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PUBLISHER: KBV Research | PRODUCT CODE: 1621240
PUBLISHER: KBV Research | PRODUCT CODE: 1621240
LAMEA Photonics Market Size, Share & Trends Analysis Report By Product, By Application, By Country and Growth Forecast, 2024 - 2031
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PAGES: 142 Pages
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The Latin America, Middle East and Africa Photonics Market would witness market growth of 5.9% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Photonics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $23,603.6 million by 2031. The Argentina market is registering a CAGR of 7.3% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 5% during (2024 - 2031).
Photonics is also at the forefront of transforming manufacturing and industrial processes. The use of laser-based photonic systems in precision cutting, welding, and 3D printing has redefined manufacturing workflows, enabling the production of complex geometries with unparalleled accuracy.
Moreover, Aerospace, automotive, and electronics industries require these technologies for their precision and efficacy. Photonic sensors and inspection systems are increasingly used in quality control and automation, ensuring that products meet stringent standards and operational requirements.
In the United Arab Emirates (UAE), the rapid adoption of 5G networks and ambitious telecommunications strategies propel the demand for photonic technologies. The Gulf Cooperation Council (GCC) is expected to have 62 million 5G subscriptions by the end of 2026, representing nearly 75% of the region's mobile connections. Government-led initiatives such as UAE Vision 2021 and the Smart Dubai initiative emphasize the integration of advanced technologies to create smart cities and enhance digital infrastructure. The Telecommunications and Digital Government Regulatory Authority (TDRA) is critical in fostering research and innovation in photonics, supporting high-speed data transfer and robust communication networks. These strategic efforts not only boost the adoption of photonics but also establish the UAE as a regional leader in leveraging photonic technologies for telecommunications and smart infrastructure development.
Based on Product, the market is segmented into Photo Detectors, WDM Filters, Optical Interconnects, Optical Modulators, Waveguides, LED, Lasers, Amplifiers, and Others. Based on Application, the market is segmented into Displays, HPC, Safety & Defense Technology, Metrology, Medical & Healthcare, Communication, Consumer Electronics, Sensing, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Coherent Corp.
- Hamamatsu Photonics K.K.
- IPG Photonics Corporation
- Infinera Corporation
- Cisco Systems, Inc.
- Luna Innovations, Incorporated
- Signify N.V.
- Nikon Corporation
- American Elements
- Illinois Tools Works, Inc. (MTS Systems Corporation)
LAMEA Photonics Market Report Segmentation
By Product
- Photo Detectors
- WDM Filters
- Optical Interconnects
- Optical Modulators
- Waveguides
- LED
- Lasers
- Amplifiers
- Others
By Application
- Displays
- HPC
- Safety & Defense Technology
- Metrology
- Medical & Healthcare
- Communication
- Consumer Electronics
- Sensing
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Photonics Market, by Product
- 1.4.2 LAMEA Photonics Market, by Application
- 1.4.3 LAMEA Photonics Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Strategies Deployed in Photonics Market.
- 4.3 Porter Five Forces Analysis
Chapter 5. LAMEA Photonics Market by Product
- 5.1 LAMEA Photo Detectors Market by Country
- 5.2 LAMEA WDM Filters Market by Country
- 5.3 LAMEA Optical Interconnects Market by Country
- 5.4 LAMEA Optical Modulators Market by Country
- 5.5 LAMEA Waveguides Market by Country
- 5.6 LAMEA LED Market by Country
- 5.7 LAMEA Lasers Market by Country
- 5.8 LAMEA Amplifiers Market by Country
- 5.9 LAMEA Others Market by Country
Chapter 6. LAMEA Photonics Market by Application
- 6.1 LAMEA Displays Market by Country
- 6.2 LAMEA HPC Market by Country
- 6.3 LAMEA Safety & Defense Technology Market by Country
- 6.4 LAMEA Metrology Market by Country
- 6.5 LAMEA Medical & Healthcare Market by Country
- 6.6 LAMEA Communication Market by Country
- 6.7 LAMEA Consumer Electronics Market by Country
- 6.8 LAMEA Sensing Market by Country
- 6.9 LAMEA Others Market by Country
Chapter 7. LAMEA Photonics Market by Country
- 7.1 Brazil Photonics Market
- 7.1.1 Brazil Photonics Market by Product
- 7.1.2 Brazil Photonics Market by Application
- 7.2 Argentina Photonics Market
- 7.2.1 Argentina Photonics Market by Product
- 7.2.2 Argentina Photonics Market by Application
- 7.3 UAE Photonics Market
- 7.3.1 UAE Photonics Market by Product
- 7.3.2 UAE Photonics Market by Application
- 7.4 Saudi Arabia Photonics Market
- 7.4.1 Saudi Arabia Photonics Market by Product
- 7.4.2 Saudi Arabia Photonics Market by Application
- 7.5 South Africa Photonics Market
- 7.5.1 South Africa Photonics Market by Product
- 7.5.2 South Africa Photonics Market by Application
- 7.6 Nigeria Photonics Market
- 7.6.1 Nigeria Photonics Market by Product
- 7.6.2 Nigeria Photonics Market by Application
- 7.7 Rest of LAMEA Photonics Market
- 7.7.1 Rest of LAMEA Photonics Market by Product
- 7.7.2 Rest of LAMEA Photonics Market by Application
Chapter 8. Company Profiles
- 8.1 Coherent Corp.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Partnerships, Collaborations, and Agreements:
- 8.1.5.2 Product Launches and Product Expansions:
- 8.1.6 SWOT Analysis
- 8.2 Hamamatsu Photonics K.K.
