Molded Glass Lens for Automotive Market Summary
In the automotive industry, molded glass lenses are commonly used in optical systems such as car mirrors and external lights. Aspherical lenses can improve imaging quality, expand field of view, and reduce distortion, enhancing the driver's visual experience and safety performance.
In-car cameras usually require excellent performance in miniaturization, high definition, and low distortion, so using glass aspherical lenses for optical design is a good choice. By using glass aspherical lenses, optical distortions such as spherical aberration and astigmatism can be effectively reduced, improving imaging quality and clarity. In addition, glass aspherical lenses can achieve a wider field of view and smaller imaging pixels, allowing in car cameras to more accurately recognize and observe the surrounding road environment and driving conditions.
According to the new market research report "Global Molded Glass Lens for Automotive Market Report 2023-2029”, published by QYResearch, the global Molded Glass Lens for Automotive market size is projected to reach USD 1.07 billion by 2029, at a CAGR of 9.5% during the forecast period.
Figure. Global Molded Glass Lens for Automotive Market Size (US$ Million), 2018-2029
Above data is based on report from QYResearch: Global Molded Glass Lens for Automotive Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.
Figure. Global Molded Glass Lens for Automotive Top 11 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Above data is based on report from QYResearch: Global Molded Glass Lens for Automotive Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Molded Glass Lens for Automotive include Hoya Optics, Lianchuang Electronic Technology, Asia Optical, AGC, Sunny Optical Technology, Dongguan Yutong Optical Technology, Zhejiang Lante Optics, Zhong Yang, Calin Technology, LightPath Technologies, etc. In 2022, the global top five players had a share approximately 84.0% in terms of revenue.
Market Drivers:
The market space for in car optics is vast, and ADAS has shown a trend of technological upgrading in recent years: the market space for in car optics is vast, with a wide range of application fields. Car mounted cameras are known as the "eyes of autonomous driving" and serve as the signal entry point for active control functions in cars. The rapid growth of ADAS and the Internet of Vehicles market has opened up vast growth opportunities for the in-car lens market. On the one hand, the car lens is the main visual sensor of the ADAS system. With the advent of the era of autonomous driving, ADAS systems exist as a bridge for autonomous driving, which can greatly improve the safety of vehicles and roads, and have gradually evolved into one of the fastest developing automotive application fields. On the other hand, in car lenses will be an important entry point for information processing in the automotive networking industry in the future. As an emerging industry, the Internet of Vehicles (IoV) is resonating with the triple factors of policy, technology, and industry, and its market size is growing rapidly. The recovery of the domestic automotive market, combined with the promotion of autonomous driving in the era of intelligence, is driving the continuous expansion of the market size for in car lenses.
About The Authors
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Yunmei Sun---Lead Author Email: sunyunmei@qyresearch.com
Sun Yunmei has 2 years of industry research experience, focusing on research in the chemical industry chain related fields, including medical grade reagents, high-purity reagents for semiconductors, and chemical laboratory equipment.
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About QYResearch
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