Germany Optical Coating Market Size & Outlook, 2021-2028
Germany optical coating market, 2016-2028 (US$M)
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Germany optical coating market highlights
- The Germany optical coating market generated a revenue of USD 580.1 million in 2021 and is expected to reach USD 1,004.4 million by 2028.
- The Germany market is expected to grow at a CAGR of 8.2% from 2022 to 2028.
- In terms of segment, anti-reflective coatings was the largest revenue generating product in 2021.
- Reflective Coatings is the most lucrative product segment registering the fastest growth during the forecast period.
Optical coating market data book summary
| Market revenue in 2021 | USD 580.1 million |
| Market revenue in 2028 | USD 1,004.4 million |
| Growth rate | 8.2% (CAGR from 2021 to 2028) |
| Largest segment | Anti-reflective coatings |
| Fastest growing segment | Reflective Coatings |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-Reflective Coatings, Reflective Coatings, Filter Coatings, Conductive Coatings, Electrochromic Coatings |
| Key market players worldwide | Cascades Inc, Inrad Optics Inc, Fujikura Ltd, PPG Industries Inc, Viavi Solutions Inc, Flat Glass Group Co Ltd Shs -H- Reg S, Berlinger & Co AG |
Other key industry trends
- In terms of revenue, Germany accounted for 3.4% of the global optical coating market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, UK optical coating market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,111.3 million by 2028.
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Optical Coating Market Scope
Optical Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 28.77% in 2021. Horizon Databook has segmented the Germany 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.
Sustained and steady recovery from economic slowdown coupled with growing construction activities particularly in residential projects owing to rising inflow of migrants from foreign countries is expected to propel the demand for optical coatings in construction activities.
In addition, rising demand for green energy buildings which are energy efficient and complies with building safety regulation is expected to propel the demand for optical coatings. Growing dependence on solar power generation coupled with emphasis to eliminate the need of energy generated through fossil fuels is expected to propel the market growth for optical coatings in the country.
Furthermore, government policy restricting export of arms to third countries in MEA is expected to slow down the arms and equipment manufacturing in Germany which in turn is expected to restrict growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany optical coating market , including forecasts for subscribers. This country databook contains high-level insights into Germany optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Germany optical coating market size, by product, 2016-2028 (US$M)
Germany Optical Coating Market Outlook Share, 2021 & 2028 (US$M)
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