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Camera Lens Market 2021 Global Industry Overview By Size, Trends & Growth Forecast To 2027

The camera lens market will observe significant expansion with increasing preference of consumers towards compact and high-quality devices in order to capture professional images and videos. The consistent usage of social media platforms, such as Instagram, Snapchat, and Facebook, has led to higher adoption of quad-lens smartphones as well as professional DSLRs for photography purposes. <br><br>Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/5012

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Camera Lens Market 2021 Global Industry Overview By Size, Trends & Growth Forecast To 2027

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  1. Camera Lens Market is expected to reach at a CAGR 9% by 2027

  2. Key Insights from Camera Lens Market: • The camera lens market will observe significant expansion with increasing preference of consumers towards compact and high-quality devices in order to capture professional images and videos. The consistent usage of social media platforms, such as Instagram, Snapchat, and Facebook, has led to higher adoption of quad-lens smartphones as well as professional DSLRs for photography purposes. Furthermore, there is a significant surge in the number of bloggers in travel photography and cinematography. Their incessant requirements to shoot and capture wide as well as detailed images have paved the way for increasing investments in wide-angle lenses. • Demand for camera lenses across healthcare applications will achieve considerable traction in the coming years with the growing deployment of advanced technologies. Numerous developments across the healthcare sector have encouraged medical professionals to invest in AR-based image-guided therapies to receive higher flexibility in interventional procedures. It is also helping clinicians to move around the patients in instances of surgeries to gather relevant information.

  3. Continued… • Besides, there is a higher deployment of AR-based techniques in procedures related to endovascular aneurysm repairs. This technical penetration has led several companies to extend their offerings in image-guided therapies. To cite the same with instance, Microsoft Corporation deployed the AR technology in HoloLens 2, which is a mixed reality device used by surgeons to counter challenges in interventional procedures.

  4. Latest Research Report On Camera Lens Market@ https://www.gminsights.com/industry-analysis/camera-lens-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/5012

  5. Regional Insights in Camera Lens Market: • The increasing adoption of dual-camera smartphones by consumers on account of their impressive zoom capabilities and enhanced image quality has also pushed manufacturers to come up with dual-lens camera systems and telephoto zoom lenses. Besides, several government policies have been regulated in countries like U.S., Japan, and China for the development of self-driving vehicles. This will add positive impetus to the adoption of smart car-use cameras as well as urge auto-manufacturers to incorporate high-performance lenses to enhance the reliability and safety of driverless cars. • The camera lens market size for the European region will reach a significant value through 2027 owing to the rising government concerns pertaining to the safety of passenger cars. This has increased the focus of automobile manufacturers towards enhancing the camera systems in their vehicles. For instance, in June 2019, a prominent German company, ZF, launched the Dual-cam two lens camera, particularly designed for commercial trucks that can be used in concert with various other ZF ADAS technologies.

  6. Major Companies in Camera Lens Market: • Fujifilm Holdings Corporation • Huawei Technologies Co., Ltd. • Panasonic Corporation • Marshall Electronics Inc. • Nikon Corporation

  7. Industry Coverage

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