HOME Top Market Reports Photonics Market by Product Type (LED and Lasers, Detectors, Sensors & Imaging Devices), Application (ICT and Production Tech.), End-Use Industry (Media, Broadcasting & Telecommunication and Consumer & Business Automation) - Global Forecast to 2022

Photonics Market by Product Type (LED and Lasers, Detectors, Sensors & Imaging Devices), Application (ICT and Production Tech.), End-Use Industry (Media, Broadcasting & Telecommunication and Consumer & Business Automation) - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: November 2017
Report Code: CH 4590

 

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The photonics market is projected to grow from USD 489.94 Billion in 2016 to USD 795.54 Billion by 2022, at a CAGR of 8.4% during the forecast period. The base year considered for this study on the photonics market is 2016, while the forecast period is between 2017 and 2022.

Objectives of the report are as follows:

  • To define and segment the photonics market on the basis of product type, application, end-use industry, and region
  • To provide detailed information regarding the major factors drivers, restraints, opportunities, and challenges influencing the growth of the photonics market
  • To analyze and forecast the size of the photonics market, in terms of value
  • To analyze the segmentation and project the size of the photonics market, in terms of value for five key regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa
  • To strategically profile the key players operating in the photonics market
  • To analyze competitive developments, such as new product launches, expansions, mergers & acquisitions, and partnerships & agreements taking place in the photonics market

Both, top-down and bottom-up approaches have been used to estimate and validate the size of the photonics market, and to determine the sizes of various other dependent submarkets. The research study that has been employed involved the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and other government and private websites to identify and collect information useful for the technical, market-oriented, and commercial study of the photonics market.

Photonics Market

To know about the assumptions considered for the study, download the pdf brochure

Philips (Netherlands), Schott (Germany), Nikon Corporation (Japan), Shin-Etsu Chemical Company (Japan), Hoya Corporation (Japan), Corning (US), Asahi Glass Company (Japan), II-VI Inc. (US), Ohara Inc. (Japan), and American Elements (US) are the key players operating in the photonics market.

Key Target Audience:

  • Suppliers of Raw Materials
  • Manufacturers of Photonics
  • Traders, Distributors, and Suppliers of Photonics products & services
  • Government & Regional Agencies, Research Organizations, and Investors related to Photonics

Scope of the Report:

This research report categorizes the photonics market on the basis of product type, application, end-user industry, and region.

Photonics Market, by Product Type:

  • LED
  • Lasers, Detectors, Sensors, & Imaging Devices
  • Optical Communication Systems & Components
  • Consumer Electronics & Devices
  • Others

Photonics Market, by Application:

  • Displays
  • Information & Communication Technology
  • Photovoltaic
  • Medical Technology & Life Sciences
  • Measurement & Automated Vision
  • Lighting
  • Production Technology
  • Others

Photonics Market, by End-Use Industry:

  • Building & Construction
  • Media, Broadcasting & Telecommunication
  • Consumer & Business Automation
  • Medical
  • Safety & Defense
  • Industrial
  • Others

Photonics Market, by Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

The market has been further analyzed for the key countries in each of these regions.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific needs of the companies. The following customization options are available for the report:

Regional Analysis:

  • Further breakdown of the regional photonics market into key countries

Company Information:

  • Detailed analysis and profiles of additional market players

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Opportunities in the Photonics Market
    4.2 Photonics Market Size, By Application
    4.3 APAC Photonics Market Share, By Application and Country
    4.4 Photonics Market Size, By Product Type

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Need for Energy Efficient Products
                    5.2.1.2 Increasing Adoption of Photonics Products in Various Applications
           5.2.2 Restraints
                    5.2.2.1 Stringent Environmental Regulations Hampering Performance of Photonics Products
           5.2.3 Opportunities
                    5.2.3.1 Technological Advancements Leading to New Innovative Avenues
           5.2.4 Challenges
                    5.2.4.1 High Cost of Photonics Enabled Products and Services
                    5.2.4.2 Stiff Competition in the Market
    5.3 Porter’s Five Forces Analysis
           5.3.1 Bargaining Power of Suppliers
           5.3.2 Threat of New Entrants
           5.3.3 Threat of Substitutes
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry

6 Photonics Market, By Product Type (Page No. - 40)
    6.1 Introduction
    6.2 LED
    6.3 Lasers, Sensors, Detectors & Imaging Devices
    6.4 Optical Communication Systems & Components
    6.5 Consumer Electronics & Devices
    6.6 Others

