Telephoto Zoom Lens Market is Predicted to Witness Huge Growth by Forecast 2023 to 2030

The global telephoto zoom lens market size was significantly robust in 2021 and is expected to register rapid revenue CAGR over the forecast period.

The global Telephoto Zoom Lenses Market has experienced significant growth in 2021, and experts project that it will continue to grow at a rapid revenue CAGR in the coming years. These lenses offer photographers the ability to achieve focal lengths of up to 1,000 mm, equating to 40-50X zoom, while also having a limited field of vision ranging from 8° to 1°. This market's expansion is primarily due to the rise of multi-camera smartphones, which provide customers with the ability to capture professional-grade photos and videos. For instance, Samsung's Galaxy S22 Ultra model features 100X zoom, revolutionizing the smartphone's zooming capabilities.

Telephoto lenses, also known as long-focus lenses, have an effective focal length lower than the actual length of the lens. They can be attached to any SLR or DSLR camera body to capture distant scenes. Wildlife and sports photographers, as well as astrophotography specialists, often need to maintain a significant distance from their subjects and use telephoto lenses to capture close-up shots. The shift from DSLRs to mirrorless cameras has also contributed to substantial revenue growth in the mirrorless camera market. As a result, companies producing interchangeable lenses are focusing on creating unique technologies that can be applied to mirrorless cameras.

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Major Companies:

  • Canon Inc. (Japan)
  • Cosina Co. Ltd (Japan)
  • Dorr Danubia (U.S.)
  • Nikon Corporation (Japan)
  • Leica Camera AG (Germany)
  • Olympus Corporation (Japan)
  • Rodenstock (Germany)
  • Pentax (Japan)
  • Samyang Optics (South Korea)
  • Schneider Optische Werke (Germany)
  • Sigma Corporation of America (U.S.)
  • Sony Corporation (Japan)
  • Tamron (Japan)
  • Zeiss (Germany)

Driving Factors and Restrain of Telephoto Zoom Lens Market:

The telephoto zoom lens market is driven by several factors, including the increasing demand for high-quality, long-range photography and videography, advancements in camera technology, and the growing popularity of multi-camera smartphones. The ability to capture images and videos from a distance has become increasingly important in various fields, such as wildlife and sports photography, and the use of telephoto lenses has become essential in these areas. The emergence of new camera technologies has also contributed to the growth of the telephoto zoom lens market, with manufacturers producing lenses that are compatible with a wide range of cameras, including mirrorless cameras. Additionally, the growing trend of multi-camera smartphones, such as those with 100x zoom capabilities, has led to increased demand for telephoto lenses.

However, the telephoto zoom lens market faces several challenges, including the high cost of these lenses, which can limit their accessibility to amateur photographers. Additionally, the physical size and weight of telephoto lenses can be a challenge for users who need to carry them around, and they require a stable tripod or other support system to avoid camera shake. The limited field of view of telephoto lenses can also be a disadvantage in certain situations, such as landscape photography, where a wider angle lens may be more suitable. Finally, the availability of low-cost alternatives, such as smartphone camera lenses, may also affect the demand for high-end telephoto lenses.

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Segmentation:

  • Product Type Outlook, which includes the revenue generated in USD Billion from 2019-2030,
    • Focal Length from 28-300 mm
    • Focal Length from 70-200 mm
    • Focal Length from 150-600 mm
  • Application/End-Use Outlook, which includes the revenue generated in USD Billion from 2019-2030
    • Consumer Electronics
    • Medical
    • Automobile
    • Others

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