Photonics Market

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).

Photonics Market contains market size and forecasts of Photonics in Global, including the following market information:

Global Photonics Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Photonics market was valued at 680930 million in 2021 and is projected to reach US$ 1038870 million by 2028, at a CAGR of 6.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Lasers Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Photonics include Coherent, Inc, IPG Photonics, Finisar Corporation, Hamamatsu Photonics, Lumentum, II-VI Incorporated, Infinera Corporation, NeoPhotonics and Luxtera, Inc, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Photonics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Photonics Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Photonics Market Segment Percentages, by Type, 2021 (%)

Lasers

Waveguides

Optical Modulators

Optical Interconnects

Filters

Photo Detectors

Amplifiers

Others

Global Photonics Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Photonics Market Segment Percentages, by Application, 2021 (%)

Consumer Electronics

Displays

Safety & Defense Technology

Communication

Metrology

Sensing

Medical & Healthcare

High-performance Computing

Others

Global Photonics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Photonics Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Photonics revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Photonics revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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