Optical Coating Equipment Market Analysis

Product Type (Filter Coatings, Reflective Coatings, Anti-Reflective Coatings)

The global optical coating equipment market is segmented and analyzed for demand and supply by product type into filter coatings, reflective coatings, anti-reflective coatings, and others. Out of these four types of segments, the anti-reflective coatings segment is estimated to gain the largest market share of about 50% in the year 2037. The growth of the segment can be attributed to the increasing demand and usage of anti-reflective coatings in the production of photovoltaic solar panels owing to the upsurge in solar PV installation throughout the world. For instance, till December 2022, Australia had over 3.38 million PV installations with an installed output of more than 29.7 gigawatts. In addition to this, its rising usage in optoelectronics applications and consumer electronics is also estimated to propel the growth of the segment as these coatings are efficient in eliminating reflection and glare from lenses. This coating in lenses also allows more amount of light to pass through the lens. As a result, these all factors are projected to drive the growth of the segment in the projected time frame.

Technology Type (Ion Beam Sputtering, Evaporation Deposition, Vacuum Deposition, Advanced Plasma Reactive Sputtering)

The global optical coating equipment market is also segmented and analyzed for demand and supply by technology type into ion beam sputtering, evaporation deposition, vacuum deposition, and advanced plasma reactive sputtering. Amongst these segments, the vacuum deposition segment is expected to garner a significant share of around 48% in the year 2037. Vacuum coating is performed usually in two methods, namely, physical vapor deposition (PVD) or chemical vapor deposition (CVD). Vacuum deposition technology is used widely in ophthalmic optics applications, architectural glass, and metallization of headlights in the automotive industry and others. Moreover, the surging use of vacuum deposition technology for coating semiconductor devices, magnetic films, and so on is another crucial factor that is projected to drive segmental growth in during the forecast period.

Our in-depth analysis of the global market includes the following segments: