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The global camera lens market was valued at US$ 4.68 Billion in 2021.
We expect the global camera lens market to exhibit a CAGR of 6.10% during 2022-2027.
The widespread applications of camera lenses across the consumer electronics, automotive, and
healthcare sectors for capturing sharp photos are primarily driving the global camera lens market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations, resulting in the temporary closure of numerous manufacturing units
for camera lenses.
Based on the distribution channel, the global camera lens market has been segmented into online and
offline. Currently, offline channel holds the majority of the total market share.
Based on the application, the global camera lens market can be divided into consumer electronics,
automotive, medical, and others. Among these, the consumer electronics sector currently exhibits a
clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global camera lens market include AAC Technologies Holdings Inc.,
Ability Opto-Electronics Technology Co. Ltd., Canon Inc., FUJIFILM Corporation, Genius Electronic Optical
Co. Ltd., Haesung Optics Co. Ltd., Largan Precision Co. Ltd., Nikon Corporation, Panasonic Corporation,
Samsung Electronics Co. Ltd., SEKONIX Co. Ltd., Sony Corporation, and TAMRON Co. Ltd.
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