Global Objective Lens market will reach 471 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/11

Objective Lens are mainly classified into the following types: max. 10x, max. 50x and above 50x. max. 10x is the most widely used type which takes up about 56.9 % of the total sales in 2018.

Objective Lens have wide range of applications, such as Medical Center, Research Center, etc. And Medical Center was the most widely used area which took up about 39.35% of the global total in 2018.

The global Objective Lens average cost is influenced by the global trend. The average cost will be in increasing trend if the price of raw materials rises. The Objective Lens market size will reach about 471 million USD in 2025 from 311 million USD in 2018 all around the world, with the CAGR of 6.04%.

Asia Pacific is the largest region of Objective Lens in the world in the past few years and it will keep increasing in the next few years. Asia Pacific market took up about 40% the global market in 2017, while Europe and North America were about 27.8%, 24.6%.

Japan, USA, Germany, etc. are now the key developers of Objective Lens. There are a few vendors developing Objective Lens in China, such as Motic.

Olympus, Nikon, Zeiss, Leica Microsystems, Newport, Thorlabs, Meiji Techno, Mitutoyo, Navitar, Motic, etc. are the key suppliers in the global Objective Lens market. Top 5 took up more than 80% of the global market in 2018. Olympus, Nikon, Zeiss, Leica Microsystems, Newport, etc. which have leading technology and market position, are well-known suppliers around the world.

Although sales of Objective Lens bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter the Objective Lens field hastily.

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