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Global photonics market valued at more than $154 billion in 2014 which is expected to grow at a CAGR of 35% from 2015 to 2020.

From the era of human evolution, artificial light helped the man not only from the darkness of night but also from unseen prowling beasts by using the flaming torch and the campfire. Out of the millions of years of evolution, only in the past century we have witnessed the most dramatic shifts in human living conditions and environs. The advent of electricity has fueled this metamorphosis. This as well paved for industrial revolution towards achieving marvels, once thought impossible. The development of optics reached its zenith from the use of primitive lamps, electric bulbs to the most advanced lasers. Today, artificial lighting has perfected the ‘built’ environment that most of us take for granted. Light is now at our fingertips. When we flip the switch, light shines instantly and almost magically. Advancements in optics is making this possible, especially the rapid strides in photonics field, in recent past, is further broadening the technological horizons.

Light plays a vital role in our daily lives and is an imperative cross-cutting discipline of science in the 21st century. It has opened up worldwide communication via the Internet, revolutionized medicine, and continues to be central to linking economic, political and, cultural aspects of the global society. Consequently, the evolution of light-based technologies promotes sustainable development and provides solutions to global challenges in education, agriculture, production, energy, defense and health.

Photonics is a major key enabling technology for the emergence of most new "smart" systems. Applications of photonics are ubiquitous. From everyday life to the most advanced science, photonics is used in medicine (surgery, vision correction, endoscopy, health monitoring), lighting, telecommunications, visual art, laser material processing, light detection, metrology, information processing, Displays, spectroscopy, holography, defense technologies production technologies, biophotonics, agriculture, photo voltaic, Photonic sensors and robotics.

Growth in Emerging Markets, legislations move towards Energy Efficient Equipment, and need for high-speed data transfer and storage systems are the drivers for the photonic markets. On the flipside, lack of proper International standards, high initial investments, slow adoption rate, counterfeit technology, lack of awareness and, technological obsolescence are the constraining the market.

The core photonics components market comprises 2,750 companies in 46 countries. These companies produce materials, LEDs, lasers, detectors, image sensors, lenses, prisms, optical filters, gratings, fiber optics, and other photonic components.

This report comprehensively analyzes the Photonic market by segmenting it based on geography and applications (Biophotonics, Defense, Lasers, Medical, Lighting, and Optics). Estimates in each segment are provided for the next six years. Key drivers and restraints that are affecting the growth of this market were discussed in detail. The study also elucidates on the competitive landscape and key market players.

Table Of Contents

Global Photonics Market - Market Share and Forecast (2015 - 2020)
1. Executive Summary

2. Research Methodology

3. Market Overview

3.1 Introduction

3.2 Markets Covered

3.3 Key Points Noted

4. Drivers, Constraints and Opportunities

4.1 Drivers

4.1.1 Increasing demand for power saving equipment

4.1.2 Demand for high speed data transfer

4.1.3 Legislations move towards energy efficient equipment

4.1.4 Growth In Emerging Markets

4.1.5 Need for new Smart systems

4.2 Constraints

4.2.1 Adoption Rate

4.2.2 Technological Obsolescence

4.2.3 Counterfeit Technology

4.2.4 Lack of proper International standards

4.2.5 High initial investments

4.3 Opportunities

4.3.1 New Scientific Developments

5. Value Chain Analysis

6. Porter's Five Force Analysis

6.1 Bargaining Power of Supplier

6.2 Bargaining Power of Consumers

6.3 Threat of New Entrants

6.4 Threat of Substitute Products and Services

6.5 Degree of Competition

7. Global Photonics Market Analysis, by Applications

7.1 Biophotonics

7.2 Safety and Defense

7.3 Lasers

7.4 Lighting

7.5 Medical

7.6 Consumer and Office Automation Optics

7.7 Integrated Circuits

7.7.1 Semiconductor

7.7.2 Displays

7.7.3 Electro and Electronic Industry

7.8 Photovoltaics - Energy Supply (Solar Modules and Cells)

7.9 Telecommunications

7.10 Other Manufacturing Processes

7.10.1 Machinery

7.10.2 Automotive

7.10.3 Others

8. Global Photonics Market Analysis, by Geography

8.1 Europe

8.1.1 Overview

8.1.2 Major Region Germany UK France Others

8.2 North America

8.2.1 Overview

8.2.2 Major Countries United States of America Canada

8.3 Asia Pacific

8.3.1 Overview

8.3.2 Major Countries China Japan South Korea India Taiwan Others

8.4 Rest of The World

8.4.1 Overview

9. Competitive Landscape

9.1 Deal Summary

9.1.1 Acquisition

9.1.2 Private Equity

9.1.3 Equity Offerings

9.1.4 Debt Offerings

9.1.5 Partnerships

9.2 Recent Developments

9.2.1 New Contract Announcements

9.2.2 New Technology Inventions

10. Key Company Analysis

10.1 Hamamatsu Photonics K.K.

10.2 Intel Corp

10.3 Hewlett-Packard Company

10.4 IBM Corporation

10.5 Luxtera, Inc.

10.6 Infinera Corporation

10.7 3S Photonics S.A.S.

10.8 Innolume GmbH

10.9 Finisar Corporation

10.10 IPG Photonics

10.11 Osram

10.12 Philips

11. Appendix

11.1 Sources

11.2 Abbreviations

11.3 Contact Us

11.4 Disclaimer

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