[224+ Pages Report] According to Facts and Factors, the global eyeglass lens coating machine market size was valued at USD 13.5 billion in 2021 and is predicted to increase at a CAGR of 8.0% to USD 24.6 billion by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.
Eyeglass Lens Coating is a thin coating that eliminates reflections and glare from the front and back surfaces of your lenses. This type of coating also decreases halos around light and creates a nicer cosmetic appearance, making your lenses nearly invisible. Because of the growing need for touchscreen panels, thin-film solar cells, and light-emitting items, the market for Eyeglass Lens Coating is developing. Larger touch screens on flexible devices are becoming more popular. It's worth noting that indium tin oxide is commonly used in transparent conductive coatings (ITO). A reliable alternative is being developed due to its high cost, brittleness, high temperature required to deposit films, and yellow color when deposited at particular thicknesses.
Optical coatings in automobile glazing have a long history of boosting the vehicle's value and versatility. The reflection of the interior from the windscreen back to the observer is known as veiling glare, and it diminishes a driver's visual insight. Furthermore, the growing popularity of high-installation-angle windscreen constructions exacerbates the glare veiling problem. The windscreen can be coated with optical antireflection (AR) coatings to minimize reflectivity and remove glare.
The global COVID-19 pandemic has been unprecedented and devastating, with demand in all regions falling short of expectations compared to pre-pandemic levels. Increased use of the thin-film optical coating in semiconductor technologies, scientific equipment, solar energy, and military equipment has propelled the industry. In addition, various industry businesses are conducting research and development to improve their coating techniques and materials in order to make high-performance optical coats. As the population expands, so does the demand for eyeglasses such as spectacles and sunglasses. Both sectors make use of these coatings. The market is expected to rise as a result of recent technological breakthroughs in optical deposition techniques and manufacturing, as well as rising demand for powerful optical products in end-use applications.
The complete research study looks at both the qualitative and quantitative aspects of the eyeglass lens coating machine market. Both the demand and supply sides of the market have been investigated. The demand side study examines market income in various regions before comparing it to all of the major countries. The supply side research examines the industry's top rivals, as well as their regional and global presence and strategies. Each major country in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America is thoroughly investigated.
The global eyeglass lens coating machine market is segregated based on type and application.
By Application, the global market is segregated into Consumer Electronic, Automotive, Eyeglass, and Others. During the projected period, the consumer electronics category is expected to account for the majority of the market. Demand for the market is projected to be driven by consumer electronics. Smartphone saturation is increasing, and consumer electronics demand is fueling demand for touchscreens, optical add-on packages, displays, and product innovations.
In the automotive sector, coatings are utilized on mirrors, panels, and dashboards. Both automobile manufacturers make the most money in the industry, and they are still seeking ways to reduce prices as much as possible. The most profitable type of paint is electrochromic coatings, which are utilized in high-end and luxury automotive anti-glare rearview mirrors.
Report Attribute |
Details |
Market Size in 2021 |
USD 13.5 Billion |
Projected Market Size in 2028 |
USD 24.6 Billion |
CAGR Growth Rate |
8.0% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Buhler, Ulvac, Rankuum Machinery, Satisloh, Longpian, Shincron Co.,Ltd., Jiangsu Powerful Vaccum, Hanil Vacuum, ChengDu GuoTai, OptoTech, Showa, Korea Vac-Tec, Univac, Protech, Ningbo, Junying, and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The Asia Pacific market dominated the global market in 2021. The regional market is likely to be fueled by a rising population and increased demand for consumer electronics such as laptops, cell phones, cameras, video game consoles, personal computers, and LED TVs. Consumer electronics have been increasingly popular in the region as a result of a variety of factors, including improved economic conditions and rising middle-income countries' high discretionary spending. China, India, and South Korea have emerged as key income generators for Asia Pacific's consumer electronics industry.
The high consumer electronics growth in the region is projected to fuel the industry in the region. The demand for non-toxic and ecologically friendly coatings has increased the usage of coatings materials in semiconductor and circuit assembly, laser systems, sensor applications, and aerospace applications, propelling the North American market to new heights. Due to growing investment in the military and defense industries for applications such as vision cameras, beam attenuators, and range finding, the market is likely to rise.
The Global Eyeglass Lens Coating Machine Market is segmented as follows:
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