Lucintel Forecasts Thin Film Coating Market to Reach $17.2 Billion by 2030
Lucintel Forecasts Thin Film Coating Market to Reach $17.2 Billion by 2030
Blog Article
According to the recent study the Thin Film Coating Market is projected to reach an estimated $17.2 billion by 2030 from $11.8 billion in 2023, at a CAGR of 5.5% from 2024 to 2030. Growth in this market is primarily driven by increasing demand for thin film coating in end use industries due to superior functional properties and performance benefits.
Browse 113 figures / charts and 86 tables in this 200 -page report to understand trends, opportunities and forecast in thin film coating market by end use industry (consumer electronics, tools & equipment, automotive, aerospace & defense, energy, medical, and others), coating type (AR & HR coating, transparent conductive coating, DLC coating, and others), coating technique (PVD, CVD, and others), coating material (metal, and ceramic), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that consumer electronics is expected to remain the largest end use industry. Aerospace & Defense is expected to witness the highest growth over the forecast period due to growing commercial aircraft production and strong defense spending in the North American region drove the demand for thin film coating.
AR & HR coating will remain the largest coating type over the forecast period. Lucintel predicts that the transparent conductive coating type is expected to witness the highest growth over the forecast period supported by increase in demand of transparent conductive coatings in various applications such as smart devices, tablets, laptops, photovoltaics, OLEDs, and others.
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APAC is expected to remain the largest region and and witness the highest growth over the forecast period due to rising demand for thin film coating in the consumer electronics, tools & equipment, automotive, aerospace & defense, energy industries.
Oerlikon, Materion, Ionbond, Hind High Vacuum Company Pvt. Ltd., Richter Precision Inc., Micro Point Pro Ltd., CemeCon, Reynard Corporation, Newport Thin Film Lab, Intlvac Thin Film are the major suppliers in the thin film coating providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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