Market Analysis - Optics 2017
Theme: "Exemplifying the Prominence of Lasers, Optics and Photonics in today’s world"
Conference Series LLC welcomes you all to the ‘8th International Conference and Exhibition on Lasers, Optics & Photonics’ during November 15-17, 2017 at Las Vegas, Nevada, USA. The theme of the conference is “Exemplifying the Prominence of Lasers, Optics and Photonics in today’s world’’. The Committee is looking forward to organize an exceptional meeting with new and interesting sessions and discussion and to meet new people where you can share your subject and passion. At Optics 2017 you can acquired new information and will be very useful for expanding the knowledge in the field and generating new ideas to improve yourself and your professional career.
Importance and Scope:
Optics 2017 conducts a wide range of sessions and Tracks which provides the participants and all the attendees with an opportunity to extend their information in the subject and interact with professionals in the field of Lasers, Optics and Photonics. The agenda of the conference highlights new and advanced science and current topics with interesting Sessions, Symposia, Workshops, and Plenary talks, Keynote Presentations, Young Researchers Forum and Poster Sessions.
- Laser Systems
- Optics and Lasers in Medicine
- Optical Communications and Networking
- Advancements in Photonics
- Nanophotonics and Biophotonics
- Quantum Science and Technology
- Technologies in Lasers, Optics and Photonics
- Applications and Trends in Optics and Photonics
- Fiber Laser Technology
- Optical Physics
- Optical Fiber
- Surface Enhanced Spectroscopy (SES)
Major Associations around the Globe:
- Optical Society of America (OSA)
- New England Fiberoptic Council (NEFC)
- SPIE, The International Society for Optics and Photonics
- Ontario Centre of Excellence for Photonics
- Laser Institute of America (LIA)
- The Regional Center for Next Generation Manufacturing
- Indian Laser Association
- Optical Society of India
- IEEE Lasers & Electro-Optics Society
- American Society for Laser Medicine and Surgery
- New Mexico Optics Industry Association
- Taiwan Optics/ Optronics Manufacturers' Association
- Florida Photonics Cluster
- Photonics Association (Singapore)
- Photonics Industry & Technology Development Association
- Lasit, Franklin, MA
- Messer Cutting Systems, Menomonee Falls, WI
- Synrad, Mukilteo, WA
- AMTEC - Applied Manufacturing Technologies Inc, Anaheim, CA
- Directed Light Inc, San Jose, CA
- A.R.W. Optical Corporation
- Cambrios Technologies Corp
- Arroyo Instruments LLC
- Electro-Optics Technology Inc
- ESCO OPTICS
The laser technology market was valued at USD 10.09 Billion in 2015 and is expected to grow at a CAGR of 5.33% during the forecast period. The base year used for this study is 2015 and the forecast period considered is between 2016 and 2022. The report provides a detailed analysis of the laser technology market on the basis of laser type, application, vertical, and geography. Growing focus of manufacturers and industrialists on including laser technology in the manufacturing processes is one of the major driving factors for this market. Besides this, the increasing adoption of laser technology in biology, scientific research, and medical sectors due to its benefits is also accelerating the growth of the market. Photonics is a fast-growing business sector, with a global market of around € 350 billion, projected to reach over € 600 billion by 2020. USA has established a strong position with an overall total share of approximately 18 %1 (€ 66 billion2 in 2012) Major growth is expected in lighting, medical technologies and life sciences, laser-based manufacturing and optical communications. These are the areas where the European Photonics industry is particularly strong.
Increasing demand for high speed internet services is expected to be the key growth factor for the fiber optics market. Fiber optics is used for digital transmission of data and is increasingly being used in place of metal wires owing to its efficiency and high transmission capacity. Fiber optic cables provide an effective transmission as they are less affected by external and internal interferences. The transmission can be done by single and multi-mode fiber depending on the communication requirements. North America and Europe are expected to grow steadily over the forecast period. Asia Pacific is estimated to grow at a considerable rate on account of increasing market demand in application segments. Increasing use of new telecommunication technologies such as FTTx applications and 4G mobile usages is expected to be the key growth factor for the region. Some key players in the fiber optics market include Corning Inc., Optical Cable Corporation, Fujikura Limited, Sterlite Technologies Limited, Finolex Cable Limited, Birla Furukawa Fibre Optics Limited, Australian Fibreoptic Communications (AFC), Ofs Fitel, Prysmian Spa and Yangtze Optical Fiber & Cable Co. Ltd. High initial investment and maintenance cost is expected to restrict entry of new players in the fiber optics market.
According to the new market research report "Silicon Photonics Market by Component (Optical Waveguides, Optical Modulators, Photo Detectors, WDM, Lasers), Product (Transceivers, Active Optical Cables, Multiplexers, and Attenuators), Application, and Geography - Global Forecast to 2022", this market is expected to be worth USD 1,078.9 Million by 2022, at a CAGR of 22.1% between 2016 and 2022. The major driver for the growth of the silicon photonics market is the increasing use in data communication applications. The silicon photonics market in APAC is expected to grow at the highest CAGR between 2016 and 2022. The reason for this growth is adoption of new technologies, economic growth, and increasing use of cloud-based and networking services in the corporate world. The rapid increase in technological innovations and advanced communication systems are driving the demand for silicon photonics in China, Japan, India, and South Korea. Most of the developments in telecommunication and data communication applications are expected in this region. Therefore, the market in APAC is expected to grow rapidly during the forecast period. The key players in the ecosystem of the silicon photonics market profiled in this report are Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), IBM Corporation (U.S.), Mellanox Technologies, Ltd. (U.S., Israel), Hamamatsu Photonics K.K. (Japan), STMicroelectronics N.V. (Switzerland), Infinera Corporation (U.S.), Finisar Corporation (U.S.), Luxtera Inc. (U.S.), DAS Photonics (Spain), and Aurrion Inc. (U.S.).