Continuous growth in the automotive industry has led to the increased demand for optical coating equipment.
WILMINGTON, DELAWARE , UNITED STATES, September 20, 2023/EINPresswire.com/ — The global โ๐๐ฉ๐ญ๐ข๐๐๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญโ is poised for robust growth, projected to expand from US$ 4.4 Billion in 2018 to US$ 6.4 Billion by 2027, with a substantial CAGR of 4% during the forecast period. Continuous headways in fabrication technology, fostering the development of sophisticated optical coatings, irrespective of the curvature surface, are projected to have a profound influence on the landscape.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=72733
Since the demand for anti-reflection coatings is witnessing an upsurge, market players tend to leverage the prowess of R&D activities to offer better coating solutions, and gain a competitive edge in the optical coating equipment landscape. However, cost-prohibitive maintenance of optical coating equipment in end-use applications could impede the otherwise average growth strides of the market during the forecast period.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The optical coating equipment market is a highly technology-intensive market, entailing market players to invest in thin-film coating technological skills. Fluctuations in the prices of raw materials used for the development of optical coating equipment, in turn, have an imminent impact on the cost of finished products. Moreover, merely setting up a business in the industry requires a high working capital, which creates an entry barrier for new players. This implies that the threat from new entrants is low, and market players need to consolidate for business success.
Since the entire production cycle relies on the availability of raw materials, market players can reap the benefits of consistent supply of raw materials by collaborating with suppliers. Furthermore, market players need to have an appetite for constant technological reforms, when it comes to the outcome of their products, as high-end medical, automotive, and military applications demand utmost precision.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐ฏ๐ข๐ญ๐๐ฅ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ ๐ฌ- https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=72733
๐๐จ๐๐ฎ๐ฌ๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ: ๐ ๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ
โข Countries in Asia Pacific, North America, and Europe have seen tremendous increase in the demand for vehicles and electronic products in recent years, which has led to huge growth in the demand for optical-coated products, leading to the expansion of the optical coating equipment market.
โข Optical-coated products offer features such as antireflective and filtering capabilities. They are also suitable for medical equipment, especially ophthalmic equipment and several electronic products.
โข Continuous growth in the automotive industry has led to the increased demand for optical coating equipment.
โข The medical equipment industry is a significant consumer of optical-coated products. Several equipment such as bio-medical devices need thin film sensors. The growing demand for these products will boost the demand for optical coating equipment.
๐๐ฉ๐ญ๐ข๐๐๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Key manufacturers in the optical coating equipment market such as Buhler Holding AG are strengthening their overseas sales structure by increasing their production capacities. Other key developments in the optical coating equipment market are as follows:
โข In June 2018, Buhler AG acquired Sputtering Components Inc. based in Owatonna, Minnesota, the U.S. Sputtering Components provides components and sub-assemblies for large-area vacuum coating systems in the U.S. Sputtering Components Inc. has 40 full-time employees.
โข In February 2015, Evatec AG completed the acquisition of the Advanced Technologies segment of OC Oerlikon Corporation AG. At the time of this acquisition, the Advanced Technologies segment had 200 employees who were absorbed by Evatec AG.
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๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐ฌ๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฉ๐ญ๐ข๐๐๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ
Cutting Edge Coatings GmbH, Dongguan Huicheng Vacuum Technology Co., Ltd., Dynavac, Evatec AG, Optorun Co., Ltd., OptoTechOptikmaschinen GmbH, Satisloh, scia Systems GmbH, Shincron Co. Ltd., Solayer GmbH, and VON ARDENNE GmbH
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ฉ๐ญ๐ข๐๐๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ-
By Technology
โข Plasma Sputtering
โข IBS (Ion Beam Sputtering)
โข ALD (Atomic Layer Deposition)
By Coating
โข Mirror Coatings
โข Optical Filters
๏ Band-pass Filters
o NIR Filters
o UV Filters
o VIS Filters
๏ Long-pass Filters
๏ Short-pass Filters
๏ Notch Filters
๏ Others
โข Anti-reflection Coatings
โข Beam Splitters
By Substrate
โข Glass
โข IR Materials
โข Plastics
โข Metals
โข Replicated Optics
By Application
โข Medical
โข Solar
โข Electronics
โข Telecommunications
โข Automotive
โข Others
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก-
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Nikhil Sawlani
Transparency Market Research Inc.
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Originally published at https://www.einpresswire.com/article/656662346/optical-coating-equipment-market-anticipated-to-hit-us-6-4-billion-by-2027-with-a-4-cagr-tmr