2020 Optics and Photonics Industry Report (Fall Update)
An in-depth assessment of the global optics and photonics industry, highlighting industry trends and profiling key companies involved.
25 January 2021
The 2020 Optics and Photonics Industry Report (Fall Update) provides an in-depth assessment of the global optics and photonics industry, including new data on the markets enabled by photonics and the anticipated impact of the global pandemic on the photonics marketplace. The report highlights industry trends and profiles key companies involved.
Here are some highlights from the industry report:
| • | Global annual revenues from production of optics and photonics core components amounted to $282 billion in 2018. |
| • | Production of optics and photonics core components is a global enterprise spanning more than 50 countries. |
| • | Nearly 4,300 manufacturing companies produced core components in 2018, 75% at small- to medium-size enterprises. |
| • | Core components production employs more than one million people worldwide. |
| • | The components industry has shown solid growth above global GDP since 2012. |
| • | Global annual revenues for photonics-enabled products exceeded $2.0 trillion in 2019 and are expected to remain flat-to-down in 2020 due to the impact of the pandemic. |
Download the 2020 Optics and Photonics Industry Report (Fall Update) to get full access to thirty pages of data, analysis, and market insights.