Press release
Photonics Market to Experience Strong Growth, Reaching US$ 1178.84 Bn by 2030
The ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ size was valued at US$ 729.34 Bn. in 2023 and the total revenue is expected to grow at 7.1 % through 2024 to 2030, reaching nearly US$ 1178.84 Bn.๐๐ก๐จ๐ญ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The photonics market encompasses the study and application of light, involving how optical signals and photons are created, regulated, and detected. It has extensive applications across various sectors, including life sciences, electronics, telecommunications, defense, and solar energy. The demand for photonics technologies has surged due to their role in advancing diagnostic imaging, particularly in healthcare, and enabling innovations in industries such as information technology, communication, and security. As technology advances, photonics' use in high-bandwidth communication, precision diagnostics, and the growing trend of miniaturization of devices continues to drive its market expansion.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/363/
๐๐ก๐จ๐ญ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
One of the key trends in the photonics market is the rapid adoption of light-emitting diodes (LEDs), especially high-brightness LEDs, which are revolutionizing the lighting sector. The integration of LEDs in mobile devices, televisions, and backlighting systems has gained momentum due to their superior energy efficiency, extended lifespan, and compact size. As environmental concerns push industries toward sustainable solutions, the demand for LEDs in energy-efficient applications, including street lighting and residential lighting, is anticipated to grow significantly. This trend not only promotes a low-carbon economy but also aligns with global efforts to reduce energy consumption.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
A major driver for the photonics market is the rising demand for high-quality healthcare and diagnostic imaging technologies. As the world shifts toward early disease detection, the need for precise imaging techniques is accelerating. Photonics technologies, including lasers, sensors, and imaging devices, are integral to these innovations, offering higher resolution, speed, and accuracy in medical imaging systems. The healthcare sector's increasing reliance on photonics for diagnostics, surgery, and therapeutic applications is expected to continue driving the market's growth throughout the forecast period.
Another key driver is the increasing investment in silicon photonics research and development. Silicon photonics technologies, which combine the advantages of photonic and electronic systems, are gaining traction due to their superior performance in data communication and storage applications. Companies are investing heavily in R&D to develop photonic chips for data centers, telecommunications, and consumer electronics. The rise of 5G networks, coupled with the demand for faster and more efficient data transmission, further accelerates the adoption of photonic technologies. This growing emphasis on high-bandwidth communication and data transfer solutions is expected to sustain the market's positive growth trajectory.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/363/
๐๐๐ซ๐ ๐๐ซ๐ฌ & ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ: ๐๐๐ฒ ๐๐จ๐ฏ๐๐ฌ ๐๐๐ซ๐จ๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ
In Vietnam, VinaPhotonics has entered a major partnership with PicoTech Solutions to enhance R&D and production capabilities for laser optics. This merger aims to bring new innovations to the telecommunications sector, advancing optical fiber technology and contributing to regional growth.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐๐ฃ๐จ๐ซ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐ก๐๐ก๐จ๐ญ๐จ๐ง๐ข๐๐ฌ ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
TechPhotonics Singapore has acquired OptiLight Solutions to increase its market presence in light-emitting diodes (LED) technology. The acquisition is aimed at expanding product offerings for both industrial and consumer electronics sectors, focusing on energy-efficient solutions.
๐๐๐ฉ๐๐ง: ๐๐ก๐๐ซ๐ฉ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐๐ฌ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐๐ฌ
Sharp Corporation, a major player in the photonics sector, has announced its merger with Nippon Optics Corporation. This strategic merger positions Sharp to become a leader in photonic devices, particularly in the development of 3D sensing technologies, for automotive and consumer electronics industries.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐๐ฆ๐ฌ๐ฎ๐ง๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐๐ญ๐ซ๐๐ง๐ ๐ญ๐ก๐๐ง๐ฌ ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐๐ฌ ๐๐๐ฉ๐๐๐ข๐ฅ๐ข๐ญ๐ข๐๐ฌ
Samsung Electronics has further solidified its position in the photonics market with the acquisition of PhotonEdge Technologies, a startup specializing in optical sensors for smartphones. The acquisition aims to enhance Samsung's product offerings in the mobile devices segment, improving image sensors and cameras.
๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ: ๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐๐๐๐๐ซ๐ฌ ๐๐จ๐ฅ๐ฅ๐๐๐จ๐ซ๐๐ญ๐ ๐๐จ๐ซ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
ASML, a global leader in photolithography systems, has partnered with Trumpf GmbH of Germany to develop next-generation photonics solutions for semiconductor manufacturing. This collaboration will create highly efficient optical systems for precision engineering and semiconductor lithography.
๐๐๐: ๐๐ง๐ญ๐๐ฅ'๐ฌ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ข๐ ๐ก๐ญ๐๐๐ฏ๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ
In the USA, Intel Corporation has successfully acquired LightWave Technologies, a startup focused on developing photonic integrated circuits. This acquisition is seen as a major step toward advancing Intel's portfolio of data communication and high-speed internet technologies.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/363/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
by Type
LED
Laser, Sensor, Detectors & Imaging Devices
Optical Communication Systems & Components
Others
by Application
Measurement & Image Processing
Communication
Information Technology
Display
Lighting
Defense & Security
Optical Components & Systems
Photovoltaic
Production Technology
by End-use
Industry Medical
Industrial
Defense
Consumer Electronics
Media & Telecommunication
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ก๐จ๐ญ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1.American Elements
2. Asahi Glass Company
3. Corning, Inc.
4. Hoya Corporation
5. II-VI Inc.
6. Koninklijke Philips N.V.
7. Nikon Corporation
8. Ohara Corporation
9. Schott AG
10. Shin-Etsu Chemical Co., Ltd.
11. Signify
12. Magic Leap, Inc.
13. Providence Photonics, LLC
14. FLIR Systems, Inc.
15. Thorlabs, Inc.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/photonics-market/363/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
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LED Video Walls Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
LED Video Walls Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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