Global Photonics Market: Industry Analysis and Forecast (2020-2026) – by Type, Application, End-use Industry, and Region.

Global Photonics Market size is expected to reach US$ XXMn by 2026 from US$ XXMn in 2019, at a CAGR of 7.8% during the forecast period. The report focuses on Photonics market value at the top regions and countries of the world, which shows a regional development, including market size, share, revenue, and much more across the globe. The report has covered, capacity, production value, cost/profit, and supply/demand by statistical analysis. A brief analysis of drivers, restraints, opportunities, and challenges in the market is also covered with examples by region. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. It also has covered the analysis of key player’s growth strategies, micro and macro analysis of markets, key developments, and key trends in the market.

Global Photonics Market Dynamics:

The growth of optics has touched its peak with highly progressive modern lasers gradually replacing traditional electric bulbs & primitive lamps. New photonic-enabled connected services & products are expected to be introduced and have positive effects on organizational as well as customer activities. The rise of flat-screen displays & the growing use of the photonic-enabled high-speed internet has considerably transformed the dynamics of the market. The emerging trend in the photonic industry is the commercialization of eco-friendly photonic-based renewable energy sources, like solar cells. Although other developments, like flexible PV-based on plastic electronics, compromise lower efficiencies, they are expected to decrease the procurement cost, thus leading to the mass usage of solar cells on the exterior cladding of buildings, cars, & clothing. On the other hand, high initial investments related to photonic-enabled technologies are expected to challenge the market development during the forecast period (2020-2026). Also, technological obsolescence & increasing demand for counterfeit technology are likely to control the market development in the future.

Global Photonics Market Segment Overview:

LED application segment is expected to hold the largest market share of the global market by 2026. High brightness LEDs are transforming the lighting industry and are expected to drive the market for LEDs during the forecast period. The emerging trend in the sector is the integration of LEDs with television backlights and mobile phones to boost their lighting, display, as well as energy efficiency. These products are dangerous for the further progress of a low carbon economy. Global Photonics Market by Application To know about the Research Methodology :- Request Free Sample Report

Global Photonics Market Regional Insights:

North America is expected to hold the largest market share of XX% by 2026, thanks to the growing adoption of progressive next-generation technologies in North America. The development in the U.S. can be attributed to growing government funding in the R&D and applications of laser optics & photonic-enabled technology. Extensive investments from the U.S. government to work on the growth of innovative lasers for military applications are supposed to drive industry development over the estimated period (2020-2026). Europe held the largest market share of the global market in 2019, because member states through the region have formed a long-term binder to Public-Private Partnership (PPP) to lead to a competitive photonics manufacturing in Europe. Europe is gradually establishing pilot production services for research institutes & industries to work on the growth of innovative photonics-based component production developments. Asia-Pacific is expected to grow at the highest CAGR of XX% during the forecast period. This growth is attributed to advancements in the key manufacturer with recent developments. For example, On Feb 12, 2020, Amada (India) Pvt. Ltd. launched a new LASER technology machine ENSIS. It is a 9kw laser fiber machine. The machine controls the beam with beam modulation and can be used to cut thick metals by beam modulation. The objective of the report is to present a comprehensive analysis of the Global Photonics Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Photonics Market dynamics, structure by analyzing the market segments and project the Global Photonics Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Photonics Market make the report investor’s guide.

Global Photonics Market Scope: Inquire before buying

Global Photonics Market by Scope

Global Photonics Market, by Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Global Photonics Market Key Players

