Global optical coatings market to reach nearly $13.9 billion by 2018

Optics are essential in many commercial and consumer products, and optical coatings are a critical value-added technology. As flat screens and view screens are added to products such as smart phones, televisions, and vehicle cabins, the demand for coatings increases. Technological advances, intense consumer demand, and increasing use of energy efficient low emissivity windows and solar panels will drive significant growth in this market for the foreseeable future. The global market for optical coatings was valued at more than $8.3 billion in 2012 and $9.1 billion for 2013. The market to grow to nearly $13.9 billion by 2018, and register a five-year compound annual growth rate of 8.8% from 2013 to 2018. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications" web site. View the report: Optical Coatings: Technologies and Global Markets.