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Optical Coating Market Worth 10.17 Billion USD by 2020


News provided by

MarketsandMarkets

11 Feb, 2016, 09:41 GMT

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PUNE, India, February 11, 2016 /PRNewswire/ --

The report "Optical Coatings Market by Technology, (IAD, E-Beam Evaporation, Sputtering Process and Vacuum Deposition), By Type, By End-Use Industry & Region - Trends and Forecasts to 2020", published by MarketsandMarkets, The global market is projected to reach USD 10.17 Billion by 2020 at a CAGR of 7.1%.

This growth is fueled by the technological advancements, increasing production capacities, rising development strategies, and growing application sectors globally.

Browse 76 market data Tables and 64 Figures spread through 165 Pages and in-depth TOC on "Optical Coating Market"

http://www.marketsandmarkets.com/Market-Reports/optical-coating-market-128999548.html 

Early buyers will receive 10% customization on this report.

Vacuum Deposition: The largest, by technology market of optical coatings 

Vacuum deposition is the largest technology segment of the optical coatings market. This technology allows curing at room temperature is reliable and imparts better mechanical strength & thermal stability to the optical components in which it is used. The increasing demand of environment friendly and highly versatile coating technology from industries such as mirrors, medical, aerospace, food packaging, and military & defense owing to its good impact strength and excellent abrasion resistance has fueled the growth of the technology

Anti-reflective Coatings: The largest, by type market of optical coatings 

An anti-reflective coating, also known as AR coatings, is the largest segment of the optical coatings type market. Owing to their ability to reduce back glare, provide high efficiency, better picture quality, and increased transmission power of the optical components, AR coatings are used in consumer electronics, lenses, and optoelectronics applications. The growing electronics & semiconductor, solar, and transportation industry and increasing ecological regulations are few factors that drive the growth of the AR coatings market.

Electronics & Semiconductor: The largest application for optical coatings 

The electronics & semiconductor application is the largest application for optical coatings owing to the increasing demand from applications PCB coating for complete protection from harsh environment, rapid coating of ultra-thin mobile phone keypads, optical storage devices, LED lighting, florescent lighting, and other consumer electronic & semiconductor instrumentation devices in North America, Asia-Pacific, and Europe regions. The ability to resist fluctuations in performance under stringent environment conditions, and produce high precision optical components are major factors driving the demand for Optical Coatings Market in the electronics & semiconductor application segment.

North America: The largest market for optical coatings 

North America region is estimated to be the largest market for optical coatings globally. This is mainly attributed to the presence of large number of optical coating manufacturers, increasing number of patents, and growing demand of AR, high reflective, and filter coatings in the region. U.S. dominates the market due to growing optical coatings applications such as electronics & semiconductor, infrastructure, military & defense, and numerous developmental strategies adopted by the manufacturers.

The global optical coatings market is a fragmented one owing to the large number of buyers and suppliers across the globe. Also, the increasing rivalry among the players to obtain majority of the patents for optical coatings use in applications such as lenses, mirrors, glass, displays, and sensors has played a major role in intensifying the level of competition. Major players such as DuPont (U.S.), ZEISS Group (Germany), PPG Industries (U.S.), and Nippon Sheet Glass & Co., Ltd. (Japan) have adopted various organic and inorganic developmental strategies. They mainly focus on providing high-quality and low-cost optical coating components for various applications such as electronics & semiconductor, infrastructure, medical, military & defense, transportation, telecommunication/optical communication, and solar among others.

For more Info Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=128999548

This report covers the market by value for optical coatings and forecasts the market size till 2020. The report includes the market segmentation by technology, by type, by application, and by region. It also provides company profiles and competitive strategies adopted by the major market players in the global optical coatings market.

Browse Related Reports: 

Vapor Deposition Market By Technology (Chemical Vapor Deposition, Physical Vapor Deposition), By End-User Industry (Microelectronics, Cutting Tools, Industrial & Energy, Medical, Decorative Coating) - Global Trends & Forecast To 2019
http://www.marketsandmarkets.com/Market-Reports/vapor-deposition-market-151839918.html

Electronics Conformal Coating Market By Material (Acrylic, Silicone, & Others), Equipment (Curing, Coating, & Others), Method (Brush Coating, Dipping, & Others), Application (Automotive Electronics, Medical Electronics, & Others), And Geography - Global Forecasts To 2020
http://www.marketsandmarkets.com/Market-Reports/conformal-coatings-market-4692419.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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