Chemical

According to a market report by Lucintel, the future of the optical coating market looks promising with opportunities in the electronics & semiconductor, aerospace & defense, telecommunication, automotive & transportation, solar power, construction & infrastructure, and healthcare applications. The global optical coating market is expected to reach an estimated $15.6 billion by 2028 with a CAGR of 8.7% from 2023 to 2028. The major drivers for this market are increasing demand for technologically advanced optical devices, growing requirement for solar PV to produce clean electricity, and significantly rising need for innovative automobile electronics.



In this market, anti-reflective coating, filter coating, beam-splitter coating, transparent conductive coating, and electrochromic coating are the major segments of optical coating market by product type. Lucintel forecasts that anti-reflective coating will remain the largest segment over the forecast period due to the increasing application of these coating in windows, GPS navigation systems, automobile displays, and photovoltaic solar panels.



Within this market, electronics & semiconductor is expected to remain the largest segment due to the rising penetration of transparent conductive coating in electronic displays along with escalating demand for high-strength and dielectric coating layers for PV cells, electronic assembly, and IC applications.



North America will remain the largest region due to the significantly growing solar industry, presence of key manufacturing hubs, and expanding demand for reflective coating materials in the aerospace and defense industry of the region.

Gelest, Alluxa, Cascade Optical, Chroma Technology, Inrad Optics, PPG Industries, and Viavi Solutions are the major suppliers in the global optical coating market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global optical coating market by product type, technology, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Optical Coating Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global optical coating market by product type, technology, application, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the optical coating market by product type (anti-reflective coatings, filter coatings, beam-splitter coatings, transparent conductive coatings, electrochromic coatings, and others), technology (sputtering process, e-beam evaporation, ion-assisted deposition, vacuum deposition, and others), application (electronics & semiconductor, aerospace & defense, telecommunications, automotive & transportation, solar power, construction & infrastructure, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?