Optical Coating Equipment Market Size

  • Report ID: 2864
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Optical Coating Equipment Market Size

Optical Coating Equipment Market size was over USD 4.05 billion in 2024 and is poised to exceed USD 6.25 billion by 2037, growing at over 3.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of GCC outbound travel & tourism is estimated at USD 4.16 billion. The growth of the market can be attributed to the expanding advancements in optical fabrication technology and the rising installation of such equipment, backed by enhancements in optical coating capabilities for providing high-quality coatings. For instance, Precision Glass and Optics officially confirmed the installation of a new optical monitoring system, the SL-2012A SpectraLock from Eddy Company, in March 2019. The cutting-edge technique utilizes in-situ optical monitoring and rate control to generate single and multi-layered thin films with an extreme level of accuracy and precision. Moreover, the surging use of optical coatings in numerous applications comprising automotive, agriculture, telecommunication, and so on is another significant factor that is projected to propel the growth of the global optical coating equipment market in the forecast period.

In addition to these, factors that are believed to fuel the market growth of optical coating equipment include their outstanding properties to enhance the visual appeal of glass. For instance, the application of optical coatings in architectural glass enhances the dichroic properties which help to improve the visual appeal of the glass when applied in buildings. Additionally, the surging use of optical coating equipment in fiber optics, along with the rise in the adoption of optically coated materials across various end-user industry verticals are some of the further factors anticipated to drive the growth of the market during the forecast period.


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Author Credits:  Rajrani Baghel


  • Report ID: 2864
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of GCC outbound travel & tourism is estimated at USD 4.16 billion.

The optical coating equipment market size was over USD 4.05 billion in 2024 and is poised to exceed USD 6.25 billion by 2037, growing at over 3.4% CAGR during the forecast period i.e., between 2025-2037. Worldwide surge in the production of smart phones, global upsurge in the adoption of smart TVs, and worldwide surging adoption of household and smart kitchen appliances will boost the market growth.

Asia Pacific industry is set to dominate majority revenue share of 42% by 2037, propelled by increasing demand for consumer electronic devices such as smartphones, smart TVs, tablets, gaming consoles, and digital radios, along with massive growth in the automotive industry.

The major players in the market are Coburn Technologies, Inc., Mustang Vacuum Systems, SOLAYER GmbH, Bühler AG, SHINCRON CO., LTD., Optorun Co., Ltd., Evatec AG, Optimax Systems, Inc., Cascade Optical Corporation, PPG Industries, Inc.
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