Global Optical Coating Market Analysed & Forecast by M&M in Its New Report Recently Uploaded at MarketPublishers.com
29 Feb 2016 • by Natalie Aster
LONDON – Driven by the modern technologies, rising innovations and continuous industry advancements, the worldwide market for optical coatings is projected to grow significantly, posting a 7.1% CAGR during 2016-2020, and to amount to USD 10.17 billion by 2020.
Solar industry is expected to be the fastest growing application of optical coatings in the offing. The demand for optical coatings in the solar application is spurred by increasing investments in solar industries, favourable government initiatives for renewable energy usage along with reduction in excise and custom duties for solar panel parts.
Presently, APAC ranks the most rapidly growing regional market for optical coatings in terms of value. Growth in this regional market is propelled by cheap labor, high economic development, increasing optical coatings patents, global shift in production capacity from the developed markets to emerging ones and also expanding manufacturing industries. China leads the APAC optical coatings market. The consumption of optical coatings in China is likely to continue growing in the years to come.
New research report “Optical Coating Market” elaborated by MarketsandMarkets (M&M) is a valuable source of reliable information on the global optical coatings marketplace. It sheds light on the current situation in the market at various geographical scales, explores the market dynamics, includes an overview of the key market drivers, restraints, opportunities and future possible prospects trough 2020. The report gives a detailed assessment of the world optical coating market in terms of product type, technologies, end-user markets, regions, etc. Moreover, the study offers profiles of top participants, examines the competitive landscape and reviews new strategies and product launches.
Global vendors mentioned in this cutting-edge report comprise DuPont, ZEISS Group, PPG Industries, Inrad Optics, Reynard Corporation, Nippon Sheet Glass., Newport Corporation, II-VI Optical Systems, Artemis Optical, Abrisa Technologies.
Optical Coating Market by Technology, (IAD, E-Beam Evaporation, Sputtering Process and Vacuum Deposition), by Type, End-Use Industry & by Region - Trends and Forecasts to 2020
Published: February, 2016
Price: US$ 4,650.00
More new research studies introduced by MarketsandMarkets can be found at its page.