Global
demand for objective lenses is forecast to expand 7.3% p.a. between 2014 and
2018. China, Germany, Netherlands, Thailand, and the United States are
considered the highest potential markets in the coming years.
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global objective lens industry is forecast to reach 7.3% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 6.4%. Currently, objective lenses for cameras and projectors account for 68.7% of the global demand while the remaining market share is taken by other objective lenses (31.3%).
China, Germany, Netherlands, Thailand, and the United States represent the largest objective lens markets while the strongest annual growth is forecast to occur in Ukraine (20.9%), Senegal (20.4%), Indonesia (17.5%), Kyrgyzstan (16.3%), and Greece (15.7%).
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global objective lens industry is forecast to reach 7.3% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 6.4%. Currently, objective lenses for cameras and projectors account for 68.7% of the global demand while the remaining market share is taken by other objective lenses (31.3%).
China, Germany, Netherlands, Thailand, and the United States represent the largest objective lens markets while the strongest annual growth is forecast to occur in Ukraine (20.9%), Senegal (20.4%), Indonesia (17.5%), Kyrgyzstan (16.3%), and Greece (15.7%).
Get
‘Objective Lens Markets in the World to 2018 - Market Size, Trends, and
Forecasts’ report at:
Objective lens market size compared to market
growth in different countries
Based on in-house analysis and an advanced
model which takes into consideration the actual market size, trends, forecast
market growth, and changes in the market environment, Global Research and Data
Services calculates the Market Potential Rates, the predicted market potential
of the country in the coming years. The larger the Market Potential Rate, the
more potential the market has in the coming years; and conversely, the smaller
the rate, the less potential the market is considered to have in the future.
Based on these Market Potential Rates, the top 20 highest potential objective
lens markets in the coming years are:
Ranking Country Market Potential Rate
1. China 0.48
2. United States 0.46
3. Netherlands 0.23
4. Thailand 0.23
5. Germany 0.21
6. Ukraine 0.21
7. Senegal 0.20
8. France 0.19
9. Indonesia 0.18
10. Kyrgyzstan 0.16
11. Turkey 0.16
12. Greece 0.16
13. Russia 0.15
14. Tanzania 0.14
15. Macedonia 0.12
16. Malaysia 0.12
17. Latvia 0.12
18. Austria 0.11
19. India 0.11
20. Slovakia 0.11
The
reports include historic market data from 2007 to 2013 and forecasts until 2018
which makes the reports an invaluable resource for industry executives,
marketing, sales and product managers, analysts, and other people looking for
key industry data in readily accessible and clearly presented tables and graphs.
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