The Zoom Lens Market is expected to reach USD 359.20 million by 2032, driven by various industries.

From GlobeNewswire: 2025-06-10 09:10:00

The Zoom Lens Market is on the rise, with a value of USD 268.48 million in 2024 expected to reach USD 359.20 million by 2032, growing at a CAGR of 3.76%. The market is driven by smart surveillance and IoT integration, with applications in various industries like medical imaging, industrial automation, and transportation.

North America leads the Zoom Lens Market, with the U.S. market size expected to grow from USD 63.29 million in 2024 to USD 72.15 million by 2032. Asia Pacific emerges as the fastest-growing region, with a projected CAGR of 4.81% from 2025 to 2032, driven by consumer electronics and smart city initiatives.

In 2024, the Electric Zoom segment dominated the market with a 62.87% revenue share, supported by demand in surveillance and commercial photography. The Manual Zoom segment is projected to grow at the fastest CAGR of 5.29%, catering to hobbyists and budget-conscious users.

Key players in the Zoom Lens Market include Young Optics, Fujifilm Holdings Corporation, Canon, Nikon, Sony, and more. Recent developments include Tamron launching new lenses with updated mounts, showcasing the industry’s competitiveness and innovation.

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