Photonics Market by Product Type (LED and Lasers, Detectors, Sensors & Imaging Devices), Application (ICT and Production Tech.), End-Use Industry (Media, Broadcasting & Telecommunication and Consumer & Business Automation) - Global Forecast to 2022

  • ID: 4433549
  • Report
  • Region: Global
  • 152 Pages
  • Markets and Markets
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The Photonics Market is Projected to Grow from USD 530.52 Billion in 2017 to USD 795.54 Billion by 2022, at a CAGR of 8.4%

FEATURED COMPANIES

  • American Elements
  • Corning
  • Hoya
  • IPG Photonics
  • Osram Licht
  • Shin-ETSU Chemical
  • MORE

“The photonics market is projected to grow at a CAGR of 8.4% from 2017 to 2022”

The photonics market is projected to grow from USD 530.52 billion in 2017 to USD 795.54 billion by 2022, at a CAGR of 8.4%. The increased demand for photonics in applications such as displays, information & communication technology, photovoltaic, medical technology & life sciences, measurement & automated vision, lighting, and production technology is expected to drive the growth of the photonics market across the globe. Improved properties, such as better energy efficiency and longer lifespan, contribute to the increased demand for photonics. Regulations on some chemical substances used in the manufacturing of photonics products act as a restraint for the photonics market growth.

“The production technology application segment is projected to grow at the highest CAGR from 2017 to 2022”

Based on application, the production technology segment of the photonics market is projected to grow at the highest CAGR during the forecast period, in terms of value. This expected high growth is attributed to the increasing use of photonics products to improve the process and energy efficiency of production technologies.

“The LED segment is estimated to be the largest product type segment during the forecast period”

Based on product type, the LED segment is estimated to lead the photonics market between 2017 and 2022. The growth of this segment is attributed to the increasing use of relatively higher energy-efficient LEDs in the lighting and display applications.

“The Asia Pacific photonics market is projected to grow at the highest CAGR during the forecast period”

The Asia Pacific photonics market is projected to grow at the highest CAGR between 2017 and 2022, due to the growth of the region’s end-user industries, such as building & construction; media, broadcasting, & telecommunication; medical; industrial; and security & defense. Urbanization and the continuously growing population are also expected to increase the demand for photonics in this region.

Extensive primary interviews have been conducted to determine and verify the market size for several segments and subsegments.

The break-up of primary interviews has been given below:

  • By Company Type: Tier 1 - 20%, Tier 2 - 55%, and Tier 3 - 25%
  • By Designation: C Level - 50%, Director Level - 25%, and Others - 25%
  • By Region: North America - 60%, Europe - 20%, Asia Pacific - 10%, South America- 5%, and the Middle East & Africa - 5%

The companies profiled in this market research report include Philips (Netherlands) , Schott (Germany), Nikon Corporation (Japan), Shin-Etsu Chemical Company (Japan), Hoya Corporation (Japan), Corning (US), Asahi Glass Company (Japan), II-VI Inc. (US), Ohara Inc. (Japan), and American Elements (US).

Research Coverage:

This research report has categorized the photonics market on the basis of product type, application, end-use industry, and region. It includes detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the photonics market. A detailed analysis of the key players has been done to provide insights on their business overviews, products & services offered, and key strategies, such as investments & expansions and mergers & acquisitions, adopted by them to strengthen their position in the photonics market.

Reasons to buy the report:

The report is expected to help market leaders/new entrants in this market in the following ways:

  1. This report comprehensively segments the photonics market and provides the closest approximations of the market sizes for the overall market and its subsegments across different regions.
  2. The report is expected to help the stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.
  3. This report is also expected to help the stakeholders understand major competitors in the market and gain insights to enhance their competitive positions in the market. The competitive landscape section includes major industry players from different regions, contributing to the market. The landscape consists of the top 25 companies ranked and grouped, on the basis of their competency parameters, such as geographical presence, recent strategic developments, and the number of employees.
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FEATURED COMPANIES

  • American Elements
  • Corning
  • Hoya
  • IPG Photonics
  • Osram Licht
  • Shin-ETSU Chemical
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Photonics Market
4.2 Photonics Market Size, By Application
4.3 APAC Photonics Market Share, By Application and Country
4.4 Photonics Market Size, By Product Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Need for Energy Efficient Products
5.2.1.2 Increasing Adoption of Photonics Products in Various Applications
5.2.2 Restraints
5.2.2.1 Stringent Environmental Regulations Hampering Performance of Photonics Products
5.2.3 Opportunities
5.2.3.1 Technological Advancements Leading to New Innovative Avenues
5.2.4 Challenges
5.2.4.1 High Cost of Photonics Enabled Products and Services
5.2.4.2 Stiff Competition in the Market
5.3 Porter’s Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Threat of New Entrants
5.3.3 Threat of Substitutes
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry

6 Photonics Market, By Product Type
6.1 Introduction
6.2 LED
6.3 Lasers, Sensors, Detectors & Imaging Devices
6.4 Optical Communication Systems & Components
6.5 Consumer Electronics & Devices
6.6 Others