7 Photonics Market, By Application (Page No. - 46)
    7.1 Introduction
    7.2 Displays
           7.2.1 Display in Mobile Devices
           7.2.2 Display in Television
    7.3 Information & Communication Technology
           7.3.1 Data Transmission
           7.3.2 Data Storage
    7.4 Photovoltaic
    7.5 Medical Technology & Life Sciences
           7.5.1 Photonics in Medical Diagnosis
           7.5.2 Photonics in Surgeries
    7.6 Measurement & Automated Vision
           7.6.1 Measuring Instruments
           7.6.2 Automated Vision
    7.7 Lighting
           7.7.1 CFLS
           7.7.2 LEDs
    7.8 Production Technology
    7.9 Others

8 Photonics Market, By End-Use Industry (Page No. - 56)
    8.1 Introduction
    8.2 Building & Construction
    8.3 Media, Broadcasting & Telecommunication
    8.4 Consumer & Business Automation
    8.5 Medical
    8.6 Security & Defense
    8.7 Industrial
    8.8 Others

9 Photonics Market, By Region (Page No. - 65)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
           9.2.3 Mexico
    9.3 Europe
           9.3.1 Germany
           9.3.2 France
           9.3.3 Netherlands
           9.3.4 UK
           9.3.5 Italy
           9.3.6 Switzerland
           9.3.7 Rest of Europe
    9.4 APAC
           9.4.1 Japan
           9.4.2 China
           9.4.3 South Korea
           9.4.4 India
           9.4.5 Taiwan
           9.4.6 Rest of APAC
    9.5 Middle East & Africa
           9.5.1 Saudi Arabia
           9.5.2 South Africa
           9.5.3 Rest of Middle East & Africa
    9.6 South America
           9.6.1 Brazil
           9.6.2 Argentina
           9.6.3 Rest of South America

10 Competitive Landscape (Page No. - 112)
     10.1 Overview
     10.2 Competitive Situation and Trends
             10.2.1 Expansions
             10.2.2 New Product Developments
             10.2.3 Mergers & Acquisitions

11 Company Profiles (Page No. - 115)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     11.1 Philips
     11.2 Schott
     11.3 Shin-ETSU Chemical
     11.4 Nikon
     11.5 Hoya
     11.6 Corning
     11.7 American Elements
     11.8 Ohara
     11.9 Asahi Glass
     11.10 II-VI
     11.11 Other Market Players
             11.11.1 Huawei Technologies
             11.11.2 Cisco Systems
             11.11.3 Coherent
             11.11.4 Trumpf Group
             11.11.5 General Electric Company
             11.11.6 Toshiba Medical
             11.11.7 Hitachi
             11.11.8 Emerson
             11.11.9 Siemens
             11.11.10 LG Display
             11.11.11 Samsung Electronics
             11.11.12 Innolux
             11.11.13 Osram Licht
             11.11.14 Trina Solar
             11.11.15 IPG Photonics

*Details Might Not Be Captured in Case of Unlisted Companies

12 Appendix (Page No. - 146)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Introducing RT: Real Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details


List of Tables (94 Tables)

