Some of the main driving forces in this market are the rising demand for eyeglasses and the rising public awareness of eye health. In addition, the market for eyeglass coating machines is expanding due to ongoing technical improvements in this industry. The growth of this sector is also being supported by changing lifestyles and rising disposable incomes. Additionally, government programmes to encourage frequent eye exams and better vision care are encouraging the use of specialty lenses, which is assisting in the expansion of this industry. The worldwide eyeglass coating machine market has also benefited from quick urbanization, rising contact lens usage, augmented fashion and lifestyle trends, product innovation and development, and improved healthcare infrastructure.
Due to the rising demand for protective coatings on eyeglasses, the market for eyeglass coating machines is becoming more significant in the worldwide economy. The eyeglass coating machine aids in ensuring proper and reliable coating application, raising the general calibre of eyeglass lenses. Further enhancing the lenses' usefulness, these devices can also give them scratch- and reflectivity-resistant qualities. Additionally, these devices are simple enough for anyone with a rudimentary understanding of them to operate, which lowers the cost of manual labor for lens manufacturers.
The lenses of eyeglasses are covered with a protective, scratch-resistant layer using eyeglass coating equipment. The main benefit of employing an eyeglass coating machine is that it offers a more durable finish than conventional techniques, one that is uniform and of high quality. Additionally, since these devices can concurrently coat numerous lenses, their use boosts production efficiency. Furthermore, these machines' use of cutting-edge technology enables higher accuracy and precision when coating the lenses.
A device used to execute coating operations on different lenses, including resin, glass, and other lenses, is an eyeglass coating machine. These devices are specially made to offer a smooth finish and shield the lens from abrasion or scratches. They have a number of parts, including an electrostatic precipitator, vacuum control system, and coating drying section. Fine particles are applied as part of the coating process, and they stick to the lens surface because of the static electricity that exists between the two surfaces. This improves durability and lessens glare when wearing eyewear.
Due to demand from a variety of end users, the global eyeglass coating machine market is anticipated to grow at a CAGR of 6.1% from 2021 to 2031. In terms of value, the market was worth USD 1,280.2 million in 2020 and is predicted to grow to USD 2,031.4 million by 2031.
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The high cost of installation and upkeep is one of the biggest barriers to the market for eyeglass coating machines. The market for eyeglass coating equipment is currently favoring small, intelligent machines. The better control system that comes with these new machines necessitates the use of cutting-edge electrical components raising the overall cost of purchase. However, due to technological developments and escalating market competition, it is anticipated that the price of these new machines would soon decline.
Mani Company Co., Ltd., HENAN LENSER INTELLIGENT TECHNOLOGY CO., LTD, Kantech Opto-Mechanics Inc., OYC Coatings Corporation, Essilor Instruments USA, Mazzucchelli SPA, EYEMAX OPTICAL EQUIPMENT LTD., and Global Optic Group SA are some of the market's top competitors.
Segment Analysis
The Below 1000mm Lens Coating Machine Type to Emerge as the Most Lucrative Segment
Due to its rising use in numerous commercial and industrial applications such as glass lens cleaning, hard coating, and anti-reflection (AR) coating, the Below 1000mm lens coating machine is anticipated to account for the majority of the Eyeglass Coating market during the projected period of 2021–2031.
The Most Popular Application Segment is Resin Lens
The market for eyeglass coating machines is primarily segmented into two types of lenses: glass lenses and resin lenses. Due to its superior light transmission when compared to glass lenses, the resin lens market is anticipated to increase significantly over the forecast period. In addition to being lighter than glass lenses, resin lenses are anticipated to rise in popularity.
The Asia Pacific (APAC) region to render Adequate Financing Avenues
North America, South America, Africa, Asia Pacific, Europe, and the Middle East are the several geographical regions that make up the market for eyeglass coating machines. Due to fast urbanization and rising demand for fashionable eyeglasses from nations like China and India, the Asia Pacific region dominated the eyeglass coating machine market in 2020. The area is also home to some of the top eyewear manufacturers in the world, which employ cutting-edge equipment like precision optics and coating machines for eyeglasses. Over the forecast period of 2021–2031, this factor is anticipated to significantly fuel growth in this region.
COVID-19 Impact and Market Status
Several businesses have been impacted by the COVID-19 pandemic due to supply chain disruptions, travel and trade restrictions, government-imposed lockdowns, etc. Nevertheless, the demand from opticians and ophthalmologists who provide a range of eye care services has increased, leading to some favorable trends in the eyeglass coating machine business during the past several months. Additionally, as eyeglass coating machines are utilized for cleaning and sanitization, the growing emphasis on preventive measures and personal hygiene is anticipated to propel market expansion.
Latest Innovations in the Global Eyeglass Coating Machine Market: A Snapshot
• The most recent line of eyeglass lenses from Mazzucchelli SPA, including cutting-edge anti-reflection and superhydrophobic coating technology, was released in 2020. The company's customer base has greatly increased as a result of this decision.
• In order to increase its presence all over China, Kantech Opto-Mechanics Inc. has joined forces with significant optical chains there.
Eyeglass Coating Machine Market Scope
| Metrics | Details |
| Base Year | 2022 |
| Historic Data | 2021-2022 |
| Forecast Period | 2022-2031 |
| Study Period | 2021-2031 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2031 | USD 2,031.4 million |
| Growth Rate | CAGR of 6.1 % during 2022-2031 |
| Segment Covered | by Type, By Application, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Mani Company Co., Ltd., HENAN LENSER INTELLIGENT TECHNOLOGY CO., LTD, Kantech Opto-Mechanics Inc., OYC Coatings Corporation, Essilor Instruments USA, Mazzucchelli SPA, EYEMAX OPTICAL EQUIPMENT LTD., and Global Optic Group SA are some of the market's top competitors. |
Key Segments of the Global Eyeglass Coating Machine Market
By Type Overview, 2021-2031 (USD Billion)
- Below 1000mm Lens Coating Machine
- 1000-1300mm Lens Coating Machine
- Above 1300mm Lens Coating Machine
By Application Overview, 2021-2031 (USD Billion)
- Resin Lens
- Glass Lens
By Regional Overview, 2021-2031 (USD Billion)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Middle East and Africa
Frequently Asked Questions (FAQ) :
Eyeglass Coating Machine Market is projected to reach USD 2,031.4 million by 2031, growing at a CAGR of 6.1 %
The Eyeglass Coating Machine market is estimated to grow at a CAGR of 6.1 %
The key market players listed in the Eyeglass Coating Machine report are Mani Company Co., Ltd., HENAN LENSER INTELLIGENT TECHNOLOGY CO., LTD, Kantech Opto-Mechanics Inc., OYC Coatings Corporation, Essilor Instruments USA, Mazzucchelli SPA, EYEMAX OPTICAL EQUIPMENT LTD., and Global Optic Group SA are some of the market's top competitors.