Analysts’ Viewpoint on Optical Lens Edger Market Scenario
Technological advancement has been the key driver of the global optical lens edger market over the last few years. The usage of equipment that offers higher precision in cutting lens is gaining traction among customers in ophthalmology and lab sciences industries. Various beveling functions are accomplished with the help of modern optical lens edgers. Manufacturers are focusing on characteristics such as ease of use, auto-calibration, and lens processing speed. Adoption of technologies that help optimize the entire workflow is a key trend in the global optical lens edger market. Demand for high quality finishes for modern optical edgers among industrial manufacturers is also propelling the global market. Key players are focusing on customization to gain competitive advantage in the optical lens market. Rise in demand for high-end lens edging option in research labs is fueling the global optical lens edger market. Equipment manufacturers are incorporating better sensors to prevent slippages of lens while processing. Increase in usage of 3D advanced technology is expected to open up new avenues in the near future.
Optical edger is a part of optical manufacturing equipment that edges, cuts, or grinds optical lenses so that they can fit into the selected frame. Different types of edging mode are automated beveling, controlled beveling, EX lens edging, rimless edging, automated grooving, and controlled grooving. Lens materials used for edging are plastic, glass, high-index plastic, acrylic resin, and polycarbonate. Currently, 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 forecast appears promising due to the rise in demand for optical lens edger in ophthalmology and camera industries. Around 1.3 billion individuals across 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. Around 826 million individuals live with a close vision disability. Overall, the primary causes of vision debilitation are uncorrected refractive mistakes and waterfalls. Around 80% of all vision hindrance internationally is viewed as avoidable.
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The COVID-19 pandemic has had a negative effect on the global optical lens edger market. Governments of affected countries deferred non-essential surgeries and patient visits during the breakout year of the COVID-19. This led to a substantial decline in overall non-emergency treatments, which in turn restricted the usage of optical lens edger in vision impairment. Several manufacturing plants came to a grinding halt and consumer spending declined considerably during COVID-19 induced lockdowns. This also hampered the prospects of the optical lens market. Key players reported decline in revenue during the pandemic. Nevertheless, over the past few months, economic activities have started to pick up pace in several parts of the world, paving the way for new growth momentum in the optical lens market. Technologically advanced equipment has grabbed the attention of end-use industries, especially among in-office lens finishing labs.
In terms of type, the semi-automatic lens edger segment accounted for significant global optical lens edger market share in 2021. Semi auto lens edger machine is more affordable than automatic optical lens edger. It is also more effective in terms of precision cutting than manual lens edger. Therefore, convenience and affordability make semi auto lens edger machine more preferable in standalone eyeglass shops, which form the largest user base for lens edgers. However, improvement in pricing scenario is expected to lead to a rise in demand for automatic lens edger devices. Furthermore, the automatic lens edger segment is expected to grow at a rapid pace during the forecast period. This can be ascribed to the advent of technology and availability of automatic lens edger with better precision.
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Based on application, the eyeglass lens segment accounted for major share of the global market in 2021. The trend is projected to continue during the forecast period. The eyeglass lens segment is anticipated to grow at a rapid pace during the forecast period. Eyeglass lens edgers are used significantly in the processing of eyeglasses. In terms of volume, eyeglasses are the most common ophthalmic products used globally, and is also the first line of treatment for vision disorders. Specialty sunglasses and eyeglasses can be used by people of different ages, making them suitable for everyone. The camera lens market is likely to grow at a rapid pace during the forecast period, as the image sector expands at consumer and industrial levels. Professionals and amateurs are using digital cameras more frequently considering the rise in importance of capturing and sharing images across several fields.
North America is projected to dominate the global optical lens edger market in the next few years. The market in the region is expected to grow at a moderate pace during the forecast period. The U.S accounted for major share of the market in North America in 2021. The country is expected to dominate the market in the region during the forecast period, owing to the presence of a large eyeglass consumer base. The market in Canada is likely to grow at a rapid pace in the next few years.
