Report U.S. Optical Instrument and Lens Market. Analysis and Forecast to 2025 for 499$
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U.S. Optical Instrument and Lens Market. Analysis and Forecast to 2025
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U.S.: Market for Optical Instruments And Lens 2022

Market Size for Optical Instruments And Lens in the U.S.

In 2021, the U.S. optical instrument and lens market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a deep slump. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Optical Instruments And Lens in the U.S.

In value terms, optical instrument and lens production dropped to $X in 2021. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Optical Instruments And Lens

Exports from the U.S.

In 2021, after two years of growth, there was significant decline in shipments abroad of optical instruments and lens, when their volume decreased by -X% to X units. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then fell dramatically in the following year.

In value terms, optical instrument and lens exports contracted remarkably to $X in 2021. Over the period under review, exports faced a sharp descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Mexico (X units) was the main destination for optical instrument and lens exports from the United States, accounting for a X% share of total exports. Moreover, optical instrument and lens exports to Mexico exceeded the volume sent to the second major destination, Canada (X units), sevenfold. Germany (X units) ranked third in terms of total exports with a X% share.

From 2013 to 2021, the average annual growth rate of volume to Mexico stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Germany (-X% per year).

In value terms, Canada ($X), Singapore ($X) and the Netherlands ($X) were the largest markets for optical instrument and lens exported from the United States worldwide, together comprising X% of total exports. Germany, Japan, the UK, Mexico, Australia, China, Hong Kong SAR and Brazil lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Australia, with a CAGR of -X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average optical instrument and lens export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, showed a significant contraction. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-X%), while the prices for the other major destinations experienced a decline.

Imports of Optical Instruments And Lens

Imports into the U.S.

In 2021, purchases abroad of optical instruments and lens decreased by -X% to X units, falling for the third consecutive year after two years of growth. In general, imports showed a significant curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, optical instrument and lens imports plummeted to $X in 2021. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of optical instrument and lens to the United States, accounting for a X% share of total imports. Moreover, optical instrument and lens imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), fivefold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2013 to 2021, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Germany (-X% per year).

In value terms, Germany ($X), Japan ($X) and China ($X) were the largest optical instrument and lens suppliers to the United States, together accounting for X% of total imports. Singapore, Canada, Israel, the UK, Taiwan (Chinese), Mexico, South Korea, Vietnam, India and the Philippines lagged somewhat behind, together accounting for a further X, with a CAGR of -X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average optical instrument and lens import price stood at $X per unit in 2021, jumping by X% against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the leading suppliers of optical instruments and lens to the U.S.?
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In value terms, Germany, Japan and China constituted the largest optical instrument and lens suppliers to the United States, together accounting for 58% of total imports. These countries were followed by Singapore, Canada, Israel, the UK, Taiwan Chinese), Mexico, South Korea, Vietnam, India and the Philippines, which together accounted for a further 25%.
What are the leading importers of optical instruments and lens from the U.S.?
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In value terms, Canada, Singapore and the Netherlands appeared to be the largest markets for optical instrument and lens exported from the United States worldwide, together comprising 36% of total exports. These countries were followed by Germany, Japan, the UK, Mexico, Australia, China, Hong Kong SAR and Brazil, which together accounted for a further 33%.
What is the average export price for optical instruments and lens in the U.S.?
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The average optical instrument and lens export price stood at $74 per unit in 2021, jumping by 219% against the previous year.
What is the average import price for optical instruments and lens in the U.S.?
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In 2021, the average optical instrument and lens import price amounted to $32 per unit, increasing by 16% against the previous year.

This report provides an in-depth analysis of the market for optical instrument and lens in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• NAICS 333314 - Optical instrument and lens manufacturing
Companies mentioned:
• KLA-Tencor Corporation
• Elbit Systems of America
• Carl Zeiss
• Carl Zeiss Meditec
• Leica Microsystems Inc.
• General Dynamics Global Imaging Technologies
• Petroleum Geo-Services
• Ii-VI Incorporated
• Bushnell Inc.
• Edmund Optics
• Leupold & Stevens
• Optos
• Cyberoptics Corporation
• Moxtek
• Zygo Corporation
• L-3 Communications Corporation
• Corning Netoptix
• Research Electro-Optics
• Trijicon
• Carl Zeiss Vision
• Quality Vision International
• Rochester Precision Optics
• Schott North America
• Reflexite Energy Solutions
• CVI Laser
• United Technologies Optical Systems
• Jenoptik North America
• Cyoptics
• Seiler Instrument and Manufacturing Company
• Refac Optical Group
• Lightconnect
• US Test Company 589

Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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