Industry Statistics and Rankings
How does this industry perform in Romania compared to Europe?
Country Benchmarking
Industry Data Romania
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#24 In EuropeBusiness
#10 In EuropeEmployees
#20 In EuropeWages
#22 In EuropeEurope’s Optical Instrument and Photographic Equipment Manufacturing industry has experienced notable growth driven by increasing demand for optical instruments in the medical and scientific sectors. Technological innovation in medical devices using optical systems has boosted demand, particularly for endoscopy systems, microscopes and optical tomography systems for biomedical research. The rising prevalence of chronic diseases and greater demand for healthcare services due to ageing European populations have also boosted demand for optical instruments and lenses. The industry continues to face challenges like competition from imported products, particularly from countries like China, with cost advantages, pressuring profitability for European manufacturers. The widespread adoption of smartphones has, on the one hand, driven demand for blue light and computer lenses but also caused a dramatic decline in demand for traditional photographic equipment like digital cameras. Revenue in Europe’s Optical and Photographic Equipment Manufacturing industry has contracted at a compound annual rate of 0.5% over the five years through 2024, declining by 1.6% to €20.1 billion in 2024. Manufacturers in France, Germany and Spain are trying to counter the decline in camera sales by offering specialised features and high-performance cameras targeted at professional photographers.
Enterprises
Number of businesses in 2024
Biggest companies in the Optical & Photographic Equipment Manufacturing in Romania
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Carl Zeiss AG | 9,860.0 | 1,843.1 | 18.7 | |
IPG Photonics Corporation | 1,300.4 | 241.5 | 18.6 | |
EssilorLuxottica SA | 29,831.6 | 3,478.5 | 11.7 |
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Top Questions Answered in this Report
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What is the market size of the Optical & Photographic Equipment Manufacturing industry in Romania in 2024?
The market size of the Optical & Photographic Equipment Manufacturing industry in Romania is €25.6m in 2024.
How many businesses are there in the Optical & Photographic Equipment Manufacturing in Romania industry in 2024?
There are 74 businesses in the Optical & Photographic Equipment Manufacturing industry in Romania, which has declined at a CAGR of 6.4 % between 2019 and 2024.
Has the Optical & Photographic Equipment Manufacturing industry in Romania grown or declined over the past 5 years?
The market size of the Optical & Photographic Equipment Manufacturing industry in Romania has been declining at a CAGR of 6.4 % between 2019 and 2024.
What is the forecast growth of the Optical & Photographic Equipment Manufacturing industry in Romania over the next 5 years?
Over the next five years, the Optical & Photographic Equipment Manufacturing industry in Romania is expected to decline.
What are the biggest companies in the Optical & Photographic Equipment Manufacturing market in Romania?
The biggest companies operating in the Optical & Photographic Equipment Manufacturing market in Romania are Carl Zeiss AG, IPG Photonics Corporation and EssilorLuxottica SA
What does the Optical & Photographic Equipment Manufacturing in Romania include?
Optical components and parts and Parts and accessories are part of the Optical & Photographic Equipment Manufacturing industry.
Which companies have the highest market share in the Optical & Photographic Equipment Manufacturing in Romania?
The company holding the most market share in Romania is Carl Zeiss AG.
How competitive is the Optical & Photographic Equipment Manufacturing industry in Romania?
The level of competition is moderate and decreasing in the Optical & Photographic Equipment Manufacturing industry in Romania.
Related Industries
This industry is covered in 37 countries
Domestic industries
Complementors
- Electronic Component & Board Manufacturing in Romania
- Communication Equipment Manufacturing in Romania
- Measuring, Testing & Navigation Equipment Manufacturing in Romania
- Electromedical & Imaging Equipment Manufacturing in Romania
- Medical & Dental Instrument & Supplies Manufacturing in Romania
International industries
Table of Contents
About this industry
Industry definition
This industry manufactures optical instruments, lenses and photographic equipment, including cameras, light metres, lasers and binoculars. Lenses are also coated, polished and used in this industry. It doesn’t involve manufacturing optical products, televisions or video cameras.
Related Terms
LASERLASER BEAMPHOTONICSULTRASONICWhat's included in this industry?
Optical components and partsParts and accessoriesLasers and other optical devicesAnalysers and measuring instrumentsCameras and parts for camerasCompanies
Carl Zeiss AGIPG Photonics CorporationEssilorLuxottica SAIndustry Code
267 - Manufacture of optical instruments and photographic equipment in Romania
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Optical & Photographic Equipment Manufacturing in Romania industry?
Outlook
Analysis
What's driving the Optical & Photographic Equipment Manufacturing in Romania industry outlook?
Volatility
Analysis
What influences volatility in the Optical & Photographic Equipment Manufacturing in Romania industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Optical & Photographic Equipment Manufacturing in Romania industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Medical devices rely on laser technology. The medical technology industry is a key optical and photographic equipment manufacturer market. Laser technology enables precise cutting in minimally invasive surgeries and in medical imaging.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Optical & Photographic Equipment Manufacturing in Romania industry's products and services performing?
Analysis
What are innovations in the Optical & Photographic Equipment Manufacturing in Romania industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Optical & Photographic Equipment Manufacturing in Romania industry?
International Trade
Highlights
- Total Imports into Romania
- Total Exports into Romania
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Specialisation helps companies consolidate. The industry is filled with small and medium-size companies that specialise in specific product types, like lenses, prisms and laser systems. Specialising in certain product types and niche segments can secure higher profit.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Optical & Photographic Equipment Manufacturing in Romania located?
Companies
Data Tables
Top 9 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Strict regulations ensure products meet quality and safety standards. Optical instruments and lasers have to follow RoHS Directives around hazardous substances in electrical and electronic equipment. Other regulations include radiation protection legislation and the General Product Safety Directive.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Optical & Photographic Equipment Manufacturing in Romania industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Establishing stable supply lines and procuring materials impact profit. Fluctuations in the price of optical and electronic components and supply chain disruptions can inflate production costs, weighing on profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Optical & Photographic Equipment Manufacturing in Romania industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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France
Italy
Spain