Spain Optical Coating Market Size & Outlook, 2021-2028
Spain optical coating market, 2016-2028 (US$M)
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Spain optical coating market highlights
- The Spain optical coating market generated a revenue of USD 326.5 million in 2021 and is expected to reach USD 612.4 million by 2028.
- The Spain market is expected to grow at a CAGR of 9.4% 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 326.5 million |
| Market revenue in 2028 | USD 612.4 million |
| Growth rate | 9.4% (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, Spain accounted for 1.9% 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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Spain 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 29.28% in 2021. Horizon Databook has segmented the Spain 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.
Spain is the second largest car manufacturer in Europe after Germany and eleventh in the world. About 90.0% of vehicles manufactured in Spain are shipped to about 130 countries.
Spain is also one of the leading countries in Europe to produce Eco-Electro mobility vehicles. It is a major component designer and provider of network intelligence and infrastructure for Eco-Electro mobility vehicles.
Extensive development in the military and defense sector is expected to propel the market demand. In addition, the Internet of Things revolution and integration of security solutions with advanced video analysis systems are expected to drive the demand for the market over the forecast period.
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Our clientele includes a mix of optical coating market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain optical coating market , including forecasts for subscribers. This country databook contains high-level insights into Spain optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Spain optical coating market size, by product, 2016-2028 (US$M)
Spain Optical Coating Market Outlook Share, 2021 & 2028 (US$M)
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