ASIA-PACIFIC PHOTONICS MARKET 2021-2028

ICT | Semiconductor

ASIA-PACIFIC PHOTONICS MARKET 2021-2028

Market by Product, Application, and Country | Forecast 2021-2028

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As per Triton’s report, the Asia-Pacific photonics market is anticipated to witness growth at a CAGR of 8.70% during the forecasted years 2021-2028.


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The countries reviewed in this market include:

•        India

•        China

•        Japan

•        Australia & New Zealand

•        South Korea

•        ASEAN countries

•        Rest of Asia-Pacific

In the region, Japan has emerged as the promising country in the development of photonic technology, owing to the presence of numerous prominent companies in the country. These companies have developed photonics for various industrial applications, which supports the growth of the studied market on a large scale. Furthermore, several research institutes have introduced advanced training programs in the region in order to expand the adoption of photonics technology. Besides, the region is anticipated to become the fastest-growth region in the market due to the growing affordability of photonics. Hence, these factors are likely to supplement the development of the photonics market across the APAC region.

Furthermore, China’s dominance in the studied market is primarily owing to the strong economic growth across the country. Moreover, the government supports the adoption of photonics technology, which is expected to amplify the growth of the photonics market. Additionally, the introduction of policies by major regulatory bodies to advance the development of optoelectronics is stimulating the progress of the photonics market. Other than this, the country has a high rate of production and consumption of photonics technology products, driving the growth of the photonics market within China.

Hamamatsu Photonics KK is involved in the manufacturing and sale of photomultiplier tubes, imaging devices, opto-semiconductors, imaging, and light sources. Additionally, it offers various products, such as MCP, phototubes, LED, imaging software, x-ray flat panel, and sensors. The company serves biotechnology, energy, communications, agriculture, and IT sectors. Hamamatsu has operations across various countries, with headquarters located in Shizuoka, Japan. 

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Table of Content

1. ASIA-PACIFIC PHOTONICS MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON PHOTONICS MARKET

2.2. KEY INSIGHTS

2.2.1. BROADENING APPLICATIONS OF SILICON PHOTONICS

2.2.2. NEED FOR HIGH PERFORMANCE AND ECO-FRIENDLY SOLUTIONS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. INDUSTRY COMPONENTS

2.7. KEY MARKET STRATEGIES

2.7.1. ACQUISITIONS

2.7.2. PRODUCT LAUNCHES

2.7.3. PARTNERSHIPS

2.7.4. BUSINESS EXPANSIONS

2.8. MARKET DRIVERS

2.8.1. BANDWIDTH REQUIREMENT FOR HUGE AMOUNT OF DATA TRANSFER

2.8.2. GROWING FUNDING IN THE SILICON PHOTONICS INDUSTRY

2.9. MARKET CHALLENGES

2.9.1. COST CONSTRAINTS

2.9.2. STRINGENT GOVERNMENT AND ENVIRONMENTAL REGULATIONS

2.10. MARKET OPPORTUNITIES

2.10.1. INCREASING SMARTPHONE PENETRATION AND RISING INTERNET CONNECTIVITY

2.10.2. APPLICATIONS IN THE AUTOMOTIVE SECTOR

3. ASIA-PACIFIC PHOTONICS MARKET OUTLOOK - BY PRODUCT

3.1. WAVEGUIDES

3.2. OPTICAL MODULATORS

3.3. OPTICAL INTERCONNECTS

3.4. LED

3.5. WAVELENGTH DIVISION MULTIPLEXER (WDM) FILTERS

3.6. PHOTODETECTORS

3.7. LASERS

3.8. AMPLIFIERS

3.9. OTHER PRODUCT TYPES

4. ASIA-PACIFIC PHOTONICS MARKET OUTLOOK - BY APPLICATION

4.1. SECURITY, SURVEYING, & DETECTION

4.2. PRODUCTION TECHNOLOGY

4.3. DATA COMMUNICATION

4.4. IMAGE CAPTURE AND DISPLAY

4.5. MEDICAL TECHNOLOGY

4.6. LIGHTING

4.7. PHOTOVOLTAIC

4.8. OTHER APPLICATIONS (TRAFFIC, RESEARCH)

5. ASIA-PACIFIC PHOTONICS MARKET – REGIONAL OUTLOOK

5.1. CHINA

5.2. JAPAN

5.3. INDIA

5.4. SOUTH KOREA

5.5. ASEAN COUNTRIES

5.6. AUSTRALIA & NEW ZEALAND

5.7. REST OF ASIA-PACIFIC

6. COMPETITIVE LANDSCAPE

6.1. 3S PHOTONICS

6.2. CARL ZEISS AG

6.3. FINISAR CORPORATION (II-VI INCORPORATED)

6.4. HAMAMATSU PHOTONICS KK

6.5. HUBER+SUHNER POLATIS PHOTONICS INC

6.6. INFINERA CORPORATION

6.7. INNOLUME GMBH

6.8. INTEL CORPORATION

6.9. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)

