Press release
Photonics Market: Competitive Dynamics & Global Outlook 2023
Photonics is one of the fastest growing high-tech industries in the world today. It includes optical communications (e.g., fiber optics, lasers, and infrared links), optical imaging (e.g., spy and weather satellites, night vision, holography, flat screen display, and CCD video cameras), optical data storage and optical computing (e.g., CD's and DVD's), optical detectors (e.g., supermarket scanners, medical optics, and nondestructive evaluation of materials), lasers (e.g., welding lasers, laser surgery, laser shows, and laser rangefinders), spectroscopy (e.g., chemical and biological detection, anti-terror detection) and quantum optics (e.g., quantum teleportation, quantum cryptography, and single-photon optics).LPI (LP Information)' newest research report, the "Photonics Industry Forecast" looks at past sales and reviews total world Photonics sales in 2022, providing a comprehensive analysis by region and market sector of projected Photonics sales for 2023 through 2029. With Photonics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photonics industry.
This Insight Report provides a comprehensive analysis of the global Photonics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Photonics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Photonics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photonics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Photonics.
The global Photonics market size is projected to grow from US$ 647380 million in 2022 to US$ 1022190 million in 2029; it is expected to grow at a CAGR of 6.7% from 2023 to 2029.
The major players in global Photonics market include Coherent, IPG Photonics, Finisar Corporation, etc., and the market concentration rate is low. Asia-Pacific and North America are main markets, they occupy about 80% of the global market. Lasers is the main type, with a share about 30%. Displays is the main application, which holds a share about 20%.
This report presents a comprehensive overview, market shares, and growth opportunities of Photonics market by product type, application, key players and key regions and countries.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Photonics market?
What factors are driving Photonics market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Photonics market opportunities vary by end market size?
How does Photonics break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/455053/photonics-outlook-2029
Strategic Points Covered in TOC:
Chapter 1: Scope of Photonics, Research Methodology, etc.
Chapter 2: Executive Summary, global Photonics market size (sales and revenue) and CAGR, Photonics market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: Photonics sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global Photonics sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Photonics market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of Photonics.
Chapter 14: Research Findings and Conclusion
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