Transparency Market Research
Cinema lenses, also known as cine lenses, are high-quality lenses designed to meet the specific requirements of filmmaking. These lenses are designed to record continuous motion and offer extraordinary video quality that fits for cinema production. Compared to still photography lenses, cinema lenses are more superior in terms of design, features, and output. Hence, cinema lenses are costlier. Cinema lenses are used in video production, ad-making, and filmmaking; wherein precise focus and internal zoom control, better light and aperture control, and excellent photo and video quality are required. Cine lenses are durable due to their all-metal body that can withstand harsh conditions. Focus rings are used in cine lenses. They maintain the focus and they can switch between the subjects. This, on the other hand, requires extreme precision in case of still photo lenses. Moreover, anamorphic cine lenses provide a variety of aspect ratios, which utilizes the entire frame, giving artistic options to video producers. This, in turn, has created an opportunity for cine lens manufactures to expand their product portfolio in the filmmaking industry.
The global cinema lenses market is expected to be driven by factors such as growth of the filmmaking industry worldwide. There has been high demand in the cinema & video production industry for higher-quality and continuous-motion-recording lenses. In terms of revenue, the global filmmaking industry is expected to reach US$ 50 Bn by 2020, with China, India, and the U.S. to be key contributors to the market. Moreover, the global animation & VFX industry is also gaining momentum, which is contributing greatly to superior video quality in the film industry. The global animation & VFX industry was valued at US$ 254 Bn in 2017. Moreover, increasing demand for a wide range of lenses in terms of focal length, dynamic range, and zooming capabilities has augmented the global cine lenses market. Easy availability of cinema lenses via various online portals has positively impacted the global cinema lenses market. Also, there has been rise in the culture of professional photography and video making worldwide. This, in turn, is creating traction in the cinema lenses market. However, cine lenses are expensive, which hampers the rate of adoption by the masses. Moreover, scope for application of cine lenses is very limited. They can be used only in the film industry and areas where precise and in-depth photography is required. However, researchers have come up with modified still photo lenses with the same features as cine lenses. These are available at reasonable prices.
One of the key trends in the cinema lenses market is technological innovations. Canon Inc., a leading manufacturer of cine lenses, is planning to introduce EOS C700 FF Cinema Lenses featuring 5.9K full-frame sensors with built-in anamorphic de-squeeze capabilities. Carl-Zeiss AG is planning to launch the Zeiss Supreme Prime collection, which would feature 13 fixed focal lenses. The price of the supreme prime collection is expected to be high i.e. US$ 108,000 for the first six sets.
The global cinema lenses market can be segmented in terms of product, image projection, focal length, resolution, zooming capability, application, and geography. Based on product, the global cinema lenses market can be segmented into entry-class, medium-class, and high-end-class. Based on image projection, the market can be segregated into anamorphic and spherical. In terms of focal length, the market can be classified into wide-angle (14–35 mm), normal (35–70 mm), medium telephoto (70–135 mm), and telephoto (>135 mm). In terms of resolution, the market can be segmented into 2K, 4K, and others (6K, 8K). Based on zooming capability, the market can be divided into zoom and prime. In terms of application, the market can be segmented into amateur and professional. Geographically, the global cinema lenses market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Some of the prominent players in the global cinema lenses market are Sony Corporation (Japan), Canon Inc. (Japan), Carl-Zeiss AG (Germany), Fujinon Corporation (Japan), Leica Camera AG (Germany), Angenieux (France), Cooke Optics Ltd. (U.K.), ARRI AG (Germany), Schneider Optics Inc. (U.S.), and Samyang Optics Company Limited (South Korea).
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