When dielectric material or depositing metallic material are deposited on an optical surface such as lenses to enhance the transmission, reflection or other optical properties then Optical Coating is formed. The coating deposits thin layers of optical material in a way that it improves the optical properties of a system. The performance of an optical material is dependent on the type of material used, the numbers of layers used on the optics, the width of material and the refractive index of the material used.
The analysis of MRFR shows that the global optical market will keep on projecting and will reach 11788.3 million US$ by the year 2023. The CAGR during this period is expected to be 7.07%. the increased demand for optical coating in the electronics will help in the growth of the global market. The advancement of technology, as well as increased use of optical coating in the automobile industry, will help in the growth of the global market. The anti-reflective coating has the highest market share of 28.45% in 2017. The market of the anti-reflective coating is expected to reach 3428.5 million US$ by the year 2023. The global demand optical material has grown due to its use in electronics, automobiles, defense, aerospace industry, solar energy, health care, and other fields.
The major companies working in the optical coating industry includes: Berliner Glas Group (Germany), Thorlabs Inc., (US), Angstrom Engineering (Canada), Edmund Optics Inc. (US), Optiforms, Inc. (US), AbrisaTechnologies (US), Carl Zeiss Jena GmbH (Germany), Inrad Optics (US), MKS Instruments (US), Optics Balzers AG (Liechtenstein), PPG Industries, Inc. (US), AMETEK.Inc. (US), II-VI Incorporated (US) DowDuPont, Inc. (US), Optical Coatings Japan (Japan), and Reynard Corporation (US).
The regions included in this report are North America (Canada, US), Europe (France, Germany, Italy, Russia, Spain, the UK and Rest of Europe). The intended audience of the report are the suppliers of raw material, different institutes, the industries using it, governments around the world, the manufacturers of the optical coating, suppliers, distributors of material, and people looking to invest in the business. The material is divided into six types of coating which include: thin optics, metal coating, mirror coating, hydrophobic coating, anti-reflective coating, and polyurethane coating. The report is providing the detail of all optical industry and their relation to various aspects.