Regional Analysis

Global Photonics Market: Regional Insights

The global photonics market is regionally segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

North America is anticipated to witness significant growth in the global photonics market over the forecast period. This growth can be attributed to growing adjacent markets such as safety and protection applications, lighting, production technology, and healthcare. Moreover, strong growth of data center hardware market in the U.S. along with presence of various market players such as HP, Intel Corp., and IBM is also driving growth of the global photonics market in the region.

Moreover, Asia Pacific is also expected to show substantial growth in the global photonics market during the forecast period. This is due to frequent collaborations among market players, investments by major companies to boost their growth in Japan. Along with this, increasing growth of economy and electronics market share of China is also fueling the market growth. The manufacturing sector of this country is growing rapidly and is witnessing deployment of different telecommunications and manufacturing technologies. Thus, the region is expected to show strong growth in the global photonics market during the forecast period.

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC Countries, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Central Africa