The global optical lens cutter and edger market size is estimated at US$ 402.4 million in 2022 and is projected to expand at a high CAGR of 9.2% to reach a market valuation of US$ 973.2 million by the end of 2032.
– Coburn Technologies Inc. – Danyang Huasu Optical Co., Ltd – Essilor International S.A. – Huvitz Corp. – MEI System – NIDEK CO., LTD. – Santinelli International – Shanghai Supore Instruments Co. Ltd.
As per latest market analysis by Fact.MR, a market research and competitive intelligence provider, application of optical lens cutters and edgers over the past half-decade increased at a CAGR of around 4%. Online sales reach a valuation of US$ 118.5 million in 2021, in which, company-owned websites accounted for nearly 40% of unit sales.