Product Code:455053
Published Date: Feb 08,2023
Pages: 100
Region: Global
Category: Electronics & Semiconductor
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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). LPI (LP Information)' newest research report, the “Photonics Industry Forecast” looks at past sales and reviews total world Photonics sales in 2022, providing a comprehensive analysis by region and market sector of projected Photonics sales for 2023 through 2029. With Photonics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photonics industry. This Insight Report provides a comprehensive analysis of the global Photonics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Photonics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Photonics market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photonics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Photonics. The global Photonics market size is projected to grow from US$ 647380 million in 2022 to US$ 1022190 million in 2029; it is expected to grow at a CAGR of 6.7% from 2023 to 2029. The major players in global Photonics market include Coherent, IPG Photonics, Finisar Corporation, etc., and the market concentration rate is low. Asia-Pacific and North America are main markets, they occupy about 80% of the global market. Lasers is the main type, with a share about 30%. Displays is the main application, which holds a share about 20%. This report presents a comprehensive overview, market shares, and growth opportunities of Photonics market by product type, application, key players and key regions and countries. Market Segmentation: Segmentation by type Lasers Waveguides Optical Modulators Optical Interconnects Filters Photo Detectors Amplifiers Others Segmentation by application Consumer Electronics Displays Safety & Defense Technology Communication Metrology Sensing Medical & Healthcare High-performance Computing Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. 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