Photonics Market

Photonics Market Size will Reach USD 1.5 trillion by 2030

According to Precedence Research, during the forecast period of 2022 to 2030, the global photonics market is estimated to develop at a compound annual growth rate (CAGR) of 5.65%. The global photonics market was valued at USD 915 billion in 2021, and it is predicted to exceed USD 1.5 trillion by 2030. The study investigates several elements and their consequences on the growth of the photonics market.

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This report focuses on photonics market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall photonics market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

Report Scope of the Photonics Market 

Report Coverage Details
Market Size in 2022 USD 966.66 Billion
Market Size by 2030 USD 1.5 Trillion
Growth Rate from 2022 to 2030 CAGR of 5.65%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Application, Geography

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of photonics, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of photonics has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the photonics market.

Some of the prominent players in the photonics market include:

  • Hamamatsu Photonics K.K (Hamamatsu – city, Japan)
  • Molex (Illinois, US)
  • TRUMPF (Ditzingen, Germany)
  • Sicoya GMBH (Berlin, Germany)
  • One Silicone chip photonics Inc (Montreal, Canada)
  • Neophotnics Corporation (Caifornia, U.S)
  • Innolume (Dortmund, Germany)
  • IPG Photonics Corporation (Massachusetts, U.S)
  • II – VI Incorporated (Pennsylvania, U.S.)

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Segments Covered in the Report

By Type

  • Light Emitting Diodes (LEDs)
  • Electronics Devices
  • Communication Systems
  • Lasers, Detectors, Sensors, Imaging devices

By Application

  • Medical Sectors (Biophotonics)
  • Displays
  • Information processing
  • Communication Process and Networking
  • Lighting
  • Measurement and Vision
  • Photovoltaic
  • Construction Site
  • Media and Communication
  • Pharmaceutical Industries

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

  • What can be the best investment choices for venturing into new product and service lines?
  • What value propositions should businesses aim at while making new research and development funding?
  • Which regulations will be most helpful for stakeholders to boost their supply chain network?
  • Which regions might see the demand maturing in certain segments in near future?
  • What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
  • Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
  • Which government regulations might challenge the status of key regional markets?
  • How will the emerging political and economic scenario affect opportunities in key growth areas?
  • What are some of the value-grab opportunities in various segments?
  • What will be the barrier to entry for new players in the market?

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Photonics Market 

5.1. COVID-19 Landscape: Photonics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Photonics Market, By Type

8.1. Photonics Market, by Type, 2022-2030

8.1.1. Light Emitting Diodes (LEDs)

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Electronics Devices

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Communication Systems

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Lasers, Detectors, Sensors, Imaging devices

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Photonics Market, By Application

9.1. Photonics Market, by Application, 2022-2030

9.1.1. Medical Sectors (Biophotonics)

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Displays

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Information processing

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Communication Process and Networking

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Lighting

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. Measurement and Vision

9.1.6.1. Market Revenue and Forecast (2017-2030)

9.1.7. Photovoltaic

9.1.7.1. Market Revenue and Forecast (2017-2030)

9.1.8. Construction Site

9.1.8.1. Market Revenue and Forecast (2017-2030)

9.1.9. Media and Communication

9.1.9.1. Market Revenue and Forecast (2017-2030)

9.1.10. Pharmaceutical Industries

9.1.10.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Photonics Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Type (2017-2030)

10.1.2. Market Revenue and Forecast, by Application (2017-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.1.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2017-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2017-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2017-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Type (2017-2030)

10.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.5.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2017-2030)

Chapter 11. Company Profiles

11.1. Hamamatsu Photonics K.K (Hamamatsu – city, Japan)

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Molex (Illinois, US)

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. TRUMPF (Ditzingen, Germany)

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Sicoya GMBH (Berlin, Germany)

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. One Silicone chip photonics Inc (Montreal, Canada)

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Neophotnics Corporation (Caifornia, U.S)

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Innolume (Dortmund, Germany)

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. IPG Photonics Corporation (Massachusetts, U.S)

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. II – VI Incorporated (Pennsylvania, U.S.)

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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