2014-2024 Global Photochromic Lens Market Forecast & Opportunities
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Table of Contents S. No.
Contents
1.
Photochromic Lens: An Introduction
2.
Research Methodology
3.
Executive Summary
4.
Voice of Customer/End User Analysis
5.
4.1
Brand awareness (Aided & Unaided)
4.2.
Sources of information
4.3.
Preferred Point of Purchase
4.4.
Factors Influencing Purchase Decision
Global Photochromic Lens Market Outlook 5.1.
Market Size & Forecast
5.1.1. 5.2.
5.3. 6.
By Value
Market Share & Forecast 5.2.1.
By Material (Glass; Polycarbonate; Plastic)
5.2.2.
By Technology Type (In mass; Imbibing & Trans bonding)
5.2.3.
By Application (Corrective; Preventive)
5.2.4.
By Distribution Channel (Online Retail; Optical Chains; Independent Eye Care Professionals)
5.2.5.
By Region (North America; Europe; Asia Pacific; South America; Middle East & Africa)
5.2.6.
By Company (2018)
Market Attractiveness Index (By Material, By Technology Type; By Distribution Channel and By Region)
Europe Photochromic Lens Market Outlook 6.1.
Market Size & Forecast
6.2.
Market Share & Forecast
6.1.1.
6.3.
By Value
6.2.1.
By Material
6.2.2.
By Technology
6.2.3.
By Application
6.2.4.
By Country
United Kingdom Photochromic Lens Market Outlook
2
Table of Contents S. No.
Contents 6.3.1.
Market Size & Forecast
6.3.1.1. 6.3.2.
6.4.
Market Share & Forecast 6.3.2.1.
By Material
6.3.2.2.
By Technology
6.3.2.3.
By Application
Germany Photochromic Lens Market Outlook 6.4.1.
Market Size & Forecast 6.4.1.1.
6.4.2.
6.5.
Market Share & Forecast 6.4.2.1.
By Material
6.4.2.2.
By Technology
6.4.2.3.
By Application
Market Size & Forecast 6.5.1.1.
6.5.2.
By Value
Market Share & Forecast 6.5.2.1.
By Material
6.5.2.2.
By Technology
6.5.2.3.
By Application
Spain Photochromic Lens Market Outlook 6.6.1.
Market Size & Forecast 6.6.1.1.
6.6.2.
6.7.
By Value
Italy Photochromic Lens Market Outlook
6.5.1.
6.6.
By Value
By Value
Market Share & Forecast 6.6.2.1.
By Material
6.6.2.2.
By Technology
6.6.2.3.
By Application
France Photochromic Lens Market Outlook 6.7.1.
Market Size & Forecast 6.7.1.1.
By Value
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Table of Contents S. No.
Contents 6.7.2.
7.
Market Share & Forecast 6.7.2.1.
By Material
6.7.2.2.
By Technology
6.7.2.3.
By Application
North America Photochromic Lens Market Outlook 7.1.
Market Size & Forecast 7.1.1.
7.2.
7.3.
By Value
Market Share & Forecast 7.2.1.
By Material
7.2.2
By Technology
7.2.3
By Application
7.2.4
By Country
United States Photochromic Lens Market Outlook 7.3.1.
Market Size & Forecast 7.3.1.1.
7.3.2.
7.4.
Market Share & Forecast 7.3.2.1.
By Material
7.3.2.2.
By Technology
7.3.2.3.
By Application
Canada Photochromic Lens Market Outlook 7.4.1.
Market Size & Forecast 7.4.1.1.
7.4.2.
7.5.
By Value
By Value
Market Share & Forecast 7.4.2.1.
By Material
7.4.2.2.
By Technology
7.4.2.3.
By Application
Mexico Photochromic Lens Market Outlook 7.5.1.
Market Size & Forecast 7.5.1.1.
By Value
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Table of Contents S. No.
Contents 7.5.2.
8.
Market Share & Forecast 7.5.2.1.
By Material
7.5.2.2.
By Technology
7.5.2.3.