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental Analysis
- 8.2.4 Research & Development Expense
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Partnerships, Collaborations, and Agreements:
- 8.2.5.2 Acquisition and Mergers:
- 8.2.6 SWOT Analysis
- 8.3 IPG Photonics Corporation
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Product Launches and Product Expansions:
- 8.3.5.2 Acquisition and Mergers:
- 8.4 Infinera Corporation
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 Recent strategies and developments:
- 8.4.5.1 Partnerships, Collaborations, and Agreements:
- 8.4.6 SWOT Analysis
- 8.5 Cisco Systems, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Acquisition and Mergers:
- 8.5.6 SWOT Analysis
- 8.6 Luna Innovations, Incorporated
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Partnerships, Collaborations, and Agreements:
- 8.6.5.2 Acquisition and Mergers:
- 8.6.6 SWOT Analysis
- 8.7 Signify N.V.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 SWOT Analysis
- 8.8 Nikon Corporation
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 SWOT Analysis
- 8.9 American Elements
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
- 8.10. Illinois Tools Works, Inc.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Photonics Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Photonics Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA Photonics Market by Product, 2020 - 2023, USD Million
- TABLE 4 LAMEA Photonics Market by Product, 2024 - 2031, USD Million
- TABLE 5 LAMEA Photo Detectors Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Photo Detectors Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA WDM Filters Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA WDM Filters Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Optical Interconnects Market by Country, 2020 - 2023, USD Million
- TABLE 10 LAMEA Optical Interconnects Market by Country, 2024 - 2031, USD Million
- TABLE 11 LAMEA Optical Modulators Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Optical Modulators Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Waveguides Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Waveguides Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA LED Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA LED Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Lasers Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Lasers Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Amplifiers Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Amplifiers Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA Photonics Market by Application, 2020 - 2023, USD Million
- TABLE 24 LAMEA Photonics Market by Application, 2024 - 2031, USD Million
- TABLE 25 LAMEA Displays Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Displays Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA HPC Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA HPC Market by Country, 2024 - 2031, USD Million
- TABLE 29 LAMEA Safety & Defense Technology Market by Country, 2020 - 2023, USD Million
- TABLE 30 LAMEA Safety & Defense Technology Market by Country, 2024 - 2031, USD Million
- TABLE 31 LAMEA Metrology Market by Country, 2020 - 2023, USD Million
- TABLE 32 LAMEA Metrology Market by Country, 2024 - 2031, USD Million
- TABLE 33 LAMEA Medical & Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 34 LAMEA Medical & Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 35 LAMEA Communication Market by Country, 2020 - 2023, USD Million
- TABLE 36 LAMEA Communication Market by Country, 2024 - 2031, USD Million
- TABLE 37 LAMEA Consumer Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 38 LAMEA Consumer Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 39 LAMEA Sensing Market by Country, 2020 - 2023, USD Million
- TABLE 40 LAMEA Sensing Market by Country, 2024 - 2031, USD Million
