Photonics

Photonics

Global Photonics Market to Reach $970.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Photonics estimated at US$605.5 Billion in the year 2020, is projected to reach a revised size of US$970.5 Billion by 2027, growing at a CAGR of 7% over the analysis period 2020-2027. LED, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$86.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lasers, Sensors, Detectors & Imaging Devices segment is readjusted to a revised 6.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $178.8 Billion, While China is Forecast to Grow at 6.5% CAGR

The Photonics market in the U.S. is estimated at US$178.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$170.1 Billion by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.

Optical Communication Systems & Components Segment to Record 7.9% CAGR

In the global Optical Communication Systems & Components segment, USA, Canada, Japan, China and Europe will drive the 8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$126.2 Billion in the year 2020 will reach a projected size of US$215.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$112.1 Billion by the year 2027.We bring years of research experience to this 7th edition of our report. The 200-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • American Elements
  • Asahi Glass Co., Ltd.
  • Corning, Inc.
  • Hoya Corporation
  • II-VI, Inc.
  • Koninklijke Philips NV
  • Nikon Corporation
  • Ohara, Inc.
  • SCHOTT AG
  • Shin-Etsu Chemical Co., Ltd.


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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Photonics Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Photonics Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Photonics Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Photonics Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: LED (Product Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: LED (Product Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: LED (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Lasers, Sensors, Detectors & Imaging Devices (Product Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Lasers, Sensors, Detectors & Imaging Devices (Product Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: Lasers, Sensors, Detectors & Imaging Devices (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
TABLE 10: Optical Communication Systems & Components (Product Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 11: Optical Communication Systems & Components (Product Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
TABLE 12: Optical Communication Systems & Components (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
TABLE 13: Consumer Electronics & Devices (Product Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
TABLE 14: Consumer Electronics & Devices (Product Type) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
TABLE 15: Consumer Electronics & Devices (Product Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
TABLE 16: Other Product Types (Product Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 17: Other Product Types (Product Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 18: Other Product Types (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
TABLE 19: Building & Construction (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
TABLE 20: Building & Construction (End-Use) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2012 to 2019
TABLE 21: Building & Construction (End-Use) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
TABLE 22: Media, Broadcasting & Telecommunication (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
TABLE 23: Media, Broadcasting & Telecommunication (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
TABLE 24: Media, Broadcasting & Telecommunication (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 25: Consumer & Business Automation (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
TABLE 26: Consumer & Business Automation (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
TABLE 27: Consumer & Business Automation (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
TABLE 28: Medical (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 29: Medical (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
TABLE 30: Medical (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
TABLE 31: Security & Defense (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
TABLE 32: Security & Defense (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
TABLE 33: Security & Defense (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
TABLE 34: Other End-Uses (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 35: Other End-Uses (End-Use) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
TABLE 36: Other End-Uses (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Photonics Market Share (in %) by Company: 2019 & 2025
Market Analytics
TABLE 37: United States Photonics Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 38: Photonics Market in the United States by Product Type: A Historic Review in US$ Million for 2012-2019
TABLE 39: United States Photonics Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
TABLE 40: United States Photonics Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 41: Photonics Historic Demand Patterns in the United States by End-Use in US$ Million for 2012-2019
TABLE 42: Photonics Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027
CANADA
TABLE 43: Canadian Photonics Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 44: Canadian Photonics Historic Market Review by Product Type in US$ Million: 2012-2019
TABLE 45: Photonics Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027
TABLE 46: Canadian Photonics Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 47: Photonics Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 48: Canadian Photonics Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
JAPAN
TABLE 49: Japanese Market for Photonics: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 50: Photonics Market in Japan: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 51: Japanese Photonics Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
TABLE 52: Japanese Demand Estimates and Forecasts for Photonics in US$ Million by End-Use: 2020 to 2027
TABLE 53: Japanese Photonics Market in US$ Million by End-Use: 2012-2019
TABLE 54: Photonics Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027
CHINA
TABLE 55: Chinese Photonics Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 56: Photonics Historic Market Analysis in China in US$ Million by Product Type: 2012-2019
TABLE 57: Chinese Photonics Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
TABLE 58: Chinese Demand for Photonics in US$ Million by End-Use: 2020 to 2027
TABLE 59: Photonics Market Review in China in US$ Million by End-Use: 2012-2019
TABLE 60: Chinese Photonics Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European Photonics Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market Analytics
TABLE 61: European Photonics Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 62: Photonics Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 63: European Photonics Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 64: European Photonics Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 65: Photonics Market in Europe in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 66: European Photonics Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
TABLE 67: European Photonics Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 68: Photonics Market in Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 69: European Photonics Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
FRANCE
TABLE 70: Photonics Market in France by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 71: French Photonics Historic Market Scenario in US$ Million by Product Type: 2012-2019
TABLE 72: French Photonics Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
TABLE 73: Photonics Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
TABLE 74: French Photonics Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 75: French Photonics Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
GERMANY
TABLE 76: Photonics Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 77: German Photonics Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 78: German Photonics Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
TABLE 79: Photonics Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 80: German Photonics Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 81: Photonics Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
ITALY
TABLE 82: Italian Photonics Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 83: Photonics Historic Market Analysis in Italy in US$ Million by Product Type: 2012-2019
TABLE 84: Italian Photonics Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
TABLE 85: Italian Demand for Photonics in US$ Million by End-Use: 2020 to 2027
TABLE 86: Photonics Market Review in Italy in US$ Million by End-Use: 2012-2019
TABLE 87: Italian Photonics Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED KINGDOM
TABLE 88: United Kingdom Market for Photonics: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 89: Photonics Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 90: United Kingdom Photonics Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
TABLE 91: United Kingdom Demand Estimates and Forecasts for Photonics in US$ Million by End-Use: 2020 to 2027
TABLE 92: United Kingdom Photonics Market in US$ Million by End-Use: 2012-2019
TABLE 93: Photonics Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027
REST OF EUROPE
TABLE 94: Rest of Europe Photonics Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 95: Photonics Market in Rest of Europe in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 96: Rest of Europe Photonics Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
TABLE 97: Rest of Europe Photonics Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 98: Photonics Market in Rest of Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 99: Rest of Europe Photonics Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
ASIA-PACIFIC
TABLE 100: Photonics Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 101: Asia-Pacific Photonics Historic Market Scenario in US$ Million by Product Type: 2012-2019
TABLE 102: Asia-Pacific Photonics Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
TABLE 103: Photonics Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
TABLE 104: Asia-Pacific Photonics Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 105: Asia-Pacific Photonics Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
REST OF WORLD
TABLE 106: Rest of World Photonics Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 107: Rest of World Photonics Historic Market Review by Product Type in US$ Million: 2012-2019
TABLE 108: Photonics Market in Rest of World: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027
TABLE 109: Rest of World Photonics Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 110: Photonics Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 111: Rest of World Photonics Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 50

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