By Application
Asia-Pacific Photochromic Lens Market Outlook 8.1.
Market Size & Forecast 8.1.1.
8.2.
8.3.
By Value
Market Share & Forecast 8.2.1.
By Material
8.2.2
By Technology
8.2.3
By Application
8.2.4
By Country
China Photochromic Lens Market Outlook 8.3.1.
Market Size & Forecast
8.3.1.1. 8.3.2.
8.4.
Market Share & Forecast 8.3.2.1.
By Material
8.3.2.2.
By Technology
8.3.2.3.
By Application
New Zealand Photochromic Lens Market Outlook 8.4.1.
Market Size & Forecast 8.4.1.1.
8.4.2.
8.5.
By Value
By Value
Market Share & Forecast 8.4.2.1.
By Material
8.4.2.2.
By Technology
8.4.2.3.
By Application
India Photochromic Lens Market Outlook 8.5.1.
Market Size & Forecast 8.5.1.1
By Value
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Table of Contents S. No.
Contents 8.5.2.
8.6.
Market Share & Forecast 8.5.2.1.
By Material
8.5.2.2.
By Technology
8.5.2.3.
By Application
Singapore Photochromic Lens Market Outlook 8.6.1.
Market Size & Forecast 8.6.1.1.
8.6.2.
8.7.
Market Share & Forecast 8.6.2.1.
By Material
8.6.2.2.
By Technology
8.6.2.3.
By Application
Australia Photochromic Lens Market Outlook 8.7.1.
Market Size & Forecast
8.7.2.
Market Share & Forecast
8.7.1.1.
9.
By Value
By Value
8.7.2.1.
By Material
8.7.2.2.
By Technology
8.7.2.3.
By Application
South America Photochromic Lens Market Outlook 9.1.
Market Size & Forecast 9.1.1.
9.2.
9.3.
By Value
Market Share & Forecast 9.2.1.
By Material
9.2.2.
By Technology
9.2.3.
By Application
9.2.4.
By Country
Argentina Photochromic Lens Market Outlook 9.3.1.
Market Size & Forecast 9.3.1.1.
By Value
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Table of Contents S. No.
Contents 9.3.2.
9.4.
Market Share & Forecast 9.3.2.1.
By Material
9.3.2.2.
By Technology
9.3.2.3.
By Application
Brazil Photochromic Lens Market Outlook 9.4.1.
Market Size & Forecast 9.4.1.1.
9.4.2.
9.5.
Market Share & Forecast
9.4.2.1.
By Material
9.4.2.2.
By Technology
9.4.2.3.
By Application
Venezuela Photochromic Lens Market Outlook 9.5.1.
Market Size & Forecast 9.5.1.1.
9.5.2.
10.
By Value
By Value
Market Share & Forecast 9.5.2.1.
By Material
9.5.2.2.
By Technology
9.5.2.3.
By Application
Middle East & Africa Photochromic Lens Market Outlook 10.1
Market Size & Forecast 10.1.1
10.2.
10.3
By Value
Market Share & Forecast 10.2.1.
By Material
10.2.2.
By Technology
10.2.3.
By Application
10.2.4.
By Country
Iran Photochromic Lens Market Outlook 10.3.1.
Market Size & Forecast 10.3.1.1.
By Value
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Table of Contents S. No.
Contents 10.3.2.
10.4.
Market Share & Forecast 10.3.2.1.
By Material
10.3.2.2.
By Technology
10.3.2.3.
By Application
Nigeria Photochromic Lens Market Outlook 10.4.1.
Market Size & Forecast 10.4.1.1.
10.4.2.
10.5.
Market Share & Forecast 10.4.2.1.
By Material
10.4.2.2.
By Technology
10.4.2.3.
By Application
Saudi Arabia Photochromic Lens Market Outlook 10.5.1.
Market Size & Forecast
10.5.1.1. 10.5.2.
10.6.
By Value
Market Share & Forecast 10.5.2.1.
By Material
10.5.2.2.
