Tamron Aims for 8% Global Lens Market Share by 2026

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Tamron has been quite successful in the third-party lens manufacturing domain. Lenses such as 35-150mm f2-2.8 Di III VXD70-180mm f2.8 G2, and 50-400mm f4.5-6.3 have showcased powerful performance at an affordable rate. However, this year has been slow for many reasons. As the report showcases, there has been a decline, but they have some plans for the future of the line. Here’s a quick look at the story.

Tamron’s Profit and Loss

Infographic of photographic products business results, future targets, and pie chart showing sales by brand type.
Screenshot from the report

According to the company’s fiscal year report, the company has showcased a 7% year-on-year drop for the FY2025. The revenue was 41.7 billion yen, with the operating income falling 15.1% to 9.2 billion yen. The result has been due to a decline in the photographic products segment, which makes up about three-quarters of sales.

Infographic on Tamrons strategy to offset US tariffs with global production, showing production data and forecasts.
Screenshot from the report

The company has said they have seen a slowness in Europe, the U.S., and China, which has also impacted the growth in Japan and India. The reduction in orders for OEM models is due to the performance. The U.S. tariffs have also impacted sales. The company has seen a decrease of 650 million yen from net sales and 350 million yen from operating income in the first half of the year.

Future Plans For the Best

Table showing release dates and models of new camera lenses from Sony, Fujifilm, Nikon, and Canon for 2023–2025.
Report from Tamron

However, the company has also achieved 90 billion yen in sales and 19.5 billion yen in operating income, which shows great growth. As part of its future plan, the company aims to expand its own-brand photographic products throughout Europe, America, and China. This includes the launch of new lenses, such as 16-30mm f2.8 VXD G2 and 18-300mm f3.5-6.3 VC VXD. The company will continue the plan of launching multiple lenses a year. As it said in the report: “Initial medium-term management plan: targeting 6 to 7 new models a year, achieved 7 new models launches in the first year of the plan. New medium-term management plan: aiming to launch 10 new models a year by 2026.”

As of now, Tamron‘s plan seems on point, since the company is trying to keep its record going. As we have seen with the 16-30mm f2, the company is creating powerful options that will sustain the test of time. As we said in our review, ” And the Tamron 16-30mm f2.8 Di III VXD G2 has a lot going for it. There’s fast autofocus, weather resistance, sharper optics, punchy colors, the USB-C port on the side for firmware updates, and a featherweight body. If Sigma is all about going in on image quality, Tamron is all about going in on performance.”

Let’s see what the new year brings, but knowing the company, they will pull through. We just have to wait and see how.


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