Florida, February 07, 2018: Photonics is the physical science of light (photon) generation, detection, and manipulation through emission, transmission, modulation, signal processing, switching, amplification, and detection/sensing. Though covering all light’s technical applications over the whole spectrum, most photonic applications are within the range of visible and near-infrared light. The term photonics developed as an outgrowth of the first practical semiconductor light emitters invented in the early 1960s and optical fibers developed in the 1970s.

    The global Photonics Market is segmented on the lines of its application, end user and regional. Based on application type segmentation it covers (Displays, Information & Communication Technology, Photovoltaic, Medical Technology & Life Sciences, Measurement & Automated Vision, Lighting, Manufacturing Technology and Others); based on end user it covers (Media, Broadcasting and Telecommunication, Consumer & Business Automation, Medical, Security & Defense, Industrial, Building & Construction and Others). The global Photonics Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    The global Photonics Market is expected to exceed more than US$ 784.82 Billion by 2022 at a CAGR of 8.5% in the given forecast period.

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    The major driving factors of global Photonics Market are as follows:

    • Increasing Needs for Alternative Energy and Energy Savings
    • Shifting Trend Towards High Performance and Environment-Friendly Technology

    The restraining factors of ­ global Photonics Market are as follows:

    • Stringent Environmental Regulations Hampering the Performance of Photonics Products

    The opportunities factors of ­ global Photonics Market are as follows:

    • Technological Advancements Leading to Innovative Avenues

    The challenges factors of ­ global Photonics Market are as follows:

    • High Cost of Photonic Enabled Products and Services
    • Stiff Competition in the Market

    This report provides:
    1) An overview of the global market for Transparent Conductive Filmsand related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.
    3) Identifications of new market opportunities and targeted promotional plans for global Photonics Market.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report Royal Philips Nv, Schott AG, Shin-Etsu Chemical Company Limited, Nikon Corporation, Hoya Corporation, Corning Incorporated, American Elements, OharaInc, Asahi Glass Company Limited and II-VI, Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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    Table of Contents

    1 Introduction

    2 Market Research Tactics

    3 Market Summary

    4 Quality Market Insights

    5 Photonics Market Overview

    5.1 Introduction
    5.2 Market Dynamics
    5.2.1 Drivers
    5.2.1.1 Increasing Needs for Alternative Energy and Energy Savings
    5.2.1.2 Shifting Trend Towards High Performance and Environment-Friendly Technology
    5.2.2 Restraints
    5.2.2.1 Stringent Environmental Regulations Hampering the Performance of Photonics Products
    5.2.3 Opportunities
    5.2.3.1 Technological Advancements Leading to Innovative Avenues
    5.2.4 Challenges

    6 Regulatory Market Synopsis

    7 Photonics Market, By Application Type

    8 Photonics Market, By End-use Industry Type

    9 Photonics Market, By Geographic Region

    10 Competitive Landscape

    11 Company Profiles

    11.1 Royal Philips Nv

    11.2 Schott AG

    11.3 Shin-Etsu Chemical Company Limited

    11.4 Nikon Corporation

    11.5 Hoya Corporation

    11.6 Corning Incorporated

    11.7 American Elements

    11.8 Ohara Inc.

    11.9 Asahi Glass Company Limited

    11.10 II-VI, Inc.

     

     

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    Source: http://www.financeswire.com/photonics-market-to-exceed-us-784-50-billion-by-2022