openPR Logo
Press release

Photonics Market to Experience Strong Growth, Reaching US$ 1178.84 Bn by 2030

Photonics Market

Photonics Market

The ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at US$ 729.34 Bn. in 2023 and the total revenue is expected to grow at 7.1 % through 2024 to 2030, reaching nearly US$ 1178.84 Bn.

๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The photonics market encompasses the study and application of light, involving how optical signals and photons are created, regulated, and detected. It has extensive applications across various sectors, including life sciences, electronics, telecommunications, defense, and solar energy. The demand for photonics technologies has surged due to their role in advancing diagnostic imaging, particularly in healthcare, and enabling innovations in industries such as information technology, communication, and security. As technology advances, photonics' use in high-bandwidth communication, precision diagnostics, and the growing trend of miniaturization of devices continues to drive its market expansion.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/363/

๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

One of the key trends in the photonics market is the rapid adoption of light-emitting diodes (LEDs), especially high-brightness LEDs, which are revolutionizing the lighting sector. The integration of LEDs in mobile devices, televisions, and backlighting systems has gained momentum due to their superior energy efficiency, extended lifespan, and compact size. As environmental concerns push industries toward sustainable solutions, the demand for LEDs in energy-efficient applications, including street lighting and residential lighting, is anticipated to grow significantly. This trend not only promotes a low-carbon economy but also aligns with global efforts to reduce energy consumption.

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

A major driver for the photonics market is the rising demand for high-quality healthcare and diagnostic imaging technologies. As the world shifts toward early disease detection, the need for precise imaging techniques is accelerating. Photonics technologies, including lasers, sensors, and imaging devices, are integral to these innovations, offering higher resolution, speed, and accuracy in medical imaging systems. The healthcare sector's increasing reliance on photonics for diagnostics, surgery, and therapeutic applications is expected to continue driving the market's growth throughout the forecast period.

Another key driver is the increasing investment in silicon photonics research and development. Silicon photonics technologies, which combine the advantages of photonic and electronic systems, are gaining traction due to their superior performance in data communication and storage applications. Companies are investing heavily in R&D to develop photonic chips for data centers, telecommunications, and consumer electronics. The rise of 5G networks, coupled with the demand for faster and more efficient data transmission, further accelerates the adoption of photonic technologies. This growing emphasis on high-bandwidth communication and data transfer solutions is expected to sustain the market's positive growth trajectory.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/363/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ & ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ: ๐Š๐ž๐ฒ ๐Œ๐จ๐ฏ๐ž๐ฌ ๐€๐œ๐ซ๐จ๐ฌ๐ฌ ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐ž

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐๐š๐ซ๐ญ๐ง๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ
In Vietnam, VinaPhotonics has entered a major partnership with PicoTech Solutions to enhance R&D and production capabilities for laser optics. This merger aims to bring new innovations to the telecommunications sector, advancing optical fiber technology and contributing to regional growth.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐Œ๐š๐ฃ๐จ๐ซ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐›๐ฒ ๐“๐ž๐œ๐ก๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ๐ฌ ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž
TechPhotonics Singapore has acquired OptiLight Solutions to increase its market presence in light-emitting diodes (LED) technology. The acquisition is aimed at expanding product offerings for both industrial and consumer electronics sectors, focusing on energy-efficient solutions.

๐‰๐š๐ฉ๐š๐ง: ๐’๐ก๐š๐ซ๐ฉ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง ๐‚๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ž๐ฌ ๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ๐ฌ
Sharp Corporation, a major player in the photonics sector, has announced its merger with Nippon Optics Corporation. This strategic merger positions Sharp to become a leader in photonic devices, particularly in the development of 3D sensing technologies, for automotive and consumer electronics industries.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ ๐’๐ญ๐ซ๐ž๐ง๐ ๐ญ๐ก๐ž๐ง๐ฌ ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ๐ฌ ๐‚๐š๐ฉ๐š๐›๐ข๐ฅ๐ข๐ญ๐ข๐ž๐ฌ
Samsung Electronics has further solidified its position in the photonics market with the acquisition of PhotonEdge Technologies, a startup specializing in optical sensors for smartphones. The acquisition aims to enhance Samsung's product offerings in the mobile devices segment, improving image sensors and cameras.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž๐š๐ง ๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐ž๐ฌ: ๐„๐ฎ๐ซ๐จ๐ฉ๐ž๐š๐ง ๐‹๐ž๐š๐๐ž๐ซ๐ฌ ๐‚๐จ๐ฅ๐ฅ๐š๐›๐จ๐ซ๐š๐ญ๐ž ๐Ÿ๐จ๐ซ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง
ASML, a global leader in photolithography systems, has partnered with Trumpf GmbH of Germany to develop next-generation photonics solutions for semiconductor manufacturing. This collaboration will create highly efficient optical systems for precision engineering and semiconductor lithography.

