Optical coating is a mixture of
thin layers of films that produce interference effects to improve transmission
& reflection properties of an optical system. These coatings are
manufactured with oxides, metals, and rare earth materials. The performance of
optical coating depends on the number of layers, thickness of different layers,
coating material, and the difference in refractive index at the layer
interface.
According to study, “Global Optical Coating Market Research Report: By
Type, By Sputter Deposition, By Coating Material, By End-use Industry, By
Region : Forecast to 2023” the key companies operating in
the global optical coating market are Edmund Optics Inc., Angstrom Engineering
Inc., Thorlabs Inc, Optiforms Inc., Carl Zeiss Jena GmbH, AbrisaTechnologies,
Inrad Optics, Reynard Corporation, MKS Instruments, PPG Industries, Inc,
AMETEK, Optics Balzers AG, II-VI Incorporation, Berliner Glas, DowDuPont, Inc.,
Optical Coatings Japan, 3M, AccuCoat Inc., Abrisa Technologies, Artemis Optical
Ltd., Align Optics, Berliner Glas Group, CILAS, Buhler AG, Denton Vacuum,
Berliner Glas Group, Denton Vacuum, Buhler AG, CILAS, FLIR Systems, Inc.,
Edmund Optics Inc., Inrad Optics, FOSTA-TEK Optics Inc., Laser Components,
Janos Tech, NANEO Precision IBS Coatings GmbH, Laseroptik GmbH, Nippon Sheet
Glass & Co., Ltd., Newport Corporation, Northumbria Optical Coatings Ltd.,
Ophir Optronics Solutions Ltd., Optics Balzers AG, Qioptiq (Excelitas
Technologies Corp.), PPG Industries, Inc., Sigmakoki Co., Ltd., VIAVI Solutions
Inc., SCHOTT AG, ZEISS International.
Based on type, global optical
coating market is segmented into beam-splitter coatings, filter coatings,
anti-reflective coatings, electrochromic coatings, transparent conductive
coatings, high reflective coatings and partial reflective coatings etc. Filter
coatings include bandpass, short-pass & long-pass, notch filters and
others. Based on coating method, market is segmented into sputter deposition
and vacuum deposition or evaporative deposition. Sputter deposition include Ion
Beam Sputtering (IBS), reactive sputtering, Ion Assisted Deposition (IAS),
plasma sputtering, magnetron sputtering and gas flow sputtering. Vacuum
deposition includes electron beam deposition and thermal evaporation. Based on
coating material, market is segmented into dielectric materials and metallic
materials. In addition, based on end-use industry, market is segmented into
automotive, electronics & telecommunication, healthcare, solar, aerospace
& defense and others.
The optical coating market is
driven by increase in awareness regarding energy efficient buildings, followed
by rise in demand for electronics & semiconductors in emerging economies,
higher investment by defense industries for innovative equipment or
technologies, increase in demand for improved technologies and anti-reflection
coating improves visual acuity. However, fluctuations in the prices of raw
materials and increase in the cost of production owing to expensive application
techniques may impact the market. In addition, rise in laser technologies in
medical or military & defense and increase in application of optical
coating in solar cells are key opportunities for market.
Based on geography, the
Asian-Pacific region holds major share, followed by North-American region in
optical coating market owing to high solar photovoltaic (PV) capacity and large
consumer base in the region European region is expected to witness higher
growth rate due to well-established solar energy & defense markets over the
forecast period. It is anticipated that market will be reached at US $11,788.3
million, by 2023
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