Table 1 Photonics Market Size, By Type, 2015–2022 (USD Billion)
Table 2 LED Market Size, By Region,2015–2022 (USD Billion)
Table 3 Lasers, Sensors, Detectors & Imaging Devices Market Size, By Region, 2015–2022 (USD Billion)
Table 4 Optical Communication Systems & Components Market Size, By Region, 2015–2022 (USD Billion)
Table 5 Consumer Electronics & Devices Market Size, By Region, 2015–2022 (USD Billion)
Table 6 Other Products Market Size, By Region,2015–2022 (USD Billion)
Table 7 Photonics Market Size, By Application, 2015–2022 (USD Billion)
Table 8 Photonics Market Size in Displays, By Region,2015–2022 (USD Billion)
Table 9 Photonics Market Size in Information & Communication Technology, By Region, 2015–2022 (USD Billion)
Table 10 Photonics Market Size in Photovoltaic , By Region, 2015–2022 (USD Billion)
Table 11 Photonics Market Size in Medical Technology & Life Sciences, By Region, 2015–2022 (USD Billion)
Table 12 Photonics Market Size in Measurement & Automated Vision, By Region, 2015–2022 (USD Billion)
Table 13 Photonics Market Size in Lighting, By Region,2015–2022 (USD Billion)
Table 14 Photonics Market Size in Production Technology, By Region, 2015–2022 (USD Billion)
Table 15 Photonics Market Size in Other Applications, By Region, 2015–2022 (USD Billion)
Table 16 Photonics Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 17 Photonics Market Size in Building & Construction, By Region, 2015–2022 (USD Billion)
Table 18 Photonics Market Size in Media, Broadcasting & Telecommunication, By Region, 2015–2022, (USD Billion)
Table 19 Photonics Market Size in Consumer & Business Automation, By Region, 2015–2022 (USD Billion)
Table 20 By Market Size in Medical, By Region, 2015–2022 (USD Billion)
Table 21 By Market Size in Security & Defense, By Region, 2015–2022 (USD Billion)
Table 22 By Market Size in Industrial, By Region, 2015–2022 (USD Billion)
Table 23 By Market Size in Other End-Use Industries, By Region, 2015–2022 (USD Billion)
Table 24 By Market Size, By Region, 2015–2022 (USD Billion)
Table 25 By Market Size, By Product Type, 2015–2022 (USD Billion)
Table 26 By Market Size, By Application, 2015–2022 (USD Billion)
Table 27 By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 28 North America: Photonics Market Size, By Country, 2015–2022 (USD Billion)
Table 29 North America: By Market Size, By Product Type, 2015–2022 (USD Billion)
Table 30 North America: By Market Size, By Application, 2015–2022 (USD Billion)
Table 31 North America: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 32 US: By Market Size, By Application, 2015–2022 (USD Billion)
Table 33 US: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 34 Canada: Photonics Market Size, By Application, 2015–2022 (USD Billion)
Table 35 Canada: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 36 Mexico: By Market Size, By Application, 2015–2022 (USD Billion)
Table 37 Mexico: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 38 Europe: By Market Size, By Country, 2015–2022 (USD Billion)
Table 39 Europe: By Market Size, By Product Type, 2015–2022 (USD Billion)
Table 40 Europe: By Market Size, By Application, 2015–2022 (USD Billion)
Table 41 Europe: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 42 Germany: By Market Size, By Application, 2015–2022 (USD Billion)
Table 43 Germany: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 44 France: By Market Size, By Application, 2015–2022 (USD Billion)
Table 45 France: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 46 Netherlands: By Market Size, By Application, 2015–2022 (USD Billion)
Table 47 Netherlands: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 48 UK: Photonics Market Size, By Application, 2015–2022 (USD Billion)
Table 49 UK: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 50 Italy: By Market Size, By Application, 2015–2022 (USD Billion)
Table 51 Italy: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 52 Switzerland: Photonics Market Size, By Application, 2015–2022 (USD Billion)
Table 53 Switzerland: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 54 Rest of Europe: By Market Size, By Application, 2015–2022 (USD Billion)
Table 55 Rest of Europe: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 56 APAC: By Market Size, By Country, 2015–2022 (USD Billion)
Table 57 APAC: By Market Size, By Product Type, 2015–2022 (USD Billion)
Table 58 APAC: By Market Size, By Application, 2015–2022 (USD Billion)
Table 59 APAC: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 60 Japan: Photonics Market Size, By Application, 2015–2022 (USD Billion)
Table 61 Japan: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 62 China: By Market Size, By Application, 2015–2022 (USD Billion)
Table 63 China: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 64 South Korea: By Market Size, By Application, 2015–2022 (USD Billion)
Table 65 South Korea: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 66 India: By Market Size, By Application, 2015–2022 (USD Billion)
Table 67 India: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 68 Taiwan: By Market Size, By Application, 2015–2022 (USD Billion)
Table 69 Taiwan: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 70 Rest of APAC: By Market Size, By Application, 2015–2022 (USD Billion)
Table 71 Rest of APAC: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 72 Middle East & Africa: Photonics Market Size, By Country, 2015–2022 (USD Billion)
Table 73 Middle East & Africa: By Market Size, By Product Type, 2015–2022 (USD Billion)
Table 74 Middle East & Africa: By Market Size, By Application, 2015–2022 (USD Billion)
Table 75 Middle East & Africa: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 76 Saudi Arabia: By Market Size, By Application, 2015–2022 (USD Billion)
Table 77 Saudi Arabia: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 78 South Africa: By Market Size, By Application, 2015–2022 (USD Billion)
Table 79 South Africa: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 80 Rest of Middle East & Africa: By Market Size, By Application, 2015–2022 (USD Billion)
Table 81 Rest of Middle East & Africa: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 82 South America: Photonics Market Size, By Country, 2015–2022 (USD Billion)
Table 83 South America: By Market Size, By Product Type, 2015–2022 (USD Billion)
Table 84 South America: By Market Size, By Application, 2015–2022 (USD Billion)
Table 85 South America: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 86 Brazil: By Market Size, By Application, 2015–2022 (USD Billion)
Table 87 Brazil: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 88 Argentina: By Market Size, By Application, 2015–2022 (USD Billion)
Table 89 Argentina: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 90 Rest of South America: By Market Size, By Application, 2015–2022 (USD Billion)
Table 91 Rest of South America: By Market Size, By End-Use Industry, 2015–2022 (USD Billion)
Table 92 Expansions, 2013-1017
Table 93 New Product Developments, 2013–2017
Table 94 Mergers & Acquisitions, 2013–2017


