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Published on : Apr 14, 2017

Albany, New York, April 14, 2017: The 117-page research publication is titled “Global Lens Converters Market Research Report 2017”, covers the key trends in the overall market, and offers details pertaining to production and revenue. The main areas of focus include markets in Europe, North America, Japan, China, India, and Southeast China. These regional lens converter markets are studied based on growth rate, production, market share, revenue, and consumption. 

The report identifies and discusses the major factors driving the demand for lens converters and the key forces hindering market growth. It has been observed that the main factors boosting the uptake of lens converters is rising disposable income, growing interest in photography as a profession and as a hobby, and ongoing technological developments as far as camera lenses and other accessories are concerned. 

Photography as a hobby has been around for decades; however, an increasing number of people are now looking to earn some money through their hobbies. Travel bloggers, television shows, magazines, and many other forms of media are turning to readers and avid photographers for images through the emerging trend of citizen journalism. This has upped the demand for powerful cameras with high-quality and high-precision lenses. 

Recognizing the potential of this trend, manufacturers have been developing a variety of alternative lenses, including lens converters and adapters. These alternatives tend to be cheaper and sometimes even superior than unadapted lenses. And now with a number of e-commerce portals selling a variety of electronic products at competitive prices, lens converters are becoming even more popular. 

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A factor that could pose a challenge to a certain extent is compatibility of lens converters with camera systems. However, with newer technologies being developed on a frequent basis, this seems to be a small hurdle to overcome. Another roadblock could be the easy availability of high-quality lenses for existing camera systems. 

The report evaluates the various manufacturers operating in the lens converters market and profiles them based on key aspects such as production, capacity, price, market share, and revenue of each manufacturer. The report also provides details with respect to key competitors of the players profiled, manufacturing base, product portfolio, gross margin, and business overview. 

The top companies profiled in the report are Raynox, Lensbaby, Bower, Sigma, Panasonic, Canon, Opteka, Sony, Tamron, Fujifilm, Vivitar, Nikon, Kenko, Olympus, and Schneider Optics. These players have been offering a host of solutions in the form of lens converters that can make camera systems more flexible. They are also investing a lot of capital into research and development activities to come up with more compatible and flexible lens converters that can help enhance picture quality and clarity. 

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