Germany constituted prominent share of the optical lens edger market in Europe in 2021. High eyeglasses consumer base is driving the market in the country. The market in the U.K. is expected to grow at a rapid pace in the near future, as the market in Germany and France is relatively saturated. Together, Spain and Italy are projected to account for one fifth of the lens edger market in Europe during the forecast period. The market in these countries is driven by the high adoption of eyeglasses among customers.
China dominated the lens edger market in Asia Pacific in 2021. Production of lens edgers in the country is high. Chinese lens edgers are the cheapest lens edgers available in the market. Thus, the market in China is primarily driven by the availability of low-cost lens edgers. Prominent market players in China include Ningbo FLO Optical Co and Nanjing Laite Optical Co. Ltd. The market in India is expected to grow at a rapid pace during the forecast period, owing to high demand for optical lens edgers in contact lens and camera industries in the country.
GCC countries is a leading sub-region of the lens edger market in Middle East & Africa. The sub-region is likely to dominate the market in Middle East & Africa during the forecast period. The market in South Africa is expected to be driven by favorable political environment, which is enabling the setting up of more factories and resulting in higher sales of lens edgers. Brazil accounted for significant share of the lens edger market in South America in 2021. The trend is expected to continue during the forecast period. The market in Brazil is likely to be driven by the increase in usage of eyeglasses among the population. Rest of South America constituted a small share of the market in Middle East & Africa in 2021. The market in the sub-region is expected to grow at a sluggish pace in the next few years.
The report includes vital information about the leading players in the global optical lens edger market. A small number of companies hold the majority share of the global optical lens edger market. Several players are focusing on strategies such as new product launches, divestiture, mergers & acquisitions, and partnerships to strengthen their position in the market. 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. are the prominent players operating in the global market.
Each of these players has been profiled in the optical lens edger market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
Attribute |
Detail |
Market Size Value in 2021 |
US$ 411.4 Mn |
Market Forecast Value in 2031 |
More than US$ 812.8 Mn |
Growth Rate (CAGR) for 2022–2031 |
7.0% |
Forecast Period |
2022–2031 |
Historical Data Available for |
2017–2021 |
Quantitative Units |
US$ Mn for Value |
Market Analysis |
It includes segment analysis as well as regional level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, and parent industry overview. |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Regions Covered |
|
Countries Covered |
|
Companies Profiled |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
The global optical lens edger market was valued at US$ 411.4 Mn in 2021.
The global market is projected to reach more than US$ 812.8 Mn by 2031.
The global optical lens edger market is anticipated to grow at a CAGR of 7.0% from 2022 to 2031.
Increase in demand for optical lens edger in the ophthalmology industry and technological advancements.
North America is expected to account for major share of the global optical lens edger market during the forecast period.
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.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Optical Lens Edger
4. Market Overview
4.1. Introduction
4.1.1. Type Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Optical Lens Edger Analysis and Forecast, 2017–2031
4.5. Porter’s Five Force Analysis
5. Key Insights
5.1. Technological Advancements
5.2. Key Mergers & Acquisitions
5.3. Key Type/brand Analysis
5.4. Top 3 players operating in the market space
5.5. COVID-19 Impact Analysis
6. Global Optical Lens Edger Analysis and Forecast, by Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Type, 2017–2031
6.3.1. Manual Optical Lens Edger
6.3.2. Automatic Optical Lens Edger
6.3.3. Semi-automatic Lens Edger
6.4. Market Attractiveness Analysis, by Type
7. Global Optical Lens Edger Analysis and Forecast, by Application
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by Application, 2017–2031
7.3.1. Eyeglass Lens
7.3.2. Microscope Lens
7.3.3. Camera Lens
7.3.4. Others
7.4. Market Attractiveness Analysis, by Application
8. Global Optical Lens Edger Analysis and Forecast, by Region
8.1. Key Findings
8.2. Market Value Forecast, by Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Market Attractiveness Analysis, by Region
