EUROPE PHOTONICS MARKET 2021-2028

ICT | Semiconductor

EUROPE PHOTONICS MARKET 2021-2028

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

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According to Triton’s report, the photonics market in Europe is predicted to obtain a CAGR of 7.77% based on value through the projected years of 2021-2028.


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The countries scrutinized in this market include:

•        The United Kingdom

•        Spain

•        Germany

•        Italy

•        France

•        Russia

•        Rest of Europe

Europe is among the leading suppliers and developers of photonics-based products. Here, Germany, France, and the United Kingdom have emerged as major contributors in the studied market, owing to the wide consumer base and numerous suppliers. Additionally, the market is supported by various other factors, including the increasing number of research projects funded mainly by the European Commission. Therefore, such developments are expected to fuel the growth of the photonics market across Europe in the upcoming years.

In the UK, technological advancements are majorly supplementing the growth of the photonics market. Moreover, the growing investments in the development of photonics technologies are also driving the market on a growth path. Additionally, the presence of leading players, such as Intel Corporation and IBM Corporation, augments the adoption of photonics technologies. Furthermore, earlier, Rockley Photonics received funding to develop silicon photonics technologies to improve data center communication networks. Hence, all these factors contribute to the growth of the photonics market in the United Kingdom.

International Business Machines Corporation (IBM) is an integrated information technology company. It offers various services, including consulting, cloud and cognitive offerings, enterprise software, financing solutions, and others. The company serves financial services, industrial, communications, and distribution businesses. IBM’s product portfolio includes CMOS integrated nanophotonic technology, formed by accumulating high-performance CMOS fabrication lines and silicon nanophotonic components, detectors, and modulators. It has operations in various regions, including Europe. 

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Table of Content

1. EUROPE 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. EUROPE 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. EUROPE 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. EUROPE PHOTONICS MARKET – REGIONAL OUTLOOK

5.1. UNITED KINGDOM

5.2. GERMANY

5.3. FRANCE

5.4. SPAIN

5.5. ITALY

5.6. RUSSIA

5.7. REST OF EUROPE

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: EUROPE 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: EUROPE PHOTONICS MARKET, BY PRODUCT, 2021-2028 (IN $ BILLION)

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

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

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: INDUSTRY COMPONENTS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 20: EUROPE PHOTONICS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)    

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

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

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

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

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

FIGURE 26: RUSSIA PHOTONICS MARKET 2021-2028 (IN $ BILLION)   

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

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