LATIN AMERICA PHOTONICS MARKET 2021-2028

ICT | Semiconductor

LATIN AMERICA PHOTONICS MARKET 2021-2028

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

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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.


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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. 

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Table of Content

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

List of Tables

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)                        

List of Figures

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)      

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