9. North America Optical Lens Edger Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
9.2. Market Value Forecast, by Type, 2017–2031
9.2.1. Manual Optical Lens Edger
9.2.2. Automatic Optical Lens Edger
9.2.3. Semi-automatic Lens Edger
9.3. Market Value Forecast, by Application, 2017–2031
9.3.1. Eyeglass Lens
9.3.2. Microscope Lens
9.3.3. Camera Lens
9.3.4. Others
9.4. Market Value Forecast, by Country, 2017–2031
9.4.1. U.S.
9.4.2. Canada
9.5. Market Attractiveness Analysis
9.5.1. By Type
9.5.2. By Application
9.5.3. By Country
10. Europe Optical Lens Edger Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value Forecast, by Type, 2017–2031
10.2.1. Manual Optical Lens Edger
10.2.2. Automatic Optical Lens Edger
10.2.3. Semi-automatic Lens Edger
10.3. Market Value Forecast, by Application, 2017–2031
10.3.1. Eyeglass Lens
10.3.2. Microscope Lens
10.3.3. Camera Lens
10.3.4. Others
10.4. Market Value Forecast, by Country/Sub-region, 2017–2031
10.4.1. Germany
10.4.2. U.K.
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Rest of Europe
10.5. Market Attractiveness Analysis
10.5.1. By Type
10.5.2. By Application
10.5.3. By Country/Sub-region
11. Asia Pacific Optical Lens Edger Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast, by Type, 2017–2031
11.2.1. Manual Optical Lens Edger
11.2.2. Automatic Optical Lens Edger
11.2.3. Semi-automatic Lens Edger
11.3. Market Value Forecast, by Application, 2017–2031
11.3.1. Eyeglass Lens
11.3.2. Microscope Lens
11.3.3. Camera Lens
11.3.4. Others
11.4. Market Value Forecast, by Country/Sub-region, 2017–2031
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia & New Zealand
11.4.5. Rest of Asia Pacific
11.5. Market Attractiveness Analysis
11.5.1. By Type
11.5.2. By Application
11.5.3. By Country/Sub-region
12. Latin America Optical Lens Edger Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast, by Type, 2017–2031
12.2.1. Manual Optical Lens Edger
12.2.2. Automatic Optical Lens Edger
12.2.3. Semi-automatic Lens Edger
12.3. Market Value Forecast, by Application, 2017–2031
12.3.1. Eyeglass Lens
12.3.2. Microscope Lens
12.3.3. Camera Lens
12.3.4. Others
12.4. Market Value Forecast, by Country/Sub-region, 2017–2031
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Market Attractiveness Analysis
