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The photonics market is forecasted to grow by USD 321.9 billion during 2023-2028, accelerating at a CAGR of 6.45% during the forecast period. The report on the photonics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by reduction in transmission costs and scalability beyond 400g, increasing need for energy-efficient products like silicon photonics, and growing need for higher network bandwidth.
The photonics market is segmented as below:
By Application
- Consumer electronics
- Displays
- Safety and defense technology
- Medical and healthcare
- Others
By Product
- WDM filters
- Optical modulators
- Optical interconnects
- Photo detectors
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the photonics market covers the following areas:
- Photonics market sizing
- Photonics market forecast
- Photonics market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global photonics market: AIO Core Co. Ltd., ams OSRAM AG, Ayar Labs Inc., Carl Zeiss AG, Corning Inc., Hamamatsu Photonics KK, II VI Inc., Infinera Corp., Innolume GmbH, Intel Corp., International Business Machines Corp., IPG Photonics Corp., Koch Industries Inc., NKT Photonics AS, Nokia Corp., OSCPS Motion Sensing Inc, Polatis Inc., RANVOUS Inc., Sicoya GmbH, and TRUMPF SE Co. KG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of optical data centers."
According to the report, one of the major drivers for this market is the reduction in transmission costs and scalability beyond 400g.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AIO Core Co. Ltd.
- ams OSRAM AG
- Ayar Labs Inc.
- Carl Zeiss AG
- Corning Inc.
- Hamamatsu Photonics KK
- II VI Inc.
- Infinera Corp.
- Innolume GmbH
- Intel Corp.
- International Business Machines Corp.
- IPG Photonics Corp.
- Koch Industries Inc.
- NKT Photonics AS
- Nokia Corp.
- OSCPS Motion Sensing Inc
- Polatis Inc.
- RANVOUS Inc.
- Sicoya GmbH
- TRUMPF SE Co. KG