BUSINESS: Photonics Market to be Worth $837.8 billion by 2025: Growing at a CAGR Of 7.1%

dWeb.News Article from Daniel Webster dWeb.News

dWeb.News Article from Daniel Webster dWeb.News

BUSINESS: By Daniel Webster, dWeb.News Publisher

Northbrook, IL — (SBWIRE) — 10/05/2021 — The report “Photonics Market by Type (LED, Lasers, Detectors, Sensors and Imaging Devices, Optical Communication Systems & Networking Components, Consumer Electronics & Devices), Application End-Use Industry, and Region – Global Forecast to 2025” The Photonics market is estimated to be USD 593.7 billion in 2020 and is projected to reach USD 837.8 billion by 2025, at a CAGR of 7.1 % between 2020 to 2025. The Photonics market is driven by the growing application of photonics-enabled products in the healthcare sector, information and communication sector, and industrial sector

Download PDF Brochure @

The LED segment is the largest type of Photonics market

The largest market share is held by the LED segment. LED products are cost-effective and affordable. This will drive demand for LED lighting and display products over the forecast period. APAC accounted for the largest market share of the LED product type segment in 2019. The surge in demand for LED products such as automotive and general lighting is due to energy-saving measures.

Information and Communication Technology is the most important application in the Photonics market.

The Photonics market can be divided into seven major end-use applications, namely Displays and Information & Communication technology, Photovoltaic, Photovoltaics, Photovoltaics, Photovoltaics, Photovoltaics, Photovoltaics, Photovoltaics, Life Sciences (Bio photonics), Measurement & Automated Vision, Lighting, and Production Technology.

Speak to Analyst @

Photonics technology is a key component of information and communication technology applications. It is used for data generation and transformation, data transmission, storage, data conversion and usage. Photonics materials and component industry includes devices that are used in all of these processes. These services also make use of photonics. Photonics components and materials include devices for data conversion, amplifiers, light modulation systems (modulators switches and routers), as well as fiber optic cables.

APAC is expected to hold the largest market share over the forecast period.

APAC is expected to be the largest market in Photonics. It is also projected that it will register the fastest CAGR over the forecast period. China is expected to account for the largest share of the market in APAC by 2025. Photonics is driven by the growing use of photonics in industrial applications and investment in the end-use industry. This also helps to reduce labor costs.

Key Market Players

The Photonics market research report profiles Signify (The Netherlands), Shin-Etsu Chemical Company(Japan), Nikon Corporation [Japan], SCHOTT (Germany), Hoya, Corning (U.S), American Elements (“U.S”), Ohara (Japan), Asahi Glass II-VI (U.S.).

Get 10% Customization on this Report @

COVID-19 impact on the global Photonics market

Photonics UVC Led light is in high demand due to the pandemic. It is used for disinfecting the virus. Due to supply chain disruptions, containment restrictions and social distancing norms, the pandemic had adverse effects on many end-use industries. The supply chain disruption could cause delays in the rollout of 5G by different countries. Fiber optic prices may rise as fiber optic cable producers countries such as China are adversely affected.

About MarketsandMarkets(tm)

MarketsandMarkets(tm) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(tm) for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets(tm) are tracking global high growth markets following the “Growth Engagement Model – GEM”. GEM is a proactive collaboration between clients and MarketsandMarkets(tm) to identify new opportunities, identify the most important customers, write “Attack and avoid and defend” strategies, and identify sources of incremental revenue for the company and its rivals. MarketsandMarkets(tm) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(tm) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Aashish Mehra

MarketsandMarkets(tm) INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

Read More

Section D Digital World Tech News – dWeb.News

More dWeb.News Tech News at

Similar Posts