7 Photonics Market, By Application
7.1 Introduction
7.2 Displays
7.2.1 Display in Mobile Devices
7.2.2 Display in Television
7.3 Information & Communication Technology
7.3.1 Data Transmission
7.3.2 Data Storage
7.4 Photovoltaic
7.5 Medical Technology & Life Sciences
7.5.1 Photonics in Medical Diagnosis
7.5.2 Photonics in Surgeries
7.6 Measurement & Automated Vision
7.6.1 Measuring Instruments
7.6.2 Automated Vision
7.7 Lighting
7.7.1 CFLS
7.7.2 LEDs
7.8 Production Technology
7.9 Others

8 Photonics Market, By End-Use Industry
8.1 Introduction
8.2 Building & Construction
8.3 Media, Broadcasting & Telecommunication
8.4 Consumer & Business Automation
8.5 Medical
8.6 Security & Defense
8.7 Industrial
8.8 Others

9 Photonics Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 Netherlands
9.3.4 UK
9.3.5 Italy
9.3.6 Switzerland
9.3.7 Rest of Europe
9.4 APAC
9.4.1 Japan
9.4.2 China
9.4.3 South Korea
9.4.4 India
9.4.5 Taiwan
9.4.6 Rest of APAC
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.2 South Africa
9.5.3 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Competitive Situation and Trends
10.2.1 Expansions
10.2.2 New Product Developments
10.2.3 Mergers & Acquisitions

11 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 Philips
11.2 Schott
11.3 Shin-ETSU Chemical
11.4 Nikon
11.5 Hoya
11.6 Corning
11.7 American Elements
11.8 Ohara
11.9 Asahi Glass
11.10 II-VI
11.11 Other Market Players
11.11.1 Huawei Technologies
11.11.2 Cisco Systems
11.11.3 Coherent
11.11.4 Trumpf Group
11.11.5 General Electric Company
11.11.6 Toshiba Medical
11.11.7 Hitachi
11.11.8 Emerson
11.11.9 Siemens
11.11.10 LG Display
11.11.11 Samsung Electronics
11.11.12 Innolux
11.11.13 Osram Licht
11.11.14 Trina Solar
11.11.15 IPG Photonics

*Details Might Not Be Captured in Case of Unlisted Companies

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Introducing RT: Real Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables:
Table 1 Photonics Market Size, By Type, 2015-2022 (USD Billion)
Table 2 LED Market Size, By Region,2015-2022 (USD Billion)
Table 3 Lasers, Sensors, Detectors & Imaging Devices Market Size, By Region, 2015-2022 (USD Billion)
Table 4 Optical Communication Systems & Components Market Size, By Region, 2015-2022 (USD Billion)
Table 5 Consumer Electronics & Devices Market Size, By Region, 2015-2022 (USD Billion)
Table 6 Other Products Market Size, By Region,2015-2022 (USD Billion)
Table 7 Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 8 Photonics Market Size in Displays, By Region,2015-2022 (USD Billion)
Table 9 Photonics Market Size in Information & Communication Technology, By Region, 2015-2022 (USD Billion)
Table 10 Photonics Market Size in Photovoltaic , By Region, 2015-2022 (USD Billion)
Table 11 Photonics Market Size in Medical Technology & Life Sciences, By Region, 2015-2022 (USD Billion)
Table 12 Photonics Market Size in Measurement & Automated Vision, By Region, 2015-2022 (USD Billion)
Table 13 Photonics Market Size in Lighting, By Region,2015-2022 (USD Billion)
Table 14 Photonics Market Size in Production Technology, By Region, 2015-2022 (USD Billion)
Table 15 Photonics Market Size in Other Applications, By Region, 2015-2022 (USD Billion)
Table 16 Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 17 Photonics Market Size in Building & Construction, By Region, 2015-2022 (USD Billion)
Table 18 Photonics Market Size in Media, Broadcasting & Telecommunication, By Region, 2015-2022, (USD Billion)
Table 19 Photonics Market Size in Consumer & Business Automation, By Region, 2015-2022 (USD Billion)
Table 20 Photonics Market Size in Medical, By Region, 2015-2022 (USD Billion)
Table 21 Photonics Market Size in Security & Defense, By Region, 2015-2022 (USD Billion)
Table 22 Photonics Market Size in Industrial, By Region, 2015-2022 (USD Billion)
Table 23 Photonics Market Size in Other End-Use Industries, By Region, 2015-2022 (USD Billion)
Table 24 Photonics Market Size, By Region, 2015-2022 (USD Billion)
Table 25 Photonics Market Size, By Product Type, 2015-2022 (USD Billion)
Table 26 Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 27 Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 28 North America: Photonics Market Size, By Country, 2015-2022 (USD Billion)
Table 29 North America: Photonics Market Size, By Product Type, 2015-2022 (USD Billion)
Table 30 North America: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 31 North America: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 32 US: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 33 US: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 34 Canada: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 35 Canada: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 36 Mexico: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 37 Mexico: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 38 Europe: Photonics Market Size, By Country, 2015-2022 (USD Billion)
Table 39 Europe: Photonics Market Size, By Product Type, 2015-2022 (USD Billion)
Table 40 Europe: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 41 Europe: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 42 Germany: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 43 Germany: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 44 France: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 45 France: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 46 Netherlands: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 47 Netherlands: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 48 UK: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 49 UK: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 50 Italy: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 51 Italy: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 52 Switzerland: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 53 Switzerland: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 54 Rest of Europe: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 55 Rest of Europe: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 56 APAC: Photonics Market Size, By Country, 2015-2022 (USD Billion)
Table 57 APAC: Photonics Market Size, By Product Type, 2015-2022 (USD Billion)
Table 58 APAC: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 59 APAC: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 60 Japan: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 61 Japan: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 62 China: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 63 China: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 64 South Korea: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 65 South Korea: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 66 India: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 67 India: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 68 Taiwan: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 69 Taiwan: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 70 Rest of APAC: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 71 Rest of APAC: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 72 Middle East & Africa: Photonics Market Size, By Country, 2015-2022 (USD Billion)
Table 73 Middle East & Africa: Photonics Market Size, By Product Type, 2015-2022 (USD Billion)
Table 74 Middle East & Africa: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 75 Middle East & Africa: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 76 Saudi Arabia: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 77 Saudi Arabia: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 78 South Africa: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 79 South Africa: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 80 Rest of Middle East & Africa: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 81 Rest of Middle East & Africa: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 82 South America: Photonics Market Size, By Country, 2015-2022 (USD Billion)
Table 83 South America: Photonics Market Size, By Product Type, 2015-2022 (USD Billion)
Table 84 South America: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 85 South America: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 86 Brazil: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 87 Brazil: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 88 Argentina: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 89 Argentina: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 90 Rest of South America: Photonics Market Size, By Application, 2015-2022 (USD Billion)
Table 91 Rest of South America: Photonics Market Size, By End-Use Industry, 2015-2022 (USD Billion)
Table 92 Expansions, 2013-1017
Table 93 New Product Developments, 2013-2017
Table 94 Mergers & Acquisitions, 2013-2017

