The global optical lens cutter and edger market size is estimated at US$ 402.4 million in 2022 and is projected to expand at a high CAGR of 9.2% to reach a market valuation of US$ 973.2 million by the end of 2032.
Revenue from optical lens cutter and edger sales accounted for nearly 2%-3% of the global ophthalmic equipment and machinery market in 2021, which is forecast to rise to 6%-7% by 2032. This is mainly due to the growing number of spectacles users and the emergence of blue cut and UV-protected technology in lenses.
Automatic Optical Lens Edger Segment is Expected to Witness a Significant Growth
A typical edging system contains – edger and optical blocker. The optical edger is a part of optical manufacturing equipment that edges, cuts, or grinds optical lenses so that they can fit into the selected frame. Different types of edging modes are automated beveling, controlled beveling, EX lens edging, rimless edging, automated grooving, and controlled grooving. The emergence of automatic technology in optical lens cutters and edgers has eliminated the usage of water for finishing operations.
The integration of automation has provided various technical advantages such as auto-calibration and improved versatility of products over other sustainable cutters and lens edgers. The automatic optical lens edger segment forecast appears promising due to the rise in the ophthalmology, and camera industries, and the high incidence of eye-related disorders.
Players from the top two tiers have started the manufacturing of hybrid products.
- For instance, Coburn Technologies Inc, Essilor International S.A., and others are providing versatile products along with dry-cutting technology to attract new customers.
Some manufacturers are even providing free shipping to attract more customers. This strategy will enable abundant opportunities over the decade and strengthen their overall revenue-generating capacity.
Key Companies Profiled:
- Coburn Technologies Inc.
- Danyang Huasu Optical Co., Ltd
- Essilor International S.A.
- Huvitz Corp.
- MEI System
- NIDEK CO., LTD.
- Santinelli International
- Shanghai Supore Instruments Co. Ltd.
Key Segments :
- by Product Type:
- Optical Lens Cutters
- Optical Lens Edgers
- by Automation:
- by Operation:
- Without Water
- by Power Type:
- Up to 70 W
- 70-100 W
- 100-200 W
- Above 200 W
Questionnaire answered in the report include:
- How the industry has grown?
- What is the present and future outlook on the basis of region?
- What are the challenges and opportunities?
- Why the consumption in region?
- In which year segment is expected to overtake segment?
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