- TABLE 41 LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 42 LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 43 LAMEA Photonics Market by Country, 2020 - 2023, USD Million
- TABLE 44 LAMEA Photonics Market by Country, 2024 - 2031, USD Million
- TABLE 45 Brazil Photonics Market, 2020 - 2023, USD Million
- TABLE 46 Brazil Photonics Market, 2024 - 2031, USD Million
- TABLE 47 Brazil Photonics Market by Product, 2020 - 2023, USD Million
- TABLE 48 Brazil Photonics Market by Product, 2024 - 2031, USD Million
- TABLE 49 Brazil Photonics Market by Application, 2020 - 2023, USD Million
- TABLE 50 Brazil Photonics Market by Application, 2024 - 2031, USD Million
- TABLE 51 Argentina Photonics Market, 2020 - 2023, USD Million
- TABLE 52 Argentina Photonics Market, 2024 - 2031, USD Million
- TABLE 53 Argentina Photonics Market by Product, 2020 - 2023, USD Million
- TABLE 54 Argentina Photonics Market by Product, 2024 - 2031, USD Million
- TABLE 55 Argentina Photonics Market by Application, 2020 - 2023, USD Million
- TABLE 56 Argentina Photonics Market by Application, 2024 - 2031, USD Million
- TABLE 57 UAE Photonics Market, 2020 - 2023, USD Million
- TABLE 58 UAE Photonics Market, 2024 - 2031, USD Million
- TABLE 59 UAE Photonics Market by Product, 2020 - 2023, USD Million
- TABLE 60 UAE Photonics Market by Product, 2024 - 2031, USD Million
- TABLE 61 UAE Photonics Market by Application, 2020 - 2023, USD Million
- TABLE 62 UAE Photonics Market by Application, 2024 - 2031, USD Million
- TABLE 63 Saudi Arabia Photonics Market, 2020 - 2023, USD Million
- TABLE 64 Saudi Arabia Photonics Market, 2024 - 2031, USD Million
- TABLE 65 Saudi Arabia Photonics Market by Product, 2020 - 2023, USD Million
- TABLE 66 Saudi Arabia Photonics Market by Product, 2024 - 2031, USD Million
- TABLE 67 Saudi Arabia Photonics Market by Application, 2020 - 2023, USD Million
- TABLE 68 Saudi Arabia Photonics Market by Application, 2024 - 2031, USD Million
- TABLE 69 South Africa Photonics Market, 2020 - 2023, USD Million
- TABLE 70 South Africa Photonics Market, 2024 - 2031, USD Million
- TABLE 71 South Africa Photonics Market by Product, 2020 - 2023, USD Million
- TABLE 72 South Africa Photonics Market by Product, 2024 - 2031, USD Million
- TABLE 73 South Africa Photonics Market by Application, 2020 - 2023, USD Million
- TABLE 74 South Africa Photonics Market by Application, 2024 - 2031, USD Million
- TABLE 75 Nigeria Photonics Market, 2020 - 2023, USD Million
- TABLE 76 Nigeria Photonics Market, 2024 - 2031, USD Million
- TABLE 77 Nigeria Photonics Market by Product, 2020 - 2023, USD Million
- TABLE 78 Nigeria Photonics Market by Product, 2024 - 2031, USD Million
- TABLE 79 Nigeria Photonics Market by Application, 2020 - 2023, USD Million
- TABLE 80 Nigeria Photonics Market by Application, 2024 - 2031, USD Million
- TABLE 81 Rest of LAMEA Photonics Market, 2020 - 2023, USD Million
- TABLE 82 Rest of LAMEA Photonics Market, 2024 - 2031, USD Million
- TABLE 83 Rest of LAMEA Photonics Market by Product, 2020 - 2023, USD Million
- TABLE 84 Rest of LAMEA Photonics Market by Product, 2024 - 2031, USD Million
- TABLE 85 Rest of LAMEA Photonics Market by Application, 2020 - 2023, USD Million
- TABLE 86 Rest of LAMEA Photonics Market by Application, 2024 - 2031, USD Million
- TABLE 87 Key Information - Coherent Corp.
- TABLE 88 key information - Hamamatsu Photonics K.K.
- TABLE 89 Key Information - IPG Photonics Corporation
- TABLE 90 Key Information - Infinera Corporation
- TABLE 91 Key Information - Cisco Systems, Inc.
- TABLE 92 key information - Luna Innovations, Incorporated
- TABLE 93 Key Information - Signify N.V.
- TABLE 94 Key Information - Nikon Corporation
- TABLE 95 Key Information - American Elements
- TABLE 96 Key Information - Illinois Tool Works, Inc.
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