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Global Photonics Market 2021-2028

  • ID: 5357155
  • Report
  • July 2021
  • Region: Global
  • 185 pages
  • Triton Market Research

FEATURED COMPANIES

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

The publisher’s report suggests that the global photonics market is estimated to exhibit a CAGR of 8.15% during the forecasted period of 2021-2028.

One of the major factors motivating the growth of the studied market is the growing investments in the photonics industry. Several companies and institutions have increased their funding for the R&D of silicon photonics technology. Moreover, major companies like Intel and IBM, along with government organizations, are actively investing in silicon photonics devices.

Additionally, the rising penetration of smartphones and growing internet connectivity is expected to offer lucrative growth opportunities to the photonics market. However, cost restraints, coupled with strict government and environmental rules, challenge the global market’s future growth.

REGIONAL OUTLOOK

The global photonics market covers North America, Asia-Pacific, Latin America, Europe, Middle East and Africa regions.

Globally, the Asia-Pacific is likely to witness the fastest growth rate in the photonics market. This growth is owing to the high demand for construction, mainly in China, and the rising affordability of photonics technology across the region. Additionally, Japan has emerged as a promising country in photonics technology development due to the presence of prominent companies. Moreover, the country has been among the world leaders in the development of photonics technology.

Furthermore, several research institutes are initiating advanced training programs in the region’s nations to expand the adoption of photonics technology. Hence, such developments are likely to advance the growth of the photonics market across the APAC region.

COMPETITIVE OUTLOOK

The distinguished companies in the photonics market are IPG Photonics Corporation, International Business Machines Corporation (IBM), Infinera Corporation, Intel Corporation, Hamamatsu Photonics KK, Huber+Suhner Polatis Photonics Inc, Innolume GmbH, Molex LLC, NEC Corporation, Schott AG, 3S Photonics, Carl Zeiss AG, Koninklijke Philips NV, Osram Licht AG, and Finisar Corporation (II-VI Incorporated).

Intel Corporation is an integrated device manufacturer involved in designing and developing digital technology products and components. Its product line includes microprocessors, chipsets, embedded processors, digital imaging, silicon photonics, motherboards, and wireless connectivity products, among others. The company offers its products and solutions to OEMs, industrial, and communication equipment manufacturers. Besides, its products have applications in servers, tablets, and desktops. Intel has operations across various countries, with headquarters located in California, the United States.
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
  • MORE
1. Global 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 Force 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. Global 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. Global 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. Global Photonics Market - Regional Outlook
5.1. North America
5.1.1. Market by Product
5.1.2. Market by Application
5.1.3. Country Analysis
5.1.3.1. United States
5.1.3.2. Canada
5.2. Europe
5.2.1. Market by Product
5.2.2. Market by Application
5.2.3. Country Analysis
5.2.3.1. United Kingdom
5.2.3.2. Germany
5.2.3.3. France
5.2.3.4. Spain
5.2.3.5. Italy
5.2.3.6. Russia
5.2.3.7. Rest of Europe
5.3. Asia-Pacific
5.3.1. Market by Product
5.3.2. Market by Application
5.3.3. Country Analysis
5.3.3.1. China
5.3.3.2. Japan
5.3.3.3. India
5.3.3.4. South Korea
5.3.3.5. Asean Countries
5.3.3.6. Australia & New Zealand
5.3.3.7. Rest of Asia-Pacific
5.4. Latin America
5.4.1. Market by Product
5.4.2. Market by Application
5.4.3. Country Analysis
5.4.3.1. Brazil
5.4.3.2. Mexico
5.4.3.3. Rest of Latin America
5.5. Middle East and Africa
5.5.1. Market by Product
5.5.2. Market by Application
5.5.3. Country Analysis
5.5.3.1. United Arab Emirates
5.5.3.2. Saudi Arabia
5.5.3.3. Turkey
5.5.3.4. South Africa
5.5.3.5. Rest of Middle East & Africa

