The size of the optical coating market is expected to grow from US$12.6 billion in 2021 to US$19 billion in 2026, with a compound annual growth rate of 8.5%

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New York, June 7, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announced the release of the report “Optical Coatings Market by Technology, Type, End Use Industry and Region-Global Forecast to 2026”- https://www.reportlinker.com/p03629273/?utm_source=GNW

Optical coating is a process of mixing a thin film on optical elements (such as lenses and mirrors) to enhance the reflection and transmission characteristics of the optical system. They usually contain layers of various metals and dielectric materials, such as titanium dioxide, silicon carbon dioxide, and aluminum stacked together depending on the end use.

Optical coatings are thin layers of special materials deposited on various optical components and equipment. They are used as a substitute for traditional coatings to enhance the reflection and transmission characteristics of the surface of the components. The development of electronics and semiconductors, military and defense, transportation, and other end-use industries are significantly driving the demand for optical coatings.

All these factors are expected to promote the development of the optical coating market.

Vacuum deposition is the largest technical field in the optical coating market.

The optical coating market is divided into vacuum deposition, electron beam evaporation, sputtering process and ion-assisted deposition (IAD) according to technology. Vacuum deposition occupies a major market share in the entire optical coating market because it can be cured at room temperature, improving reliability, and improving the thermal and mechanical strength of electronic devices.

Antireflection coatings are the largest type of segment in the optical coating market.

The optical coating market is subdivided into AR coating, highly reflective coating, transparent conductive coating, filter coating, spectroscope coating, EC coating, etc. according to the type. The AR coating type market segment occupies the main market share of the entire optical coating market because it can provide high-quality coatings with high transmission power and low reflection power for components such as lenses, mirrors, and displays used in various industrial and consumer applications .

These factors are driving the growth of AR coatings in the global optical coating market.

Electronics and semiconductors are the largest end-use industry segments in the optical coatings market.

The optical coatings market is subdivided into electronics and semiconductors, military and defense, transportation, telecommunications/optical communications, infrastructure, solar energy, medical, etc. according to end-use industries. The electronics and semiconductor end-use industries account for part of the market share in the overall optical coating market due to the increasing demand for high-resistance and high-dielectric strength coatings in photovoltaic (PV) cells, electronic components, ICs and other optoelectronic devices .

These factors are driving the growth of the optical coating market in the electronics and semiconductor industries.

North America is the largest market in the optical coatings market.

North America is the largest optical coating market during the forecast period. This growth can be attributed to the growing demand from the electronics and semiconductor industries, as well as the increasing contributions of the government and major players to the commercialization of optical coatings in the region.

In addition, strict environmental and government regulations, such as building and industrial maintenance (AIM) volatile organic compound (VOC) coating content limits and the United States Munitions List (USML), these regulations affect the export of optical technology and coatings under the international arms trade The implementation of regulatory regulations (ITAR) has promoted the growth of the optical coatings market in the region.

The details of the main interviews are as follows:
• By company type: Tier 1 – 35%, Tier 2 – 35% and Tier 3 – 30%
• Classified by position: C-level executives – 30%, director level – 25%, and others – 45%
• By region: North America – 40%, Asia Pacific – 25%, Europe – 25%, Rest of the world – 10%
The major companies in the optical coating market introduced in this report include DuPont (USA), PPG Industries Ohio, Inc. (USA), Nippon Sheet Glass Co., Ltd. (Japan), Zeiss International (Germany), Newport Corporation (USA)) , Inrad Optics (US), Inc., Artemis Optical Limited (UK), Abrisa Technologies (US), Reynard Corporation (US), II-VI Aerospace & Defense (US) are major players in the optical coating market.

area of ​​research
The optical coating market has been segmented according to technology, type, end-use industry and region. This report covers the optical coating market and predicts its market size by 2026.

It also provides detailed information on company profiles and competitive strategies adopted by major players to strengthen their position in the optical coating market. The report also provides insights into the driving and limiting factors, opportunities and challenges of the optical coating market.

The report also includes an overview of the top manufacturers in the optical coating market.

Reasons for buying the report

The report is expected to help market leaders/new entrants in the following ways:
1. The report segmented the optical coating market and provided the closest revenue figures for the entire market and its segmented markets in different verticals and regions.
2. This report is expected to help stakeholders understand the pulse of the optical coating market and provide information on the key market drivers, constraints, challenges and opportunities affecting market growth.
3. This report is expected to help stakeholders gain insight into the competitive landscape of the optical coating market and gain insights to improve their business position. The competitive landscape section includes detailed information about strategies, such as mergers and acquisitions, new product development, expansion, and cooperation.
Read the full report: https://www.reportlinker.com/p03629273/?utm_source=GNW

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