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