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The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

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Which is base year calculated in the global deep hole drilling machines market report?

The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

Global Eyewear Market Report By Product (Spectacles, Sunglasses, Contact Lenses And Sportswear), By Distribution Channel (Optical Stores, Independent Showroom Stores, Online Stores And Retail Stores) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027

ID:VMR11210227

April 2021

Report Formats:

Eyewear market is anticipated to registered healthy growth rate owing to rising cases of eyesight problems among people along with the increasing geriatric population base rate which has resulted in the purchase of more eyewear products. Rising cases of myopia and hypermetropia among adult as well as children are also expected to support the industry expansion. Moreover, the growing trend of wearing spectacles and sunglasses as a fashion sense coupled with the introduction of innovative eyewear products to meet the need of the customers is also projected to augment the market demand. Furthermore, the rising purchasing power of individuals along with the growing awareness among people regarding eye protection will also favor the market growth over the forecasted timeline.

As per the latest report added by Value Market Research, the Global Eyewear Market was valued USD 123.1 BN (by revenue) in 2018 and is anticipated to reach USD 197.6 BN by 2025 with a CAGR of 7%.

SPECTACLES LEAD THE PRODUCT SEGMENT
Spectacles are dominating the product segment owing to rising geriatric population base who increasingly preferred spectacles in order to overcome visual impairment and cure refractive errors. Also, the rising trend of wearing spectacles as a fashion statement coupled with the rising need to protect eyes from UV sunrays further accelerating the segment growth.

OPTICAL STORES ARE HIGHLY PREFERRED STORES FOR CONSUMERS
Optical stores are dominating the segment and are likely to maintain their dominance over the forecast period. Optical stores are highly preferred sales channel by customers as they offer a range of services including eye examinations as well as consultation from practiced optometrists.

NORTH AMERICA ACCOUNTED FOR THE HIGHEST SHARE IN THE REGIONAL MARKET
Rising adoption of eyewear across different age groups along with the high demand for advanced eyewear product is augmenting the North America market growth. An increasing number of people using corrective eyewear products along with the growing aging population is also expected to propel the regional market growth.

KEY PLAYERS INVOLVED IN THE MARKET
Bausch & Lomb, Carl Zeiss, Chairman Group, Chemilens, CIBA Vision (Alcon), Cooper Vision, Daemyung, Essilor International, Fielmann, Hoya, Johnson & Rodenstock and Johnson Vision Care and Seiko among others.

As per this study the Global Eyewear Market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2027 with a CAGR of X%.

Eyewear refers to the accessories or wearable used to protect eyes from dirt, dust, and sunrays. It includes spectacles, contact lenses, safety goggles, and sunglasses that impart protection from various external factors. Among these spectacles and contact lenses are mainly used to enhance visual acuity whereas sunglasses are used for fashion purpose.

Market Dynamics

Rising usage of laptops and smart phones is one of the major factors boosting the demand of prescribed eyewear. Increasing prevalence of myopia and other optical deficiencies in youths is another factor driving eyewear market growth. Development of scratch resistance and unbreakable eyewear followed by rising awareness regarding eye protection is further fueling the market growth. However, growing count of population undergoing LASIK treatment is likely to hinder the eyewear market growth.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of eyewear.

Market Segmentation

The broad eyewear market has been sub-grouped into product and distribution channel. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Product

Spectacles
Sunglasses
Contact Lenses
Sportswear

By Distribution Channel

Optical Stores
Independent Showroom Stores
Online Stores
Retail Stores

Regional Analysis

Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for eyewear in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

Global Eyewear Market Share by Region (Representative Graph)

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the eyewear market include Bausch & Lomb, Carl Zeiss, Chairman Group, Chemilens, CIBA Vision (Alcon), Cooper Vision, Daemyung, Essilor International, Fielmann, Hoya, Johnson & Rodenstock and Johnson Vision Care and Seiko among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

METHODOLOGY:

A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Eyewear Market
       2.2. Global Eyewear Market Snapshot

3 . EYEWEAR – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Eyewear Market
       3.3. Market Restraints of Eyewear Market
       3.4. Opportunities of Eyewear Market
       3.5. Trends of Eyewear Market
       3.6. Porter’s Five Force Analysis of Eyewear Market
       3.7. Eyewear Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Product
           3.7.2 Market Attractive Analysis by Distribution Channel
           3.7.3 Market Attractive Analysis by Region

