TechNavio today published its report Global Optical Coatings Market 2011“2014. The report aids decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Hardware team said, The Global Optical Coatings market is undergoing a transformation because the demand for the most common household lighting product, i.e., the incandescent bulb, is in decline. This is because of the technological advancements and new efficiency standards emanating from the market. Since optical coatings technology offers a range of lighting options in place of incandescent lighting, there is rising demand for high-end products. The replacement of incandescent bulbs with other lighting options is one of the major drivers of the Global Optical Coatings market.
According to the report, vendors will continue to invest in more-efficient manufacturing processes. By focusing on manufacturing innovation, vendors are able to price their product lower than the industry standards. Moreover, continued investment and innovation helps to ensure that vendors maintain a competitive advantage and offer a superior service to customers.
The report also discusses key challenges in this market including the stringent environmental regulations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-optical-coatings-market-2011-2014
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TechNavio Announces the Publication of its Report: Global Optical Coatings Market 2011“2014
