Market by Product, Application, and Country | Forecast 2021-2028
Triton’s report infers that the photonics market in Latin America is assessed to display growth at a CAGR of 6.23% through the forecasted period 2021-2028.
Report scope can be customized per your requirements. Request For Customization
The countries analyzed in this
market include:
• Brazil
• Mexico
• Rest of Latin America
Photonics technology has
gained significant traction across the region as it displays the potential to
decrease bandwidth congestion, ensuring fast data transmission. Numerous
companies are taking measures to promote the adoption of photonics
technologies. For instance, Ocean Optics of Dunedin has begun operation in
Brazil and is anticipated to witness an increase in sales over the next few
years. These factors are likely to generate new opportunities for the photonics
market to expand across Latin America.
Furthermore, Brazil holds the
major market share in the region, which can be attributed to the presence of
prominent companies like Intel Corporation and IBM Corporation. Moreover, the
growing number of data centers is adding to the growth of the studied market. Additionally,
the government formed the final version of the new data-protection law to
regulate the enforcement authority. Besides, the growing demand for highly
advanced communication technology is anticipated to increase the adoption of
photonics devices across the country. Hence, as stated above, all these factors
widen the scope and growth of the photonics market across Brazil.
Additionally, several factors,
such as advancements in photonics technology, the development of various
low-cost photonics products, and the rising number of manufacturers, contribute
to the growth of the photonics market in Mexico.
Molex LLC focuses on the manufacturing
and sale of electronic, electrical, and fiber optic interconnection systems.
Its product portfolio includes switches, integrated products, electrical
products, and connectors. The company serves various clients, including OEMs,
contract manufacturers, and distributors. Additionally, its products have
applications in numerous industries, such as automotive, consumer products,
industrial equipment, and telecommunications. Molex has operations across
multiple regions, including Latin America.
1. LATIN
AMERICA 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. LATIN
AMERICA 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. LATIN
AMERICA 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. LATIN
AMERICA PHOTONICS MARKET – REGIONAL OUTLOOK
5.1. BRAZIL
5.2. MEXICO
5.3. REST
OF LATIN AMERICA
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
TABLE 1: LATIN AMERICA
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: LATIN AMERICA
PHOTONICS MARKET, BY PRODUCT, 2021-2028 (IN $ BILLION)
TABLE 9: LATIN AMERICA
PHOTONICS MARKET, BY APPLICATION, 2021-2028 (IN $ BILLION)
TABLE 10: LATIN AMERICA
PHOTONICS MARKET, BY COUNTRY, 2021-2028 (IN $ BILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY
COMPONENTS
FIGURE 3: LATIN AMERICA
PHOTONICS MARKET, BY WAVEGUIDES, 2021-2028 (IN $ BILLION)
FIGURE 4: LATIN AMERICA
PHOTONICS MARKET, BY OPTICAL MODULATORS, 2021-2028 (IN $ BILLION)
FIGURE 5: LATIN AMERICA
PHOTONICS MARKET, BY OPTICAL INTERCONNECTS, 2021-2028 (IN $ BILLION)
FIGURE 6: LATIN AMERICA
PHOTONICS MARKET, BY LED, 2021-2028 (IN $ BILLION)
FIGURE 7: LATIN AMERICA
PHOTONICS MARKET, BY WAVELENGTH DIVISION MULTIPLEXER (WDM) FILTERS, 2021-2028
(IN $ BILLION)
FIGURE 8: LATIN AMERICA
PHOTONICS MARKET, BY PHOTODETECTORS, 2021-2028 (IN $ BILLION)
FIGURE 9: LATIN AMERICA
PHOTONICS MARKET, BY LASERS, 2021-2028 (IN $ BILLION)
FIGURE 10: LATIN
AMERICA PHOTONICS MARKET, BY AMPLIFIERS, 2021-2028 (IN $ BILLION)
FIGURE 11: LATIN
AMERICA PHOTONICS MARKET, BY OTHER PRODUCT TYPES, 2021-2028 (IN $ BILLION)
FIGURE 12: LATIN
AMERICA PHOTONICS MARKET, BY SECURITY, SURVEYING, & DETECTION, 2021-2028
(IN $ BILLION)
FIGURE 13: LATIN
AMERICA PHOTONICS MARKET, BY PRODUCTION TECHNOLOGY, 2021-2028 (IN $ BILLION)
FIGURE 14: LATIN
AMERICA PHOTONICS MARKET, BY DATA COMMUNICATION, 2021-2028 (IN $ BILLION)
FIGURE 15: LATIN
AMERICA PHOTONICS MARKET, BY IMAGE CAPTURE AND DISPLAY, 2021-2028 (IN $
BILLION)
FIGURE 16: LATIN
AMERICA PHOTONICS MARKET, BY MEDICAL TECHNOLOGY, 2021-2028 (IN $ BILLION)
FIGURE 17: LATIN
AMERICA PHOTONICS MARKET, BY LIGHTING, 2021-2028 (IN $ BILLION)
FIGURE 18: LATIN
AMERICA PHOTONICS MARKET, BY PHOTOVOLTAIC, 2021-2028 (IN $ BILLION)
FIGURE 19: LATIN
AMERICA PHOTONICS MARKET, BY OTHER APPLICATIONS (TRAFFIC, RESEARCH), 2021-2028
(IN $ BILLION)
FIGURE 20: LATIN
AMERICA PHOTONICS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 21: BRAZIL
PHOTONICS MARKET 2021-2028 (IN $ BILLION)
FIGURE 22: MEXICO
PHOTONICS MARKET 2021-2028 (IN $ BILLION)
FIGURE 23: REST OF
LATIN AMERICA PHOTONICS MARKET 2021-2028 (IN $ BILLION)