middle East & Africa Photochromic Lenses Landscape Analysis  

11 Major Players Profile

11.1 Essilor (Transitions Optical)

11.1.1 Essilor (Transitions Optical) Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Carl Zeiss

11.3 Vision Ease

11.4 Rodenstoc

11.5 Corning

11.6 Hoya Vision

11.7 SEIKO Optical Products

11.8 Optical Dynamics

11.9 Younger Optics

Report Key Audience

l   Photochromic Lenses manufacturers

l   Raw material suppliers of Photochromic Lenses

l   Downstream vendors and end-users

l   Traders, distributors, and resellers of Photochromic Lenses

l   Consumer products, chemical materials industry associations and research organizations

l   Product managers, Photochromic Lenses industry administrator, C-level executives of the industries

l   Market Research and consulting firms

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