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PUBLISHER: IMARC | PRODUCT CODE: 1225441
PUBLISHER: IMARC | PRODUCT CODE: 1225441
Photonics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Market Overview:
- The global photonics market size reached US$ 801.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,143.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
- Photonics represents a technology or an area of study that deals with the science of generating, detecting, controlling, and manipulating photons, radiant energies, and light. It is considered a subset of various optic disciplines, including geometrical, physical, and quantum. It includes a light-emitting diode (LED), imaging devices, laser, sensors, and detectors as standard product types. These photonics-enabled devices offer higher energy efficiency, a longer life span, better accuracy, and faster operations than their counterparts. Apart from this, photonics ensures data transmission, generates less heat, and minimizes energy consumption cost-effectively. Based on these properties, it finds extensive applications in displays, photovoltaics, machine vision, image processing, optical components, and medical technologies.
Photonics Market Trends:
- The widespread product adoption across various industrial verticals can be attributed to the need for photonic-enabled connected services and the extensive utilization of additive manufacturing (AM) to produce complex components and prototype tools. In line with this, significant enhancements in the healthcare infrastructure and the escalating demand for non-invasive disease detection have facilitated the uptake of photonics in imaging techniques and point-of-care technologies, which is acting as another growth-inducing factor. Such solutions are used in medical and biological research for drug development, medical imaging, laser beam diagnostics, and optical coherence tomography (OCT) scanning to detect health conditions. Additionally, the extensive utilization of photonics in communication networks, integrated circuits (IC), computing systems, and next-generation sensors to transmit, generate, convert, and use data instantly is impelling the market growth. Apart from this, the large-scale product incorporation in residential security systems, amplifiers, switches, light modulation devices, light detection and ranging (LiDAR), and the integration of the Internet of Things (IoT) solutions are creating a positive outlook for the market.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global photonics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end user.
Breakup by Type:
- LED
- Lasers, Detectors, Sensors and Imaging Devices
- Optical Communication Systems and Components
- Others
Breakup by Application:
- Surveying and Detection
- Production Technology
- Data Communication
- Image Capture and Display
- Medical Technology
- Lighting
- Others
Breakup by End User:
- Building Construction
- Media, Broadcasting and Telecommunication
- Consumer Electronics
- Medical
- Safety and Defense
- Industrial
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being ams-OSRAM AG, Genia Photonics Inc., Hamamatsu Photonics, II-VI Incorporated, Infinera Corporation, Intel Corporation, IPG Photonics, Koninklijke Philips N.V., Ocean Insight (Halma plc) and Teem Photonics.
- Key Questions Answered in This Report
- 1. What was the size of the global photonics market in 2022?
- 2. What is the expected growth rate of the global photonics market during 2023-2028?
- 3. What has been the impact of COVID-19 on the global photonics market?
- 4. What are the key factors driving the global photonics market?
- 5. What is the breakup of the global photonics market based on the application?
- 6. What are the key regions in the global photonics market?
- 7. Who are the key players/companies in the global photonics market?
Product Code: SR1423A282_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Photonics Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 LED
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Lasers, Detectors, Sensors and Imaging Devices
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Optical Communication Systems and Components
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Application
- 7.1 Surveying and Detection
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Production Technology
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Data Communication
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Image Capture and Display
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Medical Technology
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Lighting
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by End User
- 8.1 Building Construction
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Media, Broadcasting and Telecommunication
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Consumer Electronics
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Medical
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Safety and Defense
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Industrial
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 ams-OSRAM AG
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.2 Genia Photonics Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Hamamatsu Photonics
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 II-VI Incorporated
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 Infinera Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Intel Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 IPG Photonics
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Koninklijke Philips N.V.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Ocean Insight (Halma plc)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Teem Photonics
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.1 ams-OSRAM AG
Product Code: SR1423A282_Report
List of Figures
- Figure 1: Global: Photonics Market: Major Drivers and Challenges
- Figure 2: Global: Photonics Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Photonics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Photonics Market: Breakup by Type (in %), 2022
- Figure 5: Global: Photonics Market: Breakup by Application (in %), 2022
- Figure 6: Global: Photonics Market: Breakup by End User (in %), 2022
- Figure 7: Global: Photonics Market: Breakup by Region (in %), 2022
- Figure 8: Global: Photonics (LED) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Photonics (LED) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Photonics (Lasers, Detectors, Sensors and Imaging Devices) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Photonics (Lasers, Detectors, Sensors and Imaging Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Photonics (Optical Communication Systems and Components) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Photonics (Optical Communication Systems and Components) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Photonics (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Photonics (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Photonics (Surveying and Detection) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Photonics (Surveying and Detection) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Photonics (Production Technology) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Photonics (Production Technology) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Photonics (Data Communication) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Photonics (Data Communication) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Photonics (Image Capture and Display) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Photonics (Image Capture and Display) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Photonics (Medical Technology) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Photonics (Medical Technology) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Photonics (Lighting) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Photonics (Lighting) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Photonics (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Photonics (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Photonics (Building Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Photonics (Building Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Photonics (Media, Broadcasting and Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Photonics (Media, Broadcasting and Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Photonics (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Photonics (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Photonics (Medical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Photonics (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Global: Photonics (Safety and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Global: Photonics (Safety and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Global: Photonics (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Global: Photonics (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: North America: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: North America: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: United States: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: United States: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Canada: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Canada: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Asia-Pacific: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Asia-Pacific: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: China: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: China: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Japan: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Japan: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: India: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: India: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: South Korea: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: South Korea: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Australia: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Australia: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Indonesia: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Indonesia: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Others: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Others: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Europe: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Europe: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Germany: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Germany: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: France: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: France: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: United Kingdom: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: United Kingdom: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Italy: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Italy: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Spain: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Spain: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Russia: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Russia: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Others: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Others: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Latin America: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Latin America: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Brazil: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Brazil: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Mexico: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Mexico: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Others: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 87: Others: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 88: Middle East and Africa: Photonics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 89: Middle East and Africa: Photonics Market: Breakup by Country (in %), 2022
- Figure 90: Middle East and Africa: Photonics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 91: Global: Photonics Industry: SWOT Analysis
- Figure 92: Global: Photonics Industry: Value Chain Analysis
- Figure 93: Global: Photonics Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Photonics Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Photonics Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Photonics Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Photonics Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Photonics Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Photonics Market: Competitive Structure
- Table 7: Global: Photonics Market: Key Players
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