Optical Coatings Market
Optical Coatings Market was valued USD 8 Bn by 2017 and is estimated to reach approximately USD 14 Bn by 2026 at a CAGR of about 8 % during a forecast period.
Technological Innovations, increasing production capacities, rising development strategies, and growing application segments are driving the Optical Coating Market globally. Rising demand in camera lens, corrective lenses, solar cells, high-resolution displays in smartphones, tablets, e-readers are major growth drivers for the Optical Coating Market. Growth of optical coatings is dependent on the growth of electronics, military and defence segments. Optical coatings plays an important role in dropping energy consumption and offers effective cooling. Growing demand for extremely flexible coating technologies from different end use industries such as medical, mirror, food packaging, military & defense and aerospace is expected to lead the demand for vacuum deposited optical coatings. Fluctuation in raw material prices on account of the regulations concerning the VOC emissions brings restrain to market growth.
Based on technology applied for coating, optical coating market is segmented into Vacuum Deposition, E-Beam Evaporation, Sputtering, Ion-Assisted Deposition, and Other. Owing to its advanced functioning properties such as is reliable, curing at room temperature, Vacuum deposition is the largest technology segment of the optical coatings market. The technology also imparts better mechanical strength & thermal stability to the optical component.
Based on optical Coatings type optical coating market is segmented into anti-reflective coatings, high reflective coatings, transparent conductive coatings, filter coatings, beam splitter coatings, electro chromic and partial reflection coatings. Among these anti-reflective optical coating segment constitute for major share in the optical coating market owing to its use in lenses, consumer electronics, and optoelectronics applications. Anti reflective coatings are generally more resistant to physical and environmental damage, as compared to rest also increase the efficiency of transmission by decreasing the fresnel reflections off the lens or on applied surface. Anti-reflective coatings finds wide range of applications attributed to the high transmission power of optical components, reduces back glare and provides high efficiency and picture quality. Expanding electronics, transportation and solar industries are about to drive the demand for anti-reflective coatings.
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Based on end-use industry optical coating market has been segmented into electronics, solar, , millitary and defence, transportation, and others (construction and medical). The electronics optical coatings segment holds major share in the optical coating market due to the increasing demand from PCB coating for complete protection from harsh environment, optical storage devices, LED lighting, florescent lighting, rapid coating of ultra-thin mobile phone keypads and other electronic devices. Better performance in environment conditions, produces high precision optical components are major factors driving the demand for optical coatings in the electronics segment. Solar segment is predicted to grow rapidly due to its dropping solar accessories prices.
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Based on region optical can be segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America holds the one third share of market of the optical coating market. Europe is expected to register significant growth due to rising use of optical coatings in automobile displays, car windows and headlamps. In addition increasing middle class population coupled with rising requirement of affordable cars is expected to impel optical coating market.
Key Players in the Market profiled and analysed.
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 are some of the keyplayer of optical coatings market.
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The Scope of the Optical Coatings Market Report:
Optical Coatings Market By Product Type:
• Antireflection
• High Reflection
• Transparent Conductive
• Filter
• Beamsplitter
• Electrochromic
• Partial Reflection
Optical Coatings Market By Technology Type:
• Vacuum Deposition
• E-Beam Evaporation
• Sputtering
• Ion-Assisted Deposition
• Other
Optical Coatings Market By End Use Type:
• Electronics
• Military & Defense
• Millitary and Defence
• Construction
• Solar
• Medical
Optical Coatings Market By Region:
• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America
Key Players Analysed in the Optical Coatings Market:
• DuPont
• ZEISS Group
• PPG Industries
• Newport Corporation
• Nippon Sheet Glass & Co., Ltd.
• Artemis Optical
• Newport Corporation
• Abrisa Technologies
• Helia Photonics Ltd.
• Optical Coatings Japan
• 3M
• Inrad Optics, Inc.
• CERAC, INC.
• Optical Coating Technologies
• Reynad Corporation
• Artemis Optical Ltd
• II-VI Optical Systems
• Optics Balzers
• Zygo Corporation
• Edmund Optics
• Carl Zeiss AG
MAJOR TOC OF THE REPORT
Chapter One: Optical Coatings Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Optical Coatings Market Competition, by Players
Chapter Four: Global Optical Coatings Market Size by Regions
Chapter Five: North America Optical Coatings Revenue by Countries
Chapter Six: Europe Optical Coatings Revenue by Countries
Chapter Seven: Asia-Pacific Optical Coatings Revenue by Countries
Chapter Eight: South America Optical Coatings Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Optical Coatings by Countries
Chapter Ten: Global Optical Coatings Market Segment by Type
Chapter Eleven: Global Optical Coatings Market Segment by Application
Chapter Twelve: Global Optical Coatings Market Size Forecast (2019-2026)
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