Photonics Market to Expand at 5.8% Cagr Between 2014 and 2020

Transparency Market
Photonics Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2014 - 2020

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Photonics Market


Photonics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 2020
This market research study analyzes the photonics market globally and provides estimates in terms of
revenue (USD billion) from 2014 to 2020. It recognizes the drivers and restraints affecting the industry and
analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for
market growth.
Browse Photonics Market Report with Full TOC at
Photonics includes the emission, generation, modulation, switching and detection of light. Apart from this,
photonics includes all applications of light across the spectrum, ranging from ultraviolet to visible light.
Photonics finds application across various application segments including consumer electronics, displays,
safety and defense technology, communication, metrology and sensing among others. Additionally,
photonics also finds application across medical and health care, and the high performance computing
segment. Medical and healthcare is one of the fastest growing application segments for photonics based
Waveguides, optical modulators, optical interconnects, LED, wavelength division multiplexer filters, photo
detectors, lasers, amplifiers and spectroscopes among others are the major products of photonics. The
prices of photonics based equipment are less compared to conventional devices. Lower power
consumption and need for high-speed electronics are the major factors fuelling the demand for...