Photonics Market is Valued at USD 590.35 Million in 2017 and will reach USD 928.51 Million by the end of 2025, CAGR of 7.84% | Hamamatsu Photonics KK, Intel, HP, IBM, Molex, Infiner, 3S Photonics SAS, Innolume GmbH

Marketprognosis.com Publish a New Market Research Report On “Global Photonics Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Photonics Market:

The Global Photonics Market was valued at USD 590.35 Million in 2017, and is expected to reach a value of USD 928.51 Million by 2023, at a CAGR of 7.84% over the forecast period (2018 - 2023). The scope of the photonics market has been segmented based on application and region.

The application type segment includes safety & defense technologies, automation & measurement systems, production technology, information technology, photonic servers & routers, iometrics, life sciences & medical technology, optical communications, wireless communication & sensor networks, and light sources (photovoltaic) among others. Other applications considered in the scope include traffic, environment, research and education, etc. The regional landscape of the report includes North America, Europe, Asia-Pacific, and Rest of the World.

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Growing Adoption of Photonics is Replacing Semiconductor and Conductor Industry; Silicon photonics is an evolving branch of photonics offering clear advantage over electric conductors used in semiconductors, which are used in high-speed transmission systems. This technology is expected to push the transmission speeds up to 100 Gbps, with companies, such as IBM, Intel, and Kothura achieving breakthroughs using the technology. Intel optical transceivers developed using silicon photonics are being deployed for 100G connectivity. This technology is revolutionizing the semiconductor industry, enabling high-speed data transfer and processing.

Image Capturing & Display Captures the Major Market Share Among Other Applications; Image capturing & display deals with a broad palette of interrelated photonics technologies. The market share of LED technology is rapidly growing, and it is anticipated to become the dominant lighting technology before the end of the decade. This revolution in technology allowed the business to shift from light sources to intelligent lighting solutions. The evolvement of photonics has resulted in a steady increase in the performance of both OPV and OLED technologies, which is expected to drive the market during the forecast period.

US Occupies the Major Market Share Among Other Regions; The growth in the photonics market in the United States strongly correlates with the growth of parent markets, such as lighting, safety & defense applications, and healthcare and production technology. Similarly, the country leads the data center hardware market, which remains one of the major applications for photonics, with around one-third of the overall market share. The United States has the highest concentration of photonics-based application companies, with more than 35% accounting for the highest revenues in this segment, which are the primary reasons for market growth in the country.

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Major Key Players:

1 Hamamatsu Photonics KK

2 Intel Corp

3 Hewlett-Packard Company

4 IBM Corporation

5 Molex Inc. (Koch Industries)

6 Infinera Corporation.

7 3S Photonics SAS

8 Innolume GmbH

9 Finisar Corporation and More…………….

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

3 Which are the leading market products, applications & regions and how will they perform by 2023?

4 What are the technologies & innovation trends, how will they evolve by 2023?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Photonics Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Global Photonics Market - Segmentation

6 Competitive Intelligence Company Profiles

7 Investment Analysis

8 Outlook of the Advanced Authentication Market in the Financial Service Industry

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