By Technology
10.5.2.3.
By Application
South Africa Photochromic Lens Market Outlook 10.6.1
Market Size & Forecast 10.6.1.1.
10.6.2
11.
By Value
By Value
Market Share & Forecast 10.6.2.1.
By Material
10.6.2.2.
By Technology
10.6.2.3.
By Application
Market Dynamics 11.1.
Drivers
11.2.
Challenges
8
Table of Contents S. No.
Contents
12.
Market Trends & Developments
13.
Competitive Landscape 13.1.
Competitive Outlook
13.2.
Company Profiles (Leading 10 Companies) 13.2.1.
Essilor International S.A.
13.2.2.
Carl Zeiss Meditec AG
13.2.3.
Corning Incorporated
13.2.4.
Seiko Optical Products Co. Ltd.
13.2.5.
Hoya Corporation
13.2.6.
Transitions Optical Limited
13.2.7.
Vision Dynamics LLC
13.2.8.
Tokai Optical Co. Ltd.
13.2.9.
Optiswiss AG
13.2.10.
Vision Service Plan
14.
Strategic Recommendations
15.
About Us & Disclaimer
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PRODUCT OVERVIEW PHOTOCHROMIC LENS
Product Overview Photochromic Lens
GLOBAL PHOTOCHROMIC LENS MARKET is growing, owing to rising levels of ultraviolet radiations in the atmosphere which can lead to eye diseases. Photochromic lenses are the eye lenses that when exposed to ultraviolet radiations in sunlight, darken automatically. They return to lighten shade when no longer exposed to ultraviolet radiations. Declining prices, rising geriatric population and growing popularity of these lenses are anticipated to significantly contribute to the growth of global photochromic lens market during forecast period.
Photochromic Lens Market
By Material
By Technology
By Application
By Distribution Channel
By Region
▪ Glass
▪ In mass
▪ Corrective
▪ Online Retail
▪ North America
▪ Polycarbonate
▪ Imbibing &
▪ Preventive
▪ Optical Chains
▪ South America
▪ Independent Eye Care
▪ Asia-Pacific
▪ Plastic
Trans bonding
Professionals
▪ Europe ▪ Middle East & Africa
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RESEARCH METHODOLOGY
Research Methodology
Market Profiling
In-depth secondary research was conducted to determine top players in global photochromic lens market, overall market size and segmental market size.
Formulating Questionnaire
In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide.
Data Collection
Developing List of Respondents
Data obtained as a result of primary and secondary research was validated through rigorous triangulation.
TechSci conducted interviews with industry experts and industry players for data collection and verification.
List of industry players and industry specialists was developed.
Primary Research
Data Collection
Data Filter & Analysis
Research & Intelligence
Actionable Insights
Business Solution
✓ ✓ ✓ ✓ ✓
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✓ Market Participants ✓ Key Strengths
Secondary Research
✓ ✓
13
Company Analysis
✓ Recent Developments ✓ Market Changing Aspects/Dynamics ✓ Government Policies ✓ Final Conclusion
Primary Research LinkedIn TechSci Internal Database
The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about global photochromic lens market.
Desk Research
✓ Identifying Key Opinion Leaders ✓ Questionnaire Design ✓ In-depth Interviews
✓ ✓
Data Analysis
Data Validation
Company Website Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc.
Paid Sources
✓ ✓
Factiva Hoovers
© TechSci Research
Research Methodology Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of global photochromic lens market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors and speculated robust growth for the next five years. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in global photochromic lens market.
Methodology Followed for Calculation of Market Size:
Market Size by Value: Market size, in terms of value, for the year 2018 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as photochromic lens companies.
The team interviewed more than 15 companies, 150 industry experts and other value chain stakeholders in global photochromic lens market to obtain the overall market size during 2014-2018, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data for 20142018.
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Research Methodology
Respondents were asked about the current and future market growth rates, market shares by material, by technology, by application, by distribution channel and by each region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders depending upon the type of photochromic lens.