6.10. IPG PHOTONICS CORPORATION

6.11. KONINKLIJKE PHILIPS NV

6.12. MOLEX LLC

6.13. NEC CORPORATION

6.14. OSRAM LICHT AG

6.15. SCHOTT AG

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: ASIA-PACIFIC PHOTONICS MARKET, BY COUNTRY, 2021-2028 (IN $ BILLION)   

TABLE 2: VENDOR SCORECARD        

TABLE 3: LIST OF ACQUISITIONS        

TABLE 4: LIST OF PRODUCT LAUNCHES     

TABLE 5: LIST OF PARTNERSHIPS & AGREEMENTS        

TABLE 6: LIST OF BUSINESS EXPANSIONS 

TABLE 7: SOME OF THE PROMISING FUNDING IN THE SILICON PHOTONICS          

TABLE 8: ASIA-PACIFIC PHOTONICS MARKET, BY PRODUCT, 2021-2028 (IN $ BILLION)   

TABLE 9: ASIA-PACIFIC PHOTONICS MARKET, BY APPLICATION, 2021-2028 (IN $ BILLION)           

TABLE 10: ASIA-PACIFIC PHOTONICS MARKET, BY COUNTRY, 2021-2028 (IN $ BILLION)             

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: INDUSTRY COMPONENTS

FIGURE 3: ASIA-PACIFIC PHOTONICS MARKET, BY WAVEGUIDES, 2021-2028 (IN $ BILLION)           

FIGURE 4: ASIA-PACIFIC PHOTONICS MARKET, BY OPTICAL MODULATORS, 2021-2028 (IN $ BILLION)       

FIGURE 5: ASIA-PACIFIC PHOTONICS MARKET, BY OPTICAL INTERCONNECTS, 2021-2028 (IN $ BILLION)         

FIGURE 6: ASIA-PACIFIC PHOTONICS MARKET, BY LED, 2021-2028 (IN $ BILLION)

FIGURE 7: ASIA-PACIFIC PHOTONICS MARKET, BY WAVELENGTH DIVISION MULTIPLEXER (WDM) FILTERS, 2021-2028 (IN $ BILLION)    

FIGURE 8: ASIA-PACIFIC PHOTONICS MARKET, BY PHOTODETECTORS, 2021-2028 (IN $ BILLION)       

FIGURE 9: ASIA-PACIFIC PHOTONICS MARKET, BY LASERS, 2021-2028 (IN $ BILLION)    

FIGURE 10: ASIA-PACIFIC PHOTONICS MARKET, BY AMPLIFIERS, 2021-2028 (IN $ BILLION)           

FIGURE 11: ASIA-PACIFIC PHOTONICS MARKET, BY OTHER PRODUCT TYPES, 2021-2028 (IN $ BILLION)         

FIGURE 12: ASIA-PACIFIC PHOTONICS MARKET, BY SECURITY, SURVEYING, & DETECTION, 2021-2028 (IN $ BILLION) 

FIGURE 13: ASIA-PACIFIC PHOTONICS MARKET, BY PRODUCTION TECHNOLOGY, 2021-2028 (IN $ BILLION)           

FIGURE 14: ASIA-PACIFIC PHOTONICS MARKET, BY DATA COMMUNICATION, 2021-2028 (IN $ BILLION)   

FIGURE 15: ASIA-PACIFIC PHOTONICS MARKET, BY IMAGE CAPTURE AND DISPLAY, 2021-2028 (IN $ BILLION)           

FIGURE 16: ASIA-PACIFIC PHOTONICS MARKET, BY MEDICAL TECHNOLOGY, 2021-2028 (IN $ BILLION)   

FIGURE 17: ASIA-PACIFIC PHOTONICS MARKET, BY LIGHTING, 2021-2028 (IN $ BILLION)           

FIGURE 18: ASIA-PACIFIC PHOTONICS MARKET, BY PHOTOVOLTAIC, 2021-2028 (IN $ BILLION)       

FIGURE 19: ASIA-PACIFIC PHOTONICS MARKET, BY OTHER APPLICATIONS (TRAFFIC, RESEARCH), 2021-2028 (IN $ BILLION)           

FIGURE 20: ASIA-PACIFIC PHOTONICS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)           

FIGURE 21: CHINA PHOTONICS MARKET 2021-2028 (IN $ BILLION)     

FIGURE 22: JAPAN PHOTONICS MARKET 2021-2028 (IN $ BILLION)     

FIGURE 23: INDIA PHOTONICS MARKET 2021-2028 (IN $ BILLION)       

FIGURE 24: SOUTH KOREA PHOTONICS MARKET 2021-2028 (IN $ BILLION) 

FIGURE 25: ASEAN COUNTRIES PHOTONICS MARKET 2021-2028 (IN $ BILLION)    

FIGURE 26: AUSTRALIA & NEW ZEALAND PHOTONICS MARKET 2021-2028 (IN $ BILLION)           

FIGURE 27: REST OF ASIA-PACIFIC PHOTONICS MARKET 2021-2028 (IN $ BILLION)          

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