4 . VALUE CHAIN ANALYSIS
       4.1. Eyewear Value Chain Analysis
       4.2. Eyewear Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Eyewear Raw Material Manufactures List
           4.2.3. Price Trend of Eyewear Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 . GLOBAL EYEWEAR MARKET ANALYSIS BY PRODUCT
       5.1 Overview by Product
       5.2 Global Eyewear Market Analysis by Product
       5.3 Market Analysis of Spectacles by Regions
       5.4 Market Analysis of Sunglasses by Regions
       5.5 Market Analysis of Contact Lenses by Regions
       5.6 Market Analysis of Sportswear by Regions

6 . GLOBAL EYEWEAR MARKET ANALYSIS BY DISTRIBUTION CHANNEL
       6.1 Overview by Distribution Channel
       6.2 Global Eyewear Market Analysis by Distribution Channel
       6.3 Market Analysis of Optical Stores by Regions
       6.4 Market Analysis of Independent Showroom Stores by Regions
       6.5 Market Analysis of Online Stores by Regions
       6.6 Market Analysis of Retail Stores by Regions

7 . GLOBAL EYEWEAR MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Eyewear Market Estimate by Market Segment
           7.3.3. North America Eyewear Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Eyewear Market Estimate by Market Segment
           7.4.3. Europe Eyewear Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Eyewear Market Estimate by Market Segment
           7.5.3. Asia Pacific Eyewear Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Eyewear Market Estimate by Market Segment
           7.6.3. Latin America Eyewear Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Eyewear Market Estimate by Market Segment
           7.7.3. Middle East & Africa Eyewear Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa

8 . COMPETITIVE LANDSCAPE OF THE EYEWEAR COMPANIES
       8.1. Eyewear Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments

9 . COMPANY PROFILES OF EYEWEAR INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Bausch & Lomb
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Carl Zeiss
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Chairman Group
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Chemilens
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. CIBA Vision (Alcon)
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Cooper Vision
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. Daemyung
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Essilor International
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Fielmann
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Hoya
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
       9.13. Johnson & Rodenstock
           9.13.1. Company Overview
           9.13.2. Financials
           9.13.3. Products
           9.13.4. Recent Developments
       9.14. Johnson Vision Care and Seiko
           9.14.1. Company Overview
           9.14.2. Financials
           9.14.3. Products
           9.14.4. Recent Developments

10. IMPACT ANALYSIS OF COVID-19 OUTBREAK
10.1. Impact Analysis of Covid-19 Outbreak on the Market
10.1.1. Direct Impact on Production
10.1.2. Supply Chain and Market Disruption
10.1.3. Financial Impact on Firms and Financial Markets
10.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
10.3. Pre V/S Post COVID-19 Market
10.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
10.5. COVID-19: Micro and Macro Factor Analysis on the Market

*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

Research Scope of Eyewear Report
Market Research Process
Market Research Methodology
Global Eyewear Market Size, by Region (USD MN)
Porters Five Forces Analysis
Market Attractiveness Analysis by Product
Market Attractiveness Analysis by Distribution Channel
Market Attractiveness Analysis by Region
Value Chain Analysis
Global Eyewear Market Analysis by Product (USD MN)
Global Eyewear Market Analysis in Spectacles by Geography (USD MN)
Global Eyewear Market Analysis in Sunglasses by Geography (USD MN)
Global Eyewear Market Analysis in Contact Lenses by Geography (USD MN)
Global Eyewear Market Analysis in Sportswear by Geography (USD MN)
Global Eyewear Market Analysis by Distribution Channel (USD MN)
Global Eyewear Market Analysis in Optical Stores by Geography (USD MN)
Global Eyewear Market Analysis in Independent Showroom Stores by Geography (USD MN)
Global Eyewear Market Analysis in Online Stores by Geography (USD MN)
Global Eyewear Market Analysis in Retail Stores by Geography (USD MN)
Latin America Eyewear Market by Revenue
Middle East & Africa Eyewear Market by Revenue
Recent Development in Eyewear Industry
Company Market Share Analysis, 2019

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
Analyze and identify major market trends along with the factors driving or inhibiting the market growth
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Analyze competitive developments

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