• American Elements • Asahi Glass Company • Corning, Inc. • Hoya Corporation • II-VI Inc. • Koninklijke Philips N.V. • Nikon Corporation • Ohara Corporation • Schott AG • Shin-Etsu Chemical Co., Ltd. • Signify • Magic Leap, Inc. • Providence Photonics, LLC • FLIR Systems, Inc. • Thorlabs, Inc. • Halma PLC • IPG Photonics Corporation • greenTEG AG • Orange Photonics, Inc. • Teem Photonics • Others
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Photonics Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Photonics Market 3.4. Geographical Snapshot of the Photonics Market, By Manufacturer share 4. Global Photonics Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Photonics Market 5. Supply Side and Demand Side Indicators 6. Global Photonics Market Analysis and Forecast, 2019-2026 6.1. Global Photonics Market Size & Y-o-Y Growth Analysis. 7. Global Photonics Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 7.1.1. LED 7.1.2. Laser, Sensor, Detectors & Imaging Devices 7.1.3. Optical Communication Systems & Components 7.1.4. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 7.2.1. Measurement & Image Processing 7.2.2. Communication 7.2.3. Information Technology 7.2.4. Display 7.2.5. Lighting 7.2.6. Defense & Security 7.2.7. Optical Components & Systems 7.2.8. Photovoltaic 7.2.9. Production Technology 7.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 7.3.1. Medical 7.3.2. Industrial 7.3.3. Defense 7.3.4. Consumer Electronics 7.3.5. Media & Telecommunication 7.3.6. Others 8. Global Photonics Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Photonics Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 9.1.1. LED 9.1.2. Laser, Sensor, Detectors & Imaging Devices 9.1.3. Optical Communication Systems & Components 9.1.4. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 9.2.1. Measurement & Image Processing 9.2.2. Communication 9.2.3. Information Technology 9.2.4. Display 9.2.5. Lighting 9.2.6. Defense & Security 9.2.7. Optical Components & Systems 9.2.8. Photovoltaic 9.2.9. Production Technology 9.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 9.3.1. Medical 9.3.2. Industrial 9.3.3. Defense 9.3.4. Consumer Electronics 9.3.5. Media & Telecommunication 9.3.6. Others 10. North America Photonics Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Photonics Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 11.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 12. Canada Photonics Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 12.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 13. Mexico Photonics Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 13.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 14. Europe Photonics Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 14.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 15. Europe Photonics Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Photonics Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 16.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 17. France Photonics Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 17.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 18. Germany Photonics Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 18.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 19. Italy Photonics Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 19.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 20. Spain Photonics Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 20.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 21. Sweden Photonics Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 21.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 22. CIS Countries Photonics Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 22.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 23. Rest of Europe Photonics Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 23.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 24. Asia Pacific Photonics Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 24.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 25. Asia Pacific Photonics Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Photonics Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 26.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 27. India Photonics Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 27.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 28. Japan Photonics Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 28.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 29. South Korea Photonics Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 29.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 30. Australia Photonics Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 30.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 31. ASEAN Photonics Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 31.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 32. Rest of Asia Pacific Photonics Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 32.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 33. Middle East Africa Photonics Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 33.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 34. Middle East Africa Photonics Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Photonics Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 35.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 36. GCC Countries Photonics Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 36.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 37. Egypt Photonics Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 37.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 38. Nigeria Photonics Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 38.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 39. Rest of ME&A Photonics Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 39.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 40. South America Photonics Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 40.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 41. South America Photonics Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Photonics Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 42.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 43. Argentina Photonics Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 43.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 44. Rest of South America Photonics Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 44.3. Market Size (Value) Estimates & Forecast By End-use Industry, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Photonics Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. American Elements 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Asahi Glass Company 45.3.3. Corning, Inc. 45.3.4. Hoya Corporation 45.3.5. II-VI Inc. 45.3.6. Koninklijke Philips N.V. 45.3.7. Nikon Corporation 45.3.8. Ohara Corporation 45.3.9. Schott AG 45.3.10. Shin-Etsu Chemical Co., Ltd. 45.3.11. Signify 45.3.12. Magic Leap, Inc. 45.3.13. Providence Photonics, LLC 45.3.14. FLIR Systems, Inc. 45.3.15. Thorlabs, Inc. 45.3.16. Halma plc 45.3.17. IPG Photonics Corporation 45.3.18. greenTEG AG 45.3.19. Orange Photonics, Inc. 45.3.20. Teem Photonics 45.3.21. Others 46. Primary Key Insights

About This Report

Report ID 363
Category Electronics
Published Date Oct 2020
Updated Date April 2021
Contact Us