Market Overview:
The global optical coating market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for AR coatings, high reflective coatings, transparent conductive coatings, filter coatings, beamsplitter coatings and EC coatings in various applications. Additionally, the growing demand for solar energy and advancement in technology are also contributing factors to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis of type, AR Coatings are projected to witness highest CAGR during forecast period owing to its increasing application scope across different industries such as electronics & semiconductor; military & defense; transportation; telecommunication/optical communication; infrastructure and solar among others. On basis of application segmentation Electronics & Semiconductor is anticipated witness highest CAGR over next 10 years due rising demand from consumer electronics industry coupled with miniaturization trend across globe followed by Military & Defense sector which is expected register healthy growth rate over next decade on account increased spending on defense sector by governments globally .
Product Definition:
An optical coating is a thin film deposited on an optical surface that alters the way light travels through it. Optical coatings are used to improve the performance of optical components by reducing reflection, attenuation, and distortion.
AR Coatings:
Augmented reality (AR) coatings are a combination of plastic and glass, which is applied on the optical fiber to improve its performance. AR coating consists of two layers; an outer layer of polyethylene or silica that acts as a protective cover for the glass core inside. The coating helps in increasing light transmission by reducing reflectance along with improving durability and flexibility.
The global augmented reality coatings market size was valued at USD 548 million in 2017.
High Reflective Coatings:
High reflective coatings are a type of optical coating which is applied on the glass or plastic surface. The coating reflects the light back to its source, making it easier for the light to be absorbed by the material. These coatings are mainly used in windows and exterior mirrors of vehicles for better vision at night and in bad weather conditions. They also find use in various applications such as decorative lighting, roof lights, advertising billboards and indoor signs among others.
Application Insights:
The electronics and semiconductor application segment accounted for the largest market share in 2017. The growth is attributed to the increasing demand for coatings with high thermal resistance, low dielectric constant, anti-reflective, anti-static and hydrolytic stability. Optical coatings are used in printed circuit boards (PCB) of various electronic products such as telecommunication equipment, computers/laptops/netbooks, consumer electronics devices including LED TVs and LCDs among others.
The military & defense sector was one of the prominent applications that accounted for a significant market share in 2017 owing to growing security concerns among consumers across the globe. The rapid rise in terrorist attacks has led to an increased focus on enhancing personal safety at airports globally which is expected to boost product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, availability of low-cost labor, raw material and capital goods. Moreover, increasing foreign investments coupled with favorable government policies are anticipated to drive regional growth over the forecast period.
The Asia Pacific region is characterized by a large number of manufacturers owing to presence of major electronic product manufacturing countries such as China, Japan and South Korea along with Taiwan Province in China. These factors have led to high demand for coating solutions for various applications across industries such as electronics & semiconductors; medical; military & defense; automotive etc., thereby driving overall market growth in APAC region significantly higher than other regions during same period.
Europe was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand for optical coatings in the automotive and aerospace industries due to the growing need for advanced optics and photonics technologies.
- Rising demand from emerging economies such as China and India due to the increasing adoption of new optical technologies in these regions.
- Growing use of optical coatings in solar energy applications owing to the rising demand for renewable energy sources worldwide.
- Increasing investments by coating manufacturers in R&D activities to develop innovative coating products that meet the latest industry requirements.
- Proliferation of nanotechnology-based coatings that offer better performance than traditional coatings, which is expected to boost growth prospects for the global optical coating market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Coating Market Research Report
By Type
AR Coatings, High Reflective Coatings, Transparent Conductive Coatings, Filter Coatings, Beamsplitter Coatings, Ec Coatings
By Application
Electronics & Semiconductor, Military & Defense, Transportation, Telecommunication/Optical Communication, Infrastructure, Solar, Medical
By Companies
Dupont, PPG, Nippon Sheet Glass, Zeiss, Newport Corporation, Inrad Optics, Artemis Optical, Abrisa Technologies, Reynard Corporation, II-VI Optical Systems, Dupont
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Optical Coating Market Report Segments:
The global Optical Coating market is segmented on the basis of:
Types
AR Coatings, High Reflective Coatings, Transparent Conductive Coatings, Filter Coatings, Beamsplitter Coatings, Ec Coatings
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics & Semiconductor, Military & Defense, Transportation, Telecommunication/Optical Communication, Infrastructure, Solar, Medical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dupont
- PPG
- Nippon Sheet Glass
- Zeiss
- Newport Corporation
- Inrad Optics
- Artemis Optical
- Abrisa Technologies
- Reynard Corporation
- II-VI Optical Systems
- Dupont
Highlights of The Optical Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AR Coatings
- High Reflective Coatings
- Transparent Conductive Coatings
- Filter Coatings
- Beamsplitter Coatings
- Ec Coatings
- By Application:
- Electronics & Semiconductor
- Military & Defense
- Transportation
- Telecommunication/Optical Communication
- Infrastructure
- Solar
- Medical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Optical Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Optical coating is a process that uses light to create a protective layer on an object. This layer can help protect the object from scratches, dirt, and other debris.
