Photonics Market by Type, Application, End-Use Industry

List of Tables

The Photonics Market is projected to reach USD 926.59 billion by 2030 from USD 483.40 billion in 2022, at a CAGR of 8.47% during the forecast period.

Global Photonics Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 483.40 billion
Estimated Year Value [2023]	USD 520.96 billion
Forecast Year Value [2030]	USD 926.59 billion
CAGR (%)	8.47%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Photonics Market.

Based on Type, market is studied across Consumer Electronics & Devices, Lasers, Detectors, Sensors, & Imaging devices, LED, and Optical Communication Systems & Components. The Lasers, Detectors, Sensors, & Imaging devices is projected to witness significant market share during forecast period.

Based on Application, market is studied across Displays, Information & Communication Technology, Lighting, Measurement & Automated Vision, Medical Technology & Life sciences (Biophotonics), Photovoltaic, and Production Technology. The Production Technology is projected to witness significant market share during forecast period.

Based on End-Use Industry, market is studied across Building & Construction, Consumer & Business Automation, Industrial, Media, Broadcasting & Telecommunication, Medical, and Safety & Defense. The Medical is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Photonics Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Photonics Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Photonics Market, highlighting leading vendors and their innovative profiles. These include Aiocore Co. , Ltd., American Elements, Asahi India Glass Ltd., Carl Zeiss AG, Coherent Corp., Corning Incorporated, Hamamatsu Photonics K.K., Hoya Corporation, Innolume GmbH, Lumentum Operations LLC, Nikon Corporation, Ohara Inc., OSCPS Motion Sensing Inc., Ranovus Inc., and Shin-Etsu Chemical Co., Ltd..

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Photonics Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Photonics Market?

3. What is the competitive strategic window for identifying opportunities in the Photonics Market?

4. What are the latest technology trends and regulatory frameworks in the Photonics Market?

5. What is the market share of the leading vendors in the Photonics Market?

6. Which modes and strategic moves are suitable for entering the Photonics Market?

Product Code: MRR-AD517FAAA029

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Photonics Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increase in demand for high speed internet and data transfer
  - 5.1.1.2. Government initiatives supporting photonics development
  - 5.1.1.3. Surging adoption of photonics for non-invasive healthcare
- 5.1.2. Restraints
  - 5.1.2.1. High cost of photonics devices and testing
- 5.1.3. Opportunities
  - 5.1.3.1. Emergence of additive manufacturing coupled with integration of sustainable technology
  - 5.1.3.2. Rising R&D and funding for photonics novel applications and products
- 5.1.4. Challenges
  - 5.1.4.1. Technical issues of photonics in various applications
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Photonics Market, by Type

6.1. Introduction
6.2. Consumer Electronics & Devices
6.3. Lasers, Detectors, Sensors, & Imaging devices
6.4. LED
6.5. Optical Communication Systems & Components

7. Photonics Market, by Application

7.1. Introduction
7.2. Displays
7.3. Information & Communication Technology
7.4. Lighting
7.5. Measurement & Automated Vision
7.6. Medical Technology & Life sciences (Biophotonics)
7.7. Photovoltaic
7.8. Production Technology

8. Photonics Market, by End-Use Industry

8.1. Introduction
8.2. Building & Construction
8.3. Consumer & Business Automation
8.4. Industrial
8.5. Media, Broadcasting & Telecommunication
8.6. Medical
8.7. Safety & Defense

9. Americas Photonics Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Photonics Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Photonics Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Agreement, Collaboration, & Partnership
  - 12.3.1.1. PsiQuantum expands its silicon photonics partnership with SkyWater
  - 12.3.1.2. Rockley Photonics Announces Strategic Partnership with Leading Contract Research Organization
- 12.3.2. Investment & Funding
  - 12.3.2.1. NLM Photonics Secures USD 1M Lead Investment from Strategic Partners Tokyo Ohka Kogyo Co., Ltd. ("TOK") and Hamamatsu Photonics

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. Aiocore Co. , Ltd.
- 13.1.2. American Elements
- 13.1.3. Asahi India Glass Ltd.
- 13.1.4. Carl Zeiss AG
- 13.1.5. Coherent Corp.
- 13.1.6. Corning Incorporated
- 13.1.7. Hamamatsu Photonics K.K.
- 13.1.8. Hoya Corporation
- 13.1.9. Innolume GmbH
- 13.1.10. Lumentum Operations LLC
- 13.1.11. Nikon Corporation
- 13.1.12. Ohara Inc.
- 13.1.13. OSCPS Motion Sensing Inc.
- 13.1.14. Ranovus Inc.
- 13.1.15. Shin-Etsu Chemical Co., Ltd.
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing