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According to 24 Market Reports study, over the next five years the Photonics market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 735100 million by 2024, from US$ 546700 million in 2019.
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Global Photonics Growth (Status and Outlook) 2019-2024 Published on: 08 July 2019
Photonics • 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). Report Overview
Photonics By Application and Product
Table of Contents 1 Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 1.3 Years Considered 1.4 Market Research Methodology 1.5 Economic Indicators 1.6 Currency Considered 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Photonics Market Size 2014-2024 2.1.2 Photonics Market Size CAGR by Region 2.2 Photonics Segment by Type 2.2.1 Lasers 2.2.2 Waveguides
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