Some of the major companies in the optical coating market are Dupont, PPG, Nippon Sheet Glass, Zeiss, Newport Corporation, Inrad Optics, Artemis Optical, Abrisa Technologies, Reynard Corporation, II-VI Optical Systems, Dupont.
The optical coating market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Optical Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Optical Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Optical Coating Market Size & Forecast, 2018-2028
4.5.1 Optical Coating Market Size and Y-o-Y Growth
4.5.2 Optical Coating Market Absolute $ Opportunity
Chapter 5 Global Optical Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Optical Coating Market Size Forecast by Type
5.2.1 AR Coatings
5.2.2 High Reflective Coatings
5.2.3 Transparent Conductive Coatings
5.2.4 Filter Coatings
5.2.5 Beamsplitter Coatings
5.2.6 Ec Coatings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Optical Coating Market Size Forecast by Applications
6.2.1 Electronics & Semiconductor
6.2.2 Military & Defense
6.2.3 Transportation
6.2.4 Telecommunication/Optical Communication
6.2.5 Infrastructure
6.2.6 Solar
6.2.7 Medical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Optical Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Optical Coating Analysis and Forecast
9.1 Introduction
9.2 North America Optical Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Optical Coating Market Size Forecast by Type
9.6.1 AR Coatings
9.6.2 High Reflective Coatings
9.6.3 Transparent Conductive Coatings
9.6.4 Filter Coatings
9.6.5 Beamsplitter Coatings
9.6.6 Ec Coatings
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Optical Coating Market Size Forecast by Applications
9.10.1 Electronics & Semiconductor
9.10.2 Military & Defense
9.10.3 Transportation
9.10.4 Telecommunication/Optical Communication
9.10.5 Infrastructure
9.10.6 Solar
9.10.7 Medical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Optical Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Optical Coating Market Size Forecast by Type
10.6.1 AR Coatings
10.6.2 High Reflective Coatings
10.6.3 Transparent Conductive Coatings
10.6.4 Filter Coatings
10.6.5 Beamsplitter Coatings
10.6.6 Ec Coatings
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Optical Coating Market Size Forecast by Applications
10.10.1 Electronics & Semiconductor
10.10.2 Military & Defense
10.10.3 Transportation
10.10.4 Telecommunication/Optical Communication
10.10.5 Infrastructure
10.10.6 Solar
10.10.7 Medical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Optical Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Optical Coating Market Size Forecast by Type
11.6.1 AR Coatings
11.6.2 High Reflective Coatings
11.6.3 Transparent Conductive Coatings
11.6.4 Filter Coatings
11.6.5 Beamsplitter Coatings
11.6.6 Ec Coatings
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Optical Coating Market Size Forecast by Applications
11.10.1 Electronics & Semiconductor
11.10.2 Military & Defense
11.10.3 Transportation
11.10.4 Telecommunication/Optical Communication
11.10.5 Infrastructure
11.10.6 Solar
11.10.7 Medical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Optical Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Optical Coating Market Size Forecast by Type
12.6.1 AR Coatings
12.6.2 High Reflective Coatings
12.6.3 Transparent Conductive Coatings
12.6.4 Filter Coatings
12.6.5 Beamsplitter Coatings
12.6.6 Ec Coatings
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Optical Coating Market Size Forecast by Applications
12.10.1 Electronics & Semiconductor
12.10.2 Military & Defense
12.10.3 Transportation
12.10.4 Telecommunication/Optical Communication
12.10.5 Infrastructure
12.10.6 Solar
12.10.7 Medical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Optical Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Coating Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Optical Coating Market Size Forecast by Type
13.6.1 AR Coatings
13.6.2 High Reflective Coatings
13.6.3 Transparent Conductive Coatings
13.6.4 Filter Coatings
13.6.5 Beamsplitter Coatings
13.6.6 Ec Coatings
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Optical Coating Market Size Forecast by Applications
13.10.1 Electronics & Semiconductor
13.10.2 Military & Defense
13.10.3 Transportation
13.10.4 Telecommunication/Optical Communication
13.10.5 Infrastructure
13.10.6 Solar
13.10.7 Medical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Optical Coating Market: Competitive Dashboard
14.2 Global Optical Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dupont
14.3.2 PPG
14.3.3 Nippon Sheet Glass
14.3.4 Zeiss
14.3.5 Newport Corporation
14.3.6 Inrad Optics
14.3.7 Artemis Optical
14.3.8 Abrisa Technologies
14.3.9 Reynard Corporation
14.3.10 II-VI Optical Systems
14.3.11 Dupont
