Transparency Market Research (TMR) has announced the release of a new market study based on the global photonics market. The report estimates the market to expand at a CAGR of 5.8% between 2014 and 2020 and reach a value of US$765.89 billion by the end of the term. The market stood at US$509.75 billion in 2013.According to the report, titled “Photonics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, increase in the demand for highly capable and ... Read more
Transparency Market Research (TMR) has announced the release of a new market study based on the global photonics market. The report estimates the market to expand at a CAGR of 5.8% between 2014 and 2020 and reach a value of US$765.89 billion by the end of the term. The market stood at US$509.75 billion in 2013.According to the report, titled “Photonics Market – Global Industry Analysis, Size, Share, Growth ... Read more
TMR’s report offers a complete analysis of the global Photonics Market with an in-depth analysis of facets such as notable developments, challenges, and key trends. The report also focuses on the drivers propelling the growth of the global Photonics Market. This information can help readers understand the quantitative growth prospects of the market during the forecast period.
The photonics market was valued at $ 633.3 billion (USD) in 2018 and is expected to reach $ 11.11 billion (USD) in 2024, with a CAGR of 7.89% during the forecast period (2019-2024).
Photonics is a research field that uses radiant energy (such as light), which are photons and waves that can be used to treat diseases, explore the universe and solve crimes. The development of the market was stimulated by the development of the fiber optic field ... Read more
Photonics refers to the generation, manipulation, and detection of light and other forms of radiant energy, and it finds extensive applications in numerous industries such as telecommunications, healthcare, and consumer electronics. The advancements in photonics technology have led to improved efficiency, reliability, and cost-effectiveness, making it a preferred choice across various sectors. The growing demand for high-speed data transfer, increasing adoption of ... Read more
Photonics refers to the generation, emission, transmission, modulation, signal processing, amplification, switching, sensing and detection of light. Photonics products are increasingly being incorporated across various end-use industries such as telecommunications, healthcare, industrial, consumer electronics and defense sectors. One of the key trends in the photonics market is the increasing adoption of optical components in data centers. With the growth in cloud ... Read more
Photonics refers to the applied science of interacting with photons, which are the fundamental particles that carry light. Photonics technology enables many modern devices and systems like optical fiber, medical lasers, and night vision devices. It is finding widespread use in healthcare for imaging modalities like MRI, fiber optic communications enabling high-speed internet and 5G adoption, defense for observation and targeting systems, industrial manufacturing for laser cutting/welding, ... Read more
