Market by Product, Application, and Country | Forecast 2021-2028
Triton’s
report has established the photonics market in North America to expect growth
at a CAGR of 7.41% during the forecast period 2021-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries studied in this market are:
• United States
• Canada
Presently,
the country is witnessing a rise in the adoption of photonic for various
applications, including telecommunications, data centers, and healthcare. In
the region, the US dominates the studied market. The region’s growth can be
attributed to the advanced industrial infrastructure, investment in R&D
facilities, and the presence of prominent players. Additionally, the
development of hyper-scale data centers is amplifying the adoption of photonics
technology.
Furthermore,
photonic devices are widely adopted in industrial applications as they ensure
ease in automation and detection of wear and tear of machinery. Hence, the
growing application of photonics devices is anticipated to offer growth
opportunities to the photonics market across the United States and Canada.
In
the US, companies like Facebook and Microsoft have enhanced the need to
optimize the data transmission process for data centers. Additionally, several
companies have invested in the growing photonics market, which adds to the
market’s growth. Besides, the American Institute of Manufacturing Integrated
Photonics collaborated with Analog Photonics to launch a silicon photonics
process design kit for high speed optical communication. Hence, these
developments and the presence of data centers are supplementing the growth of
the photonics market across the country.
IPG Photonics Corporation is engaged in manufacturing
fiber lasers and amplifiers for application in various sectors, such as
communications, materials processing, and medical applications. The company
also designs and manufacturers laser components, such as optical processing
heads, beam switches, and chillers, among others. IPG Photonics has operations
in various countries and is headquartered in Massachusetts, the United States.
Market by Security Testing Typ ..
VIEW REPORT1. NORTH
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. NORTH
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. NORTH
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. NORTH
AMERICA PHOTONICS MARKET – REGIONAL OUTLOOK
5.1. UNITED
STATES
5.2. CANADA
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: NORTH 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: NORTH AMERICA
PHOTONICS MARKET, BY PRODUCT, 2021-2028 (IN $ BILLION)
TABLE 9: NORTH AMERICA
PHOTONICS MARKET, BY APPLICATION, 2021-2028 (IN $ BILLION)
TABLE 10: NORTH AMERICA
PHOTONICS MARKET, BY COUNTRY, 2021-2028 (IN $ BILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY
COMPONENTS
FIGURE 3: NORTH AMERICA
PHOTONICS MARKET, BY WAVEGUIDES, 2021-2028 (IN $ BILLION)
FIGURE 4: NORTH AMERICA
PHOTONICS MARKET, BY OPTICAL MODULATORS, 2021-2028 (IN $ BILLION)
FIGURE 5: NORTH AMERICA
PHOTONICS MARKET, BY OPTICAL INTERCONNECTS, 2021-2028 (IN $ BILLION)
FIGURE 6: NORTH AMERICA
PHOTONICS MARKET, BY LED, 2021-2028 (IN $ BILLION)
FIGURE 7: NORTH AMERICA
PHOTONICS MARKET, BY WAVELENGTH DIVISION MULTIPLEXER (WDM) FILTERS, 2021-2028
(IN $ BILLION)
FIGURE 8: NORTH AMERICA
PHOTONICS MARKET, BY PHOTODETECTORS, 2021-2028 (IN $ BILLION)
FIGURE 9: NORTH AMERICA
PHOTONICS MARKET, BY LASERS, 2021-2028 (IN $ BILLION)
FIGURE 10: NORTH
AMERICA PHOTONICS MARKET, BY AMPLIFIERS, 2021-2028 (IN $ BILLION)
FIGURE 11: NORTH
AMERICA PHOTONICS MARKET, BY OTHER PRODUCT TYPES, 2021-2028 (IN $ BILLION)
FIGURE 12: NORTH
AMERICA PHOTONICS MARKET, BY SECURITY, SURVEYING & DETECTION, 2021-2028 (IN
$ BILLION)
FIGURE 13: NORTH
AMERICA PHOTONICS MARKET, BY PRODUCTION TECHNOLOGY, 2021-2028 (IN $ BILLION)
FIGURE 14: NORTH
AMERICA PHOTONICS MARKET, BY DATA COMMUNICATION, 2021-2028 (IN $ BILLION)
FIGURE 15: NORTH
AMERICA PHOTONICS MARKET, BY IMAGE CAPTURE AND DISPLAY, 2021-2028 (IN $
BILLION)
FIGURE 16: NORTH
AMERICA PHOTONICS MARKET, BY MEDICAL TECHNOLOGY, 2021-2028 (IN $ BILLION)
FIGURE 17: NORTH
AMERICA PHOTONICS MARKET, BY LIGHTING, 2021-2028 (IN $ BILLION)
FIGURE 18: NORTH
AMERICA PHOTONICS MARKET, BY PHOTOVOLTAIC, 2021-2028 (IN $ BILLION)
FIGURE 19: NORTH AMERICA
PHOTONICS MARKET, BY OTHER APPLICATIONS (TRAFFIC, RESEARCH), 2021-2028 (IN $
BILLION)
FIGURE 20: NORTH
AMERICA PHOTONICS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 21: UNITED
STATES PHOTONICS MARKET 2021-2028 (IN $ BILLION)
FIGURE 22: CANADA
PHOTONICS MARKET 2021-2028 (IN $ BILLION)