
The global Photonics market size is predicted to grow from US$ 733580 million in 2025 to US$ 1085120 million in 2031; it is expected to grow at a CAGR of 6.7% from 2025 to 2031.
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%.
The “Photonics Industry Forecast” looks at past sales and reviews total world Photonics sales in 2024, providing a comprehensive analysis by region and market sector of projected Photonics sales for 2025 through 2031. With Photonics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photonics industry.
This Insight Report provides a comprehensive analysis of the global Photonics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Photonics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Photonics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photonics and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Photonics.
This report presents a comprehensive overview, market shares, and growth opportunities of Photonics market by product type, application, key players and key regions and countries.
Segmentation by Type:
Lasers
Waveguides
Optical Modulators
Optical Interconnects
Filters
Photo Detectors
Amplifiers
Others
Segmentation by Application:
Consumer Electronics
Displays
Safety & Defense Technology
Communication
Metrology
Sensing
Medical & Healthcare
High-performance Computing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Coherent, Inc
IPG Photonics
Finisar Corporation
Hamamatsu Photonics
Lumentum
II-VI Incorporated
Infinera Corporation
NeoPhotonics
Luxtera, Inc
3SP Technologies
Innolume GmbH
Genia Photonics, Inc
Redfern Integrated Optics
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Photonics Market Size (2020-2031)
2.1.2 Photonics Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Photonics by Country/Region (2020, 2024 & 2031)
2.2 Photonics Segment by Type
2.2.1 Lasers
2.2.2 Waveguides
2.2.3 Optical Modulators
2.2.4 Optical Interconnects
2.2.5 Filters
2.2.6 Photo Detectors
2.2.7 Amplifiers
2.2.8 Others
2.3 Photonics Market Size by Type
2.3.1 Photonics Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Photonics Market Size Market Share by Type (2020-2025)
2.4 Photonics Segment by Application
2.4.1 Consumer Electronics
2.4.2 Displays
2.4.3 Safety & Defense Technology
2.4.4 Communication
2.4.5 Metrology
2.4.6 Sensing
2.4.7 Medical & Healthcare
2.4.8 High-performance Computing
2.4.9 Others
2.5 Photonics Market Size by Application
2.5.1 Photonics Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Photonics Market Size Market Share by Application (2020-2025)
3 Photonics Market Size by Player
3.1 Photonics Market Size Market Share by Player
3.1.1 Global Photonics Revenue by Player (2020-2025)
3.1.2 Global Photonics Revenue Market Share by Player (2020-2025)
3.2 Global Photonics Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Photonics by Region
4.1 Photonics Market Size by Region (2020-2025)
4.2 Global Photonics Annual Revenue by Country/Region (2020-2025)
4.3 Americas Photonics Market Size Growth (2020-2025)
4.4 APAC Photonics Market Size Growth (2020-2025)
4.5 Europe Photonics Market Size Growth (2020-2025)
4.6 Middle East & Africa Photonics Market Size Growth (2020-2025)
5 Americas
5.1 Americas Photonics Market Size by Country (2020-2025)
5.2 Americas Photonics Market Size by Type (2020-2025)
5.3 Americas Photonics Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Photonics Market Size by Region (2020-2025)
6.2 APAC Photonics Market Size by Type (2020-2025)
6.3 APAC Photonics Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Photonics Market Size by Country (2020-2025)
7.2 Europe Photonics Market Size by Type (2020-2025)
7.3 Europe Photonics Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Photonics by Region (2020-2025)
8.2 Middle East & Africa Photonics Market Size by Type (2020-2025)
8.3 Middle East & Africa Photonics Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Photonics Market Forecast
10.1 Global Photonics Forecast by Region (2026-2031)
10.1.1 Global Photonics Forecast by Region (2026-2031)
10.1.2 Americas Photonics Forecast
10.1.3 APAC Photonics Forecast
10.1.4 Europe Photonics Forecast
10.1.5 Middle East & Africa Photonics Forecast
10.2 Americas Photonics Forecast by Country (2026-2031)
10.2.1 United States Market Photonics Forecast
10.2.2 Canada Market Photonics Forecast
10.2.3 Mexico Market Photonics Forecast
10.2.4 Brazil Market Photonics Forecast
10.3 APAC Photonics Forecast by Region (2026-2031)
10.3.1 China Photonics Market Forecast
10.3.2 Japan Market Photonics Forecast
