Photochromic lenses are lenses that change their color when exposed to sunlight. These lenses were invented to improve ocular health of patients as they block excess UV rays when exposed to sun but function as a normal spectacle while indoors. UV light activates the lens technology to transform the lenses from clear to dark, and a range of tint in-between. The lenses are fully clear indoors and at night, and when UV activated block 100% of UVA and UVB rays.
The photochromic lenses industry is high concentration, the key brand in USA include Essilor (Transitions Optical), Carl Zeiss, Vision Ease, Rodenstoc, Corning, Hoya Vision,etc. Essilor (Transitions Optical) possesses monopoly power in the relevant market. Transitions’ share of the relevant market has been at least 80 percent during each of the past five years. In 2016, Transitions’ market share was over 83 percent.
Significant and lasting barriers make entry into the photochromic lenses market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv)regulatory requirement; and (v) Transitions’ unfair methods of competition.
There are no close substitutes for photochromic lenses, and no other product significantly constrains the prices of photochromic lenses. Photochromic lenses have characteristics and uses distinct from those of clear corrective ophthalmic lenses, polarized lenses (which are designed to remove glare), or fixed-tint lenses (e.g., prescription sunglasses).
Global Photochromic Lenses market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Photochromic Lenses.
This report researches the worldwide Photochromic Lenses market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Photochromic Lenses breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Essilor (Transitions Optical)
Carl Zeiss
Vision Ease
Rodenstoc
Corning
Hoya Vision
Photochromic Lenses Breakdown Data by Type
Glass
Standard Plastic (1.53 Coat and Uncoat)
Mid-Index Plastic (1.53 to 1.65)
High-Index Plastic (Above 1.65)
Polycarbonate
Photochromic Lenses Breakdown Data by Application
Children
Outdoor Activities
People with Light Sensitivity
Other
Photochromic Lenses Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Photochromic Lenses Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Photochromic Lenses capacity, production, value, consumption, status and forecast;
To focus on the key Photochromic Lenses manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Photochromic Lenses :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Photochromic Lenses . Industry analysis & Market Report on Photochromic Lenses is a syndicated market report, published as Global Photochromic Lenses Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Photochromic Lenses market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.