Market Share of Camera Lens Industry
The Camera Lens Market is highly competitive and appears to be mildly concentrated, moving towards the fragmented stage owing to the presence of many large and small players. Overall, the competitive rivalry among existing competitors is very high. Moving forward, the major market players are adopting the strategy of technical innovation to develop different types of lenses with new attractive features. Some key players in the market are Largan Precision Co. Ltd, Sunny Optical Technology (Group) Co. Limited, Kantatsu Co. Ltd, Genius Electronic Optical Co. Ltd, and SEKONIX Co. Ltd, among others.
In May 2022, Panasonic Entertainment & Communication Corporation and Leica Camera AG collaborated to develop a new comprehensive. They expanded business alliances and developed new technologies and solutions under the L2 Technology (L squared Technology).
Camera Lens Market Leaders
Largan Precision Co. Ltd
Sunny Optical Technology (Group) Co. Ltd
Kantatsu Co. Ltd
Genius Electronic Optical Co. Ltd
SEKONIX Co. Ltd
*Disclaimer: Major Players sorted in no particular order
