Optical Coatings Market To Bolster The Industry Growth To Reach $ 3.79 Billion By 2025 : Grand View Research Inc.
San Francisco, 24 October 2019: The Report Optical Coatings Market Size, Share & Trends Analysis Report By Product (Anti-reflective, Reflective, Conductive), By Application (Consumer Electronics, Architecture, Solar), And Segment Forecasts, 2019 – 2025 The global optical coatings market size is expected to reach USD 25.64 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 9.0% during the forecast period. Growing solar industry and investments in aerospace and defense industry are the key market drivers. Wide usage in scientific and medical devices for screen displays is anticipated to augment the demand over the forecast period. Medical equipment industry was valued at nearly USD 6.7 billion in 2016 and is expected to reach around USD 8.6 billion by 2020. Therefore, rising demand from solar, electronics, and medical sector is expected to drive the optical coatings market over the forecast period. Rapid growth