UAE Optical Coating Market Size & Outlook, 2021-2028
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UAE optical coating market highlights
- The UAE optical coating market generated a revenue of USD 62.3 million in 2021 and is expected to reach USD 98.3 million by 2028.
- The UAE market is expected to grow at a CAGR of 6.7% 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 62.3 million |
| Market revenue in 2028 | USD 98.3 million |
| Growth rate | 6.7% (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, UAE accounted for 0.4% 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 Middle East & Africa, Saudi Arabia optical coating market is projected to lead the regional market in terms of revenue in 2028.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 103.6 million by 2028.
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Optical Coating Market Scope
Optical Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cascades Inc | View profile | 10000 | 404, Rue Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, Canada, J0A 1B0 | https://www.cascades.com |
| Berlinger & Co AG | View profile | 51-100 | Ganterschwil, Ausser-Rhoden, Switzerland, Europe | https://www.berlinger.com/ |
| Flat Glass Group Co Ltd Shs -H- Reg S | View profile | 8240 | 1999 Yunhe Road, Xiuzhou District, Zhejiang Province, Jiaxing, China, People's Republic of | https://www.flatgroup.com.cn |
| Viavi Solutions Inc | View profile | 3600 | 1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, United States, 85286 | https://www.viavisolutions.com |
| Inrad Optics Inc | View profile | 61 | 181 Legrand Avenue, Northvale, NJ, United States, 07647 | https://www.inradoptics.com |
| Fujikura Ltd | View profile | 62538 | 5-1 Kiba 1-chome, Koto-ku, Tokyo, Japan, 135-8512 | http://www.fujikura.co.jp |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
UAE 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 27.77% in 2021. Horizon Databook has segmented the UAE 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.
The government has implemented a law, wherein developers have to offer 15-20% off on the projects in the affordable housing category. There are number of projects including Capital District- Abu Dhabi, which is valued at USD 40,000 million and is expected to be completed by 2030 and Mohammed bin Rashid City valued at USD 55,000 million and is expected to be completed by 2023. This is expected to drive the optical coatings market.
The new Dubai office projects are focusing on the undersupplied high-end/prime location market. The office construction projects include Renaissance City valued at USD 25,000 million and is expected to be completed by 2020 and Masdar City valued at USD 22,000 million is expected to be completed by 2026. Increased development of offices is expected to drive the optical coatings market.
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Target buyers of UAE optical coating market databook
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Our clientele includes a mix of optical coating market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE optical coating market , including forecasts for subscribers. This country databook contains high-level insights into UAE optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UAE optical coating market size, by product, 2016-2028 (US$M)
UAE Optical Coating Market Outlook Share, 2021 & 2028 (US$M)
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