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Optical Coating Market Opportunity Assessment to Reveal Lucrative Growth Prospects for Players 2022

Increased application of optical coatings in solar cells is expected to offer major opportunities to the global optical coating market.

According to a new report published by Allied Market Research titled, “Optical Coating Market by Type, Technology, and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2014-2022,” the global optical coating market was valued at $7,794 million in 2015, and is expected to reach $12,351 million by 2022, growing at a CAGR of 6.6% during the forecast period. Antireflection segment was the largest contributor to the global optical coating market in 2015. In the same year, North America held the leading position, and is expected to lead in the future as well.

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Optical coating exhibits various characteristics such as optically transparent chemical resistance, abrasion resistance, UV resistance, anti-static, anti-glare, and anti-fog properties. These coatings are utilized in glasses, lenses, solar panels, digital signage, TFT & LED screens, and other engineering components. The performance of an optical coating material depends on factors such as number of coating layers, thickness of individual layers, and difference in refractive index at the layer interface.

Vacuum deposition technology was the largest revenue generator in 2015, as this technology is a surface engineering treatment used to deposit layers of coating material atom by atom on the optical substrate. The technology puts coating materials into vapor state, where the process of obtaining vapors from liquid or solid source is called physical vapor deposition. On the other hand, the process wherein the vapors are obtained from the chemical reaction is called chemical vapor deposition. The process is environmentally friendly, as it is carried out under vacuum. The technique is applicable for coating magnetic films, semiconductors devices, mirrors, solar panels, and others.

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  • The electronics & semiconductor segment occupied the highest share in 2015, and is expected to grow at a CAGR of 6.6%, in terms of value, during the forecast period.
  • North Americais the leading consumer of optical coating, accounting for approximately more than one-third share of the global market, followed by Asia-Pacific.
  • The filter type optical coating segment is expected to witness the highest CAGR of 8.4%.
  • Vacuum deposition technology segment accounted for more one-third of the global optical coating market in 2015.
  • S. is the leading market for optical coating in the North American region, growing at a CAGR 7.0%.

North America accounted for the largest market share in 2015, whereas Asia-Pacific is projected to grow at the highest CAGR. Rise in spending capability of consumers, high demand for superior technology in China, India, and Japan are expected to increase the demand for electronics & semiconductor market, which is expected to drive the optical coating market in Asia-Pacific.

The prominent players profiled in this report include E.I. Dupont De Nemours company, PPG Industries, Zeiss Group, Nippon Sheet Glass Co., Ltd., Abrisa Technologies, Newport Corporation, Inrad Optical, Inc., Reynad Corporation, Artemis Optical Ltd., and II-VI Optical Systems.

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We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Optical Coating Market Detailed Analysis of Current Industry Figures | Abrisa Technologies, Alluxa, Artemis Optical Ltd., Cascade Optical Corporation, Chroma Technology Corporation

Optical Coating Market Detailed Analysis
Optical Coating Market Detailed Analysis

The Latest research study released by the Insight Partners “Global Optical Coating Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current Optical Coating Market development, landscape, technologies, drivers, opportunities, Optical Coating Market  viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

The SWOT analysis plays a major role in dovetailing the right aspects and offering a holistic view of the industry. Regions are estimated based on economic factors, government policies, and consumer sentiment and sized according to the scope of the Optical Coating Market. Benchmarking of products using a variety of performance standards, analysis of strategies, and competitive intelligence of key players are included in the  Optical Coating Market report for the period of 2020 to 2027.

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The global optical coating market is anticipated to witness growth in the forecast period owing to major drivers such as growing awareness regarding energy efficient buildings, global shift towards solar power generation and surge in demand for smart electronics. Anti-reflection coating improves visual acuity which is another major factor responsible for the growth of the market. However, expensive application techniques results in high production costs which in turn hinders the market. Volatility in raw material prices often has a negative impact on the market growth. The optical coating market is expected to witness growth opportunities for top market players during the forecast period owing to advances in R&D for its application in the field of artificial intelligence.

The key Optical Coating Market players influencing the market are

  • Abrisa Technologies,
  • Alluxa,
  • Artemis Optical Ltd.,
  • Cascade Optical Corporation,
  • Chroma Technology Corporation
  • II-VI Optical Systems
  • Inrad Optics
  • Reynard Corporation
  • VIAVI Solutions Inc.

Optical Coating Market Segmentation  

The global optical coating market is segmented on the basis of type, technology and end user industry. Based type, the market is segmented as antireflection, high reflection, transparent conductive, filter, beam-splitter, electro-chromic, and partial reflection coatings. On the basis of technology, the market is segmented as vacuum deposition technology, E-beam evaporation technology, sputtering technology, ion-assisted deposition (IAD) technology, and others. The market on the basis of the end user industry is classified as electronics & semiconductor, military & defense, automotive, construction, solar, medical and others.

Primary and secondary Optical Coating Market research are conducted using Porter’s Five Forces method. Primary research entails the accumulation of raw data from public and private sources. The data is studied extensively and used in gauging the growth or decline of trends. Subject matter experts, consultants, and directors of key companies are approached for their opinions. Secondary research is conducted for the verification of the primary research through other sources. Surveys and polls are conducted to understand the pulse of the audience and used in crafting new stratagems. Databases, archives, news, events, exhibitions, press releases of industry leaders, and other pivotal turning points are assessed to gain information on the industry.

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North America, Latin America, Asia-Pacific, Africa, and Europe have been studied in order to underline significant market players operating in the global regions. The Optical Coating Market study encapsulates critical market attributes such as demand and overview of products and services. This research report offers a 360-degree overview of the competitive landscape of the global Optical Coating Market.

Optical Coating Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Table of Contents: Optical Coating Market

Chapter 1. Optical Coating Market Overview

Chapter 2. Optical Coating Market Competition by Players / Suppliers

Chapter 3. Sales and Revenue by Regions

Chapter 4. Sales and Revenue by Type

Chapter 5. Optical Coating Market Sales and revenue by Application

Chapter 6. Market Players profiles and sales data

Chapter 7. Manufacturing Cost Analysis

Chapter 8. Industrial Chain, Sourcing Strategy and Down Stream Buyers

Chapter 9. Optical Coating Market Strategy Analysis, Distributors/Traders

Chapter 10. Optical Coating Market effective factors Analysis

Chapter 11. Market Size and Forecast

Chapter12. Conclusion

Chapter13. Appendix

Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.


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