List of Figures (37 Figures)

Figure 1 Photonics Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Data Triangulation: Photonics Market
Figure 5 LED Accounted for Largest Share of Photonics Market During Forecast Period
Figure 6 Information & Communication Technology to Be Largest Application Segment of Photonics Between 2017 and 2022
Figure 7 Media, Broadcasting & Telecommunication End-Use Industry Segment to Lead Photonics Market Between 2017 and 2022
Figure 8 APAC Accounted for Largest Share of Photonics Market in 2016
Figure 9 Increasing Demand From Displays, Information & Communication Technology and Lighting to Drive the Photonics Market
Figure 10 Information & Communication Technology to Be the Largest Application in Photonics Market During Forecast Period
Figure 11 Displays to Be Largest Application of Photonics Market in APAC
Figure 12 LED to Account for Largest Market Share During Forecast Period
Figure 13 Photonics: Market Dynamics
Figure 14 Porter’s Five Forces Analysis
Figure 15 LED Accounted for Largest Share of Photonics Market in 2016
Figure 16 Lasers, Detectors, Sensors & Imaging Devices Projected to Be Fastest-Growing Segment of Photonics Market During Forecast Period
Figure 17 Information & Communication Technology Accounted for Largest Share of Overall Photonics Market in 2016
Figure 18 Media, Broadcasting & Telecommunication Was Largest End-Use Industry of Photonics in 2016
Figure 19 Emerging Markets are New Strategic Locations for Rapid Growth
Figure 20 North America Market Snapshot: Information & Communication Technology Accounts for Largest Consumption (2017–2022)
Figure 21 European Market Snapshot: Germany Dominates Market in Europe
Figure 22 APAC Market Snapshot: China Witnessing High Consumption of Photonics (2017–2022)
Figure 23 Companies Adopted New Product Development as Key Growth Strategy Between 2013 and 2017
Figure 24 Philips: Company Snapshot
Figure 25 Philips: Company Snapshot
Figure 26 Schott: Company Snapshot
Figure 27 Schott: SWOT Analysis
Figure 28 Shin-ETSU Chemical: Company Snapshot
Figure 29 Shin-ETSU Chemical: SWOT Analysis
Figure 30 Nikon: Company Snapshot
Figure 31 Nikon: SWOT Analysis
Figure 32 Hoya: Company Snapshot
Figure 33 Hoya: SWOT Analysis
Figure 34 Corning: Company Snapshot
Figure 35 Ohara: Company Snapshot
Figure 36 Asahi Glass: Company Snapshot
Figure 37 II-VI: Company Snapshot

Photonics is defined as the science and technology of generating, controlling, and detecting photons, which are particles of light. The applications of photonics include displays, information & communication technology, photovoltaic, medical technology & life sciences, measurement & automated vision, lighting, and production technology, among others. The photonics market is projected to grow from USD 530.52 Billion in 2017 to USD 795.54 Billion by 2022, at a CAGR of 8.4% from 2017 to 2022.

On the basis of end-use industry, the media, broadcasting & telecommunication segment accounted for the largest share of the photonics market in 2016, and this trend is expected to continue during the forecast period. Photonics is used in this segment for communication, data storage, and data sharing purposes. The use of photonics products has significantly increased the speed of internet and the quality of voice calling.

Photonics Market

Asia Pacific accounted for the largest share of the photonics market in 2016, and the market in this region is also projected to grow at the highest CAGR during the forecast period. China is expected to account for the largest share of the Asia Pacific photonics market by 2022, with India registering the fastest growth rate during the forecast period. Japan is home to prominent photonics companies, such as Nikon Corporation, Shin-Etsu Chemical Company Limited, and Hoya Corporation. The US accounts for the highest demand of photonics in North America. All these factors have contributed to the high demand for photonics products around the globe.

Philips (Netherlands), Schott (Germany), Nikon Corporation (Japan), Shin-Etsu Chemical Company (Japan), Hoya Corporation (Japan), Corning (US), Asahi Glass Company (Japan), II-VI Inc. (US), Ohara Inc. (Japan), and American Elements (US) are the key companies manufacturing photonics products. These market players, with a strong foothold in the global market, have adopted growth strategies such as new product launches, expansions, and mergers & acquisitions to enhance their market shares and expand their distribution networks across the globe. These companies are also engaged in R&D activities to innovate and develop products that can open avenues for new applications. In February 2017, Philips launched its new GreenPower LED interlighting system. This system boosts yield, with sideways-facing LEDs focusing growth-stimulating light on the most vital parts of crops. Earlier, in March 2016, Philips launched its new range of products, which include DigiStreet, Philips Hue white ambiance, and Philips classic LED lighting systems, for offices, shops, streets, and homes.

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