Camera Lens Market Poised for Robust Expansion
The global camera lens market is expected to grow from US$6.1 billion in 2025 to US$9.9 billion by 2032, at a CAGR of 7.1%. Growth is driven by advances in mirrorless technology, autofocus innovation, and expanding applications in photography, videography, and surveillance. Interchangeable lenses for DSLR and mirrorless cameras dominate demand, while online retail and rental services are rapidly expanding. Key markets like China, India, and Japan are fueling growth, especially in entry-level segments, shaping the industry’s dynamic landscape.