Global Photonics Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our Researcher latest study, the global Photonics market size was valued at USD 680930 million in 2023 and is forecast to a readjusted size of USD 1038870 million by 2030 with a CAGR of 6.2% during review period.

Photonics is one of the fastest growing high-tech industries in the world today. It includes optical communications (e.g., fiber optics, lasers, and infrared links), optical imaging (e.g., spy and weather satellites, night vision, holography, flat screen display, and CCD video cameras), optical data storage and optical computing (e.g., CD’s and DVD’s), optical detectors (e.g., supermarket scanners, medical optics, and nondestructive evaluation of materials), lasers (e.g., welding lasers, laser surgery, laser shows, and laser rangefinders), spectroscopy (e.g., chemical and biological detection, anti-terror detection) and quantum optics (e.g., quantum teleportation, quantum cryptography, and single-photon optics).

The major players in global Photonics market include Coherent, IPG Photonics, Finisar Corporation, etc., and the market concentration rate is low. Asia-Pacific and North America are main markets, they occupy about 80% of the global market. Lasers is the main type, with a share about 30%. Displays is the main application, which holds a share about 20%.

The Researcher report includes an overview of the development of the Photonics industry chain, the market status of Consumer Electronics (Lasers, Waveguides), Displays (Lasers, Waveguides), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Photonics.

Regionally, the report analyzes the Photonics markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Photonics market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Photonics market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Photonics industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Lasers, Waveguides).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Photonics market.

Regional Analysis: The report involves examining the Photonics market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Photonics market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Photonics:

Company Analysis: Report covers individual Photonics players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Photonics This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Consumer Electronics, Displays).

Technology Analysis: Report covers specific technologies relevant to Photonics. It assesses the current state, advancements, and potential future developments in Photonics areas.

Competitive Landscape

: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Photonics market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Photonics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type

Lasers

Waveguides

Optical Modulators

Optical Interconnects

Filters

Photo Detectors

Amplifiers

Others

Market segment by Application

Consumer Electronics

Displays

Safety & Defense Technology

Communication

Metrology

Sensing

Medical & Healthcare

High-performance Computing

Others

Market segment by players, this report covers

Coherent, Inc

IPG Photonics

Finisar Corporation

Hamamatsu Photonics

Lumentum

II-VI Incorporated

Infinera Corporation

NeoPhotonics

Luxtera, Inc

3SP Technologies

Innolume GmbH

Genia Photonics, Inc

Redfern Integrated Optics

Market segment by regions, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Argentina and Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Photonics product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Photonics, with revenue, gross margin and global market share of Photonics from 2019 to 2024.

Chapter 3, the Photonics competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Photonics market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Photonics.

Chapter 13, to describe Photonics research findings and conclusion.