Global Photonics Market Size, Share, Forecast Report, 2020-2027

The global Photonics market garnered revenue around USD 681.80 Billion in 2019 and projected to reach USD 71136.49 Billion in 2027, with at a compound annual growth rate of 5.8% throughout the estimate period from 2020 to 2027.

Photonics refers to the technology and science of detecting, controlling, and generating photons. Photons are particles of light. Photonics is considered the science of light. The properties of photons and waves can be utilized in the exploration of a wide a range of things from the universe to find a cure for diseases to solution for a crime. Such extensive range of use is estimated to bolster growth of the global photonics market in the near future.

Scientists have been conducting studies on light for over a century now. The range of colors of the rainbow comprises only a very small part of the entire range of light wave, which is known as electromagnetic spectrum.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Photonics market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Photonics market growth.

The global Photonics market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

• Intel Corporation

• Hewlett-Packard Company

• Hamamatsu Photonics K.K.

• Finisar Corporation

• IBM Corp.

• Luxtera Inc.

• Infinera Corp.

• 3S Photonics S.A.S.

• Innolume GmbH

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Global Photonics Market: By Product

• Waveguides

• Optical Modulators

• Optical Interconnects


• Wavelength Division Multiplexer Filters

• Photo Detectors

• Lasers

• Amplifiers

• Others

Global Photonics Market: By Application

• Consumer Electronics

• Displays

• Safety and Defense Technology

• Communication

• Metrology

• Sensing

• Medical and Healthcare

• High Performance Computing

• Others

Global Photonics Market, By Geography:

• North America

o U.S.

o Canada

• Europe

o U.K.

o Italy

o Spain

o France

o Germany

o Rest Of Europe

• Asia Pacific

o China

o India


o Rest Of Asia Pacific

o Japan

• Latin America

o Brazil

o Mexico

o Rest of South America

• Middle East & Africa (MEA)


o South Africa

o Rest of MEA

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America

 U.S.

 Canada

• Europe

 Germany

 U.K.

 Italy

 France

 Rest of EU

• Asia Pacific

 China

 India

 Japan

 Southeast Asia

 Rest of APAC

• Central & South America

 Brazil

 Argentina

 Rest of Central & South America

• Middle East and Africa


 Saudi Arabia

 Rest of MEA