The global anti-glare glass market is expected to show significant growth over the forecast period, on account of rising demand for antireflection and anti-glare eyewear and lenses. The anti-glare glass is made by layering the glass surface with an anti-reflective coating which helps to eliminate back glare, increase transmittance, and lower reflectance. Increasing usage in electrical, electronic, optical, and solar applications is expected to promote market growth over the next eight years.
The anti-glare glass market is driven by the growing utilization of the product in electronic and optical applications. These lenses increase the efficiency and improve the picture quality of numerous devices such as monitors and television screens. The booming electronic and semiconductor industries along with the rising demand for flat panel displays and smartphones will fuel demand over the next eight years. Spectacles with anti-glare glass can enhance vision by optimizing contrast levels, reducing reflection, and improving nighttime experience, all in all offering a higher standard of comfort to users.
Growing demand for stylish and efficient eyewear among the population along with increasing vision correction needs is expected to propel the market over the forecast period. This type of glass aids in capturing clearer and more realistic pictures from optical lenses, which will augment the demand for this product in camera phones and digital cameras. In photovoltaic solar cells, glass is the first layer that sunlight has to pass through before it can reach the power-generating component, and reflected light off this glass can reduce the efficiency of the device. The use of anti-glare glass can reduce reflection to less than 1% and is an easy and cheap way to improve cell efficiency, thus driving market adoption. In addition, its self-cleaning property reduces operations and maintenance costs which will propel growth in the next few years. Further, advancements in sol-gel technology which make it easier to layer glass with anti-reflective coatings coupled with the increased focus on renewable energy are the factors expected to create opportunities for the major market players in the future. Opportunities for expansion will also be provided by applications in other products namely telescopes, kiosk displays, riflescopes, and binocular lenses.
Lack of consumer awareness about the advantages and usability of anti-glare glass in eyewear is expected to hamper the market growth. Moreover, the added cost of these components along with quality and durability issues are likely to challenge market expansion over the next eight years. These products are manufactured using coatings made from compounds having optical properties such as zinc selenide and magnesium fluoride, and the escalating raw material prices of these chemicals are anticipated to challenge industry growth.
The anti-glare glass market is segmented by end-use into the electronics, eyewear, telecommunication, automotive, and solar sectors. Eyewear is expected to account for the largest industry share over the forecast period on account of a surge in demand for anti-glare spectacles and lenses coupled with the increasing willingness of users to spend on such components. The electronics segment is anticipated to contribute significantly to productivity growth as a result of increasing usage in flat panel and smartphone displays as well as semiconductor production. Solar energy is expected to be the fastest-growing segment over the next eight years as a result of the growing use of these products in solar panels to increase efficiency and the increasing adoption of solar cells for power generation purposes.
A new type of glass manufactured using the technology from moth eyes that eliminate reflection is finding increasing application in photonic devices, which will drive demand in this segment in the future.
North America is expected to account for the largest anti-glare glass market over the next eight years on account of increasing demand for eyewear, lenses, flat panel displays, and smartphones in the region, which will positively influence product demand. Asia Pacific will show the fastest growth as a result of increasing consumer awareness regarding anti-glare spectacles and lenses as well as increasing disposable incomes and a growing demand for electronic products in the region. Growth will also be augmented by increasing solar panels used to fulfill the electricity and energy requirements of countries including China, Malaysia, and India.
Major players operating in the anti-glare glass industry include Janos Technology LLC, Honeywell International Inc., Essilor International S.A., Optical Coatings Japan, iCoat Company LLC, Carl Zeiss AG, PPG Industries Inc., Hoya Corporation, Royal DSM, Rodenstock GmbH, and JDS Uniphase Corporation. Various participants provide fingerprint-resistant, scratch-resistant, dust repellent, and anti-static features in their products to help achieve a competitive advantage over others. There is also a significant investment in research and development in this industry to develop continuously better coating technologies.