U.S. Optical Coating Market Size & Outlook, 2021-2028
U.S. optical coating market, 2016-2028 (US$M)
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U.S. optical coating market highlights
- The U.S. optical coating market generated a revenue of USD 5,451.0 million in 2021 and is expected to reach USD 9,646.1 million by 2028.
- The U.S. market is expected to grow at a CAGR of 8.5% 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 5,451.0 million |
| Market revenue in 2028 | USD 9,646.1 million |
| Growth rate | 8.5% (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, U.S. accounted for 32.0% 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 North America, U.S. optical coating market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 9,646.1 million by 2028.
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Optical Coating Market Scope
Optical Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 31.01% in 2021. Horizon Databook has segmented the U.S. 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.
Growth in solar industry owing to need of clean energy generation and strict regulatory measures regarding pollution & emission control is expected to drive optical coatings market demand. Growth in military & defense budget owing to rising security threats and technological upgradation is expected to drive the demand for optical coatings in defense industry for manufacturing laser guns, tank windows, rage finding equipment and target setting equipment.
Growing use of reflective coatings in green buildings for heat retention and reducing energy consumption is expected to propel market demand over the forecast period. In addition, growing demand for handheld consoles coupled with rising demand for portable consumer electronics product in the nation is expected to propel the market demand over the forecast period.
Growing demand for 3D movies and entertainment in the nation coupled with growing advancement in lighting applications is expected to propel the market demand for optical coatings in others segment over the next seven years
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. optical coating market , including forecasts for subscribers. This country databook contains high-level insights into U.S. optical coating market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. optical coating market size, by product, 2016-2028 (US$M)
U.S. Optical Coating Market Outlook Share, 2021 & 2028 (US$M)
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