Global cinema lenses market is expected to grow considerably in the forecast period due to increasing developments in the film-making industry. Camera lenses or photographic lenses are used in camera for capturing pictures or film shooting. The lenses contain numerous elements with different functions that work together to form an image or an imaging clip. Different types of lenses are available according to the requirements, particular subjects and specific functions.
The major drivers of cinema lenses market comprise growing filmmaking industry worldwide, increase in demand for various types of lenses in terms of dynamic range, focal length, zooming capabilities and easy access to different type of lenses via online portals. However, exorbitant pricing and cheap substitutes are the major hinderers to the market growth.
Innovations in technology is an emerging trend witnessed in the market. Canon Inc. is focusing to introduce EOS C700 FF lenses integrated with 5.9K full-frame sensors and in-built anamorphic de-squeeze abilities. Moreover, anamorphic cine lenses use entire frame benefitting the market growth.
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Cinema lenses market is categorized on the basis of product, zooming capability, application, and geography. On the basis of product, market is divided into high-end class, medium class and entry class. High-end class segment accounts for maximum share of the market due to increase in number of photography professionals. Based on zooming capability, the market is divided into prime and zoom. Zoom segment lead the market owing to the availability of wide range of focal lengths for the camera.
In terms of application, market is bifurcated into professional and amateur. Professional application segment is projected to hold maximum share of the market owing to the growth of photography sector and increasing use by young generation.
Geographically, market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to lead the market due to increasing investment in technology by market participants and growing popularity. North America and Europe regions also account for significant share of the market due to the prevalence of large number key players. The leading players in cinema lenses market include Canon, TOKINA, Fujinon, Sony, Cooke, Angenieux, Samyang, Zeiss, ARRI, Schneider, and Leica.
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