Global Photonics Market Analysis & Trends - Industry Forcast to 2028
The Global Photonics Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include increase usage of silicon photonics in semiconductors in high-speed transmission systems, demand for new and innovative technological advancements and rise in usage of silicon photonic devices for high-bandwidth, multi-channel, wavelength division multiplexed with effective optical communication.
By the product, the market is segregated into amplifiers, lasers, detectors, and sensors & imaging devices, light emitting diode (led), optical communication systems & components, optical inter connects, optical modulators, photo detectors, waveguides, wavelength division multiplexer filters and other product types.
Based on the application, the market is fragmented into communication, consumer electronics, data communication, display, image capture and display, information & communication technology, lighting, measurement & automated vision, medical technology & life sciences, metrology, photovoltaic, production technology, sensing, surveying and detection and other applications. Other applications are further segregated into research and traffic.
On the basis of end-user, the market is bifurcated into building & construction, consumer & business automation, industrial, media, broadcasting & telecommunication, medical, security & defense technology and other end-users. Building & construction is segmented into smart cities construction. Other end-users segment is segregated into eyewear industry and energy.
This industry report analyses the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants, and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub-segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- South Africa
- The report provides a detailed analysis of current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
- Market opportunities and recommendations for new investments
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