๐”๐’๐€: ๐ˆ๐ง๐ญ๐ž๐ฅ'๐ฌ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐‹๐ข๐ ๐ก๐ญ๐–๐š๐ฏ๐ž ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ
In the USA, Intel Corporation has successfully acquired LightWave Technologies, a startup focused on developing photonic integrated circuits. This acquisition is seen as a major step toward advancing Intel's portfolio of data communication and high-speed internet technologies.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/363/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

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

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

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.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/photonics-market/363/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
LED Video Walls Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
LED Video Walls Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Power Supply Market https://www.maximizemarketresearch.com/market-report/global-power-supply-market/17144/

โ™ฆ Nonprofit Organizations Market https://www.maximizemarketresearch.com/market-report/nonprofit-organizations-market/134550/

โ™ฆ Retail Management System Software Market https://www.maximizemarketresearch.com/market-report/global-retail-management-system-software-market/73924/

โ™ฆ Global Spring Market https://www.maximizemarketresearch.com/market-report/spring-market/124371/

โ™ฆ Architectural Lighting Market https://www.maximizemarketresearch.com/market-report/global-architectural-lighting-market/103725/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Photonics Market to Experience Strong Growth, Reaching US$ 1178.84 Bn by 2030 here

News-ID: 3773035 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

Ultrafiltered Milk Market Valued at USD 8.36 Billion in 2024, Anticipated to Grow at 4.6% CAGR Through 2032
Ultrafiltered Milk Market Valued at USD 8.36 Billion in 2024, Anticipated to Gro โ€ฆ
The Ultrafiltered Milk Market size was valued at USD 8.36 Billion in 2024 and the total Ultrafiltered Milk revenue is expected to grow at a CAGR of 4.6% from 2025 to 2032, reaching nearly USD 11.99 Billion. Ultrafiltered Milk Market Overview: Ultrafiltered milk is gaining increasing attention in the dairy and functional food sectors thanks to its enhanced nutritional profile. Through a specialized membrane filtration process, ultrafiltration concentrates higher-molecular weight componentsโ€ฆ
Bath Towel Market to Grow from USD 10.46 Billion by 2032 at a CAGR of 6.7 %
Bath Towel Market to Grow from USD 10.46 Billion by 2032 at a CAGR of 6.7 %
The Bath Towel Market size reached USD 6.23 Bn in 2024 and is expected to reach USD 10.46 Bn by 2032, growing at a CAGR of 6.7 % during the forecast period. Bath Towel Market Overview: The bath towel industry is witnessing steady expansion, fueled by consumers' increasing focus on hygiene, comfort, and home aesthetics. High demand for plush, absorbent towels made of luxury materials such as Egyptian cotton, Turkish cotton,โ€ฆ
Carob Market to Reach USD 374.76 Million by 2032 Growing at a 5.3% CAGR
Carob Market to Reach USD 374.76 Million by 2032 Growing at a 5.3% CAGR
The global Carob Market was valued at USD 247.92 million in 2024 and is projected to reach USD 374.76 million by 2032, expanding at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2025 to 2032. Carob Market Overview: The carob market is experiencing significant growth, driven by its increasing popularity as a natural sweetener and plant-based alternative to chocolate. Derived from the seed pods of the carobโ€ฆ
Welding Electrode Market Expected To Reach USD 11.27 Bn by 2032
Welding Electrode Market Expected To Reach USD 11.27 Bn by 2032
The Welding Electrode Market size was valued at USD 5.70 Billion in 2024 and the total Welding Electrode revenue is expected to grow at a CAGR of 8.9 % from 2025 to 2032, reaching nearly USD 11.27 Billion. Welding Electrode Market Overview: The Welding Electrode Market is evolving as a critical segment within the global manufacturing and construction industries. Welding electrodes are essential consumables that enable reliable and efficient joining ofโ€ฆ

All 5 Releases


More Releases for Photonics

Photonics Market Report Analysis, Research Studies | 3SP Technologies S.A.S, Cor โ€ฆ
Photonics Industry Analysis, according DataM Intelligence. Although data provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future. Will the Photonics market emerge as the sector's next great thing? To discover the answer, look at the Photonics market analysis and projections. In-depth insight of theโ€ฆ
Hollow Core Bragg Layered Fiber Market Industry Development - NKT Photonics, Pho โ€ฆ
Global Hollow Core Bragg Layered Fiber Market shows a quantitative fundamental market analysis to provide users with the most recent market dynamics, current market overview, and predicted market growth status for the forecast period of 2023-2029. The report provides a brief overview of the global Hollow Core Bragg Layered Fiber market globally to help build all existing as well as new market players with graphics, tables, pie charts based onโ€ฆ
Supercontinuum Laser Source Market 2023 | Futuristic Trends- NKT Photonics, Leuk โ€ฆ
The Supercontinuum Laser Source market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Supercontinuum Laser Source report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period. The Supercontinuum Laser Source research report also provides insights of differentโ€ฆ
Photonics Market 2022 Insights with Statistics and Growth Prediction โ€“ Coheren โ€ฆ
The "Photonics" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Photonics Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production,โ€ฆ
Mid-infrared Lasers Market Share, Growth, Trends, and Forecast 2018 - 2026: Hama โ€ฆ
The report analyzes and presents an overview on "Mid-infrared Lasers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" worldwide. Mid- infrared Lasers Market: Overview This comprehensive report by Transparency Market Research analyzes and forecasts the mid-infrared lasers market at the global and regional level. The report provides an analysis over the period 2016โ€“2026, wherein 2018 to 2026 is the forecast period and the base year isโ€ฆ
Mid-infrared Lasers Market: Key Players - Hamamatsu Photonics ,IPG Photonics ,Ph โ€ฆ
This report researches the worldwide Mid-infrared Lasers market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Mid-infrared Lasers breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Mid-infraredโ€ฆ