12.5.1. By Type
12.5.2. By Application
12.5.3. By Country/Sub-region
13. Middle East & Africa Optical Lens Edger Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast, by Type, 2017–2031
13.2.1. Manual Optical Lens Edger
13.2.2. Automatic Optical Lens Edger
13.2.3. Semi-automatic Lens Edger
13.3. Market Value Forecast, by Application, 2017–2031
13.3.1. Eyeglass Lens
13.3.2. Microscope Lens
13.3.3. Camera Lens
13.3.4. Others
13.4. Market Value Forecast, by Country/Sub-region, 2017–2031
13.4.1. GCC Countries
13.4.2. South Africa
13.4.3. Rest of Middle East & Africa
13.5. Market Attractiveness Analysis
13.5.1. By Type
13.5.2. By Application
13.5.3. By Country/Sub-region
14. Competition Landscape
14.1. Market Player - Competition Matrix (by tier and size of companies)
14.2. Market Share Analysis, by Company, 2021
14.3. Company Profiles
14.3.1. Essilor International S.A.
14.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.1.2. Type Portfolio
14.3.1.3. SWOT Analysis
14.3.1.4. Strategic Overview
14.3.2. Topcon Corporation
14.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.2.2. Type Portfolio
14.3.2.3. SWOT Analysis
14.3.2.4. Strategic Overview
14.3.3. NIDEK CO., LTD.
14.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.3.2. Type Portfolio
14.3.3.3. SWOT Analysis
14.3.3.4. Strategic Overview
14.3.4. INNOVA Medical Ophthalmics, Inc.
14.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.4.2. Type Portfolio
14.3.4.3. SWOT Analysis
14.3.4.4. Strategic Overview
14.3.5. Coburn Technologies, Inc.
14.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.5.2. Type Portfolio
14.3.5.3. SWOT Analysis
14.3.5.4. Strategic Overview
14.3.6. Huvitz Corp.
14.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.6.2. Type Portfolio
14.3.6.3. SWOT Analysis
14.3.6.4. Strategic Overview
14.3.7. Mei Srl
14.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.7.2. Type Portfolio
14.3.7.3. SWOT Analysis
14.3.7.4. Strategic Overview
14.3.8. Santinelli International
14.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.8.2. Type Portfolio
14.3.8.3. SWOT Analysis
14.3.8.4. Strategic Overview
14.3.9. Shanghai Supore Instruments Co. Ltd.
14.3.9.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.9.2. Type Portfolio
14.3.9.3. SWOT Analysis
14.3.9.4. Strategic Overview
*Note: Financial details for companies that do not report this information in public domain might not be capture
List of Tables
Table 01: Global Optical Lens Edger Market Value Share, by Type, 2021
Table 02: Global Optical Lens Edger Market Value Share, by Application, 2021
Table 03: Global Optical Lens Edger Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 04: Global Optical Lens Edger Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 05: Global Optical Lens Edger Market Value (US$ Mn) Forecast, by Region, 2017–2031
Table 06: North America Optical Lens Edger Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 07: North America Optical Lens Edger Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 08: North America Optical Lens Edger Market Value (US$ Mn) Forecast, by Country, 2017–2031
Table 09: Europe Optical Lens Edger Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 10: Europe Optical Lens Edger Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 11: Europe Optical Lens Edger Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 12: Asia Pacific Optical Lens Edger Market (US$ Mn) Forecast, by Type, 2017–2031
Table 13: Asia Pacific Optical Lens Edger Market (US$ Mn) Forecast, by Application, 2017–2031
Table 14: Asia Pacific Optical Lens Edger Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 15: Latin America Optical Lens Edger Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 16: Latin America Optical Lens Edger Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 17: Latin America Optical Lens Edger Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 18: Middle East & Africa Optical Lens Edger Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 19: Middle East & Africa Optical Lens Edger Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 20: Middle East & Africa Optical Lens Edger Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
List of Figures
Figure 01: Global Optical Lens Edger Market Snapshot
Figure 02: Global Optical Lens Edger Market Segments with Leading Market Share (%), 2021
Figure 03: Global Optical Lens Edger Market Value (US$ Mn) Forecast, 2017–2031
Figure 04: Global Optical Lens Edger Market Value Share (%), by Type (2021)
Figure 05: Global Optical Lens Edger Market Value Share (%), by Application (2021)
Figure 06: Global Optical Lens Edger Market Value Share (%), by Region (2021)
