Transparency Market
Research
Optical Coatings Market : Global Industry Analysis,
Size, Share, Growth, Trends And Forecast, 2013 - 2019
Published Date
17-March-2014
88 Page Report
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Rising Demand for Electronics in Emerging Economies to
Boost Sales from Global Optical Coatings Market, Says TMR
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Optical Coatings Market
REPORT DESCRIPTION
Optical Coatings Market : Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 2019
The global optical coatings market exhibits a fragmented vendor landscape, which is also the reason behind its
high price-sensitivity. The market is expected to be more technology-driven in the forthcoming years, thus
connoting potential increase in competition. According to Transparency Market Research (TMR), companies
such as PPG Industries, 3M Precision Optics, Newport Corporation, and Optical Coatings Japan held not more
than 25% of the global optical coatings market in 2012. To gain competitive advantage, these companies have
been focusing mergers and acquisitions.
As per TMR, the global optical coatings market stood at US$6.4 bn in 2012. Rising at a CAGR of 7.2%, the
market is expected to reach US$10.39 bn by the end of 2019. Regionally, North America dominated the global
market with a share of 36.9% in 2012. By application, infrastructure led the market in 2012, with a share of
42.7%.
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Demand for Optical Coatings to Significantly Rise as Sales of Smartphone Increase
“The escalating demand for smartphones will bolster sales opportunities for the optical coatings market,” says
a lead TMR analyst. Traditionally, optical coatings were used in mobile phones as...