Optics

Optical coatings market to reach $10.1 billion by 2016

March 20, 2012

Lexington, MA--A new report from BCC Research entitled Optical Coatings: Technologies and Global Markets says this market will reach $10.1 billion by 2016.

Gail Overton

A new report from BCC Research says the optical coatings worldwide market will reach $10.1 billion dollars by 2016

Lexington, MA--According to a new report from BCC Research entitled Optical Coatings: Technologies and Global Markets,the global market value of optical coatings reached $5.9 billion in 2010 and nearly $6.7 billion in 2011, and is expected to reach $10.1 billion by 2016 for a compound annual growth rate (CAGR) of 8.8%.

In addition, the consumer segment for optical coatings reached $3.0 billion in 2010 and will grow to $4.6 billion by 2016--a CAGR of 6.2%. And the commercial segment for optical coatings reached $2.9 billion in 2010 and is expected to grow to $5.5 billion by 2016 for a CAGR of 11.3%.

The new report also considers the potential new high margins coatings applicationsthat will emerge in the next five years, as well as comprehensive coatings company profiles.

The report covers coatings for the telecommunications, transportation, defense, photography, electronics, and medical markets, with information on product segments, various technology options, and current application markets as well as likely future opportunities, government regulations, with complete forecasts about the market over a five year period.

SOURCE: BCC Research; www.bccresearch.com/report/optical-coatings-technology-markets-smc030e.html

IMAGE: A new report from BCC Research says the optical coatings worldwide market will reach $10.1 billion dollars by 2016. (Courtesy BCC Research)

About the Author

Gail Overton | Senior Editor (2004-2020)

Gail has more than 30 years of engineering, marketing, product management, and editorial experience in the photonics and optical communications industry. Before joining the staff at Laser Focus World in 2004, she held many product management and product marketing roles in the fiber-optics industry, most notably at Hughes (El Segundo, CA), GTE Labs (Waltham, MA), Corning (Corning, NY), Photon Kinetics (Beaverton, OR), and Newport Corporation (Irvine, CA). During her marketing career, Gail published articles in WDM Solutions and Sensors magazine and traveled internationally to conduct product and sales training. Gail received her BS degree in physics, with an emphasis in optics, from San Diego State University in San Diego, CA in May 1986.