Methodology Followed for Calculation of Market Shares:
Market shares by material, by technology, by application, by distribution channel, by each region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various type of photochromic lenses. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
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Š TechSci Research
Research Methodology Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global photochromic lens market, TechSci Research used various forecast techniques such as: o
Moving Average
o
Time Series Analysis
o
Regression Analysis
o
Econometric and Judgmental Analysis
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium- and long-term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data.
Partial List of Companies Interviewed
Carl Zeiss Meditec AG, Corning Incorporated, Essilor International S.A., Hoya Corporation, Vision Service Plan, Transitions Optical Limited, Optiswiss AG, Tokai Optical Co., Ltd., Seiko Optical Products Co., Ltd., Vision Dynamics LLC, etc.
Partial List of Secondary Sources considered
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Company Annual Reports, Industry Magazines, Industry Reports, News Dailies, Credible Paid Databases, Proprietary Database, etc.
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Š TechSci Research
Industry Brief According to TechSci Research report, “Global Photochromic Lens Market By Material, By Technology, By Application, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024”, global photochromic lens market is expected to register a CAGR of over 8.3% during 2019-2024, on the back of rising popularity of these lenses, product innovations with enhanced technology and rising awareness towards eye care. Moreover, growing ageing population across the globe and rising demand for photochromic lenses among older population is further anticipated to positively influence global photochromic lens market over the coming years. In terms of material, global photochromic lens market is categorized into glass, polycarbonate and plastic, of which polycarbonate is the rapidly growing segment on account of quick-darkening and quick-clearing effect of these lenses and product innovation, i.e., availability of different colors in polycarbonate lenses. Based on the distribution channel, global photochromic lens market is segmented into online, optical chains, and independent eye care stores. Of all, online segment is predicted to witness a significant growth during forecast period owing to the wide range of product offerings and various deals offered by the e-commerce vendors. However, independent eye care stores segment is expected to continue its dominance during forecast period. Essilor International S.A., Carl Zeiss AG, Corning Inc., Seiko Optical Products Co., Ltd., Hoya Corporation, etc., were some of the leading players in global photochromic lenses market in 2018 and are expected to maintain their position during forecast period as well. Among regions, North America dominated the market with 41% share in 2018. High discretionary expenditure and style statement associated with photochromic lenses are some of the major factors that have driven the market in the region. On the basis of manufacturing technology, global photochromic lenses market can be broadly categorized into in-mass technology and imbibed & trans-bonding technology. In-mass technology is the most widely used technology for manufacturing photochromic lenses due to low operational cost for implementing the technology. Moreover, this technology is applicable on all types of lens materials.
“Global photochromic lens market is anticipated to register a steady growth over the course of next five years. Technological advancements, increasing retail outlets and comfort and style benefits offered by photochromatic lenses are the factors fueling growth in global photochromic lenses market. Moreover, global photochromic lenses market is further anticipated to witness growth in the coming years owing to rising cases of eye diseases, increasing diagnostic procedures for ophthalmology and growing awareness among consumers.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
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Sample Data- Snapshots Global Photochromic Lens Market Size, By Value
Global Photochromic Lens Market Share, By Company, By
(USD Million), 2014–2024F
Value, 2018
CAGR 2014-2018
CAGR 2019E-2024F
By Value: XX%
By Value: YY%
Company A
Company C
15.00
14.00
13.00
12.00
11.00
10.00
9.00
8.00
7.00
6.00
5.00
Company B
Company D Others
Europe Photochromic Lens Market Share, By Material, By
Germany Photochromic Lens Market Share, By
Value, 2014–2024F
Technology, By Value, 2014–2024F
34% 34% 34% 34% 34% 34% 34% 34% 34% 34% 34% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33%
Imbibing & Trans bonding Plastic
Polycarbonate
Glass
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In mass
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About Us & Disclaimer About Us :
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Saudi Arabia Wireless Headphones Market Forecast and Opportunities, 2013 – 2023 Global Hydrogel Market Forecast and Opportunities, 2013 – 2023
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Disclaimer : The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
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