This report provides exclusive insights into the COVID-19 impact on the 3D Printing in Eyewear Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the 3D Printing in Eyewear Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of 3D Printing in Eyewear Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on 3D
printing in eyewear market provides an in-depth analysis of segments and
sub-segments in the global as well as regional 3D printing in eyewear market.
The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional 3D printing in eyewear market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast, and dollar values of global 3D printing in eyewear market. According
to the report, the global 3D printing in eyewear market is projected to grow at
a CAGR of 11.8% over the forecast period of 2019-2025.
3D printing is snowballing rapidly in the eyewear
industry, it is changing how glasses are intended and manufactured. 3D printing
is a novel technology in the eyewear industry. 3D printing in eyewear industry is
used in the making of reading glasses, safety glasses, sunglasses, and sports
glasses. However, the current concern over the spread of coronavirus is
expected to have a negative impact on 3D printing in eyewear market. The
current COVID-19 contagion has undesirably affected the semiconductor industry
with manufacturing operations conditionally suspended across major
manufacturing hubs, leading to an extensive slowdown in the production. In
addition to having a stimulus on the production, the current endemic has taken
a toll on the consumer demand for display integrated devices, likely degraded
by the lockdown applied across major nations. Vagueness regarding the possible
length of lockdown makes it stimulating to expect how and when a resurgence in
the semiconductor industry will occur.
Apart from that, customers are becoming aware of the
extensive scope of 3D printing technology across industries, and how it can
provide multitudinous features of customer products. It designs and creates
high-quality 3D printed glasses and allows different fashion categories to
thrive in new ways due to the intrinsic benefit of 3D printing. Thus, an
escalating number of stakeholders, comprising global leaders and start-ups in
the eyewear market, are focusing on differentiating their product range with
the acceptance of 3D printing technology. Furthermore, 3D printing is gaining
popularity owing to the speed and affordability of this new technology.
3D printing in eyewear consists of 3D printing
materials, glasses, and frames. The admiration of 3D printed sunglasses and
other eyewear products is growing at a rapid pace which is driving the market
growth. Presently, consumers have the choice of selecting the design of eyewear
by themselves, and they can buy customized eyewear as per their requirements;
for instance, frames with reduced weight. This, in turn, is pouring global 3D
printing in eyewear market. However, the high cost of printing led by the cost
of printers and software is detaining the growth of global 3D printing in
Among the geographies, the North American region is
expected to hold the largest share in the global 3D printing in eyewear market
during the forecast period owing to the early adoption of 3D printing in
eyewear in the region. Furthermore, the Asia Pacific region is expected to
witness significant growth in 3D printing in eyewear market during the forecast
period. China and Japan are anticipated to remain major contributors to the
Asia Pacific 3D printing in eyewear market in the near future. Moreover, the 3D
printing in eyewear market in the region is expanding at a rapid pace in China,
Japan, and India as the easy accessibility to better technology and low-cost labour.
The report on global 3D printing in eyewear market covers
segments such as material, type, and application. On the basis of material, the
sub-markets include metals, photopolymers, polyamide 12, and other materials.
On the basis of type, the sub-markets include ready to use, and customized. On
the basis of application, the sub-markets include reading glasses, safety
glasses, sunglasses, and other applications.
The report provides profiles of the companies in the market
such as Formlabs, Inc., Carbon, Inc., GlassesUSA.com, Fuel 3D Technologies
Limited, Hoya Corporation, Hoet Optiek NV, Materialise NV, Luxottica Group SpA,
PROTOS, MYKITA GmbH, and Seiko Epson Corporation.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of 3D printing in
eyewear market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.