Optical Lens Edger Market to Exceed US$ 812.8 Mn by 2031: TMR Study

2022-10-10 08:32:41 By : Ms. Tea zhao

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WILMINGTON, Del. , Sept. 15, 2022 /PRNewswire/ -- Recent developments in the optical lens edger market indicate that there is a clear shift toward automated systems to meet the customer demands in ophthalmology and lab sciences applications. Over the years, manufacturers have also geared toward equipping the systems with features that enable customers to optimize the entire workflow. The global optical lens edger market is projected to advance at CAGR of 7.00% during the forecast period of 2022–2031.

Automatic and semi-automatic lens edgers are expected to be the largest revenue generator in optical lens edger market. Focus on customization is emerging as a value proposition for many firms in market. Moreover, products integrated with high-end digital technologies enable them to capture steady revenue streams from industrial end-users. A case in point is the use of 3D lens sensors.

User convenience combined with affordability will be key aspects that will drive the future market demand for optical lens edger. Demand for high-precision equipment in lab applications is expected to generate substantial revenues.

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Key Findings of Optical Lens Edger Market Study

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Optical Lens Edger Market: Key Drivers

Optical Lens Edger Market: Regional Growth Dynamics

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Optical Lens Edger Market: Key Players

The study found that relatively a few players control a majority of stakes in the optical lens edger market. Leading players in the optical lens edger market are leaning on acquisitions, partnerships, and divestiture as competitive strategies.

Key market players include Mei S.R.L., Huvitz Corp., Nanjing Laite Optical Co. Ltd., Ningbo FLO Optical Co., Santinelli International, INNOVA Medical Ophthalmics, NIDEK CO., LTD., Essilor International S.A.

Optical Lens Edger Market Segmentation

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