Digital Cinema Lens Market Size, Share & Industry Analysis, By Lenses (Zoom Lenses, Prime Lenses, Telephoto Lenses, Others), By End-User (Individual, Commercial) And Regional Forecast, 2024-2032

Digital cinema lenses have been specifically designed for film making purposes. The lenses are highly expensive as compared to photographic lenses, which majorly obstructs market growth. Cinema lenses record high-quality, rich gradation, and high - resolution pictures which are the prime demand of the film-making industry.

Canon, Inc. has recently launched EOS C300 Mark III and encouraged its cinema offering with the next-generation camera. This camera has a cinema/broadcast hybrid CINE-SERVO lens and an innovative DGO sensor. This sensors and lens offers compatibility to the cameras, enhances functionality as well as the workflow of the film-making industry.

2018 was the trending year for mirrorless cameras. From 2019, 4K, 6K, and also 8K lens have attracted the majority of the population. These lenses have higher resolutions than previous cameras, thus becoming favorable across the world. Additionally, these cameras are supported with shallow depth and larger sensors to attain pro-level videos.

Japan and European countries are the major producers of digital cinema lenses. However, due to the COVID-19 pandemic production rate of these camera lenses have declined. COVID-19 pandemic has negatively impacted on the cinema lens market growth.

Key Market Driver -

• Rising demand for high-quality resolution, enhanced video quality from the cinema industry drives the market growth • The ongoing trend of HD (High Definition) and 3D (3-Diementional) cinemas increases the demand for market

Key Market Restraint -

• High cost of the lenses restricts the adoption, resulting hamper the market growth

Key Players Covered:

Some of the key competitors in the global digital cinema lens market are Thales Group, Leia Inc., Carl Zeiss AG, Canon Inc., FUJIFILM Corporation, SAMYANG OPTICS, Cooke Optics Limited., Sony Corporation,   and others.

In December 2016, Jebsen & Co. Ltd has collaborated with Thales Group to launch revolutionary Angenieux lenses (Zoom lenses) in the Asian Market. This collaboration has made an innovative impact on both prosumer users and professionals. This innovative impact is achieved by combining the technical knowledge and marketing understanding of the broadcasting industry and cinematic. The partnership has added another dimension to the equipment portfolio of Jebsen & Co. Ltd. making it a one-stop partner for China’s broadcasting industry.

While in September 2017, Leia Inc. and RED.com, LLC. have announced a strategic partnership. This partnership has represented its success with the launch of disruptive light field holographic smartphones in the consumer market. This smartphone has a hydrogen program to feature holographic content and 3 Dimensional (3D) movie viewing, social messaging, interactive and mixed reality.

The partnership and acquisition are the strategies adopted by key players in the market which are supporting in growth of the global digital cinema lens market.

Regional Analysis

North America is expected to show the highest share in the digital cinema market. North America has the biggest film-making industry in the world. The increasing demand for high-resolution and high-quality video and continuous motion recording lenses has driven the adoption of digital cinema lenses in that region. Although, growing demand for smartphones with better picture quality booming the demand for market across North America.

The Asia Pacific and Europe are the frontrunners in this market. Countries like Japan, South Korea, and parts of Europe have global giant manufacturers with the biggest markets in their region. The unshakable presence of these giants in the region has dominated the market growth in Asia-Pacific.

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Segmentation

Key Industry Developments

• January 2020 –  Kenko Tokina Co., Ltd.  has launched a new Prime lens (85mm). The new lens is named as ATX-M 85mm F/1.8 FE lens and is compatible with Sony E – mount cameras (mirrorless cameras). It the first lens of Kenko Tokina Co., Ltd. of ATX-M mirrorless series, and is compatible with sensor formats and multiple lens mount. The new STM auto-focus motor in the lens is very accurate, quiet and fast in both video and still modes.


• April 2019 - FUJIFILM Corporation has launched zoom cinema lenses named “Premista”. This lens delivers rich gradation, and high resolution with high dynamic range. It is majorly adopted by cinematographers as the lenses support large format sensors to provide robust high-quality video production support