Eyewear Industry Data Book - Traditional Eyewear, Contact Lenses and Smart Glasses Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030
Grand View Research’s eyewear sector data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Access the Global Eyewear Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.
Contact Lenses Market Report Highlights
The global Contact Lenses Market size was estimated at USD 17.1 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2023 to 2030.
- The silicone hydrogel material segment captured a significant revenue share in 2022 and is expected to grow significantly over time owing to the flexibility, comfort, and oxygen permeability offered by silicone hydrogel-based lenses
- The toric design segment is estimated to record a CAGR of over 11.0% from 2023 to 2030 owing to the advantages associated with them. These lenses are suitable for patients with both astigmatism as well as refractive errors at the same time. They help in correcting the corneal shape, which is responsible for refractive errors
- The corrective segment accounted for a sizeable revenue share in 2022 owing to increased demand for majorly recognized corrective lenses, such as multifocal, bifocal, spherical, and toric
- The e-commerce distribution channel segment is expected to record a significant growth rate over the forecast period. This can be credited to the easy availability of several brands on a single portal and also the convenience of buying online
- In terms of usage, the daily disposable segment is expected to grow at a CAGR of nearly 10.0% over the forecast period. These lenses offer greater convenience and are easy to use and do not require additional care, such as storage or disinfection when not in use
- North America captured the largest revenue share of 39.0% in 2022 due to the increased product demand on account of the high cases of refractive errors in the region
Order your copy of Free Sample of “Eyewear Industry Data Book - Traditional Eyewear, Contact Lenses and Smart Glasses Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Smart Glasses Market Report Highlights
The global Smart Glasses Market size was estimated at USD 1.2 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 27.1% from 2023 to 2030.
- The audio smart glasses type has been the largest segment as it produces crystal clear sound without any hinderances from outside, allowing it to achieve a market share of over 28% from 2023 to 2030
- Based on glass tinting technology, the Electrochromic (EC) segment accounted for highest CAGR during forecast period. This can be attributed to the ability to control the tint level depending upon the environment
- The android segment accounted for the largest market share of over 48% in the smart glasses market during the forecast period. This can be attributed to the easy-to-use interface of android operating system
- Based on connectivity, the bluetooth segment accounted for the largest revenue share of over 50% of the overall market in 2022 owing to its easy to use connectivity of smart glasses with smartphones, tablets, among others
- The healthcare smart glasses segment is expected to register fastest CAGR growth of over 29% over the forecast period. This can be attributed to its features that enable the user to maintain eye contact with the patient while maintaining full situational awareness
- North America accounted for the largest market share of near 35% in 2030, this is due to the investment and technological advancement from the key manufacturers in the region
Go through the table of content of Eyewear Industry Data Book to get a better understanding of the Coverage & Scope of the study
Competitive Landscape
The key players in the eyewear industry continuously seek various initiatives including mergers and acquisitions, strategic alliances, and new product launches. These vendors have significant eyewear industry expertise and a global strategic presence. This, in turn, has enabled these companies to defend their position in the market successfully.
Key players operating in the Eyewear industry are:
- Google LLC
- Amzon Inc.
- Microsoft Corportaion
- Lenovo
- Sony Corportaion
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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