Photochromic lenses are lenses that change their color when exposed to sunlight. These lenses were invented to improve ocular health of patients as they block excess UV rays when exposed to sun but function as a normal spectacle while indoors. UV light activates the lens technology to transform the lenses from clear to dark, and a range of tint in-between. The lenses are fully clear indoors and at night, and when UV activated block 100% of UVA and UVB rays.
The photochromic lenses industry is high concentration, the key brand in USA include Essilor (Transitions Optical), Carl Zeiss, Vision Ease, Rodenstoc, Corning, Hoya Vision,etc. Essilor (Transitions Optical) possesses monopoly power in the relevant market. Transitions’ share of the relevant market has been at least 80 percent during each of the past five years. In 2016, Transitions’ market share was over 83 percent.
Significant and lasting barriers make entry into the photochromic lenses market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv)regulatory requirement; and (v) Transitions’ unfair methods of competition.
There are no close substitutes for photochromic lenses, and no other product significantly constrains the prices of photochromic lenses. Photochromic lenses have characteristics and uses distinct from those of clear corrective ophthalmic lenses, polarized lenses (which are designed to remove glare), or fixed-tint lenses (e.g., prescription sunglasses).
The global Photochromic Lenses market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Photochromic Lenses market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Photochromic Lenses in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Essilor (Transitions Optical)
By the product type, the market is primarily split into
Standard Plastic (1.53 Coat and Uncoat)
Mid-Index Plastic (1.53 to 1.65)
High-Index Plastic (Above 1.65)
By the end users/application, this report covers the following segments
People with Light Sensitivity
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Photochromic Lenses market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Photochromic Lenses market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Photochromic Lenses manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Photochromic Lenses with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Photochromic Lenses submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Photochromic Lenses are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Pairs). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Photochromic Lenses market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Photochromic Lenses market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table of Contents
Table of Contents
1 Photochromic Lenses Market Overview
1.1 Photochromic Lenses Product Overview
1.2 Photochromic Lenses Market Segment by Type
1.2.2 Standard Plastic (1.53 Coat and Uncoat)
1.2.3 Mid-Index Plastic (1.53 to 1.65)
1.2.4 High-Index Plastic (Above 1.65)
1.3 Global Photochromic Lenses Market Size by Type
1.3.1 Global Photochromic Lenses Sales and Growth by Type
1.3.2 Global Photochromic Lenses Sales and Market Share by Type (2014-2019)
1.3.3 Global Photochromic Lenses Revenue and Market Share by Type (2014-2019)
1.3.4 Global Photochromic Lenses Price by Type (2014-2019)
2 Global Photochromic Lenses Market Competition by Company
2.1 Global Photochromic Lenses Sales and Market Share by Company (2014-2019)
2.2 Global Photochromic Lenses Revenue and Share by Company (2014-2019)
2.3 Global Photochromic Lenses Price by Company (2014-2019)
2.4 Global Top Players Photochromic Lenses Manufacturing Base Distribution, Sales Area, Product Types
2.5 Photochromic Lenses Market Competitive Situation and Trends