Photonics Market Business Opportunities, Overview, Component, Market Revenue and Forecast
Photonics Market: An In-Depth Analysis of Growth and Opportunities
The global photonics market was valued at USD 615.2 billion in 2022, and its trajectory indicates significant growth over the coming decade. As of 2023, the market is projected to expand to USD 661.34 billion, with an anticipated compound annual growth rate (CAGR) of 7.50% through 2032, reaching an estimated USD 1179.485 billion by the end of the forecast period.
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