Photonics Market Analysis, Trend, Growth, Forecast to 2025


Posted September 25, 2021 by prasadmehta

marketreportslibrary.com has published new market report on “ Photonics Market” in the Electronics and semiconductor Industry
 
The Photonics market is expected to grow from USD 633.54 billion in 2019 to USD 973.39 billion by 2025 at a CAGR of 7.42% from 2019 to 2025.
Photonics is the physical science of light (photon) generation, detection, and manipulation through emission, transmission, modulation, signal processing, switching, amplification, and detection/sensing. Though covering all light's technical applications over the whole spectrum, most photonic applications are within the range of visible and near-infrared light. The term photonics developed as an outgrowth of the first practical semiconductor light emitters invented in the early 1960s and optical fibers developed in the 1970s.
View Complete Report: @ https://marketreportslibrary.com/report/es0386/photonics-market-report
The global Photonics market has been segmented as below:
By Application
Displays
Information & communication technology
Photovoltaic
Medical technology & life sciences
Measurements & automated vision
Lighting
Manufacturing technology
Others
By End User
Building & construction
Media, broadcasting & telecommunication
Consumer & business automation
Medical
Safety & defense
Industrial
Others
By Region
North America
Europe
Asia-Pacific
Rest of the World
Competitive Rivalry
Royal Philips Nv, Schott AG, Shin-Etsu Chemical Company Limited, Nikon Corporation, Hoya Corporation, Corning Incorporated, American Elements, Ohara Inc, Asahi Glass Company Limited, II-VI Inc., and others are among the major players in the global Photonics market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
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Explore other reports from ”Electronics and semiconductor” sector @ https://marketreportslibrary.com/category/electronics-and-semiconductor

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Last Updated September 25, 2021