Camera Lens Market: By Product Type (Built-in Lens, Interchangeable Lenses, Others) By Application (Phone Cameras, Computer Cameras, Digital Cameras, Others) and Geography  

Camera Lens Market size was valued at USD 4.7 billion in 2022 and grew at a CAGR of 6.8% from 2023 - 2029. Increasing demand in social media users, technological improvements, the high-performance camera lens in the smartphone sector and investing in innovations and new developments act as drivers. Problems with foreign bodies, Lenses can be lost or broken are the few restraints. Latest trends, such as Instagram, and Snapchat, opt for a wider aperture lens with the facility for product photography or portrait photography provide multiple opportunities to market. The report studies global camera lens market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global camera lens market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global camera lens market.  

Camera Lens Market Key Developments:

• April 2019 - Sony launched its new 135mm F1.8 full-frame, large-aperture telephoto prime lens SEL135F18GM'. The lens is also a new addition to the company's G Master series of full-frame E-mount interchangeable lenses.
• January 2019 - Nikon launched a new lens for the Indian market, which is meant for its Z-series of cameras. The lens is first FX-format lens to support direct filter attachment despite starting at a 14 mm focal length.