Global Anti-reflective Glass Coatings Market Size will Reach $2138.09 Million in 2023

According to Global Market Monitor, the global anti-reflection coating market size will reach $2138.09 million in 2023 with a CAGR of 6.32% from 2023 to 2028.

An anti-reflection coating is a type of optical coating applied to the surface of lenses and other optical elements to reduce reflection. The primary benefit is the elimination of the reflection itself, such as reducing the glint from a covert viewer's binoculars or telescopic sight.

Market Drivers

Anti-reflective glass coatings are mainly used in industries such as glasses and electronic products, and the glass industry dominated the market with a market share of 49.2% in 2022. According to the World Health Organization, about 2.2 billion people worldwide suffer from near-vision or far-vision impairment, and the global cost of lost productivity associated with visual impairment is estimated at $400 billion, increasing demand for corresponding glasses and driving the development of the anti-reflective glass coating industry.

At the same time, these coatings can be used for binoculars, kiosk displays, telescopes, rifle mirrors, and video glasses. During the forecast period, the growth of solar and telecommunications industry demand may provide better opportunities for the anti-reflective coatings market. The growing demand for window covers, GPS displays, and dashboards of cars is also considered to be one of the main drivers.

Market Dynamics

Zygo Corporation, a company engaged in manufacturing optical metrology and optical components, announced the opening of a new office in Italy, building upon its extensive network of offices and partnerships throughout Europe to expand its business, including anti-reflective coatings. Viavi Solutions announced establishing a new manufacturing facility in Chandler, Arizona, to meet the growing demand for optical security and performance products (OSP) across the United States.

Shortening delivery time, on-time delivery, high quality, and reasonable price are some of the major consumer requirements in the anti-reflective coating market. Good contact with suppliers and the use of advanced technology are the main factors that make anti-reflective coating products unique.Essilor International is one of the major players operating in the Anti-reflective Glass Coatings market, holding a share of 12.92% in 2022.

Company Name	Carl Zeiss
Website	www.zeiss.com
Established Time	1846
Plants Distribution	Mainly in Europe
Sales Region	Worldwide
Business Overview	ZEISS is active in four business segments with approximately equal revenue, Industrial Quality and Research, Medical Technology, Consumer Markets, and Semiconductor Manufacturing Technology in almost 50 countries, has 30 production sites, and around 25 development sites worldwide.