DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Optical Coating Market Analysis By Product, By Application And Segment Forecasts To 2022" report to their offering.
The Global Optical Coating Market is expected to reach USD 19.70 billion by 2022. Growing demand for smartphones, tablets and high resolution displays is expected to drive growth over the forecast period.
Rising utilization of consumer electronics coupled with technological advancement in this area is expected to augment demand over the next seven years. Optical coatings are used on glass surfaces which are further used in host of applications. Growing concern regarding energy efficient buildings has led to increased use of optical coatings in architectural glass.
As per the LEED standards for green buildings, optical coatings play an important role in reducing energy consumption through thermal insulation and results in effective cooling and reduced costs. Favorable regulatory policies around the globe are expected to propel product demand in architectural glass applications over the forecast period.
Anti-reflective segment is expected to grow at a CAGR of over 10.0% from 2015 to 2022 in terms of volume. Declining prices of smartphones and tablets, coupled with emergence of new technologies in terms of improved user interface is expected to drive demand over the forecast period. Anti-reflective coatings are being widely used in optics and laser industry which is expected to further propel growth over the next seven years.
North America accounted for a share of over 30.0% of the global market in terms of revenue.
- Alluxa, Inc.
- Cascade Optical Corporation
- Chroma Technology Corp.
- Janos Technology Inc
- Inrad Optics
- Newport Corporation
- Optical Coatings Japan
- PPG Industries
- Viavi Solutions
- Schott AG
- Abrisa Technologies
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Optical Coatings Industry Outlook
4. Optical Coatings Product Outlook
5. Optical Coatings Application Outlook
6. Optical Coatings Regional Outlook
7. Competitive Landscape
For more information visit http://www.researchandmarkets.com/research/cck5jr/optical_coating