Photonics Market Share

Statistics for the 2023 & 2024 Photonics market share, created by Mordor Intelligence™ Industry Reports. Photonics share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Team License

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Corporate License

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Market Share of Photonics Industry

The photonics market is highly fragmented, with the presence of various major players, among which the largest companies are Hamamatsu Photonics KK, Intel Corporation, Polatis Incorporated (Huber+Suhner), Alcatel-Lucent SA (Nokia Corporation), and Molex Inc. (Koch Industries). The largest companies in the market are adopting strategies, such as partnerships and acquisitions, to enhance their product offerings and gain sustainable competitive advantage. 

  • November 2023 - Innolume announced the introduction of high-power O-Band quantum Dot SOA with 1W optical power. It can be used in LiDARs, PONs, and FSO. 
  • September 2023 - Ams OSRAM AG and the Malaysian Investment Development Authority (MIDA) announced mutual support for the continued investment and expansion in Malaysia. Through a collaborative agreement, MIDA demonstrated significant support for Ams OSRAM’s initiatives in Malaysia. 

Photonics Market Leaders

  1. Hamamatsu Photonics KK

  2. Intel Corporation

  3. Polatis Incorporated (HUBER+SUHNER)

  4. Alcatel-lucent SA (Nokia Corporation)

  5. Molex Inc. (koch Industries)

*Disclaimer: Major Players sorted in no particular order

Photonics Market Concentration

Photonics Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)