Figure 07: Global Optical Lens Edger Market Value Share Analysis, by Type, 2021 and 2031
Figure 08: Global Optical Lens Edger Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Automatic Lens Edger, 2017–2031
Figure 09: Global Optical Lens Edger Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Semi-automatic Lens Edger, 2017–2031
Figure 10: Global Optical Lens Edger Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Manual Lens Edger, 2017–2031
Figure 11: Global Optical Lens Edger Market Attractiveness Analysis, by Type, 2021–2031
Figure 12: Global Optical Lens Edger Market Value Share Analysis, by Application, 2021 and 2031
Figure 13: Global Optical Lens Edger Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Eyeglass Lens, 2021-2031
Figure 14: Global Optical Lens Edger Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Microscope Lens Application, 2021-2031
Figure 15: Global Optical Lens Edger Market Attractiveness Analysis, by Application, 2021–2031
Figure 16: Global Optical Lens Edger Market Value Share Analysis, by Region 2021 and 2031
Figure 17: Global Optical Lens Edger Market Attractiveness Analysis, by Region, 2022–2031
Figure 18: North America Optical Lens Edger Market Value (US$ Mn) and Y-o-Y Growth (%) Forecast, 2071–2031
Figure 19: North America Optical Lens Edger Market Value Share (%), by Type, 2021 and 2031
Figure 20: North America Optical Lens Edger Market Attractiveness Analysis, by Type, 2022–2031
Figure 21: North America Optical Lens Edger Market Value Share (%), by Application, 2021 and 2031
Figure 22: North America Optical Lens Edger Market Attractiveness Analysis, by Application, 2022–2031
Figure 23: North America Optical Lens Edger Market Value Share (%), by Country, 2021 and 2031
Figure 24: North America Optical Lens Edger Market Attractiveness Analysis, by Country, 2022–2031
Figure 25: Europe Optical Lens Edger Market Value (US$ Mn) and Y-o-Y Growth (%) Forecast, 2017–2031
Figure 26: Europe Optical Lens Edger Market Value Share (%), by Type, 2021 and 2031
Figure 27: Europe Optical Lens Edger Market Attractiveness Analysis, by Type, 2022–2031
Figure 28: Europe Optical Lens Edger Market Value Share (%), by Application, 2021 and 2031
Figure 29: Europe Optical Lens Edger Market Attractiveness Analysis, by Application, 2022–2031
Figure 30: Europe Optical Lens Edger Market Value Share (%), by Country/Sub-region, 2021 and 2031
Figure 31: Europe Optical Lens Edger Market Attractiveness Analysis, by Country/Sub-region, 2022–2031
Figure 32: Asia Pacific Optical Lens Edger Market Value (US$ Mn) and Y-o-Y Growth (%) Forecast, 2017–2031
Figure 33: Asia Pacific Optical Lens Edger Market Value Share (%), by Type, 2021 and 2031
Figure 34: Asia Pacific Optical Lens Edger Market Attractiveness Analysis, by Type, 2022–2031
Figure 35: Asia Pacific Optical Lens Edger Market Value Share (%), by Application, 2021 and 2031
Figure 36: Asia Pacific Optical Lens Edger Market Attractiveness Analysis, by Application, 2021–2031
Figure 37: Asia Pacific Optical Lens Edger Market Value Share (%), by Country/Sub-region, 2021 and 2031
Figure 38: Asia Pacific Optical Lens Edger Market Attractiveness Analysis, by Country/Sub-region, 2022–2031
Figure 39: Latin America Optical Lens Edger Market Value (US$ Mn) and Y-o-Y Growth (%) Forecast, 2017–2031
Figure 40: Latin America Optical Lens Edger Market Value Share (%), by Type, 2021 and 2031
Figure 41: Latin America Optical Lens Edger Market Attractiveness Analysis, by Type, 2022–2031
Figure 42: Latin America Optical Lens Edger Market Value Share (%), by Application, 2021 and 2031
Figure 43: Latin America Optical Lens Edger Market Attractiveness Analysis, by Application, 2022–2031
Figure 44: Latin America Optical Lens Edger Market Value Share (%), by Country/Sub-region, 2021 and 2031
Figure 45: Latin America Optical Lens Edger Market Attractiveness Analysis, by Country/Sub-region, 2021–2031
Figure 46: Middle East & Africa Optical Lens Edger Market Value (US$ Mn) and Y-o-Y Growth (%) Forecast, 2017–2031
Figure 47: Middle East & Africa Optical Lens Edger Market Value Share (%), by Type, 2021 and 2031
Figure 48: Middle East & Africa Optical Lens Edger Market Attractiveness Analysis, by Type, 2022–2031
Figure 49: Middle East & Africa Optical Lens Edger Market Value Share (%), by Application, 2021 and 2031
Figure 50: Middle East & Africa Optical Lens Edger Market Attractiveness Analysis, by Application, 2022–2031
Figure 51: Middle East & Africa Optical Lens Edger Market Value Share (%), by Country/Sub-region, 2021 and 2031
Figure 52: Middle East & Africa Optical Lens Edger Market Attractiveness Analysis, by Country/Sub-region, 2022–2031
Figure 53: Global Optical Lens Edger Market Share Analysis, by Company (2021)