© 2017 Global Market Insights, Inc. USA. All Rights Reserved Optical Coatings Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, Spain, China, India, Japan, Australia & New Zealand, South Korea, Brazil, Mexico, Argentina, GCC, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024 Optical Coatings Market to Witness A Phenomenal Growth over 2018 to 2024

Global Market Scenario of Optical Coatings Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Global Optical Coatings Market size is expected to grow with a high CAGR by The market growth will be propelled by the robust demand from the end-user sectors including: consumer electronics, transportation, healthcare and defense.  Optical coating involves deposition of thin layers on optical component in a way that the interference modifies reflection & transmission characteristics of the system.  These coatings have been highly desirable in order to secure the optic against unfavourable environmental circumstances. Optical coatings will have significant demand in camera lens, corrective lenses, solar cells, etc. Growing demand for high-resolution displays in smartphones, tablets, e-readers and other applications will propel the market size by  Construction sector is probable to witness fastest growth particularly in architectural glass applications, thereby promoting optical coatings market by 2024  As per the Leadership in Energy and Environmental Design (LEED) standards for green buildings, through the thermal insulation, optical coatings play a vital role in dropping energy consumption and offers effective cooling.

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- Based on the product types, the market segmentation can be viewed as: anti-reflective (AR) coatings, filter coatings, beamsplitter coatings, high-reflective coatings, transparent conductive coatings, electrochromic (EC) coatings and others. Antireflection coating held the highest share in 2016 on account of its vast applicability in consumer electronics for- power, display units, microprocessors, memory, etc. The unique characteristics including: improved transmission power, high efficiency, back glare reduction and better picture quality, the segment is likely to have robust demand in construction sector in the near future. Regional Trends:- In 2016, North America region was stood as the largest market for optical coatings. Presence of enormous product manufacturers, growing demand of high reflective, filter, AR coatings in the U.S. were the factors promoting the market growth. However, the robust growth trends featured by the regional consumer electronics sector depict fastest growth trend in Asia Pacific optical coatings market during the forecast timespan.

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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Competitive Trends: Highly fragmented optical coatings market will be subjected to intense degree of industry rivalry throughout the forecast period. The market leaders have been engaged in developing product components with low production cost and unique features. Key industry players include: DuPont, ZEISS Group, PPG Industries, Nippon Sheet Glass & Co, Abrisa Technologies, Newport Corporation, etc. Technological progressions in developing optical coatings fabrication process will pose as the key performance indicators in this industry by 2024.

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