THE PHOTONIC INDUSTRY: THE STRUCTURING OF THE MARKET AND COMPETITIVE MARKET STRATEGIES

The rising demand for fast speed has generated the need for Optics and photon based systems and technologies, thus driving the growth of the Optics and Photonics market. Photonics finds application in different fields such as medical technology, production technology, lighting, optical components and defense Photonics. Although Photonics-enabled technologies are growing rapidly, the shortage of skilled manpower is inhibiting the growth of this field. This article presents the main trends and the competitive phenomena in what is concerned as the structuring of the optics markets. The optics markets are fast paced lane which currently holds an important room for growth. It also has important stakes from the point of view of the competitiveness for several countries as well as from the point of view of the business strategy for a large number of companies.

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