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: Global Photonics Market, by Geography, 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 Silicon Photonics
Table 8: Global Photonics Market, by Product, 2021-2028 (In $ Billion)
Table 9: Global Photonics Market, by Application, 2021-2028 (In $ Billion)
Table 10: Global Photonics Market, by Geography, 2021-2028 (In $ Billion)
Table 11: North America Photonics Market, by Country, 2021-2028 (In $ Billion)
Table 12: North America Photonics Market, by Product, 2021-2028 (In $ Billion)
Table 13: North America Photonics Market, by Application, 2021-2028 (In $ Billion)
Table 14: Europe Photonics Market, by Country, 2021-2028 (In $ Billion)
Table 15: Europe Photonics Market, by Product, 2021-2028 (In $ Billion)
Table 16: Europe Photonics Market, by Application, 2021-2028 (In $ Billion)
Table 17: Asia-Pacific Photonics Market, by Country, 2021-2028 (In $ Billion)
Table 18: Asia-Pacific Photonics Market, by Product, 2021-2028 (In $ Billion)
Table 19: Asia-Pacific Photonics Market, by Application, 2021-2028 (In $ Billion)
Table 20: Latin America Photonics Market, by Country, 2021-2028 (In $ Billion)
Table 21: Latin America Photonics Market, by Product, 2021-2028 (In $ Billion)
Table 22: Latin America Photonics Market, by Application, 2021-2028 (In $ Billion)
Table 23: Middle East and Africa Photonics Market, by Country, 2021-2028 (In $ Billion)
Table 24: Middle East and Africa Photonics Market, by Product, 2021-2028 (In $ Billion)
Table 25: Middle East and Africa Photonics Market, by Application, 2021-2028 (In $ Billion)

Figure List
Figure 1: Market Attractiveness Index
Figure 2: Industry Components
Figure 3: Global Photonics Market, by Waveguides, 2021-2028 (In $ Billion)
Figure 4: Global Photonics Market, by Optical Modulators, 2021-2028 (In $ Billion)
Figure 5: Global Photonics Market, by Optical Interconnects, 2021-2028 (In $ Billion)
Figure 6: Global Photonics Market, by Led, 2021-2028 (In $ Billion)
Figure 7: Global Photonics Market, by Wavelength Division Multiplexer (Wdm) Filters, 2021-2028 (In $ Billion)
Figure 8: Global Photonics Market, by Photodetectors, 2021-2028 (In $ Billion)
Figure 9: Global Photonics Market, by Lasers, 2021-2028 (In $ Billion)
Figure 10: Global Photonics Market, by Amplifiers, 2021-2028 (In $ Billion)
Figure 11: Global Photonics Market, by Other Product Types, 2021-2028 (In $ Billion)
Figure 12: Global Photonics Market, by Security, Surveying, & Detection, 2021-2028 (In $ Billion)
Figure 13: Global Photonics Market, by Production Technology, 2021-2028 (In $ Billion)
Figure 14: Global Photonics Market, by Data Communication, 2021-2028 (In $ Billion)
Figure 15: Global Photonics Market, by Image Capture and Display, 2021-2028 (In $ Billion)
Figure 16: Global Photonics Market, by Medical Technology, 2021-2028 (In $ Billion)
Figure 17: Global Photonics Market, by Lighting, 2021-2028 (In $ Billion)
Figure 18: Global Photonics Market, by Photovoltaic, 2021-2028 (In $ Billion)
Figure 19: Global Photonics Market, by Other Applications (Traffic, Research), 2021-2028 (In $ Billion)
Figure 20: Global 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)
Figure 23: United Kingdom Photonics Market 2021-2028 (In $ Billion)
Figure 24: Germany Photonics Market 2021-2028 (In $ Billion)
Figure 25: France Photonics Market 2021-2028 (In $ Billion)
Figure 26: Spain Photonics Market 2021-2028 (In $ Billion)
Figure 27: Italy Photonics Market 2021-2028 (In $ Billion)
Figure 28: Russia Photonics Market 2021-2028 (In $ Billion)
Figure 29: Rest of Europe Photonics Market 2021-2028 (In $ Billion)
Figure 30: China Photonics Market 2021-2028 (In $ Billion)
Figure 31: Japan Photonics Market 2021-2028 (In $ Billion)
Figure 32: India Photonics Market 2021-2028 (In $ Billion)
Figure 33: South Korea Photonics Market 2021-2028 (In $ Billion)
Figure 34: Asean Countries Photonics Market 2021-2028 (In $ Billion)
Figure 35: Australia & New Zealand Photonics Market 2021-2028 (In $ Billion)
Figure 36: Rest of Asia-Pacific Photonics Market 2021-2028 (In $ Billion)
Figure 37: Brazil Photonics Market 2021-2028 (In $ Billion)
Figure 38: Mexico Photonics Market 2021-2028 (In $ Billion)
Figure 39: Rest of Latin America Photonics Market 2021-2028 (In $ Billion)
Figure 40: United Arab Emirates Photonics Market 2021-2028 (In $ Billion)
Figure 41: Saudi Arabia Photonics Market 2021-2028 (In $ Billion)
Figure 42: Turkey Photonics Market 2021-2028 (In $ Billion)
Figure 43: South Africa Photonics Market 2021-2028 (In $ Billion)
Figure 44: Rest of Middle East & Africa 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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