Optical Coating Market Reaching Nearly USD 37.5 Bn By 2030Posted by rahul nikade on July 28th, 2022 Optical Coating Industry Overview The global optical coating market size is expected to reach USD 37.5 billion by 2030, registering a CAGR of 9.2% over the forecast period, according to a new report by Grand View Research, Inc. The market is estimated to be driven by the growing smart consumer electronics industry across the globe. The rising focus on electricity generation through clean sources is also expected to drive product demand. Consumer electronic devices include smartphones, tablets, phablets, smartwatches, and smart televisions. Rapid urbanization resulting in changes in consumer lifestyles is expected to create lucrative opportunities for smart consumer electronic devices. This is projected to lead to an increase in the utilization of optical coatings as they have a superior optical display and impact resistance properties. Optical Coating Market Segmentation Grand View Research has segmented the global optical coatings market on the basis of product, application, and region: Based on the Product Insights, the market is segmented into Anti-Reflective Coatings, Reflective Coatings, Filter Coatings, Conductive Coatings, Electrochromic Coatings, Others.
Based on the Application Insights, the market is segmented into Consumer Electronics, Solar, Medical, Architecture, Aerospace & Defense, Automotive, Telecommunication, Others.
Optical Coating Regional Outlook
Key Companies Profile & Market Share Insights Most of the key players operating in the market have integrated their raw material production and distribution operations to maintain product quality and expand regional outreach. This provides companies a competitive advantage in the form of cost benefits, thus increasing their profit margin. Some prominent players in the global optical coating market include
Order a free sample PDF of the Optical Coating Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |