CAMERA LENS MARKET ANALYSIS

Leading Companies

Global Camera Lens Market: Key Developments

In January 2019, Sunny Optical Technology (Group) Co. Ltd. established a new subsidiary in India named Sunny Opotech India Private Limited, to cater the consumer demand in Indian Market.

In May 2019, Tamron Co. Ltd. introduced a 4K/8 mega-pixel resolution 1/1.7” 3.8-17 mm F/1.4 Standard Vari-Focal Lens offering high-fidelity images over the whole visual and near-IR bandwidth spectrum.

In May 2019, AAC Technologies Holdings Inc. and longcheer announced the investment of RBM 6 billion for expanding its Nanning electronic information industry project. The company invested RMB 5 billion Nanning for the expansion of the optical module industry projects.

In June 2019, Tamron launched a 1/3” 5-50mm F/1.6 lens (Model: M13VG550IR) for a wide range of applications that also include traffic/vehicle and city/street surveillance.

Global Camera Lens Market: Key Companies Insights

The global camera lens market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis.

Some of the key players in the global camera lens market are Haesung Optics Co. Ltd., Largan Precision Co. Ltd., Tamron Co. Ltd., Sunny Optical Technology (Group) Company Limited, Sunex Inc., Kantatsu Co. Ltd., Ability opto-Electronics Technology Co. Ltd., Genius Electronic Optical Co. Ltd., AAC Technologies Holdings Inc., SEKONIX Co. Ltd., and IM Co. Ltd.