Portland, OR -- (SBWIRE) -- 02/28/2018 -- The global optical coating market is segmented based on type, technology, end-use industry, and geography. Based on type of optical coating, the market is divided into antireflection, high reflection, transparent conductive, filter, beamsplitter, electrochromic, and partial reflection coatings. Technology-based classification includes vacuum deposition, E-beam evaporation technology, sputtering technology, and ion-assisted deposition technologies. By end-use industry, the market is divided into electronics & semiconductor, military & defense, automotive, construction, solar, and medical. Antireflective (AR) coatings reduce the multiple surface reflectance and enhance the transmission of light through the optical substrate. By eliminating the stray light, these coatings enhance the contrast of the image. They are majorly used in corrective lenses, camera lens, and solar cells.

Early buyers will get 20% customization on this report research.

Optical coating exhibits various characteristics such as optically transparent chemical resistance, abrasion resistance, UV resistance, anti-static, anti-glare, and anti-fog properties. These coatings are utilized in glasses, lenses, solar panels, digital signage, TFT & LED screens, and other engineering components. The performance of an optical coating material depends on factors such as number of coating layers, thickness of individual layers, and difference in refractive index at the layer interface.

Get the sample PDF of optical coating industry insights at: https://tinyurl.com/y9nmfxzw

Vacuum deposition technology was the largest revenue generator in 2015, as this technology is a surface engineering treatment used to deposit layers of coating material atom by atom on the optical substrate. The technology puts coating materials into vapor state, where the process of obtaining vapors from liquid or solid source is called physical vapor deposition. On the other hand, the process wherein the vapors are obtained from the chemical reaction is called chemical vapor deposition. The process is environmentally friendly, as it is carried out under vacuum. The technique is applicable for coating magnetic films, semiconductors devices, mirrors, solar panels, and others.

Key findings of Optical Coating Market:

1. The electronics & semiconductor segment occupied the highest share in 2015, and is expected to grow at a CAGR of 6.6%, in terms of value, during the forecast period.

2. North America is the leading consumer of optical coating, accounting for approximately more than one-third share of the global market, followed by Asia-Pacific.

3. The filter type optical coating segment is expected to witness the highest CAGR of 8.4%.

4. Vacuum deposition technology segment accounted for more one-third of the global optical coating market in 2015.

5. U.S. is the leading market for optical coating in the North American region, growing at a CAGR 7.0%.

North America accounted for the largest market share in 2015, whereas Asia-Pacific is projected to grow at the highest CAGR. Rise in spending capability of consumers, high demand for superior technology in China, India, and Japan are expected to increase the demand for electronics & semiconductor market, which is expected to drive the optical coating market in Asia-Pacific.

Do purchase inquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/1912

The prominent players profiled in this report include E.I. Dupont De Nemours company, PPG Industries, Zeiss Group, Nippon Sheet Glass Co., Ltd., Abrisa Technologies, Newport Corporation, Inrad Optical, Inc., Reynad Corporation, Artemis Optical Ltd., and II-VI Optical Systems.