Photonics Market Size, Status, Top Players, Trends and Forecast to 2030
Photonics Market size was US$ 729.34 Bn in 2023 and is expected to reach US$ 1178.84 Bn by 2030, at a CAGR of 7.1% during the forecast period.
Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Photonics Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the market, with forecasts outspreading to the year 2030.
Market Scope:
The data required for the analysis was collected using primary and secondary data collection methods. Numerous methods, such as surveys and questionnaires, are used in the data collection process under primary method. Secondary sources includes articles, government publications, annual reports along with paid sources such as Bloomberg, Statista, D&B Hoovers for collecting data.
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Segmentation:
by Type
LED
Laser, Sensor, Detectors & Imaging Devices
Optical Communication Systems & Components
Others
by Application
Measurement & Image Processing
Communication
Information Technology
Display
Lighting
Defense & Security
Optical Components & Systems
Photovoltaic
Production Technology
by End-use Industry
Medical
Industrial
Defense
Consumer Electronics
Media & Telecommunication
Others
Key Players:
1.American Elements
2. Asahi Glass Company
3. Corning, Inc.
4. Hoya Corporation
5. II-VI Inc.
6. Koninklijke Philips N.V.
7. Nikon Corporation
8. Ohara Corporation
9. Schott AG
10. Shin-Etsu Chemical Co., Ltd.
11. Signify
12. Magic Leap, Inc.
13. Providence Photonics, LLC
14. FLIR Systems, Inc.
15. Thorlabs, Inc.
16. Halma PLC
17. IPG Photonics Corporation
18. greenTEG AG
19. Orange Photonics, Inc.
20. Teem Photonics
21. Hamamatsu Photonics KK
22. Intel Corporation
23. Alcatel-Lucent SA
Regional Analysis:
Individual market influencing variables and changes in market laws that affect present and future market trends are also included in the regional segment of the Photonics market study. Consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material pricing, and downstream and upstream value chain analysis are some of the primary factors utilized to anticipate market conditions for individual nations.
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Key Questions Answered in the Photonics Market Report are:
- What growth strategies are the players considering to increase their presence in Photonics?
- Who are the leading companies and what are their portfolios in Photonics Market?
- Who are the key players in the Photonics market?
- What is the CAGR at which the Photonics market will grow during the forecast period?
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