Anti-Reflective Coatings Market Global Size, Growth, Trends and Demand to 2030

Posted by Vedika on December 16th, 2020

The Global Anti-Reflective Coatings Market size valued to USD 3.78 billion in 2019; is predicted to garner USD 7.83 billion by 2030, witnessing a CAGR of 6.7% from 2020-2030.

The anti-reflective coatings are optical coatings applied on the surface of lenses, mirrors, or other optical surfaces, to reduce reflection and increase transmission of light, hence enhancing the throughput of light by controlling reflexive index. These di-electric coatings benefit in controlling the transmission and reflection of different spectral bands of light that are ultra violet radiations, visible light, and near infra-red radiations. The anti-reflective coatings hold wide applications in optics & eyewear, electronic gadgets, solar panels, automotive industries, and other industry verticals.

Access Full Description of this report at:-

https://www.nextmsc.com/report/anti-reflective-coatings-market

Top Companies: AccuCoat Inc., Dupont, Coco Leni, Evaporated Coatings Inc., Eksma Optics, Hoya Vision Care Company, Essilor, Majestic Optical Coatings, PPG Industries Inc, Optics Balzers AG, Spectrum Direct, Honeywell International Inc., Quantum Coating, ZEISS International, Optical Coatings Japan, Torr Scientific Ltd, Optimum RX Lens Specialists, Zygo Corporation, Rodenstock GmbH and others.

The global anti-reflective coatings market share analysis is based on technology, application, and geography. Based on technology, the market is segmented into Vacuum Deposition, Electronic Beam Evaporation, Sputtering, and Others. Based on application, the market is divided into Eyewear, Electronics, Solar Panels, Automobile, and Others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Asia-Pacific, Europe, and RoW.

North American region held the highest market share of the global anti-reflective coatings market and is expected to follow a similar trend during the forecast period owing to increasing demand of anti-reflective coatings in eyewear applications as well as its growing application in consumer goods such as smartphones, cameras, flat panel displays and other electronic gadgets. Asia Pacific region is expected to to grow at a notable CAGR during the forecast period, owing to factors like multiplying population, rapid urbanization, increase in disposable incomes as well as increasing government initiatives on non-conventional sources specifically on solar panels.

The global anti-reflective coatings market is proliferating, owing to developments in eyewear and photovoltaics industries as well as construction sector. Besides, environmental concerns like Global Warming, depleting conventional fuels, and increasing trends towards sustainable development. Solar panels being the most energy efficient with feasible installations, easy maintenance, and high-power output, prove to be the best alternative to conventional energy sources. The increasing installations of solar panels result in higher demand for anti-reflective coatings, that in-turn is anticipated in boosting-up the anti-reflective coatings market growth in future.

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

Like it? Share it!


Vedika

About the Author

Vedika
Joined: November 28th, 2020
Articles Posted: 128

More by this author