Industry: Electronics & Semiconductor
Published Date: 2025-01-18
Pages: 84 Pages
Report ld: 3441346
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Photonics Market Size(US$)

CAGR 2025-2031
6.5%
Market Size,2031
USD 1,158,200
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Photonics was valued at US$ 749890 million in the year 2024 and is projected to reach a revised size of US$ 1158200 million by 2031, growing at a CAGR of 6.5% during the forecast period.
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).
The major players in global Photonics market include Coherent, IPG Photonics, Finisar Corporation, etc., and the market concentration rate is low. Asia-Pacific and North America are main markets, they occupy about 80% of the global market. Lasers is the main type, with a share about 30%. Displays is the main application, which holds a share about 20%.
This report aims to provide a comprehensive presentation of the global market for Photonics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Photonics.
The Photonics market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Photonics market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Photonics companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Photonics company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Photonics Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Lasers
1.2.3 Waveguides
1.2.4 Optical Modulators
1.2.5 Optical Interconnects
1.2.6 Filters
1.2.7 Photo Detectors
1.2.8 Amplifiers
1.2.9 Others
1.3 Market by Application
1.3.1 Global Photonics Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Consumer Electronics
1.3.3 Displays
1.3.4 Safety & Defense Technology
1.3.5 Communication
1.3.6 Metrology
1.3.7 Sensing
1.3.8 Medical & Healthcare
1.3.9 High-performance Computing
1.3.10 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Photonics Market Perspective (2020-2031)
2.2 Global Photonics Growth Trends by Region
2.2.1 Global Photonics Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Photonics Historic Market Size by Region (2020-2025)
2.2.3 Photonics Forecasted Market Size by Region (2026-2031)
2.3 Photonics Market Dynamics
2.3.1 Photonics Industry Trends
2.3.2 Photonics Market Drivers
2.3.3 Photonics Market Challenges
2.3.4 Photonics Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Photonics Players by Revenue
3.1.1 Global Top Photonics Players by Revenue (2020-2025)
3.1.2 Global Photonics Revenue Market Share by Players (2020-2025)
3.2 Global Photonics Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Photonics Revenue
3.4 Global Photonics Market Concentration Ratio
3.4.1 Global Photonics Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Photonics Revenue in 2024
3.5 Global Key Players of Photonics Head office and Area Served
3.6 Global Key Players of Photonics, Product and Application
3.7 Global Key Players of Photonics, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Photonics Breakdown Data by Type
4.1 Global Photonics Historic Market Size by Type (2020-2025)
4.2 Global Photonics Forecasted Market Size by Type (2026-2031)
5 Photonics Breakdown Data by Application
5.1 Global Photonics Historic Market Size by Application (2020-2025)
5.2 Global Photonics Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Photonics Market Size (2020-2031)
6.2 North America Photonics Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Photonics Market Size by Country (2020-2025)
6.4 North America Photonics Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Photonics Market Size (2020-2031)
7.2 Europe Photonics Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Photonics Market Size by Country (2020-2025)
7.4 Europe Photonics Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Photonics Market Size (2020-2031)
8.2 Asia-Pacific Photonics Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Photonics Market Size by Region (2020-2025)
8.4 Asia-Pacific Photonics Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Photonics Market Size (2020-2031)