List of Figures:
Figure 1 Photonics Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Data Triangulation: Photonics Market
Figure 5 LED Accounted for Largest Share of Photonics Market During Forecast Period
Figure 6 Information & Communication Technology to Be Largest Application Segment of Photonics Between 2017 and 2022
Figure 7 Media, Broadcasting & Telecommunication End-Use Industry Segment to Lead Photonics Market Between 2017 and 2022
Figure 8 APAC Accounted for Largest Share of Photonics Market in 2016
Figure 9 Increasing Demand From Displays, Information & Communication Technology and Lighting to Drive the Photonics Market
Figure 10 Information & Communication Technology to Be the Largest Application in Photonics Market During Forecast Period
Figure 11 Displays to Be Largest Application of Photonics Market in APAC
Figure 12 LED to Account for Largest Market Share During Forecast Period
Figure 13 Photonics: Market Dynamics
Figure 14 Porter’s Five Forces Analysis
Figure 15 LED Accounted for Largest Share of Photonics Market in 2016
Figure 16 Lasers, Detectors, Sensors & Imaging Devices Projected to Be Fastest-Growing Segment of Photonics Market During Forecast Period
Figure 17 Information & Communication Technology Accounted for Largest Share of Overall Photonics Market in 2016
Figure 18 Media, Broadcasting & Telecommunication Was Largest End-Use Industry of Photonics in 2016
Figure 19 Emerging Markets are New Strategic Locations for Rapid Growth
Figure 20 North America Market Snapshot: Information & Communication Technology Accounts for Largest Consumption (2017-2022)
Figure 21 European Market Snapshot: Germany Dominates Market in Europe
Figure 22 APAC Market Snapshot: China Witnessing High Consumption of Photonics (2017-2022)
Figure 23 Companies Adopted New Product Development as Key Growth Strategy Between 2013 and 2017
Figure 24 Philips: Company Snapshot
Figure 25 Philips: Company Snapshot
Figure 26 Schott: Company Snapshot
Figure 27 Schott: SWOT Analysis
Figure 28 Shin-ETSU Chemical: Company Snapshot
Figure 29 Shin-ETSU Chemical: SWOT Analysis
Figure 30 Nikon: Company Snapshot
Figure 31 Nikon: SWOT Analysis
Figure 32 Hoya: Company Snapshot
Figure 33 Hoya: SWOT Analysis
Figure 34 Corning: Company Snapshot
Figure 35 Ohara: Company Snapshot
Figure 36 Asahi Glass: Company Snapshot
Figure 37 II-VI: Company Snapshot

Note: Product cover images may vary from those shown
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  • American Elements
  • Asahi Glass
  • Cisco Systems
  • Coherent
  • Corning
  • Emerson
  • General Electric Company
  • Hitachi
  • Hoya
  • Huawei Technologies
  • II-VI
  • IPG Photonics
  • Innolux
  • LG Display
  • Nikon
  • Ohara
  • Osram Licht
  • Philips
  • Samsung Electronics
  • Schott
  • Shin-ETSU Chemical
  • Siemens
  • Toshiba Medical
  • Trina Solar
  • Trumpf Group
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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