Report Highlights
- Overall sales in the optical coatings market were worth nearly $5 billion in 2008, which decreased to $4.6 billion in 2010. By 2015, sales are projected to increase to nearly $5.7 billion, for a 5-year CAGR of 4.3%.
- The largest segment in the market, electronics, was valued at $2.8 billion in 2008. This decreased to $2.5 billion in 2010, but projected to reach $2.8 billion again in 2015, for a 5-year CAGR of 2.1%.
- Sales in the optical coatings of defense/security segment were worth $683 million in 2008, and were to increase to nearly $724 million in 2010. By 2015, they are projected to increase to $839 million, for a 5-year CAGR of 3%.
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The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or its use.
Report Highlights
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Standard coatings have become commodities over the last half decade, but opportunities still exist for specialized designs to increase the utility of an application. In 2005, total revenues from optical coatings were $4.3 billion. Our model projects that by 2012 revenues will have grown at an average annual rate of 3.9% to reach $5.6 billion by 2012.
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In 2005, revenues from optical coatings in electronics were $3,011 million. Revenues are projected to increase at an AAGR of 3% between 2007 and 2012, from $3,229 million to $3,748 million.
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In 2005, revenues from optical coatings in medical applications were $157.5 million. Revenues are projected to increase at an AAGR of 12% through 2012, from $208.4 million in 2007 to $386 million.
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The amount of Optical technology in vehicles is growing and will lead to revenues increasing at an AAGR of 7% from 2007 through 2012, from $347 million to $480 million.
Report Highlights
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The overall optical coatings market will have revenues of $6.1 billion in 2002, increasing to $7.3 billion in 2007, at an average annual growth rate (AAGR) of 3.8%.
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Telecommunications represent the fastest growing segment of the coatings market, and is an area with many new entrants.
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The low yield rate of thin film filters has kept prices for the devices high, while prices for other coatings have fallen. Price pressures will bring down prices and margins in this segment as well.
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The best margins are realized on electrochromic coatings that are used on automatic dimming mirrors now available on high-end luxury cars.
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