Photonics is one of the fastest growing high-tech industries in the world today. It includes optical communications (e.g., fiber optics, lasers, and infrared links), optical imaging (e.g., spy and weather satellites, night vision, holography, flat screen display, and CCD video cameras), optical data storage and optical computing (e.g., CD's and DVD's), optical detectors (e.g., supermarket scanners, medical optics, and nondestructive evaluation of materials), lasers (e.g., welding lasers, laser surgery, laser shows, and laser rangefinders), spectroscopy (e.g., chemical and biological detection, anti-terror detection) and quantum optics (e.g., quantum teleportation, quantum cryptography, and single-photon optics).
According to this study, over the next five years the Photonics market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 735100 million by 2024, from US$ 546700 million in 2019. In particular, this report presents the global revenue market share of key companies in Photonics business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Photonics market by product type, application, key companies and key regions.
This study considers the Photonics value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Lasers
Waveguides
Optical Interconnects
Filters
Photo Detectors
Amplifiers
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Consumer Electronics
Displays
Safety & Defense Technology
Communication
Metrology
Sensing
Medical & Healthcare
High-performance Computing
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Coherent, Inc
IPG Photonics
Finisar Corporation
Hamamatsu Photonics
Lumentum
II-VI Incorporated
Infinera Corporation
NeoPhotonics
Luxtera, Inc
3SP Technologies
Innolume GmbH
Genia Photonics, Inc
Redfern Integrated Optics
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Photonics market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Photonics market by identifying its various subsegments.
Focuses on the key global Photonics players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Photonics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Photonics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
