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North America Photonics Market 2021-2028

  • ID: 5357140
  • Report
  • July 2021
  • Region: North America
  • 122 pages
  • Triton Market Research

FEATURED COMPANIES

  • 3S Photonics
  • Hamamatsu Photonics Kk
  • Innolume GmbH
  • IPG Photonics Corporation
  • Molex LLC
  • Osram Licht AG
MARKET OUTLOOK

As stated in this report, the photonics market in North America is anticipated to garner a CAGR of 7.41% through the predicted years 2021-2028. The United States and Canada form the overall region.

The demand for photonics is anticipated to increase in Canada. This growth in demand has encouraged several companies to set up operations in the country. Moreover, this growth has helped the country to regain its hold over the declining manufacturing sector. Additionally, numerous companies are adopting photonics to drive their innovation, offering new opportunities to the manufacturers. Furthermore, institutions like the National Research Council of Canada have significantly contributed to the development of the studied market by setting up the Canadian Photonics Fabrication Center. Therefore, such actions are widening the scope and growth of the photonics market within Canada.

Likewise, prominent industry giants like Microsoft and Facebook are motivating the growth of the studied market in the United States. For instance, companies like Facebook and Microsoft have employed photonics technologies to optimize the data transmission process. Other than this, the country has witnessed significant technological advancements over the past few years. This growth in technology and increasing data centers influence the deployment of photonics devices, in turn, generating lucrative opportunities for the photonics market in the US over the upcoming years.

COMPETITIVE OUTLOOK

The renowned enterprises in the photonics market include Hamamatsu Photonics KK, Schott AG, IPG Photonics Corporation, Carl Zeiss AG, International Business Machines Corporation (IBM), Molex LLC, and Intel Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 3S Photonics
  • Hamamatsu Photonics Kk
  • Innolume GmbH
  • IPG Photonics Corporation
  • Molex LLC
  • Osram Licht AG
1. North America Photonics Market - Summary

2. Industry Outlook
2.1. Impact of COVID-19 on Photonics Market
2.2. Key Insights
2.2.1. Broadening Applications of Silicon Photonics
2.2.2. Need for High-Performance and Eco-Friendly Solutions
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.7. Key Market Strategies
2.7.1. Acquisitions
2.7.2. Product Launches
2.7.3. Partnerships
2.7.4. Business Expansions
2.8. Market Drivers
2.8.1. Bandwidth Requirement for Huge Amount of Data Transfer
2.8.2. Growing Funding in the Silicon Photonics Industry
2.9. Market Challenges
2.9.1. Cost Constraints
2.9.2. Stringent Government and Environmental Regulations
2.10. Market Opportunities
2.10.1. Increasing Smartphone Penetration and Rising Internet Connectivity
2.10.2. Applications in the Automotive Sector

3. North America Photonics Market Outlook - by Product
3.1. Waveguides
3.2. Optical Modulators
3.3. Optical Interconnects
3.4. Led
3.5. Wavelength Division Multiplexer (Wdm) Filters
3.6. Photodetectors
3.7. Lasers
3.8. Amplifiers
3.9. Other Product Types

4. North America Photonics Market Outlook - by Application
4.1. Security, Surveying, & Detection
4.2. Production Technology
4.3. Data Communication
4.4. Image Capture and Display
4.5. Medical Technology
4.6. Lighting
4.7. Photovoltaic
4.8. Other Applications (Traffic, Research)

5. North America Photonics Market - Regional Outlook
5.1. United States
5.2. Canada

6. Competitive Landscape
6.1. 3S Photonics
6.2. Carl Zeiss AG
6.3. Finisar Corporation (Ii-Vi Incorporated)
6.4. Hamamatsu Photonics Kk
6.5. Huber+Suhner Polatis Photonics Inc
6.6. Infinera Corporation
6.7. Innolume GmbH
6.8. Intel Corporation
6.9. International Business Machines Corporation (Ibm)
6.10. Ipg Photonics Corporation
6.11. Koninklijke Philips Nv
6.12. Molex LLC
6.13. Nec Corporation
6.14. Osram Licht AG
6.15. Schott AG

7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology

Table List
Table 1: North America Photonics Market, by Country, 2021-2028 (In $ Billion)
Table 2: Vendor Scorecard
Table 3: List of Acquisitions
Table 4: List of Product Launches
Table 5: List of Partnerships & Agreements
Table 6: List of Business Expansions
Table 7: Some of the Promising Funding in the Silicon Photonics
Table 8: North America Photonics Market, by Product, 2021-2028 (In $ Billion)
Table 9: North America Photonics Market, by Application, 2021-2028 (In $ Billion)
Table 10: North America Photonics Market, by Country, 2021-2028 (In $ Billion)

Figure List
Figure 1: Market Attractiveness Index
Figure 2: Industry Components
Figure 3: North America Photonics Market, by Waveguides, 2021-2028 (In $ Billion)
Figure 4: North America Photonics Market, by Optical Modulators, 2021-2028 (In $ Billion)
Figure 5: North America Photonics Market, by Optical Interconnects, 2021-2028 (In $ Billion)
Figure 6: North America Photonics Market, by Led, 2021-2028 (In $ Billion)
Figure 7: North America Photonics Market, by Wavelength Division Multiplexer (Wdm) Filters, 2021-2028 (In $ Billion)
Figure 8: North America Photonics Market, by Photodetectors, 2021-2028 (In $ Billion)
Figure 9: North America Photonics Market, by Lasers, 2021-2028 (In $ Billion)
Figure 10: North America Photonics Market, by Amplifiers, 2021-2028 (In $ Billion)
Figure 11: North America Photonics Market, by Other Product Types, 2021-2028 (In $ Billion)
Figure 12: North America Photonics Market, by Security, Surveying & Detection, 2021-2028 (In $ Billion)
Figure 13: North America Photonics Market, by Production Technology, 2021-2028 (In $ Billion)
Figure 14: North America Photonics Market, by Data Communication, 2021-2028 (In $ Billion)
Figure 15: North America Photonics Market, by Image Capture and Display, 2021-2028 (In $ Billion)
Figure 16: North America Photonics Market, by Medical Technology, 2021-2028 (In $ Billion)
Figure 17: North America Photonics Market, by Lighting, 2021-2028 (In $ Billion)
Figure 18: North America Photonics Market, by Photovoltaic, 2021-2028 (In $ Billion)
Figure 19: North America Photonics Market, by Other Applications (Traffic, Research), 2021-2028 (In $ Billion)
Figure 20: North America Photonics Market, Regional Outlook, 2020 & 2028 (In %)
Figure 21: United States Photonics Market 2021-2028 (In $ Billion)
Figure 22: Canada Photonics Market 2021-2028 (In $ Billion)
Note: Product cover images may vary from those shown
  • 3S Photonics
  • Carl Zeiss AG
  • Finisar Corporation (Ii-Vi Incorporated)
  • Hamamatsu Photonics Kk
  • Huber+Suhner Polatis Photonics Inc
  • Infinera Corporation
  • Innolume GmbH
  • Intel Corporation
  • International Business Machines Corporation (Ibm)
  • IPG Photonics Corporation
  • Koninklijke Philips Nv
  • Molex LLC
  • Nec Corporation
  • Osram Licht AG
  • Schott AG
Note: Product cover images may vary from those shown

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