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Global Photonics Market: By Type: LED, Lasers, Detectors, and Sensors and Imaging Devices, Optical Communication Systems and Components, Others; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Photonics Market Outlook
The global photonics market attained a value of nearly USD 597 billion in 2020. The photonics market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 7.5% to reach USD 921 billion by 2026.
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The rising demand for energy-efficient products and the increasing use of photonic products in different applications are the major drivers propelling the industry growth.
Global Photonics Market: Properties and Applications
Photonics refers to the science of light. It controls, detects, and produces photons and light waves that are light particles. Based on type, the photonics market can be divided into:
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- LED
- Lasers, Detectors, and Sensors, and Imaging Devices
- Optical Communication Systems and Components
- Consumer Electronics and Devices
- Others
The photonics market can be broadly categorised based on its applications into:
- Surveying and Detection
- Production Technology
- Data Communication
- Image Capture and Display
- Medical Technology
- Lighting
- Others
It finds its end-uses in the following segments:
- Building and Construction
- Media, Broadcasting and Telecommunication
- Consumer and Business Automation
- Medical
- Security and Defence
- Industrial
- Others
The EMR report looks into the regional photonics markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Global Photonics Market Analysis
The main driving force for the photonics market is its rising application in silicone-based photonics. For telecommunications and data centre applications, hybrid silicon lasers (silicon and group III-V semiconductor) are used, which benefit from luminous properties of III-V semiconductor materials. The technological progress of light-based technologies has driven the new wave of innovation by offering sustainable solutions to global obstacles recognized as a key driver for the global photonics market. However, the photonics market is likely to face challenges in the forecast period because of the heavy cost of applications of photonics products.
Global Photonics Market: Competitive Landscape
The report presents a detailed analysis of the following key players in the global photonics market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Schott AG
- Hamamatsu Photonics K.K.
- Nikon Corporation
- Hoya Corporation
- Corning Incorporated
- Ohara Corporation
- Intel Corporation
- Others
The EMR report gives an in-depth insight into the photonics market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, End Use, Region |
| Breakup by Type | LED |
| Breakup by Application | Surveying and Detection, Production Technology, Data Communication, Image Capture and Display, Medical Technology, Lighting, Others |
| Breakup by End Use | Building and Construction, Media, Broadcasting and Telecommunication, Consumer and Business Automation, Medical, Security and Defence, Industrial, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Schott AG, Nikon Corporation, Hoya Corporation, Corning Incorporated, Intel Corporation, Ohara Corporation, Hamamatsu Photonics K.K., Others. |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Photonics Market Analysis
8.1 Key Industry Highlights
8.2 Global Photonics Historical Market (2017-2021)
8.3 Global Photonics Market Forecast (2022-2027)
8.4 Global Photonics Market by Type
8.4.1 LED
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Laser, Detectors, and Sensors and Imaging Devices
8.4.2 Market Share
8.4.2 Historical Trend (2017-2021)
8.4.2 Forecast Trend (2022-2027)
8.4.3 Optical Communication Systems and Components
8.4.3 Market Share
8.4.3 Historical Trend (2017-2021)
8.4.3 Forecast Trend (2022-2027)
8.4.4 Consumer Electronics and Devices
8.4.4 Market Share
8.4.4 Historical Trend (2017-2021)
8.4.4 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Photonics Market by Application
8.5.1 Surveying and Detection
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Production Technology
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Data Communication
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Image Capture and Display
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Medical Technology
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Lighting
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2017-2021)
8.5.6.3 Forecast Trend (2022-2027)
8.5.7 Others
8.6 Global Photonics Market by End Use
8.6.1 Building and Construction
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Media, Broadcasting and Telecommunication
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Consumer and Business Automation
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Medical
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Security and Defense
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
8.6.6 Industrial
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2017-2021)
8.6.6.3 Forecast Trend (2022-2027)
8.6.7 Others
8.7 Global Photonics Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Schott AG
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Nikon Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Hoya Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Corning Incorporated
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Intel Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Ohara Corporation
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Hamamatsu Photonics K.K.
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Photonics Market: Key Industry Highlights, 2016 and 2026
2. Global Photonics Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Global Photonics Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global Photonics Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Photonics Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Photonics Historical Market: Breakup by End Use (USD Billion), 2017-2021
7. Global Photonics Market Forecast: Breakup by End Use (USD Billion), 2022-2027
8. Global Photonics Historical Market: Breakup by Region (USD Billion), 2017-2021
9. Global Photonics Market Forecast: Breakup by Region (USD Billion), 2022-2027
10. North America Photonics Historical Market: Breakup by Country (USD Billion), 2017-2021
11. North America Photonics Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Europe Photonics Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Europe Photonics Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Asia Pacific Photonics Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Asia Pacific Photonics Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Latin America Photonics Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Latin America Photonics Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Middle East and Africa Photonics Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Middle East and Africa Photonics Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Global Photonics Market Structure
Key Questions Answered in the Report
In 2020, the global photonics market attained a value of nearly USD 597 billion.
The market is projected to grow at a CAGR of 7.5% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 921 billion by 2026.
The major drivers of the industry, such as the rising demand for energy-efficient products and the increasing use of photonic products in diverse applications, are expected to aid the market growth.
The key market trend guiding the growth of the market includes the technological progress of light-based technologies, which offers sustainable solutions.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
LED, lasers, detectors, and sensors and imaging devices, optical communication systems and components, and consumer electronics and devices, among others, are the leading types of the product in the industry.
Surveying and detection, production technology, data communication, image capture and display, medical technology, and lighting, among others, are the significant application segments of the product.
Building and construction, media, broadcasting and telecommunication, consumer and business automation, medical, security and defence, and industrial, among others, are the major end uses of the product in the industry.
The major players in the industry are Schott AG, Nikon Corporation, Hoya Corporation, Intel Corporation, and Ohara Corporation, and Hamamatsu Photonics K.K., among others.
Analyst Review
The global photonics market attained a value of USD 597 billion in 2020, driven by the rising demand for energy-efficient products. Aided by the rising technological advancements, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 7.5%. The photonics market is projected to reach USD 921 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the photonics industry can be segmented into LED, lasers, detectors, and sensors and imaging devices, optical communication systems and components, and consumer electronics and devices, among others. On the basis of application, the industry is divided into surveying and detection, production technology, data communication, image capture and display, medical technology, lighting, and others. By end uses, the industry is categorised into building and construction, media, broadcasting and telecommunication, consumer and business automation, medical, security and defence, industrial, and others. The major regional markets for photonics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Schott AG, Nikon Corporation, Hoya Corporation, Corning Incorporated, Intel Corporation, Ohara Corporation, and Hamamatsu Photonics K.K., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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