Global Optical Coating Market Size & Outlook, 2021-2028
Global optical coating market, 2016-2028 (US$M)
Related Markets
Global optical coating market highlights
- The global optical coating market generated a revenue of USD 17,018.5 million in 2021 and is expected to reach USD 31,426.1 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 9.2% by 2028.
- In terms of segment, anti-reflective coatings accounted for a revenue of USD 5,007.6 million in 2021.
- Reflective Coatings is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 17,018.5 million |
| Market revenue in 2028 | USD 31,426.1 million |
| Growth rate | 9.2% (CAGR from 2021 to 2028) |
| Largest segment | Anti-reflective coatings |
| Fastest growing segment | Reflective Coatings |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-Reflective Coatings, Reflective Coatings, Filter Coatings, Conductive Coatings, Electrochromic Coatings |
Other key industry trends
- In terms of revenue, the North America accounted for 37.6% of the global optical coating market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 48.8 million by 2028.
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Optical Coating Market Scope
Optical Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global optical coating market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to optical coating market will help companies and investors design strategic landscapes.
Anti-reflective coatings was the largest segment with a revenue share of 29.42% in 2021. Horizon Databook has segmented the Global optical coating market based on anti-reflective coatings, reflective coatings, filter coatings, conductive coatings, electrochromic coatings covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Optical Coating Product Outlook (Revenue, USD Million, 2016-2028)
- Anti-Reflective Coatings
- Reflective Coatings
- Filter Coatings
- Conductive Coatings
- Electrochromic Coatings
- Others
- Global Optical Coating Application Outlook (Revenue, USD Million, 2016-2028)
- Consumer Electronics
- Solar
- Medical
- Architecture
- Aerospace & Defense
- Automotive
- Telecommunication
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global optical coating market , including forecasts for subscribers. This global databook contains high-level insights into Global optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global optical coating market size, by regions, 2016-2028 (US$M)
Top 10 countries: Optical coating market size, 2021 (US$M)
Global optical coating market share, by product, 2021 & 2028 (%, US$M)
Optical coating market: Opportunity assessment by country
Global optical coating market, by region, 2021 (US$M)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 4,604.9 | 4,972.8 | 5,372.4 | 5,807.0 | 5,865.4 | 6,395.8 | 6,910.7 | 7,473.8 | 8,093.2 | 8,766.1 | 9,500.7 | 10,301.5 | 11,175.0 | 8.3% |
| Europe | 2,137.9 | 2,328.4 | 2,537.1 | 2,765.8 | 2,675.9 | 3,098.5 | 3,376.6 | 3,683.0 | 4,022.4 | 4,394.0 | 4,803.7 | 5,254.0 | 5,749.2 | 9.2% |
| Asia Pacific | 4,230.1 | 4,646.3 | 5,105.7 | 5,613.3 | 5,923.2 | 6,396.1 | 7,029.4 | 7,732.5 | 8,516.8 | 9,383.0 | 10,343.1 | 11,406.5 | 12,585.2 | 10.2% |
| Latin America | 496.5 | 538.0 | 583.3 | 632.7 | 638.0 | 701.9 | 761.0 | 826.0 | 897.6 | 975.6 | 1,061.2 | 1,154.9 | 1,257.4 | 8.7% |
| MEA | 313.1 | 338.3 | 364.9 | 392.8 | 383.0 | 426.3 | 455.5 | 485.8 | 517.3 | 548.8 | 585.1 | 622.0 | 659.4 | 6.4% |
| Overall | 11,782.5 | 12,823.8 | 13,963.4 | 15,211.6 | 15,485.4 | 17,018.5 | 18,533.1 | 20,201.1 | 22,047.2 | 24,067.4 | 26,293.7 | 28,739.0 | 31,426.1 | 9.2% |
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