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Global Photonics Market 2020 Latest Industry Growth Analysis by Upcoming Trends, Emerging Technology by Regions, Supply and Forecast 2024

Photonics

The “Photonics Market” report 2020 covers all the significant developments which are recently being adopted across the global market. The prime objective of the Photonics market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends, and opportunities. The Photonics market report covers both the demand and supply aspects of the market. The report also highlighted the future trends in the Photonics market that will impact the demand during the forecast period.

Scope of the Report:

Photonics is an area of study that involves the use of radiant energy (such as light), whose fundamental element is the photon and its waves can be used to cure diseases, explore the universe, and even use to solve crimes. The advancement in the global photonics market has been stimulated owing to the developments in the field of fiber optics and introduction of electricity, which has given a boost to the conversion. The evolvement of photonics has also resulted in a steady increase in the performance of both OPV and OLED technologies.

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Market Overview:

  • The global photonics market was valued at USD 636.63 billion in 2018 and is expected to reach a value of USD 1001.3 billion by 2024, at a CAGR of 7.89% over the forecast period (2019 – 2024). The trends in photonics such as lidar or additive manufacturing are growing. Lidar technology has been around for decades to analyze the distribution of gases and pollutants in the atmosphere, it has become a crucial technology for autonomous driving in recent years.
  • – Silicon-based photonics application is the key drivers for the photonics market. Hybrid silicon lasers (silicon and group III-V semiconductor) are used in telecommunications and data center applications which gives the advantage of light-emitting properties of III-V semiconductor materials.
  • – Technological advancements in light-based technologies have been driving the new wave of innovation by providing sustainable solutions to global challenges, which has been identified as a major driving factor in the global market.
  • – However, due to the high cost of applications of photonics products, the market becomes challenging to grow in the future.

    Some of the Top Key Players of Photonics Market Report Are:

  • Hamamatsu Photonics KK
  • Intel Corporation
  • Polatis Photonics Inc.
  • Alcatel
  • Lucent S.A.
  • Molex Inc. (Koch Industries)
  • Infinera Corporation
  • NEC Corporation
  • Innolume GmbH
  • Finisar Corporation
  • IPG Photonics
  • Osram Licht AG
  • Philips N.V.
  • Photonics SAS (Keopsys)
  • Schott AG
  • Carl Zeiss AG

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Application of Silicon Photonics to Gain the Market Share in Data Communication

    – Silicon photonics is an evolving branch of photonics offering a clear advantage over electric conductors used in semiconductors, which are used in high-speed transmission systems.
    – In data center applications, fiber-based optical interconnects can be used to provide point-to-point links enabling high-bandwidth, inter-rack, data communications. However, due to the use of bulk optical components, high energy and cost is a key disadvantage.
    – The integration of silicon photonic devices can be used for high-bandwidth, multi-channel, wavelength division multiplexed and with good optical communications.
    – The realization of an on-chip channelized spectrum monitor and a network-node-on-a-chip is a key example, where these optical integrated circuits are used to replace bulk optical components with their functional equivalents on monolithic silicon.
    – 100G silicon photonic transceiver is gaining the market due to its high data speed data communication with future integration in 5G technology
    – Intel Corporation’s portfolio of 100G silicon photonics transceivers are optimized to meet the bandwidth requirements of next-generation communications infrastructure while withstanding harsh environmental conditions.

    North America Occupies the Major Market Share

    – North America is gaining the photonics market due to the need for high-speed data transfer and storage systems and the rise of the market towards energy efficient equipment.
    – Photonics is leading to the development of new products in different domains. Hamamatsu Photonics K.K. manufactures some of the products like new stream camera FESCA 100 in the stream cameras.
    – The United States is growing as it has many photonics based companies with the growth of parent markets, such as lighting, safety & defense applications, and healthcare and production technology.
    – To enhance its new-generation in, IaaS and PaaS Cloud Service K5, Fujitsu announced high-availability data centres in North America which will stimulate in the development of photonics market.

    The Report Covers:

    • Comprehensive research methodology of Photonics market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Photonics market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Photonics Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Emergence Of Silicon-Based Photonics Applications
    4.3.2 Increasing Focus on High Performance and Eco- friendly Solutions
    4.4 Market Restraints
    4.4.1 High Cost of Photonics Enabled Devices Due to High Integration
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry
    4.7 Technology Snapshot

    5 MARKET SEGMENTATION
    5.1 By Application
    5.1.1 Surveying & Detection
    5.1.2 Production Technology
    5.1.3 Data Communication
    5.1.4 Image Capture & Display
    5.1.5 Medical Technology
    5.1.6 Lighting
    5.1.7 Others (Traffic, Research)
    5.2 Geography
    5.2.1 North America
    5.2.2 Europe
    5.2.3 Asia-Pacific
    5.2.4 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Hamamatsu Photonics KK
    6.1.2 Intel Corporation
    6.1.3 Polatis Photonics Inc.
    6.1.4 Alcatel-Lucent S.A.
    6.1.5 Molex Inc. (Koch Industries)
    6.1.6 Infinera Corporation
    6.1.7 NEC Corporation
    6.1.8 Innolume GmbH
    6.1.9 Finisar Corporation
    6.1.10 IPG Photonics
    6.1.11 Osram Licht AG
    6.1.12 Philips N.V.
    6.1.13 Photonics SAS (Keopsys)
    6.1.14 Schott AG
    6.1.15 Carl Zeiss AG

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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