Research Nester published a report titled “Optical Coating Equipment Market – Global Demand Analysis and Opportunity Outlook 2029” which delivers detailed overview of the optical coating equipments market in terms of market segmentation by product type, technology type, substrate type, end user industries and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global optical coating equipment market is segmented by product type into filter coatings, reflective coatings, anti-reflective coatings and others. Among these segments, the anti-reflective coatings segment is estimated to account for the major share in the market in the year 2021. The growth of the segment can be attributed to the growing utilization of anti-reflective coatings in optoelectronic applications and consumer electronic goods, backed by the numerous favorable properties offered by the coating in these products.
The global optical coating equipment market is anticipated to record a significant CAGR over the forecast period, i.e., 2021-2029 owing to increasing demand for end-use products, such as electronic gadgets including smartphones, tablets and others, along with other products, such as corrective lenses, camera lenses and others. Additionally, increasing advancements in fabrication technology owing to the numerous capabilities of optical coatings are some of the factors anticipated to promote the market growth during the forecast period.
Based on the regional analysis, the global optical coating equipment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa, out of which, the Asia Pacific optical coating equipment market is anticipated to hold the largest market share by the end of 2029. The growth of the market in the region can be attributed to the growing aerospace and military industries, where there is an increasing demand for optically coated goods.
The rising application of optical coatings in several goods across the end-user industries, including semiconductors, aerospace and others, backed by the numerous favorable properties of optical coatings on these goods, is anticipated to drive the market growth in the coming years. Additionally, the introduction of cost-efficient coating solutions on the back of research
& development activities, is also resulting in the huge utilization of optical coatings across the end-user industries. Such factors are anticipated to drive the market growth during the forecast period.
However, concerns for the high cost of optical coating equipment is expected to operate as a key restraint factor to the growth of the global optical coating equipment market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global optical coating equipment market which includes company profiling of Coburn Technologies, Inc., ZEISS International (ETR: AFX), Mustang Vacuum Systems, Buhler Holding AG, Satisloh AG, SHINCRON CO., Ltd., Optorun Co., Ltd. (TYO: 6235), Evatec AG, SOLAYER GmbH and Newport Corporation. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
On the whole, the report depicts detailed overview of the global optical coating equipment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.