Portable lenses are referred to lenses with compact size, and thus, are easy to carry from one place to another. Moreover, it offers convenient diversified shooting experience to the consumers of portable lenses. Portable lenses have bodies that are specifically created to offer optical mechanics with stable framing. These lenses offers several features such as versatility and high portability. Moreover, portable lenses are used in different applications including smartphones, broadcasting live events, and others.

Market Dynamics

Driver

Rising demand for portable lenses for broadcasting live events

Portable lenses offers various angles of magnifications and views that can be used for the broadcasting concerts, sport events, and others. Moreover, the interior part of the portable lenses consist of different shapes and types of lens elements that offers excellent image quality. These lenses offers HD (High-Definition) images without color blurring and geometrical distortion. Owing to these factors, there is an increase in demand for portable lenses for broadcasting live events.

Opportunity

Increasing demand for portable lenses in mobile journalism

Global demand is anticipated to shift significantly as more digital items, including smartphones, cameras, and others, are used. However, digital publishing and journalism are in the developing stage. Thus, increasing use of mobile with portable lenses is expected to create demand for portable lenses. Moreover, mobile journalism is one of the factors that can create ample opportunities in the global portable lenses market during the forecast period.

Restraint

Development of smartphone’s camera

Manufacturers of smartphones are focusing on the image quality produced by the in-built cameras.  Smartphones with advanced featured camera systems is projected to hinder the global portable lenses market during the forecast period. For instance, in September 2022, Apple Inc., launched iPhone 14 and iPhone 14 + that has excellent camera system including True Depth cameras on the back and front. Moreover, these innovative products offer ultra wide range camera with unique angles. In addition, Apple Inc. is one of leading multinational companies which is headquartered in Cupertino, U.S. which manufacture mobile phones.

Key features of the study:

• This report provides an in-depth analysis of the global portable lenses market, market size (US$ Thousand), and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global portable lenses market based on the following parameters–company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include FUJIFILM Corporation., Nikon, Logitech, Canon Inc., Sony Corporation, Eastman Kodak Company, Olympus, Panasonic, SHARP, and Minolta
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
• Global portable lenses market report caters to various stakeholders in this industry including investors, suppliers, caffeine manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global portable lenses market

Detailed Segmentation:

• Global Portable Lenses Market, By Type:
  • 4k
  • 8k
  • Others
• Global Portable Lenses Market, By Application:
  • Movie
  • Broadcast
  • Smartphone
  • Others
• Global Portable Lenses Market, By Region:
  • North America
    • By Country:
      • U.S.
      • Canada
  • Latin America
    • By Country:
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
  • Europe
    • By Country:
      • U.K.
      • Italy
      • France
      • Germany
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • ASEAN
      • Australia
      • Rest of Asia Pacific
  • Middle East & Africa
    • By Country:
      • GCC Countries
      • Israel
      • Rest of Middle East
      • South Africa
      • North Africa
      • Central Africa
• Company Profiles
  • FUJIFILM Corporation.*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Nikon
  • Logitech
  • Canon Inc.
  • Sony Corporation
  • Eastman Kodak Company
  • Olympus
  • Panasonic
  • SHARP
  • Minolta
  • SLB

*” marked represents similar segmentation in other categories in the respective section.