Optical Coatings Market - Forecast(2022 - 2027)

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Optical Coatings Market - Forecast(2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report (2022 - 2027)
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• Optical coatings market size is forecast to reach
  US7.6 billion by 2027 after growing at a CAGR of
  8.0 during 2022-2027.
• The growing end-use industries like electrical
  electronics, telecommunication industry, and
  medical sector is majorly driving the demand for
  optical coatings market as it is widely used in
  lenses, optical fiber end faces, astronomical
  observations, laser processing machines, and
  other optical elements.
• Due to rising investment in 5G and other
  communications infrastructure, as well as
  increased data traffic as a result of the
  COVID-19 pandemic, the industry is further
  growing.

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Key Takeaways

• Asia-Pacific dominates the global Optical
  Coatings market, owing to growth in electronics
  and automotive sector in the region. According to
  the Department of Promotion Industry and Internal
  Trade (DPIIT), the Indian Automobiles market
  invested around US 24.5 million worth of FDI
  (Foreign Direct Investment) during the year June
  2020.
• Rising demand for optical coatings from the solar
  sector is driving the market growth. For
  instance, according to the Global Solar Council,
  18,070 MV of total solar PV capacity has been
  installed in Vietnam during the year 2020. It is
  expected to reach up to 36,774 MV of solar PV
  capacity by the end of 2025.

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• By Distribution Channel- Segment Analysis
• Ion-assisted electron-bean (IAD E-Beam)
  evaporative deposition technology dominated the
  optical coatings market in 2021 and is growing at
  a CAGR of 12.4 during the forecast period
  (2022-2027).
• The various advantages provided by ion-assisted
  electron-bean (IAD E-Beam) evaporative deposition
  such as reduced cost of ownership, long mean time
  between maintenance (MTBM) and higher ROI
  throughput is driving the demand for ion assisted
  technology.

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• Optical Coatings Market Outlook 
• Nippon Electric Glass Co., Ltd.
• PPG Industries, Inc
• VIAVI Solutions Inc.
• AGC Inc.
• Carl Zeiss Jena Gmbh (ZEISS International)
• Umicore
• Materion Corporation
• SCHOTT AG

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Optical Coatings Market - Forecast(2022 -
2027) Learn More About the Report _at_
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oatings-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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