10.3.3 Korea Market Photonics Forecast
10.3.4 Southeast Asia Market Photonics Forecast
10.3.5 India Market Photonics Forecast
10.3.6 Australia Market Photonics Forecast
10.4 Europe Photonics Forecast by Country (2026-2031)
10.4.1 Germany Market Photonics Forecast
10.4.2 France Market Photonics Forecast
10.4.3 UK Market Photonics Forecast
10.4.4 Italy Market Photonics Forecast
10.4.5 Russia Market Photonics Forecast
10.5 Middle East & Africa Photonics Forecast by Region (2026-2031)
10.5.1 Egypt Market Photonics Forecast
10.5.2 South Africa Market Photonics Forecast
10.5.3 Israel Market Photonics Forecast
10.5.4 Turkey Market Photonics Forecast
10.6 Global Photonics Forecast by Type (2026-2031)
10.7 Global Photonics Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Photonics Forecast
11 Key Players Analysis
11.1 Coherent, Inc
11.1.1 Coherent, Inc Company Information
11.1.2 Coherent, Inc Photonics Product Offered
11.1.3 Coherent, Inc Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Coherent, Inc Main Business Overview
11.1.5 Coherent, Inc Latest Developments
11.2 IPG Photonics
11.2.1 IPG Photonics Company Information
11.2.2 IPG Photonics Photonics Product Offered
11.2.3 IPG Photonics Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 IPG Photonics Main Business Overview
11.2.5 IPG Photonics Latest Developments
11.3 Finisar Corporation
11.3.1 Finisar Corporation Company Information
11.3.2 Finisar Corporation Photonics Product Offered
11.3.3 Finisar Corporation Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Finisar Corporation Main Business Overview
11.3.5 Finisar Corporation Latest Developments
11.4 Hamamatsu Photonics
11.4.1 Hamamatsu Photonics Company Information
11.4.2 Hamamatsu Photonics Photonics Product Offered
11.4.3 Hamamatsu Photonics Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Hamamatsu Photonics Main Business Overview
11.4.5 Hamamatsu Photonics Latest Developments
11.5 Lumentum
11.5.1 Lumentum Company Information
11.5.2 Lumentum Photonics Product Offered
11.5.3 Lumentum Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Lumentum Main Business Overview
11.5.5 Lumentum Latest Developments
11.6 II-VI Incorporated
11.6.1 II-VI Incorporated Company Information
11.6.2 II-VI Incorporated Photonics Product Offered
11.6.3 II-VI Incorporated Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 II-VI Incorporated Main Business Overview
11.6.5 II-VI Incorporated Latest Developments
11.7 Infinera Corporation
11.7.1 Infinera Corporation Company Information
11.7.2 Infinera Corporation Photonics Product Offered
11.7.3 Infinera Corporation Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Infinera Corporation Main Business Overview
11.7.5 Infinera Corporation Latest Developments
11.8 NeoPhotonics
11.8.1 NeoPhotonics Company Information
11.8.2 NeoPhotonics Photonics Product Offered
11.8.3 NeoPhotonics Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 NeoPhotonics Main Business Overview
11.8.5 NeoPhotonics Latest Developments
11.9 Luxtera, Inc
11.9.1 Luxtera, Inc Company Information
11.9.2 Luxtera, Inc Photonics Product Offered
11.9.3 Luxtera, Inc Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Luxtera, Inc Main Business Overview
11.9.5 Luxtera, Inc Latest Developments
11.10 3SP Technologies
11.10.1 3SP Technologies Company Information
11.10.2 3SP Technologies Photonics Product Offered
11.10.3 3SP Technologies Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 3SP Technologies Main Business Overview
11.10.5 3SP Technologies Latest Developments
11.11 Innolume GmbH
11.11.1 Innolume GmbH Company Information
11.11.2 Innolume GmbH Photonics Product Offered
11.11.3 Innolume GmbH Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Innolume GmbH Main Business Overview
11.11.5 Innolume GmbH Latest Developments
11.12 Genia Photonics, Inc
11.12.1 Genia Photonics, Inc Company Information
11.12.2 Genia Photonics, Inc Photonics Product Offered
11.12.3 Genia Photonics, Inc Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Genia Photonics, Inc Main Business Overview
11.12.5 Genia Photonics, Inc Latest Developments
11.13 Redfern Integrated Optics
11.13.1 Redfern Integrated Optics Company Information
11.13.2 Redfern Integrated Optics Photonics Product Offered
11.13.3 Redfern Integrated Optics Photonics Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Redfern Integrated Optics Main Business Overview
11.13.5 Redfern Integrated Optics Latest Developments
12 Research Findings and Conclusion
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*If Applicable.