9.2 Latin America Photonics Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Photonics Market Size by Country (2020-2025)
9.4 Latin America Photonics Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Photonics Market Size (2020-2031)
10.2 Middle East & Africa Photonics Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Photonics Market Size by Country (2020-2025)
10.4 Middle East & Africa Photonics Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Coherent, Inc
11.1.1 Coherent, Inc Company Details
11.1.2 Coherent, Inc Business Overview
11.1.3 Coherent, Inc Photonics Introduction
11.1.4 Coherent, Inc Revenue in Photonics Business (2020-2025)
11.1.5 Coherent, Inc Recent Development
11.2 IPG Photonics
11.2.1 IPG Photonics Company Details
11.2.2 IPG Photonics Business Overview
11.2.3 IPG Photonics Photonics Introduction
11.2.4 IPG Photonics Revenue in Photonics Business (2020-2025)
11.2.5 IPG Photonics Recent Development
11.3 Finisar Corporation
11.3.1 Finisar Corporation Company Details
11.3.2 Finisar Corporation Business Overview
11.3.3 Finisar Corporation Photonics Introduction
11.3.4 Finisar Corporation Revenue in Photonics Business (2020-2025)
11.3.5 Finisar Corporation Recent Development
11.4 Hamamatsu Photonics
11.4.1 Hamamatsu Photonics Company Details
11.4.2 Hamamatsu Photonics Business Overview
11.4.3 Hamamatsu Photonics Photonics Introduction
11.4.4 Hamamatsu Photonics Revenue in Photonics Business (2020-2025)
11.4.5 Hamamatsu Photonics Recent Development
11.5 Lumentum
11.5.1 Lumentum Company Details
11.5.2 Lumentum Business Overview
11.5.3 Lumentum Photonics Introduction
11.5.4 Lumentum Revenue in Photonics Business (2020-2025)
11.5.5 Lumentum Recent Development
11.6 II-VI Incorporated
11.6.1 II-VI Incorporated Company Details
11.6.2 II-VI Incorporated Business Overview
11.6.3 II-VI Incorporated Photonics Introduction
11.6.4 II-VI Incorporated Revenue in Photonics Business (2020-2025)
11.6.5 II-VI Incorporated Recent Development
11.7 Infinera Corporation
11.7.1 Infinera Corporation Company Details
11.7.2 Infinera Corporation Business Overview
11.7.3 Infinera Corporation Photonics Introduction
11.7.4 Infinera Corporation Revenue in Photonics Business (2020-2025)
11.7.5 Infinera Corporation Recent Development
11.8 NeoPhotonics
11.8.1 NeoPhotonics Company Details
11.8.2 NeoPhotonics Business Overview
11.8.3 NeoPhotonics Photonics Introduction
11.8.4 NeoPhotonics Revenue in Photonics Business (2020-2025)
11.8.5 NeoPhotonics Recent Development
11.9 Luxtera, Inc
11.9.1 Luxtera, Inc Company Details
11.9.2 Luxtera, Inc Business Overview
11.9.3 Luxtera, Inc Photonics Introduction
11.9.4 Luxtera, Inc Revenue in Photonics Business (2020-2025)
11.9.5 Luxtera, Inc Recent Development
11.10 3SP Technologies
11.10.1 3SP Technologies Company Details
11.10.2 3SP Technologies Business Overview
11.10.3 3SP Technologies Photonics Introduction
11.10.4 3SP Technologies Revenue in Photonics Business (2020-2025)
11.10.5 3SP Technologies Recent Development
11.11 Innolume GmbH
11.11.1 Innolume GmbH Company Details
11.11.2 Innolume GmbH Business Overview
11.11.3 Innolume GmbH Photonics Introduction
11.11.4 Innolume GmbH Revenue in Photonics Business (2020-2025)
11.11.5 Innolume GmbH Recent Development
11.12 Genia Photonics, Inc
11.12.1 Genia Photonics, Inc Company Details
11.12.2 Genia Photonics, Inc Business Overview
11.12.3 Genia Photonics, Inc Photonics Introduction
11.12.4 Genia Photonics, Inc Revenue in Photonics Business (2020-2025)
11.12.5 Genia Photonics, Inc Recent Development
11.13 Redfern Integrated Optics
11.13.1 Redfern Integrated Optics Company Details
11.13.2 Redfern Integrated Optics Business Overview
11.13.3 Redfern Integrated Optics Photonics Introduction
11.13.4 Redfern Integrated Optics Revenue in Photonics Business (2020-2025)
11.13.5 Redfern Integrated Optics Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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